COTI

COTI is a confidentiality layer built on top of Ethereum, designed to let developers and users conduct transactions and run applications with data privacy on a public blockchain. It addresses the problem that most public blockchains expose all transaction data openly, which limits their use for applications requiring discretion, such as private payments, decentralized identity, and certain AI or DeFi use cases. The project positions itself as a compliance-friendly privacy infrastructure rather than a fully anonymous network.

COTI uses a cryptographic technique called Garbled Circuits to process and obscure data while still allowing it to be verified, with security ultimately settled on Ethereum, classifying it as an Ethereum Layer 2 with zero-knowledge privacy properties. The COTI token functions within this ecosystem as the native asset of the network, used for fees and network participation. The block time recorded in the data is 0.0 minutes and no consensus algorithm is specified, so a precise mechanical description of block production cannot be provided beyond what is stated.

The protocol generated 0.11 USD in fees over the trailing 24 hours, 1.17 USD over the trailing 7 days, 29.17 USD over the trailing 30 days, and 511.43 USD over the trailing 12 months. Fee activity has declined sharply, with a 30-day fee change of negative 92.9 percent, and the annualized figure derived from the trailing 30 days stands at approximately 354.90 USD. Against a market capitalization of roughly 38.4 million USD, this produces a fee yield of 0.000909 percent on an annualized basis, meaning the protocol currently captures an extremely small amount of revenue relative to its size. The data does not specify who receives these fees or what share the protocol retains.