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TENET

TENET

#193

$24.429

0.00%

Low

$0

High

$0

Tags

Tenet Ecosystem

LSDFi

Restaking

About TENET TENET

TENET is a DeFi-focused EVM Layer-1 bringing liquidity and yield opportunities to LSDs. TENET allows LSDs to re-stake to its network and be used in TENET's DeFi Ecosystem by utilizing a new consensus mechanism called Diversified PoS. This allows LSDs like stEth to participate in validation, making it the most secure blockchain ever created. After an LSD is staked to TENET, users get back an LLSD, which can be used throughout TENET’s ecosystem. LSDC (Liquid Staking Dollar Coin) is TENET’s overcollateralized stablecoin minted from LSDs, and it the first-ever interest bearing stablecoin backed by a basket of liquid assets. What makes TENET unique? It is the only active EVM layer-1 operating on Cosmos. This delivers maximum composability of money, while making development exceptionally easy. All Cosmos assets can natively move to TENET. The vast code libraries of EVM networks like Ethereum can likewise be used on TENET. The blockchain’s consensus model is an industry-first: Validate through major token’s liquid staking derivatives. This makes TENET welcoming to other blockchains rather than an aggressive competitor. Validation through major network’s tokens makes TENET the hardest network to attack, as it has the combined security of Ethereum, Polygon, BNB Chain, and other networks. The ability to mint LSDC (Liquid Staking Dollar Coin) from the LSDs that validate TENET give major liquidity advantages. Network validators have an added layer of liquidity on TENET, while they earn the yields of the LSDs. This makes DeFi instantly more liquid on the TENET blockchain. TENET is also the first blockchain to be run on native gauges. Similar to Curve Finance, the TENET token can be staked for veTenet and vote on how rewards will be distributed throughout the LSDs and apps on its entire native ecosystem. TENET is the first blockchain to ever do this at the base level, allowing a new era of what's possible from a Layer-1 token.

TENET (TENET) Price Data

TENET (TENET) price has decreased today.

TENET price today is $24.429 with a 24-hours trading volume up by -- %. TENET price is down in the last 24 hours. It has a circulating supply is 13.7M TENET coins and a total supply of 13.7M.

What is the highest price for TENET?

The all-time high price of TENET is $39,222 on Nov 29, 2023.

What is the lowest price for TENET?

The all-time low price of TENET is $0.0000000000000126 on Feb 15, 2024.

Token Metrics
Need data?Our API

Total Volume (24h)

$186,727

Market Cap

$336,444,553

Fully Diluted Val.

$336,444,553

CEX Volume (24h)

$186,727

DEX Volume (24h)

$0

Liquidity

$0

Circ. Supply

13,772,243

Total Supply

13,772,243

Rank

193

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