The Ocean Token

The OCEAN utility token is used to stake on data, govern community funding, and buy & sell data. Its supply is disbursed over time to drive near-term growth and long-term sustainability.

OCEAN is designed to increase with a rise in usage volume.

OCEAN
Ticker
ERC-20
Token Type
434.02m
Circulation Supply
1.41b
Total Supply
0x967da4048cD07aB37855c090aAF366e4ce1b9F48
Contract Address

Get and Store OCEAN

Buy Ocean Tokens at any of our exchange partners and learn how to securely store them.

Exchanges

BinanceKrakenBittrexUniswap V2BalancerPoloniexGate.ioVCC ExchangeVoyagerCoinlistSushiSwapC.R.E.A.M. FinanceCoinmerceSimpleSwapWanSwapCrypto.comBitkubBitrueCoinExCoinMetroplasmapaySwapzoneUPbitHoo ExchangeHuobiPhemexVauldVirgoCXKriptomat

Keep Your OCEAN Safe

The Ocean Token is a standard ERC-20 token and can be stored in any wallet with ERC-20 capabilities. Here are some ERC-20 wallets.

LedgerTrezorMewMetaMaskArgentCoinbase CustodyBitcoin Suisse

OCEANToken Symbol

18Decimals of Precision

0x967da4048cD07aB37855c090aAF366e4ce1b9F48
Contract Address

Check Your OCEAN

Check the total balance of OCEAN from an Ethereum address in the Ethereum Mainnet.

Ọ 0
= Ƀ 0= Ξ 0= $ 0

OCEAN Tools

Tools for working with the OCEAN token.

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Developed a tool or wrote something about Ocean Tokens? Let us know @oceanprotocol

The Token For The Web3 Data Economy

The OCEAN token is used to stake on data, to govern Ocean community funding, and to buy & sell data.

OCEAN is deployed to Ethereum mainnet. The smart contracts for Ocean functionality are also deployed to Ethereum mainnet, and to further networks over time.

The supply of OCEAN is capped to 1.41 billion tokens. 51% of this supply is disbursed according to a Bitcoin-like schedule over decades, to fund the community (OceanDAO, Data Farming, etc).

  • Staking

    Users stake OCEAN (add liquidity) on data to earn transaction fees and staking rewards.

  • Governance

    Users use OCEAN in OceanDAO to govern which Ocean community projects to fund.

  • Unit of Exchange

    OCEAN is the default unit of exchange to buy & sell data in Ocean Market.

Staking

Users can stake OCEAN on a data asset in Ocean Market, to earn. Staking is the act of adding liquidity to a datatoken-OCEAN pool. Stakers earn a cut of each data buying transaction fee, proportional to their stake. Stakers will earn more yet via the Ocean Data Farming program.

Governance

Via OceanDAO, users use OCEAN to govern which Ocean community projects to fund. In Ocean, governance is about directing the flow of resources towards the teams and projects that offer the best chance for growth. OCEAN holders are incentivized to do work to learn more about each team and project proposal, and then use OceanDAO to vote for the most promising teams/projects. The main criteria are return on investment, and alignment with Ocean's Mission and Values. 51% of the OCEAN supply is disbursed according to a Bitcoin-like schedule over decades, to fund the community (OceanDAO, Data Farming, etc). This helps both near-term growth and long-term sustainability

Unit of Exchange

OCEAN is the default unit of exchange to buy & sell data in Ocean Market. Earn by publishing data in Ocean Market, or creating your own Ocean-powered market.

Further Reading