Acurast

Acurast is a decentralized compute network that routes workloads through consumer smartphones rather than traditional data centers, allowing developers to run applications on distributed hardware without relying on centralised cloud providers. The problem it addresses is the concentration of computing infrastructure in a small number of large facilities, which can create single points of failure and raise privacy concerns. It is aimed at developers building applications that require secure, verifiable, and privacy-preserving computation at scale.

Smartphones enrolled in the network act as compute units, executing tasks inside secure hardware enclaves that keep data confidential even from the device owner, producing verifiable outputs that requesters can check on-chain. The ACU token functions as the medium of exchange within this system, used to pay for compute jobs and to reward the device operators who supply capacity. The protocol spans several ecosystems, including Ethereum, BNB Chain, Base, and Peaq, meaning settlement and token interactions can occur across multiple chains.

The data provided does not include a specific fee revenue figure for Acurast, so fee-based valuation measures cannot be calculated from what this site stores. Compute requesters are expected to pay in ACU for the jobs they submit, with device operators receiving those payments as compensation for supplying hardware, but no aggregate fee stream numbers are recorded here. Approximately 38.1% of the total token supply is currently in circulation, and because no maximum supply figure is stored, the full long-run dilution picture is not fully bounded; the dilution overhang stands at roughly 162.7%, meaning tokens not yet in circulation represent more than 1.6 times the current circulating supply.