Codatta (XNY): Uses, Supply and Risks

Codatta (XNY) is a cryptocurrency associated with a project described as decentralized data infrastructure for AI. Public project descriptions focus on making data labeling, validation and licensing traceable on-chain, with the aim of connecting data contributors and organizations that use data to develop AI systems. Those descriptions also refer to data creators earning royalties, but the information here does not establish how widely that model is in use or how payments work in practice. XNY is presented as the project’s token, rather than a general-purpose cryptocurrency or a token used to secure a blockchain through mining. The project is categorized in the AI and big-data areas. Its token’s connection to a data protocol does not by itself guarantee demand: adoption depends on the development and use of the project’s services.

Project descriptions identify XNY as a token for Codatta’s data economy. They describe contributor and validator rewards, as well as governance and voting related to data licensing, as possible roles for the token. These uses could connect XNY to participation in data preparation and decisions about how data is licensed. However, public sources do not specify the precise voting rules, reward rates, eligibility requirements or whether every described feature is currently active. Treat these roles as the project’s stated design, not as guaranteed benefits or a promise of income. A token’s practical utility depends on whether people use the associated services and whether those services require XNY. Before interacting with a token-based feature, check the project’s current documentation and confirm any terms, fees and contract details through official channels.

XNY has a maximum and total supply of 10 billion tokens. As of 2026-11-05, about 3.64 billion were circulating, with the rest not counted as circulating; this figure alone does not show when or under what conditions additional tokens may enter circulation. The token’s market capitalization was about $20.3 million and its fully diluted valuation was about $55.7 million on that date. XNY was trading at about $0.00557, with roughly $251,894 in 24-hour trading volume. These are time-sensitive figures, not fixed characteristics of the project. The token had recorded an all-time high of about $0.02844 on 2025-08-15 and an all-time low of about $0.00219 on 2025-10-10, based on the figures available here. Past prices do not indicate what XNY will be worth in the future.

Public sources list XNY as issued on BNB Chain; it does not identify a separate native blockchain for the token. To hold XNY, use a wallet that supports the correct BNB Chain token standard and network. Confirm the token’s contract address from Codatta’s official channels before sending funds or adding the asset to a wallet, and check that the wallet is connected to the intended network. A wrong address or network can result in an unrecoverable transfer. XNY carries typical crypto risks, including sharp price swings, changing liquidity, smart-contract or wallet-security failures, and uncertainty about the project’s adoption and token distribution. The circulating supply may also change over time. Keep recovery phrases offline and private, and never share them with someone claiming they need them to help with a transaction. A wallet can secure access to tokens, but it cannot remove market or project risks.