Nervos Network
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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.
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