Kleros Price

Kleros (PNK) is a cryptocurrency used in a decentralized dispute resolution platform. Launched in 2018, it operates on the Ethereum blockchain. PNK tokens play a crucial role in the ecosystem by being used to select arbitrators for resolving disputes. As of 2025-07-03, Kleros is ranked #1294 with a price of $0.01392. In the past 24 hours, it has seen a +0.43% change, with a trading volume of $58.94K. The current market cap stands at $10.08M. Kleros has a circulating supply of 724.18M PNK and a total supply of 805.29M PNK. The project was founded by Federico Ast, Clément Lesaege, and Nicolas Wagner, aiming to create a fair and efficient dispute resolution system for the digital age. Kleros tokens are used to incentivize jurors who participate in the arbitration process. Token holders can stake their PNK to be selected as jurors, and the more tokens staked, the higher the chance of selection. This mechanism ensures that arbitrators have a vested interest in making fair decisions. The platform supports various types of disputes, from simple e-commerce disagreements to complex smart contract conflicts, making it a versatile solution for the growing decentralized ecosystem.

Kleros cryptocurrency was created in 2018. It was launched as the native token for the Kleros decentralized arbitration platform. Kleros is an ERC-20 token built on the Ethereum blockchain, designed to facilitate transactions and governance within the Kleros ecosystem. Since its creation, Kleros has been used for various purposes on the platform, including staking, voting, and dispute resolution. The token can be stored in any wallet that supports ERC-20 tokens, making it accessible to a wide range of users in the cryptocurrency space.

The founders of PNK cryptocurrency are Federico Ast, Clément Lesaege, and Nicolas Wagner. Federico Ast serves as the CEO of Kleros and is also a lecturer on Coursera. Prior to founding Kleros, Ast worked as a creator and evangelist at Crowdjury, and had experience as a journalist, speaker, and blogger at Clarín. The founding team combined their expertise in blockchain technology, dispute resolution, and decentralized systems to create Kleros, which aims to provide a decentralized arbitration platform for the crypto ecosystem. Since its launch in 2025-07-03, Kleros has grown to become a notable project in the prediction markets and Ethereum ecosystem categories.

Kleros (PNK) operates as an ERC20 token on the Ethereum blockchain, powering the Kleros decentralized dispute resolution system. Users stake PNK tokens to participate as jurors in arbitration cases. When a dispute arises, PNK holders are randomly selected to form a jury pool. Jurors analyze evidence and vote on case outcomes, with correct votes rewarded with additional PNK tokens. This incentivizes honest participation and helps maintain the integrity of the dispute resolution process. PNK is also used for creating and managing dispute courts, funding cases, and appealing decisions. The token's value is tied to the demand for Kleros' arbitration services. As of 2025-07-03, PNK is trading at $0.01392 with a market cap of $10.08M and a 24-hour trading volume of $58.94K. The total supply of PNK is 805.29M PNK, with 724.18M PNK currently in circulation.

Kleros utilizes a blockchain-based architecture with a Proof-of-Stake consensus mechanism. The network consists of nodes that validate transactions and maintain the distributed ledger. Users interact with the system through wallets, which store private keys and manage PNK tokens. Staking plays a crucial role, allowing token holders to participate in network security and earn rewards. The architecture includes smart contracts for executing decentralized applications, particularly in the realm of prediction markets and dispute resolution. Transaction fees are implemented to prevent spam and incentivize network participation. Kleros's technical design also incorporates cross-chain compatibility, enabling integration with both Ethereum and Polygon ecosystems. This multi-chain approach enhances scalability and interoperability. The system's architecture prioritizes security, transparency, and efficiency in facilitating decentralized decision-making and arbitration processes.

The future of Kleros looks promising within the Polkadot ecosystem. The roadmap for PNK includes continued development and integration with Polkadot's interoperable network. Key milestones planned for Kleros include: 2025: Expansion of use cases and partnerships within the Polkadot ecosystem. 2026: Launch of new features to enhance scalability and transaction speed. 2027: Integration with more parachains to increase cross-chain functionality. 2030: Potential upgrade to become a full parachain on Polkadot. Kleros aims to drive innovation in decentralized justice and dispute resolution. The team is focused on improving the platform's user experience, expanding its juror base, and increasing adoption across various industries. With its unique value proposition and growing ecosystem, PNK is positioned to play a significant role in Polkadot's future landscape of decentralized applications and services. As the demand for efficient dispute resolution mechanisms in the blockchain space continues to grow, Kleros is expected to see increased utility and value. While specific price predictions are challenging, the overall trajectory for PNK appears positive based on its technological advancements and ecosystem growth.