aelf (ELF): What It Is, Uses and Risks

aelf is a blockchain project that describes itself as an AI-enhanced Layer 1 network. Its project description says the network is built with the C# programming language and uses a multi-layered architecture, including a modular Layer 2 based on ZK Rollup technology. The project says it was founded in 2017 with its main hub in Singapore. According to the description supplied, the plan was presented to global investors at a Coindesk conference on 10 December 2017, and fundraising named Arrington Capital, Draper Dragon and Galaxy Digital among its backers. A testnet launched in 2018 and the mainnet in 2020. The data lists the token's launch as 13 September 2017, and the project is led by founder and CEO Auric. These are the project's own statements, so readers should treat them as claims to check against its current documentation.

The data available for this page does not say what ELF is used for on the aelf network, such as paying fees, staking, or voting on governance. Rather than guess, this page only states what is known. ELF is listed as issued on BNB Chain and Ethereum, and its category tags describe it as a Layer 1 and infrastructure token. A token's role can change as a network develops, so the project's current documentation and its Whitepaper V2.0 are the places to check how ELF is actually used. Holding a token that is issued on a chain is not the same as holding that chain's native asset, so readers should not assume a use case from the name or from marketing material.

As of 2026-11-05, the data shows a price of about $0.044 per ELF, a market capitalisation of about $36.8 million and a fully diluted valuation of about $44.4 million. The token ranked 564 by market capitalisation, and 24-hour trading volume was about $2.3 million. Circulating supply was roughly 829 million ELF. Total supply was about 999.99 million, and the maximum supply is listed as 1 billion. Over the past seven days the price fell about 29.8 percent, and over the past year about 62.2 percent. The all-time high was about $2.60 on 8 January 2018, and the all-time low was about $0.035 on 12 March 2020. These figures change constantly and are shown only as they stood at the time of writing. They are not a forecast.

The data lists ELF as issued on BNB Chain and Ethereum. It lists no native token for any chain, which means ELF is a token that runs on other networks rather than the base currency of its own chain. A token issued on more than one chain usually means there are separate token contracts on each network. Moving tokens between them can require a bridge or a swap service, and each step adds technical and counterparty risk. The data does not give a consensus or hashing method for the aelf network, so this page does not describe one. Before acting on any contract address, readers should confirm it through official project channels rather than from a search result or a social media reply.

Low market capitalisation tokens can move sharply in either direction, and the recent seven-day and one-year changes in the data show how large those moves can be. Trading volume is modest compared with larger tokens, so selling a large position may be difficult without moving the price. Smart contract bugs, bridge failures, and fake tokens using the same name are all possible. The team and project claims cannot be verified from this page. To store ELF, use a wallet that supports the network where your specific token contract lives, confirm the contract address before you send funds, and make a small test transfer first. Never share a seed phrase or private key. This page does not offer advice on whether to buy, hold, or sell.