CMCX · STRIKEX · $STRX · TOKENOMICS

StrikeX can easily be the most profitable tokenization project.

1% of CMC’s $40B daily volume, tokenized at 0.25%, is ~$365M in fees. A conservative 10x–20x on that case is $3.70–$7.30 $STRX — the token is ~$0.02 now.

Aug 28, 2026 · 4 min read · Tokenisable

StrikeX can easily be the most profitable tokenization project.

StrikeX can easily be the most profitable RWA tokenization project— and what that would mean for the $STRX token price ...

CMC Markets already runs about $40 billion of daily volume. StrikeX is the RWA tokenization engine CMC majority-owns. Every Proof of Integrity commit and batch anchor consumes $STRX and burns it. Every trade outside of POI uses $STRX as gas. Tokenized markets do not close. The meter runs 24/7, 365 days a year.

One percent of CMC’s own book is enough. New partners are extra.

The 1% case

$40 billion × 1% = $400 million a day through StrikeX.

CMC and StrikeX have already said the point of this stack is to tokenize securities and derivatives so investors can trade around the clock. A tokenized book is not a 252-session cash-equity calendar. Weekends, holidays and overnight sessions are live volume. Over 365 days that 1% is $146 billion of annual flow. The full $40 billion day annualizes to about $14.6 trillion if the rails stay on.

A blended retail + institutional fee of 0.25% is the right ruler (not offical, @tokenisable prediction fee). Retail flow can clear more than that, Institutional and B2B flow clears less. 0.25% sits in the middle.

$146 billion × 0.25% = ~$365 million a year.

Other RWA projects still have to recruit assets, licences, custody and a sales force. StrikeX already has CMC Markets. CMC already has volume, 13+ regulated regions, a live tokenized issuance, CapX private markets, a Super App/ multi asset roadmap (with StrikeX as the engine), and 400+ partners being offered the same stack. V0.5 is crypto and self-custody. V1 is tokenized stocks, CFDs, ETFs and commodities. + V1.5 (togheter the CMC SuperApp technology) Hold STRX, pay less on your fees. Use the engine, burn STRX or uses as gas. The calendar is 365. The supply cap is 1 billion. The fee assumption is a conservative 0.25%.

Comparing ~ 1% of StrikeX fees to some current big RWA tokenization names

If even a small slice of CMC’s existing activity runs through StrikeX at a normal broker take, the resulting tokenization P&L can exceed what Ondo and Centrifuge keep today. That is because those platforms earn single-digit to low-double-digit millions, and CMC already has the book, licences and distribution.

Ondo — ~$50–60M
CFG — ~$60M
STRX 1% of CMC — ~$365M

What does this mean for $STRX token price?

P/E, in one summary

A P/E ratio is the price the market pays for one year of profit.

If a business earns $1 and the market values it at $10, that is 10x P/E. If it values that same $1 at $20, that is 20x P/E.

Why 10x–20x is the conservative band for $STRX

10x means the market pays ten years of that 1% profit. That is the multiple for a business that is already done growing — a stable cash machine, nothing more.

20x means the market pays twenty years of that 1% profit. That is the multiple for a normal compounder, not a once-in-a-cycle infrastructure trade.

A P/E (or, in crypto, usually a price-to-revenue / P/S multiple) is how many dollars of market cap the market pays for one dollar of annual profit or fees.

Separate infrastructure work puts tokenization and RWA platforms at 12x–18x revenue. That is the private-market / equity-style band for the exact sector StrikeX sits in.

So in crypto, 10x–20x is not a moon multiple. It is the middle of the board for names that already keep fees and that the market treats as real businesses. Cheap fee farms sit at 1x–6x. Category leaders with a moat sit at 15x–25x. Narratives with optionality go higher.

How $STRX compares

On the 1% case — $40 billion CMC day, 24/7, 0.25% blended retail + institutional fee — the fee line is ~$365 million.

Hyperliquid at 15x means the market pays fifteen years of its current revenue. $STRX at an $18 million market cap means the market is now only paying about two weeks of that 1% CMC case.

PE examples:

1x Pump / Pancake style
10x low end of “real business”
15x Hyperliquid’s print
20x Aave fintech earnings band
12x–18x tokenization / RWA platform revenue band

Why 10x–20x is conservative for $STRX specifically

Those earned their 10x–20x on already-live fees, often with weak capture to the token. $STRX is being asked to clear the same multiple on a 1% of a $40 billion regulated book, with official 100% burns, CMC owning 51% of the company, and 400+ partners not counted.

Aave at ~20x is a lender with no FTSE 250 (CMC Markets) distribution. Hyperliquid at ~15x is a perp DEX. Tokenization platforms in banking-style comps already clear 12x–18x sales. Pricing StrikeX at 10x–20x after the 1% case is believed is pricing it like a normal fee protocol — not like the only token metered into CMC’s 24/7 rails.

$3.70–$7.30 is the conservative $STRX case over the coming few years based on 1% CMC adoption.

Read the original on X

posts:

Tokenisable@Tokenisable·Oct 16

Buy, swap, send or receive. #RWA tokenization 24/7: equities, funds, bonds, private markets, commodities, indices, forex, crypto, rates, CFDs.. Upcoming #StrikeX tech for CMC Markets millions of users and hundreds of institutional partners. Settled in $STRX. Proof of Integrity.

The 1% case

Comparing ~ 1% of StrikeX fees to some current big RWA tokenization names

What does this mean for $STRX token price?

P/E, in one summary

Why 10x–20x is the conservative band for $STRX

How $STRX compares

Why 10x–20x is conservative for $STRX specifically

posts:

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