Harmony 

ONE Price

What is the Harmony (ONE) token?

Harmony was a sharded layer-1 blockchain that launched its mainnet on May 27, 2019, with ONE as the native token for fees, staking and governance. The Harmony team proposed fully sunsetting the network in September 2026, and ONE now exists as an ERC-20 token on Ethereum following a 1:1 migration. The team is pivoting to an AI video product built on a "Remix Economy", where creators publish prompts and fans remix them into AI-generated video clips.

Is Harmony blockchain shutting down?

Yes. The Harmony team proposed sunsetting the network on September 6–7, 2026, citing security threats from state actors and AI agents. Validators could power down from 7 a.m. Pacific on September 10, 2026, after a smart-contract exit deadline the same day. The shutdown is a deliberate wind-down by the development team, not the result of a hack or insolvency.

How do I migrate ONE to the new Ethereum ERC-20 token?

No action is required from holders. Harmony took a snapshot of the final network block and airdropped new ERC-20 tokens 1:1 to the same wallet addresses, with no claim process. Total supply and the emission rate remain unchanged in the migration. Before interacting with any new token, verify the contract through official Harmony channels — fake "migration" tokens are a known scam vector.

Is Harmony ONE still trading?

Yes. Per DropsTab data, ONE trades on 20+ spot markets across centralized venues including Binance, OKX, HTX, KuCoin and Gate, plus perpetual futures on Binance Futures, OKX and MEXC. No decentralized-exchange venues are tracked for ONE. Because the layer-1 asset is being replaced by the Ethereum ERC-20, venue pairs are migrating to the new token, and order-book depth on mid-tier venues is thin.

What was the Harmony ONE exploit?

In August 2026, a mint exploit forged roughly 4 billion ONE, equal to about 26% of total supply. The event compromised the token's supply integrity and preceded the sunset proposal by roughly a month. For holders and traders, the forged supply is a material, permanent dilution event rather than a reversible incident.

How does Harmony ONE's vesting schedule affect future sell pressure?

Per DropsTab vesting data, all 47 scheduled unlock events from the 2019 allocation are historical — the insider schedule has fully run off, so no dated future unlocks remain. The public sale unlocked 12.5% of supply at TGE with no lockup, and the seed allocation released 25% at TGE, then 25% every six months. Forward emission risk instead comes from ONE's uncapped maximum supply and the sunset plan to direct future emissions toward the AI-video venture.

Who backed Harmony in its funding rounds and how much did it raise?

Per DropsTab fundraising data, Harmony raised about $23.3M across two rounds. The seed round in April 2019 raised $18,345,600 at $0.0065 per token, with backing from YZi Labs (previously Binance Labs), HashKey Capital, Lemniscap and AU21 Capital. The Binance Launchpad public sale on May 26, 2019 raised $5M at $0.003175 per token. Seed, Team and Protocol Development allocations together controlled roughly 65.7% of the original supply.

What is Harmony's AI video pivot?

The Harmony team is building an AI video product structured as a "Remix Economy": creators publish prompts and source material, fans fork and remix them, and AI agents generate video clips. Former Harmony validators take roles as governors, operators or affiliates in the new system. GPU hardware is subsidized in the first year, and future ONE emissions are earmarked to fund the venture, subject to governor feedback.