Mina Protocol

Mina Protocol is a Layer 1 blockchain that describes itself as the world's lightest blockchain, designed to remain compact regardless of how much transaction history it accumulates. It aims to solve the problem that most blockchains grow very large over time, making it difficult for ordinary users to participate in verifying the network. Mina targets anyone who wants to engage with a blockchain without needing specialised hardware, and it positions itself as a privacy-preserving bridge between real-world data and crypto applications.

Mina uses zero-knowledge proofs, specifically a technology called zk-SNARKs, to compress the entire state of the blockchain into a small, fixed-size cryptographic proof rather than requiring nodes to store the full transaction history. The network operates on a Proof of Stake consensus model, and MINA is the native token used to pay transaction fees and to stake for participation in block production and validation. The circulating supply stands at approximately 1.29 billion MINA, and because no maximum supply is recorded in the stored data, the token schedule is effectively open-ended.

The stored data does not include a fee-revenue figure, so no quantitative fee stream can be reported for this protocol. This means fee-based measures such as price-to-fees or revenue yield, which this site calculates for some other assets, are not available for MINA. What the data does show is that 100 percent of the supply has already been issued, with zero dilution overhang remaining, meaning no further scheduled token releases are pending according to the point-in-time figures stored here.