Swap ATH at the Best Rate

ATH is the utility token of Aethir, a decentralized GPU cloud that rents enterprise-grade graphics hardware to AI and gaming companies. GPU owners plug capacity into the network as containers, independent checker nodes verify their performance, and ATH is the asset the network pays and settles in. The token launched on 12 June 2024 on Ethereum with a fixed supply of 42 billion.

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ATH
0.003739-3.36%
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Stats

Market cap
$75.4M
Fully diluted valuation (FDV)
$157.3M
Circulating supply
20.1B ATH
Total supply
42B ATH
Volume (24h)
$24.0K
Swaps (24h)
Contract address
0xbe0e…226b

Data updated 2026-08-18

About ATH

ATH is a token traded on Ethereum. On 1inch, the swap aggregator compares supported routes across DEX liquidity to help improve a crypto swap involving ATH, while you keep full control of your funds in your own wallet.

ATH ranks #84 by 24-hour trading volume among the tokens tracked on 1inch, with $24.0K traded over the last day. It is a micro-cap asset, with a market capitalization of around $75.4M. Beyond Ethereum, the 1inch token catalog lists ATH on one more network.

ATH at a glance

Launched
12 June 2024, with the Aethir mainnet
Issuer
Aethir, founded 2021, led by Daniel Wang and Mark Rydon
Token standard
ERC-20 on Ethereum; rewards distributed on Arbitrum
Supply
Fixed; 15% to checkers, 23% to Edge, 6% to airdrops, rest vesting
Maximum supply
42,000,000,000 ATH
Primary utility
Compute payments, staking and node rewards in the GPU network

What is ATH?

ATH powers Aethir, a decentralized physical infrastructure network for GPU compute founded in 2021. Instead of building data centers, Aethir aggregates idle enterprise-grade GPUs, including data-center cards used for AI training and inference, from providers around the world and rents them to clients in AI, machine learning and cloud gaming.

The token is the network's economic layer. Compute providers and the node operators who police them are rewarded in ATH, staking programs run in it, and it serves as the medium of exchange for the network's services. The canonical ERC-20 contract lives on Ethereum, while day-to-day reward distribution happens on Arbitrum and a bridged version circulates on Solana.

How ATH works

Aethir splits its network into three roles. Containers are the GPU machines that actually run workloads. Checkers are lightweight verification nodes that continuously test containers' specifications, uptime and quality of service. Indexers match incoming demand to the best-placed containers, favoring low latency for uses like cloud gaming.

Checkers are deliberately decentralized: Aethir sold more than 91,000 checker node licenses to over 22,000 buyers in March 2024, and license holders earn daily ATH rewards for keeping their nodes running, either themselves or through delegation to node-as-a-service operators. Container operators earn ATH for proven capacity and delivered compute, and an Aethir Edge device program extends the network to consumer-hosted hardware.

ATH supply and tokenomics

Supply is fixed at 42 billion ATH. The published allocations dedicate 15% of supply to checker node rewards over roughly four years and 23% to Aethir Edge distribution, with 6% reserved for community airdrop seasons that began with the Cloud Drop campaign at launch. Team, investor and ecosystem tranches vest on multi-year schedules.

Staking launched the same day as the token, with pools that pair ATH with the network's AI and gaming partner ecosystems, and a liquid staking representation exists. Rewards for checkers and stakers are emissions from the fixed supply, so they wind down as allocations deplete rather than inflating the cap.

Who builds ATH

Aethir was founded in 2021 by chief executive Daniel Wang, previously in publishing and operations roles at Riot Games, and Mark Rydon, who leads strategy. Kyle Okamoto, formerly chief network officer at Verizon Media and head of Ericsson's IoT business, is chief technology officer, and Paul Thind, with a background in games publishing, leads revenue.

The company is Singapore-based and enterprise-first: rather than starting with hobbyist hardware, it signed capacity and client contracts with data centers, telecoms and game studios, and it publishes network and revenue updates through its own blog and ecosystem reports.

What people use ATH for

ATH is the working asset for every role in the network, and most holders participate through staking or node rewards.

  • Pay for GPU compute sessions and services inside the Aethir network.
  • Earn daily rewards for operating or delegating a checker node license.
  • Earn provider rewards for contributing GPU capacity as a container.
  • Stake ATH in the network's AI and gaming pools.
  • Bridge between Ethereum, Arbitrum and Solana deployments as needed.

ATH risks and considerations

ATH is an emissions-funded network token: checker and provider rewards come from fixed allocations, so participation economics depend on the token's market value, and team, investor and ecosystem tranches keep vesting for years after launch, growing the tradable supply toward the 42 billion cap.

The business risk is demand. Aethir competes with centralized clouds and other GPU networks for AI and gaming workloads, and how tightly enterprise revenue couples to on-chain token demand depends on how clients pay for compute. Rewards also concentrate among large license and hardware holders, and the multi-chain setup means you should verify you are trading the canonical Ethereum contract or its official Arbitrum and Solana counterparts.

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Sources

Content reviewed July 25, 2026