STRAX is the native token used by Stratis during the STRAX blockchain phase, for platform services and network activity in that phase; it is not company equity and does not represent ownership of company revenue. When understanding STRAX, it is also important to note the asset's historical phase, because Stratis later separately announced a swap arrangement for STRAT II.

Stratis Price in USD Today, Live Market & Historical Trend Chart

Q: What is STRAX used for?

During the STRAX chain phase, STRAX could be used to purchase or operate certain Stratis services and to obtain sidechain tokens for executing smart contracts. Smart contracts are applications that execute conditions on-chain according to predefined programs; therefore, whether the token can be used for a particular operation depends on whether that service or sidechain accepts STRAX, rather than on merely holding the token.

Q: How is STRAX related to masternodes?

The early STRAX design allowed users to operate masternodes with STRAX as collateral. Masternodes are a class of nodes that provide services to the network and participate in block production: operators first had to meet the collateral requirement, then continuously maintain the hardware and node service. These conditions form part of the participation mechanism and do not constitute a fixed-return or risk-free promise. This description applies to the early STRAX chain phase and should not be directly applied to later assets or clients.

Q: How was STRAX issued at that time?

The supply design during the STRAX chain phase was based on the original STRAT supply, with an additional 25 million STRAX reserved for the foundation for planned use over five years. This reserve was an allocation for the foundation to use according to plan, rather than rewards automatically created by the network in each block; it describes the allocation and use arrangements in the token design at that time.

Q: What is the relationship between STRAX and STRAT II?

Terms announced by Stratis in 2024 arranged for STRAX to be swapped for STRAT II at 1 STRAX to 10 STRAT II, with the swap period listed in the terms ending on December 29, 2024. This ratio describes the quantity relationship between the old and new assets in the specified swap arrangement; it does not mean they can be automatically exchanged across all wallets, networks, or services. Before handling historical assets, confirm the asset version and type currently supported by the wallet, network, and service provider.

Q: How is StratisEVM related to network validation?

The open-source StratisEVM project provides code and documentation for running Stratis nodes and optional validator clients. Validators are nodes that participate in proof-of-stake network consensus; operators need to deploy, maintain, and meet the applicable participation conditions under that network's rules. This belongs to a different phase or implementation context from the early STRAX masternode description, so identical collateral, reward, or risk conditions should not be inferred.

Rank 676

$0.010081

-$0.000402(-3.84%)

Market Cap

$22.42M

24h High

$0.010498

24h Low

$0.009933

24h Turnover

$3.93K

Total Supply

2.15B

Market Sentiment

Neutral

Price of Stratis (STRAX) Today in USD

View Stratis (STRAX) Price Prediction

The live price of Stratis (STRAX) today is $0.010081, with a 24h change of -3.84%. Over the same period, the low was $0.009933, the high was $0.010498, and the 24h trading volume was $3.93K. The current market cap is approximately $22.42M. It ranks #676 by market cap and accounts for 0.00% of the total crypto market cap. The all-time high was $22.770000 (⁦2018-01-07⁩); the current price is -99.96% from the all-time high.

Stratis (STRAX) Price History

7 Days
-3.89%
Low
$0.009933
High
$0.010682
30 Days
-6.74%
Low
$0.009735
High
$0.013200
90 Days
+15.92%
Low
$0.008130
High
$0.013227
1 Year
-62.00%
Low
$0.007918
High
$0.035970

Fear & Greed Index

0 Extreme Fear100 Extreme Greed

Yesterday: 50; Normal
Last Week: 30; Fear
Last Month: 71; Greed

The Fear & Greed Index is currently 28/100, in the Fear zone; change from yesterday: -22, from last week: -2, and from last month: -43. Lower values indicate more fearful sentiment, while higher values indicate more greedy sentiment. This does not represent price change.

Why Did Stratis (STRAX) Fall in the Last 24 Hours?

From 2026-11-04 to 2026-11-05, STRAX’s order book was generally thin. The top-five-level bid-to-ask depth ratio was 1.37, showing no pronounced dominance by either side; a moderately sized order could visibly affect price, while low trading volume made movements more susceptible to market microstructure. Technical signals were mixed: the daily moving average was bearish with an ADX of 52.77, while the one-hour moving average was bullish but its ADX was 36.09. RSI was neutral across timeframes and MACD showed no crossover, leaving momentum without consistent confirmation. The order book and indicators therefore point to uneven directional signals in low liquidity, not a confirmed event-driven move.

About Stratis (STRAX)

Strax is the new currency after strat is replaced by 1:1. Stratis is a new platform for providing blockchain as a service (baas) solutions. Stratis allows anyone to create and manage blockchains in a few minutes, and customize users' own side chains. Small companies can experiment with blockchains, not just large companies such as JPMorgan Chase and Deutsche Bank.

Use Cases and Features

STRAX is the native token used by Stratis during the STRAX chain phase. It could be used to pay for platform services, as collateral for operating a masternode, and to obtain sidechain tokens for executing smart contracts. Stratis’s open-source StratisEVM project also provides implementations related to node and validator clients; participating in validation requires operating the relevant infrastructure independently and assuming network and asset risks.

Supply and Issuance Mechanism

The design for the STRAX chain phase was based on the original STRAT supply, with an additional 25 million STRAX created for the foundation; these tokens were planned to be used gradually over five years to support platform development. Stratis subsequently introduced an arrangement to swap STRAX for STRAT II. Its official terms stated a rate of 1 STRAX for 10 STRAT II, with the listed swap period ending on December 29, 2024.

TRY

BTC

Margin

Smart Contract Platform

USDT

Website

Explorers

How to Buy and Use Stratis (STRAX)

How to Buy

Buy in just four steps (Log in -> Verify -> Purchase -> Receive crypto)

Verify

Trade

Receive Assets

Related Markets

Spot

STRAX/USDT

Trade

Margin3X

STRAX/USDT

Trade

Simple Earn

Est.30-Day APR

0.1%

Stratis (STRAX) Basics & Market Insights

Fundamentals

What is Stratis? All You Need to Know About STRAXIntermediate

Gate Research: Over 5 Million BTC in Losses; Review of Top Tokens Gaining Momentum Amid the Market DownturnAdvanced

Technical Tutorial: Gate.io's zkSNARK-Based Proof of ReservesAdvanced

Frequently Asked Questions About Stratis (STRAX)

What is STRAX?

What is STRAX used for?

How is STRAX related to masternodes?

How was STRAX issued at that time?

What is the relationship between STRAX and STRAT II?

How is StratisEVM related to network validation?

Risk Disclosure

Cryptocurrencies are high-risk assets and are subject to significant price volatility. The value of digital assets may fluctuate sharply within a short period of time, and you may lose part or all of your investment principal. Past performance does not guarantee future results. Before engaging in any transaction, you should carefully assess your financial situation, investment experience, investment objectives, and risk tolerance, and ensure that you fully understand the characteristics and risks associated with cryptocurrencies. If necessary, you are advised to consult an independent professional advisor with the appropriate qualifications.

Disclaimer

The information provided on this page is for general reference only and does not constitute any form of investment, financial, legal, tax, or trading advice, nor does it constitute any offer, solicitation, or recommendation. Gate makes no representations or warranties regarding the accuracy, completeness, or timeliness of the relevant information and assumes no liability for any losses arising from users' own decisions based on such information. Gate products and services may be restricted in certain jurisdictions or for certain users. Before using the relevant services, please ensure compliance with applicable laws and regulations, and refer to the User Agreement for provisions regarding restricted regions and service limitations.