Akash Network

AKTEUR denotes the market price of Akash Network’s native token, AKT, quoted in euros (EUR). It expresses how much one unit of AKT is worth when exchanged for euros on trading venues that support the pair.

Akash Network is a decentralized cloud computing marketplace and its AKT token functions as a utility and governance token for the protocol. The project launched in 2020 and was developed by a team led by Greg Osuri; it is built on Cosmos SDK technology. AKT is used for staking, governance votes and to pay for services within the network, and the protocol operates with tokenomics that include issuance and staking rewards rather than a hard fixed supply.

The AKTEUR rate is determined by standard market mechanics: supply and demand on exchanges where AKT is listed, liquidity available in order books and OTC venues, and trader and investor sentiment. Network-specific factors such as staking participation, on-chain activity and protocol upgrades, together with broader macro drivers and EUR strength, also influence the price.

For traders and investors, AKTEUR provides a direct way to gain or hedge exposure to Akash’s token economy in euro terms. Market participants use the pair for directional trading, arbitrage, portfolio allocation and to access staking opportunities.

As with many digital assets, AKT can exhibit notable volatility and liquidity varies by exchange; spreads and market depth are important considerations for execution.