STEPN price
GMT
GMT

STEPN price

$0.15400
-$0.00130
(-0.84%)
Price change from 00:00 UTC until now
USDUSD
USD
1h
24h
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1M
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STEPN market information

Market cap
$92.22M
Circulating supply
600,000,000 GMT
Market cap ranking
192
24h high
$0.16090
24h low
$0.15220
All-time high
$4.4000

GMT calculator

USDUSD
GMTGMT
Our current rate
1 GMT ≈ $0.15400

STEPN price performance in USD

The current price of STEPN is $0.15400. Since 00:00 UTC, STEPN has decreased by -0.84%. It currently has a circulating supply of 600,000,000 GMT and a maximum supply of 0 GMT, giving it a fully diluted market cap of $92.22M. At present, STEPN holds the 192 position in market cap rankings. The STEPN/USD price is updated in real-time.
Today
-$0.00130
-0.84%
7 days
$0.0096000
+6.64%
30 days
-$0.00030
-0.20%
3 months
-$0.08160
-34.64%

About STEPN (GMT)

2.4/5
TokenInsight
2.4
11/20/2022
The rating provided is an aggregated rating collected by OKX from the sources provided and is for informational purpose only. OKX does not guarantee the quality or accuracy of the ratings. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly, and can even become worthless. The price and performance of the digital assets are not guaranteed and may change without notice. Your digital assets are not covered by insurance against potential losses. Historical returns are not indicative of future returns. OKX does not guarantee any return, repayment of principal or interest. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/ tax/ investment professional for questions about your specific circumstances.
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When fitness meets blockchain, STEPN stands out as a distinctive and influential player. Driven by its native token, GMT, STEPN is changing how we think about fitness and blockchain, building a fitness-focused system within the decentralized world. The key innovation of STEPN is its clever way of motivating physical activity by offering real rewards, reshaping how we stay motivated for fitness in the decentralized finance (DeFi) age.

What is STEPN?

STEPN is a mobile app built on the Solana blockchain that leverages blockchain technology to motivate individuals to lead a more active lifestyle. It achieves this by rewarding users with GMT tokens for engaging in physical activities within the STEPN ecosystem. Users can accumulate GMT tokens simply by walking or running, merging the pursuit of a healthier lifestyle with the potential to earn rewards.

The STEPN team

Jerry Huang and Yawn Rong co-founded STEPN. Developed by Satoshi Lab, an Australian fintech company, STEPN earned distinction as the winner of the Solana Ignition Hackathon Gaming Track in 2021. Notably, it was the sole mobile game to receive this award.

The judges commended STEPN for its game design, integrated marketplace, user-friendly interface, wallet functionality, and ambitious goal of attracting non-crypto users to the app. With a strong foundation and recognition in blockchain gaming, the STEPN team is poised to bring innovative gaming experiences to a broad audience.

How does STEPN work?

STEPN employs blockchain technology to monitor users' physical activity using GPS and motion tracking sensors commonly found in smartphones. The app records the steps users take and translates them into GMT tokens. The more active a user is, the more tokens they earn. These tokens can be traded, staked, or used for purchases within the STEPN marketplace.

First, users must download the mobile app from either the iOS App Store or Google Play Store and sign up for STEPN. Upon registration, a wallet is created. The next step involves acquiring a Sneaker, a non-fungible token (NFT) responsible for tracking users' steps and activity within the app. To obtain a Sneaker, users transfer GMT tokens to their in-app wallet.

With these initial steps complete, users can start earning tokens by participating in STEPN's Solo mode game. Generating Green Satoshi Tokens (GST) requires energy, where 1 unit of energy corresponds to five minutes of movement for earning. GST tokens serve various purposes, such as minting shoes, repairing and enhancing sneakers, leveling up footwear, and accessing mystery boxes. The platform also incorporates an anti-cheat system, meaning the app will not function properly on jailbroken or rooted devices.

GMT tokenomics

GMT tokens have a total maximum supply of 6 billion tokens, with 1,095,050,379 tokens currently in circulation. GMT tokens follow a deflationary model, which involves burning a portion of the tokens used within the ecosystem. This gradual reduction in total supply over time can potentially enhance the value of the remaining tokens.

GMT use cases

GMT serves as the reward mechanism driving user engagement in the STEPN ecosystem. Users can earn GMT tokens by engaging in physical activities like walking and running. These tokens have practical applications, enabling users to purchase in the STEPN marketplace. The marketplace offers a range of items, including fitness equipment, health supplements, and personal training sessions. Users must acquire a Sneaker NFT using GMT to get started. Additionally, GMT tokens facilitate community involvement by enabling participation in challenges, contests, and events within the STEPN community.

GMT distribution

The distribution of GMT tokens is outlined as follows:

  • 30 percent of the total GMT supply will be allocated to users through game and governance involvement.
  • 30 percent of the total GMT supply is reserved for STEPN's ecosystem development and treasury.
  • 16.3 percent of the total GMT supply was allocated to private sales.
  • 7 percent of the total GMT supply was designated for the Binance Launchpad sale.
  • 14.2 percent of the total GMT supply was allocated to the project team.
  • 2.5 percent is set aside for project advisors.

The road ahead of STEPN 

While still in its early phases, STEPN has already made notable progress. The team is diligently advancing various initiatives, including plans to introduce the app to more countries, thereby extending its user base. Additionally, exploring partnerships with fitness and lifestyle companies could open up new opportunities for users to earn GMT tokens and enhance the app's offerings.

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GMT FAQ

How can I stake GMT?

You can easily stake GMT tokens using the OKX Earn platform. OKX Earn allows users to earn a 1 percent annual percentage rate (APR) on flexible terms.

How can I earn GMT tokens, and what can I do with them?

Earning GMT tokens is as simple as engaging in physical activities such as walking or running. The more active you are, the more tokens you accumulate. Once earned, these tokens offer multiple utility options. They can be traded on exchanges, staked for potential rewards, or utilized to make purchases within the STEPN marketplace, which features a variety of items.

Where to buy GMT tokens?

Easily buy GMT tokens on the OKX cryptocurrency platform. Available trading pairs in the OKX spot trading terminal include GMT/USDT. You can swap your existing cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and USD Coin (USDC), for GMT with zero fees and no price slippage by using OKX Convert.

How much is STEPN worth today?
Currently, one STEPN is worth $0.15400. For answers and insight into STEPN's price action, you're in the right place. Explore the latest STEPN charts and trade responsibly with OKX.
What is cryptocurrency?
Cryptocurrencies, such as STEPN, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as STEPN have been created as well.

GMT calculator

USDUSD
GMTGMT
Our current rate
1 GMT ≈ $0.15400