Launch Date & Token (C)
Chainbase’s native token, $C, officially launched in mid‑July 2025—specifically around July 14. It experienced a sharp initial surge of around 300%, rising from ~$0.115 to ~$0.50, before settling near $0.27 amid some selling pressure from airdrop participants .
Launch Platform
The token debuted on multiple exchanges, including Binance, Bitget, KuCoin, MEXC, among others, gaining immediate visibility on major trading platforms .
Fundraising & Backing
Chainbase is supported by notable investors. In early 2024, it raised around $15 million from prestigious backers like Tencent, Matrix Partners, and Hash Global . Binance’s research page also mentions total private sales of approximately $11.4 million, with 17% of the token supply sold at prices between $0.02 and $0.10 .
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What Chainbase Actually Is & How It Works
Chainbase positions itself as a next-generation Web3 data infrastructure built for AI. It aims to unify and simplify access to blockchain data across multiple chains through a structured, efficient, and decentralized network.
Key Architectural Pillars
1. Hyperdata Network & Dual‑Chain Design
Chainbase aggregates fragmented blockchain data into a unified, structured format ideal for Web3 development and AI. Its innovative dual-chain architecture combines:
A Consensus Layer built on CometBFT (for fast, deterministic data finality)
An Execution Layer powered via EigenLayer restaking and the AVS (Autonomous Verifiable Services) model .
2. Four-Layer System
Data Accessibility Layer: Collects on-chain (e.g., transactions, smart contracts) and off-chain data across hundreds of networks .
Co‑Processor Layer (Manuscripts): Programmable scripts called Manuscripts allow developers to define how raw data is processed and cleaned—these can be shared and reused .
Execution Layer (Chainbase Virtual Machine + EigenLayer): Executes Manuscripts in parallel securely, leveraging restaked ETH via EigenLayer; supports decentralized infrastructure operators .
Consensus Layer (CometBFT + DPoS): Offers secure, fast consensus and allows stakers and delegators to contribute to the validation of data operations .
3. Developer-Focused API Platform
Through its API suite (REST, streaming, GraphQL, webhooks, SQL), Chainbase provides easy access to on-chain and off-chain datasets—covering DeFi, NFT, analytics use cases, and more—without needing to manage infrastructure internally .
4. Token (C) Utility & Tokenomics
Utility Roles of $C: Needed for accessing data, staking, paying fees, participating in governance, and earning rewards .
Token Supply & Distribution:
Total supply: 1 billion $C .
Circulating at launch: ~160 million (16%) .
Airdrop/HODL allocation: ~20 million (2%) initially, plus additional later unlocks .
Vesting & Emission Schedules:
Team/backers: vest over 3+ years with cliffs .
Infrastructure operators and ecosystem development: extended vesting schedules to align supply with usage and discourage speculation .
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Why Chainbase Matters—Its Importance & Value
1. Solving Data Fragmentation for AI & Web3
AI applications require structured, high-quality, multi-chain data. Chainbase solves this by consolidating data into AI-ready formats, reducing development friction and accelerating innovation .
2. Democratizing Data Processing via Manuscripts
Its script system (Manuscripts) enables developers to share data transformations and get rewarded, fostering an open innovation ecosystem .
3. Decentralized, Secure Infrastructure
By employing dual staking and restaked ETH via EigenLayer, Chainbase ensures strong economic security while delivering high throughput and reliable performance .
4. Broad Developer Adoption & Network Reach
Chainbase has indexed over 200 blockchains, processed 500 billion+ data calls, and supports over 10,000 projects—underscoring its already significant presence in the space .
5. Aligned Tokenomics for Sustainable Growth
With structured vesting, rewards for contributors, and governance participation baked into the token model, Chainbase aims to align stakeholder incentives for long-term stability .
6. Strategic Partnerships & Ecosystem Support
Backed by influential investors like Tencent and integrated with major platforms (e.g., Binance Alpha, MEXC), Chainbase enjoys both financial muscle and distribution reach to scale quickly .
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Summary at a Glance
Aspect Details
Launch Date Mid-July 2025
Token $C, listed on major exchanges
Purpose Hyperdata network for AI & Web3
Architecture Dual-chain, 4-layer (data, co-processor, execution, consensus)
Key Innovation Manuscripts for data transformation
Tokenomics 1B supply, vesting, staking, governance
Use Cases DeFi, analytics, cross-chain wallets, AI agents
Value Proposition Solves fragmentation, provides secure, scalable, decentralized data layer
Backing Tencent, Matrix Partners, etc.
Ecosystem Scale 200+ chains, 10K+ projects, 500B data calls
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In Conclusion
Chainbase is an ambitious and technically robust platform aiming to become the foundation of the DataFi economy—bridging fragmented blockchain data and the AI-forward future of decentralized applications. By merging network security, developer tools, incentives, and a structured data layer into one ecosystem, it delivers both immediate utility and long-term value potential.
