MultiversX

EGLD is the native coin of MultiversX (formerly Elrond), a sharded proof-of-stake blockchain for payments and smart contracts.

MultiversX, called Elrond until its rebrand, is a layer-1 blockchain that splits work across three shards to process many transactions in parallel. Its mainnet launched on 30 July 2020. By 2 October 2026 it had about 9.3 million accounts and 630 million transactions. The Supernova upgrade in September 2026 cut block time from six seconds to about 0.6 seconds.

EGLD pays transaction and smart contract fees and secures the network. Validators stake at least 2,500 EGLD per node under Secure Proof of Stake and can be jailed or slashed; other holders delegate to staking providers and share the rewards. About 14.3 million EGLD, 46% of supply, were staked in October 2026.

EGLD was designed with a theoretical cap of 31,415,926 coins. Since December 2025 the network uses tail inflation instead: 8.757% a year on current supply, falling by 0.25 points a year to a 2% floor, with 20% of new coins going to an ecosystem growth fund, 20% to a growth dividend fund and 10% to protocol sustainability. About 30.87 million EGLD existed in October 2026.