Provenance Blockchain

HASH is the native token of Provenance Blockchain, a layer-1 public blockchain built specifically for financial markets using the Cosmos SDK. The project launched in 2018 with the stated aim of modernizing legacy financial infrastructure by making it more transparent and accessible to both institutions and individual participants. It falls within the real-world assets category, meaning its primary focus is bringing traditional financial instruments such as loans, funds, and other securities onto a blockchain environment.

Provenance Blockchain uses a proof-of-stake consensus mechanism, where validators stake HASH to participate in block production and network security. The chain runs on the Cosmos SDK, which gives it sovereignty as an independent blockchain while allowing it to interoperate with other Cosmos-compatible networks. HASH is used to pay transaction fees on the network and to participate in governance decisions that shape how the protocol evolves.

The protocol collected 16,681 USD in fees over the most recent 24-hour period, 300,682 USD over the trailing 30 days, and 3,669,529 USD over the trailing 12 months, with fees annualized from the trailing 30 days coming to 3,658,297.67 USD. Fees have grown 13.95 percent over the last 30 days. However, the protocol recorded zero revenue in both the most recent 24-hour period and the trailing 30 days, meaning the portion of fees the protocol retains for itself was nothing in those windows, though trailing 12-month revenue stands at 799,115 USD. This distinction between fees paid by users and revenue retained by the protocol is important context for the market-cap-to-fees ratio of 130.74 and the fee yield of 0.76 percent shown on this page.