Venom

Venom is a layer-0 blockchain network designed to handle very high transaction volumes through a dynamic sharding approach and a technology called Mesh, which sets communication standards so that compatible networks can pass messages to one another reliably. It targets use cases where payment infrastructure needs to scale to a large number of users, including central-bank digital currencies, asset tokenization, trade finance, and services for people who do not have access to traditional banking. The VENOM token is the native asset of this network.

Venom uses a Threaded Virtual Machine, known as TVM, which processes smart contracts asynchronously rather than one at a time, and developers write those contracts in T-SOL, a language modelled on Solidity. The network is not compatible with the Ethereum Virtual Machine, so it operates as a distinct execution environment that claims throughput exceeding 100,000 transactions per second through its sharding design. The consensus algorithm is not recorded in the data held here, so no further mechanical detail about block production can be stated.

The data held on this site does not include a fee revenue figure for Venom, so it is not possible to describe who pays fees, who receives them, or what the protocol retains. What the data does record is a total value locked of 546,880 USD at the point of measurement, a market-cap-to-TVL ratio of approximately 105.9, and a fully diluted value-to-TVL ratio of approximately 336.9; without a fee stream to anchor those ratios, they reflect the relationship between capital in the network and market pricing rather than any earnings-based measure. The circulating supply of roughly 2.32 billion tokens represents about 28.95 percent of the maximum supply of 8 billion, leaving a dilution overhang of approximately 218 percent relative to the current circulating supply.