What is the current price of Secret?
The current price of Secret is $0.007123 with a 2.98% change in the last 24 hours.
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Derivatives and mapped ecosystem data, with source timings and coverage.
"Secret" is a generic word, so it is worth being exact about which project this page describes. SCRT is the native coin of Secret Network, a Layer 1 blockchain built with the Cosmos SDK and CometBFT consensus, running as chain secret-4. It pioneered privacy preserving smart contracts, meaning contracts whose inputs, outputs, and internal state are encrypted rather than published in the clear. It is unrelated to any similarly named token on another chain.
The practical difference is simple. On Ethereum or Solana, contract data is public by default and privacy has to be added on top. On Secret Network, contract data is encrypted by default and disclosure is what you opt into, using viewing keys or permits to let a specific party read your balances or history. SCRT pays fees, stakes with validators, and votes in governance.
Official sources:
The research goes back to 2015, when Guy Zyskind published work at MIT on secure and private decentralized computation. That became Enigma, co-founded with Can Kisagun, which raised roughly 45 million dollars in a 2017 sale of an Ethereum token called ENG. On February 19, 2020 the US Securities and Exchange Commission settled charges against Enigma MPC over that offering as an unregistered securities offering; Enigma paid a 500,000 dollar civil penalty and agreed to register ENG as a class of securities. SCRT is a different asset from ENG.
The network launched in February 2020 with more than 20 independent genesis validators. Encrypted smart contracts went live in September 2020, and the project rebranded from Enigma to Secret Network, with the company renaming itself SCRT Labs. The Ethereum bridge followed in December 2020, and IBC connectivity arrived with the Supernova upgrade in November 2021.
The most consequential chapter is recent. In 2026 SCRT Labs proposed winding down its role and migrating SCRT to an ERC-20 on Arbitrum, with a balance snapshot planned for September 1, 2026. That path was not adopted. Instead, on-chain Proposal 365 was submitted on August 12, 2026 and passed when voting closed on August 19, 2026, scheduling a software upgrade named v1.26.0-community-continuance at block height 26,790,327 that transferred stewardship to a community led organization. The upgrade carried a one-time issuance of new SCRT to fund the successor development entity, validator incentives, and remediation for an earlier bridge exploit, substantially diluting existing holders. Anyone evaluating SCRT today should read the continuance thread on the Secret forum first.
Secret Network combines three ideas that are usually kept separate.
Proof-of-Stake consensus on Cosmos SDK Validators produce blocks and delegators bond SCRT behind them. Current chain parameters allow up to 80 active validators, with a 21 day unbonding period.
Encrypted computation inside trusted execution environments Every validator node runs the contract runtime inside an Intel SGX secure enclave. Transaction data is encrypted on the way in, decrypted only inside the enclave, and re-encrypted on the way out, so the node operator is not supposed to see the plaintext. The enclave hardware permitted to join is itself governed: validators must be added to an on-chain machine whitelist by governance proposal, and those proposals are still being submitted and voted on routinely.
Selective disclosure instead of total opacity Because state is encrypted rather than hidden behind a mixer, Secret contracts can grant read access deliberately. Viewing keys and query permits let a user, auditor, or counterparty read specific data without making it public.
SCRT is used for:
On supply: SCRT has no protocol maximum and is inflationary by design. Current mint parameters set both the minimum and maximum inflation rate to 5 percent per year, so issuance is a fixed 5 percent rather than a rate that floats with the bonded ratio, against a bonded goal of 67 percent. Any description of SCRT as capped is incorrect, and the 2026 continuance upgrade added a large one-time issuance on top of that.
It was the first live blockchain where general purpose smart contracts kept their state encrypted, and it has stayed committed to that design rather than pivoting. The selective disclosure model is genuinely different from transaction-privacy chains: it lets an application hold confidential data and then reveal specific facts about it, which is what most real world use cases actually need.
The recent history is also a point of distinction. Very few chains have survived their founding company walking away, and governance executing a stewardship transfer on chain rather than the network simply stopping is a meaningful data point about decentralization in practice.
Against Monero and Zcash, the difference is scope. Those protocols make payments private and are very good at it. Secret makes application state private, covering private auctions, confidential voting, sealed order books, and private data in AI workflows, but does not aim to be a private currency.
Against Oasis, the comparison is closest. Both use trusted execution environments for confidential smart contracts, differing in architecture and in how confidential and public execution are separated.
Against zero-knowledge privacy systems, the tradeoff is explicit. Secret's guarantees rest on hardware enclaves behaving as specified, which is a weaker cryptographic assumption than a zero-knowledge proof but allows general computation on encrypted data at practical speed. That tradeoff is the central thing to understand about the network. Within Cosmos, Secret is a sovereign chain that connects through IBC rather than competing for the same execution environment.
Consensus security comes from bonded SCRT and the validator set, with the usual Proof-of-Stake properties: slashing for misbehavior, a 21 day unbonding period, and a capped active set. Confidentiality security is separate and rests on Intel SGX. Enclave integrity is enforced through remote attestation, and the network additionally restricts which hardware may run a node through a governance controlled whitelist. Version 1.7 in March 2023 added consensus seed rotation and light client verification to limit the blast radius if an enclave were compromised. Governance is the third layer, and in 2026 it was load bearing: Proposal 365 passing on chain is what kept the network operating after its founding company stepped back.
Secret Network answered a question most of the industry avoided: what a blockchain looks like if data is private by default and disclosure is opt-in. It shipped that, kept it running through multiple upgrades, and extended it toward confidential virtual machines and private AI inference. The 2026 transition to community led development is now the defining test of whether a network can outlive its founding company.
SCRT is listed on centralized exchanges and trades on Cosmos decentralized exchanges such as Osmosis over IBC. Availability varies by region, and privacy assets are subject to venue and jurisdiction specific restrictions.
SCRT has commonly been available on:
Pairs are usually quoted against USDT or BTC. Confirm with the venue, since privacy asset availability changes.
secret-4, which is required for staking, governance, and secret contractsVerify the network and address prefix before any transfer. Secret addresses begin with secret1, and IBC transfers must use the correct channel.
Compare SCRT with related ecosystems on Coinrithm:
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Read the complete paper trading guideThe current price of Secret is $0.007123 with a 2.98% change in the last 24 hours.
The daily trading volume is $31,343.61 representing a 7.76% change in the past 24 hours.
The market capitalization of Secret is $10,296,886, ranking #654 globally.
The fully diluted valuation (FDV) of Secret is $10,296,886, calculated assuming the total supply of 1,445,510,988 SCRT is in circulation.
Circulating: 1,445,510,985. Total: 1,445,510,988. Max: N/A.
In the last 24 hours, Secret traded between a low of $0.007021 and a high of $0.007577.
SCRT/USDTTether USDT0.007123 USDT
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