Obyte (GBYTE) Calculator
Obyte (GBYTE) Overview
Total Supply
1,000,000 GBYTE
Circulating Supply
~902,000 GBYTE
Current Price (USD)
$2.32
Market Cap
$2.12M
Investment Calculator
Projected Return
Obyte vs. Ethereum Comparison
Consensus Model | Obyte: DAG (no miners) | Ethereum: Proof-of-Stake (Casper) |
Transaction Finality | Instant | ~12 seconds (optimistic rollups can be slower) |
Average Fee | ~$0 (network fee only) | $10-$30 (high-gas periods) |
Smart-Contract Language | Oscript (safety-first) | Solidity (widely used, higher bug risk) |
Active dApps | Dozens (focused on DeFi, IoT) | Thousands (gaming, DeFi, NFTs) |
Market Cap | $2.12M | $250B |
Liquidity | Low (few exchanges) | High (major DEXs & CEXs) |
Use Case Explorer
Explore key use cases of Obyte:
- Conditional Payments
- Textcoins
- DeFi Primitives
- IoT Integration
- Self-Sovereign Identity
Ever wondered why some crypto projects brag about having no miners, instant confirmations, and a built‑in safety net for developers? That’s the promise behind Obyte, a DAG‑based network that tries to rewrite the rules most blockchains follow.
TL;DR
- Obyte launched on Dec252016 and uses a Directed Acyclic Graph (DAG) instead of a traditional blockchain.
- Its native token is GBYTE, capped at 1million tokens.
- Transactions settle instantly, there are no mining fees, and the platform ships a safe smart‑contract language called Oscript.
- Key use cases include conditional payments, textcoins, DeFi projects like Discount Stablecoins, and IoT‑friendly libraries.
- Trading occurs on a handful of DEXs (UniswapV3, PancakeSwap) and a few centralized exchanges.
What Is Obyte?
Obyte is a decentralized cryptocurrency platform that runs on a Directed Acyclic Graph (DAG) ledger. Instead of bundling transactions into blocks, every new transaction references two earlier ones, creating a web‑like structure that can confirm payments instantly.
The network’s native coin, GBYTE, serves as both a medium of exchange and a utility token for paying transaction fees (which are essentially zero because there are no miners). The total supply is fixed at 1000000GBYTE, with roughly 860000‑902000 already in circulation as of October2025.
Directed Acyclic Graph vs. Traditional Blockchain
Directed Acyclic Graph (DAG) is the core data structure behind Obyte. In a DAG each new transaction points to two previous transactions, forming a mesh that grows outward without ever forming a closed loop.
This design eliminates the need for miners, blocks, and the associated proof‑of‑work or proof‑of‑stake consensus. The result? Instant finality (no waiting for a block confirmation), near‑zero fees, and resistance to front‑running attacks that plague many blockchain‑based DeFi platforms.
Because there’s no block reward, Obyte’s token distribution was heavily front‑loaded: 99% of GBYTE was allocated for free, with 64.5% given to early Bitcoin holders. That experimental model sparked both praise for its egalitarian vibe and criticism for potentially weakening economic incentives.
Technical Specs at a Glance
Metric | Value |
---|---|
Total Supply | 1000000GBYTE |
Circulating Supply | ~902000GBYTE |
Current Price (USD) | $2.32 |
Market Cap | $2.12million |
24‑h Volume | $4.5k |
Number of Holders | 648 addresses |
Trading pairs include GBYTE/USDT, GBYTE/BTC, and GBYTE/BTCB on decentralized venues like UniswapV3 and PancakeSwap v2, plus a few smaller centralized exchanges (e.g., Biconomy.com). Liquidity is modest, which explains the relatively low daily volume.

Oscript: A Safer Way to Write dApps
Oscript is Obyte’s proprietary programming language designed for decentralized applications. Unlike Solidity, which has a steep learning curve and a history of costly bugs, Oscript enforces a “no‑unsafe‑patterns” rule set, making smart contracts less prone to re‑entrancy attacks and other classic exploits.
Developers can build everything from conditional payments (think “pay me $10 if X happens”) to full‑blown DeFi protocols. The platform already hosts Discount Stablecoins, a stablecoin project that offers lower transaction fees than many Ethereum‑based alternatives.
Real‑World Use Cases
- Conditional Payments: Send money that only releases when a predefined condition is met (e.g., a sports result).
- Textcoins: Email‑style crypto transfers-type an email address, and the recipient can claim the funds with a password.
- DeFi Primitives: Discount Stablecoins, peer‑to‑peer prediction markets, and P2P insurance.
- IoT Integration: Tiny binary libraries let low‑power devices pay for services directly on Obyte.
- Self‑Sovereign Identity: Users control their own identity data without a central authority.
Because there are no miners, transaction costs are effectively zero, and confirmations happen instantly-features that make the platform attractive for micro‑transactions and machine‑to‑machine payments.
Obyte vs. Ethereum: Quick Comparison
Feature | Obyte (GBYTE) | Ethereum (ETH) |
---|---|---|
Consensus Model | DAG (no miners) | Proof‑of‑Stake (Casper) |
Transaction Finality | Instant | ~12seconds (optimistic rollups can be slower) |
Average Fee | ~$0 (network fee only) | $10‑$30 (high‑gas periods) |
Smart‑Contract Language | Oscript (safety‑first) | Solidity (widely used, higher bug risk) |
Active dApps | Dozens (focused on DeFi, IoT) | Thousands (gaming, DeFi, NFTs) |
Market Cap | $2.12M | $250B |
Liquidity | Low (few exchanges) | High (major DEXs & CEXs) |
Both platforms aim for decentralized finance, but Obyte trades off sheer network effect for instant, fee‑free transactions and a safer development environment.
How to Get Started with Obyte
- Download the Wallet: Visit obyte.org and grab the desktop or mobile client. The wallet creates a private key on your device-no custodial accounts.
- Secure Your Recovery Phrase: Write down the 12‑word seed and store it offline. Losing it means losing access to your GBYTE.
- Obtain GBYTE: Trade on UniswapV3 (GBYTE/USDT) or PancakeSwap v2. Connect your wallet, swap USDT for GBYTE, and approve the transaction.
- Explore Textcoins: In the wallet’s “Send” tab, choose “Textcoin,” type an email address, set an amount, and hit send. The recipient gets a claim code via email.
- Try a dApp: Visit ostable.org to mint Discount Stablecoins. Follow the on‑screen instructions; the process costs virtually nothing.
Remember, because the ecosystem is small, you might encounter higher slippage on DEX swaps. Keep an eye on the Uniswap V3 order book depth for better pricing.
Frequently Asked Questions
What makes Obyte’s DAG different from other DAG projects like IOTA?
Obyte’s DAG ties every new transaction to two previous ones, guaranteeing immediate finality and eliminating the need for a separate coordinator. IOTA, by contrast, uses a “Coordinator” node to secure the network, which reintroduces a central point of trust.
Can I earn GBYTE by providing liquidity?
Yes. You can add GBYTE/USDT to pools on UniswapV3 or PancakeSwap. Because the market is thin, rewards can be attractive but also volatile, so monitor impermanent loss closely.
Is Obyte suitable for large‑scale DeFi projects?
The platform offers instant, fee‑free transfers, which is great for micro‑finance and high‑frequency trading. However, limited liquidity and a smaller developer community can make scaling challenging compared to Ethereum.
Do I need to pay any transaction fees?
No mining fees are charged because there are no miners. You only need to cover a minimal network‐maintenance cost, which the wallet typically rounds to zero.
How secure is Oscript compared to Solidity?
Oscript enforces strict typing and forbids unsafe patterns like re‑entrancy, drastically reducing the attack surface. While no language is 100% safe, Oscript’s design lowers the risk of costly bugs.
Obyte remains a niche player with a bold technical vision. If you value instant, zero‑fee transfers and a safer smart‑contract environment, it’s worth exploring-even if the market cap is modest today.
Comments
Chad Fraser
Keep digging, Obyte might just surprise you!
February 17, 2025 AT 00:27
Jayne McCann
I don’t think Obyte’s DAG model is worth the hype; it feels like a gimmick. It’s just another crypto trying to stand out.
February 21, 2025 AT 01:57
Richard Herman
I see genuine potential in DAG‑based coins like Obyte for ultra‑low‑fee micro‑transactions, especially in IoT scenarios. Still, mainstream adoption will require solid tooling and community support.
February 25, 2025 AT 03:27
Parker Dixon
Obyte’s fee‑free model is a breath of fresh air 🚀. The instant finality makes it great for quick payments, and the Oscript language keeps contracts tight and safe. If you’re exploring cheap DeFi primitives, give it a look! 😊
March 1, 2025 AT 04:57
Stefano Benny
From a technical standpoint, the DAG architecture eliminates miner extraction, which is a paradigm shift in consensus design. However, the low liquidity can cause slippage nightmares. 🤔
March 5, 2025 AT 06:27
Bobby Ferew
Obyte sounds promising on paper, but the market cap is barely a blip-hardly convincing for serious investors. The lack of big‑exchange listings only deepens the doubt.
March 9, 2025 AT 07:57
celester Johnson
One could argue that Obyte represents a philosophical rejection of proof‑of‑work, embracing a cleaner ledger. Yet, without broader utility, the idealism fades quickly.
March 13, 2025 AT 09:27
Prince Chaudhary
Respectfully, the community around Obyte seems tight‑knit and welcoming, which is a good sign for newcomers looking to learn. Their focus on real‑world use cases like conditional payments sets them apart.
March 17, 2025 AT 10:57
John Kinh
Meh, another niche coin.
March 21, 2025 AT 12:27
Mark Camden
From a regulatory perspective, the near‑zero transaction fees could raise concerns about money‑laundering vectors, especially given the limited KYC on many Obyte platforms. It’s important to stay vigilant.
March 25, 2025 AT 13:57
Evie View
Obyte’s attempt to be the “green” alternative is laughable when you compare its market relevance to giants like Ethereum.
March 29, 2025 AT 15:27
Kate Roberge
Just because it’s different doesn’t mean it’s better; Obyte’s limited dApp ecosystem curtails its real‑world impact.
April 2, 2025 AT 16:57
Oreoluwa Towoju
Nice overview-thanks for the concise breakdown!
April 6, 2025 AT 18:27
Jason Brittin
Obyte? Oh great, another “instant finality” token. Let’s see if it actually does anything beyond bragging rights. 😂
April 10, 2025 AT 19:57
Amie Wilensky
Interesting read; the comparison table is helpful. However, the lack of detail on security audits leaves me wanting more.
April 14, 2025 AT 21:27
MD Razu
When we examine Obyte through the lens of distributed ledger theory, we must first acknowledge the fundamental shift it introduces by discarding the traditional block paradigm. The Directed Acyclic Graph, or DAG, allows for parallel transaction validation, which theoretically reduces latency to near‑instantaneous levels. Yet, this architectural novelty is not without trade‑offs; the absence of miners means that the network relies on a different incentive structure, often based on transaction fees that are effectively zero. This raises questions about long‑term sustainability, especially when the token’s market cap hovers around a modest $2 million. Moreover, the security model of a DAG differs markedly from proof‑of‑stake systems, requiring careful analysis of potential attack vectors such as double‑spend attempts and network partitioning. In practice, Obyte’s implementation of conditional payments and textcoins demonstrates creative use cases, but adoption remains limited to niche communities. The integration with IoT devices is promising, yet the ecosystem lacks the developer tooling and SDK support seen in larger platforms. Liquidity constraints further exacerbate the problem, as few exchanges list GBYTE, leading to higher spreads and slippage for traders. From a regulatory standpoint, the near‑zero fees could attract illicit activity, a concern that regulators are beginning to address worldwide. Additionally, the consensus algorithm’s reliance on reputation systems introduces social dynamics that are difficult to quantify. The smart‑contract language, Oscript, prioritizes safety, but its learning curve may deter developers accustomed to Solidity’s extensive documentation and community support. Finally, while instant finality is appealing, the network’s overall throughput must be benchmarked under real‑world load to truly assess scalability. In summary, Obyte offers an intriguing alternative to traditional blockchain architectures, but it faces substantial hurdles in usability, security, and market penetration that must be overcome before it can challenge mainstream platforms.
April 18, 2025 AT 22:57
Charles Banks Jr.
Wow, that was a marathon of analysis-thanks for the deep dive, but I’ll stick to the coins with actual hype.
April 23, 2025 AT 00:27