ORDI

ORDI is a meme token that was among the first assets created using the BRC-20 token standard, an experimental framework for issuing fungible tokens directly on the Bitcoin blockchain through a mechanism called Inscriptions. It does not claim to solve a specific technical problem in the way infrastructure protocols do; rather, it emerged as a cultural and speculative artifact within the Bitcoin Inscription community. Its intended audience is participants in the Bitcoin ecosystem who wished to experiment with or engage in the novel idea of token issuance on Bitcoin itself.

ORDI exists as a BRC-20 token, meaning its supply and transfer records are inscribed as data onto individual satoshis on the Bitcoin blockchain, with Bitcoin miners providing settlement. The token also appears in the Solana ecosystem category, suggesting it has a presence or wrapped representation on that network as well. Beyond recording ownership on-chain, the token does not power a protocol, govern a system, or pay for computational resources in any documented way reflected in the stored data.

The stored data records no fee stream associated with ORDI — there is no protocol that collects fees, distributes revenue, or retains earnings tied to this token. This means that fee-based valuation measures common on this site are not applicable here. The entire circulating supply of 21,000,000 tokens is already issued, representing 100 percent of supply issued as of the point-in-time measurement, with zero dilution overhang and a fully diluted value equal to the market cap of approximately 83.4 million USD.