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Nym Token Overview
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About Nym Token
NYM tokens serve a dual role within the platform:
- Incentivization: Node operators and other participants in the ecosystem are rewarded with NYM tokens for maintaining and ensuring the smooth operation of the network.
- Staking: To ensure the legitimacy and commitment of node operators, a staking mechanism is employed, where a certain number of NYM tokens need to be locked up as a form of collateral.
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Learn About Nym Token
Succinct PROVE Demand Reaches Beyond Rollups
Succinct (PROVE) is the native ERC-20 utility and governance token of the Succinct Prover Network, a decentralized marketplace where applications submit zero-knowledge proof requests and a global network of provers competes to fulfill them, settling on Ethereum and powered by SP1, Succinct Labs' open-source zkVM that lets developers write provable programs in standard Rust. PROVE trades around $0.27 with a market cap near $52.5M, ranked #482 on CoinGecko, with a circulating supply of 200 million against a 1 billion max supply. The token currently sits roughly 84% below its August 2025 ATH of $1.71. Succinct partnerships span Optimism, Arbitrum, Base, Polygon, Mantle, Celestia, and Lido, securing several billion in digital assets across blue-chip protocols. The May 2026 Base Azul upgrade routes $7.4 billion in Base deposits through SP1 zero-knowledge proofs.
How Threshold Signatures Fix Bitcoin Custody
Each time a user mints tBTC on Threshold Network, decentralized committees of automated nodes jointly sign a Bitcoin transaction without any single node ever possessing the full private key. The user experience, by design, is seamless and uncluttered. Under-the-hood, threshold signatures distribute cryptographic responsibility to tens of machines so the system as a whole is trustless. This silent threshold cryptography layer is rapidly becoming the load-bearing infrastructure for decentralized Bitcoin custody, cross-chain bridges, and a long list of DeFi integrations.
Nym Protects the Privacy Layer Monero and Zcash Can't
There are four privacy projects claiming to have you covered. They each protect different aspects of your privacy. Monero hides what you send, Secret Network keeps smart contract data encrypted, Zcash keeps hidden who paid whom. But Nym neither hides nor encrypts transactions. Instead the Nym protocol anonymizes the fact that you're on the internet and the path your data takes through it.
Often Discussed Alongside Nym Token
Tokens that appear with Nym Token in our academy articles.
Nym Token Market Data
The live Nym Token price today is $0.02 USD with a 24-hour trading volume of $12,092.26 USD. We update our NYM to USD price in real-time. Nym Token is down 0.47% in the last 24 hours.
The current market cap is $15,523,697.28 USD, ranking #577 by market capitalization. The circulating supply is 835,376,774 NYM out of a max supply of 1,000,000,000 NYM.