Formerly Elrond, MultiversX is a sharded Layer 1 blockchain with 0.6-second rounds and transfer fees well below a cent. This guide covers how it works, the EGLD token and its staking yield, the main ecosystem apps, and dated market and TVL data against other Layer 1s.
Key takeaways
- MultiversX splits its state, network and transactions across 3 shards plus a metachain. On November 10, 2026, its round duration was 600 milliseconds, down from 6 seconds at launch, per the MultiversX gateway configuration.
- EGLD traded at $2.95 on November 10, 2026 ($92 million market capitalization, rank 279), 99% below its November 2021 all-time high, per CoinGecko.
- Staking paid a network APR of 9.11%, and 189 staking providers showed 6.5% to 9.67% after fees, per the MultiversX API. About 45% of circulating EGLD was staked.
- DeFi activity is small: $12 million of TVL on MultiversX against $5.04 billion on Solana and $605 million on Avalanche, per DefiLlama. The largest protocols are Hatom ($10 million across its products) and xExchange ($4 million).
MultiversX是什么？
A Layer 1 blockchain designed for throughput, fast confirmation and low fees.
从Elrond到MultiversX
Elrond was founded in 2017 by Beniamin Mincu, Lucian Mincu and Lucian Todea. Its mainnet launched in July 2020. In November 2022 the project rebranded to MultiversX, a name meant to cover more than the base chain: decentralized finance (DeFi), digital identity and consumer payments through the xPortal app. By November 10, 2026, the network had recorded 636.78 million transactions across 9.28 million accounts, per the MultiversX API.
自适应状态分片
Per its documentation, MultiversX combines three types of sharding at once: state sharding, network sharding and transaction sharding. The network is split into parallel shards that each process their own transactions, and the number of shards can be adjusted as demand changes. The aim is capacity that grows with each shard added, without weakening security (see Sources).
MultiversX 的工作原理
如 MultiversX 文档所述，该架构的三个构建模块。.
状态分片
The blockchain state (account balances and smart contract storage) is split across shards. Each shard stores only its part of the global state. This lowers the storage a node needs and lets transactions in different shards be processed at the same time.
网络分片
Nodes are grouped by shard, which keeps communication local. A separate chain called the metachain notarises shard blocks and coordinates cross-shard operations. At the end of each epoch (about 24 hours, or 144,000 rounds of 600 ms) a share of the nodes is reshuffled between shards, which makes it harder for a group of nodes to collude.
SPoS 共识
Secure Proof of Stake (SPoS) picks the consensus group for each block using a random seed derived from the previous block's signature. The signatures use the BLS (Boneh-Lynn-Shacham) scheme, which lets many validators sign together. Because the seed cannot be known in advance, the selection is hard to predict or manipulate, and it is computed quickly at the start of each round.
核心特点
Live network figures on November 10, 2026, from the MultiversX gateway and API (see Sources).
The documentation describes design capacity of about 15,000 transactions per second, growing as shards are added
600 ms per round in the network configuration; cross-shard transfers take a few rounds
0.00005 EGLD (50,000 gas at the minimum gas price), at the EGLD price on November 10, 2026
1,599 of them eligible for consensus in the current epoch
EGLD 代币
The native token of the MultiversX network: supply, staking and a dated market snapshot.
代币经济学
- 最大供应量：31,415,926 EGLD
A hard cap in the economics documentation whose digits mirror the constant pi. On November 10, 2026, 31.15 million EGLD were in circulation, per CoinGecko and the MultiversX API.
- 发行量在 10 年内递减
Per the economics documentation, the yearly issuance rate falls step by step over the first ten years, and fees collected in an epoch reduce the amount of new EGLD minted for that epoch.
- 30% of contract gas fees go to developers
Per the docs, 30% of the gas fees paid on smart contract calls are credited to the contract owner, which rewards teams that build on the network.
质押奖励
The MultiversX API reported 10.9% on base stake and 6.66% on top-up stake (EGLD above the 2,500 EGLD per node). Across 189 staking providers, the APR after service fees ranged from 6.5% to 9.67% (median 8.56%). About 13.93 million EGLD, 45% of the circulating supply, was staked. Rewards are paid in EGLD, so their dollar value moves with the price.
- 最小委托额：1 EGLD
- 10 天解锁期
- Validators require 2,500 EGLD stake per node
- Rewards distributed every epoch (about 24 hours)
EGLD Market Data
Snapshot on November 10, 2026, per CoinGecko. These figures are not live: check the current price before you act on them.
| 指标 | MultiversX (EGLD) |
|---|---|
| Price | $2.95 |
| Market capitalization | $92 million (rank 279) |
| All-time high | $545.64 on November 23, 2021 |
| Change from all-time high | -99% |
| Circulating supply | 31.15 million EGLD |
| Maximum supply (documentation) | 31.42 million EGLD |
| DeFi TVL on MultiversX (DefiLlama) | $12 million |
MultiversX 生态系统
The main applications built on MultiversX, with their TVL on November 10, 2026 per DefiLlama. Check each project's own site for current features and terms.
xExchange
The main decentralized exchange (DEX) on MultiversX, with $4 million of TVL. Swap tokens, provide liquidity and farm rewards, with an "energy" system that boosts rewards for users who lock the exchange token. See what is a liquidity pool for how DEX pools work.
xPortal
The official MultiversX mobile wallet. It manages EGLD and ESDT tokens (the MultiversX token standard), supports staking and swaps, and offers a crypto payment card in supported regions.
Hatom
The largest protocol on the chain, with $10 million of TVL across its products. DefiLlama leaves part of liquid-staking deposits out of chain totals, which is why Hatom and xExchange together exceed the chain figure. It offers lending and borrowing pools, liquid staking through sEGLD and a stablecoin called USH.
AshSwap
A stable-swap DEX built for low-slippage trades between assets that track the same value, with $810,637 of TVL. It uses Curve-style pools and vote-escrow (ve) tokenomics for governance and reward boosting.
For scale: the whole MultiversX DeFi ecosystem held $12 million on November 10, 2026, a small fraction of the $16.2 billion held by Aave alone across its markets. Thin liquidity means larger price impact on trades and smaller lending pools; our guide to TVL explains what the metric does and does not measure.
如何质押 EGLD
使用 xPortal 应用逐步操作。机制依据 MultiversX 文档（见来源）。.
下载 xPortal
Install the xPortal app from the App Store or Google Play. It is the official MultiversX wallet and supports EGLD and ESDT tokens.
创建或导入钱包
Set up a new wallet and store your 24-word recovery phrase offline. If you already have a MultiversX wallet, import it with your recovery phrase or keystore file. Our guide on how to protect your crypto covers recovery phrase storage.
获取 EGLD
在 xPortal 中通过其应用内购买合作伙伴购买 EGLD（如可用），或在支持 EGLD 的中心化交易所购买并提现至您的 xPortal 地址。.
前往质押
Open the staking section in xPortal. You will see a list of staking providers with their current reward rate, service fee, remaining delegation capacity and node count.
委托您的 EGLD
Choose a provider with a good uptime record and a service fee you accept; on November 10, 2026, provider APRs after fees ranged from 6.5% to 9.67%. Enter the amount (minimum 1 EGLD) and confirm. Rewards are added every epoch and can be claimed or restaked. If you undelegate, your EGLD is returned after a 10-day unbonding period. Our staking guide covers the general risks.
MultiversX vs Solana, Avalanche and Other L1s
Design differences, then dated market and DeFi data. Market data on November 10, 2026 per CoinGecko; TVL per DefiLlama.
| 功能 | MultiversX | Solana | Avalanche |
|---|---|---|---|
| 共识 | 安全 PoS（SPoS） | 历史证明 + PoS | Snowman 共识 |
| 架构 | Sharded (3 shards plus metachain) | Monolithic, single state | Primary network plus custom chains (formerly subnets) |
| Block time | 600 ms rounds; cross-shard takes a few rounds | Sub-second slots | Sub-second to seconds; no block reorganisations by design |
| Transfer fee | Fraction of a cent, fixed in gas units | 不到一美分，另加可选的优先费 | Dynamic with demand on the C-Chain |
| 智能合约虚拟机 | WASM | SVM（Sealevel） | EVM on the C-Chain; custom VMs on other chains |
| 质押奖励 | 9.11% network APR on November 10, 2026 | Variable; inflation schedule in docs | Variable; depends on chosen staking term |
| Minimum to delegate | 1 EGLD | No protocol minimum | 由协议设定；见文档 |
Market and DeFi Data
| 指标 | MultiversX (EGLD) | Solana（SOL） | Avalanche（AVAX） | Sui（SUI） | NEAR (NEAR) |
|---|---|---|---|---|---|
| DeFi 总锁仓价值 | $12 million | $5.04 billion | $605 million | $429 million | $171 million |
| Market capitalization | $92 million | $50.1 billion | $3.73 billion | $3.44 billion | $4.76 billion |
| TVL as share of market cap | 13% | 10% | 16% | 12% | 4% |
| Price | $2.95 | $84.76 | $8.36 | $0.832 | $3.63 |
| Change from all-time high | -99% | -71% | -94% | -84% | -82% |
| CoinGecko rank | 279 | 7 | 26 | 28 | 21 |
- DeFi size: Solana's DeFi TVL was about 433 times that of MultiversX, and NEAR, another sharded Layer 1, held about 15 times as much.
- Drawdown: EGLD stood 99% below its 2021 high, the steepest fall in this group; AVAX (94%) and NEAR (82%) also traded far below their 2021 and 2022 peaks.
- Staking: EGLD's 9.11% APR is paid in a token that lost most of its value since 2021, so a high nominal yield did not protect holders measured in US dollars.
MultiversX 上的智能合约
根据文档，合约编译为 WebAssembly (WASM)，推荐使用 Rust 语言。.
WASM 虚拟机
MultiversX runs smart contracts on a WebAssembly (WASM) virtual machine. WASM is a W3C standard bytecode format designed to run at close to native speed, and it is supported by all major web browsers, which gives developers a mature toolchain to build on. Our guide to smart contracts explains the general idea.
Rust Framework
Developers write contracts in Rust using the MultiversX framework (mx-sdk-rs), which provides macros, a testing environment and debugging tools. Rust's memory safety rules remove a class of bugs at compile time, although they do not replace audits.
可组合性
不同分片上的合约可以通过异步跨分片调用相互调用，因此 DeFi 应用可以在整个网络上组合。元链对结果进行公证，回调让合约在另一个分片处理完调用后处理结果。.
常见问题
什么是 MultiversX（前称 Elrond）？
What is the EGLD price today?
EGLD 的用途是什么？
What is the EGLD staking APR?
MultiversX 的分片是如何工作的？
MultiversX 比 Solana 更好吗？
我该如何质押 EGLD？
了解更多关于 MultiversX
Official resources and related Coinstancy guides. The documents that support this guide are listed under Sources below.
来源与延伸阅读
本页面中的数字和声明均基于以下文档。具有时效性的数字（利率、收益率、费用、市场数据）会变动：在据此行动之前，请在来源处核实实时数值。.
- MultiversX documentationdocs.multiversx.com
Official reference for the protocol, wallets, staking (1 EGLD minimum delegation) and smart contracts.
- MultiversX documentation, Adaptive State Shardingdocs.multiversx.com
How state, network and transaction sharding are combined, and the role of the metachain.
- MultiversX 文档，安全权益证明docs.multiversx.com
Validator selection, BLS multi-signatures and node reshuffling between shards.
- MultiversX documentation, Economicsdocs.multiversx.com
EGLD 最大供应量为 31,415,926，发行计划、验证者质押和开发者奖励。.
- MultiversX documentation, Gas and feesdocs.multiversx.com
交易费用如何根据 Gas 单位和 Gas 价格计算。.
- MultiversX documentation, WASM VMdocs.multiversx.com
The WebAssembly virtual machine and supported smart contract languages.
- MultiversX gateway, network configurationgateway.multiversx.com
Round duration of 600 ms, 144,000 rounds per epoch, 3 shards, minimum gas limit and price, and the 10-epoch unbonding period on November 10, 2026.
- MultiversX API, economicsapi.multiversx.com
Staked EGLD, network staking APR, base and top-up APR, and circulating supply on November 10, 2026.
- MultiversX API, staking providersapi.multiversx.com
The 189 staking providers, their APR after service fee and the 2,500 EGLD stake per node.
- MultiversX API, network statisticsapi.multiversx.com
Shard count, accounts and total transactions; validator node counts from the nodes endpoint of the same API.
- MultiversX Explorerexplorer.multiversx.com
Live view of validators, staked EGLD and staking providers.
- CoinGecko, MultiversX (EGLD)coingecko.com
EGLD price, market capitalization, rank, all-time high and circulating supply on November 10, 2026.
- CoinGecko, coin marketscoingecko.com
Price, market capitalization, rank and all-time high of SOL, AVAX, SUI and NEAR on November 10, 2026.
- DefiLlama, chainsdefillama.com
DeFi TVL of MultiversX, Solana, Avalanche, Sui and NEAR on November 10, 2026.
- DefiLlama, MultiversX protocolsdefillama.com
TVL of Hatom, xExchange and AshSwap on November 10, 2026; Aave TVL for scale from DefiLlama's protocol list.
- xPortalxportal.com
Official MultiversX wallet app used for staking and token management.
- Solana 文档solana.com
Solana consensus, performance and staking, for the comparison table.
- Avalanche 文档docs.avax.network
Avalanche consensus, finality and staking, for the comparison table.
Last reviewed: November 2026. External links open in a new tab; Coinstancy is not responsible for their content.
准备好让您的加密资产发挥作用了吗？
Earn 7.50% APY on USDC with Coinstancy Dollar Savings, the fixed rate currently in force. No lock-up; withdrawal requests are normally settled within 48 calendar hours; from $10. Coinstancy is custodial and Savings are not FDIC insured.