XL1 $XL1 will be listed on the KuCoin Exchange Pair with XL1/USDT on September 16th, 2025 at 13:00 UTC
Published By: divya choudhary
Published at: 2025-09-15
About XL1 Listing
XL1 is the utility token of XYO Layer One, the first scalable data Blockchain Technology that brings verifiable information on-chain. XL1 pays gas and transaction fees (with a portion burned by activity), powers smart contracts, dApps, and validator rewards, enables bridging/wrapping to other chains, and incentivizes participation via staking and step-based rewards. The ecosystem is dual-token: XL1 runs the chain; XYO powers the contributor network—rewards, staking, governance, and security. XYO’s DePIN, a trustless oracle of 10M+ nodes, plus Proof of Location and Proof of Origin, delivers trusted data for AI, RWA, geospatial intelligence, and location-based gaming.
XL1 Details
What is XL1?
Key things about XL1:
Gas Token – XL1 is used to pay fees on XYO Layer One. This includes transactions, smart contracts, and other actions.
Dual Token Model – XYO has two tokens. The XYO token is for staking, governance, and security. XL1 is for utility, fees, and fast transactions.
Timeline – XL1 was announced in early 2025. The main network (mainnet) is planned for Q3 2025, but a test network (testnet) is already live.
How XL1 Helps the Crypto Space
The XL1 Listing gives many benefits:
Lower Fees and Faster Speed – XL1 is made to be the gas token. This means sending data or making smart contracts costs less and happens faster.
Works with Real-World Data – XYO brings real-world data into blockchain (like maps, location, and device info). With Layer One plus XL1, the network can handle much more of this data.
Better Token System – Having two tokens (XYO + XL1) splits the work. XYO focuses on governance, and XL1 focuses on use. This can help reduce inflation and make the system stable.
Bigger Audience – When XL1 lists on Crypto Exchanges like KuCoin, more people can buy, sell, and trade it. This brings more attention, more users, and more liquidity.
XL1 Features
Some of the main features of XL1:
Gas & Fees – Every action on XYO Layer One uses XL1. Part of these fees are burned (removed forever), which can lower supply over time.
Rewards & Staking – If you hold XYO and stake it, you can earn XL1. This spreads the token to people who support the network.
Supports Big Data – XL1 can help apps deal with real-world data, like Proof of Location and Proof of Origin. New features like “step hashing” and “bound witness trees” improve data handling.
Dual Token Power – XYO and XL1 work together. XYO covers security and voting. XL1 covers utility and fees. This makes the system clear, balanced, and strong.
XL1 Roadmap
Testnet and Docs – Already live. Developers have tools, explorers, SDKs, and APIs to build apps.
Mainnet Launch – Planned for Q3 2025. This is when XL1 becomes fully active. Staking XYO to earn XL1 will also start.
Token Generation Event (TGE) – XL1 will have its first supply release. After the early phase, new tokens will be added slowly (about 0.7% a year).
Wallets and Bridges – XL1 wallets will be supported. Bridges and wrapping for other chains are planned. This lets users move tokens between networks.
Burn and Incentives – Some fees will be burned. Bad or inactive validators can be slashed. Good participants earn rewards.
Conclusion
XL1 is a new utility token from XYO, used on their own blockchain. Dual-token system splits governance (XYO) and utility (XL1). Lower costs, faster speed, better scaling for real-world data apps. Listing on KuCoin brings XL1 to more users and more liquidity. This makes XL1 a major step for XYO and for the crypto space in 2025.