$TRX TRX is the native token of the TRON blockchain platform. TRON is a blockchain project dedicated to building a decentralized internet, aiming to create a global free content entertainment system through blockchain technology and distributed storage. Here are some key information about TRX:
- Basic Information: The total supply of TRX is 100 billion tokens, employing a deflationary mechanism where TRX may be destroyed in certain scenarios to reduce circulation.
- Main Uses:
- Transaction Fees: When transferring, executing smart contracts, and other operations on the TRON network, TRX must be paid as a transaction fee.
- Ecological Applications: It is the main payment and interaction token for various DApps (decentralized applications) within the TRON ecosystem, covering areas such as decentralized finance (DeFi), NFTs, games, and more.
- Governance Function: Users holding TRX can participate in governance voting on the TRON network, expressing opinions on important matters such as network upgrades and proposals.
- Staking Mining: Users can participate in the consensus mechanism (DPoS) of the TRON network by staking TRX, becoming a candidate for super representatives or voting for super representatives to receive corresponding rewards.
- Acquisition Methods: Can be purchased on mainstream cryptocurrency exchanges such as Binance, Huobi, OKX; can also be obtained through participation in TRON ecosystem DeFi projects such as staking, liquidity mining, etc.; some platforms or activities may also distribute TRX through airdrops and other forms.
- Price Trend: The price of TRX is influenced by market supply and demand, overall cryptocurrency market trends, and other factors, showing significant volatility. As of July 11, 2025, its price is approximately 0.1123 USDT (data source: real-time data from mainstream exchanges).