Cardano ยท Native Token ยท Utility

The ADA Token

ADA is the native currency of the Cardano blockchain. It powers every transaction, secures the network through staking, and gives holders a voice in on-chain governance.

What ADA is used for

ADA is more than a currency โ€” it is the engine of every action on the Cardano network.

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Transaction Fees

Every Cardano transaction requires a small ADA fee โ€” approximately 0.17 ADA on average. These fees are distributed to stake pool operators and the on-chain treasury.

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Staking & Delegation

Delegate your ADA to a stake pool and earn 3โ€“5% in annual rewards. There is no lockup period โ€” your ADA remains fully liquid and in your wallet at all times.

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On-Chain Governance

Vote on protocol changes and treasury spending proposals directly on-chain. In the Voltaire era, every ADA equals voting power. The community governs Cardano.

Tokenomics

A fixed supply cap and a self-sustaining treasury make ADA a predictable, long-term asset.

Max Supply

45,000,000,000 ADA

Circulating

~36,000,000,000 ADA

Consensus

Proof of Stake (Ouroboros)

Treasury

~1,800,000,000 ADA

The treasury is funded by a portion of transaction fees and monetary expansion. It finances protocol development and ecosystem grants via on-chain governance.

Where to Buy ADA

ADA is available on all major regulated exchanges. Get started on Coinbase, Kraken, or Binance.

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Coinbase

Regulated US exchange ยท Available in 100+ countries

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Kraken

Low fees ยท Advanced trading

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Binance

Largest global volume

Affiliate link โ€” we may earn a commission at no cost to you.

How to Store ADA

Once you have ADA, move it off the exchange into a self-custody wallet.

Hot Wallets (Software)

  • ยท Eternl โ€” feature-rich, multi-account
  • ยท Lace โ€” official IOG wallet, clean UI
  • ยท Vespr โ€” mobile-first, DApp ready

Best for daily use and staking. Keep only spending amounts here.

Cold Wallets (Hardware)

  • ยท Ledger โ€” industry standard, pairs with Eternl or Lace

Best for long-term holdings. Your private key never touches the internet.

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