oenixCoPhoenixCoDeFi Hub24 live lending markets on BNB Smart Chain, staking pools that have been running for years, and a vault receipt that compounds without anything to claim. XPHX is what they all run on: supply it, lock it for a higher borrowing limit in every market at once, or hold it as sXPHX. Your tokens stay in the contract until you take them out, and every figure here is read live from chain.
Total value on PhoenixCo
reading from chain…
PhoenixCo TomanX is a privately issued instrument tracking the Iranian toman rather than the dollar. We publish that rate ourselves and nothing tradable moves it back. It supplies and borrows here like any other market.
4 tokens across the registry. Select one to see its role.
All of it non-custodial on BNB Smart Chain, and every figure on these pages read live from the contracts rather than from a database.
Put a token in a funded pool and earn another. Rewards are paid in before a pool opens.
6 pools and farms
See the pools →Supply an asset to earn interest, or borrow against it without selling what you hold.
24 markets live on BNB Chain
See the markets →Lock XPHX for a higher borrowing limit and more room before liquidation, in every market at once.
Six levels, Bronze to Gold
See the ladder →Estimates. They vary with price and TVL.
XPHX, end to end
Read it downward. Where the supply comes from, what you can do with it, and where the revenue goes. Solid means live on chain today. Dashed means announced and not yet running.
9,385,000
of 11,000,000 paid to stakers over six years. What is left is all the farms can ever emit, which is why a pool is funded before it opens.
3,414,022
of 7,975,000 sold privately has reached circulation. The rest enters under vesting.
33,000,000
across 9 tranches summing to 33,000,000. Nothing held back and nothing mintable beyond it.
18,794,022 issued so far, entering here
Stake XPHX, or stake a liquidity token that contains it. 6 pools holding an unread amount pay SZNX, XPHX, ASTER, PHSUN from the mining tranche above, funded before the pool opened rather than minted as it runs.
Supply XPHX and it earns interest paid by borrowers. Enable it as collateral and you can borrow against it without selling it.
Deposit XPHX into the vault and hold a receipt instead. The receipt buys more XPHX every day because the vault only ever gains.
Lock XPHX and the risk engine gives you a higher borrowing limit, in every market at once rather than one.
Two separate legs, not one flow. One percent of every taxed transfer is reflected to every holder in proportion to what they hold. A second one percent is routed to the sXPHX vault, which is why the vault rate rises without anybody claiming anything.
Fees, every product
RevenueRouter
Buys XPHX
XLEND stakers
sXPHX vault
Three of the four claims in this row are checkable and one is not. The router returns the XPHX token, the PancakeSwap V2 router and the XLEND staking contract, and the ClaimFeeSplitter points back at it. The vault leg appears nowhere in either contract, so it stays dashed and this page may not assert it.
Fixed 33M cap. Circulating supply measured since genesis, 2020-09-29.
All-time high of $0.0786, reached intraday on 13 October 2021. This series plots six-day closing prices, and the close that day was $0.0689, so the peak of the line is not the peak of the price. Against the 3,744,020 XPHX circulating at the time it is a peak market cap of about $294,000. The recorded closes are left exactly as recorded rather than adjusted upward to meet it.
Two independent scales. Left and right axes are colour-matched to their lines. Each is scaled to its own range so both fill the plot, which means where the lines cross carries no meaning. Read each against its own axis.
Measured figures from the PhoenixCo ledger export, 2020-09-29 to 2026-09-12, then live. The history is extended with a recorded reading on a 6-day cadence.
Reading pool balances, the custodial staking wallet, exchange collateral, staked balances, circulating supply…
Every tranche of the fixed supply, and how much of each has left our hands.
The emission programme. 9,385,000 granted across three channels as at the recorded reading; the issued figure on this card runs ahead of that as farmers claim from the third-party reward contracts, which is supply already granted arriving in circulation rather than a new grant.
Stated at 24.17% of the cap after the liquidity-provisioning carve-out. 3,414,022 issued, all of it historical sales to investors. The XPHX that was issued to seed liquidity is now its own tranche rather than being counted here. 4,560,978 remains unissued and project-controlled.
Held by PhoenixCo. Excluded from circulating supply.
5% allocated, 3.5% of the cap still unissued.
Untouched. Held against future needs.
Fully allocated to early investors.
3% allocated, 1.5% of the cap still to distribute.
Paid to holders in the Bitcoin Cash era. Fully distributed.
Carved out of private sale & partnerships, not added on top. Both its allocation and its issuance were subtracted from that tranche, so the cap and the issued total are unchanged by its existence. 3,190,000 issued to seed markets; 1,100,000 remains unissued.
Most of this tranche is unissued and project-controlled. Allocations from it are negotiated directly rather than sold through the open market, so if you are looking at size that would move the pools, talk to us first.
Enquiries are answered by the PhoenixCo team directly. No minimum is published; terms depend on size and lock-up.
11M XPHX, 33.33% of the 33M cap is set aside to pay staking rewards, and nothing outside that allocation is ever used for them.
Distribution began in 2021 on a schedule that tapers as the allocation depletes, from 2.2M in 2021-22 down to 770K in 2028-29.
Some historical rewards vest over time rather than landing in full when earned, which is why released trails granted.
A pool's rewards are funded up front from this allocation when it is created. which is why every pool card shows a remaining budget that can't be topped up silently.
XPHX staking rewards come from the 11M emission programme allocated at genesis. Rewards paid in SZNX, PHSUN and partner tokens are funded directly by the PhoenixCo treasury: we fund these pools with our own capital, not from user deposits.
The 11M mining allocation only, not total circulating supply. Eight program years, October to September, summing to exactly 11,000,000.
Three products have granted XPHX. Each band spans the period that channel was granting; the figure is its cumulative total. No per-year split exists for any of them, so none is drawn.
The original on-site staking product. Stated from its own books. The ledger is not public, which is why the programme moved on chain. A DATABASE SNAPSHOT taken on the asOf date, not a live read: pools 11 and 12 are still running, so granted and released both move after the snapshot is taken.
XPHX reward pools run on partner DEXes from late 2023. DERIVED, NOT MEASURED: this is the residual, being the mining allocation less what has not been granted, less the two channels that are counted from their own books. It carries the error of every other figure in the block, so a correction to the CeFi ledger moves this number even though nothing about BabyDogeSwap or DODO changed. It was labelled `measured` and called "the largest single channel", which claimed an independent count that was never taken. Venues: BabyDogeSwap, SafeSwap, DODO, MelegaSwap.
This platform. 100,000 XPHX committed across P2 and P3, funded into the pool contracts up front, so it is an obligation already made rather than an amount paid out so far.
How the mix shifted. The old website product granted alone for two years. Partner DEX farms opened in late 2023 and have since granted 5,539,334. That is more than the website ever did, and the largest single channel. This platform is the third and newest. 1,615,000 of the 11,000,000 allocation remains to issue.
3,745,666 has actually been earned by stakers, which is neither the granted total nor a release total. It is the CeFi channel alone: the DeFi Hub's 100,000 is funded into the pool contracts rather than earned by anyone, and the third-party figure is derived, so no amount can be said to have been received. Released against that is 2,176,975, a snapshot of the CeFi ledger on 2026-08-09, not a live read, with two pools still running.
Granted is 12.3% above the year-five plan, but the two are not like for like. The plan plotted 8.36M RELEASED by the end of programme year five; 9.39M has been GRANTED, which is 1,025,000 more. Granted is what the programme has committed, released is what has reached a wallet, and released trails granted because of vesting. Rewards are paid per block. BNB Chain's block time decreased over the period, so the same per-block rate delivered more tokens per calendar day than the schedule assumed.
Which means the remaining inflation from this allocation is 1,615,000 XPHX, which is 14.7% of the programme, and 4.9% of the 33M cap. The programme is near completion rather than beginning.
PhoenixCo started as a trading-signals service in April 2020 and issued XPHX that September as an SLP token on Bitcoin Cash, first traded on memo.cash. The route from there to six funded pools on BNB Smart Chain runs through a move to BNB Chain, deployments on TRON and Polygon, exchange listings and a delisting, and a second token that did not take. All of it is dated.
For other projects
We are a small-cap project with a real community, and we built this because we needed it ourselves. If you are in the same position, with holders who want to do something with the token, and no infrastructure team to build it, the same contracts are open to you.
Your holders borrow stables against it without selling, and supply it to earn. You pick the risk parameters with us; the contracts enforce them.
Collateral factor, liquidation threshold and caps, set per market
Stake one token, earn another. Rewards are paid into the pool before it opens, so the rate is funded rather than promised.
6 pools and farms have run on this contract
XLEND emission is split across markets by allocation points. A partner market can carry weight, so early suppliers earn the protocol token as well as interest.
Set on chain, readable by anyone, changeable by governance
Our pools run Synthetix StakingRewards and our lending markets run Compound V2, the two most reviewed bases in DeFi. Neither is ours.
The staking fork carries 18 changed lines, every one forced by the Solidity 0.5→0.8 migration, with the reward math pinned byte-for-byte and enforced by a test. The lending fork adds a tier-based risk engine, two oracles and five contracts of our own, and the transparency page says which key can do what.
The staking pools, the lending markets and the tier locker are verified on BscScan, source published and matched to the deployed bytecode. The sXPHX vault is not yet; its verification is in hand and this sentence changes when it lands.
The provenance record, with the full diff and static-analysis results, is prepared and ships when the repository opens.
We have not yet commissioned a separate third-party audit of our own deployment. That is funded from platform revenue as we grow, and we’ll say so plainly until it’s done.
XPHX staking rewards come from the 11M emission programme allocated at genesis. Rewards paid in SZNX, PHSUN and partner tokens are funded directly by the PhoenixCo treasury: we fund these pools with our own capital, not from user deposits.
Where PhoenixCo tokens trade, which chains they run on, and who indexes them. Each one verifiable from the contract addresses on this site.
Listed because PhoenixCo tokens verifiably trade, deploy or index there. Inclusion describes that relationship and nothing more. It is not a claim of sponsorship, endorsement or a commercial agreement by either party.
Rates, reward budgets and countdowns are all readable without connecting a wallet.
SZNX
