Price change (24h):
5.97%
High (24h):
$0.072645
Low (24h):
$0.068276
Volume (24h):
$3.31M
Market Cap:
$5.97M
All Time High:
99.69% $22.37
Nov 27, 2021
All Time Low:
6% $0.06
Jun 30, 2026
71.37 %(1Y)
$0.068283
Price change (24h):
5.97%
High (24h):
$0.072645
Low (24h):
$0.068276
Volume (24h):
$3.31M
Market Cap:
$5.97M
All Time High:
99.69% $22.37
Nov 27, 2021
All Time Low:
6% $0.06
Jun 30, 2026
Gitcoin (GTC) is a cryptocurrency operating on the Ethereum network. The token functions as the governance and incentive layer for a decentralized platform that channels financial support into open-source software development.
The protocol targets a persistent market failure: the chronic underfunding of digital public goods. Maintainers of critical infrastructure often toil without compensation while their software underpins billion-dollar ecosystems. Gitcoin structures a solution where communities directly fund, build, and protect what matters, bypassing inefficient grant-making intermediaries and solving the free-rider problem inherent in open-source collaboration.
GTC operates on the Ethereum network. A secondary contract deployment exists on Near Protocol, broadening the asset's accessibility across blockchain environments and enabling low-cost transactions for governance participation.
As an ERC-20 token, GTC adheres to a familiar standard for exchanges, wallets, and composability. The DAO framework governs the protocol, enabling token-weighted voting on treasury allocations and operational parameters. Smart contracts on Ethereum enforce these governance outcomes without centralized custodianship, rendering the funding process verifiable and tamper-proof.
Gitcoin emerged from the practical recognition that open-source work requires structured economic incentives beyond volunteerism. The project initially operated as a centralized grants platform before decentralizing via a token distribution, transforming passive supporters into active governors of the funding treasury. The transition to a DAO granted token holders direct control over matching pools and partnership decisions.
The long-term objective is to reconstruct public goods funding as a programmable, transparent, and community-owned infrastructure layer. By encoding grant distribution into on-chain logic, the ecosystem aims to eliminate the opacity and gatekeeping typical of legacy philanthropic models. It envisions an internet-native funding membrane where any developer can propose work and receive capital based purely on merit and community conviction.
Mechanically, GTC serves as the staking asset for participation in grant rounds. Token holders deposit GTC into the DAO to gain voting power proportional to their lockup, determining which projects receive matching funds from the community treasury. In parallel, contributors earn the token by completing bounties posted by projects within the ecosystem.
Project teams sponsor bounties using GTC pools to attract skilled developers for resolving issues. Contributors accumulate the token for delivering verified code merges and bug fixes, later converting it into stablecoins or restaking it to amplify their voting weight for subsequent grant cycles. Curators stake tokens to signal confidence in project legitimacy, risking their own position if a grantee underperforms.
Gitcoin has a maximum supply of 100,000,000 tokens. Currently, 87,491,501.90 are in circulation. With a market capitalization of $8,805,404, Gitcoin ranks #1,292 among all cryptocurrencies.
| Date | Open | Close | High | Low |
|---|---|---|---|---|
| 08/07/2026 | $0.07 | $0.07 | $0.07 | $0.07 |
| 07/07/2026 | $0.07 | $0.07 | $0.08 | $0.07 |
| 06/07/2026 | $0.07 | $0.07 | $0.08 | $0.07 |
| 05/07/2026 | $0.08 | $0.07 | $0.08 | $0.07 |
| 04/07/2026 | $0.08 | $0.08 | $0.08 | $0.08 |
| 03/07/2026 | $0.07 | $0.08 | $0.08 | $0.07 |
| 02/07/2026 | $0.07 | $0.07 | $0.08 | $0.07 |
| 01/07/2026 | $0.07 | $0.07 | $0.07 | $0.07 |
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