What is the difference between Elrond and MultiversX?

MultiversX is the new name for the Elrond blockchain, rebranded in late 2022. The technology and EGLD token remain the same; the rebrand reflects the platform's expanded vision.

How fast is MultiversX?

MultiversX achieves over 15,000 transactions per second through Adaptive State Sharding, with 6-second finality and transaction fees under $0.001.

Can I swap EGLD without KYC?

Yes. SyntheticSwap supports EGLD swaps with no registration or identity verification.

What is the EGLD supply cap?

EGLD has a theoretical maximum supply of approximately 31,415,926 — a nod to the mathematical constant pi multiplied by 10 million.

What wallet should I use for EGLD?

xPortal (the official MultiversX mobile app) and the MultiversX Web Wallet are the recommended options. Ledger hardware wallets also support EGLD.

Home/Supported Coins/MultiversX

MultiversX

Highly Scalable Blockchain for Web3 Applications

Launch Year

2020

Consensus

Proof of Stake (Secure PoS)

Max Supply

31,415,926 EGLD

Block Time

~6 seconds

EGLD

MultiversX

Price—

24h Change—

Market Cap—

Volume (24h)—

Circulating Supply—

Swap EGLD Now

No KYC or registration
Non-custodial — your keys, your crypto
1000+ supported exchange pairs
Best available exchange rate

MultiversX Price Chart

EGLD / USD

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Data by CryptoCompare

About MultiversX

MultiversX (EGLD), formerly known as Elrond, is a high-throughput public blockchain designed to provide fast, secure, and scalable infrastructure for the new internet economy. MultiversX uses Adaptive State Sharding combined with a Secure Proof of Stake consensus to achieve over 15,000 transactions per second, 6-second finality, and near-zero transaction costs. The platform supports smart contracts, DeFi, NFTs, and enterprise applications. EGLD is the native token used for staking, transaction fees, and governance. MultiversX rebranded from Elrond in late 2022 to reflect its expanding multi-chain and metaverse ambitions.

History

2018

Elrond is founded in Romania with the vision of building a highly scalable blockchain through sharding.

2020

Elrond mainnet launches achieving 15,000 TPS through Adaptive State Sharding.

2021

Maiar DEX and EGLD ecosystem expand rapidly; network handles millions of transactions.

2022

Elrond rebrands to MultiversX, launching the xPortal super app and expanding into the metaverse.

2023

MultiversX introduces Sovereign Chains, allowing custom blockchains to inherit MultiversX security.

2024

MultiversX ecosystem grows with DeFi protocols, NFT marketplaces, and xPortal reaching 1M+ downloads.

How to Swap EGLD

Swapping MultiversX (EGLD) on SyntheticSwap is straightforward and requires no account or KYC verification. EGLD is a multi-chain token available across several blockchains, compatible with MetaMask, Trust Wallet, Ledger, and most major Web3 wallets. Open SyntheticSwap, select EGLD as your source or target asset, enter your receiving wallet address, and confirm the floating exchange rate. After sending EGLD to the deposit address, your destination asset is automatically delivered to your wallet once the transaction is confirmed.

How to Store EGLD

EGLD is stored in MultiversX-compatible wallets. The official xPortal mobile app (formerly Maiar) is the recommended wallet for most users. The MultiversX Web Wallet (wallet.multiversx.com) provides browser-based access. Ledger hardware wallets support EGLD via the MultiversX Ledger app. MultiversX uses a unique bech32 address format starting with 'erd1'.