Chainbase

C Price

About Chainbase (C)

Chainbase is a decentralized Layer 1 infrastructure designed to unify fragmented blockchain data into a structured, AI-ready format.

• It features a dual-chain architecture that balances high throughput with enhanced security through a dual staking model.
• The network uses Manuscripts, which are programmable schemas that allow developers to standardize and process data across multiple blockchains.
• Chainbase integrates artificial intelligence through Theia, a crypto world model that provides transparent and verifiable onchain intelligence.

What Is Chainbase

Chainbase is an omnichain data network built to resolve the challenges of data fragmentation and interoperability in the blockchain industry. As the number of blockchains grows, data becomes increasingly siloed across different networks, making it difficult for developers to extract and utilize information efficiently. Chainbase addresses this by providing a unified "Hyperdata" layer that connects blockchains, AI agents, and decentralized applications.

The network operates as an open economy for data, where information is treated as a structured and verifiable asset. By establishing a standardized protocol for data access and transformation, Chainbase enables the creation of "DataFi" applications and supports the training of large-scale AI models with real-time onchain data. The native token, C, powers this ecosystem by incentivizing data providers, operators, and developers to contribute to the network's growth and security.

What Makes Chainbase Unique

Chainbase distinguishes itself through several technical and structural innovations:

• Dual-Chain Architecture: The network utilizes a novel dual-chain setup to optimize for both high-performance execution and robust security.
• Manuscripts: These are the core building blocks of the network, acting as "data Lego blocks" that establish schemas for converting raw data into usable datasets.
• AI-Ready Hyperdata: Unlike traditional indexing services, Chainbase focuses on providing structured data specifically optimized for artificial intelligence and machine learning applications.
• Theia Crypto World Model: Chainbase provides its own AI intelligence layer, Theia, which delivers transparent insights and data-driven intelligence directly to the Web3 ecosystem.

What Can You Use Chainbase For?

Chainbase provides utility for a wide range of participants in the decentralized data economy:

• Data Indexing and Transformation: Developers can use the platform to index, transform, and utilize large-scale onchain data across over 200 blockchains.
• AI Model Training: The structured nature of the Hyperdata Network makes it a primary source for training and powering AI agents and crypto-specific large language models.
• Staking and Security: Holders of the C token can participate in staking to secure the network and earn rewards.
• Onchain Intelligence: Organizations can leverage the platform's analytics tools to gain real-time insights into network activity and user behavior.

How Does Chainbase Work?

Chainbase functions through a multi-layered technical stack designed for scalability and verifiability. At the base is the dual-chain architecture, which separates the execution and consensus layers to achieve high throughput and low latency. This structure is secured through a Proof of Stake mechanism that incorporates dual staking, allowing participants to commit assets to enhance the network's cybersecurity.

The data processing layer is powered by Manuscripts and the Chainbase Virtual Machine (CVM). Manuscripts define how various data sources are converted into standardized datasets, ensuring composability across the network. The CVM provides a programmable interface that allows developers to create custom data processing logic in multiple languages. Users pay protocol service fees in the native token to access these data services, creating a sustainable economic loop for the hyperdata layer.

Team Info and Investors

Chainbase was developed by Chainbase Labs and has established significant industry presence through partnerships and funding. In July 2024, the project announced a $15 million Series A funding round led by Tencent Investment and Matrix Partners China, with participation from other venture capital firms. The project has also formed strategic collaborations with major technology providers, including Google Cloud and Google Gemini, to integrate blockchain datasets into global big data infrastructure.

Where can you buy Chainbase?

C tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Chainbase is Binance, where the most active trading pair C/USDT has a trading volume of $265,290.32 in the last 24 hours. Other popular options include LBank and Bitunix.

What is the daily trading volume of Chainbase (C)?

The trading volume of Chainbase (C) is $3,788,362.09 in the last 24 hours, representing a -16.90% decrease from one day ago and signalling a recent fall in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Chainbase (C)?

Chainbase (C) reached an all-time high of $0.5205 and an all-time low of $0.04605. It’s now trading -84.80% below that peak and 71.80% above its lowest price.

What is the market cap of Chainbase (C)?

Market capitalization of Chainbase (C) is $12,665,548 and is ranked #1007 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of C tokens (160 Million tokens are tradable on the market today).

What is the fully diluted valuation of Chainbase (C)?

The fully diluted valuation (FDV) of Chainbase (C) is $79,159,678. This is a statistical representation of the maximum market cap, assuming the maximum number of 1 Billion C tokens are in circulation today. Depending on how the emission schedule of C tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of Chainbase compare against its peers?

With a price decline of -13.00% in the last 7 days, Chainbase (C) is underperforming the global cryptocurrency market which is down -5.10%, while underperforming when compared to similar BNB Chain Ecosystem cryptocurrencies which are up 0.00%.