On this page
Akash Network Token (AKT)
Akash Network Token (AKT) is the native utility token of Akash Network. AKT is used as the primary means to govern the network, secure the blockchain, incentivize participants, and provide a default mechanism to store and exchange value.
Security
Akash Network is secured by a Proof-of-Stake (PoS) blockchain, and AKT is used to secure the network by staking. Staking AKT provides a passive income stream for stakers, and increases the security of the network.
Governance
Akash Network is community-owned and all aspects of the network are governed by AKT holders. AKT holders can vote on proposals to improve the network and manage critical parameters such as the inflation rate and take rates.
Value Exchange
AKT provides a default mechanism to store and exchange value, and acts as a reserve currency in Cosmos’ multi-currency and multi-chain ecosystem.
Incentivization
AKT is used to incentivize providers to offer lower prices, and incentivizes stakers to participate in the network longer term by staking.
Ecosystem Tools
The following tools are available for exploring the Akash Network blockchain, staking AKT, and participating in governance:
Explorers | Wallets | Staking |
---|---|---|
Mintscan | Keplr 🌎📱 | Keplr |
Bigdipper | Cosmostation 🌎📱 | Cosmostation |
Atom Scan | Mixin Messenger 📱 | Staking Rewards |
Ping.pub | Omni Wallet 📱 |
Token Metrics
As of Fri Jun 2 23:11:15 UTC, these are the current AKT metrics, as reported by Coingecko.
Circulating Supply | 213,617,038 |
Total Supply | 213,616,372 |
Maximum Supply | 388,539,008 |
Price | 0.5970 USD |
Market Cap | 127,480,980 USD |
24h Trading Volume | 2,558,452 USD |
Buying AKT
AKT is available on the following exchanges:
Centralized | Decentralized |
---|---|
Kraken 🇺🇸 | Osmosis 🌎 |
KuCoin 🇺🇸 | |
Crypto.com 🇺🇸 | |
Gate.io 🇺🇸 | |
AscendEX 🌎 | |
Huobi Global 🌎 |