Nervos Network
What this is
Nervos Network is a layered blockchain infrastructure designed to separate the tasks of trust and transaction throughput across two distinct layers. Its base layer, the Nervos Common Knowledge Base (CKB), acts as a secure, permissionless store of assets and common state, while upper layers handle high-volume transactions and privacy-sensitive operations. The network is aimed at developers and users who want a foundation that can support smart contracts, cross-chain interoperability, and decentralized applications without forcing every concern onto a single chain.
CKB, the Layer 1 of Nervos, falls under a Proof of Work consensus model and is designed so that computation happens off-chain while state verification and storage happen on-chain, keeping the base layer focused on security and finality. The CKB token is used to pay for on-chain state storage — holders of CKB essentially rent capacity on the base-layer ledger, creating a direct link between token ownership and the right to occupy state space. Layer 2 protocols settle back to CKB, inheriting its security guarantees for assets and identities created across the broader network.
The data provided does not include a fee revenue figure for Nervos Network, so fee-based measures such as fee yield or protocol revenue cannot be calculated from what this site holds. State-occupation economics are built into the token model — users must hold CKB proportional to the state space they consume, rather than paying recurring fees in a conventional sense. The circulating supply stands at approximately 49.4 billion CKB, representing 98.33% of the supply issued to date (point-in-time), with a dilution overhang of roughly 1.70% of supply still pending issuance (point-in-time), suggesting relatively little incremental supply pressure from future issuance alone.
Written from the figures on this page by an AI language model and reviewed against them. It contains no view on price.