New November monthly record for CargoX - 371 333 documents in one month

October docs

CargoX finished the month of November with 371 333 documents vs 244 393 a year ago. This represents a YoY growth of 52%. Documents were down a bit month over month from 374 881. This is mainly due to the weak first week because of holidays in China and the strong last week in September. We are yet to get a day with 20 000 documents but we got close two times, on the Monday 12th of October documents reached 19 644 as well as 19 895 on the Monday 26th of October.

The team spent 237 736$ to buy back the tokens from holders on chain. The restocks were fully performed on Polygon via many Uniswap pools. In total the team bought back 1 587 805 tokens on the open market. The team also continued the regular payout of ,6$ per document in the token. This resulted in a total payout of 1 488 782 tokens. Out of this 794 331 tokens were burned for ever and 694 450 were paid to relayers for relaying the documents and their services in the ecosystem.

Total burn for the year now stands at 7 002 077 tokens in 2026 alone. The total burn since the ICO is at 28 912 299 tokens after October. This represents 3,25% of all tokens in 2026 alone or 3,62% of all tokens left at the start for the year. Total burn is now up to 13,44% of all tokens.

Live tracking of documents is available here:

• Poor's tracker
• Genetron's tracker
• On-chain document tracking
• On-chain repurchase