Altlayer
$0.008213
2.6%(24h)Today
2.6%
30 Days
25.9%
Price Change (24h)
$0.000211
View on TradingView
Price of Altlayer Today
The live price of Altlayer is $0.00821348 per ALT/USD, +2.64% in the last 24 hours. It has a market cap of $45.04M and $3.92M in trading volume over the same period. Prices are averaged across every exchange we track and update continuously. ALT has a circulating supply of 7.13B.
Current price
$0.0082134824h high
$0.0086300024h low
$0.0078600024h
+2.64%7d
+4.40%30d change
+25.95%ALT Market Stats
Rank
#492
By market cap
Market Cap
$45.04M
24h Volume
$3.92M
Across 7 exchanges
FDV
$82.13M
If all tokens were issued
Circulating Supply
7.13B ALT
71.3% of max supply issued
Total Supply
10B ALT
Max Supply
10B ALT
Listed on
7 exchanges
Website & Community
Where to buy Altlayer
Altlayer is available on 7 exchanges. Prices shown are live.
| Exchange | Pair | Volume | Trade |
|---|---|---|---|
| Binance | ALTUSDT | $372.73K | Buy ALT on Binance |
| Bybit | ALTUSDT | $136.94K | Buy ALT on Bybit |
| LBank | alt_usdt | $96.71K | Buy ALT on LBank |
| Gate | ALT_USDT | $68.40K | Buy ALT on Gate |
| Bitget | ALTUSDT | $11.44K | Buy ALT on Bitget |
| KuCoin | ALT-USDT | $4.19K | Buy ALT on KuCoin |
| Coinbase | ALT-USD | $1.42K | Buy ALT on Coinbase |
Price: $0.00821348 — Price Source: 7 exchanges
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What is Altlayer?
Altlayer is a decentralized protocol designed for rollups, introducing a concept called restaked rollups. This approach applies to rollups built on various frameworks, such as OP Stack, Arbitrum Orbit, Polygon CDK, and ZK Stack. By using a restaking mechanism, it aims to strengthen security, decentralization, interoperability, and provide crypto-economic fast finality.
The protocol's native token, ALT, serves multiple functions within the ecosystem. It is used for economic bonding, where it can be slashed alongside restaked assets if malicious behavior occurs. ALT holders also participate in governance voting, and operators earn ALT as rewards for their services. Additionally, network participants pay fees for intra-network services using ALT. The core offering is built around three main products: VITAL, an actively validated service that verifies blocks and raises fraud proofs; MACH, which provides faster finality by allowing operators to restake Ethereum-based assets; and SQUAD, which offers decentralized sequencing with economic backing.
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Altlayer secured $22.8 million through two private token sale rounds, selling 18.50% of the total ALT supply at different prices. Its investors include Polychain Capital, Binance Labs, Jump Crypto, and Breyer Capital, among others. As of January 17, 2024, the total token supply is 10 billion ALT, with an initial circulating supply of 1.1 billion upon listing.