Coin98 is a cross-chain liquidity protocol built around a complete set of products: Coin98 Wallet, Coin98 Exchange, and Coin98 Bridge. Its wallet is a non-custodial, multi-chain crypto wallet and access layer designed to serve as infrastructure for a multi-chain future.

The protocol acts as a single access point for users who want to tap into the Decentralized Finance (DeFi) ecosystem, including decentralized exchanges, lending platforms, on-chain governance through Snapshot, and blockchain-based games. Through its mobile app, users can also migrate assets across chains, with support for more than 20 networks such as Ethereum, Binance Smart Chain, Solana, Avalanche, and others.

The C98 token functions as the platform’s native utility token. Current and upcoming uses for C98 include:

Ecosystem development: Revenue from transaction fees generated by C98 will be directed to a treasury fund, with part of it reserved for future product work and broader ecosystem growth.Staking: The remaining portion of the treasury fund will be distributed to participants who stake their C98 tokens. The precise split is determined by protocol governance and may be updated.Governance: By staking C98, users receive X98 and obtain voting power to help guide governance and adjust product settings.Unique membership rights: Platform benefits are tiered based on a user’s X98 holdings. Potential perks include eligibility to join Coin98 launchpads and retroactive incentives tied to strategic partners.

Coin98 is made up of the following main components operating together:

Coin98 Wallet: This multi-chain wallet lets users keep, send, and handle crypto assets while connecting to dApps across different blockchains. It supports more than 20 networks, including Ethereum, Binance Smart Chain, Solana, Polygon, Avalanche, and Terra, available on both Mobile (iOS and android) and Chrome Extension.Coin98 Exchange: A multichain liquidity aggregator that allows users to swap, stake, lend, borrow, and earn crypto. It features smart order routing aimed at getting the best rates with low slippage.Space Gate: A cross-chain bridge for swapping and transferring assets between multiple networks.