OpenLedger (OPEN): What It Is, Uses and Risks

OpenLedger describes itself as an AI blockchain built around data, models, apps and agents. Its stated goal is to help people train, deploy and track specialized AI models and the datasets behind them, with the on-chain record showing where data came from and how it shaped an outcome. The project argues that valuable datasets are often siloed and go uncompensated, and it proposes native attribution, verifiable provenance and programmable incentives as a fix. Public descriptions characterize it as a decentralized data blockchain that builds specialized language models for AI applications. Its X profile describes the project in similar terms and lists backers, but those are the project's own claims and this page has not verified its technology or partnerships. OpenLedger sits at the intersection of AI and blockchain, which is why data aggregators place it in both AI and Layer 2 categories.

Published tokenomics material says OPEN is used as gas, meaning the fee paid for activity on the OpenLedger AI blockchain. Other project descriptions say the token also supports governance decisions, staking, and the running of AI workloads on the network. Some descriptions add that it helps secure the network and rewards data providers. These are project-level descriptions rather than independently verified mechanics, so anyone interested should read the current documentation to see how each function works in practice. The information available here does not include fee levels, staking terms, reward rates or voting thresholds, and this page does not guess at them.

As of 2026-11-05, the data shows a total and maximum supply of 1 billion OPEN, with about 337.8 million tokens in circulation, roughly a third of the total. At the time of writing, the price was about $0.0905, the market capitalization about $30.6 million and the fully diluted valuation about $90.5 million. The 24-hour trading volume was about $3.7 million, and the token ranked about 645th by market capitalization. The all-time high was $1.82 on 2025-09-08, and the all-time low was about $0.0788 on 2026-10-30. The one-year change was roughly minus 67 percent. The gap between market capitalization and fully diluted value means most tokens are not yet circulating. These figures change constantly and are not a forecast or a recommendation.

OPEN is issued on Ethereum and BNB Chain, and public data does not list it as the native token of any chain. A token issued on two networks usually exists as a bridged or wrapped version on one of them, so it matters which contract address a person holds. The project's category tags include Layer 2 and rollup, but public sources provided do not describe the underlying architecture, so readers should confirm how the network is built in the official documentation. Before trading or moving tokens, check the contract addresses against the project's official channels rather than relying on a search result or a third-party listing.

The token's price has been volatile, with a large drop over the past year and a sharp move between its high and low points. Because only about a third of the total supply was circulating at the time of writing, future token releases could affect supply and price, but public sources provided do not give a release schedule, so readers should look for that in project materials. Smart contract risk, bridge risk and impersonation are also real concerns for a token on two chains. Scam tokens and fake sites copying project branding are common. Never share a seed phrase or private key, use a wallet you control, and consider a hardware wallet for larger amounts. Nothing here is financial advice, and anyone considering the token should only commit money they can afford to lose.