Quai Network Price

Quai Network (QUAI) is a cryptocurrency launched in 2025 that functions as the native asset within a privacy-focused, mineable smart contract platform. Categorized as a Layer 1 network with a merge-mined architecture, it brackets smart contracts, privacy, and proof-of-work into a single composable ecosystem.

The network targets the inherent bottlenecks of traditional blockchain scalability. Coordination of an infinite number of execution shards—each a distinct blockchain—unfolds through the Proof-of-Entropy-Minima (PoEM) consensus algorithm, which erases the usual consensus contention. This structure enables a sustained throughput beyond 50,000 transactions per second, with blocks landing roughly every 1.1 seconds.

Quai Network operates on the Ethereum network using proof-of-entropy-minima, an unconventional design that enables merge-mining across a perpetually expanding array of parallel chains. Rather than a single ledger, the system maintains a multithreaded environment where miners validate multiple shards simultaneously.

The architecture amounts to a composable multithreaded execution landscape. Miners, operating under proof-of-work, confirm blocks approximately every 1.1 seconds. This design weaves together independent blockchains into a unified whole, pushing transactional capacity past 50,000 per second without traditional data congestion.

Quai Network launched on February 17, 2025, after a development phase aimed at dissolving the coordination overhead that hampers monolithic chains. Its source code is openly maintained under the dominant-strategies GitHub organization, where it has collected over 2,400 stars. Early trading activity surfaced across 25 markets, with liquidity aggregating from a growing user base across Telegram and Reddit communities.

The long-term ambition rests on delivering a blockchain architecture that scales horizontally without sacrificing the core tenets of decentralization or security. Quai seeks to become a permissionless, privacy-enhanced computation layer for global applications, where an unbound set of merge-mined shards handles workloads that would choke conventional networks. Programmable money and confidential smart contracts sit at the center of this vision.

Within the protocol, QUAI exists as the native gas token. Every smart contract invocation, state change, or data storage operation demands a fee denominated in QUAI, which is then distributed to the miners whose hash power secures the shards. The asset thus underpins the entire economic flywheel—miners earn newly minted QUAI, while users must acquire it to transact, deploy code, or invoke privacy layers.

Miners direct computational resources to produce blocks under the PoEM framework and collect block rewards in QUAI, an arrangement that keeps the shard set expanding without central coordination. Application developers and protocol users must hold or continuously purchase QUAI to cover execution costs, creating a structural demand loop. Network participants who engage with private transactions similarly rely on the token as a settlement medium.

Quai Network has an unlimited maximum supply of tokens. Currently, 981,601,452 QUAI circulate in the market. With a market capitalization of $36,146,327, the asset ranks #596 among all cryptocurrencies by that metric.