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View ChartPlugin Decentralized Oracle (PLI) is a decentralized oracle platform built specifically for smart contracts on the XDC Network. It provides data feeds, proof of reserve, verifiable random function (VRF), automation, and oracle infrastructure that help smart contracts connect to real-world data. PLI is the project's utility token used across the Plugin ecosystem. The network is designed to deliver cost-effective, tamper-proof, and reliable data feeds to support smart contracts in the XDC ecosystem, bridging Web2 to Web3 use cases. Plugin positions itself as "XDC's Oracle of Choice" and "The Native Oracle of XDC Network." The total supply of PLI is capped at 500,000,000 tokens, with a circulating supply reported at approximately 151,365,659 PLI. The project has progressed through multiple version upgrades, launched its VRF on mainnet, and continues to expand its ecosystem through partnerships and node infrastructure improvements.
Plugin's founding team includes four co-founders listed on the official website. Atul Khekade and Ritesh Kakkad are both Co-Founders of XDC Network. Vinod Khurana serves as Co-Founder of Plugin and CEO of Suvik Group, while Kapil Khurana is Co-Founder of Plugin and COO of Suvik Group. The team has articulated a vision centered on bridging the physical world with the digital realm through decentralized oracle infrastructure. Atul Khekade has invited developers, researchers, and innovators to embrace Plugin as a go-to decentralized network for real-world asset tokenization, DeFi projects, payment solutions, and leverage mechanisms. Ritesh Kakkad has emphasized that the future of finance and decentralized apps depends on real-world data integration with blockchain. Vinod Khurana has described Plugin as a bridge connecting the physical world with the digital realm, while Kapil Khurana has expressed a vision of building an ecosystem where data is trusted, accessible, and secure.
Plugin operates as a decentralized oracle network on the XDC Network, featuring reliable API providers and diverse node operators around the globe. A reputation algorithm incentivizes high-performing nodes for data accuracy and availability. The network eliminates single points of failure and ensures data integrity through its tamper-proof oracle solution. Plugin's core services include data feeds for real-world data integration, proof of reserve, verifiable random function (VRF), automation, oracle infrastructure, and cross-chain communication. Smart contracts on XDC connect with the real-time world and receive trustable data feeds from the network of node operators. The platform ensures secure, low-cost transactions and acts as a gateway to real-world data. Plugin has launched its VRF on mainnet and released Plugin 2.4 with advanced updates. The team is also working on merging artificial intelligence with oracles to enhance network capabilities. Additional stand-by nodes have been upgraded to full standard nodes to enhance decentralization, institutional-grade reliability, and throughput for RWA feeds.
Plugin distinguishes itself as the native oracle specifically designed for the XDC ecosystem, providing cost-effective solutions with a high degree of security. Its decentralized network features a reputation algorithm that incentivizes high-performing nodes, ensuring data accuracy and availability. Plugin eliminates single points of failure and provides tamper-proof data for smart contracts. The platform offers a comprehensive suite of services including data feeds, proof of reserve, VRF, automation, and cross-chain communication, making it a versatile infrastructure provider for DeFi, RWAs, and beyond. Plugin's main interests include decentralization of business models across prediction markets, pricing indexes, fintech, DeFi, SaaS, and other sectors. The project has a proven track record in developing dApps across healthcare, insurance, ESG, gaming, DeFi, trade finance, and supply chain. With its focus on bridging Web2 and Web3, Plugin provides essential data cost-effectively for DeFi, supply chain, and hedging applications. The upgrade of 65 stand-by nodes to full standard nodes further strengthens the network's decentralization and institutional-grade reliability.
PLI tokens serve multiple functions within the Plugin ecosystem. They are used to incentivize data providers on the platform with rewards, enhancing the network's data quality and reliability. PLI is the project's utility token used across the Plugin ecosystem for various purposes. Token holders can stake PLI, as indicated by the website's display of "PLUGIN PLI Staked" and "PLI Incentives." PLI is also used to pay for oracle services and network operations. The token underpins the economic model that supports data feeds, proof of reserve, VRF, automation, and cross-chain communication services. Plugin's oracle infrastructure supports a wide range of use cases including real-world asset tokenization, DeFi projects, payment solutions, leverage mechanisms, supply chain, hedging, prediction markets, pricing indexes, fintech, SaaS, healthcare, insurance, ESG, gaming, and trade finance.
Plugin's ecosystem is expanding through strategic partnerships and integrations. Caddy (CaddyFi) announced on February 3, 2025, that Plugin's decentralized oracles are now powering its DeFi ecosystem, bringing secure and accurate data to Caddy's smart contracts. Plugin and Liqi have joined forces to bring decentralized oracle infrastructure to the growing real-world asset market in Latin America. The PRFI/USD data feed is now live on the Plugin Decentralized Oracle Network, strengthening the platform's data offerings. Plugin Labs, the project's dApp development arm, has projects across healthcare, insurance, ESG, gaming, DeFi, trade finance, and supply chain. The platform showcased its technology at GITEX24 (GITEX 2024), receiving significant engagement. Plugin is now live on IQ.wiki, the world's leading blockchain encyclopedia. The team has launched its latest roadmap with advanced technology updates, released Plugin 2.4, and continues to upgrade node infrastructure. Plugin's R&D team stays ahead of industry trends, integrating cutting-edge advancements into its decentralized network, including ongoing work on merging AI with oracles.
PLI is not mined through traditional proof-of-work mechanisms. Instead, the network operates through a decentralized system of node operators who provide data feeds and oracle services. Participants can stake PLI tokens to support network operations and earn incentives. The network features a reputation algorithm that incentivizes high-performing nodes for data accuracy and availability. Node operators around the globe provide trustable data feeds, and stand-by nodes can be upgraded to full standard nodes based on performance and network requirements. To participate in the network, users can explore staking opportunities through the official Plugin platform, where PLI incentives are available for staked tokens. The staking mechanism helps secure the network while rewarding participants who contribute to data integrity and availability.
Keeping PLI tokens safe requires following established security practices for cryptocurrency storage. Use a reputable wallet that supports XRC20 tokens on the XDC Network to store PLI securely. Hardware wallets provide an additional layer of security by keeping private keys offline and protected from online threats. Always verify contract addresses before conducting transactions, and ensure you are interacting with the official Plugin platform. Enable two-factor authentication on any exchange accounts used to trade PLI. Keep your private keys and seed phrases confidential and never share them with anyone. Be cautious of phishing attempts and unofficial links claiming to offer PLI-related services. Regularly update your wallet software and security protocols. Since crypto markets are highly volatile, study all available statistics before adding crypto assets to your portfolio. Consider diversifying your holdings and only investing what you can afford to lose.
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Thank you for your interest in BTCC. Currently, spot and futures trading services for PLI 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 Plugin Decentralized Oracle (PLI) is ₹0.174057. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated PLI to USD rate at the top of BTCC’s price page. In terms of market scope, Plugin Decentralized Oracle records a 24h trading volume of ₹12.509483L (reflecting total buying and selling activity over the last 24 hours), with a total market cap of ₹2.637569Cr. Its current circulating supply stands at 15.14Cr out of a maximum supply cap of 50Cr.
The price volatility of Plugin Decentralized Oracle (PLI) 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 (15.14Cr) to max supply (50Cr), 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, Plugin Decentralized Oracle (PLI) hit an all-time high (ATH) of ₹93.276685 on 2021-11-10 10:05, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at ₹0.078153 on 2026-09-24 18:30. 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 PLI 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 (₹12.509483L), as price breakouts accompanied by strong volume offer higher reliability.
Unlike spot trading where you can only profit from rising prices, BTCC’s PLIUSDT perpetual contracts support two-way trading. If you anticipate a price decline for Plugin Decentralized Oracle, simply log into your BTCC account with USDT margin available, navigate to the PLIUSDT 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 PLIUSDT 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: ₹0.174057), you can practice opening/closing positions, adjusting leverage, and setting TP/SL for PLIUSDT with zero financial risk.
Trading Plugin Decentralized Oracle (PLI) 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 PLIUSDT, and review its live price (₹0.174057) 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.
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