Hive

Hive is a Layer 1 blockchain designed to support social media applications, gaming, and other content-driven platforms, allowing users to publish, vote on, and monetize content without relying on a centralized company. It emerged as a fork aimed at giving participants direct ownership over the infrastructure their communities run on. Its target audience includes developers building decentralized social or gaming applications and the users of those applications.

Hive uses Delegated Proof-of-Stake consensus, meaning token holders vote for a set of block producers who validate transactions on their behalf, with blocks confirmed extremely rapidly given the near-zero block time recorded in the data. The HIVE token is used for resource allocation on the network — staking it grants access to bandwidth and computational capacity rather than requiring per-transaction fees in the traditional sense. The token exists natively on the Hive blockchain, with no maximum supply cap recorded in the data.

The data stored for Hive includes no explicit fee stream, which means this site carries no fee-based measures such as protocol revenue or fee yield for this asset. Hive's resource model is built around staking rather than direct fee collection, so users consume network capacity proportional to their stake rather than paying discrete charges per action. Approximately 49.19 percent of the implied total supply is currently in circulation, and the fully diluted valuation is about 2.03 times the current market cap of roughly 27.6 million USD, reflecting that a meaningful portion of supply has yet to be issued.