How is Akash different from AWS or Google Cloud?

Akash is a peer-to-peer marketplace where anyone can lease compute resources. It offers 60-85% lower prices than hyperscalers and is fully open-source with no single controlling company.

Can I swap AKT without KYC?

Yes. SyntheticSwap supports AKT swaps with no registration or identity verification.

What is DePIN and how does Akash fit?

DePIN (Decentralized Physical Infrastructure Networks) refers to protocols that use token incentives to build real-world infrastructure. Akash is the leading DePIN project for compute/cloud resources.

Can I deploy AI workloads on Akash?

Yes. Akash GPU Mainnet supports deployment of AI training and inference workloads on NVIDIA H100, A100, and other enterprise GPUs at significantly lower cost than centralized providers.

How do providers earn on Akash?

Providers submit bids for deployment requests. When selected, they lease compute resources to tenants and earn AKT (plus any stablecoin payments) for the duration of the lease.

Home/Supported Coins/Akash Network

Akash Network

Decentralized Cloud Computing Marketplace for AI and Web3

Launch Year

2020

Consensus

Proof of Stake

Max Supply

388,539,008 AKT

Block Time

~6 seconds

AKT

Akash Network

Price—

24h Change—

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About Akash Network

Akash Network (AKT) is the native token of Akash — the world's first decentralized open-source cloud computing marketplace. Built on the Cosmos SDK, Akash allows anyone with underutilized computing resources (data centers, servers, GPUs) to lease compute power to users deploying applications, containers, and AI workloads. By creating a competitive marketplace for cloud compute, Akash offers prices up to 85% cheaper than AWS, Google Cloud, and Azure. AKT is used for staking (to secure the network), governance, and as collateral in escrow during compute leases. The AI/GPU compute demand has driven significant interest in Akash as a decentralized alternative to centralized cloud providers.

History

2018

Akash Network founded by Greg Osuri and Adam Bozanich with vision of a decentralized cloud marketplace.

2020

Akash mainnet launches on Cosmos SDK; AKT token distributes to stakers and early supporters.

2021

Akash achieves IBC compatibility, enabling seamless asset transfers across the Cosmos ecosystem.

2022

Akash Mainnet 3 launches with persistent storage support, enabling stateful application deployments.

2023

Akash GPU Mainnet launches, enabling decentralized AI/ML workloads on H100, A100, and other GPUs.

2024

AKT surges as demand for decentralized GPU compute grows with AI boom; Akash becomes leading DePIN project.

How to Swap AKT

Swapping Akash Network (AKT) on SyntheticSwap is easy and requires no account or KYC. AKT is part of the Cosmos ecosystem, supported by Keplr, Leap Wallet, Cosmostation, and Ledger. Select AKT in SyntheticSwap, choose your target asset, provide a receiving wallet address, and confirm the exchange rate. After sending AKT to the deposit address, the destination asset is automatically delivered to your wallet once the IBC or on-chain transaction is confirmed.

How to Store AKT

AKT is stored in Cosmos-compatible wallets including Keplr, Leap, and Cosmostation. Add the Akash network to your Keplr wallet and your AKT address will be generated automatically. For staking AKT and participating in governance, use the Akash Console or Keplr dashboard.

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