COTI

COTI is a confidentiality layer built on top of Ethereum, designed to let applications handle private data on a public blockchain. It targets developers and businesses that need data-protection features — such as confidential transactions, private decentralised finance, and encrypted identity systems — without leaving the Ethereum ecosystem. The project positions itself as infrastructure for use cases where on-chain privacy is a requirement rather than a preference.

COTI uses a cryptographic technique called Garbled Circuits to keep transaction data hidden while still allowing Ethereum to settle and secure the underlying computations, placing it in the zero-knowledge and Layer 2 category. The COTI token operates within this system, though the stored data does not specify the exact staking, governance, or fee-payment mechanics the token performs on-chain. Settlement security is inherited from Ethereum rather than from a separate consensus algorithm of its own.

The protocol generated 0.07 USD in fees over the most recent 24-hour period, 1.12 USD over the trailing 7 days, 8.27 USD over the trailing 30 days, and 500.27 USD over the trailing 12 months. Fee growth over the last 30 days was negative 95.48 percent, meaning recent fee activity has contracted sharply relative to the prior period. Annualised fees extrapolated from the trailing 30 days stand at approximately 100.62 USD against a market capitalisation of roughly 32.56 million USD, producing a fee yield of 0.000308 percent — an extremely thin fee stream relative to the size of the network. The data does not specify which participants collect these fees or how they are distributed.