What is XSP?
XSP is the official token of the XSwap Protocol. The XSwap Protocol is the first decentralized exchange (DEX) built on the Xinfin (XDC) network. It utilizes an automated market maker (AMM) system and is designed to provide efficient, low-cost exchange and trading services for XRC-20 tokens.The project is committed to driving the growth of the Xinfin network ecosystem and providing emerging projects with direct access to the market.
Core Functions and Technical Features of XSwap Protocol
The core objective of XSwap Protocol is to become the leading decentralized trading platform on the Xinfin network.It is built on the Xinfin XDC hybrid blockchain platform, which is renowned for its support of smart contracts, a processing capacity of up to 2,000 transactions per second (TPS), extremely low transaction fees, and near-instant (as fast as two seconds) transaction confirmation speeds. The key features of XSwap Protocol include:
- Distributed and Decentralized: Ensures transaction transparency and censorship resistance.
- Flexibility: Supports the exchange of various XRC-20 tokens.
- Security and Reliability: Utilizes blockchain technology to provide a secure trading environment.
The XSwap Protocol white paper was released in November 2021, marking the project’s official entry into the public eye.
Ecosystem Uses of the XSP Token
The XSP token plays multiple roles within the XSwap Protocol ecosystem, granting holders the right to participate in platform governance and earn rewards:
- Payment: Serves as a means of payment for certain services within the platform.
- Liquidity Mining (Farming): Users can earn XSP rewards by providing liquidity and staking LP tokens.
- Voting: XSP holders can participate in community governance and vote on proposals regarding the protocol’s future development.
- Staking: Staking XSP tokens allows holders to earn additional returns or participate in platform incentives.
XSP Price and Market Performance Review
As of the time of publication on July 27, 2026, the price of XSP fluctuated between approximately $0.000068 and $0.000080, with a market capitalization of approximately $163,700 to $177,100,with a 24-hour trading volume ranging from $636 to $3,263. XSP’s circulating supply is approximately 2.4 billion tokens, and its total supply is 13 billion tokens.Its all-time high was $0.01451122 (December 1, 2021), while its all-time low was $0.00005504 (June 30, 2026).Current market sentiment has improved slightly, but technical indicators have not yet shown a clear breakout. Users can view XSP’s real-time price and historical trends on market data platforms such as Svmuu.
Where can XSP be traded?
Trading of the XSP token is primarily concentrated on decentralized exchanges (DEXs). According to public data, the main trading channels for XSP are currently:
- Decentralized Exchanges (DEX): XSwap Protocol V3, with the primary trading pair being XSP/WXDC. Users typically need to use a Web3 wallet that supports the Xinfin (XDC) network to connect to this DEX for trading.
Some centralized exchanges, such as Bitrue, Bitget, and Bybit, have previously listed XSP; however, please refer to the platforms’ latest announcements for specific trading pairs and availability.
Investment Risk Warning
The cryptocurrency market is highly volatile. As a crypto asset, XSP’s price is influenced by various factors, including market supply and demand, project development, the macroeconomic environment, and regulatory policies. Investors should fully understand the relevant risks before participating in trading and make informed investment decisions based on their own risk tolerance. This article does not constitute any investment advice.
