Illuvium (ILV) is the governance and staking reward token for Illuvium — an ambitious AAA open-world RPG and PvP auto-battler game on Ethereum and Immutable X (a ZK-rollup for NFTs) — where players explore alien landscapes, capture Illuvials (creature NFTs), and battle in a player-vs-player arena, with ILV earned through staking and competition distributed from a protocol revenue-sharing pool.
| Stat | Value |
|---|---|
| Floor Price (USD) | $4.23 |
| Floor Price (ETHEREUM) | 0.0018 ETHEREUM |
| Total Supply | 5,405.0 |
Floor price from CoinGecko as of 2026-04-16. Highly volatile — check OpenSea for current prices.
How It Works
- Game structure — Illuvium consists of multiple game modes: Overworld (open-world RPG exploration and Illuvial capture), Arena (auto-battler PvP), and Zero (city-building mobile game).
- Illuvials (NFTs) — Creatures captured in the game are ERC-721 NFTs on Immutable X. Each Illuvial has unique traits (species, class, affinity) affecting battle performance.
- ILV staking — ILV holders stake tokens to earn a share of protocol revenue. Revenue comes from in-game ETH spent in the in-game store (IlluviDEX).
- sILV2 (in-game currency) — sILV2 is the in-game soft currency used for item purchases. It can be earned in-game or minted by stakers as an alternative to ILV rewards, providing an in-game versus governance token distinction.
- Revenue sharing — Unlike many play-to-earn models, ILV stakers receive ETH-denominated revenue from in-game purchases, not newly minted tokens, making ILV a genuine yield-bearing asset.
- Immutable X — Illuvium uses Immutable X (an Ethereum ZK-rollup) for gas-free NFT minting and trading.
Tokenomics
| Parameter | Value |
|---|---|
| Ticker | ILV |
| Max Supply | 10,000,000 (10 million) |
| Secondary token | sILV2 (in-game soft currency) |
| Launch | June 2021 (token); beta/full game releases later |
| Staking yield | Paid in ILV or sILV2 from protocol revenue |
| Chain | Ethereum (ILV token) + Immutable X (NFTs) |
Use Cases
- Governance — Vote on Illuvium protocol and game design proposals.
- Staking — Stake ILV for revenue share from in-game purchases.
- In-game items — Purchase cosmetics and items in the IlluviDEX.
- NFT gaming — Play Illuvium games owning true Illuvial NFT assets.
History
- 2020 — Kieran and Aaron Warwick (brothers) found Illuvium. The team begins developing a high-quality AAA game to serve as a flagship blockchain game.
- 2021-03 — Private sale raises $5 million for Illuvium development.
- 2021-06 — ILV public token sale via Balancer LBP. ILV launches to significant market interest. Staking goes live.
- 2021 Q3–Q4 — ILV peaks at approximately $1,800+ per token on speculative demand for the game (which is not yet launched). One of the highest per-token prices in gaming crypto.
- 2022 — ILV price falls significantly with the broader market. Game development continues. Beta tests begin.
- 2023 — Illuvium Overworld and Arena beta launches. Game is playable. Broader than expected but still limited player base.
- 2024 — Illuvium Zero (mobile city-building game) launches. Full Illuvium Overworld and Arena available to players. Ongoing development continues.
Common Misconceptions
“ILV rewards come from minting new tokens indefinitely.”
A significant part of ILV staker rewards comes from the Vault — protocol revenue derived from in-game ETH purchases. This is distinct from pure inflation-based emission models.
“Illuvium is a simple play-to-earn game.”
Illuvium is a multi-game ecosystem with AAA production values, significantly higher than most blockchain games. It explicitly positions itself as a “play-and-earn” game rather than a pure “play-to-earn” model focused on earning.
Social Media Sentiment
ILV generated the most pre-launch enthusiasm of any blockchain gaming token in 2021, with high-quality trailers driving massive expectations. The extended development timeline slightly disappointed some early investors. Actual game release has generally received positive reviews for quality, though the player base is smaller than hoped. ILV is generally viewed as the most ambitious attempt at a true AAA blockchain game.
Last updated: 2026-04