Ergo (ERG)

Ergo is a proof-of-work blockchain designed for programmable money and decentralized financial applications. The network focuses on making complex financial contracts practical to build while preserving the security assumptions and open participation associated with UTXO-based blockchains. Its native asset, ERG, is used for transaction fees, miner rewards, and interacting with applications built on the protocol.

A defining feature of Ergo is ErgoScript, a smart contract language built around Sigma protocols. This design lets developers specify detailed spending conditions for coins, such as who may spend them, when they may be moved, and what external requirements must be satisfied. The approach supports use cases such as decentralized exchanges, stablecoin mechanisms, lending tools, privacy-focused applications, and advanced custody arrangements without requiring the account-based model used by many other smart contract chains.

Ergo also emphasizes accessibility for ordinary users and long-term resilience. Its support for light clients is intended to allow users to verify and interact with contracts without running heavy infrastructure or relying fully on trusted intermediaries. The project’s design philosophy favors well-researched cryptographic and economic mechanisms rather than experimental shortcuts that could weaken security over time.

The protocol includes economic features intended to keep the network sustainable, including storage rent, which helps prevent permanent state growth from becoming a burden on future participants. Ergo is also built to evolve through a self-amendment process, allowing the community and developers to introduce protocol upgrades as new technical ideas mature.

0.22586 USD
−0.010099 (-4.28%)

Last updated

Market Cap
$18.8M
Fully Diluted Valuation
$22.1M
24 Hour Trading Vol
$60.9k
Circulating Supply
83.2M
Total Supply
97.7M
Max Supply
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Market Cap
$18,791,016
Fully Diluted Valuation
$22,074,817
24 Hour Trading Vol
$60,939
24h High
$0.23596
24h Low
$0.224473
24h Change
-4.28%
7d Change
-12.63%
30d Change
-29.35%
1y Change
-74.41%
Market Cap Rank
#861
Market Cap Rank (rehypothecated)
#1080
Circulating Supply
83,200,347
Total Supply
97,739,924
Max Supply
All-time high
$18.72 (-98.79%) · 3 Sept 2021, 5:30 am
All-time low
$0.094191 (+139.76%) · 13 Mar 2020, 7:54 am