What is the current price of Ontology Gas?
The current price of Ontology Gas is $0.08237 with a 4.41% change in the last 24 hours.
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Ontology Gas is the utility token of the Ontology blockchain and half of a deliberate two-token design. ONT is the staking and governance asset, while ONG is the divisible token spent as gas for every on-chain action. Holders of ONT accrue ONG through a process the docs call unbinding, so the fee currency comes from the same stake that secures the network.
Official resources:
Ontology was founded by Li Jun in November 2017, with technical support from Onchain, the firm behind NEO. ONT was first issued as a NEP-5 token inside the NEO ecosystem, then swapped for native coins when the MainNet launched on June 30, 2018.
The largest change to ONG's economics came with the v3.0.0 upgrade of November 2025. Total ONG supply was cut from one billion to 800 million with 100 million permanently locked, and 80 percent of new issuance now goes to ONT stakers and 20 percent to liquidity and ecosystem growth, both approved by on-chain governance.
ONG is not mined and is not sold on a schedule; it is unbound continuously to ONT holders. The docs give the formula: claimable ONG equals ONG unbound per second multiplied by ONT possession time multiplied by ONT owned, against a one billion ONT base. The per-second rate declines yearly, from 5 down through 4, 3, 2 and eventually 1. Possession time runs from the last change to an account's ONT balance, so moving ONT resets the window.
ONG pays gas for transfers, contract deployment and execution, including on Ontology EVM, and lives at the native address 0200000000000000000000000000000000000000. Its second role is the reward stream for participation: ONT staked to Triones nodes earns ONG, making the token both the cost of using the network and the income from securing it.
The clean separation of staking asset from fee asset is the defining feature. Because gas is paid in ONG, usage costs are denominated in a token stakers continuously receive, so a staker can pay for activity out of rewards without unwinding their stake. Unbinding is also unusual in accruing to plain possession rather than requiring a deposit.
The nearest analogues are other dual-token chains: NEO pairs NEO with GAS, unsurprising given the shared lineage through Onchain, while VeChain pairs VET with VTHO and Theta pairs THETA with TFUEL. Ontology differs in emphasis, since its purpose is decentralized identity, so ONG is spent disproportionately on credential operations.
ONG is a native chain asset, so its security is the chain's security. Ontology runs VBFT, combining proof of stake, a verifiable random function and Byzantine fault tolerance, so the node sets that propose and confirm blocks change every round and are hard to predict. Consensus is gated by stake, and ONT and ONG are native contracts at fixed addresses, not user-deployed code.
The dual-token model creates a specific supply dynamic: ONG is continuously issued to ONT holders, producing persistent sell pressure from participants who claim and convert rewards. The v3.0.0 supply cut and declining schedule slow issuance but do not remove that flow.
Demand for ONG tracks network usage, so if activity stays modest, fee demand remains low while issuance continues. Operational details can also cause errors: possession time resets on balance changes, ONG must be claimed manually, and the decimal change at block 13920000 broke integrations that were never updated.
Ontology Gas is a long-running test of an unsettled question: should the asset that secures a chain also pay for using it? Separating the two lets fee costs come out of staking income, which matters for a network built around identity operations rather than high-value transfers.
ONG is listed on a number of major centralized exchanges. It can also be acquired without buying, since holding ONT accrues claimable ONG and staking to a Triones node increases that flow. If you withdraw from an exchange, confirm the network is Ontology, since an incompatible path risks permanent loss.
Ontology maintains its own wallets: ONTO for mobile, OWallet for desktop, which adds multi-signature and hardware support, and the Cyano browser extension. For long-term holdings, a hardware wallet used through OWallet keeps signing keys offline. Claiming ONG is an explicit action, and moving ONT resets the possession clock.
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Read the complete paper trading guideThe current price of Ontology Gas is $0.08237 with a 4.41% change in the last 24 hours.
The daily trading volume is $1,279,227 representing a 302.81% change in the past 24 hours.
The market capitalization of Ontology Gas is $39,732,437, ranking #368 globally.
The fully diluted valuation (FDV) of Ontology Gas is $82,365,915, calculated assuming the maximum supply of 1,000,000,000 ONG is in circulation.
Circulating: 482,389,318. Total: 800,000,000. Max: 1,000,000,000.
In the last 24 hours, Ontology Gas traded between a low of $0.08025 and a high of $0.09147.