Performances
RD Popularity Index
RD Growth Index
Revenue & Burn
Protocol income
$5.57KBuyback funds
$3.34KBurn funds
$3.34KBuyback ratio
60.0%Protocol funds over time
Monthly amounts & ratios
| Period | Protocol income | Buyback funds | Burn funds | Buyback ratio |
|---|---|---|---|---|
| Nov 2026 | $5.57K | $3.34K | $3.34K | 60.0% |
| Oct 2026 | $21.61K | $12.96K | $12.96K | 60.0% |
| Sep 2026 | $29.27K | $17.56K | $17.56K | 60.0% |
| Aug 2026 | $31.14K | $18.38K | $18.38K | 59.0% |
| Jul 2026 | $32.58K | $19.32K | $19.32K | 59.3% |
| Jun 2026 | $14.99K | $8.99K | $8.99K | 60.0% |
Comparison
Fundraising
Follow Updates
Follow Lists
People
About XNET
XNET is a neutral-host wireless network in the United States that deploys CBRS small cells and Passpoint Wi-Fi across malls, venues and streets and sells the aggregated coverage to carriers by the gigabyte. It addresses the high cost and poor returns of carrier densification indoors and in dense areas: sites are deployed by venues or independent operators, XNET handles spectrum, backhaul and roaming integration, carriers pay for actual traffic, and revenue is shared with node operators by uptime, throughput and location, with part of it used to buy back and burn XNET.
Its place is wholesale DePIN: unlike consumer hotspot mining, XNET's paying side is carrier contracts and node revenue tracks real traffic rather than proof of uptime alone. Since September 2024 about 9 million AT&T subscribers have connected automatically to its Passpoint network without manual login, and that automatic roaming is what separates it from retail-facing networks. Roughly 177 devices are live across the network, and coverage still depends on roaming agreements with carriers and site selection by venues.
In February 2026 XNET's data offload rose 32% month on month, passing 107 TB in a single month for the first time, and together with Helium Mobile and Dabba pushed wireless offload to a record 37,000 TB. Revenue for the month was $3,688, down 28%, and the XNET token fell 32.4% over the same period.
On the network side XNET runs a neutral-host model, deploying small radios and Wi-Fi access points in high-traffic retail sites and selling the resulting coverage to carriers by the gigabyte. Since September 2024 about nine million AT&T subscribers have connected automatically to its Passpoint network. The protocol uses 80% of revenue to buy back and burn XNET.
XNET will keep carrier offload fees as the main revenue line, raise node density at high-traffic venues, and tie network usage directly to token supply through buybacks and burns.
James Childs — CEO; telecom veteran and former board member; appointed in August 2025.
Richard DeVaul — Co-founder & Chief Evangelist; Ph.D. from MIT; former Director at Google X and founding lead of Project Loon.
Alex Luebke, Tom Beirith and Donal O'Brien — Co-founders.