COTI Price Today – Live COTI Chart

What is COTI?

COTI (Currency Of The Internet) is a fintech-focused blockchain protocol that has evolved from its original role as a DAG-based payment network into the first privacy layer for Ethereum powered by garbled circuits technology. Co-founded in 2017 by David Assaraf and Samuel Falkon, the project launched its mainnet in June 2019 with a mission to bridge traditional finance and decentralized payments.

The team combines deep expertise in cryptography, enterprise software, and payment processing; COTI presented Dr. Nir Haloani as its chief technology officer in 2019, and Haloani is the lead author of the COTI V2 whitepaper. Shahaf Bar-Geffen led COTI as CEO from its early years until September 2026, when the ZK Foundation took over the project's direction and Bar-Geffen stayed on as an advisor.

In 2024, COTI announced its most significant pivot to date: COTI V2, an Ethereum Layer 2 built around garbled circuits — a multi-party computation primitive originally proposed by Andrew Yao in the 1980s — now adapted for on-chain privacy. This technology allows smart contracts to operate on encrypted data without ever decrypting it, unlocking confidential DeFi, private identity, and sealed-bid markets while preserving full EVM compatibility.

The COTI ecosystem currently spans the Djed stablecoin (issued in collaboration with Cardano and IOG), the Treasury staking program that has locked hundreds of millions of tokens, and the COTI Pay suite for merchant processing. Strategic partnerships include Input Output Global (IOG) for the Djed algorithmic stablecoin on Cardano, Civic for identity verification, Simplex for fiat on-ramps, and Cardano Foundation for broader ecosystem integration.

COTI has also collaborated with Chainlink for oracle services and has integrated with major exchanges including Binance, KuCoin, and Gate.io. A notable milestone was the token migration that came with V2, which lets holders move from the legacy COTI token to the V2 network; COTI publishes the current supply details in its official documentation. The ecosystem today includes a growing developer community building privacy-preserving dApps, with testnet activity ramping up throughout 2024 and early 2025.

COTI's positioning is distinctive: rather than competing directly with general-purpose L2s like Arbitrum or Optimism, it targets the niche of confidential computing, a vertical where competitors include Aztec, Secret Network, and Oasis, but where COTI claims technical advantages through garbled circuits' ability to handle arbitrary computation at faster speeds than fully homomorphic encryption (FHE).

The project is headquartered in Israel with contributors across Europe, North America, and Asia, and it remains publicly traded via the COTI token on dozens of centralized and decentralized exchanges. For traders watching the Coti price, key catalysts include V2 mainnet launch milestones, dApp deployments, Treasury APR adjustments, and broader Ethereum L2 narrative rotations.

The current state reflects a project in transition, balancing its legacy payments business with an ambitious pivot to become critical infrastructure for privacy-preserving Web3 applications.

Key Features of COTI

• Garbled Circuits Privacy: COTI V2 is the first Ethereum Layer 2 to implement garbled circuits for on-chain confidential computing, enabling encrypted smart contract execution without decryption. This cryptographic approach supports general-purpose private computation at speeds significantly faster than fully homomorphic encryption alternatives.
• EVM Compatibility: Developers can deploy confidential Solidity contracts on COTI V2 using familiar Ethereum tooling like Hardhat, Remix, and MetaMask. This drastically lowers the barrier for existing Ethereum dApps to add privacy features without rewriting their codebase in a new language.
• Trustchain DAG Consensus: The legacy COTI network uses a directed acyclic graph architecture that scales horizontally with transaction volume rather than creating block congestion. This design delivers sub-second confirmation times and transaction fees that remain fractions of a cent even at peak throughput.
• Treasury Staking Program: COTI holders can lock tokens in the Treasury to earn variable yield denominated in COTI, with rewards tied to network revenues and ecosystem incentives. The program supports multiple lock-up durations and automatic compounding, making it one of the deepest staking pools among mid-cap tokens.
• Djed Stablecoin Integration: COTI is the issuer and operator of Djed, an overcollateralized algorithmic stablecoin on Cardano developed with IOG; Djed is backed by an ADA reserve with SHEN as its reserve coin, and part of its fees is converted into COTI for the COTI Treasury. This integration gives COTI a revenue-generating role outside its own chain and ties its utility to the broader Cardano DeFi ecosystem.

COTI Use Cases

• Confidential DeFi: Traders and institutions can execute swaps, lending, and liquidity provision on COTI V2 without broadcasting positions, balances, or strategies to the public mempool. This is designed to make MEV extraction, front-running and strategy copying, which affect transparent DeFi protocols, much harder.
• Private Payments: Merchants and users can send stablecoins and tokens with amounts hidden from block explorers while still settling on an Ethereum-secured Layer 2. This bridges the compliance-friendly architecture of public blockchains with the privacy expectations of traditional bank transfers.
• Sealed-Bid Auctions: NFT marketplaces, treasury sales, and token launches can run auctions where bids remain encrypted until settlement, which is designed to stop bid-sniping, though it cannot stop bidders from colluding off-chain. Garbled circuits compute the winning bid without any party, including validators, seeing individual bid values.
• On-Chain Credit Scoring: Lending protocols can evaluate borrower creditworthiness by computing over encrypted transaction histories, wallet balances, and off-chain data feeds. This enables undercollateralized lending in DeFi without forcing users to expose their full financial identity on a public ledger.
• Enterprise Payment Rails: Banks, remittance operators, and fintech firms use COTI Pay and the underlying Trustchain to digitize fiat currencies and settle cross-border transactions at a fraction of SWIFT costs. The dispute resolution layer adds chargeback-like protections rarely found in crypto payment stacks.

COTI Tokenomics

Total Supply

COTI publishes the total and maximum supply of the COTI V2 token in its official documentation. Part of the supply is allocated to ecosystem incentives, the treasury and validator rewards under a multi-year vesting schedule.

Circulating

Circulating supply shifts as holders migrate from the legacy COTI token to the V2 native token and as Treasury-locked tokens unlock.

Utility

COTI is used to pay gas fees on COTI V2, stake in the Treasury for yield, and participate in governance decisions around the privacy network. Validators and node operators bond COTI to secure the network and earn a share of transaction fees.

Emission

New token emissions follow the V2 migration vesting plan, with ecosystem and treasury allocations releasing linearly over several years to fund developer grants, liquidity programs, and validator rewards. There is no fixed annual inflation, and unissued supply is released programmatically based on network milestones.

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