XDC Network (also known historically as XinFin) (XDC) is the native coin of XDC Network, its own EVM-compatible Layer-1 blockchain formerly branded XinFin.
The project was originally positioned as an enterprise-ready hybrid blockchain focused on trade finance, initially through its TradeFinex.org platform. XDC serves as the chain's gas and utility asset, powering transactions and smart-contract execution on the network as of 2026-08-31.
XDC Network differentiates itself through a concentrated focus on real-world-asset (RWA) tokenization and institutional trade finance rather than general-purpose smart-contract activity.
On-chain RWA value tokenized on the network has reached approximately $1.1 billion, including about $860 million in credit assets such as corporate bonds and trade receivables. Its DeFi ecosystem remains comparatively small, with total value locked around $24 million in early 2026 after the network's first DeFi Surge Program roughly doubled TVL. XDC is used to pay fees and secure this RWA-oriented infrastructure.
XDC functions as a utility token used to pay transaction fees and computational costs on XDC Network, rather than as a pure governance token.
It also underpins the network's staking system: XDC held by masternode operators supports network validation, giving the token a combined fee-payment and staking role beyond simple gas use.
XDC has a circulating supply of approximately 19.9 billion coins against a total and max supply of roughly 38.07 billion as of 2026-08-31.
Older documentation cited a 100 billion hard cap, but current figures reflect a dynamic, burn-adjusted supply model rather than that original ceiling. The planned XDC 3.0 upgrade introduces a token-burning mechanism alongside staking and rewards changes intended to control inflation, moving net emission toward a more disinflationary trajectory once implemented.
XDC originated from XinFin's 2017 pre-placement round, which raised over $1.5 million to build the XDC Hybrid Blockchain protocol and the TradeFinex.org platform.
A public token sale of the XDCE token ran from February 5 to March 15, 2018, raising $15,000,000 with 100,000,000,000 XDCE tokens offered, swappable 1:1 for standard XDC. The project's mainnet went live in June 2019, roughly two years after the 2017 founding, notable as one of the first smart-contract-capable blockchains launched at that time.
XDC runs on XDC Network, its own EVM-compatible Layer-1 blockchain rather than a token hosted on another chain.
The network is secured by a masternode-based proof-of-stake consensus, with up to 108 active masternodes selected by stake and recalculated roughly every epoch of about 900 blocks (around 30 minutes).
XDC Network originated as XinFin, founded in 2017 by Atul Khekade, Ritesh Kakkad, and Karan Bhardwaj, all with software development and digital-venture backgrounds.
Bhardwaj left the project in 2018 to found his own startup, Elatior Tech, while Khekade and Kakkad have remained associated with the ecosystem.
XDC Foundation, a community-driven nonprofit-style entity based in George Town, Cayman Islands, maintains and develops the XDC Network ecosystem today.
It was established in mid-2021 through a grant from XinFin, the original enterprise-blockchain company behind the project, to fund and coordinate ecosystem growth, developer support, and adoption efforts independently of that original corporate entity. As of April 30, 2026, XDC Foundation reportedly employed approximately 23 people.
XDC Network is governed on-chain through its masternode validator set, with each masternode operator staking 10 million XDC to participate.
The XDC 2.0 upgrade established a three-chamber DAO structure in which validators vote on protocol upgrades and XDC Improvement Proposals (XIPs). Notable institutional validators include CertiK, which integrates its SkyNode security monitoring, and Clear Street, which joined as an institutional-grade masternode validator on August 13, 2026.
XDC Network's upcoming XDC 3.0 upgrade introduces a three-tier node architecture: Core Validator (Masternode), Protector Node, and Observer Node. It is currently live on the Apothem testnet, with mainnet rollout scheduled for October.
CertiK audited the XDC 2.0 protocol upgrade, awarding the network an "AA" security rating and placing it in the top 10% of projects it rates.
CertiK subsequently became an active masternode validator, adding continuous vulnerability scanning, automated threat mitigation, and node-level penetration testing through its SkyNode product. Holder concentration presents a structural risk factor: the largest address holds about 14.05% of circulating supply, and the top 10 addresses together hold roughly 29.13% across an estimated 2.4 million total holders.