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Market

Market stats

Market cap

$139.1M

Volume (24h)

$7.6M

Circulating supply

219.0M CTXC

All time high

$2.41

Price change (1h)

-0.51%

Price change (24h)

+2.1%

Price change (7d)

+4.03%

About Cortex

The Cortexblockchain platform is an open-source, peer-to-peer, decentralized platform based on Ethereum that enables artificial intelligence (AI) models to be executed and uploaded over a distributed network. The Cortex platform aims to facilitate AI democratization, where models can be easily integrated into smart contracts and created into decentralized applications (DApps). Smart contracts are just like regular contracts; however, instead of being drafted on paper, these contracts run in the form of protocols on blockchain.

There was no known way to facilitate on-chain machine learning models efficiently and deterministically before the Cortex team. As a result, DApps, including machine learning models, used off-chain inferences, defeating the purpose of smart contracts. Corex aimed to resolve the problem with the Cortex Virtual Machine (which utilized the GPU rather than the CPU). The Cortex Virtual Machine (CVM) seeks to allow efficient machine learning on the Cortex blockchain. The platform enables machine learning models to be integrated into smart contracts and decentralized applications.  Furthermore, to create AI-enhanced DApps and smart contracts, developers use the popular language Solidity and off-the-shelf AI models.

Cortex has introduced a mechanism that incentivizes AI developers to store models on the blockchain. Blockchain developers have access to the best AI models available worldwide and can choose from them. Competition between AI model providers naturally leads to better and better AI models within the ecosystem.

According to the whitepaper, Cortex's ultimate goal is to become a better token supporting all AI models. To achieve this goal, Cortex 2.0 seeks to deliver a more comprehensive core technical architecture for on-chain AI integration in smart contracts and improved security and performance for the Cortex chain. The Cortex 2.0 implementation also seeks to emphasize the accuracy and privacy of on-chain AI inference results by implementing formal verification, trusted execution environments, and more.

News about Cortex

Messari • Mar 01, 24

The Week in Crypto Policy: HFS Advances Two Bills and Senate Anti-CBDC Bill

The House Financial Services Committee advanced two bills of note to the crypto community. One would repeal SAB 121, an SEC rule preventing banks from providing custody services for customers' digital assets and spot Bitcoin ETFs. The other aims to clarify and expand the Secret Service's authorit...

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Decrypt • Mar 01, 24

Bitcoin Is Back—How Long Will This Bull Run Last?

After a big week for Bitcoin, some are looking beyond the next all-time high to ask whether the good times will last.

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Blockworks • Mar 01, 24

Cheatsheet: Stablecoins mint $7.7B since bitcoin ETFs, beating inflows

A crypto bull market demands billions more dollars on blockchains. Luckily, stablecoin issuers are on deck

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CoinDesk • Mar 01, 24

First Mover Americas: Is Bitcoin Rallying Ahead of Schedule?

The latest price moves in bitcoin (BTC) and crypto markets in context for March 1, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

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BeInCrypto • Mar 01, 24

AlgosOne and Sora Unleashed: How AI Trading and Lifelike Videos Are Shaping the Future of Finance!

The advancement of Artificial Intelligence (AI) technology spans a range of developments that excite some and alarm others.  For example, look at Sora, the new text-to-video model from OpenAI that can create videos based on text prompts, which are indistinguishable from reality.  Public reactions...

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The Block • Mar 01, 24

BlackRock’s IBIT spot bitcoin ETF crosses $10 billion in AUM

BlackRock's IBIT saw its second-largest daily inflows of $603.9 million — canceled out by $598.9 million in outflows from Grayscale’s GBTC.

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Cortex is on the rise this week.

The price of Cortex has decreased by 0.51% in the last hour and increased by 2.10% in the past 24 hours. Cortex’s price has also risen by 4.03% in the past week. The current price is $0.64 per CTXC with a 24-hour trading volume of $7.58M. Currently, Cortex is valued at 73.62% below its all time high of $2.41. This all-time high was the highest price paid for Cortex since its launch.

The current circulating supply of Cortex is 219,045,347.781 CTXC which means that Cortex has as total market cap of 219,045,347.781.

FAQ

What is the current price of Cortex?

We update our Cortex to USD currency in real-time. Get the live price of Cortex on Coinbase.

What is the market cap of Cortex?

The current market cap of Cortex is $139.06M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Cortex?

The all-time high of Cortex is $2.41. This all-time high is highest price paid for Cortex since it was launched.

What is the 24 hour trading volume of Cortex?

Over the last 24 hours, the trading volume of Cortex is $7.58M.

What other assets are similar to Cortex?

Assets that have a similar market cap to Cortex include Secret, Stargate Finance V1, Agoras: Currency of Tau, and many others. To see a full list, see our comparable market cap assets.

How many Cortex are there?

The current circulating supply of Cortex is 219 million.

Can I buy Cortex on Coinbase?

No, Cortex is not currently available on Coinbase, but you can sign up to get the latest news on Cortex and be notified when it gets added to our exchange.

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