Performances
RD Popularity Index
RD Growth Index
| 1h | 24h | 7d | 30d | 60d | 90d |
|---|---|---|---|---|---|
| 1.34% | 2.79% | 15.75% | 18.37% | 139.49% | 62.18% |
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Data source: CoinGecko
ORE is a fair-launch mining token on Solana with no team or pre-mine allocation, produced via grid mining; protocol revenue buys back and burns 90%, with 10% distributed to stakers, resulting in an overall deflationary model.
Open Markets
| # | Exchange | Pair | Price | +2% depth | -2% depth | Volume (24h) | volume % |
|---|---|---|---|---|---|---|---|
| 1 | BBingXCEX | ORE/USDT | $67.1 | $0 | $0 | $235 | 0.01% |
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About Ore
Ore is a fair-launch token protocol on Solana aiming to be a mineable hard asset: no presale, no team allocation, supply capped at three million. Early versions used a memory-hard algorithm to resist GPU farms, and since October 2025 it runs a 5x5 grid where miners stake SOL into cells, an on-chain random number picks a winner every 60 seconds, losers' SOL is shared among winners pro rata, and roughly one new token is minted per round, alongside refining, buyback-and-burn and staking yield. It targets token distribution captured by insiders.
The new mechanism turns mining from a hash race into a staking game with a low barrier, but the loop depends on new capital: when interest falls, winners earn less and participants leave. On 11 September 2026 the price was near $78, and a trading venue listed a related pair the same month; August brought a quantum-resistant smart wallet that moves entry into the browser. Note that mint authority stays live, which is easily mistaken for a scam, so verify the contract directly rather than trusting second-hand descriptions.
Ore's development features several key milestones. In April 2024, Ore launched as the Solana hackathon champion, using a PoW mining mechanism that caused severe congestion on the Solana network and was forced to pause. In August 2024, Ore v2 restarted but failed to resolve incentive misalignment, with low mining returns. In September 2024, the development team Regolith Labs completed a $3 million seed round led by Foundation Capital. On October 22, 2025, Ore launched its comprehensively restructured V3 protocol, introducing a 5x5 grid mining system, Motherlode prize pool, refining fees, and protocol revenue buyback mechanisms, achieving a deflationary economic model. After V3 launched, protocol daily revenue exceeded $1 million, and ORE price surged from $10 to over $600. Solana co-founder commented "Ore is money," marking the project's transformation from an experimental protocol to sustainable value storage.
Buyback and burn: On August 13 the team reported 9,148 ORE mined and 10,923 ORE buried in seven days, cutting circulating supply from 482,466 to 480,691; on September 9 it launched the ORE Reserve, placing protocol revenue as one-sided bids on Meteora starting at 1% of revenue instead of full market buying.
Progress: V3 mining passed 3 million SOL deployed by June 30; 490,737 ORE, 16.36% of the 3 million cap, had been minted by September 12; V4 shipped on September 28 alongside a STONK lock-up vault.
On July 29, 2026, ORE launched the V4 protocol, introducing a split/solo tile assignment mechanism (15 split and 10 solo reward tiles marked at the start of each round), and on August 13 (round 364885) removed parimutuel, returning 90% of the SOL from losing squares directly to miners. On September 9, ORE introduced the ORE Reserve: single-sided liquidity positions on Meteora acting as limit buy orders, using a portion of protocol revenue to provide buy-side support below market price, initially covering SOL, USDC, gold-backed tokens and Zcash. Around the same time, a STONK meme-coin lock-up vault was built with the Raydium team, with its upgrade authority frozen at launch.
Future strategy and roadmap: ORE plans to keep expanding the Reserve to more tokenized assets on Solana so the protocol 'hits zero supply before price' under buy-side support, sustaining the deflationary engine formed by daily buyback-and-burn (bury). After V4, the team will keep refining the grid-mining game theory and anti-spam design, optimizing the split/solo mechanism and the Motherlode bonus pool. A collaboration with MetaDAO is also previewed, exploring futarchy governance to link ORE's protocol revenue and treasury, and extending the STONK lock-up vault to more meme coins.
Hardhat Chad — Founder & lead developer; a pseudonymous builder leading Regolith Labs, which launched the Solana-native mineable token ORE in 2024.