It aims to tackle challenges in the AI ecosystem like transparency, attribution and fair paynment for contributors. The platform is built on an Ethereum Layer 2 using the OP Stack framework.
Key features
- Proof of Attribution (PoA): This feature records every contribution, including data, model training, and validation on the blockchain. It ensures fair rewards for contributors when their data or models impact AI outputs.
Datanets: These are community-owned, specialized datasets used for AI training which have verifiable sources.
ModelFactory: This no-code platform allows users to build and customize and fine-tune AI models using data from Datanets.
OpenLoRA: This deployment engine helps run thousands of models on a single GPU, cutting costs and improving accessibility.
OPEN Token: This is the platform's native token, used for transactions governance, staking, and rewarding data contributors and model developers.
Value proposition
OpenLedger seeks to change the AI data economy by creating an open, traceable, and decentralized environment where data and models can be monetized and contributors are treated fairly. It addresses problems like lack of transparency and unpaid data providers and centralized control over AI models.
Adoption and partnerships
OpenLedger has teamed up with Blockchain at Berkeley for research and development. It is also working with Trust Wallet to integrate its AI stack which will enhance conversational interfaces and simplify DeFi actions. Binance listed the OPEN token on September 5 2025 as part of its HODLer Airdrop program. The project has secured $15 million in funding.
Recent News and Updates
- Binance Listing & Airdrop: OPEN was listed on Binance on September 8, 2025, and included in a HODLer Airdrop that distributed 10 million tokens. A second airdrop of 15 million tokens will take place in March 2026.
Trust Wallet Integration: A partnership with Trust Wallet was announced on August 6, 2025, to create AI powered features for managing crypto with a pilot planned for October 2025.
Price Volatility: After its listing, OPEN saw a price increase of up to 127% driven by momentum in the AI sector, but has since adjusted due to profit taking.
- Development Progress: Key milestones achieved include the DevNet launch in Q4 2024 and Testnet v1 v3 launches in Q1 and Q2 2025. These milestones focused on data intelligence model contribution and AI Studio development.
Market Sentiment
The market sentiment around OPEN is generally positive, fueled by the Binance listing and the promise of AI infrastructure. Influences on the OPEN price include development advancements, user adoption, token unlock schedules, and the overall outlook on AI and crypto projects. Currently, the price is about $0.86 per token with a trading volume of $155.54 million over the last 24 hours. It has decreased by 1.51% in that time.
Use cases
OpenLedger supports decentralized AI solutions across various sectors. This includes decentralized AI model training and deployment, data monetization through Proof of Attribution and AI tools for legal tech and healthcare. Other possible applications are smart cities, supply chain optimization financial analysis and healthcare diagnostics education and environmental monitoring and gaming.
