Overview
Helium(HNT)
Token Price$0.62
24h Change+2.02%
All Time HighNov 12, 2021$54.88
All Time LowApr 18, 2020$0.11
Key Metrics
Market Cap$112.96m
Fully Diluted Valuation$137.98m
Circ. Supply182.57m HNT
Max Supply223m HNT
Outstanding FDV$137.1m
Volume 24h$4.85m
CEX Volume$2.47m
DEX Volume$2.52m
Token Liquidity$3.27m
Raydium AMM · Solana$2.22m
Orca DEX · Solana$1.06m
Income Statement for Helium Network
| Q2 2026* | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | |
|---|---|---|---|---|---|---|---|---|
Gross Protocol Revenue | $3.05M | $3.91M | $5.20M | $2.94M | $1.10M | $737.43K | $938.11K | $50.58K |
| Data Credits Burned | $3.05M | $1.39M | ||||||
Cost of Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Gross Profit | $3.05M | $3.91M | $5.20M | $2.94M | $1.10M | $737.43K | $938.11K | $50.58K |
| HNT Token Burns | $3.05M | $1.39M | ||||||
Incentives | $799K | $1.48M | $2.55M | $4.51M | $7.90M | $9.20M | $16.71M | $14.33M |
Earnings | $2.25M | $2.42M | $2.64M | -$1.56M | -$6.79M | -$8.46M | -$15.77M | -$14.28M |
Token Holder Net Income | $3.05M | $3.91M | $5.20M | $2.94M | $1.10M | $737.43K | $938.11K | $50.58K |
| HNT Token Burns | $3.05M | $1.39M |
Markets
Token Rights and Value Accrual
Updated May 09, 2026Overview
- Token(s)
- HNTveHNTIOTMOBILE
- Token Type
- UtilityNetwork
- Utility
- Protocol Access
HNT is the primary utility and reward token of the Helium Network, earned by hotspot operators for providing wireless coverage and data transfer in IoT and mobile subnetworks, with fees burned to create deflationary pressure following the 2025 consolidation from MOBILE and IOT tokens.
Governance Rights
ControlVoting is enabled by locking HNT for veHNT. Delegating veHNT and voting regularly earns HNT rewards
Governance Decisions
Treasury Decisions
Revenue Decisions
Fee Switch
OFFIn January, Helium founder announced buybacks would cease in order to route revenue to growth
Primary Value Accrual
Deflationary supply reductionValue accrues through HNT token burns
Equity Statement
Carrier demand drives token burns. Data Credits (DC) are a USD-pegged utility token derived from HNT and are used to pay fees on the Helium Network. DC is only produced by burning HNT. This HNT to DC relationship is based on a design commonly called a burn and mint equilibrium and intends to allow for the supply of HNT to respond to network usage trends.
Economic Rights
Value CaptureAutomated buybacks & burns dependent on usage
Buybacks
N/ADividends
N/ANo dividend or revenue distribution is currently active
Burns
ActiveHNT can be burned to mint Data Credits, increasing HNT burned for more usage
Ownership
- Fundraising
- Equity
- Equity Revenue Capture
- Unknown
- Associated Entities
- EquityFoundationOther
Token Usage
An is required to view token usage.
Unlocks
An is required to view token unlocks.
Yields
Tracking 7 pools, average APY 27.36%
Pool | Project | Chain | 30d APY Chart | ||||||
|---|---|---|---|---|---|---|---|---|---|
| open in new tabHNT-WSOLStandard - 0.25% | $621,737 | 18.72% | 18.72% | 10.50% | |||||
| open in new tabHNT | 🪂 | $307,337 | 0% | 0% | 0% | ||||
| open in new tabHNT-USDC | $91,913 | 0% | 0% | 44.09% | |||||
| open in new tabSOL-HNT | $57,978 | 13.09% | 13.09% | 14.20% | |||||
| open in new tabSOL-HNT | $27,331 | 4.98% | 4.98% | 5.35% | |||||
| open in new tabHNT-USDC | $26,321 | 1.98% | 1.98% | 3.26% | |||||
| open in new tabHNT-MOBILE | $10,386 | 125% | 125% | 46.58% |