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What is Space and Time (SXT)? Binance Launchpool’s new ZK data project explained

Dorin Buliga by Dorin Buliga
May 5, 2025
5 min. read
What is Space and Time (SXT)? Binance Launchpool’s new ZK data project explained

Key Points

  • SXT can be earned by staking BNB, FDUSD, or USDC during the Binance Launchpool event from May 6 to May 7.

  • Spot trading for SXT begins on May 8, and Binance is the exclusive launch venue.

  • Space and Time offers a ZK-based data infrastructure that allows smart contracts to securely query and use real-world and onchain data, with enterprise-scale performance.

Binance has selected Space and Time (SXT) as its 69th Launchpool project, giving users early access to a token powering a new type of data platform for decentralized applications. The protocol combines zero-knowledge (ZK) technology with SQL-based data services, allowing smart contracts to interact with verified, queryable data in real time.

The Launchpool event runs for two days, from May 6 to May 7, with users able to earn SXT by staking BNB, FDUSD, or USDC. Spot trading for SXT will follow on May 8 at 13:00 UTC, exclusively on Binance.

» START EARNING ON BINANCE NOW «

How SXT Farming Works

The Launchpool gives Binance users a way to earn new tokens by staking supported assets. This campaign distributes 125 million SXT, or 2.5% of the token’s total supply.

Token rewards per pool:

  • BNB: 85% (106,250,000 SXT)

  • FDUSD: 5% (6,250,000 SXT)

  • USDC: 10% (12,500,000 SXT)

Users must complete KYC to participate. Rewards are calculated hourly and distributed directly to participants’ Spot Wallets. Hourly caps per user apply to avoid reward concentration.

How to Participate in the SXT Launchpool

Users who wish to farm SXT tokens need to log in to their Binance account, complete KYC verification, and choose one of three supported staking pools:

  • BNB pool: 85% of the total rewards (106,250,000 SXT)

  • USDC pool: 10% of the total rewards (12,500,000 SXT)

  • FDUSD pool: 5% of the total rewards (6,250,000 SXT)

The total reward pool is 125 million SXT, or 2.5% of the total supply. Rewards are calculated and distributed hourly, and users can track their earnings in real time on the Binance Launchpool dashboard. Tokens staked can be withdrawn at any time, but only actively staked balances are eligible for rewards.

There are also per-user hourly limits to prevent large holders from dominating the pool.

» START EARNING ON BINANCE NOW «

What Is Space and Time (SXT)?

Space and Time is a decentralized data platform designed to make it easier for smart contracts and decentralized applications to query and verify blockchain and off-chain data at scale.

The protocol addresses one of the fundamental challenges in the Web3 space: access to accurate and verifiable data, delivered in a secure, decentralized manner.

Key technologies:

  • Proof of SQL: A proprietary zero-knowledge coprocessor that creates verifiable proofs for SQL queries. These proofs allow dApps and smart contracts to receive trustless, real-time answers from large datasets — something traditional smart contracts can’t do securely on their own.

  • Web3 Data APIs: Space and Time has pre-indexed data from multiple blockchains, including Ethereum, Polygon, ZKsync, Avalanche, Sui, and Bitcoin. This indexed data is made accessible to developers via Web3 APIs, allowing real-time access to multi-chain historical and live transaction data.

  • AI-Powered Developer Tools: Through its Studio interface, developers can use natural language to generate SQL queries, automate dashboard creation, and publish APIs. This reduces the barrier to entry for using onchain and offchain data in smart contract development.

  • Enterprise Features: The protocol offers petabyte-scale infrastructure, data privacy options (in-transit, in-use, and in-database encryption), and integrations with existing enterprise data systems.

Backed by Microsoft, Space and Time targets use cases in DeFi, enterprise analytics, game development, and cross-chain infrastructure.

Tokenomics and Supply

  • Total supply: 5,000,000,000 SXT

  • Circulating supply at listing: 1.4 billion SXT (28%)

  • Launchpool distribution: 125 million SXT

  • Post-launch marketing campaigns: 25 million SXT shortly after listing, 50 million SXT six months later

  • Smart contract network: Ethereum (0xE6Bfd33F52d82Ccb5b37E16D3dD81f9FFDAbB195)

  • Upcoming deployment: Base Network (contract to be announced)

SXT serves as the utility token for network access, query payments, staking, and potentially future governance mechanisms.

Why Space and Time Is Significant

Most Web3 infrastructure today still relies on off-chain APIs or centralized data services for analytics, indexing, and application logic. This introduces trust assumptions and central points of failure. Space and Time aims to decentralize that data layer, allowing applications to operate fully onchain — from logic to data access — with cryptographic guarantees about the data’s origin and accuracy.

Binance’s decision to feature Space and Time on Launchpool highlights its potential role in the next generation of decentralized infrastructure. This move follows similar industry trends, including BlackRock’s tokenization pilot (which may require high-throughput, trustless data systems), and growing enterprise interest in blockchain-native analytics.

» START EARNING ON BINANCE NOW «

Tags: BinanceSXT

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