• NIGHT is the native token of the Midnight network (a blockchain connected to Cardano).


  • It launched around December 2025.


  • Total supply is about 24 billion tokens.







🔑 What makes it different?




Midnight uses a dual system:




1. NIGHT (the token)





  • Used for:



    • Governance (voting)


    • Network security (staking/validators)


    • Holding value






2. DUST (the resource)





  • Used to pay transaction fees


  • You don’t buy it — you earn it by holding NIGHT




👉 Think of it like this:




  • NIGHT = your “battery”


  • DUST = the “energy” it produces







⚡ Key idea (very important)




Unlike Bitcoin or Ethereum:




  • You don’t spend NIGHT for fees


  • Instead, it generates DUST automatically over timeThe Midnight network focuses on:




    • Privacy using zero-knowledge proofs


    • Letting users prove something without revealing full data




    Example:




    • Prove you’re over 18 ✅


    • Without showing your birthdate ❌