Stacks Price (STX)

Stacks runs smart contracts on a chain tied to Bitcoin. Under its Proof of Transfer system, miners commit BTC to compete for the chance to produce Stacks blocks. Stacks also uses signers to approve blocks as part of the process.

STX pays for transactions on Stacks. Holders can lock STX through a process called Stacking and may receive BTC rewards if they take part under the protocol’s rules. This is separate from depositing BTC to obtain sBTC for an app.

sBTC represents BTC on Stacks. Moving back to Bitcoin uses a withdrawal process with its own timing and fees. Check the relevant bridge instructions before transferring. The STX quote here tracks the network’s fee token.