Xertra (STRAX): What It Is, Uses and Risks

Xertra (STRAX) is the token linked to Stratis, a blockchain development platform aimed at businesses and other organisations. The project says it helps companies build, test and deploy apps on a blockchain without having to run their own network infrastructure. Its main offer is a private chain that a business can customise, and the long-term aim is to act as a blockchain-as-a-service provider. The project describes its code as a clone of Bitcoin's core software with extra features, written in C# rather than C++. The network launched on 2016-08-09 and is listed by CoinGecko in the smart contract platform and proof-of-stake categories. Some search snippets describe the project as focused on Web3 gaming, which does not match the project's own description, so the platform description is the better guide here.

the public information available do not clearly set out what the token is for. One search snippet says STRAX is used for transaction fees, staking and interacting with the network. The project's own description focuses on the development platform and private chains rather than on the token's role. The token is not listed as the native token of any chain or as issued on another chain in the data used for this page. Readers who want to know how the token works in practice should check the project's current technical documentation and its network explorer, since the descriptions available here are brief and do not agree on every point. Staking offers, where they exist, come from third-party providers and carry their own terms and risks.

As of 2026-11-05, the data used here shows a price of about $0.0104, a market capitalisation of about $23.0 million and a 24-hour trading volume of about $837,743. The token ranked about 772nd by market capitalisation at that date. Circulating and total supply are both about 2.22 billion tokens, and no maximum supply is listed. Other search snippets show different supply and price figures, so these numbers vary by source and change constantly. Over the past year the price is down about 58 percent, and over seven days it is down about 2 percent. The all-time high was about $22.77 on 2018-01-07, and the all-time low was about $0.0079 on 2026-06-09. These figures describe past market data only and are not a forecast or guidance on whether to buy or sell.

STRAX sits in a crowded market for blockchain-as-a-service platforms, and the project's own description names Lisk as a direct competitor offering sidechains for businesses. The project notes that its privacy level may put off companies that want to keep their code proprietary. The team is based in the United Kingdom with members in several countries, and the project held an ICO in June 2016. The price history shows large falls from the 2018 peak. Before dealing with any token, check that you are using the correct contract address and network, since one search result notes that a token imported for the Stratis mainnet is only visible on that network. Keep private keys and seed phrases offline, use reputable wallets, and be cautious of impersonator accounts or unsolicited offers that claim to offer extra returns.