OpenLedger PriceOPEN

What is OpenLedger (OPEN)?

This article covers OpenLedger (OPEN, CoinMarketCap ID 37456), the AI-focused blockchain project. It is not the same as Open Ledger, the embedded accounting API company at openledger.com, nor the older ICO OpenLedger crowdfunding project.

OpenLedger (OPEN) is an ERC20 token on the Ethereum platform whose protocol is described as an AI-focused Layer-1 blockchain for training, deploying and monetizing specialized AI models. It aims to solve critical challenges in AI development around transparency, attribution, and verifiability by enabling the training, deployment, and on-chain tracking of specialized AI models and data. The platform unlocks liquidity to monetize data, models, apps, and agents. The OPEN token debuted on September 8, 2025 alongside its Binance listing and mainnet launch; the project's start date is listed as July 22, 2025.

Key Specifications & Tokenomics

• Name: OpenLedger
• Ticker: OPEN
• Category: AI Blockchain / Layer-1 (Ethereum / ERC20)
• Token Standard: ERC20
• Contract Address: 0xa227...739447 (as listed on CoinMarketCap)
• Block Explorer: etherscan.io
• Total Supply: 1,000,000,000 OPEN
• Max Supply: 1B OPEN
• Initial Circulating Supply: 215,500,000 OPEN (21.55%)
• Circulating Supply: 337.8M OPEN (about 33.78% of total) as of the source snapshot
• Token Allocation: 61.71% of the OPEN supply is allocated to the OpenLedger ecosystem and its contributors, powering reward systems, model incentives, developer grants and public goods infrastructure.
• Consensus: Not specified in the reviewed sources; the protocol is described as an AI-focused Layer-1 with on-chain attribution recorded via smart contracts.
• Smart Contracts: Supported for on-chain attribution and payments
• Cross-Chain: Integrated with LayerZero for interoperability across 130+ blockchains

Who created OpenLedger?

OpenLedger was founded in 2024 by co-founders Ramkumar Subramanian and Elangovan Kamesh. The project has raised $8 million from investors including Polychain Capital and Borderless Capital. The project is developed as a decentralized platform, with governance decisions ultimately decided by OPEN token holders.

How does OpenLedger work?

OpenLedger operates through several interconnected components. Datanets are community-driven networks where users collect, share, and validate domain-specific data to train AI models. Proof of Attribution is the core mechanism that permanently records every contribution on-chain via smart contracts and measures how much each contribution improves model performance. ModelFactory provides a no-code platform for customizing large language models, while OpenLoRA is the deployment engine that allows thousands of models to run efficiently on a single GPU. Together, these tools support the full AI lifecycle from data collection to model deployment.

What makes OpenLedger unique and valuable?

OpenLedger addresses a fundamental problem in AI: most systems are controlled by large organizations, leaving data contributors unrecognized and unrewarded. By recording every contribution on-chain, OpenLedger creates a transparent and verifiable trail of who contributed what. The Proof of Attribution mechanism ties rewards directly to the impact each contribution has on model performance, encouraging high-quality data and penalizing harmful inputs. Additionally, the no-code tools lower the barrier to entry for building specialized AI models, making AI development more accessible to non-technical users.

What is OpenLedger used for?

The OPEN token serves multiple roles within the ecosystem. It is used to pay gas fees for transactions, smart contract execution, and AI-related on-chain activities. OPEN holders can participate in governance by voting on network upgrades, model funding, and AI agent regulations. AI agents must stake OPEN to provide services, with slashing penalties for malicious behavior. Data contributors, AI developers, and validators earn OPEN rewards based on the quality and impact of their work.

How Is the OpenLedger ecosystem developing?

OpenLedger launched its mainnet on September 8, 2025, enabling on-chain data attribution and automated smart contract-based payments for the first time. In October 2025, OpenLedger integrated with LayerZero for cross-chain interoperability across more than 130 blockchains. According to the project's announcement, a buyback program will repurchase 5 million OPEN tokens, approximately 4.5% of the total supply. According to the project's roadmap, OpenLedger plans to advance its On-Chain Attribution Layer in 2026 to make AI execution in DeFi applications accountable and auditable.

How to mine OpenLedger?

OpenLedger does not use traditional mining. Instead, network participants earn OPEN tokens through staking and contribution-based rewards. AI agents must stake OPEN to provide services safely, and reliable contributors are rewarded while underperforming agents may have their stakes slashed. Data contributors and validators earn OPEN based on the quality of their data and the utility of the models they help train. This staking and reward model incentivizes honest participation and high-quality contributions.

How to keep your OpenLedger Coin safe?

To keep your OPEN tokens safe, use a reputable non-custodial wallet that supports the OpenLedger network and its cross-chain capabilities. Store your private keys or seed phrases offline in a secure location and do not share them. No storage method eliminates all risk; crypto assets can be lost through phishing, contract bugs or market volatility. Enable two-factor authentication on any accounts associated with your holdings. Be cautious of phishing attempts and unofficial links, especially on social media. Since OPEN supports cross-chain transfers via LayerZero, always verify the correct network and contract address before initiating any transaction. This article is for information only and is not investment advice.

How to buy OpenLedger Coin?

OPEN is listed on several major exchanges, including Binance, Coinbase, Kraken, Tokocrypto and MEXC. Check a reputable, regulated platform that supports the OPEN/USDT pair, and verify the official contract address before trading. Leverage trading carries a risk of liquidation.