Snek

Snek is a meme token living on the Cardano blockchain, positioned by its creators as a cultural movement and a currency intended for meme creators worldwide. Its stated purpose is less about solving a technical problem and more about building community identity and shared culture within the Cardano ecosystem. It falls squarely in the meme-token classification, meaning its value proposition is social and cultural rather than rooted in utility or protocol revenue.

Snek is a fungible token issued on the Cardano network, which means it settles on Cardano's proof-of-stake infrastructure rather than running its own consensus mechanism — the block time recorded here is zero because Snek itself has no independent chain. The token functions as a transferable digital asset within Cardano wallets and decentralized exchanges that support the Cardano token standard. Beyond that, the data stored here does not describe a governance system, staking mechanism, or on-chain utility tied to the token.

The data held on this site does not include any fee stream, revenue model, or protocol treasury for Snek, which is consistent with its meme-token classification. There are no recorded figures for fees collected, fees paid by users, or distributions to token holders, meaning the fee-based measures that appear for other assets on this site are not applicable here. The token's near-complete supply situation — 99.28% of supply issued at the point-in-time measurement, with a dilution overhang of just 0.73% — means future issuance pressure from new token releases is minimal.