What is Obyte (GBYTE)?
Launched on Dec 25, 2016, Obyte is a distributed ledger based on directed acyclic graph (DAG). Thanks to absence of blocks and miners, access to Obyte ledger is decentralized, disintermediated, free (as in freedom), equal, and open. Obyte is the first DAG based cryptocurrency platform to support dApps. Due to absence of miners and blocks, there is no risk of front-running and other miner manipulation, and dApps are safer and easier to develop than blockchain based dApps.
How does Obyte work?
DApps are developed in Oscript - a new language that avoids many unsafe programming patterns common in earlier dApp platforms. Thanks to its safety, Obyte is especially well suited for DeFi apps, some are already available on the platform, such as Discount Stablecoins (https://ostable.org), some are being developed. Other features include: self-sovereign identity, private untraceable currencies, sending crypto to email using textcoins, and extremely small-footprint libraries suitable for small IoT devices.
Where can you buy Obyte?
Obyte (GBYTE) is traded on a wide range of centralized and decentralized exchanges. The most liquid markets for GBYTE sit on tier-1 venues - the sort of exchanges where institutional desks and professional market makers rebalance continuously - which is what keeps the spread tight and the last price tied closely to fair value.
You can open the Markets section above to see the live list of exchanges quoting GBYTE, sorted by 24-hour volume. Each row links to the venue's trade page so you can go directly from research to execution without copying the ticker around by hand.
What is the daily trading volume of Obyte (GBYTE)?
The reported 24-hour trading volume of Obyte is $8.72K. Volume is a live reading of how much GBYTE changed hands across all tracked exchanges in the past day and tends to rise during periods of price discovery and fall during consolidation.
For traders, the ratio between volume and market cap is often more informative than either number on its own: a high vol-to-mcap ratio indicates liquid, actively traded supply, while a low ratio suggests that most holders are sitting on the asset.
What is the highest and lowest price for Obyte (GBYTE)?
Obyte reached an all-time high of $1,185.39 on January 13, 2018, and an all-time low of $0.8382 on November 28, 2023. It is currently trading -99.56% from its peak and +527.78% from its bottom.
The distance from ATH is a useful gauge of recovery potential during a bear market and of stretched positioning during a bull market. Combined with the all-time-low figure it provides a quick statistical frame for thinking about where GBYTE sits in its long-run price range.
What is the market cap of Obyte (GBYTE)?
Obyte's market capitalization is currently $4.90M, and it is ranked #1734 by market cap on Cryptopricing. Market cap is calculated as the current price multiplied by the circulating supply (932.25 thousand GBYTE are actively circulating today).
Market cap is a common but imperfect measure. It reflects the theoretical value of every circulating token at the current market price, but it doesn't capture how thin the top of the order book might be - an important caveat for tokens with low floats or illiquid cap tables.
What is the fully diluted valuation of Obyte (GBYTE)?
The fully diluted valuation (FDV) of Obyte is $5.25M. FDV is a projection of what the market cap would be if every token that will ever exist - including those that have not yet been unlocked, mined or issued - were in circulation at the current price.
FDV is a useful second reading alongside market cap. A large gap between mcap and FDV signals that future token emissions could dilute current holders, while a small gap indicates that supply is already mostly out.
How does the price performance of Obyte compare against its peers?
Over the past 24 hours, Obyte has moved -5.57%. Over the past seven days, the change is +7.65%. Comparing these figures to the global crypto market cap change (shown in the ticker at the top of this page) tells you whether GBYTE is leading, lagging or tracking the broader market.
For deeper analysis, the categories strip on the home page groups coins by theme - Layer 1, Meme, DePIN, AI, RWA and so on - and lets you compare Obyte against its closest peers. The category detail pages surface the underlying coins and their seven-day sparklines in a single view.
How to store Obyte?
Like any crypto asset, the right way to store GBYTE depends on how often you plan to use it. Long-term holders typically self-custody using a hardware wallet such as Ledger or Trezor, which keeps private keys offline and immune to most remote attacks.
For active traders, a reputable custodial exchange wallet can be appropriate, especially one with clear proof-of-reserves attestations. Whatever approach you choose, the most important rule is to keep your recovery phrase offline, never share it, and never enter it into a web form or attached to a DM - no legitimate support agent will ever ask for it.
