Akash Network is a decentralized cloud compute marketplace built on the Cosmos SDK where cloud providers compete via reverse auction to provide CPU, GPU, memory, and storage resources to deployment requesters — enabling significantly cheaper compute costs (40–90% savings) versus AWS, Google Cloud, and Azure for compatible workloads — with AKT as the staking, fee, and governance token in Tendermint BFT consensus, and GPU support (added 2023–2024) making Akash a DePIN GPU marketplace competitor to io.net, Nosana, and Render Network for AI inference and training workloads.
For a full description of Akash Network’s architecture, SDL deployment files, and founding history, see the Akash Network entry.
| Stat | Value |
|---|---|
| Ticker | AKT |
| Price | $0.50 |
| Market Cap | $130.78M |
| 24h Change | +8.7% |
| Circulating Supply | 262.97M AKT |
| Max Supply | 388.54M AKT |
| All-Time High | $8.07 |
| Contract (Akash) | uakt |
| Contract (Archway) | ibc/C2...F873 |
| Contract (Osmosis) | ibc/14...3EF4 |
AKT Token Economics
| Parameter | Value |
|---|---|
| Ticker | AKT |
| Max supply | ~388.5 million AKT |
| Consensus | Tendermint BFT (100 active validators) |
| Staking reward | ~15–20% APR for delegators (variable with staked ratio) |
| Payment | Compute deployments can be paid in AKT or USDC |
| Governance | AKT holders vote on chain upgrades, parameter changes |
Use Cases
- Compute payments — Pay for Akash cloud deployments in AKT or USDC.
- Validator staking — Stake AKT to earn Tendermint block rewards and transaction fees.
- AI GPU compute — Deploy AI inference models (Stable Diffusion, Llama) at significantly lower cost than AWS.
Last updated: 2026-04