Locus Chain

Locus Chain PriceLOCUS

₹0.660649
₹0.045393+7.38%

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Locus Chain Price Today

Current LOCUS/INR real-time price is ₹0.660649, with a 24-hour change rate of +7.38% and a 7-day change rate of +20.01%. LOCUS currently ranks #477 globally by market cap, with a total market cap of ₹374.381376Cr, a fully diluted valuation (FDV) of ₹463.034523Cr, and a 24-hour trading volume of ₹1.844456Cr. In terms of supply, LOCUS has a maximum supply of 700Cr, a current circulating supply of 565.98Cr, with 80.85% already in circulation and 19.15% remaining to be unlocked.

About Locus Chain

What is Locus Chain (LOCUS)?

Locus Chain (LOCUS) is the native cryptocurrency of a next-generation Layer 1 public blockchain protocol designed to achieve full decentralisation and scalability simultaneously. Built on a Directed Acyclic Graph (DAG) ledger with dynamic sharding and verifiable pruning, Locus Chain positions itself as a high-performance public blockchain capable of supporting global retail mass adoption. The project claims to be the first decentralised Layer 1 public blockchain to solve the blockchain trilemma of decentralisation, scalability, and security. LOCUS has a fixed total supply of 7,000,000,000 tokens, with approximately 5.6 billion currently in circulation, representing about 80% of the total supply. The token began as an ERC20 asset on the Ethereum network before the launch of the Locus Chain mainnet, with a migration mechanism planned through hashed time-locked contracts for 1-to-1 atomic swaps.

Key Specifications & Tokenomics

  • Name: Locus Chain
  • Ticker / Symbol: LOCUS
  • Blockchain / Platform: Ethereum platform (ERC20 token prior to mainnet)
  • Token Standard: ERC20
  • Smart Contract Address: 0xc64500dd7b0f1794807e67802f8abbf5f8ffb054
  • Decimal Places: 18
  • Explorer: etherscan.io
  • Total Supply: 7,000,000,000 LOCUS
  • Max Supply: 7,000,000,000 LOCUS
  • Circulating Supply: 5,602,923,673 LOCUS
  • Circulating Supply Percentage: 80.04%
  • Category: DeFi, Ethereum Ecosystem, Platform
  • Core Technology: DAG ledger with dynamic sharding and verifiable pruning
  • Consensus: Decentralised blockchain system targeting at least 4,000 transactions per second
  • CertiK Rating: 4.2 (Audits)
  • Holders: 5.81K

Who created Locus Chain?

Locus Chain was founded by Sang Yoon Lee, who serves as CEO and founder. Lee began his career as a game developer and founded Bloom Technology, Locus Chain's parent company, in 1994. Sejung Kim is listed as co-founder, and Jackey Choi serves as Director. Professor Sally Eaves is an advisor, and Simon Zenios handles legal matters. Professor Jihoon Jeong, a future strategist and IT convergence expert, joined the team in September 2022. The project is developed by Bloom Technology, which has been operating since 1994. The Locus Chain Foundation Pte. Ltd. holds the copyright and issued the original ERC20 smart contract.

How does Locus Chain work?

Locus Chain operates on a DAG ledger architecture combined with dynamic sharding, which is described as the core technology. This design allows the network to maintain stable transaction times even as the number of nodes and transactions increases. The protocol uses only 5-10% of network bandwidth while keeping the ledger size within 10 GB. Operating nodes can run on low-end computers such as Raspberry Pi devices, browsers, and IoT devices, which increases security and efficiency by enabling a larger number of operating nodes. The system provides interoperability with other blockchain platforms. For token migration, hashed time-locked contracts enable 1-to-1 atomic swaps of Locus tokens from Ethereum to the Locus Chain mainnet. Testnet V1 and Testnet V2 have been deployed as part of the development process.

What makes Locus Chain unique and valuable?

Locus Chain's primary differentiator is its claim to be the world's first public blockchain to maintain complete decentralisation while achieving scalability through dynamic sharding. On August 13, 2024, Locus Chain achieved the world's first successful implementation of dynamic sharding. The project emphasises minimal resource requirements, allowing nodes to operate on low-end hardware, which contributes to reduced electronic waste and increased network participation. The protocol targets at least 4,000 transactions per second, making it suitable for large-scale data processing applications in sectors such as AI, smart cities, and gaming. Its interoperability features and ability to support multi-microtransaction businesses further distinguish it from resource-intensive competitors. The project also focuses on technology licensing opportunities in CBDC and IoT areas, including smart cities, smart factories, and smart grids.

What is Locus Chain used for?

LOCUS serves as the main cryptocurrency required for all operations of the Locus Chain network and its applications. It functions as the payment method for the entire network economy. Validators, developers, and users utilise LOCUS tokens to participate in the network and receive rewards. The token is also used for transaction fees and to participate in future governance decisions. As a high-performance Layer 1 blockchain, Locus Chain enables various business opportunities including decentralised finance, real estate transaction platforms, and game money creation. The platform allows users to access blockchain verification services through simple linkage without building a separate blockchain, and supports the creation of various other tokens within its ecosystem.

How Is the Locus Chain ecosystem developing?

The Locus Chain ecosystem includes several projects accessible through the official website navigation, such as Locus Game Chain, Creta, and Smart City. The platform is designed to support DeFi, GameFi, Metaverse, Smart City, and CBDC projects. Top developers and high-profile business partners are participating in the development of Locus Chain. The Locus Chain Foundation is expanding its technology to offer tools and services for charity fundraising through initiatives like Givefy, which connects donors, volunteers, and creators. The project has also shared insights on how blockchain technology can enhance transparency and efficiency in managing Africa's vast resources. Through Locus Chain, projects in DeFi, NFT, and DEX are expected to expand, promoting growth in decentralised businesses such as PDV and AI.

How to mine Locus Chain?

Detailed public information on mining or staking mechanisms for Locus Chain is currently limited. The network operates on a decentralised blockchain system where validators can participate and receive rewards in LOCUS tokens. Operating nodes can run on low-end computers, browsers, and IoT devices, which lowers the barrier to participation. The protocol's design allows for increased security and efficiency through a larger number of operating nodes. For specific requirements and procedures regarding node operation or validation, users should refer to the official Locus Chain documentation and whitepaper.

How to keep your Locus Chain Coin safe?

Since LOCUS began as an ERC20 token on the Ethereum network, it can be stored in any wallet that supports ERC20 tokens, including hardware wallets, software wallets, and web wallets. Users should always verify the official smart contract address when managing LOCUS tokens to avoid counterfeit assets. For long-term storage, hardware wallets provide enhanced security by keeping private keys offline. Users should never share their private keys or seed phrases with anyone. When participating in the token migration to the Locus Chain mainnet, users should follow official instructions carefully and verify all contract addresses through official channels. Regularly updating wallet software and using reputable sources for downloading wallet applications are recommended security practices.

How to Buy and Use Locus Chain

Purchase Guide

Buy in just 4 steps (Register → Verify → Deposit/Purchase → Receive Coins)

  1. 1Register AccountUse email or phone number to quickly complete BTCC registration in under 1 minute.
  2. 2Identity VerificationComplete basic KYC verification to protect your account and assets.
  3. 3Quick TradeSupports credit cards, online banking and other quick purchase methods.
  4. 4Receive CoinsLocus Chain is instantly credited to your BTCC account, ready for trading at any time.

Related Trading

Choose Locus Chain products that suit your trading style

Thank you for your interest in BTCC. Currently, spot and futures trading services for LOCUS are not supported. As a leading digital asset platform, BTCC is committed to providing a secure and stable trading environment. We recommend completing your account registration and identity verification (KYC) to explore other premium assets and exclusive benefits available on BTCC.

Locus Chain FAQs

What is the live price, market cap, and 24h volume of Locus Chain (LOCUS)?

As of right now, the live price of Locus Chain (LOCUS) is ₹0.660649. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated LOCUS to USD rate at the top of BTCC’s price page. In terms of market scope, Locus Chain records a 24h trading volume of ₹1.844456Cr (reflecting total buying and selling activity over the last 24 hours), with a total market cap of ₹374.381376Cr. Its current circulating supply stands at 565.98Cr out of a maximum supply cap of 700Cr.

Why does the price of Locus Chain (LOCUS) fluctuate, and what drives its volatility?

The price volatility of Locus Chain (LOCUS) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as RBI or US Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (565.98Cr) to max supply (700Cr), as well as token unlocks and burn mechanisms; 3) Fundamental developments, such as ecosystem expansion, on-chain activity, and core protocol upgrades; and 4) Derivatives market dynamics, including leverage battles and liquidation cascades in perpetual contracts.

What are the all-time high (ATH) and all-time low (ATL) for Locus Chain (LOCUS)?

Looking at its historical price performance, Locus Chain (LOCUS) hit an all-time high (ATH) of ₹22.722362 on 2022-04-10 00:55, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at ₹0.082534 on 2020-04-19 14:45. Note that historical highs and lows reflect past performance only and do not guarantee future price trends; investment decisions should always align with live market conditions and your personal risk tolerance.

How to read the Locus Chain (LOCUS) price chart for futures trading?

When trading LOCUS futures on BTCC, technical chart analysis begins with identifying key support and resistance levels on 1D and 4H charts using historical price pivots. Next, apply MA/EMA indicators to gauge trend directions, alongside RSI (values above 70 indicate overbought conditions, while below 30 suggest oversold levels). Always validate breakout signals with the 24h trading volume (₹1.844456Cr), as price breakouts accompanied by strong volume offer higher reliability.

How to profit from Locus Chain (LOCUS) price drops? (Short Selling Guide)

Unlike spot trading where you can only profit from rising prices, BTCC’s LOCUSUSDT perpetual contracts support two-way trading. If you anticipate a price decline for Locus Chain, simply log into your BTCC account with USDT margin available, navigate to the LOCUSUSDT pair, set your desired leverage and Take-Profit/Stop-Loss levels, and click "Sell/Short". Once the price drops to your target, close your position to lock in profit from the price difference.

Can I trade Locus Chain (LOCUS) perpetual futures with high leverage on BTCC?

Yes. BTCC offers flexible, high-tier leverage options for LOCUSUSDT perpetual futures, providing up to 500x leverage (maximum leverage limits may vary depending on liquidity). While leverage boosts capital efficiency by allowing you to control larger position sizes with less margin, it also amplifies liquidation risks proportionately. BTCC strongly advises using Stop-Loss orders to strictly manage risk when trading with high leverage.

How to practice Locus Chain (LOCUS) futures trading with a free demo account?

Beginners and traders testing new strategies can switch to BTCC's "Demo Trading" mode with a single click on the App or Web interface. The demo account comes pre-loaded with risk-free virtual funds (such as 100,000 USDT). Powered by live market prices (current price: ₹0.660649), you can practice opening/closing positions, adjusting leverage, and setting TP/SL for LOCUSUSDT with zero financial risk.

Step-by-step guide: How to buy and trade Locus Chain (LOCUS) on BTCC?

Trading Locus Chain (LOCUS) on BTCC requires just 4 simple steps: 1) Register a BTCC account and complete basic Identity Verification (KYC); 2) Buy USDT using fiat via credit card/express payment, or deposit USDT/BTC directly from an external wallet; 3) Navigate to the Futures section, search for LOCUSUSDT, and review its live price (₹0.660649) and chart; 4) Select your margin mode and leverage, choose "Buy/Long" or "Sell/Short" based on your market outlook, set TP/SL orders, and confirm your trade.

Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by BTCC regarding the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial adviser before making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BTCC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third-party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under BTCC’s control. BTCC is not responsible for the reliability or accuracy of such third-party sites or their contents.