Zilliqa

Zilliqa is a Layer 1 blockchain network whose native token is ZIL, launched on mainnet in January 2019. It is designed for developers and users who need a high-throughput smart-contract platform without the congestion and elevated fees that have historically affected larger networks such as Bitcoin and Ethereum. The core claim is that its architecture allows transaction capacity to grow faster than the number of participants joining the network.

Zilliqa addresses throughput by using sharding, a technique that divides the network's miners into smaller groups, called shards, that process transactions in parallel so that consensus is reached more quickly across many subsets simultaneously. The network uses an Ethash consensus algorithm, the same proof-of-work scheme originally associated with Ethereum, to secure the chain. ZIL is the token used to pay for computation and transactions within the network and to reward the miners who operate those shards.

The protocol generated 1.84 USD in fees over the most recent 24-hour period, 9.62 USD over the trailing 7 days, and 34.87 USD over the trailing 30 days, with that 30-day figure representing a 124.39 USD change relative to the prior comparable period. Annualizing the trailing 30-day run rate produces an estimated 424.25 USD per year in fees, which against the current market capitalization yields a fee yield of roughly 0.000562 percent. Those fees are paid by users submitting transactions and smart-contract calls to the network. The protocol hosts no stablecoin supply at this time, and the absolute fee figures are very small in dollar terms, meaning the fee-based measures on this page reflect a network with minimal economic throughput at present.