Here is the latest information about Chainbase (C):
📊 Market Overview
0-1Current price: approximately $0.31, slightly up about 6–6.5% over 24 hours .
117-024-hour trading volume: approximately $150–190 M .
180-0Circulation: 160 M C, maximum supply of 1 B .
244-0Market cap varies slightly by source, CoinGecko shows about $310 M 302-0, CoinMarketCap shows about $50 M .
361-0Historical Peak: $0.516, achieved on 2025‑07‑18 .
418-0Historical low: $0.0806, achieved on 2025‑07‑14 .
477-0Recent price level down about 40% from ATH, up over 280% compared to ATL .
🏗 Project Background and Positioning
534-0Chainbase is a 'Hyperdata Network' aimed at Web3 and AI, designed to build on-chain data infrastructure to support developers, AI models, etc., using unified structured data .
689-0Supports dual chains (Base and BNB Smart Chain), achieving high performance, low cost, and cross-chain interoperability .
772-0Core technologies include Manuscript programmable data layer, AVS verification system, dual-chain architecture, and dual staking mechanism .
854-0Since its establishment in 2021, indexed over 200 blockchains, processed over 500 billion data requests, and attracted over 35,000 developers and 10,000+ projects .
💎 Token Economics and Use
Native Token: $C, total supply of 1 B.
Use:
Pay for data requests and API access
Incentivizing operators, developers, and validators
Staking (Dual Staking)
Governance and Voting .
Distribution (slightly varies by source):
1131-0Main sources: Community + Ecology 40%, Airdrop 13%, Operator rewards 12%, Team 15%, Early investors 17%, Liquidity 3% .
1246-0Another perspective: 80% for operator rewards, 15% for developers, 5% for fee burn.
📌 Issuance and Launch Dynamics
1308-0Officially launched on 2025‑07‑14, with a cumulative increase of about +300% on the first day of release, soaring from $0.115 to a peak of $0.50+, then retraced about 40% due to user profit-taking.
1437-0On the same day, Binance supported C trading and HODL airdrop plan upon launch .
1524-0On July 21, Binance Square launched a $100,000 C token reward event (tasks include posting, trading, etc.), lasting until October 21 .
✅ Project Advantages and Potential Highlights
1622-0Strong infrastructure positioning: Committed to on-chain data standardization and AI readiness, aligning with the current multi-chain + AI development trend .
Significant market attention: Gained support from major exchanges and high airdrop rewards at launch.
1739-0Capital Endorsement: $15M funding in Series A led by Tencent in 2024 .
Rapid user growth: Attracted community interest and strong ecological activities within days of launch.
⚠️ Risks and Challenges
Price volatility is significant: After launch, volatility exceeded 300%, quickly retraced after airdrop redemption.
Technical implementation needs verification: Despite having a technological vision, commercialization and the true implementation of data services still need to be tested.
Intense competition: Many competitors in AI data and on-chain data service fields, including centralized API providers and other Web3 data infrastructure platforms.
Airdrop selling pressure: Launch activities and airdrop redemption may continue to affect short-term price trends.
🧭 Summary and Suggestions
Chainbase is an infrastructure project aimed at the new era of 'DataFi + AI', with its Hyperdata network and dual-chain strategy possessing long-term potential. If you are optimistic about on-chain data and AI-driven application market trends and willing to take on the high risks of emerging projects, you can pay attention or participate with a small amount. If you prefer a more stable investment path, it is recommended to wait for its ecological usage and commercialization to become clearer@Chainbase Official #Chainbase