io.net
IO Metrics
Spot Volume (24H)
$8.91M+23.70%
Marketcap
$53.50M
FDV
$103M
Mindshare
Very Low
Metrics (24H)
4 Notable Posts
Circ. Supply
413.3M
Sentiment
24H
7D
Max Supply
800.0M
Mcap/FDV
51.82%
Total Supply
797.6M
Sector Ranking
#26
Futures Volume
$72.97M
Open Interest
$5.67M
Volatility (30D)
113.4%
About & Links
About & Links
IO.NET, formerly known as ANTBIT, leverages a decentralized computing network powered by Solana and Aptos to provide machine learning engineers with access to distributed cloud clusters. It aims to address challenges like limited availability, poor choice, and high costs associated with accessing GPUs in the public cloud.
IO.NET aggregates GPUs from various underutilized sources into a Decentralized Physical Infrastructure Network (DePIN) to enable scalable and customizable computing power for a range of tasks including
- Batch Inference and Model Serving that facilitates parallel processing of data batches by utilizing distributed GPU networks for efficient inference and model-serving workflows.
- Parallel Training to overcome memory limitations and sequential processing bottlenecks by employing distributed computing to parallelize model training across multiple devices.
- Parallel Hyperparameter Tuning using distributed computing for scalable and efficient hyperparameter optimization, enabling parallel experiments and optimal parameter selection.
- Reinforcement Learning supporting high-level, distributed RL workloads with an open-source library and simple APIs for production use.
Sector Rank
#26
Sub-Sector Rank
#10
Contracts
API ID
io.net Founders
Tory Green
Co-FounderBasem Oubah
Co-FounderAhmad Shadid
Co-FounderIO Performance
All Time High
$13.12-99.01%
Jun 09, 2024
Cycle Low
$0.0940+38.75%
Apr 05, 2026
Trending
IO Metrics
Spot Volume (24H)
$8.91M+23.70%
Marketcap
$53.50M
Mindshare
Very Low
Sentiment Chg
24H
7D
Last Updated: Oct-29-2026 10:46 UTC
io.net Project Update
Get Caught Up
Incentive Dynamic Engine (IDE) Launch
io.net launched its Incentive Dynamic Engine (IDE), described as the first adaptive economic controller for decentralized compute networks 1. The IDE aims to solve instability issues found in traditional, inflation-based tokenomics by adjusting token supply dynamically based on real-time GPU usage via a "sustainability ratio" 1. This mechanism promotes deflationary pressure by burning tokens when network revenue exceeds supplier payout obligations, or temporarily expands supply when revenue is insufficient, ensuring predictable, USD-denominated payouts for suppliers 1. Token holders may benefit from up to 150 million tokens being potentially burned from net revenue, and io.net claims this framework allows decentralized infrastructure to achieve reliability comparable to centralized cloud providers 1.
Bare Metal on Demand Deprecation
io.net announced that Bare Metal on demand was scheduled for deprecation on September 30, 2025 2. Going forward, Virtual Machines as a Service (VMaaS) will replace Bare Metal on demand, and Bare Metal machines will remain available only by special request 2. This shift matters because it signals a strategic consolidation of io.net's compute offerings toward more flexible, virtualized infrastructure.
Training as a Service (TaaS) Launch
io.net announced that its Training as a Service (TaaS), a "full-stack LLM training suite," is now live 3. According to the announcement, users can "bring any open-source LLM from Hugging Face" and "fine-tune it with SFT/PPO/DPO" 3. This matters because it expands io.net's value proposition from raw GPU access toward higher-level, developer-friendly machine learning workflows.
Biggest Stories of 2025
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io.net launched its Incentive Dynamic Engine (IDE), the first adaptive economic controller for decentralized compute networks, introducing dynamic token supply adjustments and potential token burns of up to 150 million tokens from net revenue (December 11, 2025) 1.
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io.net announced that Bare Metal on demand was scheduled for deprecation on September 30, 2025, with Virtual Machines as a Service (VMaaS) set to replace it and Bare Metal machines remaining available only by special request (September 8, 2025) 2.
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io.net announced that Training as a Service (TaaS), a full-stack LLM training suite, is now live, allowing users to bring any open-source LLM from Hugging Face and fine-tune it with SFT/PPO/DPO (July 23, 2025) 3.
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io.net announced a partnership with the Walrus Protocol, introducing a Bring Your Own Model (BYOM) platform that allows users to integrate their own custom-built AI models, along with a pay-as-you-go billing structure and Private Compute Execution for pulling models stored on Walrus directly into io.net GPU clusters (June 17, 2025) 4.
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io.net announced that Container-as-a-Service (CaaS) is officially live, enabling the deployment of production-grade containers with one-line deploys, GPU/CPU-aware scheduling, autoscaling, networking, and health checks, without the need for cluster setup or YAML configuration (April 28, 2025) 5.
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io.net announced the appointment of Gaurav as CEO, previously CTO focused on the infrastructure behind io.net's decentralized GPU network and IO Intelligence, while Tory Green transitioned to Chairperson of the IOG Foundation to support the broader decentralized AI ecosystem (April 23, 2025) 6.
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io.net announced the launch of IO Intelligence, a platform integrating Vector Database as a Service with support for multiple intelligent agents and 25 open-source AI models, including DeepSeek, Meta Llama, and Mistral, employing a split-execution architecture for privacy-sensitive tasks (February 12, 2025) 7.
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The Oasis team announced a partnership with io.net to focus on extending data privacy and providing tools for builders to train, fine-tune, and deploy machine learning models with decentralized resources (February 10, 2025) 8.
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Injective announced the integration of io.net's decentralized GPU compute network to support decentralized finance and AI (DeFAI) developers, incorporating io.net's GPU resources with Injective's iAgent framework and exploring the potential use of GPU pricing and data feeds for future on-chain financial products (January 14, 2025) 9.
About & Links
About & Links
IO.NET, formerly known as ANTBIT, leverages a decentralized computing network powered by Solana and Aptos to provide machine learning engineers with access to distributed cloud clusters. It aims to address challenges like limited availability, poor choice, and high costs associated with accessing GPUs in the public cloud.
IO.NET aggregates GPUs from various underutilized sources into a Decentralized Physical Infrastructure Network (DePIN) to enable scalable and customizable computing power for a range of tasks including
- Batch Inference and Model Serving that facilitates parallel processing of data batches by utilizing distributed GPU networks for efficient inference and model-serving workflows.
- Parallel Training to overcome memory limitations and sequential processing bottlenecks by employing distributed computing to parallelize model training across multiple devices.
- Parallel Hyperparameter Tuning using distributed computing for scalable and efficient hyperparameter optimization, enabling parallel experiments and optimal parameter selection.
- Reinforcement Learning supporting high-level, distributed RL workloads with an open-source library and simple APIs for production use.
Sector Rank
#26
Sub-Sector Rank
#10
Contracts
API ID
io.net Founders
Tory Green
Co-FounderBasem Oubah
Co-FounderAhmad Shadid
Co-FounderAccess funding rounds, raises, and more