ZIL
ZIL

Zilliqa price

$0.011540
+$0.00014000
(+1.22%)
Price change for the last 24 hours
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Zilliqa 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
$226.04M
Circulating supply
19,724,121,687 ZIL
93.92% of
21,000,000,000 ZIL
Market cap ranking
--
Audits
CertiK
Last audit: Dec 29, 2021
24h high
$0.011780
24h low
$0.011150
All-time high
$0.25666
-95.51% (-$0.24512)
Last updated: May 6, 2021
All-time low
$0.0022100
+422.17% (+$0.0093300)
Last updated: Mar 13, 2020

ZIL calculator

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ZILZIL

Zilliqa price performance in USD

The current price of Zilliqa is $0.011540. Over the last 24 hours, Zilliqa has increased by +1.23%. It currently has a circulating supply of 19,724,121,687 ZIL and a maximum supply of 21,000,000,000 ZIL, giving it a fully diluted market cap of $226.04M. At present, the Zilliqa coin holds the 0 position in market cap rankings. The Zilliqa/USD price is updated in real-time.
Today
+$0.00014000
+1.22%
7 days
-$0.00149
-11.44%
30 days
-$0.00286
-19.87%
3 months
-$0.01007
-46.60%

About Zilliqa (ZIL)

3.8/5
Certik
4.2
03/31/2025
CyberScope
3.9
04/01/2025
TokenInsight
3.4
11/12/2022
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 world of blockchain, scalability has long been a challenge, hindering the widespread adoption of this transformative technology. However, solutions have emerged to address this issue. One such solution is Zilliqa (ZIL). With its innovative protocol, Zilliqa aims to overcome the scalability challenge, opening doors for various sectors to embrace blockchain technology without sacrificing performance.

What is Zilliqa

Zilliqa is a high-performance blockchain platform designed to address the scalability challenges faced by traditional blockchain networks. While its capabilities are related to other blockchains like Ethereum and Solana, Zilliqa employs a unique technique to enhance transaction throughput, allowing a larger number of transactions to be processed simultaneously.

ZIL is the native digital token of the Zilliqa blockchain, officially introduced in 2017. This native token can be used to pay transaction fees on the Zilliqa network.

The ZIL team

Zilliqa was founded in 2017 by researchers Amrit Kumar and Xinshu Dong. The team behind Zilliqa includes two board members, Juzar Motiwalla and Mark Hemsley, as well as seven executives: Tom Fleetham, Bradley Laws, Richard Watts, Advait Gehurye, Alex Spells, Max Kantelia, and Matt Dyer.

How does ZIL work

Zilliqa stands out among its competitors by implementing a technique called sharding, which allows for high transaction throughput. In the sharding process, the Zilliqa blockchain is divided into smaller units called shards. Each node in the network is responsible for storing and processing data related to its assigned shard rather than processing the entire network's load. This efficient approach has made Zilliqa a popular choice for various industries, including financial services, entertainment, and gaming.

Zilliqa has several types of nodes, including seed nodes, DS nodes, lookup nodes, staked seeds nodes, and shard nodes. The Zilliqa testnet currently has 27 validators, and the validator default list is organized by features reward, staked balance, balance, user, delegation address, and balance share.

Zilliqa consensus mechanism

Zilliqa utilizes a distinct consensus mechanism, which combines Practical Byzantine Fault Tolerance (pBFT) and Proof of Work (PoW) to verify transactions on the blockchain. pBFT is a unique consensus mechanism that synchronizes all nodes to ensure that a relatively higher number of nodes agree on data accuracy before storing it on the network.

Zilliqa’s native token: ZIL

ZIL is the native token of Zilliqa, a Layer 1 blockchain.

ZIL tokenomics

The maximum supply of ZIL is set at a fixed amount of 21 billion. The total supply gradually increases over time until it reaches the hard cap of 21 billion. To ensure a sustainable distribution, Zilliqa plans to reserve 20 percent of its ZIL supply until 2027. In the first four years following its inception, approximately 80 percent of the total supply has been mined. This distribution strategy aims to support the long-term growth and stability of the Zilliqa ecosystem.

How is ZIL different from gZIL

ZIL is used to transact on the Zilliqa network and motivate miners to earn block rewards through mining.

On the other hand, gZIL serves as a Zilliqa governance token that allows community members to contribute to the improvement and development of the protocol. Essentially, each user possessing gZIL can actively vote and participate in the platform’s governance. Users can earn gZIL by staking their ZIL tokens.

ZIL use cases

As the native coin of the Zilliqa ecosystem, ZIL is used for crucial purposes such as transaction payment, governance, staking, and more.

Distribution of ZIL

ZIL is distributed as follows:

  • 60 percent was pre-mined before Zilliqa’s launch and used to advance the blockchain’s ecosystem.
  • 40 percent is reserved as mining and staking rewards.

What lies ahead for Zilliqa

Looking ahead, Zilliqa is poised for continued growth and development. With its pioneering sharded network, ZIL has witnessed widespread adoption and achieved notable valuation. The team behind Zilliqa remains committed to enhancing the network's infrastructure and scalability. Currently, the network processes millions of transactions each month and has significantly increased its block production, now generating up to 2,500 blocks daily. With these advancements, Zilliqa is set to compete with other scalable blockchains in the years to come.

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Socials

Posts
Number of posts mentioning a token in the last 24h. This can help gauge the level of interest surrounding this token.
Contributors
Number of individuals posting about a token in the last 24h. A higher number of contributors can suggest improved token performance.
Interactions
Sum of socially-driven online engagement in the last 24h, such as likes, comments, and reposts. High engagement levels can indicate strong interest in a token.
Sentiment
Percentage score reflecting post sentiment in the last 24h. A high percentage score correlates with positive sentiment and can indicate improved market performance.
Volume rank
Volume refers to post volume in the last 24h. A higher volume ranking reflects a token’s favored position relative to other tokens.
In the last 24 hours, there have been 1.2K new posts about Zilliqa, driven by 539 contributors, and total online engagement reached 33K social interactions. The sentiment score for Zilliqa currently stands at 83%. Compared to all cryptocurrencies, post volume for Zilliqa currently ranks at 3047. Keep an eye on changes to social metrics as they can be key indicators of the influence and reach of Zilliqa.
Powered by LunarCrush
Posts
1,153
Contributors
539
Interactions
33,083
Sentiment
83%
Volume rank
#3047

X

Posts
851
Interactions
32,479
Sentiment
83%

Zilliqa FAQ

What is Zilliqa?

Zilliqa is a high-performance blockchain network that focuses on scalability and enables the execution of smart contracts. It utilizes the innovative sharding technique to process a large number of transactions simultaneously, making it a highly scalable and efficient platform.

How many transactions can Zilliqa process per second?

Zilliqa has achieved a capacity of handling up to 2,828 transactions per second (TPS). This high throughput enables fast and efficient transaction processing, making Zilliqa suitable for applications that require high-performance blockchain solutions.

Where can I buy ZIL?

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

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

Additionally, you can swap your existing cryptocurrencies, including XRP (XRP), Cardano (ADA), Solana (SOL), and Chainlink (LINK), for ZIL 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 ZIL, visit the OKX Crypto Converter Calculator. OKX's high-liquidity crypto exchange ensures the best prices for your crypto purchases.

How much is 1 Zilliqa worth today?
Currently, one Zilliqa is worth $0.011540. For answers and insight into Zilliqa's price action, you're in the right place. Explore the latest Zilliqa charts and trade responsibly with OKX.
What is cryptocurrency?
Cryptocurrencies, such as Zilliqa, 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 Zilliqa have been created as well.
Will the price of Zilliqa go up today?
Check out our Zilliqa price prediction page to forecast future prices and determine your price targets.

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ESG Disclosure

ESG (Environmental, Social, and Governance) regulations for crypto assets aim to address their environmental impact (e.g., energy-intensive mining), promote transparency, and ensure ethical governance practices to align the crypto industry with broader sustainability and societal goals. These regulations encourage compliance with standards that mitigate risks and foster trust in digital assets.
Asset details
Name
OKcoin Europe LTD
Relevant legal entity identifier
54930069NLWEIGLHXU42
Name of the crypto-asset
Zilliqa
Consensus Mechanism
Zilliqa is present on the following networks: binance_smart_chain, zilliqa. Binance Smart Chain (BSC) uses a hybrid consensus mechanism called Proof of Staked Authority (PoSA), which combines elements of Delegated Proof of Stake (DPoS) and Proof of Authority (PoA). This method ensures fast block times and low fees while maintaining a level of decentralization and security. Core Components 1. Validators (so-called “Cabinet Members”): Validators on BSC are responsible for producing new blocks, validating transactions, and maintaining the network’s security. To become a validator, an entity must stake a significant amount of BNB (Binance Coin). Validators are selected through staking and voting by token holders. There are 21 active validators at any given time, rotating to ensure decentralization and security. 2. Delegators: Token holders who do not wish to run validator nodes can delegate their BNB tokens to validators. This delegation helps validators increase their stake and improves their chances of being selected to produce blocks. Delegators earn a share of the rewards that validators receive, incentivizing broad participation in network security. 3. Candidates: Candidates are nodes that have staked the required amount of BNB and are in the pool waiting to become validators. They are essentially potential validators who are not currently active but can be elected to the validator set through community voting. Candidates play a crucial role in ensuring there is always a sufficient pool of nodes ready to take on validation tasks, thus maintaining network resilience and decentralization. Consensus Process 4. Validator Selection: Validators are chosen based on the amount of BNB staked and votes received from delegators. The more BNB staked and votes received, the higher the chance of being selected to validate transactions and produce new blocks. The selection process involves both the current validators and the pool of candidates, ensuring a dynamic and secure rotation of nodes. 5. Block Production: The selected validators take turns producing blocks in a PoA-like manner, ensuring that blocks are generated quickly and efficiently. Validators validate transactions, add them to new blocks, and broadcast these blocks to the network. 6. Transaction Finality: BSC achieves fast block times of around 3 seconds and quick transaction finality. This is achieved through the efficient PoSA mechanism that allows validators to rapidly reach consensus. Security and Economic Incentives 7. Staking: Validators are required to stake a substantial amount of BNB, which acts as collateral to ensure their honest behavior. This staked amount can be slashed if validators act maliciously. Staking incentivizes validators to act in the network's best interest to avoid losing their staked BNB. 8. Delegation and Rewards: Delegators earn rewards proportional to their stake in validators. This incentivizes them to choose reliable validators and participate in the network’s security. Validators and delegators share transaction fees as rewards, which provides continuous economic incentives to maintain network security and performance. 9. Transaction Fees: BSC employs low transaction fees, paid in BNB, making it cost-effective for users. These fees are collected by validators as part of their rewards, further incentivizing them to validate transactions accurately and efficiently. The Zilliqa blockchain uses a hybrid consensus mechanism that combines Practical Byzantine Fault Tolerance (pBFT) and Proof of Work (PoW) to ensure high throughput, scalability, and security. The main components of Zilliqa's consensus mechanism include the following: Key Features of Zilliqa's Consensus Mechanism: 1. Sharding: Zilliqa achieves scalability through sharding, where the network is divided into smaller units called shards. Each shard processes its own set of transactions and smart contracts in parallel, allowing the network to handle a higher volume of transactions. 2. Proof of Work (PoW): The PoW mechanism is used for consensus initiation. It is primarily used to secure the network and assign nodes to shards. PoW miners solve computational puzzles to participate in block generation. However, PoW is only used for a short time at the beginning of the consensus process, and the workload is much lower than in traditional PoW systems like Bitcoin. The PoW mechanism ensures that only nodes with sufficient computational power are selected to participate in the network, reducing the likelihood of Sybil attacks. 3. Practical Byzantine Fault Tolerance (pBFT): Once the PoW phase is complete and nodes are assigned to shards, pBFT is used to reach consensus within each shard. This is a more energy-efficient consensus algorithm than traditional PoW because it doesn't require miners to perform extensive computations after the initial selection. pBFT ensures finality of blocks and ensures that even if some nodes behave maliciously or fail, the network can still reach an agreement and process transactions correctly. pBFT works by having validators from the shard participate in a consensus process to agree on the state of the blockchain. Validators propose blocks, vote on block validity, and ensure that a consensus is reached before blocks are finalized. 4. High Throughput and Low Latency: Combining sharding with the use of PoW and pBFT allows Zilliqa to achieve high throughput and low latency. By processing transactions in parallel across multiple shards, the network can handle thousands of transactions per second, significantly improving scalability compared to traditional blockchain systems.
Incentive Mechanisms and Applicable Fees
Zilliqa is present on the following networks: binance_smart_chain, zilliqa. Binance Smart Chain (BSC) uses the Proof of Staked Authority (PoSA) consensus mechanism to ensure network security and incentivize participation from validators and delegators. Incentive Mechanisms 1. Validators: Staking Rewards: Validators must stake a significant amount of BNB to participate in the consensus process. They earn rewards in the form of transaction fees and block rewards. Selection Process: Validators are selected based on the amount of BNB staked and the votes received from delegators. The more BNB staked and votes received, the higher the chances of being selected to validate transactions and produce new blocks. 2. Delegators: Delegated Staking: Token holders can delegate their BNB to validators. This delegation increases the validator's total stake and improves their chances of being selected to produce blocks. Shared Rewards: Delegators earn a portion of the rewards that validators receive. This incentivizes token holders to participate in the network’s security and decentralization by choosing reliable validators. 3. Candidates: Pool of Potential Validators: Candidates are nodes that have staked the required amount of BNB and are waiting to become active validators. They ensure that there is always a sufficient pool of nodes ready to take on validation tasks, maintaining network resilience. 4. Economic Security: Slashing: Validators can be penalized for malicious behavior or failure to perform their duties. Penalties include slashing a portion of their staked tokens, ensuring that validators act in the best interest of the network. Opportunity Cost: Staking requires validators and delegators to lock up their BNB tokens, providing an economic incentive to act honestly to avoid losing their staked assets. Fees on the Binance Smart Chain 5. Transaction Fees: Low Fees: BSC is known for its low transaction fees compared to other blockchain networks. These fees are paid in BNB and are essential for maintaining network operations and compensating validators. Dynamic Fee Structure: Transaction fees can vary based on network congestion and the complexity of the transactions. However, BSC ensures that fees remain significantly lower than those on the Ethereum mainnet. 6. Block Rewards: Incentivizing Validators: Validators earn block rewards in addition to transaction fees. These rewards are distributed to validators for their role in maintaining the network and processing transactions. 7. Cross-Chain Fees: Interoperability Costs: BSC supports cross-chain compatibility, allowing assets to be transferred between Binance Chain and Binance Smart Chain. These cross-chain operations incur minimal fees, facilitating seamless asset transfers and improving user experience. 8. Smart Contract Fees: Deployment and Execution Costs: Deploying and interacting with smart contracts on BSC involves paying fees based on the computational resources required. These fees are also paid in BNB and are designed to be cost-effective, encouraging developers to build on the BSC platform. The Zilliqa blockchain incentivizes network participants, including miners, validators, and developers, through block rewards, transaction fees, and staking rewards, while its fee model ensures the smooth operation of the network and the maintenance of its scalability and security. Incentive Mechanism: 1. Mining Rewards (PoW Phase): Block Rewards: Miners who perform the Proof of Work (PoW) for the initial consensus phase are rewarded with ZIL tokens for successfully mining a block. This PoW phase is used to assign nodes to different shards. Transaction Fees: In addition to block rewards, miners also receive transaction fees for including transactions in the blocks they mine. These fees incentivize miners to prioritize transactions during high demand. 2. Staking Rewards: Validators in Shards: After the PoW phase, validators in each shard participate in the consensus process using Practical Byzantine Fault Tolerance (pBFT). Validators who propose or confirm blocks in the pBFT phase earn ZIL tokens as rewards for their participation in securing the network and validating transactions. Sharding Rewards: Zilliqa rewards validators in each shard based on their contributions to block finalization and their participation in the consensus mechanism. 3. Transaction Fees (Validators and Miners): Transaction Fee Distribution: Transaction fees are paid by users to have their transactions processed on the Zilliqa network. These fees are collected by the validators who propose the blocks or the miners who participate in the PoW phase. Prioritization of Fees: During periods of high network activity, users may need to increase their transaction fees to ensure quicker transaction inclusion. Validators prioritize higher fees to ensure transaction processing. 4. Incentives for Developers: Smart Contract Deployment: Developers who deploy and maintain smart contracts on the Zilliqa network can also be incentivized through transaction fees generated by the usage of their smart contracts. The more transactions a smart contract processes, the more rewards the contract owner can earn. Applicable Fees: 1. Transaction Fees: Fee Calculation: Transaction fees on Zilliqa are determined based on the size and complexity of the transaction. The fee is typically paid in ZIL tokens, which can fluctuate depending on network demand and transaction complexity. Fee Rate: The fee rate adjusts based on network congestion, meaning that higher transaction fees are necessary for quicker processing during periods of high demand. Zilliqa offers tools for users to estimate the proper transaction fee based on current network conditions. 2. Smart Contract Execution Fees: Execution Costs: For transactions involving smart contracts, fees are calculated based on the computational resources required to execute the contract. These fees are also paid in ZIL tokens and vary depending on the complexity of the contract's execution. 3. Sharding Fees: Fee to Participate in Shards: Since Zilliqa uses sharding, users may incur additional fees for interacting with specific shards. These fees help maintain the infrastructure for the parallel processing of transactions across the shards. 4. Storage Fees: Storage of Data: Developers and users who store data on the blockchain, such as smart contracts or tokens, are required to pay storage fees. This helps prevent spam attacks and ensures efficient use of network resources. These fees are typically paid in ZIL tokens.
Beginning of the period to which the disclosure relates
2024-04-01
End of the period to which the disclosure relates
2025-04-01
Energy report
Energy consumption
157684.17693 (kWh/a)
Energy consumption sources and methodologies
The energy consumption of this asset is aggregated across multiple components: For the calculation of energy consumptions, the so called “bottom-up” approach is being used. The nodes are considered to be the central factor for the energy consumption of the network. These assumptions are made on the basis of empirical findings through the use of public information sites, open-source crawlers and crawlers developed in-house. The main determinants for estimating the hardware used within the network are the requirements for operating the client software. The energy consumption of the hardware devices was measured in certified test laboratories. When calculating the energy consumption, we used - if available - the Functionally Fungible Group Digital Token Identifier (FFG DTI) to determine all implementations of the asset of question in scope and we update the mappings regulary, based on data of the Digital Token Identifier Foundation. To determine the energy consumption of a token, the energy consumption of the network(s) binance_smart_chain, zilliqa is calculated first. Based on the crypto asset's gas consumption per network, the share of the total consumption of the respective network that is assigned to this asset is defined. When calculating the energy consumption, we used - if available - the Functionally Fungible Group Digital Token Identifier (FFG DTI) to determine all implementations of the asset of question in scope and we update the mappings regulary, based on data of the Digital Token Identifier Foundation.
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.
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ZIL calculator

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