#chainbasehq #chainbaes Chainbase is an AI-driven decentralized data network, focusing on Web3 data infrastructure, aimed at providing developers with unified blockchain data access and processing capabilities. Through a dual-chain architecture, it integrates all-chain data to support AI-driven applications.
Its governance token is C, with a total supply of 1 billion tokens, featuring multiple functions such as data access, ecological incentives, and protocol governance. On July 14, 2025, C was launched on Binance Alpha, with 2% (20 million tokens) allocated for airdrops, redeemable by BNB holders through Binance Alpha points. On its first day of trading, it performed brilliantly, with the price soaring 300% from $0.115 to $0.50, but due to selling pressure from the airdrop, it subsequently fell back to $0.27, showing significant short-term volatility.
The project has received support from institutions like Tencent, completing a $15 million Series A financing round led by Tencent Investment Group and Matrix Partners China in July 2025, with a total financing amount of $18 million. Despite long-term potential attracting the attention of developers and the community, risks such as high volatility and regulatory uncertainty stemming from its new coin characteristics still need to be heeded.