Nervos Network
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Nervos Network in numbers
Nervos Network (CKB) ranks #352 by market capitalization, at $64.40M. It belongs to the Networks sector (Layer-0). It has traded since Aug 20, 2019, across 48 markets on 21 exchanges, with $7.26M of volume in the last 24 hours. Its all-time high of $0.0429704 was reached on Mar 31, 2021; the current price is 97.6% below that peak. Its cycle low of $0.000798481 came on Aug 14, 2026.
49.85B CKB are in circulation. 16 investors are recorded as backers, including Hashkey Capital, Polychain Capital, Dragonfly.
About Nervos Network
Nervos Network is a modular blockchain network built on a secure and flexible Layer 1, the Common Knowledge Base (CKB). CKB utilizes Proof-of-Work consensus and supports all cryptographic primitives. It can interoperate with heterogeneous blockchains, sidechains, and Layer 2 networks. Developers can build decentralized applications with protocol-level account abstraction.
Background
The Nervos project first launched in 2018 in search of a solution for the scalability issues that plagued layer-1 networks, specifically smart contract platforms, at the time. Nervos sought to build a blockchain that could satisfy the performance needs of enterprise uses cases.
Nervos' mainnet launched in Nov. 2019. It is a public blockchain that uses a different architectural design by separating its infrastructure into two layers: a single base layer (Layer-1) and a high-performance application layer (Layer-2). Nervos developers are building a collection of protocols to provide the scalability and environment necessary to support applications.
The Nervos CKB (Common Knowledge Base) is the base layer. It is a general-purpose, Proof-of-Work (PoW) blockchain that serves as the consensus engine for Nervos-based applications and application layers. This base layer also features a native utility token, the CKByte (CKB). CKByte is used for resource management and miner incentivization and entitles the holder to an allocation of state storage space on the CKB blockchain. Participants can also lock tokens in the Nervos DAO, which enables deposits to receive compensation or “yield” on their holdings.