Golem (GLM)

Golem is a decentralised computing network designed to let people and organisations buy and sell spare processing power through an open peer-to-peer marketplace. Instead of relying on a single cloud provider, the network connects requestors that need computation with providers that have idle hardware capacity. Tasks can be split into smaller components and distributed across multiple machines, allowing workloads to be processed in parallel.

The project is best known for targeting use cases that require flexible computing resources, including rendering, scientific workloads, software testing, simulations, and increasingly AI-related tasks. Golem’s open-source architecture gives developers tools to build applications that can tap into distributed compute without owning the underlying infrastructure. This model positions the network as a crypto-native alternative to conventional cloud computing, with an emphasis on permissionless participation and direct settlement between users.

GLM, the Golem Network Token, is the utility asset used to pay for work performed on the network. Requestors offer GLM for completed computations, while providers earn GLM by contributing processing capacity. The token therefore functions as the settlement layer for the marketplace and helps coordinate economic activity between participants.

Golem has been one of the longer-running projects in the decentralised infrastructure sector, reflecting a broader crypto theme of using blockchain-based incentives to organise real-world resources. Its appeal depends on developer adoption, provider participation, pricing competitiveness, and the ability of distributed networks to serve demanding compute markets.

0.11198 USD
−0.0018195 (-1.60%)

Last updated

Market Cap
$113M
Fully Diluted Valuation
$113M
24 Hour Trading Vol
$6.7M
Circulating Supply
1B
Total Supply
1B
Max Supply
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Market Cap
$112,512,712
Fully Diluted Valuation
$112,512,712
24 Hour Trading Vol
$6,702,307
24h High
$0.113961
24h Low
$0.110711
24h Change
-0.26%
7d Change
+6.95%
30d Change
-14.67%
1y Change
-48.68%
Market Cap Rank
#255
Market Cap Rank (rehypothecated)
#345
Circulating Supply
1,000,000,000
Total Supply
1,000,000,000
Max Supply
All-time high
$1.32 (-91.56%) · 13-Apr-2018, 2:13 pm
All-time low
$0.00913753 (+1123.21%) · 12-Dec-2016, 5:00 am
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