TRX token
Overview
TRX functions as the native asset of the Tron blockchain, which supports decentralized applications and smart contracts. The token facilitates payment of network fees, staking operations, and value transfers across the Tron ecosystem. Additionally, TRX operates as a reserve asset within certain DeFi protocols and stablecoin systems built on Tron.
Within The Counterparty graph, TRX connects to 1 tracked entity, most strongly to USDD.
Relations
Top connections in The Counterparty knowledge graph (confidence-weighted, 1 of 1 total).
| Relation | Connected entity | Confidence |
|---|---|---|
backed_by | USDD | 90% |
Frequently asked questions
What is TRX?
TRX is a reserve-asset tracked in The Counterparty knowledge graph. It is connected to 1 other tracked entity, most strongly to USDD.
What type of entity is TRX?
TRX is classified as a reserve-asset (token) in The Counterparty knowledge graph.
What is TRX connected to?
In The Counterparty knowledge graph, TRX is linked to 1 other tracked entity, most strongly to USDD.