Market cap
$591.89K
0.09 %
Volume (24h)
$24.57K
0.09 %
Circulating supply
7,728,437,007 SYL
Total supply
9,819,130,576 SYL
Max. supply
10,000,000,000 SYL
XSL Labs (SYL)
$ 0.00
0.09 %
Main info
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Comments
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Key data
updated $0Market cap$591.89K
Volume 24h$24.57K
Circulating supply7.73B77% of max 10B
All-time high$0.01-99% from peak · 2021-04-20
XSL Labs (ticker SYL) is a cryptocurrency project focused on building a decentralized internet layer, often described as a next-generation Web3 infrastructure. In simple terms, it aims to give users more control over their data and identity online, without relying on big intermediaries. The project's native coin, SYL, is used to power activity within this ecosystem.
Frequently asked questions
What is XSL Labs and how is it different from Bitcoin?
While Bitcoin is primarily a store of value and payment network, XSL Labs is focused on decentralized internet infrastructure and data ownership. Its SYL coin is designed to support services within that ecosystem rather than act purely as digital money. The two projects solve fundamentally different problems.
How does XSL Labs work under the hood?
XSL Labs builds a decentralized network layer intended to let users manage their digital identity and data without central intermediaries. The SYL token serves as the utility asset that powers interactions across this ecosystem. For technical specifics like the exact consensus mechanism, it's best to check the project's official documentation, as details evolve during development.
How is the SYL supply structured?
SYL has a hard cap of 10,000,000,000 coins, meaning no more than that amount can ever be created. A fixed maximum supply is a common way projects aim to prevent uncontrolled inflation of the coin. The distribution across team, ecosystem, and community is defined in the project's tokenomics.
Where can I store and use SYL tokens?
SYL can be kept in any wallet that supports the blockchain it runs on, including hardware wallets for stronger security. Within the XSL Labs ecosystem, the token is intended to be used for services related to decentralized identity and data. Always verify official contract addresses before transferring tokens.