Introducing EOS

Exceptionally fast. Infinitely scalable.

EOS Token Icon
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What is the EOS Token?

The EOS token is the native utility token of the EOS blockchain. EOS provides its token holders with the following:
A fast and secure medium of exchange
An opportunity to shape the future of Web3
Access to EOS Network resources

A fast and secure medium of exchange

EOS is a global digital currency that enables the exchange of value across the EOS Network’s ecosystem of decentralized applications (dApps). It facilitates: transacting on decentralized finance (DeFi) protocols, buying and selling of verifiably owned digital art through NFTs, playing of value-generating games, and a whole host of other digital activities—all without the intervention of a central arbiter.

An opportunity to shape the future of Web3

EOS token holders enjoy special governance privileges on the EOS Network. They provide input into how the ecosystem’s resources are allocated by voting on various issues, and, in so doing, they directly participate in forging the path forward for the EOS Network and the Web3 economy as a whole.

Access to EOS Network resources

The EOS token is also used to purchase or rent access to network bandwidth and storage capacity on the network—which are necessary to perform operations such as token transfers or the use of decentralized applications (dApps).

EOS Stats

24 Hour Trading Volume
Market Cap
Circulating Supply
All information is fetched from CoinGecko. Last updated .

EOS Network Metrics

Total EOS Wallets 5,949,957
32,425 / 30 days 0.55%
Staked / Unstaked 309,791,179
Total EOS Voters 97,077 Voters 201,957,229 EOS
17% of supply
RAM Usage 61.0 GB / 357.4 GB
RAM price per KB:
0.0174 EOS / kb ($0.02 / kb)
CPU Usage 5.000% used now
CPU price:
0.0001 EOS/ms/day ($0.00 USD/ms/day)
To explore $EOS metrics further, visit the EOS Authority blockchain explorer.

People Also Ask: Other Questions About EOS

What is EOS used for?

The EOS Network provides a world-class, robust, smart contract functionality that enables developers to build the best-in-class decentralized applications (dApps) easily, facilitating the open web of the future and, in so doing, powering the Web3 economy. EOS is designed to be exceptionally fast, infinitely scalable, and user-friendly for its developers and end-users.  EOS is unlocking use cases that are redefining sectors as diverse as finance, gaming, sports and art—at the retail and institutional level, and it is set to have a transformational impact beyond this domain.

How does EOS work and operate?

Capable of performing about 10,000 transactions per second on a global, decentralized network, EOS outpaces most other Layer-1s in maximum transactions per second. EOS’s performance is primarily due to its custom-built WebAssembly runtime engine that executes smart contract code. A flexible architecture built around a core smart contract layer means the EOS Network is highly adaptable and can easily adopt improvements to the platform.

What are EOS token utility and maximum supply?

The EOS Network’s native token, EOS, is used to purchase or rent access to network bandwidth and storage capacity, to secure governance rights within the EOS Network, to transfer value on native applications, and to account for value by investors and speculators. EOS has a 3% rate of inflation with no limited max supply. There is a current total supply of 1.14B EOS tokens, with a circulating supply of 1.08 B.

Is EOS proof-of-stake (PoS)?

Delegated Proof Of Stake (DPoS) is the underlying consensus mechanism of EOS. While anyone can run a node to fully validate the EOS blockchain in a trustless manner, only special, selected entities known as Block Producers (BPs) are allowed to produce blocks and determine the canonical blockchain. Unlike Proof Of Stake (PoS), the validating entities taking part in the consensus process, the BPs are not required to lock up tokens. Instead, individual token holders delegate their share of tokens to their preferred BP candidates. The top 21 candidates ranked by aggregate delegated token stake are selected as the active block producers.  Token holders can change their delegations at any time, and within minutes the selection of the 21 active BPs can automatically change. So the BPs only maintain their privileges for as long as the delegating token holders continue to trust them to carry out their responsibilities. In DPoS, each active block producer has a limited time window under which they have to publish a new block. Suppose an active BP continually misses their block creation times or consistently produces blocks that are missing expected transactions. In that case, EOS token holders, using their stake, can change their delegations to replace them with better block producers that are on standby. The primary benefit of having such a consensus mechanism is that the EOS Network can consistently maintain a low latency in transaction processing while minimizing missed blocks due to networking issues by having a relatively stable set of active professional BPs who optimize their infrastructure for good performance.  A secondary benefit is that the 21 active BPs effectively act as representatives of the token holders, which allows them to efficiently reach governance decisions through on-chain multisig approvals for issues such as activating consensus upgrades to enhance the blockchain protocol or adding new features provided by system-managed smart contracts. Here is an example of how EOS’ underlying DPoS consensus mechanism enabled BPs to intervene and freeze stolen funds.

What makes EOS different from others?

The EOS Network’s core infrastructure is designed to provide developers with the flexibility, reliability and security they need to bring their ideas to fruition. The following are some of the ways that the EOS Network sets you up for success: 
  • EOS is infinitely scalable: Its underlying Antelope infrastructure focuses on developing architectural systems capable of supporting an ever-increasing number of applications and onboarding a growing number of users. Anyone can onboard, scale up, and flourish on the EOS blockchain!
  • EOS as a tool is application-flexible: EOS was purposely designed to augment its network’s flexibility and diverse use-case applicability. Therefore, developers on EOS are well equipped with the tools they need to bring to life whatever they envision. Such flexibility enables developers to accommodate leading use cases as they continue to emerge in the Web3 space. 
  • EOS is high performing: Having been built to enable fast, quick to finality and cost-free transactions, EOS allows developers to do more and waste less by effortlessly optimizing and integrating digital resources.
  • EOS is reliable: EOS is considered one of the most reliable blockchains today. With zero downtime since June 2018, EOS is among the longest-running blockchains alongside the likes of Bitcoin and Ethereum.
  • EOS is constantly innovating: The EOS blockchain features upgradable smart contracts, advanced permission schemas, forkless upgrades, time-based and custom-weighted MSIG functionality built into the protocol itself, re-keying accounts, as well as functionality that empowers dApps, smart contracts or other users of the network to pay for the on-chain resources of another network participant. 
EOS has a cyber-security response program: In a space already marred by exit scams, meme coins, and moon boys, the more than $2b in DeFi hacks in 2022 alone represent an unacceptable risk to smart money looking for growth opportunities in the emerging blockchain industry. Recover+ (R+) is a cyber-security portal and rapid incident response program within the EOS Network. It is designed to safeguard EOS DeFi projects and their users through the use of bug bounties and white-hat incentives. Recover+ also offers an avenue to move swiftly and recover stolen funds in the event of a malicious hack. Here’s an example of how Recover+ recently intervened and froze stolen funds.

What is next for the EOS Network?

The EOS ecosystem has experienced a strong resurgence of development and community activity, with engineers, creatives, industry thought leaders, and other contributors supporting the ecosystem and building a wide array of dApps. Here is a peek into some of the next-level developments on the horizon for EOS:
  • Next-generation GameFi: Leveraging the unique performance, scalability, and flexibility of EOS to create unmatched, native Web3 GameFi experiences for both users and developers.
  • The future of organization: A robust suite of tools for deploying DAOs tailor-made for communities and organizations that want to level up.
  • Resilience through Collaboration: Leading edge trustless Inter-Blockchain Communication (IBC) to facilitate interoperability between Antelope-based chains while increasing cross-chain economic synergies and cultivating a thriving EOS ecosystem.
  • Instant Finality: Ensuring the swift irreversibility of transactions on the network such that all transactions reach finality within no longer than 6 seconds.
  • Venture Capital: With a mission to attract capital investment and deploy that capital for the benefit of the EOS Network as a whole, EOS Network Ventures (ENV) is poised to open the floodgates of opportunity for projects building on EOS by making strategic equity and token-based investments into tech startups across the Web3 space, with a focus on GameFi, the metaverse, eSports, NFTs, fintech Web3 businesses, and entrepreneurs building on the EOS public blockchain.

How to get involved within the EOS ecosystem?

If you are interested in learning more about projects in the EOS global ecosystem or want to build on the EOS Network, the ENF offers a myriad of opportunities for you to start learning, earning, and developing in the world of Web3.

Through direct grants, sponsored working groups, and long-term product development, the EOS Network Foundation takes a birds-eye view of the EOS Network to ensure that funding flows freely to projects and products that contribute to the growth, development and worldwide adoption of EOS as the open web of the future. This creates positive-sum games, which allow EOS to continue maturing as a best-in-class blockchain ecosystem.

Learn more about the EOS Ecosystem and how to start your journey with the EOS Network.

How to create an EOS Account?

An EOS account created by a user is directly stored in the RAM of the EOS blockchain, rather than in a wallet. This requires payment for the account due to the RAM needed. There are two ways to create an EOS account – by paying for it or through sponsorship. EOS wallets function as authenticators for transaction signatures. The private key enables access to the EOS account via any official EOS wallet or authenticator. To view or search for an EOS account, users can utilize various block explorers such as, and EOSX. These explorers provide different features that can be utilized with an EOS account. By entering the EOS account name in the search bar, users can view their EOS account and its associated information. Visit our EOS Support page for other options to create an EOS account.

What projects are being built on EOS?

The EOS community is composed of blockchain enthusiasts—including individuals and institutions—that build, collaborate, and innovate to bring new applications and business models to the market. Currently, EOS powers some of the most used applications in all of blockchain (Upland, for example). Because of the speeds and low costs of EOS, developers are able to create applications which they normally would not be able to on other networks.

How does EOS manage fees?

Unlike other networks which take a fee per-transaction, transaction fees on EOS are paid in batches based on your expected usage. This means you have to manage fees less, and get more. Applications can also easily sponsor your usage of the network both in terms of network costs and storage costs. It is one of the most flexible networks in existence.

What does governance look like on EOS networks?

Typically EOS networks operate under a delegated proof-of-stake governance model, where the parameters of exactly how many delegates are involved, and other factors, can be altered by a network architect. However in private implementations, this governance method may vary by the operators. Since governance on Antelope is highly configurable, the default state is Asynchronous Byzantine Fault Tolerance Delegated Proof of Stake, it can be configured in a number of ways to meet a given particular use case.

Where can I learn more about EOS product releases?

EOS is an evolving platform built to facilitate the deployment and operation of reliable, secure, and scalable decentralized applications. We continue to address developer and industry needs while enhancing the overall capabilities of EOS, to make it faster, more configurable, reliable, and accessible to a wider range of developers as well as public and private institutions.  To learn more about EOS product releases, check out the latest news here.

Why build on EOS? How is it different from other blockchain technologies?

EOS is an open-source platform that stands out with its exceptional transaction speeds (10,000+ TPS), built-in governance capabilities, multi-signature support, account management systems, upgradeable contracts by default, 500ms block times, and low costs. The flexibility of the EOS blockchain allows developers to deploy production grade applications with ease using multiple languages and environments.

How do I get started on EOS?

Learn, build, and deploy on EOS with our Learn and Earn portal. Our programs empower developers, administrators, and other blockchain enthusiasts to learn core concepts and explore the capabilities of EOS.

What prerequisites do I need to build on EOS?

Building on EOS requires you to know the basics of programming, as well as a basic understanding of the network. That is why we have a variety of documentation and tools available to help you learn, whether you are a novice or an expert. Visit the Developer Documentation to get started.

Where can I find documentation for EOS?

Documentation for EOS can be found on the Developer Documentation. Get started developing smart contracts on EOS easily with both EOS native tooling in C++ or EOS EVM tooling in Solidity.

What is EOS Network and who governs it?

The EOS Public Blockchain was created by thousands of developers around the globe who harnessed the power of Antelope to write the future. Today, it is among the most active public blockchains in the world. The EOS Network is governed by the token holders who vote and select block producers, as well as the block producers themselves who participate in validating transactions and securing the chain.

What is the EOS token?

The EOS token is the native utility token of the EOS blockchain. 

Where can you store EOS?

As an EOS token holder, the safety of your funds is of utmost importance to us. Using the following wallets, you can ​​safely store your public and private keys, send and receive EOS, monitor your balance, and interact with the EOS Network. 
  • Anchor wallet
  • Wombat
  • TokenPocket

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