What is Nillion (NIL)?
Nillion is a decentralized network for Encrypted Markets. Instead of broadcasting an instruction before it executes, a user seals it to a condition and posts it onchain, where it stays unreadable, to other traders, to agents, and to the network itself, until that condition is met. At that moment a threshold of independent nodes unlocks it and it executes automatically. Covenants is the primitive that makes this possible, bringing privacy to the parts of a market that have always run in the open: the order, the strategy, and the logic behind them.
How does Nillion work?
$NIL is the native utility token of the network that is used for: * Protocol fees for creating and resolving Covenants * Staking to operate a node and secure the network * Rewards paid to nodes that monitor conditions and settle results Covenants is the protocol powering Encrypted Markets: * Condition-gated instructions sealed onchain, revealed and executed only when live data feeds meet the condition $NIL also enables access to Nillion's established privacy infrastructure: * nilDB: an encrypted database with data split across multiple nodes, where calculations can still be performed on data while in encrypted form * nilAI: AI-focused privacy technologies including AI Virtual Machine (AIVM), nada-AI, and nilTEE
Where can you buy Nillion?
Nillion (NIL) is traded on a wide range of centralized and decentralized exchanges. The most liquid markets for NIL sit on tier-1 venues - the sort of exchanges where institutional desks and professional market makers rebalance continuously - which is what keeps the spread tight and the last price tied closely to fair value.
You can open the Markets section above to see the live list of exchanges quoting NIL, sorted by 24-hour volume. Each row links to the venue's trade page so you can go directly from research to execution without copying the ticker around by hand.
What is the daily trading volume of Nillion (NIL)?
The reported 24-hour trading volume of Nillion is $9.51M. Volume is a live reading of how much NIL changed hands across all tracked exchanges in the past day and tends to rise during periods of price discovery and fall during consolidation.
