> For the complete documentation index, see [llms.txt](https://xai-foundation.gitbook.io/xai-network/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://xai-foundation.gitbook.io/xai-network/~/changes/TieONXPo3G91dLSqRpEI/xai-blockchain/xai-protocol/tokenomics/xai-tokens-utility-and-purpose.md).

# Xai Token’s Utility & Purpose

Xai is the token of record for the Xai blockchain.  Its utility is in line with traditional token utility on popular L1s and L2s and Xai is fully transferable.

* Xai is the gas fee token on the Xai L3
* Xai is redeemable for esXai