AZERO is the native token of the Aleph Zero blockchain, a Layer-1 platform focused on privacy, scalability, and security. The AZERO token plays a key role in the Aleph Zero ecosystem and is primarily used for the following purposes:
- Validator staking: Users can stake AZERO to secure the network and participate in the consensus mechanism.
- Transaction fees: To pay for transactions on the network.
- Governance: Holders can participate in the network’s decentralized governance.
- Asset Wrapping and Bridging: AZERO can be used as collateral and to receive fee discounts when wrapping and bridging assets on Liminal.
What is the total supply of AZERO?
Total AZERO supply figures may vary slightly across different sources and at different points in time, but the following key data is provided for reference:
- Max Supply: 520 million AZERO.
- Total Supply: As of this writing, the total supply ranges from approximately 336 million AZERO to 405 million AZERO; the exact figure fluctuates dynamically.For example, CoinMarketCap shows a total supply of 336.23 million AZERO, while official Aleph Zero data indicates 405.01 million AZERO. KuCoin has previously stated that AZERO’s total supply is 300 million, with an annual inflation rate of 30 million.
- Circulating Supply: As of this writing, the circulating supply ranges from approximately 266 million AZERO to 355 million AZERO.CoinMarketCap shows 266.77 million AZERO, CoinGecko shows 266.77 million AZERO, Crypto.com shows 266.78 million AZERO, while Aleph Zero’s official information lists 355.95 million AZERO.These figures are subject to change over time and are for reference only.
It is important to note that AZERO has an annual inflation rate of 30 million tokens, which means its total supply will continue to grow. Users can view real-time AZERO supply data on specialized market platforms such as Svmuu.
On which exchanges is AZERO traded?
AZERO can be traded on several centralized cryptocurrency exchanges (CEXs). Major trading platforms include:
- MEXC: One of the most popular exchanges for trading AZERO, with high trading volume for the AZERO/USDT pair.
- KuCoin: Also a major platform for buying and trading AZERO.
- Gate.io: Supports the AZERO/USDT trading pair.
- HTX (formerly HTX)
- Bitrue
- Uphold
- BitGet
- Bitpanda
- BitMart
In addition, some platforms, such as SimpleSwap and Changelly, also offer exchange services for AZERO and other cryptocurrencies. When choosing a trading platform, users are advised to consider factors such as platform security, trading volume, fees, and user reviews based on their individual needs.
