Octra 

OCT Price

What is the Octra (OCT) FHE blockchain network?

Octra is an L1 blockchain network built around fully homomorphic encryption (FHE), a technique that allows computation on encrypted data. Programs run in isolated execution environments called circles on the Octra OVM, and the network can operate as a standalone chain or as encrypted middleware for existing networks and applications. Octra Labs has developed the project since 2021, with a public testnet in June 2025 and a mainnet alpha in December 2025. OCT is the network's native asset.

How does Octra's HFHE encryption work?

Octra runs a proprietary scheme called HFHE, which builds fully homomorphic encryption on hypergraphs. HFHE lets the Octra network execute logic directly on encrypted states, so encrypted balances and stealth transactions are processed without the network seeing the underlying values. Programs run in isolated environments called circles on the Octra OVM. Developers can write them in AppliedML, Rust, C++, OCaml, or WASM, and the majority of the Octra codebase is written in OCaml and C++.

What is the OCT token used for?

OCT pays all fees on the Octra network. The asset covers standard transaction fees, encrypted-balance operations, stealth transactions, and access to encrypted compute on Octra. Per DropsTab data, OCT carries a hard maximum supply of 1,000,000,000 tokens. The Ethereum contract tracked on DropsTab is a wrapped ERC20 version with 6 decimals, and that wrapper encodes the same 1 billion cap on-chain, verifiable on Etherscan.

Who backed Octra and how much did it raise in funding?

Per DropsTab fundraising data, Octra raised $4 million in a Pre-Seed round on September 20, 2024, at a $40 million valuation, led by Finality Capital Partners. The round included Outlier Ventures, Big Brain Holdings, Presto Labs, ID Theory, Karatage, and eight other funds. A second $4 million raise followed on the Echo platform in August 2025. Official project materials also name Amber Group, Stratos, Atka, and angels Scott Moore (Gitcoin) and Vadim Koleoshkin (Zerion) among backers.

What is OCT's maximum supply and token allocation?

OCT has a fixed maximum supply of 1,000,000,000 tokens. Per the project's tokenomics documentation, validator rewards hold the largest genesis allocation at 37% (370 million OCT). Early investors hold 18.5% (185 million), Octra Labs 15% (150 million), the ecosystem fund and the Uniswap CCA 10% (100 million) each, Echo and Juicebox contributors 4.87% (48.7 million), and a faucet distribution 4.63% (46.3 million). Octra has published no emission schedule for the 37% validator-rewards reserve; the project states the fee model will arrive ahead of mainnet beta.

Are Octra team and investor tokens locked?

Partially. Per the project's tokenomics documentation, Octra Labs wallets are locked indefinitely with a two-year minimum, and two 7.5% operational wallets plus the 10% ecosystem fund wallet stay unused unless the team announces otherwise. No vesting terms are documented for the 18.5% early-investor allocation, the 10% Uniswap CCA, or the contributor allocation. Combined insider exposure of 33.5% (Octra Labs plus early investors) concentrates potential unlock sell pressure, and undisclosed investor vesting terms are the main supply overhang for OCT holders.

What happened to Octra's planned Sonar ICO?

Octra announced an ICO on Sonar running December 18-25, 2025, planning to sell 100,000,000 OCT (10% of supply) at a fixed $0.20 per token, a $200 million fully diluted valuation, with 100% of tokens distributed at TGE and unsold tokens set for burning. The project cancelled the sale before it ran, and no Sonar distribution took place. Per DropsTab data, the campaign is recorded with the planned 100 million OCT reward supply, and the project's own announcement now carries a cancellation notice.

Where can you buy and trade the OCT token?

OCT trades on decentralized exchanges only, per DropsTab data. All tracked liquidity sits on Uniswap V4 (Ethereum) in the OCT/WETH pair, using the wrapped ERC20 version of the token. DropsTab tracks no centralized-exchange spot market and no derivatives market for OCT. Because tracked trades route through a limited set of pairs on multiple DEX venues, depth is thin, sizeable orders face material slippage, and holders moving between Ethereum and the native Octra network depend on the wrapped-token bridge.

Is OCT a coin or a token?

OCT is the native coin of the Octra L1 network, where it pays fees and powers encrypted operations. The version tracked in markets is an Ethereum ERC20 wrapper with 6 decimals, deployed at a contract verifiable on Etherscan, and the wrapper mirrors the same 1,000,000,000 cap as the network supply. Both forms represent the same asset, connected through the bridging documented in Octra's official materials.