GolemGLM

The payment token of Golem Network, a marketplace for renting computing power, built by Golem Factory in Zug.

Rank #251Since November 2016 (as GNT; GLM since November 2020)

Price on 31 Oct 2026

C$0.1563 +20.3% since 31 Jul 2026 · 90.6% below its all-time high

The short version

GLM pays providers who rent computing power on Golem Network, a project that raised 820,000 ETH in Nov 2016 and is developed by Golem Factory of Zug, Switzerland, with the Golem Foundation running experiments. Old GNT tokens convert 1:1 into GLM with no deadline; about 799M of the 1 billion have migrated. On 23 Sep 2026 Golem disclosed a security review that fixed 36 vulnerabilities in provider software, with no exploit found. On 31 Oct 2026 one GLM cost C$0.1563. From 31 Jul 2026 to 31 Oct 2026 its price changed +20.3% in Canadian dollars, and it was 90.6% below its all-time high of C$1.66 set on 13 Apr 2018.^[1]

Facts checked 2 Nov 2026 · 12 sources · next update about 1 Dec 2026

Price, past year

Past year: high C$0.4571 (14 Jan 2026) · low C$0.1191 (19 Aug 2026) · -40.1%^[1]

Month-end prices (table)

Date	C$	US$
31 Oct 2026	C$0.1561	US$0.1118
30 Sep 2026	C$0.1779	US$0.1250
31 Aug 2026	C$0.1480	US$0.1067
31 Jul 2026	C$0.1298	US$0.0925
30 Jun 2026	C$0.1392	US$0.0980
31 May 2026	C$0.1826	US$0.1323
30 Apr 2026	C$0.1885	US$0.1384
31 Mar 2026	C$0.1782	US$0.1279
28 Feb 2026	C$0.1847	US$0.1354
31 Jan 2026	C$0.2932	US$0.2162
31 Dec 2025	C$0.2984	US$0.2177
30 Nov 2025	C$0.3574	US$0.2556

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$0.1563^[1]
3-month change: +20.3% in C$ (31 Jul 2026 to 31 Oct 2026)^[1]
From its high: 90.6% below its high of C$1.66 (13 Apr 2018)^[1]
Market rank: #251, market value about C$156.3M^[1]
Kind: Token · Ethereum (ERC-20); also on Polygon
Started: November 2016 (as GNT; GLM since November 2020)

Checks: the same 9 questions for every coin

Facts, not a rating

Can an admin key create new coins?NoOnly the GNT migration contract can mint, 1:1 for GNT burned; the deployer renounced the minter role^[2]

Can anyone freeze or take coins from holders?NoNo blacklist, pause or balance-change function (GoPlus, 2 Nov 2026)^[3]

Can the token's contract code be changed?NoFixed contract code on Ethereum, not a proxy^[4]

Is the supply capped?Yes1 billion, equal to the GNT supply^{[5, 2]}

Any scheduled unlocks in the next 12 months?NoNo vesting; unmigrated GNT converts at holders' discretion^[5]

Does a team or foundation hold over 10% of supply?Not disclosedGolem Factory and developers got 18% in 2016; current Factory and Foundation holdings are not published^{[6, 7]}

Do network fees reach coin holders?NoGLM pays providers; no burn, buyback or staking payout^[5]

Main network hacked or halted in the past 2 years?NoNo exploit found; the Sep 2026 review found no evidence the vulnerabilities were used^{[8, 9]}

Is a regulator or court case targeting the coin itself?NoNo regulator or court case naming Golem found^[8]

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

Who controls it

Run by: Golem Factory GmbH (Zug, Switzerland), led since 2019 by Piotr Janiuk and Aleksandra Skrzypczak; Golem Foundation led by Julian Zawistowski^{[7, 10]}
2016 split: 82% of GNT to crowdfunders, 12% to Golem Factory and 6% to developers, locked six months (contract code)^[6]
Admin key: None: GLM can be minted only by the GNT migration contract, 1:1 for GNT burned; no pause or blacklist^{[2, 3]}
Largest holders: A staking contract (RegenStaker) holds 20.7%; a multisig wallet 6.3% (GoPlus, 2 Nov 2026)^[3]

Supply

In circulation: 1.00B GLM^[1]
Maximum supply: None set^[1]
Maximum: 1 billion GLM, matching GNT; 798.7M minted through migration so far^{[5, 3]}
Unlocks: None scheduled; unmigrated GNT (about 201M) can convert at any time^{[5, 3]}

Use and fees

Main use: Paying providers for compute on Golem Network, with Polygon recommended for payments^[5]
Who gets fees: Providers; nothing goes to GLM holders^[5]
Salad test: Since 13 Jan 2026 Salad.com routes part of its GPU cloud workload through Golem as an engineering test^[10]

Trading

Daily trading: About C$4.1M a day on average, 31 Jul 2026 to 31 Oct 2026^[1]
Daily turnover: Typically 1.95% of its market value changes hands each day^[1]
20-week average: 2.8% above its 20-week average price^[1]
1-year change: -40.7% in C$^[1]^[11]

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^[12]

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 23 Sep 2026 Golem said a security review confirmed and fixed 36 of 76 reported issues (1 critical) in provider software; Sherlock found no evidence of exploitation.^[8]
Salad.com, a GPU cloud with tens of thousands of machines, began routing part of its commercial workload through Golem on 13 Jan 2026 as a test.^[10]

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$.