Pearl

Pearl is a Layer 1 blockchain that uses a mechanism it calls Proof-of-Useful-Work, in which the computational effort required to secure the network is drawn directly from artificial intelligence workloads such as training and inference runs. The idea is that GPU operators do not waste energy on arbitrary puzzles but instead perform matrix-multiplication work that is simultaneously useful for AI tasks and valid as proof-of-work. The protocol is aimed at anyone running GPU-intensive AI workloads who might otherwise expend separate energy budgets for mining.

Rather than running conventional proof-of-work alongside AI computation, Pearl's design makes the core GPU operation — matrix multiplication — serve as both the AI workload and the mining proof in a single pass, which the project describes as a two-for-one arrangement. The PRL token lives on this native Layer 1 chain and is described as the atomic unit that ties together energy, data, and monetary value within the protocol. The consensus algorithm field in the site's data is not populated, so the precise consensus specification beyond the Proof-of-Useful-Work category label is not confirmed here.

The data stored on this site does not include a fee-stream record for Pearl, meaning there are no figures available for protocol revenue, fee payers, or fee recipients. As a result, fee-based valuation measures that this site calculates for other assets cannot be produced for Pearl at this time. What the data does show is that roughly 12.15 percent of the maximum supply of 2,100,000,000 tokens is currently circulating, leaving a dilution overhang of approximately 723.38 percent relative to the current circulating supply, and the fully diluted valuation sits at about 8.23 times the current market capitalisation of roughly 71.5 million USD.