Diem

Diem is an ERC-20 token on the Base blockchain that represents a fixed unit of artificial-intelligence compute capacity, specifically one US dollar per day of access to the Venice API that does not expire. It is designed for developers, autonomous agents, and applications that want predictable, non-expiring AI processing capacity rather than variable subscription or usage-based billing. The project positions itself as a way to turn AI compute from a rented service into an ownable onchain asset.

Each Diem token can only be minted by locking staked VVV tokens, which ties the supply of Diem directly to activity in the Venice ecosystem. Because it is a standard ERC-20 token on Base, it can be transferred, traded, and staked like other tokens on that network. When a holder uses a Diem token, it grants access to Venice API capacity at the fixed rate embedded in the token's design.

The protocol recorded fees of 66.00 USD in the most recent 24-hour period, 1,326.03 USD over the trailing 30 days, and 2,743.22 USD over the trailing 12 months, with annualized fees projected at 16,133.36 USD from the trailing 30-day figure. Fee growth over the last 30 days was 200.0 percent, and the same figure applies to revenue growth, reflecting a recent acceleration from a very small base. The take rate over the trailing 30 days was 100.0 percent, meaning the protocol retains all fees and supply-side revenue for the same period was 0.00 USD, so no fees were distributed to liquidity providers or other external parties. Holders received 1,194.48 USD in revenue over the trailing 30 days, which annualizes to a holder revenue yield of approximately 2.23 percent of current market capitalization.