Movement

Movement Network is a blockchain infrastructure project, classified as a Layer 2 scaling solution, that aims to make the Move programming language accessible to a broad range of developers building decentralized applications. The core problem it addresses is the difficulty of writing secure, high-performance smart contracts, with Move originally developed at Meta as a language designed to reduce common coding vulnerabilities. The native token, MOVE, is used to pay transaction fees on the network and to stake in order to help secure it.

Movement Network uses the Move programming language as its execution environment, targeting developers who want Move's safety properties within a network connected to the Ethereum ecosystem, as reflected in its category tags. The MOVE token functions inside the system as the medium for paying gas fees and as the staking asset that validators commit to participate in consensus, though the specific consensus algorithm is not recorded in the available data. The project also appears in Base Ecosystem and Zero Knowledge categories, indicating design choices around how it settles or compresses transactions, but the precise settlement mechanism is not detailed in the stored data.

The protocol collected 0.08 USD in fees over the most recent 24-hour period, 1.08 USD over the trailing 7 days, 4.46 USD over the trailing 30 days, and 532.82 USD over the trailing 12 months, with fees annualised from the trailing 30-day figure producing an estimate of approximately 54.26 USD per year. The take rate is recorded at 100 percent over the trailing 30 days, meaning the protocol retains all fees collected and none flows to a supply side such as liquidity providers or validators as recorded fee revenue, consistent with the supply-side revenue for the 30-day period being 0.00 USD. Fee and revenue growth over the trailing 30 days is negative 46.67 percent, indicating that the fee run-rate has declined materially in that window. At these fee levels the annualised fee yield relative to market capitalisation is 0.000124 percent, which is a very small figure.