What Onix powers

Onix (ONX) is a gaming / NFT-ecosystem token, currently ranked 524th by market capitalization among the assets we track. Onix is a gaming- or NFT-ecosystem token: it is meant to be the currency or governance asset inside a game economy or digital-collectible platform. Its value is supposed to track how many people actually play and trade.

Onix (ONX) is a decentralized financial platform that focuses on providing a secure and private trading environment for users. It aims to enhance financial inclusion by leveraging blockchain technology for improved transparency and efficiency.

How game-economy tokens hold value

Onix has to balance rewarding players with not flooding the market. Sustainable in-game sinks for the token matter as much as sources, or emissions simply outrun demand.

Under the hood, ONX secures its ledger with Proof of Work, built on the X11 algorithm.

Background & fundamentals

Governance is structured as Decentralized, so no single company controls issuance or protocol changes. Its codebase is open-source, meaning the implementation can be audited rather than taken on trust. The project publishes a whitepaper documenting its original design, which is worth reading before sizing any position in ONX.

In sector terms it is most often filed under Cryptocurrency, Casino & Gambling, and Gaming.

Where Onix sits in the market

At $0.00001751, Onix carries a market capitalization of $1.87K. Around $0.03 changes hands across exchanges in a typical 24-hour window. That is a turnover of about 0.00% of the float — on the quieter side, which can mean thinner liquidity for large orders.

Onix carries no fixed maximum supply; issuance follows a programmatic schedule rather than a hard cap. ONX remains -100% beneath its all-time high of $0.0323, the kind of gap that historically takes a full cycle or a fresh catalyst to close.

What the price history shows

Across timeframes, ONX shows 24-hour -88.85%.

Volatility profile

Recent action puts Onix in the Extreme-volatility band — it is in a high-volatility regime — these are the conditions where outsized gains and losses both become more likely.

How to evaluate a gaming token like Onix

For an asset of this type, three lenses matter most:

  • Player activity — real, retained users inside the game or platform behind ONX.
  • Token sinks — whether the economy has durable demand for ONX beyond reward emissions.
  • Studio execution — the team's ability to ship and sustain a product people actually want to use.

This page pulls live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model into one view so you can work through those questions in a single place. None of it is investment advice — it is a structured starting point for your own research.