Espresso Systems (ESP) Price Chart and Market Data

This analytical overview details Espresso Systems’ technological architecture, ESP token supply metrics, funding rounds, and exchange availability.

What is Espresso Systems (ESP)?

Espresso Systems is an infrastructure layer for Ethereum rollups. Not a flashy L2 chasing users — more like shared coordination underneath them. Its job is to help rollups get faster confirmations and, eventually, coordinate across chains without depending on one centralized sequencer. The ESP token governs and secures that layer. It’s not glamorous. It’s structural.

Why does everyone mention HotShot and Tiramisu?

Because ordering transactions — not execution — is the bottleneck. HotShot is Espresso’s custom BFT consensus for sequencing. Tiramisu handles data availability in a more bandwidth-efficient way. The design tries to balance speed and fallback safety. Fast when it can be. Conservative when it has to be. That tension is kind of the whole point.

What is the Espresso Systems ESP token total supply?

The supply is fixed at 1 billion ESP. No extra inflation beyond that cap. Allocation specifics are still being finalized publicly, but the shape is familiar: long vesting for early participants, ecosystem allocation, gradual release. Nothing exotic there. The bigger question is how the utility scales with adoption.

What is the utility of the Espresso coin?

It’s used for governance, staking security, and eventually sequencing economics as the shared marketplace matures. There’s also a fair-ordering component meant to reduce extractive MEV behavior. In theory, that ties value to network usage. In practice, it depends on whether rollups actually lean into shared sequencing at scale.

How did the vesting from the public sale work?

Simple structure: 50% unlock after one year, then the remaining 50% unlocks linearly over the next year. Two-year release window. That smooths out supply over time. Of course, cliffs still create moments to watch, but it’s not a short-term dump design.

What were the Espresso Systems funding rounds?

Two main rounds. Seed in March 2022 ($32M) led by Electric Capital and Sequoia Capital. Then Series B in March 2024 ($28M) led by Andreessen Horowitz (a16z). Total raised: $60M. The investor list skews infrastructure-heavy — more builders’ capital than momentum capital.

Is the Espresso airdrop checker still active?

Yes. It runs from December 22, 2025 through early 2026, with 30+ eligibility paths. On-chain activity across integrated rollups, partner interactions, creator participation — those all factor in. Users connect an EVM wallet, link X, complete Proof of Humanity. Some criteria may still evolve before final claim windows.

Where to check the ESP token price and trade?

It’s fully live. ESP trades on Binance, KuCoin, Kraken, HTX, Gate, MEXC, BingX, and also on Uniswap V3 (Arbitrum One). Pairs include USDT, USDC, USD, EUR, and TRY. So this isn’t pre-market anymore. Liquidity exists across venues — though, as always, depth varies depending on the pair and exchange.