H

Helium

HNT

Decentralized wireless network

Performances

RD Popularity Index

175.56% (24h)
0100200300400500
Project Rank: 11832/15432

RD Growth Index

4760.18% (24h)
0400800120016002000
Project Rank: 579/15432
Comparison:
1h24h7d30d60d90d
0.27%3.01%15.99%9.81%144.86%3.90%

Revenue & Burn

Protocol income

-$107.92K

Buyback funds

$0

Burn funds

--

Buyback ratio

--

Protocol funds over time

Monthly amounts & ratios

PeriodProtocol incomeBuyback fundsBurn fundsBuyback ratio
Oct 2026-$107.92K$0----
Sep 2026-$208.57K$0----
Aug 2026-$90.08K$0----
Jul 2026-$88.43K$0----
Jun 2026-$147.17K$0----
May 2026-$353.07K$0----

Comparison

Event Calendar

Oct 1, 2014
Helium raised $ 16 M in Series A round
Apr 25, 2016
Helium raised $ 20 M in Series B round
Apr 30, 2020
Helium launches HNT token
Aug 10, 2021
Helium raised $ 111 M in funding round
Sep 13, 2021
Helium raised $ 15 M in Series C round
Mar 30, 2022
Helium raised $ 200 M in Series D round

Open Markets

#ExchangePairPrice+2% depth-2% depthVolume (24h)volume %
1HNT/USD$1.71$269,355$167,581$974,80636.88%
2HNT/USDT$1.71$179,524$155,366$825,58731.23%
3HNT/USDT$1.71$71,116$92,276$340,65612.89%
4HNT/USD$1.71$7,328$25,265$162,3966.14%
5HNT/USDT$1.71$120,170$99,814$76,2792.89%
6HNT/EUR$1.71$1,867$1,874$30,2051.14%
7HNT/USD$1.72$7,793$831$25,7570.97%
8HNT/USDT$1.72$197$14,690$3,2510.12%
9HNT/USDT$1.73$640$626$1,6990.06%
10HNT/USD$1.62$0$0$6450.02%

Follow Updates

Follow Lists

People

About Helium

Helium is a decentralized wireless network where individuals deploy hotspots to provide IoT and 5G coverage, earning HNT tokens as rewards. Its core innovation lies in the Proof of Coverage (PoC) mechanism, which uses radio frequency properties to verify that hotspots genuinely provide coverage at their stated locations, ensuring network reliability without centralized oversight. The network addresses a key market pain point: traditional telecom infrastructure is capital-intensive and geographically concentrated, leaving many areas underserved. Helium instead incentivizes community-driven deployment, creating a low-cost, crowd-built alternative that extends connectivity to both IoT devices and mobile users.

Over the past six months (February to August 2026), Helium underwent significant changes. In June 2026, Helium Mobile, the consumer-facing mobile service powered by the network, was acquired by Noble Mobile, a low-cost carrier founded by Andrew Yang. The acquisition did not affect HNT token governance, which remains under the Helium DAO, but it allowed Nova Labs, the original developer, to pivot toward enterprise data offloading services for large telecom operators. Additionally, the network continues to operate on Solana after its 2023 migration, and hotspot rewards have been adjusted to reflect actual data usage rather than theoretical coverage. However, the network has faced challenges: HNT token prices declined sharply over the past year, and hotspot earnings for new deployers in saturated urban areas have diminished significantly. Despite these headwinds, Helium's distributed model remains a notable experiment in rethinking how wireless infrastructure can be built and operated.

Updated: Aug 29, 2026

Helium's key milestones include its 2019 mainnet launch as a decentralized LoRaWAN network, the 2022 $200M D-round led by a16z and Tiger Global, and the 2023 migration to Solana to cut costs and enable smart contracts. In 2024, the network expanded to 5G via CBRS, with Helium Mobile nearing 100K users in Q1. A major shift came in early 2025 when founder Amir Haleem halted token buybacks, citing market indifference, redirecting funds to user growth. The 2025 HIP proposal introduced a finite, 36-month HNT mint to fund carrier expansion, with a community council overseeing disbursements, moving rewards from passive hotspots to real carrier traffic. These nodes highlight Helium's evolution from an IoT experiment to a carrier-grade telecom with sustainable tokenomics.

Updated: Aug 29, 2026

Co-founders: Amir Haleem (Founder) Shawn Fanning (Co-founder, creator of Napster) Sean Carey (Co-founder)

Core executives: Joshua Kershner (Chief Legal Officer) Scott Sigel (Chief Operating Officer) Andrew Allen (VP of Engineering) Chris Bruce (Managing Director) Marc Nijdam (Chief Technology Officer) Frank Mong (Chief Operating Officer)

Updated: Aug 29, 2026

According to the data, Helium recently saw two departures: Abhay Kumar (Core Team, joined Sep 2020, left Jun 2026) and Aarti Utwani (Senior Communications Manager, joined Jan 2023, left Mar 2026). No new hires were recorded. The recent team changes reflect exits in the core team and communications leadership.

Updated: Sep 8, 2026