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View ChartAkash Network is a decentralized cloud computing marketplace, often described as the "Airbnb for cloud compute," built on the Cosmos SDK. It connects users needing computing resources with providers who have spare capacity.
Key takeaways:
| Name (Symbol) | Akash Network (AKT) |
|---|---|
| Also Known As | The Supercloud, Decentralized Cloud |
| Consensus Mechanism | Delegated Proof-of-Stake (DPoS) via Cosmos SDK |
| Smart Contract | CosmWasm (WebAssembly on Cosmos) |
| Category | DeFi, Web3 Infrastructure, Cloud Computing |
| Hash Algorithm | SHA-256 (for transaction hashing) |
| Block Reward | Variable, based on staking and network fees |
| Max Supply | 388,539,008 AKT |
| TPS (Transactions Per Second) | High throughput, leveraging the Cosmos IBC |
| Scaling Solution | Cosmos Inter-Blockchain Communication (IBC) protocol, horizontal scaling via app-specific blockchains |
| Blockchain | Akash Mainnet (Built with Cosmos SDK) |
Akash Network was founded by Greg Osuri, who serves as the CEO. The project was developed by Overclock Labs, a company focused on building decentralized infrastructure. The core vision was to disrupt the centralized cloud computing market dominated by giants like Amazon Web Services (AWS), Google Cloud, and Microsoft Azure by creating a more open, efficient, and cost-effective alternative. The network officially launched its mainnet in 2021. Development and governance are now largely driven by the decentralized Akash community and the Akash Network Proposal (ANP) process.
Akash Network operates as a peer-to-peer marketplace for cloud compute resources. Its architecture consists of several key components:
Akash Network's primary value proposition is disrupting the cloud computing status quo.
The AKT token is the lifeblood of the Akash Network ecosystem, serving multiple critical functions:
The Akash ecosystem is rapidly expanding beyond basic cloud compute. Key development areas include:
Akash Network uses a Delegated Proof-of-Stake (DPoS) consensus mechanism, so it is not mined in the traditional Proof-of-Work sense. New AKT tokens are generated as block rewards for network validators and their delegators (stakers). To earn AKT through network participation:
Securing your AKT tokens is paramount. Here are the best practices:
AKT is a popular cryptocurrency listed on several exchanges. For a secure and seamless trading experience with high liquidity, we recommend using a major exchange like BTCC.
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Thank you for your interest in BTCC. Currently, spot and futures trading services for AKT are not supported. As a leading digital asset platform, BTCC is committed to providing a secure and stable trading environment. We recommend completing your account registration and identity verification (KYC) to explore other premium assets and exclusive benefits available on BTCC.
Akash Network (AKT) runs on a Delegated Proof of Stake (DPoS) consensus built with the Cosmos SDK. Holders stake AKT to vote for validators who secure the network, verify host provider configurations, and guarantee workload tenant isolation across the grid.
Staking affects supply by locking AKT out of liquid circulation. When bonding rates are high, tradable supply shrinks, which can tighten sell pressure and support price during periods of rising demand. Issuance rewards paid to stakers and validators add new AKT over time, but the Burn-Mint Equilibrium (AEP-76) offsets this by burning AKT to mint stable internal credits for provider payments.
For long-term price, the key variables are the staking ratio, burn rate tied to real infrastructure demand, and overall network usage. Higher staking plus higher burn means a more supply-constrained AKT, which historically supports a stronger price floor.
Akash Network (AKT) has evolved through network upgrades such as Mainnet 18 and the AEP-76 Burn-Mint Equilibrium. Under AEP-76, deployments mint stable internal credits by burning AKT, and the system automatically executes burns to settle provider payments. This links token scarcity directly to infrastructure demand while built-in circuit breakers safeguard the grid.
For gas fees, the model improves user experience: tenants pay in stable internal credits, so cost is predictable even when AKT price moves. In the background, the open marketplace still settles high-velocity computing auctions via AKT, keeping the token central to network economics.
For value, the burn mechanism makes supply dynamically responsive to demand. As GPU and AI hosting usage grows, more AKT is burned, which can reduce circulating supply and support price. Enterprise teams also benefit from standard corporate billing, marrying compliance with commodity infrastructure rates.
A spot ETF would give traditional investors direct exposure to Akash Network (AKT) through regulated brokerage accounts, without needing to manage wallets or private keys. Institutions such as pension funds, asset managers, and RIAs could allocate to AKT inside existing compliance frameworks.
Sustained institutional inflows would likely raise AKT's liquidity, legitimacy, and price floor. Larger order books reduce slippage, while broader custody and audit coverage can lower perceived risk. Because AKT already trades on 14 exchanges and debuted as an Exchange-Traded Product on Sweden's Spotlight Stock Market in December 2024, an ETF would be a natural next step for institutional access.
That said, ETF flows are not guaranteed. Price impact depends on net inflows, macro conditions, and whether demand for decentralized cloud and AI compute keeps growing alongside the token.
Akash Network (AKT) and Bitcoin (BTC) sit at very different points on the risk curve. AKT is a mid-cap AI and DePIN infrastructure token, while BTC is the largest crypto asset by market cap and the market's primary store-of-value proxy.
| Dimension | Akash Network (AKT) | Bitcoin (BTC) |
|---|---|---|
| Core Positioning | Decentralized cloud and AI compute marketplace | Digital store of value and settlement network |
| Supply Model | Max supply 388,539,008; burn-mint equilibrium | Hard cap 21 million; halving issuance |
| Consensus | Delegated Proof of Stake (Cosmos SDK) | Proof of Work |
| Main Use Cases | GPU/AI hosting, DePIN, staking, governance | Value transfer, reserve asset, ETF exposure |
In performance terms, AKT has shown higher volatility and larger drawdowns than BTC, including a 90-day return of -12.65% versus +9.31% for Bitcoin in the same window. BTC typically offers lower volatility and deeper liquidity, while AKT offers higher beta to AI and DePIN narratives.
On BTCC, you can attach stop-loss (SL) and take-profit (TP) orders directly to your AKT/USDT perpetual contract position. This lets you define risk and reward before the market moves.
Always size positions so a single SL hit does not damage your account, and avoid placing SL exactly at round numbers where liquidity clusters.
The current price of Akash Network (AKT) is $0.651001, with a market cap of $196.968891M and 24h trading volume of $5.974559M. The circulating supply is 298.43M (max supply 388.54M).
These figures update in real time as the market moves, so the numbers you see on this page may differ slightly from the live order book. For the most accurate, up-to-the-second pricing, depth, and funding rate, open the AKT/USDT perpetual contract page on BTCC.
There you can view the live order book, recent trades, open interest, and funding rate, then place a long or short order with your preferred leverage and risk settings.
Akash Network (AKT) price is driven by three main layers:
Because AKT is a mid-cap infrastructure token, it tends to amplify both upside and downside moves in the broader crypto market.
The all-time high of Akash Network (AKT) is $8.081302, reached on 2021-04-06 19:10; the all-time low is $0.167239, recorded on 2022-11-21 20:25.
These two points mark the extremes of AKT's price history and are useful reference levels for long-term holders and futures traders. The distance between them shows how volatile a mid-cap AI and DePIN token can be across a full market cycle.
To inspect the full-cycle chart, open the AKT/USDT perpetual contract page on BTCC. There you can zoom from the all-time high down to the all-time low, overlay moving averages, and mark support and resistance zones before planning a trade.
Reading AKT candlestick charts on BTCC starts with the basics:
Combine these signals on the AKT/USDT chart before placing a leveraged trade.
You can short Akash Network (AKT) without holding any spot tokens by using BTCC's AKT/USDT perpetual contracts. A short position profits when the price falls.
The mechanics are simple: open a short at a high price, then close the position (buy back) at a lower price. The difference between your entry and exit price is your profit, minus fees and funding.
This gives traders a two-way opportunity. In a bear market or during a pullback, you can still seek gains instead of sitting in cash. BTCC's AKT/USDT perpetuals support leverage, SL/TP orders, and a trailing stop so you can manage risk while shorting.
Remember that shorting with leverage magnifies losses if price rises against you, so always set a stop-loss above your entry.
Yes. BTCC offers flexible leverage on AKT/USDT perpetual contracts, up to 50x, subject to the platform's risk rules and your account tier. Higher leverage means a smaller margin requirement for the same position size.
Leverage magnifies both gains and losses. A 1% adverse move at 50x can wipe out a large share of your margin, so risk management is essential.
Beginners should start at 2x to 10x and always attach a strict stop-loss. As you gain experience and a consistent process, you can adjust leverage to match your strategy and volatility conditions. Keep an eye on the funding rate and margin ratio on the AKT/USDT page to avoid forced liquidation.
After registering on BTCC, switch to Demo Trading mode to practice Akash Network (AKT) trading with virtual funds, for example 100,000 USDT, in a risk-free environment.
The demo account uses real AKT market data, so prices, order books, and funding rates behave like the live market. You can practice adjusting leverage, placing market and limit orders, and setting take-profit and stop-loss levels without risking real capital.
Use the demo to test strategies such as long/short setups, trailing stops, and position sizing on AKT/USDT perpetual contracts. Once you are consistently comfortable with the workflow, you can move to live trading with a small amount of real funds.
Follow this four-step flow to buy and trade Akash Network (AKT) on BTCC:
Before going live, you can rehearse the same steps in Demo Trading mode with virtual funds and real AKT market data. Start with low leverage, keep position size small, and always define your stop-loss before entering a trade.
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