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Nervos Network Price

(CKB)

AUD(A$)

A$0.001221
0.00%(5m)

1m5m15m1h8h1d1W
Nervos Network (CKB) Live Price Chart

    Nervos Network Live Price Data

    The live price of Nervos Network is A$0.001221, with a total trading volume of A$ 56,735 in the last 24 hours. The price of Nervos Network changed by +4.22% in the past day, and its AUD value has increased by +5.1% over the last week. With a circulating supply of 49.29B CKB, the market cap of Nervos Network is currently 42.46M AUD, marking a +4.22% increase today. Nervos Network currently ranks #380 in market cap.

    How do you feel about CKB today?

    Note: This data is for reference only.
    pk

    CKB(CKB) Profile

    altRank380
    rateBB
    Expand
    A$0.001171
    A$0.001233
    ATH
    A$0.06236
    Price Change (1h)
    +0.34%
    Price Change (24h)
    +4.22%
    Price Change (7d)
    +5.10%
    Market Cap
    24h Volume
    Circulating Supply
    49.29B
    Max Supply
    --

    About Nervos Network

    • What Is Nervos Network (CKB) Crypto?

      The Nervos Network, or the Nervos CKB (Common Knowledge Base), is a public, permissionless Layer-1 blockchain that manages data and assets in a highly secure and decentralized manner. The Nervos blockchain forms the base layer of the Nervos ecosystem, while Layer-2 solutions built on top of its infrastructure offer scalability and near-instant transaction times.

      The Nervos CKB also serves to store value within the Nervos Network in a public, secure, and censorship-resistant manner. It offers decentralized custody services for assets, identities, and other common knowledge created on Nervos.

      Nervos aims to offer a multi-layer architecture developed with security and decentralization at its core. It aims to be a blockchain platform for universal applications, going beyond trying to achieve blockchain interoperability.

      CKByte or CKB is the native token of Nervos, and each CKByte token allows its holder access to one byte of data storage on the decentralized network. The CKB token also serves as the currency of the Nervos blockchain and is used to pay transaction and computation fees.

    • How Does Nervos Network Work?

      Nervos supports smart contract functionality and can run decentralized applications (dApps) on its blockchain. The developer-friendly blockchain can host dApps programmed in popular languages, including JavaScript, Rust, and C.

      Nervos lets dApps store data and state on-chain, allowing developers a platform for building complex applications and programs. They can also issue customized tokens on the Nervos Network conveniently.

      All applications running on the network need CKB-VM for operations. This is a high-performance RISC-V virtual machine where developers can design and build dApps in a convenient and flexible environment. CKB-VM also supports multiple instances that can execute different smart contracts concurrently, supporting scalability on Nervos via parallelization.

      The Nervos blockchain utilizes a Proof-of-Work (PoW) consensus algorithm called NC-MAX. Built using Bitcoin’s Nakamoto Consensus, NC-MAX offers higher throughput, lower confirmation times, and higher efficiency than the Bitcoin network. Its throughput is already 10x that of Ethereum, and Layer-2 solutions could increase this figure significantly.

    • History of Nervos Network and CKB Coin

      Nervos was launched in 2018 to improve Layer-1 scalability, especially on blockchain networks that supported smart contracts. The Nervos mainnet launch took place in November 2019.

      The project is being developed by a team of over 95 developers with varied backgrounds spanning engineering, cryptography, token economics, and community building. Following its mainnet launch, the team added vital features, including Forcebridge Ethereum and Forcebridge Binance Smart Chain, and launched Godwoken - an EVM-compatible Layer-2 network built on the Layer-1 Nervos blockchain.

      The Nervos Network underwent a hard fork in 2022 to launch a new Mirana mainnet. The layer-2 network Godwoken was upgraded and spun off into an independent organization. The new version of the layer-2 solution offered Ethereum equivalence for 100% compatibility with the Ethereum blockchain.

      The developers also worked on Axon, a sidechain SDK. This layer-2 sidechain was designed for dApps that require high throughputs, such as gaming or social networking, with access to its data availability layer instead of storing data on the layer-1 Nervos CKB network.

    FAQ

    How much is 1 Nervos Network (CKB) worth?
    KuCoin provides real-time AUD price updates for Nervos Network (CKB). Nervos Network price is affected by supply and demand, as well as market sentiment. Use the KuCoin Calculator to obtain real-time CKB to AUD exchange rates.
    Is Nervos Network a Good Investment?

    Nervos CKB token could be an interesting crypto asset to invest in, especially if you believe in the potential of Web3 and scalable blockchain ecosystems. The project is designed to provide innovative solutions to make dApps more scalable and suited for real-world applications.

    The rising mainstream adoption of Web3 technology could increase the demand for robust ecosystems like Nervos, supporting the CKB token price in the market. An increase in developers building dApps on Nervos’s layer-1 and layer-2 solutions could drive up the demand for its CKB token and increase the value of Nervos token as an investment.

    The Nervos Network price could also increase as developers roll out new upgrades and additional features that make the blockchain more attractive for developers and consumers. This could further drive up on-chain activity and increase the value of CKB crypto.

    Can Nervos Network Reach $1?

    The CKB token price trades well under the $1 mark as of March 2023, below its all-time high price of $0.04412. One of the reasons for this value is the extremely high circulating supply of the $CKB crypto, which stands at just under 40,000,000,000.

    For the Nervos Network price to reach $1, the project’s market cap could touch $40 billion - an extremely high valuation. Suppose the developers implement token-burning mechanisms or update the CKB tokenomics to reduce the token’s total supply. In that case, the price of Nervos CKB could cross the critical level of $1 in the future.

    While it is impossible to offer an accurate CKB price prediction over any duration, several fundamentals can substantially impact the Nervos token's value. Some factors to monitor include the level of adoption of the blockchain by developers and users, future developments such as network upgrades, investments, partnerships, and integrations, and the overall sentiment in the crypto market.

    What Is CKB Token Used For?

    CKB is the native token of the Nervos CKB layer-1 network. It has the following use cases:

    Store of Value

    You can invest in and hold CKB, treating it like a store of value similar to Bitcoin. This is especially effective if you believe in the long-term potential of the Nervos blockchain and token and practice HODLing as a strategy to grow your crypto portfolio.

    Utility Token

    CKB is required to pay for storage on the Nervos Network, with 1 CKB giving you access to 1 byte of storage on the decentralized network. You can also use CKB to pay for executing smart contracts and storing or renting space on the blockchain.

    Mining

    As a PoW blockchain, the Layer-1 Nervos blockchain relies on miners to validate transactions and produce new blocks that record the transactions and mine CKB coins. Learn more about how to mine CKB in this official guide.

    Crypto Asset to Trade

    Trade Nervos CKB against other cryptocurrencies to profit from changing market conditions and volatility. Check the current price of Nervos Network, CKB current market cap, current circulating supply, and 24-hour trading volume, and perform technical, sentiment, and fundamental analysis on the CKB price chart before trading Nervos coin.

    Earn Passive Income on KuCoin

    You can also grow your CKB holdings securely and efficiently with KuCoin Crypto Lending. Visit this section of our platform to lend liquidity in CKB to KuCoin and earn attractive daily interest over seven days, 14 days, or 28 days.

    How to Stake CKB on Nervos Network

    CKB holders can lock their tokens in the Nervos DAO to participate in the decentralized governance mechanism of the blockchain and earn yield to grow their portfolio. Here’s how to stake CKB on Nervos DAO:

    1. Visit the Portal Wallet - the official wallet of the Nervos ecosystem, and connect your MetaMask wallet to the dApp. Ensure your wallet is sufficiently funded with tokens by buying Nervos tokens on KuCoin or other supported platforms and withdrawing them to your wallet.

    2. Click on the DAO option under the Assets tab on the homepage.

    3. Enter the number of CKB tokens you wish to lock for yield in the Nervos DAO on the next page after reviewing the latest Annual Yield Rate.

    4. Confirm the transaction using your wallet.

    5. Sit back, earn rewards, and grow your holdings by staking CKB on the Nervos DAO.

    What Consensus Algorithm Does the Nervos Network Use?

    Nervos uses a Proof-of-Work (PoW) consensus algorithm called NC-MAX, based on Bitcoin’s Nakamoto consensus. The proprietary consensus mechanism offers exemplary levels of security and decentralization while using network bandwidth most efficiently.

    The Nervos consensus algorithm builds on Bitcoin’s consensus to offer better block propagation, throughput, and resistance to efforts of selfish mining. By opting for PoW over Proof-of-Stake (PoS) consensus, Nervos also overcomes potential challenges such as attempts of monopolization in the future, superior security, and deterministic rewards for network nodes.

    Unlike Bitcoin’s PoW consensus, however, the Nervos Network’s NC-MAX consensus mechanism offers higher throughput and lower confirmation times and leverages layer-2 solutions to increase the ecosystem’s TPS exponentially. The layer-1 Nervos network offers a transaction processing speed ten times faster than Ethereum.

    How to Add Nervos Network to MetaMask

    MetaMask is one of the most popular Web3 wallets in the crypto market and supports the EVM-compatible Nervos blockchain. Here’s how you can connect Nervos to MetaMask:

    1. Create a wallet on MetaMask if you are a new user, and configure it by obtaining your seed phrase and storing it securely.

    2. Click on the circle on the top right of your MetaMask wallet account and head to Settings.

    3. Click on Networks on the next page and scroll down to click the ‘Add a network’ button.

    4. Select the option to add a network manually and enter the following details:

    i. Network Name: Godwoken Polyjuice Mainnet

    ii. New RPC URL: https://mainnet.godwoken.io/rpc/eth-wallet

    iii. Chain ID: 71394

    iv. Currency Symbol: CKB

    5. Click on Save to successfully add Nervos Network to your MetaMask wallet.

    What is the all-time high price of Nervos Network (CKB)?

    The all-time high price of Nervos Network (CKB) is A$0.06236. The current price of CKB is down 98.04% from its all-time high.

    What is the all-time low price of Nervos Network (CKB)?

    The all-time low price of Nervos Network (CKB) is A$0.001128. The current price of CKB is up 8.20% from its all-time low.

    How much Nervos Network (CKB) is there in circulation?

    As of 8 9, 2026, there is currently 49.29B CKB in circulation. CKB has a maximum supply of --.

    How do I store Nervos Network (CKB)?

    You can securely store your Nervos Network in the custodial wallet on the KuCoin exchange without having to worry about managing your private keys. Other ways to store your CKB include using a self-custody wallet (on a web browser, mobile device, or desktop/laptop computer), a hardware wallet, a third-party crypto custody service, or a paper wallet.