Ore 

ORE Price

What is the Ore coin?

Ore is a mineable proof-of-work cryptocurrency token built on Solana, launched April 2, 2024 by the pseudonymous developer Hardhat Chad and developed by Regolith Labs. Every ORE token is created through on-chain mining, with no pre-mine and no insider allocation. The project positions ORE as a Solana-native store of value and is often described as the first mineable token on Solana.

Is Ore like Bitcoin on Solana?

Ore copies Bitcoin's core monetary design but runs it on Solana. Both use proof-of-work mining, a hard supply cap, and emission schedules - per Solana Compass, Ore's issuance halves every four years. The differences are structural: Ore's cap is 5 million tokens rather than 21 million, mining runs through Solana programs instead of a dedicated chain, and the V3 version replaced brute-force hashing with a strategic grid game.

What is Ore's maximum supply and hard cap?

Ore has a hard supply cap of 5,000,000 ORE, set at the V2 launch in August 2024 and retained in V3. The original V1 design mirrored Bitcoin's 21 million cap, and some older guides still cite that outdated pre-V2 figure. New ORE enters circulation only through mining rewards, issued at a protocol rate of roughly 1 token per minute.

How does Ore mining on Solana work?

Ore mining has gone through three versions. V1 launched in April 2024 and was paused after network congestion. V2, launched in August 2024, introduced DrillX, a memory-hard algorithm designed so ordinary laptops and phones can compete. V3, launched October 22, 2025, turned mining into a 5x5 grid game: miners deposit SOL into cells, and the winning cell claims the ORE reward plus most of the losing cells' SOL.

What is Ore's token contract address?

The ORE token mint address is oreoU2P8bN6jkk3jbaiVxYnG1dCXcYxwhwyK9jSybcp. The on-chain mining program runs at mineRHF5r6S7HyD9SppBfVMXMavDkJsxwGesEvxZr2A. Both addresses live on Solana, so holders can verify the mint and mining activity in any Solana block explorer. ORE is divisible to 11 decimal places, which allows micro-claims of mining rewards.

Does Ore have a vesting schedule or token unlocks?

Ore has no vesting schedule, no allocation buckets, and no cliff dates. The token is a fair launch: all ORE enters circulation through continuous on-chain mining, with 0% allocated to the team or investors. Inflation therefore comes from mining emissions rather than unlock events, so no scheduled insider sell pressure exists in the supply calendar.

Who funded Ore?

Regolith Labs, the software company behind Ore, raised $3 million in a seed round announced September 13, 2024. Foundation Capital led the round, with participation from Solana Ventures and B+J Studios. The funding is equity in the development company, not a token purchase: ORE had no ICO or public sale, and investors received 0% of the token supply.

Did Ore run an airdrop or token sale?

No. Ore held neither an airdrop nor a token sale; mining is the only distribution mechanism for new ORE. The protocol rewards committed miners instead: staked ORE boosts mining payouts by up to 2x, and delayed claims accumulate redistributed refining fees. Per Blockworks analytics, a claim pays out 90% of unrefined mining rewards plus 100% of refined fees.

Where can you buy ORE?

Per DropsTab data, ORE trades on decentralized exchanges only, with more than a dozen tracked markets on Meteora and Raydium and zero centralized exchange listings. ORE/SOL and ORE/USDC are the primary pairs. Kraken publishes an informational ORE price page but does not offer the token for trading. Liquidity is pool-dependent and thinner than that of CEX-listed peers.