What is #Chainbase ($C )? Overview @Chainbase Official
Chainbase is a "hyperdata network" infrastructure that aims to make blockchain data accessible, organized, and usable for AI (artificial intelligence) applications. The project's goal is to consolidate fragmented and difficult-to-access blockchain data in a decentralized environment, making it easily accessible to developers, researchers, and applications.
Four-Layer Architecture
Data Accessibility Layer
Collects both on-chain and off-chain data from multiple blockchain networks and makes it easily accessible to developers. It operates through decentralized data providers and provides security through verification mechanisms.
Co-Processor Layer (Manuscript Protocol)
Developers can write scripts called "manuscripts" that clean and organize raw blockchain data, making it processable for AI and applications. Script authors earn rewards based on the number of times their scripts are used.
Execution Layer
The Chainbase Virtual Machine (CVM) runs in this layer. It can execute scripts in parallel with high efficiency, providing low latency and high throughput.
Consensus Layer (Dual-Chain + Dual-Staking)
Chainbase coordinates with a network like Cosmos, leveraging the security and computation layers of the Ethereum network with EigenLayer AVS. This architecture enhances network security and speeds up transaction completion.
The Role and Tokenomics of the $C Token
At the heart of the Chainbase ecosystem is a token called $C. This token:
Used as an internal payment unit (data access, API usage, etc.)
Provides rewards for network contributions to participants such as operators, developers, and validators
Plays a significant role in staking mechanisms (dual-staking)
Provides governance rights; Token holders can vote on network updates and policy changes.
Token Supply & Distribution
Total supply: 1 billion C tokens
Distribution:
80% → Operator rewards
15% → Developer incentives
5% → Fee burn mechanism to reduce circulating supply
Chainbase's Key Advantages and Use Cases
Advantages
AI Ready: Data is pre-processed and can be directly integrated with AI systems.
High Performance: Low-latency, high-volume transaction capabilities.
Decentralized and Secure: A more resilient network structure with a dual-chain and dual-staking structure.
Programmable Data: Thanks to the Manuscript layer, the data processing flow can be customized and monetized with scripts.
Use Cases
Wallets: Multi-chain asset tracking and management.
Security Analytics: Attack and anomaly monitoring on the blockchain.
Artificial Intelligence Models: Data source for AI applications such as DAO decision support systems and portfolio analysis.
DeFi and On-chain Analytics: Building DeFi dashboards and analytics systems with real-time data
Current Status: Price and Market Data (August 14, 2025)
Token Price:
~$0.2327 according to Binance data, down approximately 10% in the last 24 hours
CoinGecko also reported a similar decline, with data at ~$0.2315 and similar.
Market Cap: Around ~$37 million; Circulating Supply: 160 million tokens (~16%)
24-Hour Trading Volume: Approximately $40–47 million
Historical High/Low:
ATH: Around $0.52 (July 2025)
ATL: Around $0.08 (July 2025)
Current price is approximately 45–55% below ATH
History and Background
Official Introduction: In July 2025, Chainbase launched with the motto "Hyperdata Network for AI." It focused on indexing, data processing, and API access.
Price Movements: After launch, the price initially rose by 300% due to sales by some airdrop participants, but then declined.
Investors and Backers: Backed by investors such as Tencent, Matrix Partners, and Mask Network; A total investment of approximately $15–16 million has been attracted.
Activity volume: More than 500 billion data calls have been processed on over 200 blockchains, more than 10,000 projects are using the platform, and approximately 35,000 developers are involved in the community.
Chainbase – The Graph vs. Competing Projects
Chainbase, compared to on-chain data providers like The Graph, offers:
AI-ready data offering,
Manuscript layer (programmability),
Additional advantages such as security with dual-staking.
