Stacks price

in USD
$0.58015
+$0.0054868 (+0.95%)
USD
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Market cap
$1.04B #51
Circulating supply
1.8B / 1.8B
All-time high
$3.849
24h volume
$20.91M
3.7 / 5

About Stacks

STX (Stacks) is a cryptocurrency designed to bring smart contracts and decentralized applications (dApps) to Bitcoin. Unlike many other blockchain projects, Stacks is built to work seamlessly with Bitcoin, leveraging its security and stability while adding programmability. This makes Bitcoin more useful by enabling features like DeFi (decentralized finance), NFTs, and other applications without compromising Bitcoin's core principles. STX is used to power transactions, execute smart contracts, and participate in the network's governance. With innovations like sBTC (a Bitcoin-backed asset), Stacks is unlocking new ways to use Bitcoin in the digital economy—whether it's earning yield, borrowing, or trading. Stacks is a bridge between Bitcoin's reliability and the flexibility of modern blockchain technology.
AI insights
Proof of Work
Storage
CertiK
Last audit: Jul 17, 2021, (UTC+8)

Stacks’s price performance

Past year
-71.78%
$2.06
3 months
-12.16%
$0.66
30 days
-10.79%
$0.65
7 days
-12.38%
$0.66
61%
Buying
Updated hourly.
More people are buying STX than selling on OKX

Stacks on socials

Jackbinswitch.btc 🦡
Jackbinswitch.btc 🦡
Giga bullish. Stacks has always led with product first. Now it’s time to tell people the why for Stacks
muneeb.btc
muneeb.btc
hiring: stacks CMO. send me your dream candidates.
muneeb.btc
muneeb.btc
hiring: stacks CMO. send me your dream candidates.
Louise | CEO @ Ryder - Taking crypto to mom & dad
Louise | CEO @ Ryder - Taking crypto to mom & dad
✉️A Letter to @Stacks and its community Hello friends, old and new 👋 Louise here, CEO and Co-Founder of Ryder and I’m very happy to say that I'm stepping up my involvement in the ecosystem not just as a community member, a founder building app, or an employee from one of the entities, but this time as one of the selected Stacks Treasury Committee members, a board-level body that will approve the strategy and budgets with a mission to make Stacks a top 10 project in the crypto space. If you know me or have been in the ecosystem way back in 2018, you know how passionate I am about $STX. It was my first love. Ever since I came across Muneeb's TED talk in 2017, something clicked. For the first time, I wanted to be part of a mission so badly it felt bigger than me. It was almost like stepping into the kind of cyberpunk movement I’ve only read about online. A community of sharp minds, all bound together by the same goal: to rewrite the rules of society. My journey started as a community member, just like you. I still remember sending my very first message on the Slack community feeling intimidated, second-guessing if I even asked the right question. After all, i was exposing my ideas infront of some really smart people. But I was hooked. I found myself lurking there most of the time, like a true internet anon. Over time, that lurking turned into a desire to be part of the team. I hustled my way in by hosting meetups wherever I went non paid, I designed posters, and was doing endless outreach to dev communities cause I believed in what they were doing, I wanted to show my passion and prove I belonged. Three months later, the team noticed. I got offered a contract with Hiro Systems (then Blockstack) as a community partner. From there, the journey kept building until I became Growth Lead at the Stacks Foundation. During this time, I wore every hat you can imagine. I treated STX like it was my own baby, I wanted it to grow, I wanted it to win. From onboarding developers, running Discord support, growing the X account, leading integrations, hosting meetups that started with 8 people and scaled to a 600-person summit with @svoight, to chasing every integration and partnership @mcuevasm or @br_ttany wanted to pursue, we were hustling 24/7. A lot of it wasn’t visible from the outside, but it was nonstop. Those four years were some of the most rewarding of my career. I grew exponentially, built my entire network, and wouldn’t trade the experience for anything. Stacks gave me everything I needed to get where I am today, and I’m grateful to the people who made work never feel like work at all. After this, I took a step back but kept watching from the sidelines. I knew that with everything I had learned at Stacks, it was time to bet on myself. I wanted to be a founder. I wanted to see what would happen if I built something of my own pick a problem worth solving, build a team around it, raise money for it, fail, succeed, and keep iterating. That’s when I co-founded Ryder with one of the smartest people I know, Marvin. If you didn’t know, Ryder started as a $5K grant from the Foundation and has grown into a venture-backed startup serving thousands of users globally. We took it from sketches to mass production, proving our ability to execute, generate revenue, and build early traction. Today, Ryder acts as a top-of-funnel for Stacks, onboarding users from ecosystems like Solana and Ethereum. We also absorbed and now operate Fast Pool the oldest and most reliable STX pool with 59M+ STX locked, 6,500+ stackers, and zero missed cycles. Together, Ryder and Fast Pool stand as two of the most successful grant-backed projects in the ecosystem, with Ryder likely the only survivor from its original grant cohort still alive today. Having gone on every journey you can think of in STX, I know I can bring a lot to the table. I know what you’re experiencing as a community member, I know the feeling of being frustrated, and how passionate you are to contribute to an ecosystem you resonate with. If you’re a founder, I know firsthand what kind of problems you’re experiencing, and probably that feeling that the people or entities working on Stacks could support you better. Or if you’re working at a Stacks entity, you probably find all these community members tiring and relentless. I know the feeling, I’ve been in the same shoes. With everything I’ve learned from building in Stacks to working across ecosystems like Solana and ETH L2s I know I can bring real value. I won’t take this role for granted and I’ll put the same passion into it that I’ve poured into Ryder and that I had when I first discovered Stacks. At the end of the day, I want us to win. Together, we have a chance to grow STX into something much bigger than any of us imagined, I can’t wait for it. Regards, Louise

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Stacks FAQ

Stacks operate as a layer that sits atop the Bitcoin network, facilitating the integration of smart contracts. While often associated with Layer 2 protocols due to its utilization of Bitcoin, Stacks stands as an autonomous network with the fundamental attributes of a Layer 1 blockchain.

Unlike rollups, which serve as scaling solutions, Stacks do not function as a layer network. However, with the forthcoming introduction of sBTC on Stacks, the platform can support rollup deployment on the Bitcoin network.. 

Easily buy STX tokens on the OKX cryptocurrency platform. Available trading pairs in the OKX spot trading terminal include STX/USDT, STX/USDC, and STX/BTC. You can also swap your existing cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and USD Coin (USDC), for STX with zero fees and no price slippage by using OKX Convert.

Currently, one Stacks is worth $0.58015. For answers and insight into Stacks's price action, you're in the right place. Explore the latest Stacks charts and trade responsibly with OKX.
Cryptocurrencies, such as Stacks, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Stacks have been created as well.
Check out our Stacks price prediction page to forecast future prices and determine your price targets.

Dive deeper into Stacks

When introduced in 2009, Bitcoin brought about remarkable autonomy using blockchain technology, signifying a significant leap forward. However, as blockchain technology has evolved, it has revealed certain constraints within Bitcoin's foundational structure. Compared to Ethereum platforms, Bitcoin falls short in terms of programmability and versatility necessary for extensive functionality. To fully unleash the latent capabilities of the Bitcoin network, Stacks (STX) has introduced smart contracts and decentralized applications (DApps) to this innovative blockchain. 

What is Stacks?

Stacks, formerly known as Blockstack, is an open-source blockchain platform designed to enhance the capabilities of the Bitcoin blockchain by introducing smart contracts and DApps. Through Stacks, Bitcoin users and developers can engage with smart contracts, enabling access to decentralized finance (DeFi) protocols and non-fungible tokens (NFTs) – aspects absent from Bitcoin's original design.

As Stacks operates as layer-2 blockchain, introducing smart contracts doesn't alter any of Bitcoin's inherent features, allowing it to preserve its characteristics like security and stability. Furthermore, since Stacks is built upon Bitcoin's base layer, every action within the Stacks ecosystem is backed by the security of Bitcoin.

The Stacks team

In 2013, Muneeb Ali and Ryan Shea, both Princeton University alumni, conceptualized the idea of Stacks. The co-founders committed themselves to the project's development, leading to the Mainnet's successful launch in January 2021. Since then, the team has expanded to encompass more developers, advisors, and contributors, enriching the project's growth and impact.

How does Stacks work? 

Ethereum employs Layer 2 protocols for its scaling solutions, while Stacks adopts a distinct consensus algorithm to establish a scaling layer that integrates smart contracts into the Bitcoin network. Stacks introduces Clarity, a novel smart contract code, to uphold Bitcoin's network security and stability. Clarity's design prioritizes secure and predictable execution, minimizing vulnerabilities and unforeseen issues. 

Stacks also introduced Proof of Transfer (PoX), a distinctive consensus mechanism where STX miners leverage their Bitcoin holdings to lead mining in the next block, earning new STX tokens. Each block mined on the Stacks blockchain stores users' identities and uses this information to interact with the Stacks ecosystem. Given the interconnectivity between Stacks and Bitcoin blockchains, any modifications made are interconnected.

STX: The utility token of Stacks Network 

STX is the native utility token of Stacks Network, enabling the integration of DeFi, NFTs, apps, and smart contracts onto the Bitcoin blockchain. For network security and DApp development, STX plays a crucial role in the Stacks blockchain.

Stacks tokenomics

With a hard cap of 1.818 billion coins, approximately 1.38 billion STX tokens are in circulation. Following a fixed annual supply similar to Bitcoin, STX is projected to reach its hard cap by 2050.

Stacks mining

Utilizing the PoX consensus mechanism, Stacks introduces an energy-efficient approach in contrast to Bitcoin's resource-heavy mining. STX miners on the Stacks network bolster its security by using Bitcoin to add new blocks, receiving STX block rewards as compensation.

STX use cases 

As the native utility token, STX is essential in ensuring the network's seamless operation. These roles encompass accessing, constructing, and engaging with DApps, contributing to network governance, covering transaction fees, and facilitating purchases.

STX distribution

In 2017, when Stacks was launched, the Genesis block had 1.32 billion STX distributed as follows:

  • 8.34 percent went to a long-term treasury.
  • 13.53 percent was given to the founders of the project.
  • 8.23 percent was allocated to equity investors.
  • 5.65 percent was kept for employee distribution.
  • 29.93 percent was distributed in the 2018 token sale.
  • 9.09 percent was distributed in the 2019 token sale.
  • 3.03 percent was set aside for the Reg A app mining program. This program rewards application developers and reviewers.
  • 22.20 percent was designated for a short-term treasury.

The future of Stacks 

The Stacks Network's future is poised for transformation with the forthcoming Nakamoto upgrade, representing a substantial leap in technological progress. This upgrade brings forth a spectrum of significant enhancements. Upon Nakamoto's implementation, Stacks will fortify its security by harnessing Bitcoin's hash power. This upgrade will also usher in noticeable speed improvements, empower atomic BTC swaps, and introduce a trust-minimized Bitcoin peg mechanism, among other noteworthy innovations.

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Market cap
$1.04B #51
Circulating supply
1.8B / 1.8B
All-time high
$3.849
24h volume
$20.91M
3.7 / 5
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