GLM
$0.22
Golem (GLM) Price
$0.22
Golem (GLM) Price Today
The live price of Golem is 0.22 USD. In the past 24 hours, the trading volume of Golem was 10,920,293.99 USD, up by 1.27%. The current price has decreased by -18.70% from its 7-day high of 1.32 USD, and increased by 0.00913753% from its 7-day low of 0.21 USD. With a circulating supply of 1,000,000,000.00 Golem, the market cap of Golem is currently 240,265,960.00 USD, down by 0% in the last 24 hours. Golem currently ranks #258 by market capitalization among cryptocurrencies.
Golem (GLM) Market Data
Market Cap
$221.9M
24h Volume
$10.9M
Circulating Supply
1B GLM
Maximum Supply
--
Fully Diluted Market Cap
$221.9M
Liquidity Indicator
4.92%
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About Golem (GLM)
How can I buy Golem (GLM)?
Buying Golem (GLM) on BingX is simple and secure. Create an account, deposit USDT or another supported asset, and purchase Golem (GLM) directly in the Spot Market. The tokens will then appear in your BingX Spot Wallet, ready for trading or transfer at anytime. Discover How to Buy GLM Guide for more information.
What Is Golem (GLM) and How Does It Work?
Golem (GLM) is a decentralized computing network that lets users rent out unused CPU and GPU power in exchange for crypto. Instead of relying on centralized cloud providers, Golem creates a global peer-to-peer marketplace where anyone can supply or request computing resources. The GLM token serves as the network’s native currency, enabling secure payments between requestors and providers.
The network works by splitting computational tasks into smaller subtasks, distributing them across multiple providers, and verifying the results before returning them to the user. This architecture supports a wide range of workloads such as AI/ML model training, video and CGI rendering, scientific simulations, and large-scale data processing. Developers can build applications that tap directly into Golem’s distributed compute layer using its open-source tools and APIs.
Because Golem is built on Ethereum, GLM tokens follow the ERC-20 standard and can be used across the broader Web3 ecosystem. The platform removes technical barriers for users who need affordable compute power while giving providers a way to monetize idle hardware. This makes Golem a flexible, cost-efficient alternative to traditional cloud services and one of the earliest real-world implementations of decentralized compute.
When Did Golem Network Launch?
Golem Network was founded in 2016 by Piotr Janiuk, Andrzej Regulski, and Julian Zawistowski with the vision of building a decentralized, peer-to-peer marketplace for global compute power. The project conducted its ICO in November 2016, launched its first mainnet version, Brass Golem, in April 2018, and later upgraded the ecosystem with a new ERC-20 token, GLM, replacing the original GNT token in 2020. Since then, Golem has continued expanding support for advanced compute tasks, developer tooling, and AI/ML workloads.
Golem Roadmap Highlights
- 2016 – Project founded, ICO raises $8.6 million.
- 2018 – Brass Golem mainnet launch with basic CPU compute marketplace.
- 2020 – GLM token migration replaces GNT; introduction of new network architecture.
- 2021–2023 – Support added for Docker tasks, WASM, and advanced developer APIs.
- 2024–2025 – Enhanced GPU compute support, AI/ML task integrations, and broader ecosystem partnerships for decentralized compute applications.
What Is the GLM Token Utility?
The GLM token is the native utility asset of the Golem Network, used to pay for and receive payments for computing tasks within the decentralized marketplace. Requestors use GLM to compensate providers for CPU/GPU power, while developers integrate GLM into applications that rely on Golem’s distributed compute layer. GLM also powers network incentives, enabling a trustless, borderless exchange of compute resources across the platform.
You can trade GLM tokens on the BingX spot market by searching for the GLM/USDT trading pair on the Spot tab and placing a market or limit order. After your trade executes, your GLM tokens will be stored securely in your BingX account wallet, ready for use or withdrawal.
What Is Golem Tokenomics?
Golem (GLM) tokenomics are built around a fixed-supply, utility-driven model designed to power the network’s decentralized compute marketplace. GLM has a max and total supply of 1 billion tokens, with no additional minting, giving it a predictable and non-inflationary structure. The token originally existed as GNT, but a 1:1 migration to the ERC-20–based GLM token began in 2020 to improve compatibility, security, and usability across the Ethereum ecosystem.
Within the Golem Network, GLM functions as the payment currency between compute requestors and providers. Users spend GLM to access CPU/GPU power, while providers earn GLM for completing tasks such as AI/ML processing, rendering, or simulation workloads. Because Golem is permissionless, pricing is market-driven, providers can set their own rates, creating a competitive marketplace for global computing power.
The token’s value is tied to network activity, developer adoption, and demand for decentralized compute. As more applications rely on Golem for scalable compute workloads, GLM’s utility grows. With a capped supply, its tokenomics emphasize real usage rather than inflationary rewards, supporting long-term sustainability and ecosystem growth.
What Are Some Real-World Applications of Golem Network?
Golem Network enables real-world applications that require affordable, scalable computing power without relying on centralized cloud providers. Users can run workloads such as AI and machine learning model training, data analysis, scientific simulations, and CGI or video rendering by tapping into distributed CPU and GPU resources supplied by a global network of providers. This makes Golem useful for developers, researchers, artists, and startups who need on-demand compute at lower cost.
The platform also supports decentralized applications (dApps) that integrate compute tasks directly into their workflows, including tools for automated content generation, optimization algorithms, and distributed processing pipelines. By using Golem’s peer-to-peer architecture, these applications benefit from improved scalability, redundancy, and resistance to single points of failure, unlocking a broader ecosystem of open, permissionless compute solutions.
What Blockchain Does Golem Operate on?
Golem operates on the Ethereum blockchain, using the ERC-20–based GLM token to power payments and interactions within its decentralized compute marketplace. By building on Ethereum, Golem benefits from a secure, battle-tested smart contract environment and broad wallet compatibility. GLM tokens can also be used across Layer-2 networks and EVM-compatible ecosystems, making it easier for users to transact with lower fees while still leveraging Golem’s global peer-to-peer infrastructure.
How to Store GLM Tokens Securely
The easiest and most secure way to store GLM tokens is by keeping them in your BingX account wallet. When you trade GLM on the BingX spot market, your tokens are automatically stored in a protected environment backed by industry-standard security measures, multi-layer risk controls, and cold-storage asset management. This option is ideal if you actively trade GLM or prefer a custodial solution that handles security and private-key management for you.
You can also store GLM in any ERC-20 compatible self-custody wallet, such as MetaMask, Trust Wallet, Ledger, or Base App. These wallets give you full control over your private keys and allow you to use GLM across Ethereum and Layer-2 networks. For maximum security, hardware wallets like Ledger or Trezor are recommended, especially if you plan to hold GLM long-term or interact with DeFi applications.
Is Golem (GLM) a Good Investment?
Golem (GLM) can be considered a promising investment for users who believe in the long-term growth of decentralized computing and the rising demand for affordable, global GPU/CPU power. As AI, machine learning, and high-performance computing workloads expand, Golem offers a real utility-driven alternative to centralized cloud providers by enabling a permissionless, peer-to-peer compute marketplace.
Its fixed 1 billion token supply, active developer ecosystem, and growing support for advanced workloads like AI/ML and rendering help strengthen GLM’s long-term value proposition. However, like all crypto assets, GLM’s performance depends on adoption, market competition, and broader industry trends, so investors should evaluate risks carefully.
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Golem (GLM) Price Converter
- GLM to USD1 GLM = $ 0.22
- GLM to VND1 GLM = ₫ 5,922.65
- GLM to EUR1 GLM = € 0.19
- GLM to TWD1 GLM = NT$ 7.03
- GLM to IDR1 GLM = Rp 3,749.81
- GLM to PLN1 GLM = zł 0.81
- GLM to UZS1 GLM = so'm 2,687.90
- GLM to JPY1 GLM = ￥ 34.90
- GLM to RUB1 GLM = ₽ 17.25
- GLM to TRY1 GLM = ₺ 9.55
- GLM to THB1 GLM = ฿ 7.15
- GLM to UAH1 GLM = ₴ 9.43
- GLM to SAR1 GLM = ر.س 0.84
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Disclaimer:
Price analysis and valuation are influenced by multiple factors, and theoretical projections do not guarantee that a token will reach a specific price level. The information provided is for informational purposes only and does not constitute investment advice. Investors should conduct their own research before making any financial decisions.
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