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About Numeraire
NMR is an Ethereum-based ERC-20 token used as a staking mechanism within the Numerai ecosystem. Its primary functions are:
Staking on predictions: Data scientists submit predictions and stake NMR tokens to express their confidence in their model’s performance.
Incentivising performance: Participants with accurate models on unseen data are rewarded in fiat currency and their NMR stakes are returned.
Penalty for poor performance: If the predictions underperform, the staked NMR may be destroyed (burned), introducing an economic cost to overfitting or poor modelling.
The token is not used to pay fees or access the platform. Instead, it serves as a mechanism to reveal users' confidence in their models and to align incentives across participants. The staking process is governed by a Dutch auction system that adjusts rewards based on performance and relative confidence.
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Learn About Numeraire
Will BitTorrent Coin Reach a Dollar? The Math Says No
BitTorrent (BTT) trades at about $0.00000032, with 987 trillion tokens already circulating against a 990 trillion cap. For a single BTT to reach $1, the token would need a market capitalization of $990 trillion - roughly 247x the entire cryptocurrency market at its all-time peak, and many times the value of the global stock market. This is not a matter of whether you like the project. Three things decide it: a supply wall of nearly a quadrillion tokens, daily volume around $7.4 million against a $316 million market cap, and a holder base concentrated in a handful of wallets. Each reason reinforces the others, and together they explain why a dollar is arithmetic fiction rather than a price target.
Mia HallandMay 20, 2026BitTorrent Price Prediction Through 2040 Based on File Sharing's Evolution
The BitTorrent token (BTT) is priced at $0.000000323572995 in mid-April 2026, down 90% from all-time high. The network this token rides on, however, sits on top of one of the biggest decentralized networks ever built: 573 million client installations and a newly upgraded decentralized file system (BTFS v4.0). So why the disconnect between BTT's network reach and its market valuation? Any legitimate BTT price prediction 2040 has to begin here, where real-world usage curves converge with an almost quadrillion token supply.
Crypto News NavigatorApr 20, 2026OpenLedger Built a Platform Most Crypto Users Never Heard Of
OpenLedger raised $8 million in seed funding from Polychain Capital and Borderless Capital, announced partnerships with Netmarble, Story Protocol, and LayerZero, and developed a native payment protocol that enables API endpoints to become passive income generating cash flows. And through all of this, barely anyone in the retail crypto world blinked an eye.
Crypto News NavigatorApr 8, 2026Often Discussed Alongside Numeraire
Tokens that appear with Numeraire in our academy articles.
Numeraire Market Data
The live Numeraire price today is $8.58 USD with a 24-hour trading volume of $835,101.65 USD. We update our NMR to USD price in real-time. Numeraire is up 0.86% in the last 24 hours.
The current market cap is $64,164,188.34 USD, ranking #263 by market capitalization. The circulating supply is 7,493,061 NMR out of a max supply of 11,000,000 NMR.