What IOST is

IOST is a Layer-1 smart-contract platform, currently ranked 538th by market capitalization among the assets we track. IOST is its own settlement layer. Smart contracts run on top of it, fees are paid in IOST, and the security model rests on validators bonding the token rather than burning energy to mine it.

IOST is a blockchain platform designed for the next generation of decentralized applications (dApps), offering high throughput and scalability through its unique consensus algorithm called Proof of Believability. It aims to provide a secure and user-friendly environment for developers and users alike.

How consensus and the token economy connect

Because security is bought with bonded IOST rather than hardware, the share of supply staked is a useful gauge of conviction — and of how much float is effectively locked.

Under the hood, IOST secures its ledger with Proof of Believability, built on the PoB algorithm.

Background & fundamentals

IOST first went live in 2018, giving it roughly 8 years of on-chain price history to draw on. IOST operates under a centralized structure, which concentrates protocol decisions in an identifiable issuer or foundation. A documented core team of 23 contributors is listed publicly, a depth of disclosed staffing many long-tail tokens lack.

Its codebase is open-source, meaning the implementation can be audited rather than taken on trust. The project publishes a whitepaper documenting its original design, which is worth reading before sizing any position in IOST. CoinPaprika classifies the project's development status as "Working product".

In sector terms it is most often filed under Platform, Smart Contracts, and Decentralized Applications.

Where IOST sits in the market

Trading around $0.00069704, IOST carries a market capitalization of $23.79M. Around $5.92M changes hands across exchanges in a typical 24-hour window. That is a turnover of about 24.89% of the float — elevated, often a sign of narrative-driven trading.

Only ~54% of the 90B-IOST maximum supply is circulating today, so emissions remain a live factor in price discovery. IOST remains -99% beneath its all-time high of $0.1365, the kind of gap that historically takes a full cycle or a fresh catalyst to close.

What the price history shows

Recent moves read 24-hour -3.03%, 7-day -7.37%. Within its stored 365-day daily history, IOST mounted a low-to-high run of roughly 54% at its strongest stretch.

Volatility profile

Recent action puts IOST in the Moderate-volatility band — it shows the kind of price movement common in mid-cap crypto assets — meaningful but not unusual.

How to evaluate IOST

The honest checklist for IOST is short:

  • Real usage — active addresses, fees paid, and total value locked — does on-chain demand justify the valuation?
  • Staking economics — the share of IOST staked, the yield, and unlock/queue dynamics that govern liquid supply.
  • Ecosystem depth — how many applications and how much liquidity have chosen IOST over competing Layer-1s.

This page pulls live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model into one view so you can work through those questions in a single place. None of it is investment advice — it is a structured starting point for your own research.