CeloCELO

The coin of Celo, a payments and stablecoin network that became an Ethereum layer-2 in 2025.

Rank #475Since April 2020

Price on 31 Oct 2026

C$0.1069 +21.1% since 31 Jul 2026 · 99.1% below its all-time high

The short version

CELO pays fees, is staked and governs Celo, a mobile-focused payments network that moved from its own blockchain to an Ethereum layer-2 in Mar 2025. It was built by cLabs, co-founded by Rene Reinsberg, Marek Olszewski and Sep Kamvar, and the MiniPay wallet in the Opera browser runs on it. About 9.1M CELO was bought back between Apr and Oct 2026, and a pending proposal would burn 25% of sequencer revenue. On 31 Oct 2026 one CELO cost C$0.1069. From 31 Jul 2026 to 31 Oct 2026 its price changed +21.1% in Canadian dollars, and it was 99.1% below its all-time high of C$12.38 set on 30 Aug 2021.^[1]

Checked 31 Oct 2026 · 9 sources · next update about 1 Dec 2026

Price, past year

Past year: high C$0.3740 (3 Nov 2025) · low C$0.0805 (19 Aug 2026) · -67.5%^[1]

Month-end prices (table)

Date	C$	US$
31 Oct 2026	C$0.1075	US$0.0770
30 Sep 2026	C$0.1422	US$0.0999
31 Aug 2026	C$0.1003	US$0.0723
31 Jul 2026	C$0.0882	US$0.0629
30 Jun 2026	C$0.0905	US$0.0637
31 May 2026	C$0.1046	US$0.0758
30 Apr 2026	C$0.1180	US$0.0869
31 Mar 2026	C$0.1085	US$0.0780
28 Feb 2026	C$0.1089	US$0.0796
31 Jan 2026	C$0.1436	US$0.1064
31 Dec 2025	C$0.1665	US$0.1216
30 Nov 2025	C$0.2360	US$0.1683

Daily prices from CoinGecko; C$ converted at the Bank of Canada daily rate. The latest point is live when available. Past prices, not a forecast.

Choose what to see

Key facts

Price, 31 Oct 2026: C$0.1069^[1]
3-month change: +21.1% in C$ (31 Jul 2026 to 31 Oct 2026)^[1]
From its high: 99.1% below its high of C$12.38 (30 Aug 2021)^[1]
Market rank: #475, market value about C$65.0M^[1]
Kind: Native coin · Celo (Ethereum layer-2 since Mar 2025)
Started: April 2020

Checks: the same 9 questions for every coin

Facts, not a rating

Can an admin key create new coins?NoFixed 1B supply; unreleased CELO is paid out on a schedule to 2035^{[2, 3]}

Can anyone freeze or take coins from holders?NoNo freeze or blacklist function found for CELO holders^[2]

Can the token's contract code be changed?Not applicableRuns on its own blockchain; its rules change only through network upgrades

Is the supply capped?Yes1 billion maximum^[2]

Any scheduled unlocks in the next 12 months?YesAbout 18.6M CELO, 3.1% of circulating, from reserves^[3]

Does a team or foundation hold over 10% of supply?YesAbout 393M CELO (39% of supply) is still locked in reserve, community and operational funds^[3]

Do network fees reach coin holders?YesAbout 9.1M CELO bought back since Apr 2026; a 25% revenue burn is proposed^{[4, 5]}

Main network hacked or halted in the past 2 years?NoNo exploit or halt of the Celo network found^[6]

Is a regulator or court case targeting the coin itself?NoNo live regulator or court case found^[4]

Each answer is a fact with a source, not a score. What each check means.

Who controls it

Run by: Celo Foundation and cLabs, reported to have merged operations as Celo Core Co.^[4]
Founders: Rene Reinsberg, Marek Olszewski and Sep Kamvar (cLabs)^[2]
Backers: a16z crypto, Polychain and Coinbase Ventures^[2]

Supply

In circulation: 608.42M CELO of a 1.00B maximum (60.8%)^[1]
Fully diluted value: 1.64 times its current market value^[1]
Supply: 608.4M circulating of a 1B maximum (60.8%)^[2]
Releases: About 1.55M CELO a month from community, validator and operational reserves, until 2035^[3]
Next 12 months: About 18.6M CELO, 3.1% of circulating^[3]
Buybacks: About 9.1M CELO bought back since Apr 2026, about 600K in the week to 10 Oct^[4]

Use and fees

Main use: Gas (fees also payable in stablecoins), staking and governance for mobile payments^[4]
Network fees: US$0.57M in the past year; stablecoins US$113.3M; TVL US$13.5M^[7]
Burn proposal: 25% of net sequencer revenue to a permanent burn; posted 15 Aug 2026, still active 30 Oct^[5]

Trading

Daily trading: About C$11.0M a day on average, 31 Jul 2026 to 31 Oct 2026^[1]
Daily turnover: Typically 8.15% of its market value changes hands each day^[1]
20-week average: 1.9% above its 20-week average price^[1]
1-year change: -67.9% in C$^[1]^[8]

History

Not a forecast

Coins ranked 201-500 at this point in past cycles (12-14 months after a Bitcoin peak), one year later: 8,067 cases, 1,187 coins

33% were higher a year later^[9]

Typical result: Median -38% after a year; 33% higher after two years
Lost half or more: 44% within a year
Against Bitcoin: 11% did better than Bitcoin over the year

History, not a forecast.

Red flags and things to watch

No red flags found

On 13 Oct 2026 Celo Core Co. launched usebuy.ai, a marketplace where AI agents pay for services in stablecoins.^[4]
The Karst hard fork was planned for Q4 2026 and had no fixed date on 31 Oct 2026.^[4]
Celo mainnet moved to the OP-Reth execution client on 22 Jul 2026.^[4]

Checked: admin keys, contract upgrades, unlocks, insider supply, hacks, legal actions and claims against records.

Sources and dates

Facts as of 31 Oct 2026. Prices from CoinGecko in Canadian and US dollars; US$ figures without a C$ price are converted at 1.3976 C$ per US$.