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Secret Overview
24h High
$0.08
24h Low
$0.08
24h Change
-0.96%
7d Change
+1.47%
30d Change
-9.54%
Volume 24h
$41.22K
Market Cap
$28.05M
Circulating Supply
335.05M SCRT
Secret News
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About Secret
Secret (SCRT) is the native token of the Secret Network, a decentralized platform specializing in privacy-preserving smart contracts. Originating from the Enigma project conceived at MIT by Guy Zyskind and Oz Nathan, Secret Network’s contracts keep data confidential while ensuring secure, verifiable transactions. SCRT is used for staking, governance, transaction and compute fees, and interacting with secret contracts. It allows holders to participate in network upgrades, parameter changes, and earn rewards, ensuring network integrity.
SCRT is multi-functional within the Secret Network:
- Staking: SCRT can be staked to earn rewards and secure the network. Validators and delegators participate in the consensus mechanism by staking SCRT, ensuring network integrity.
- Governance: SCRT holders can participate in governance by voting on network upgrades, parameter changes, and other proposals.
- Transaction and Compute Fees: Like gas in Ethereum, SCRT is used to pay for compute and transaction fees in the Secret Network.
- Privacy-Preservation: SCRT is used as a means to interact with secret contracts, enabling the functionality of private computations.
Secret Network originated from the Enigma project, which was initially conceived at MIT by Guy Zyskind and Oz Nathan, with the first whitepaper being published in 2015. The transition to what's now known as the Secret Network was part of an evolution and expansion of the original Enigma vision, with a more robust emphasis on privacy in decentralized applications.
Secret Markets
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Secret Platforms
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Secret Market Data
The live Secret price today is $0.08 USD with a 24-hour trading volume of $41,219.32 USD. We update our SCRT to USD price in real-time. Secret is down 0.96% in the last 24 hours.
The current market cap is $28,050,053.90 USD, ranking #449 by market capitalization. The circulating supply is 335,049,418 SCRT.