Aethir

Aethir is a distributed GPU cloud for AI and gaming; ATH is the token used to pay compute providers, stake and govern.

Aethir rents out GPU computing power. Independent providers, called Cloud Hosts, connect enterprise-grade GPUs to the network, and companies use them to train and run AI models or to stream games. The website cites more than $400 million worth of compute capacity.

ATH is the network’s token, issued on Ethereum and also available on Arbitrum and Solana since its listing on 12 June 2024. Compute buyers pay node operators in ATH, Cloud Hosts must stake ATH to operate, and holders can stake for variable rewards with locks from one week to four years. The total supply is 42 billion; about 20.1 billion circulated per CoinMarketCap on 2 October 2026, and more unlocks every month.

A separate Pre-deposit Vault lets holders deposit ATH that Cloud Hosts borrow for their required stake, with rewards that rise with utilisation. CryptoUmmah reports annual recurring revenue above $147 million and criticises the Foundation for moving a 1.26 billion ATH airdrop into its treasury without a vote.