Purpose: Builds a decentralized, transparent, and user-owned economy for AI development, moving away from centralized AI systems.
Token Utility: The
token is used for paying network transaction fees, staking, governance, and accessing AI services within the ecosystem.
Market Position: As of May 20, 2026, the price has shown volatility, with a 24-hour trading volume of over
million. It is often used for creating and monetizing data sets via "Datanets" and the "Model Factory".
Mechanism: It operates via on-chain tracking for every AI interaction, ensuring transparency and providing rewards for contributors.
Price Action: Recent data shows the token has experienced strong weekly momentum.
As of late May 2026, OpenLedger (OPEN) is positioning itself as a "Payable AI" infrastructure project, bridging blockchain technology with artificial intelligence to provide verifiable data and decentralized model deployment.
Price Trend: OpenLedger (OPEN) has shown recent volatility, experiencing a significant spike of over 14% to reach around $0.21
on May 18, 2026, following a period of falling market activity.
Market Position: As of May 20, 2026, the price is approximately $0.207
with a market cap of around 40 to 60
million.
Trading Activity: The token is heavily traded on platforms like Binance and Bitget.