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LUKSO

LUKSO (LYX)

$ 0.23
-1.39 %
Main info
News
Comments
Markets
Analytics
Market cap
$7.11M
-1.39 %
Volume (24h)
$90.85K
-1.39 %
Circulating supply
30,378,837 LYX
Total supply
41,958,112 LYX
Max. supply
42,085,429 LYX

Key data

updated $0
Market cap$7.11M
Volume 24h$90.85K
Circulating supply30.38M72% of max 42.09M
All-time high$11.6-98% from peak · 2024-01-16

LUKSO (LYX) is the native coin of a blockchain built specifically for the creative economy — fashion, design, gaming and social media. Think of it as a network where designers, brands and creators can issue their own tokens and verifiable digital items without needing to code from scratch. LYX is used to pay for transactions on the network and to participate in its proof-of-stake consensus.

Frequently asked questions

What is LUKSO and how is it different from other blockchains?

LUKSO is a layer-1 blockchain aimed at the lifestyle and creative industries rather than pure finance. It is fully compatible with the Ethereum toolset, so developers can deploy smart contracts just like on Ethereum, but with standards tailored to brands, creators and digital identity. The project was co-founded by people behind early Ethereum projects, which shaped its developer-friendly approach.

How does the LUKSO network work?

LUKSO runs on a proof-of-stake consensus, meaning validators secure the network by locking up LYX instead of using energy-intensive mining. It supports Ethereum's execution environment, so wallets, development tools and smart contracts familiar from Ethereum work here too. The team also introduced standards like LSP (LUKSO Standard Proposals) for profiles and digital assets.

How is LYX issued and what is its supply model?

LYX was originally distributed through a public sale before the mainnet launched, and the coin replaced the earlier LYXe token at a 1:1 ratio when the network went live. New coins are issued as rewards to validators and stakers who help process transactions. There is a fixed maximum supply, so no unlimited printing is possible.

Where and how can you store and use LYX?

Since LUKSO is EVM-compatible, LYX can be stored in wallets that support custom Ethereum-style networks, including browser wallets like MetaMask with the right settings. The coin is used to pay transaction fees, interact with apps in the LUKSO ecosystem, and stake to earn rewards. Always double-check network parameters and addresses before transferring.