Explainers
Stacks token (STX)
May 15, 2025
Disclaimer: Leather does not issue STX or set its value. STX is a publicly traded token and users are responsible for managing their own holdings. STX is a market-traded token with variable value. Leather helps you manage your STX but does not determine its market price or availability.
Stacks (STX) is the native token of the Stacks blockchain. It powers all network activity and enables functionality that brings smart contracts and DeFi to Bitcoin.
What is STX used for?
Transaction fees: Paid to miners for processing actions on the Stacks chain
Smart contract execution: Required to interact with apps or deploy contracts
Stacking: Locked to participate in the consensus protocol and earn BTC
Governance and protocol alignment: Used to signal support in on-chain voting mechanisms (in some apps)
Managing STX in Leather
Leather supports STX natively and lets you:
Send and receive STX with secure address management
View balances across your connected accounts
Participate in Stacking to earn BTC
Connect to apps that rely on STX for payment or utility
Whether you're holding STX long-term, using it for DeFi, or staking it in a pool, Leather gives you the tools to do it confidently.
