Last updated：--
View ChartOrchid (OXT) is the native token of Orchid, a cryptocurrency-powered virtual private network (VPN) that launched in December 2019. Described as the world's first incentivized, peer-to-peer privacy network, Orchid aims to overcome internet freedom limitations by using cryptocurrency payments to let anyone purchase bandwidth from any participating provider. It is a decentralized bandwidth marketplace built on the Ethereum blockchain, connecting bandwidth providers with users through pay-as-you-go access rather than a single-provider VPN model. The protocol combines an open-source VPN client, Ethereum smart contracts, stake-weighting for provider selection, and probabilistic nanopayments. OXT has a fixed total supply of 1,000,000,000 tokens minted at network launch, with approximately 997,214,634 OXT in circulating supply.
Orchid is developed by Orchid Labs, created in 2017 by privacy-focused developers. The project has four co-founders drawn from the blockchain and financial spheres. Dr. Steven Waterhouse, also known as "Seven," serves as CEO and is a Co-Founder of Pantera Capital and a board member of Bitstamp. Jay Freeman is the creator of Cydia, an alternative Apple App Store for jailbroken Apple devices. Brian J. Fox was responsible for creating Wells Fargo's first interactive online banking system in the mid-1990s. Gustav Simonsson is one of the Ethereum network's core security developers, having helped with its original launch in 2015. Capital.com also lists Stephen Bell among the founders of Orchid Labs.
Orchid operates as a decentralized VPN (dVPN) built on Ethereum smart contracts. Bandwidth providers lock OXT in Orchid's Ethereum directory contract, and the client selects tiered bandwidth providers at random according to the proportion each provider contributes to the system's total stake. A larger stake improves visibility but does not guarantee revenue. Unlike most proof-of-stake cryptocurrencies, Orchid does not reward users for staking; instead, providers are paid when users purchase bandwidth, and staking is mostly used to find providers and resist Sybil attacks. Payments use probabilistic nanopayments, which are cryptographic tickets with a small probability of creating a larger bandwidth payment, matching bandwidth used with an expected payment. Winning tickets are redeemed against the payment contract on-chain, reducing the number of Ethereum transactions required while maintaining pay-as-you-go pricing. Regular payments to providers occur off-chain, helping Orchid avoid congestion and gas fee problems on Ethereum. The protocol runs on top of WebRTC and supports Orchid's VPN along with WireGuard and OpenVPN.
Orchid distinguishes itself by using blockchain technology to enhance the existing VPN experience. Through cryptocurrency-based probabilistic nanopayments, users benefit from anonymous VPN usage that does not rely on a centralized server or the risks associated with a particular country's infrastructure. Instead of monthly or annual fees, the service is pay-per-use, so users only contribute funds when they actually connect. Orchid describes itself as "DePIN That Works" — a decentralized marketplace for AI, storage, and bandwidth. Its economic model combines the OXT token, staked by bandwidth providers for visibility, with probabilistic nanopayments billed to user accounts in OXT. As a freely-exchangeable ERC-20 token, OXT also provides a trading incentive to own and increase network value for owners. The network's incentive model based on OXT encourages providers and resists Sybil attacks, while ETH is still required to pay gas fees.
OXT can be used to pay for bandwidth or staked by bandwidth providers. Providers stake OXT to signal themselves for user traffic, so OXT utility is closely tied to activity within the Orchid network itself. Probabilistic nanopayments for bandwidth are billed to user accounts in OXT tokens. The Orchid Protocol is designed to give digital privacy utilizing a peer-to-peer, incentivized network, and using the Orchid Token (OXT) users can buy and sell bandwidth. Orchid crypto was designed to allow for market incentives, providing rewards for bandwidth providers as well as payments. The network creates a marketplace of providers by letting them stake OXT on Ethereum, while the client selects providers via a stake-weighted lottery. This model allows users to replace monthly subscriptions with a pay-as-you-go system, sending probabilistic nanopayment tickets with encrypted traffic.
Orchid's economic model consists of the OXT token, staked by bandwidth providers for visibility, and probabilistic nanopayments for bandwidth billed to user accounts in OXT tokens. The project's product areas, per its site navigation, include GENAI, STORAGE, VPN, and OXT. Site navigation also references partners, developers, a VPN download, a DApp launch, the whitepaper, documentation and FAQ, how it works, contact, blog, podcast, and account management. OXT is audited by ConsenSys Diligence and Certora, and data and tracking references include Messari, CoinGecko, CoinMarketCap, Etherscan, and Xangle. All information about the supply of OXT and the addresses where OXT is located is publicly available on the Ethereum blockchain. When the Orchid community learns of new exchange listings, they are publicly announced.
OXT is not mined. It is an ERC-20 token on Ethereum with a fixed supply of 1 billion units minted at network launch, and OXT is not used for blockchain consensus. Instead of mining, Orchid uses staking for provider selection and network incentives. Bandwidth providers lock OXT in Orchid's Ethereum directory contract, and the client selects tiered bandwidth providers at random according to the proportion each provider contributes to the system's total stake. A larger stake improves visibility but won't guarantee revenue. Orchid, unlike most proof-of-stake cryptocurrencies, does not reward users for staking; providers are paid when users purchase bandwidth. Staking is mostly used to find providers and resist Sybil attacks, while ETH is still required to pay gas fees.
OXT is an ERC-20 token, so it can be held in wallets and custody solutions that support Ethereum-based assets. Wallets and custody partners referenced by Orchid include imToken, Trust Wallet, MetaMask, Gemini, Edge, Coinbase Wallet, BitGo, BRD, Ledger, KeepKey, and Jaxx. Hardware wallets such as Ledger and KeepKey allow users to store private keys offline, which reduces exposure to online threats. When using software wallets, users should safeguard seed phrases and private keys, verify contract addresses before interacting with tokens, and be cautious of phishing attempts. Because OXT supply and holder addresses are publicly visible on the Ethereum blockchain via Etherscan, users can independently verify token movements. As with all cryptocurrencies, trading and holding digital assets poses a considerable risk of loss.
OXT is listed on a range of exchanges and can also be acquired through supported wallets and custody platforms. For a secure and liquid trading experience, using a major regulated platform like BTCC is recommended. Register a BTCC account by signing up with your email or mobile number and completing KYC verification to unlock more features and benefits of the platform. Deposit funds by adding fiat currency via bank transfer, card, or third-party payment, or by transferring USDT from an external wallet into your BTCC account. Then go to the trading page and search for the spot trading pair OXT/USDT or the perpetual contract OXTUSDT. Enter the amount of OXT you wish to purchase and submit the order; for contract trading, you can also choose to go short and adjust the leverage multiplier according to your strategy and risk tolerance. Finally, confirm your purchase by checking your personal account for spot purchases or the trading page to see if your contract order was filled successfully. Always review the current market price, 24-hour volume, and listing status before trading.
Buy in just 4 steps (Register → Verify → Deposit/Purchase → Receive Coins)
Choose Orchid products that suit your trading style
Thank you for your interest in BTCC. Currently, spot and futures trading services for OXT 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.
As of right now, the live price of Orchid (OXT) is ₹0.986516. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated OXT to USD rate at the top of BTCC’s price page. In terms of market scope, Orchid records a 24h trading volume of ₹20.470535Cr (reflecting total buying and selling activity over the last 24 hours), with a total market cap of ₹96.258298Cr. Its current circulating supply stands at 99.72Cr out of a maximum supply cap of ∞.
The price volatility of Orchid (OXT) 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 (99.72Cr) to max supply (∞), 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.
Looking at its historical price performance, Orchid (OXT) hit an all-time high (ATH) of ₹97.856645 on 2021-04-05 12:20, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at ₹0.287888 on 2026-06-29 04:30. 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.
When trading OXT 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 (₹20.470535Cr), as price breakouts accompanied by strong volume offer higher reliability.
Unlike spot trading where you can only profit from rising prices, BTCC’s OXTUSDT perpetual contracts support two-way trading. If you anticipate a price decline for Orchid, simply log into your BTCC account with USDT margin available, navigate to the OXTUSDT 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.
Yes. BTCC offers flexible, high-tier leverage options for OXTUSDT 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.
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: ₹0.986516), you can practice opening/closing positions, adjusting leverage, and setting TP/SL for OXTUSDT with zero financial risk.
Trading Orchid (OXT) 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 OXTUSDT, and review its live price (₹0.986516) 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.
Bitcoin
Ethereum
Tether USDt
BNB
XRP
Solana
Dogecoin
Cardano
Avalanche
![BitTorrent [New]](https://s2.coinmarketcap.com/static/img/coins/64x64/16086.png){kind=small}
