Juno Network is a permissionless Cosmos SDK proof-of-stake blockchain built for interoperable smart contracts using CosmWasm. JUNO is the network’s native asset, used for transaction fees, staking, and on-chain governance. Juno’s decentralized mainnet launched on 2021-10-01, and CosmWasm contracts went live later that year.
| Stat | Value |
|---|---|
| Ticker | JUNO |
| Price | $0.006443 |
| Market Cap | $512.04K |
| 24h Change | -5.9% |
CoinGecko market snapshot checked 2026-10-24 at 05:46 UTC. Price, market cap and 24-hour change are volatile; values may refresh automatically.
How It Works
- Smart contracts: developers can deploy Rust contracts compiled to WebAssembly through CosmWasm.
- Interoperability: Juno uses IBC to connect with participating Cosmos ecosystem networks. IBC transfers and cross-chain applications depend on the relevant channel and application configuration.
- Staking and governance: delegators stake JUNO with validators and can participate in on-chain governance. Network rules and rewards are set by chain parameters and governance, so a single APR figure can become stale.
Tokenomics
- JUNO is used to pay network fees, secure the proof-of-stake validator set through delegation, and vote on governance proposals.
- The project’s documentation says 47% of the genesis supply was allocated to ATOM stakers through a 1:1 stakedrop. Juno says it had no seed, private, or public token sale before launch.
- CoinGecko reported about 79.51 million JUNO circulating, 105.63 million total, and a 185.56 million maximum supply in its 2026-10-24 snapshot. Circulating, total, and maximum supply are different measures; the snapshot is not a staking-reward forecast.
Governance History
In March 2022, Juno governance proposal 16 addressed allegations that one entity bypassed the genesis stakedrop’s 50,000-JUNO per-entity cap by consolidating tokens from multiple wallets. Proposal 16 was a signaling text proposal: it expressed support for a response but did not itself change an account balance. The episode became a debate about community governance, allocation rules, and the limits of governance over token balances.
Related Terms
See Also
- Why DAO Governance Votes Often Fall Short
- What Is Tokenomics?
- How Do Crypto Bridges Work, and Why Are They Such a Hack Target?
- Swap crypto with ChangeNOW
Sources
- Juno network documentation — describes the network, its Cosmos SDK and CosmWasm design, native JUNO uses, launch date, and genesis stakedrop.
- Juno governance proposal 16 — provides the on-chain signaling proposal record concerning the 2022 stakedrop-cap dispute.
- Juno governance module guide — explains how proposals and votes are queried and recorded on the chain.
- CoinGecko JUNO market profile — provides the dated price and supply fields used in the market snapshot and tokenomics summary.