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Orchid Protocol Overview
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About Orchid Protocol
OXT has a twofold use within the Orchid network. It is primarily used to compensate the network's bandwidth providers. Users pay these providers in OXT tokens for the bandwidth they consume while browsing privately through Orchid's VPN (Virtual Private Network). Secondly, bandwidth providers must stake OXT to be selected by users within the network, creating a sort of "probabilistic micropayments" system.
In essence, OXT fuels a decentralized marketplace for bandwidth where users can purchase VPN services from a network of providers using the Orchid app, thus ensuring internet privacy and circumventing internet censorship.
Orchid Protocol Markets
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Orchid Protocol Market Data
The live Orchid Protocol price today is $0.02 USD with a 24-hour trading volume of $1,565,084.37 USD. We update our OXT to USD price in real-time. Orchid Protocol is down 6.74% in the last 24 hours.
The current market cap is $17,719,378.77 USD, ranking #557 by market capitalization. The circulating supply is 997,214,634 OXT.