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.
For traders, the ratio between volume and market cap is often more informative than either number on its own: a high vol-to-mcap ratio indicates liquid, actively traded supply, while a low ratio suggests that most holders are sitting on the asset.
What is the highest and lowest price for Nillion (NIL)?
Nillion reached an all-time high of $0.8971 on March 24, 2025, and an all-time low of $0.0274 on August 1, 2026. It is currently trading -95.20% from its peak and +57.15% from its bottom.
The distance from ATH is a useful gauge of recovery potential during a bear market and of stretched positioning during a bull market. Combined with the all-time-low figure it provides a quick statistical frame for thinking about where NIL sits in its long-run price range.
What is the market cap of Nillion (NIL)?
Nillion's market capitalization is currently $21.68M, and it is ranked #795 by market cap on ReadPrices. Market cap is calculated as the current price multiplied by the circulating supply (503.60 million NIL are actively circulating today).
Market cap is a common but imperfect measure. It reflects the theoretical value of every circulating token at the current market price, but it doesn't capture how thin the top of the order book might be - an important caveat for tokens with low floats or illiquid cap tables.
What is the fully diluted valuation of Nillion (NIL)?
The fully diluted valuation (FDV) of Nillion is $43.49M. FDV is a projection of what the market cap would be if every token that will ever exist - including those that have not yet been unlocked, mined or issued - were in circulation at the current price.
FDV is a useful second reading alongside market cap. A large gap between mcap and FDV signals that future token emissions could dilute current holders, while a small gap indicates that supply is already mostly out.
How does the price performance of Nillion compare against its peers?
Over the past 24 hours, Nillion has moved -3.45%. Over the past seven days, the change is +8.29%. Comparing these figures to the global crypto market cap change (shown in the ticker at the top of this page) tells you whether NIL is leading, lagging or tracking the broader market.
For deeper analysis, the categories strip on the home page groups coins by theme - Layer 1, Meme, DePIN, AI, RWA and so on - and lets you compare Nillion against its closest peers. The category detail pages surface the underlying coins and their seven-day sparklines in a single view.
How to store Nillion?
Like any crypto asset, the right way to store NIL depends on how often you plan to use it. Long-term holders typically self-custody using a hardware wallet such as Ledger or Trezor, which keeps private keys offline and immune to most remote attacks.
For active traders, a reputable custodial exchange wallet can be appropriate, especially one with clear proof-of-reserves attestations. Whatever approach you choose, the most important rule is to keep your recovery phrase offline, never share it, and never enter it into a web form or attached to a DM - no legitimate support agent will ever ask for it.
