Plasma (XPL) Exchange
Looking to exchange XPL? Swapzone compares live offers from partner exchanges by rate, speed and KYC label. No account, no custody, 0% platform fee. XPL is the native token of Plasma, a Layer 1 blockchain built for stablecoin payments.
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Plasma Market Data & Key Metrics
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What is XPL?
About Plasma
XPL is the native token of Plasma, a Layer 1 blockchain purpose-built for stablecoin payments. Plasma launched its mainnet beta on September 25, 2025. The chain is backed by Tether, Founders Fund, Framework Ventures, and Bitfinex, and was designed around a single thesis: if stablecoins are going to function as everyday money, the blockchain should treat them as first-class citizens rather than as tokens riding on general-purpose infrastructure. Plasma offers zero-fee USDT transfers through a protocol-level paymaster, lets users pay fees for other operations in USDT or XPL instead of a separate gas token, and anchors its security to Bitcoin. The chain runs PlasmaBFT, a custom Byzantine Fault Tolerant consensus mechanism, with full EVM compatibility for Solidity smart contracts. This Plasma is unrelated to the 2017 “Plasma” scaling framework proposed by Vitalik Buterin and Joseph Poon; the two share a name but are separate projects.
XPL tokenomics
XPL has an initial supply of 10 billion tokens, with validator reward minting creating ongoing inflation that transaction fee burning offsets in part. About 4.76 billion XPL were in circulation as of November 2026, according to CoinGecko, with the remainder subject to structured vesting.
Initial supply — 10,000,000,000 XPL; validator rewards mint new XPL, and fee burns offset part of the issuance
Circulating supply — approximately 4.76 billion XPL as of November 2026, according to CoinGecko
Allocation — ecosystem and growth 40%, investors (including Founders Fund, Framework, and Bitfinex) 25%, team 25%, public sale 10%
Vesting — one-third of team tokens had a one-year cliff from the mainnet beta launch on September 25, 2025, and US public-sale buyers had a 12-month lockup
Fee model — users can pay gas in USDT or XPL; USDT transfers are zero-fee through the protocol paymaster; non-zero fees are burned
DeFi integration — Aave deployed on Plasma in November 2025
Market data — market capitalization of about $300 million and a price of about $0.063 as of November 2026, according to CoinGecko
What determines XPL's value
XPL's value is tied to Plasma's capture of stablecoin payment volume. Stablecoins today run mostly on chains designed for general-purpose computation, such as Ethereum, TRON, and various Layer 2 networks. Plasma's thesis is that a purpose-built stablecoin chain, with zero-fee USDT, stablecoin gas payment, and Bitcoin-anchored security, can win volume from those alternatives by removing the friction of holding a separate gas token and paying variable fees for simple dollar transfers.
Tether's backing is a structural advantage that few other stablecoin-focused chains have, because the issuer of USDT is invested in the chain's success. Whether early liquidity converts into sustained daily payment volume, rather than parked deposits, determines the long-term fee burn rate and XPL demand. Scheduled unlocks after the one-year cliffs that ended in 2026 are the main supply events to watch.
How to Exchange Plasma on Swapzone
How to Choose a Plasma Exchange
Plasma (XPL) Price Analysis
Frequently Asked Questions About Plasma (XPL)
Plasma is a Layer 1 blockchain purpose-built for stablecoin payments. It launched its mainnet beta on September 25, 2025, and is EVM-compatible.
Tether, Founders Fund, Framework Ventures, and Bitfinex.
USDT transfers are zero-fee through a protocol-level paymaster. Other operations can be paid in USDT or XPL, so users do not need a separate gas token. Non-zero fees are burned.
Plasma runs PlasmaBFT, a custom Byzantine Fault Tolerant consensus mechanism, and anchors its security to Bitcoin.
No. The 2017 Plasma scaling framework from Vitalik Buterin and Joseph Poon is an unrelated project that shares only the name.
The initial supply is 10 billion XPL, and validator rewards mint new tokens. About 4.76 billion XPL were in circulation as of November 2026, according to CoinGecko.
Ecosystem and growth 40%, investors 25%, team 25%, and public sale 10%.
One-third of team tokens had a one-year cliff from the September 25, 2025 mainnet beta launch, and US public-sale buyers had a 12-month lockup. Further vesting releases continue on a schedule.
This page lists native XPL on the Plasma network. The BEP-20 version of XPL on BNB Smart Chain has its own page at swapzone.io/exchange/plasma. Confirm the network the partner accepts before sending.
Open swapzone.io/exchange/xpl, enter the amount, and compare offers from partner exchanges by rate, time, and KYC label. Paste your Plasma network address, send XPL to the deposit address, and track the order.
Demand depends on stablecoin payment volume actually moving to Plasma, and scheduled unlocks add supply. The chain is new and competes with established networks.
Why Exchange Plasma with Swapzone?
24/7 live chat support at every stage of your XPL swap.
Non-custodial aggregator: you send XPL to the partner's deposit address and receive funds in your own wallet, never through Swapzone.
Live None offers from exchange partners side by side.
Swap XPL with 1,600+ cryptocurrencies.
Reviews from TrustPilot
Best customer support and very fast exchanges
Well i accidentally made a wrong transaction and i hit CS for a review and they replied in less than 3min and i had no account on their site or anything but they looked at my details and refunded me... great CS i loved the exchange too with all the best rates you can find easily...
zenny review
absolutely goated it took me only 3 minutes to exchange like this is better than exodus exchanging
Excellent service
I had initial trouble with the platform because I had never used it before, but Russel the customer service rep went above and beyond to help me get my transaction done. Wonderful platform, great customer service. 10/10
Great site
Great site. Very quick transfers
Fast and a good price too.
Fast and a good price too.
nice & swift
nice & swift
The site experience was great. But choose your exchange platform wisely.
The site experience was great, as on previous occasions. I made a mistake, however, by choosing a different exchange provider, EasyBit, and the result was much worse than I was given to expect. Changelly was the best before and I will choose that option in future.
Fast swap
Fast swap. No issues 5 star.
Superb USDT to BTC swap
Superb USDT to BTC swap, went through EasyBit. Best rate on market.
BEST REALLY FAST
BEST REALLY FAST
A very nice and useful crypto swap
A very nice and useful crypto swap site. It is very well done and stays helpful on how to proceed to swap cryptos around.
perfect
perfect, fast no issues 100%
Wayne helped me throughout the way
Wayne helped me throughout the way, even tho it was just a misunderstanding and it just took longer than usual. he didnt mind, thank you for this,.
i was accompanied by the team
i was accompanied by the team throughout the swapping process and i must say that they were very efficient. thanks
Comfort dex
Use DEX for swap from solana to bnb. Pretty fast, good rate. Thanks
Quick
Quick, secure and easy to use
They just work!
They just work, can't ask for more, plus have great support, which answers in 2-3min. Did mistake, got all fixed and my money back.
great customer service
great customer service made a mistake on my side but they managed to fix it and swap my crypto
I recommend using swapzone I exchange...
I recommend using swapzone I exchange my LTC to USDT it only took around 5 minutes to complete I was not expecting it to be that fast but I really recommend using it to swap your cryptocurrency!
Unstaking ONT without having ONG
My problem was to unstake ONT in my wallet which I administrate with the Exodus software without having ONG for gas fee. The swapping function in Exodus is no longer available and they will suspend the support of Ontology soon. By means of the fantastic swapzone-node I was able now to swap TRX into ONG and receive the ONG directly at my adress of ONT-asset. So I was able to start the unstaking procedure. And one more advantage: The swapping of TRX to ONG and sending it to the ONG-adress was quite simple for beginners like me: I'm used to krypto ledger, but this was my first experience with swapping-nodes.
Great service with great support!
not so long ago I was looking for a service that allows you to exchange cryptocurrency quickly and effortlessly. today, when I once again decided to exchange usdt to eth - I wrote the wrong wallet, namely the wallet from the last exchange (incorrectly indicated the amount), to which the usdt should have been sent. after contacting support, I was almost immediately refunded, which I am very happy about! I recommend using this service! 100/100
Very competitive pricing and fast support - great!
I used swapzone.io over 10 times recently and never had an issue. In fact, I had once a visual bug of the swap interface when the funds were sent but it was correct again the second I started a chat with support. In less than 2 minutes I had a very friendly employee talking to me. Very competitive pricing and fast support.
everything was fine
i successfully exchanged currencies. it took just a couple of minutes
everything is in one place
I'm new to cryptocurrency, and I'm always frightened by the choice of services. I really liked that everything is in one place here, and you can choose from familiar names and compare prices between them. The exchange took place fast and without any problems.
I tried swapping nearly $1000 worth of
I tried swapping nearly $1000 worth of bitcoin with the cake app four different times this evening and it wouldn’t work. Thankfully, their support was able to give me my money back quick and I was able to come here and I found an even better rate than what I got with cake. This will probably be my new go to crypto swapping platform. 100 out of 10 recommend and you can order with confidence :-)
Trusted !
Trusted website ! , recieved my 10 usd bitcoin to litecoin in just 30 mins , would recommend 100%
simply, reliable and quick
Easy to understand terminal, quick transaction. A bit of slippage on promised rate compared to what received - not sure why, as prices haven't changed by that percentage.
made good experiences
made good experiences. chaged IOTA in about 5 minutes.
Excellent and fast exchange at a good…
Excellent and fast exchange at a good rate! Thanks to the Swapzone team!
Great
Great! I’ll surely recommend it
I wanted to share my experience after…
I wanted to share my experience after encountering a failed transaction earlier today. I contacted support, and the team was incredibly fast in getting back to me. They understood the problem immediately and helped me through the recovery process efficiently. It's situations like this that really show why prompt customer service is essential on an exchange. The quick resolution meant I didn't have to worry for long. Your help was much appreciated!
You can trust this site!
Great experience! Swapped from SOL to TRX no issues. Wasnt too pricey. I recommend!
Thank you
Thank you ! I've got my crypto swapped without any hassles.
Great
Gut gelaufen, wie immer halt. Gern wieder!
easy seamless and quick
easy seamless and quick
Hervorragender Service!
Hervorragender Service!
fast and safe to be honest
Fast and good, normally i dont do reviews, but this swapping system is good ngl
Faster
Faster, the best
Works with ~ 100€ worth of coins
I was scammed by simpleswap before, but with Changenow over simpleswap it worked.
This was my first swapping and it went…
This was my first swapping and it went so smoothly without needing to refresh again and again
Nothing to complain about
Nothing to complain about, got even more crypto than expected.
Great support
Great support, replied within 1 minute. Few minutes later, swap finished properly.
Super Service !
Super Service !
Very fast exchange
Very fast exchange. Thank you.
Good also very fast support
Good also very fast support
Never had an issue once over many…
Never had an issue once over many years. Even when their was KYC demand or other issue, swapzone.io always resolved it for me. You can trust them and know your coins are safe
very responsive
very responsive, and fast followthrough
Easy no fuss
Easy no fuss trades. Fast responsive support. They take care of you.
First exchanges went great
First exchanges went great. Customer service is excellent. I'll be joining the partner program.
bon site
bon site, tres explixite et sécuriasant
Customer service was great
Honestly in this industry it’s hard to fbb in f great costed service but Liam at swapzone handled an issue for me and solved it and no bs just helping me out. Thank you. My first time using swap zone to swap crypto was great and I’ll be back now .
Read this carefully
Works every time and helps to find the best deal. Is what I would say if I wanted to leave regular review. What I am going to say is that this service is unmatched in crypto sphere how they handle their business. I sent crypto to a swap in 2 transactions instead of one(my mistake) and when I opened the chat and explained my issue they contacted the parter doing the swap and gave me option to get a refund or continue with the swap at the current rate. Others would just keep it of tell you its lost. So not only they help you find the swaps but they act as a liaison if there are issues.
perfect service
perfect service. great support. I can wholeheartedly recommend this service. The support is fast, helpful, and solution-oriented. You won't find that with other Exchange services. A++++ thanks
Everything as expected!
Everything went as expected for my first time with this service, specifically via ChangeNOW. Got the full exchange of funds to my wallet! A+
everything goes perfect as heaven
everything goes perfect as heaven
Perfect!!!
Perfect!!!
It worked better than I expected
It worked better than I expected. Great experience! I'll be back
Quick service
Quick service. Transaction was processed with ease. Thank you Swapzone
Excellent and reliable platform
Reliable and easy to use without the cumbersome KYC! Excellent exchange platform.
Good and Fast Support
Tyler from Swapzone's Support team was very kind and helps me out proactively. Highly recommend this site.
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