XPR Network is a public blockchain and smart contract platform designed for consumer applications and peer-to-peer payments. It features a secure identity and financial settlements layer that helps users connect their real identity and fiat accounts, allowing them to pull funds, buy cryptocurrency, and use it seamlessly in various apps and environments. XPR Network aims to bridge the gap between traditional finance (TradFi) and DeFi, enabling blockchains to interact directly with bank accounts, vendors, merchants, and more. With a focus on speed and zero fees, XPR Network envisions a world where transactions are quick, reducing the risk of fraud, and where the type of currency used for purchases is not a concern.

Instant and Free Transactions

The XPR Network blockchain can currently handle 4,000 transactions per second (TPS), making it one of the faster-performing blockchains around. This capability allows various types of transactions on the XPR Network to occur simultaneously, from quick microtransactions to focused authorization requests. Best of all, transactions for end-users are always free, as XPR Network does not impose miner or gas fees; validators are rewarded in XPR for their services.

Universal Names

XPR Network simplifies everyday use by employing human-readable @names instead of confusing wallet addresses. An @name is a unique identifier that works across different payment providers, identity verifiers, and payment transmitters. This means you no longer need to enter your bank password or credit card number online; crypto and fiat wallets can now interact as one network through XPR Network's integration. Additionally, the new XPR Network blockchain allows websites and apps to send payment requests directly to XPR Network-compliant wallets, making transactions easier and reducing the risk of errors associated with complex wallet addresses.

XPR Network Ecosystem Overview

Here’s a look at some of the Dapps and apps we’ve built on the XPR Network blockchain.

WebAuth.com Wallet

WebAuth.com sets a new standard for device authentication, identity management, payment processing, and cryptocurrency transactions for Web 3.0, all built on the XPR Network blockchain. With WebAuth.com, you can approve transactions, make crypto payments, manage your decentralized identity, and handle access for all logins, all through your smartphone—similar to Google Authenticator but with enhanced security using PSR (XPR Network Signing Request) instead of easily phished OTPs. You can read more about it in our blog post here.

Metal X

Metal X is a decentralized exchange that allows users to place market and limit orders for XPR Network-based tokens, enabling advanced trading strategies. It uses order books to keep track of all open buy and sell orders for a specific asset, with the spread between prices defining the order book's depth and the market price. While trade orders are recorded on-chain, user funds remain safely off-chain in their wallets.

Metal X Lending

Metal X Lending introduces new opportunities for borrowing and lending across multiple blockchains that weren't previously accessible on Ethereum or other platforms. By leveraging smart contracts powered by the XPR Network, users can request and fulfill loans using cryptocurrency without needing a central mediator, regardless of the parent blockchain of the requested asset.

Swap

Swap is a decentralized AMM that enables users to quickly swap XPR Network-based tokens. Users can also convert supported tokens from different blockchains to XPR Network-based tokens and vice versa. For instance, you can swap XBTC for XUSDT or convert ETH to XETH before trading it for XPR. This functionality allows for smooth transactions across blockchains, thanks to the speed and flexibility of the XPR Network. The more liquidity available between the tokens being swapped, the lower the slippage will be. Additionally, Swap provides incentives for XPR holders and liquidity providers, as well as yield farming opportunities where users can earn interest (variable APY) for providing liquidity to various X-token pairings.

XPR Network NFT Market

Powered by the XPR Network blockchain, the XPR Network NFT Market allows you to buy and sell NFTs with fees as low as just a few cents—quite a difference from the $50 to $200 gas fees seen on other NFT marketplaces. Plus, because XPR Network is one of the fastest blockchains globally, the NFTs you purchase arrive in your account right away. With the XPR Network Market being open source, you can integrate it directly into your website at no cost. This means your visitors can buy your NFTs without being redirected elsewhere, increasing their chances of engaging with your creations. If you have merchandise to sell or want to offer exclusive images, videos, or audio files to your fans, consider selling them an NFT of your creations to help them feel more connected to you.