Ontology

Ontology is a Layer 1 public blockchain launched on 26 February 2018 by the Chinese firm OnChain, whose founders also created the NEO blockchain. It describes itself as a distributed trust collaboration platform designed to help businesses of all sizes integrate blockchain technology into their existing operations without requiring a complete overhaul of current systems. The network supports smart contracts and offers tools such as a distributed digital identity framework and a distributed data exchange protocol, targeting enterprises that want to adopt blockchain infrastructure incrementally.

Ontology operates under a Proof of Stake consensus model and also incorporates a masternode structure, meaning validators stake tokens to participate in securing the network and producing blocks. The ONT token functions within this system and the network runs an EVM-compatible environment, recorded in the data as the OntologyEVM chain. The full circulating supply of 1,000,000,000 ONT is already in circulation, and because no maximum supply figure is stored, the long-run issuance schedule beyond the current 100 percent issued figure is not defined in the available data.

The data records a total value locked of 1,552.38 USD at the point of measurement, which is an extremely small amount relative to the network's market capitalisation of 50,601,246 USD, producing a market-cap-to-TVL ratio of 33,421.43 and an identical fully diluted value-to-TVL ratio given that fully diluted value equals market capitalisation. No stablecoin supply is hosted on the network at the point of measurement. Because the stored data does not include a fee revenue figure, fee-based measures that this site would normally calculate — such as price-to-fees or fee yield — cannot be presented for Ontology, and readers should note that absence rather than assume a fee stream exists.