MINA
MINA

Mina Protocol price

$0.19610
-$0.01140
(-5.50%)
Price change for the last 24 hours
USDUSD
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Mina Protocol market info

Market cap
Market cap is calculated by multiplying the circulating supply of a coin with its latest price.
Market cap = Circulating supply × Last price
Circulating supply
Total amount of a coin that is publicly available on the market.
Market cap ranking
A coin's ranking in terms of market cap value.
All-time high
Highest price a coin has reached in its trading history.
All-time low
Lowest price a coin has reached in its trading history.
Market cap
$240.44M
Circulating supply
1,226,133,861 MINA
99.99% of
1,226,235,367 MINA
Market cap ranking
101
Audits
CertiK
Last audit: Apr 19, 2021
24h high
$0.20840
24h low
$0.19570
All-time high
$9.6000
-97.96% (-$9.4039)
Last updated: Jun 1, 2021
All-time low
$0.18180
+7.86% (+$0.014300)
Last updated: Apr 7, 2025

Mina Protocol price performance in USD

The current price of Mina Protocol is $0.19610. Over the last 24 hours, Mina Protocol has decreased by -5.49%. It currently has a circulating supply of 1,226,133,861 MINA and a maximum supply of 1,226,235,367 MINA, giving it a fully diluted market cap of $240.44M. At present, the Mina Protocol coin holds the 101 position in market cap rankings. The Mina Protocol/USD price is updated in real-time.
Today
-$0.01140
-5.50%
7 days
-$0.01490
-7.07%
30 days
-$0.06890
-26.01%
3 months
-$0.38550
-66.29%

About Mina Protocol (MINA)

3.2/5
TokenInsight
3.2
05/31/2023
The rating provided is an aggregated rating collected by OKX from the sources provided and is for informational purpose only. OKX does not guarantee the quality or accuracy of the ratings. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly, and can even become worthless. The price and performance of the digital assets are not guaranteed and may change without notice. Your digital assets are not covered by insurance against potential losses. Historical returns are not indicative of future returns. OKX does not guarantee any return, repayment of principal or interest. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/ tax/ investment professional for questions about your specific circumstances.
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In the ever-evolving cryptocurrency landscape, the volume of data stored within blockchains is rapidly expanding. As individual blockchains grow, they amass an increasing number of transactions, which can pose challenges for certain projects seeking seamless scalability. Mina Protocol (Mina) is at the forefront of tackling this issue. Through its innovative consensus mechanism and efficient data processing capabilities, Mina is pioneering a path for widespread blockchain adoption.

What is Mina

Mina is a lightweight blockchain protocol designed to minimize storage requirements and maximize accessibility. Utilizing zk-SNARKs technology, Mina compresses its entire blockchain into a fixed size of approximately 22 kilobytes, often called a “succinct blockchain.”

Using zk-SNARKS, Mina has developed a payment-orientated blockchain that doesn’t require each node to record the complete record of historical transactions. This essentially lowers the computational requirements needed to support the network.

Additionally, Mina allows its users to access money from anywhere in the world. Thanks to their 22kb Mina chain, users can access peer-to-peer (P2P) stablecoins and tokens through a smartphone, enabling Mina users to enjoy the platform wherever they go.

The Mina team

Mina is developed by O(1) Labs, a team of experienced engineers, researchers, and entrepreneurs dedicated to creating innovative blockchain solutions. Evan Shapiro, the CEO and co-founder, leads the team along with CTO and co-founder Izaak Meckler.

How does Mina work

Mina relies on the zk-SNARKs technology, a form of zero-knowledge proof cryptography, to maintain a constant-sized blockchain. The protocol allows users to confirm they have certain data without revealing it to each other. For Mina specifically, it means the network does not have to verify a transaction with every block it creates. This ultimately reduces the amount of computational power required and increases the efficiency of the protocol.

Validators create and verify zk-SNARK proofs, which represent the current state of the blockchain, while stakers support the network’s security by delegating their MINA tokens to validators.

Mina Protocol’s native token: MINA

MINA is the native cryptocurrency of the Mina Protocol. It facilitates transactions, staking, and network governance.

MINA tokenomics

The maximum supply of MINA tokens is set at 3.79 billion. MINA tokens are distributed through various channels, including the initial token sale, community grants, the Mina Foundation, and team allocations. The token is vital for securing the network and incentivizing user participation.

Mina use cases

Mina allows developers to build decentralized applications (dApps) on the blockchain, ranging from financial services to games and social media platforms. Furthermore, through Mina’s Snapps (SNARK-powered apps), developers can create applications that interact with real-world data securely.

With Mina’s zero-knowledge proof method, users can validate transactions without revealing the associated information, ensuring privacy. To enhance user privacy even more, participants can leverage Mina to prove the authenticity of critical data without storing the actual data on the blockchain.

MINA distribution

MINA is distributed through various means, including:

  • 1.89 billion MINA tokens were sold in an initial token sale.
  • 1 billion MINA tokens were allocated to community grants, which will be used to support projects and initiatives that help the Mina ecosystem grow.
  • 500 million MINA tokens were allocated to the Mina Foundation, a non-profit organization responsible for overseeing the development and maintenance of the Mina protocol.
  • 200 million MINA tokens were allocated to the team that developed the protocol.

Mina’s road ahead

Mina is focused on building a more accessible and equitable internet. The team plans to continue refining its succinct blockchain technology and foster its vibrant community. Mina’s roadmap includes enhancing the development of Snapps, bolstering the robustness of the network, and forging strategic partnerships to expand Mina’s utility and ecosystem.

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Mina Protocol FAQ

How does Mina Protocol ensure a consistent blockchain size?

Mina Protocol achieves a constant blockchain size through the utilization of zk-SNARKs, a type of zero-knowledge proof cryptography. Validators within the network generate zk-SNARK proofs for each new block, succinctly representing the entire blockchain's state. This approach allows Mina to retain a fixed blockchain size, regardless of the volume of transactions, by efficiently encoding the data in a compact proof.

What are Snapps in Mina Protocol?

Snapps, short for SNARK-powered applications, represent a distinctive feature of the Mina Protocol. These applications empower developers to build dApps that are private, lightweight, and verifiable. Snapps have the capability to interact with various websites while enabling confidential access to real-world data. This innovation expands the possibilities for creating privacy-preserving and efficient decentralized applications.

Where can I buy MINA?

Easily buy MINA tokens on the OKX cryptocurrency platform. Available trading pairs in the OKX spot trading terminal include MINA/USDT and MINA/USDC.

You can also buy MINA with over 99 fiat currencies by selecting the "Express buy" option. Other popular crypto tokens, such as Bitcoin (BTC), Tether (USDT), and USD Coin (USDC), are also available.

Alternatively, you can swap your existing cryptocurrencies, including XRP (XRP), Cardano (ADA), Solana (SOL), and Chainlink (LINK), for MINA with zero fees and no price slippage by using OKX Convert.

To view the estimated real-time conversion prices between fiat currencies, such as the USD, EUR, GBP, and others, into MINA, visit the OKX Crypto Converter Calculator. OKX's high-liquidity crypto exchange ensures the best prices for your crypto purchases.

How much is 1 Mina Protocol worth today?
Currently, one Mina Protocol is worth $0.19610. For answers and insight into Mina Protocol's price action, you're in the right place. Explore the latest Mina Protocol charts and trade responsibly with OKX.
What is cryptocurrency?
Cryptocurrencies, such as Mina Protocol, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Mina Protocol have been created as well.
Will the price of Mina Protocol go up today?
Check out our Mina Protocol price prediction page to forecast future prices and determine your price targets.

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Disclaimer
The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice.

OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.