What Stratis is
Stratis (STRAX) is a proof-of-stake Layer-1 blockchain, currently ranked 593rd by market capitalization among the assets we track. Stratis is its own settlement layer. Smart contracts run on top of it, fees are paid in STRAX, and the security model rests on validators bonding the token rather than burning energy to mine it.
Stratis (STRAX) is a blockchain platform that provides developers with the tools to create, test, and deploy decentralized applications using C#. It aims to simplify the adoption of blockchain technology for businesses by offering a range of customizable solutions.
How consensus and the token economy connect
Validators propose and attest to blocks; honest behavior earns rewards, dishonest behavior burns the stake. That feedback loop is what lets Stratis finalize transactions without miners.
Under the hood, STRAX secures its ledger with Proof of Stake, built on the PoS algorithm.
Background & fundamentals
Stratis first went live in 2016, giving it roughly 10 years of on-chain price history to draw on. Stratis operates under a semi-centralized structure, which concentrates protocol decisions in an identifiable issuer or foundation. Stratis lists a documented core team of 8, so the people behind the project are at least named on the record.
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 STRAX. CoinPaprika classifies the project's development status as "On-going development".
In sector terms it is most often filed under Platform, Smart Contracts, and Decentralized Applications.
Where Stratis sits in the market
Trading around $0.00957698, Stratis carries a market capitalization of $20.93M. Around $6.65M changes hands across exchanges in a typical 24-hour window. That is a turnover of about 31.76% of the float — unusually high, the kind of churn that accompanies major news or speculative spikes.
Stratis carries no fixed maximum supply; issuance follows a programmatic schedule rather than a hard cap. STRAX remains -100% beneath its all-time high of $22.66, the kind of gap that historically takes a full cycle or a fresh catalyst to close.
What the price history shows
Across timeframes, STRAX shows 24-hour -0.84%, 7-day -2.04%. Across roughly the last 365 days of daily candles, STRAX endured a peak-to-trough drawdown of about 81% before stabilizing.
Volatility profile
Recent action puts Stratis in the Low-volatility band — it has been relatively stable, with moves typical of large-cap, mature assets.
How to evaluate Stratis
A grounded read on STRAX comes down to three questions:
- Real usage — active addresses, fees paid, and total value locked — does on-chain demand justify the valuation?
- Staking economics — the share of STRAX staked, the yield, and unlock/queue dynamics that govern liquid supply.
- Ecosystem depth — how many applications and how much liquidity have chosen Stratis over competing Layer-1s.
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.
