ORDI

ORDI is a meme token that originated as the first BRC-20 token inscribed on the Bitcoin blockchain, a standard that allows fungible tokens to be created and tracked using Bitcoin's Ordinals inscription protocol. It does not claim to solve a conventional financial or technical problem; rather, it functions as a cultural and speculative artifact within the Bitcoin and broader cryptocurrency community. It has also gained presence in the Solana ecosystem, reflecting its cross-chain reach.

ORDI was created using the BRC-20 token standard, which encodes token data directly onto individual satoshis — the smallest units of bitcoin — through the Ordinals inscription mechanism, with settlement ultimately occurring on the Bitcoin network. The token itself has no independent consensus algorithm or block time, as it relies entirely on Bitcoin's proof-of-work infrastructure for finality. Beyond representing ownership of an inscribed position, the token does not power a protocol, govern a system, or provide utility within a defined application.

The data stored for ORDI contains no protocol fee stream — there are no fees collected, no fee recipients identified, and no revenue figures available, which means fee-based valuation measures that this site might apply to other assets are not applicable here. The entire circulating supply of 21,000,000 tokens is already issued, representing 100% of supply issued as of the point-in-time reading, with zero dilution overhang and a fully diluted value equal to the current market capitalization of approximately 101,828,457 USD. Trading activity provides the only observable economic signal, with 24-hour turnover recorded at roughly 33.2% of market capitalization and a 30-day average daily volume at approximately 16.9% of market capitalization.