CoinIvy

Market weather: green · Bitcoin above its 20-week average (31 Oct 2026)

OpenLedgerOPEN

The gas and reward token of OpenLedger, a blockchain that tracks which data trained AI models.

Rank #644Since September 2025
Price on 31 Oct 2026
C$0.1286 -47.2% since 31 Jul 2026 · 94.9% below its all-time high

The short version

OpenLedger is an EVM blockchain for AI data and model attribution, run by the OpenLedger Foundation; its US$8M seed round in Jul 2024 was led by Polychain. OPEN began trading on 8 Sep 2025 and the mainnet followed in Nov 2025. The one-year cliff on team and investor tokens ended about 8 Sep 2026, and monthly unlocks of about 19M OPEN now fall near the 8th. On 31 Oct 2026 one OPEN cost C$0.1286. From 31 Jul 2026 to 31 Oct 2026 its price changed -47.2% in Canadian dollars, and it was 94.9% below its all-time high of C$2.51 set on 8 Sep 2025.[1]

Checked 31 Oct 2026 · 13 sources · next update about 1 Dec 2026

Price, past year

Past year: high C$0.4991 (2 Nov 2025) · low C$0.1179 (30 Oct 2026) · -74.7%[1]

Month-end prices (table)
DateC$US$
31 Oct 2026C$0.1221US$0.0875
30 Sep 2026C$0.1834US$0.1288
31 Aug 2026C$0.1904US$0.1373
31 Jul 2026C$0.2508US$0.1788
30 Jun 2026C$0.2239US$0.1576
31 May 2026C$0.2530US$0.1834
30 Apr 2026C$0.3760US$0.2768
31 Mar 2026C$0.2172US$0.1562
28 Feb 2026C$0.2076US$0.1518
31 Jan 2026C$0.2165US$0.1605
31 Dec 2025C$0.2322US$0.1695
30 Nov 2025C$0.3315US$0.2363

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$0.1286[1]
3-month change
-47.2% in C$ (31 Jul 2026 to 31 Oct 2026)[1]
From its high
94.9% below its high of C$2.51 (8 Sep 2025)[1]
Market rank
#644, market value about C$43.3M[1]
Kind
Token · OpenLedger chain (EVM); also Ethereum and BNB Chain (ERC-20)
Started
September 2025

Checks: the same 9 questions for every coin

Facts, not a rating
Can an admin key create new coins?NoGoPlus finds no mint function; all 1B OPEN exist[2]
Can anyone freeze or take coins from holders?NoGoPlus finds no blacklist, pause or balance-change function[2]
Can the token's contract code be changed?NoFixed contract code on Ethereum, not a proxy[2]
Is the supply capped?Yes1B fixed supply with no mint function[2, 3]
Any scheduled unlocks in the next 12 months?YesAbout 19M OPEN a month: 206-228M, 61-67% of circulating, in 12 months[4, 5]
Does a team or foundation hold over 10% of supply?YesTeam and investors (33.29%) are still vesting, as are community and ecosystem allocations[3, 4]
Do network fees reach coin holders?NoUS$0 to holders; the buyback refills a liquidity allocation[6, 7]
Main network hacked or halted in the past 2 years?NoNo exploit of OpenLedger in DefiLlama's hack records[8]
Is a regulator or court case targeting the coin itself?NoNo live regulator or court case naming OpenLedger found[9]

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

Who controls it

Run by
OpenLedger Foundation; jurisdiction and team location not published[3]
Backers
US$8M seed led by Polychain, with Borderless, HashKey, Sandeep Nailwal and Sreeram Kannan[10]
Holders
Top 10 Ethereum addresses hold 91.7%, mostly treasury and vesting wallets[5]

Supply

In circulation
337.81M OPEN of a 1.00B maximum (33.8%)[1]
Fully diluted value
2.96 times its current market value[1]
Allocation
1B total: community 51.71%, investors 18.29%, team 15%, ecosystem 10%, liquidity 5%[3]
Insider vesting
12-month cliff ended about 8 Sep 2026, then 36 months linear[4]
Unlocks
About 206-228M OPEN in the next 12 months, 61-67% of circulating[4, 5]

Use and fees

Main use
Gas, inference fees and contributor rewards on OpenLedger[9, 3]
Fees
US$314K of fees and revenue in the past year; US$0 to holders[6]
Buyback
1.6% of supply over 60 days, to refill a liquidity allocation paid out 'as an oversight'[7]

Trading

Daily trading
About C$8.4M a day on average, 31 Jul 2026 to 31 Oct 2026[1]
Daily turnover
Typically 13.60% of its market value changes hands each day[1]
20-week average
38.4% below its 20-week average price[1]
1-year change
-74.0% in C$[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 (this coin ranks below 500, so the nearest group is shown)

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

2 red flags found
  • Red flag: About 206-228M OPEN, 61-67% of circulating supply, are scheduled to unlock in the 12 months after 31 Oct 2026.[4, 5]
  • Red flag: Team and investor vesting contracts hold 33.3% of OPEN; with treasury-held community and ecosystem tokens, about two-thirds of supply sits outside circulation.[3, 5, 13]
  • The next monthly unlock, about 19M OPEN, is due around 8 Nov 2026.[5]
  • OpenLedger said 4.5% of supply from the liquidity allocation went to enterprise data contributors 'as an oversight'; completion of the refill buyback was not confirmed.[7]

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

Sources and dates

  1. CoinGecko market data, 31 Oct 2026
  2. GoPlus token security, 1 Nov 2026
  3. OpenLedger docs (allocation)
  4. OpenLedger docs (unlock schedule)
  5. CoinMarketCap (OpenLedger), 31 Oct 2026
  6. DefiLlama fees and holder revenue, 31 Oct 2026
  7. OpenLedger docs (buyback programme)
  8. DefiLlama hacks, 31 Oct 2026
  9. CoinMarketCap AI (what is OpenLedger)
  10. Dropstab (OpenLedger)
  11. Bank of Canada USD/CAD rate, 31 Oct 2025
  12. CoinIvy history data: CoinMarketCap weekly rankings 2013-2026, dead coins included
  13. Blockscout top holders (OPEN), 1 Nov 2026

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$.