Tenet

Tenet

EVM-compatible Layer 1 blockchain with diversified proof of stake using liquid staking tokens as collateral.

Launch Year
2023
Consensus
Diversified Proof of Stake
Max Supply
Uncapped
Block Time
~2 seconds
TENET
TENET
Tenet
Price
24h Change
Market Cap
Volume (24h)
Circulating Supply
Swap TENET Now
  • No KYC or registration
  • Non-custodial — your keys, your crypto
  • 1000+ supported exchange pairs
  • Best available exchange rate

Tenet Price Chart

TENET / USD
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About Tenet

Tenet is an EVM-compatible Layer 1 blockchain that introduces Diversified Proof of Stake (DiPoS), a novel consensus mechanism that uses liquid staking tokens (LSTs) like stETH, rETH, and LsETH as validator collateral. By allowing validators to stake liquid staking derivatives, Tenet unlocks additional utility for these assets while providing validators with continued staking yield from their LST collateral. The TENET token is the native gas and governance token, while LST holders gain additional yield by securing Tenet.

History

2023
Tenet launches its mainnet with Diversified Proof of Stake, the first consensus using liquid staking tokens as collateral.
2023
TENET token goes live; multiple LST protocols integrate their tokens as validator collateral on Tenet.
2023
Tenet DeFi ecosystem launches with DEXes, lending, and yield protocols leveraging LST collateral.
2024
Tenet expands its validator set and integrates additional liquid staking tokens from major protocols.

How to Swap TENET

Exchanging Tenet (TENET) on SyntheticSwap requires no account creation or identity documents. Open SyntheticSwap, choose TENET as your source or target coin, provide your destination wallet address, and review the floating rate displayed. After sending TENET from your personal wallet to the deposit address, the swap processes automatically and your chosen asset is delivered directly to your wallet. SyntheticSwap never holds your funds at any point during the process.

How to Store TENET

Store TENET in MetaMask or any EVM-compatible wallet by adding the Tenet network RPC.

Frequently Asked Questions