> For the complete documentation index, see [llms.txt](https://docs.cortexdao.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.cortexdao.com/tokenomics/usdcxd.md).

# $CXD

Visit the CortexDAO [Dune Dashboard](https://dune.com/0xandrew/CortexDao-Token-Metrics) to view all tokenomics metrics.

## **Purpose**

Cortex DAO Token (CXD) is the platform’s native utility token, used as the primary means to govern, secure, incentivize participants, and provide a default mechanism to store and exchange value. The Cortex Token is governed by the CortexDAO. 

## **Maximum Supply**

Total Supply is **271,828,182 CXD.**

## **Rewards**

Liquidity Provider rewards for the CXD/USDC Curve pool will be paid in CXD. Rewards are issued with a liquidity gauge, keeping the doors open to earn additional CRV and CVX rewards in the future.

Other rewards include rewards for public Liquidity Mining, rewards for community initiatives and rewards for Core Contributors.

## **Utility**

The CXD token can be [locked](/tokenomics/usdcxd/locking-cxd-for-vlcxd.md) for 1 week to 4 years to enable the following features:

* DAO voting
* Index boost
* Fee distribution