Kleros is a blockchain dispute-resolution protocol whose courts use selected human jurors to decide cases under published rules. PNK holders can stake tokens to become eligible for jury selection; the amount staked affects selection probability. A token-incentive design can shape participation, but it cannot guarantee that a ruling is correct.
| Stat | Value |
|---|---|
| Ticker | PNK |
| Price | $0.008234 |
| Market Cap | $7.538M |
| 24h Change | +0.1% |
| Circulating Supply | 915.528M PNK |
| Total Supply | 915.528M PNK |
| Max Supply | Not listed by CoinGecko |
Price, market capitalization, and 24-hour change use dynamically loaded CoinGecko data. Supply figures are from a CoinGecko snapshot checked on October 24, 2026.
How Kleros Courts Work
A dispute is submitted to a court with its own policy and fee parameters. Parties provide evidence, and jurors review the material and vote under that court’s process. Depending on the integration, the result can be returned to a smart contract or application. Appeal rounds and enforcement are determined by the relevant court and integration; Kleros is not a state court and does not settle every real-world dispute.
PNK Tokenomics
Project documentation describes PNK as serving two main functions: staking to qualify for juror selection and voting in protocol governance. Juror selection is weighted by the amount of PNK staked in the relevant court. CoinGecko’s October 24, 2026 listing reported 915.528 million circulating and total PNK; it did not list a maximum supply. These are provider-reported supply figures and may change as the data provider updates its records.
Staking and vote-coherence incentives are intended to make attacks costly and encourage careful review. They are economic mechanisms, not proof that jurors are experts or that majority decisions are always accurate. Court policies, evidence quality, participation, and appeals still matter.
Development Status
Kleros’s September 2026 development update reported that Court V1 case links now open on the correct chain, a one-sided appeal-withdrawal issue was fixed in Court V2, and a per-court juror gate remained in development. The same update said contract hardening and red-teaming were ongoing.
Related Terms
See Also
- Why DAO Governance Votes Often Fall Short
- Are Layer 2 Networks Actually Decentralized?
- Why Smart Contract Audits Fail
- Swap crypto with ChangeNOW
Sources
- Kleros PNK token guide — Kleros describes PNK staking for juror eligibility and token-based governance.
- Kleros Yellow Paper — The protocol paper explains stake-weighted juror selection and incentive design.
- September 2026 development update — Kleros reports the latest Court V1 and V2 changes and identifies work that remains in development.
- CoinGecko Kleros market data — The provider’s current page supplies PNK market fields and the dated circulating and total-supply snapshot.