ICP Token Supply and Market Data
The Internet Computer token ICP has a circulating supply that fluctuates as the network releases cycles and new neurons participate in governance. The total supply is capped, and the token powers computation, storage, and network governance on the Internet Computer. ICP is traded on major exchanges and tracked by crypto data platforms that report price, market cap, and volume in real time see live ICP data on CoinGecko.
ICP market cap rankings change with price swings and token unlock schedules, and analysts compare ICP against other Layer 1 tokens using metrics such as fully diluted valuation and circulating market cap. The token is used to pay for gas on the Internet Computer and to participate in the Network Nervous System, which manages upgrades, node providers, and subnet creation view live network stats on the Internet Computer Dashboard.
ICP Ecosystem and DeFi Activity
The Internet Computer hosts a growing ecosystem of decentralized apps, including DeFi protocols, social media platforms, and enterprise software. ICP facts highlight the number of canisters, subnets, and dapps deployed on the network, with some projects tokenizing real-world assets and enabling fast, low-cost transactions explore Internet Computer DeFi protocols on DeFiLlama.
ICP DeFi activity is measured by total value locked, daily transactions, and unique active wallets across Internet Computer dapps. Developers build on ICP using Motoko and Rust, and the ecosystem includes decentralized exchanges, lending platforms, and NFT marketplaces that settle directly on-chain learn how ICP powers decentralized computing on the official Internet Computer site.
ICP Governance and Network Participation
ICP governance is managed by the Network Nervous System, an open algorithmic governance system where ICP holders stake tokens into neurons to vote on proposals. Proposals cover protocol upgrades, fee structures, and ecosystem grants, and voting rewards are paid in ICP based on stake and participation view active NNS proposals and neuron stats on the NNS Dashboard.
ICP facts also include node provider requirements, subnet economics, and the role of data centers in securing the Internet Computer. The network uses a threshold relay and proof-of-stake mechanism, and ICP is burned to create cycles that pay for computation, linking token supply to real network usage read Internet Computer research papers and technical updates.