Ultima

Ultima is the native infrastructure token of the Ultima ecosystem, a Layer 1 blockchain network that positions itself as a digital currency for everyday transactions worldwide. It targets anyone seeking a low-cost, fast payment rail, particularly the more than 2.8 million community members the project reports across 120 countries. The ecosystem also includes DeFi products, a marketplace, and products in development such as a crypto debit card, exchange, and crowdfunding platform.

The Ultima Smart Blockchain uses a Delegated Proof of Stake consensus mechanism, where token holders delegate their stake to validators who produce blocks. The network is described as processing up to 2,000 transactions per second with a new block created every three seconds and low transaction costs. ULTIMA tokens are also used within DeFi-U, the ecosystem's staking product, where participants can earn staking rewards denominated in ULTIMA.

The data provided does not include a fee revenue stream, so fee-based measures such as fee yield or protocol revenue that this site may track for other assets are not applicable here. What the data does show is a circulating supply of 84,708 ULTIMA out of a maximum of 100,000 tokens, meaning 84.708 percent of the total supply is already in circulation at this point in time. The remaining roughly 18.05 percent of supply not yet issued represents a dilution overhang, and the ratio of fully diluted value to market capitalisation stands at 1.18 at this point in time, reflecting that remaining share. ULTIMA tokens are issued as staking rewards through DeFi-U, which is the primary mechanism by which new tokens enter circulation.