What is OpenLedger (OPEN)? Latest update in 2025

What is OpenLedger (OPEN)? Latest update in 2025
What is OpenLedger (OPEN)? Latest update in 2025

As AI evolves, the infrastructure to deploy AI is also growing rapidly. OpenLedger is pioneering the AI ​​trend with groundbreaking innovations. What is Openledger? Let’s dive into the article below.

Key Takeaways

  • OpenLedger is a layer 1 blockchain built exclusively for AI, offering a decentralized framework for developing Specialized Language Models (SLMs).
  • Payable AI Models is an AI integration layer with OpenLedger's infrastructure, helping turn AI models into systems
  • Datanet is known as a data management layer, providing high-quality resources for training and optimizing AI models.

What is OpenLedger?

OpenLedger is a layer 1 blockchain built exclusively for AI, offering a decentralized framework for developing Specialized Language Models (SLMs). The project makes use of the datanet system to gather, maintain, and support the creation of deep AI models for a variety of applications, including chatbots, virtual assistants, copilots, and trading tools.

While large language models (LLMs) like GPT-4 and ChatGPT have transformed how humans engage with technology, OpenLedger focuses on solving LLM restrictions.

How does OpenLedger work?

OpenLedger provides three main layers, each playing a crucial role in optimizing AI development and application.

Payable AI Models

Payable AI Models Flow

Payable AI Models is an AI integration layer with OpenLedger's infrastructure, helping turn AI models into systems that can measure value and distribute rewards transparently. It works based on two factors:

  • Specialized Language Models (SLMs): SLMs are AI models that are optimized for specific domains, providing higher performance and accuracy than general language models such as GPT or BERT.
  • Proof of Attribution: This is a system of measuring and allocating value based on the contribution of each data source to the AI ​​training process.

Datanet

Datanet Layer

Datanet is known as a data management layer, providing high-quality resources for training and optimizing AI models.

Each datanet contains data from a specific field such as finance, healthcare, images, audio, video, etc. Data in the datanet is verified and organized in a reasonable manner to ensure the quality of input for AI.

The main components of the Datanet include:

  • Datanet owner: Responsible for managing, maintaining and establishing operating rules as well as reward distribution mechanisms.
  • Data contributor: Provides data for AI development, receives rewards based on the level of contribution.
  • Validator: Conducts testing, verification and ensures the quality and accuracy of the data.

When an AI model needs data, the datanet will provide appropriate resources, helping to optimize the AI ​​training and deployment process. The Proof of Attribution mechanism is also applied to record contributions and distribute rewards fairly.

Agent Layer

The Agent Layer is responsible for deploying and running AI agents built on specialized models and the underlying data platform. It functions not only as the environment where agents operate but also as the interface connecting users with the broader AI ecosystem.

At this stage, agents are launched on top of the SLM developed in earlier layers. What sets the Agent Layer apart is its decentralization and ownership model, allowing users not just to interact with AI agents but also to possess them.

How to set up the OpenLedger extension?

How to set up the OpenLedger extension?

Here’s how to set up the OpenLedger Node:

  • Step 1: Go to https://testnet.openledger.xyz/ and choose the “Store” tab. Click “Add Chrome Extension” and confirm the installation.
  • Step 2: Once installed, click the OpenLedger icon on the Chrome toolbar. 
  • Existing users: Log in with your Google account. 
  • New users: Register an account on OpenLedger Testnet before logging in to the node.
  • Step 3: Once logged in, the extension will automatically connect to OpenLedger and set up your node.

OpenLedger Airdrop Information

How to get OpenLedger Airdrop?

How to get OpenLedger Airdrop?

The OpenLedger airdrop is based on participation in the testnet. Here’s how to participate and get rewards:

  • Install a node on your device to contribute computational resources to the Data Intelligence Layer.
  • Keep the node running to support data collection and processing.
  • Receive rewards based on your level of contribution, including running a node and participating in additional tasks.

OpenLedger Airdrop Eligibility

The OpenLedger airdrop does not require complicated conditions. Simply installing and running a node qualifies you for the OpenLedger airdrop.

  • Have a device that can run an OpenLedger node (Android, Windows, Linux).
  • No country restrictions – anyone in the world can participate.
  • No age requirements – anyone can register and receive rewards.

OpenLedger Tokenomics & Fundraising

Tokenomics

- Token Allocation:

  • Total Supply: 1B $OPEN
  • Circulating supply: 215.5M 
  • Community: 51.7%
  • Investors: 18.3%
  • Team: 15%
  • Ecosystem: 10%
  • Liquidity: 5%
$OPEN Tokenomics

Fundraising

On July 2, 2024, OpenLedger successfully raised $8 million in Seed funding, led by Polychain Capital and Borderless Capital. In addition, this investment round also saw the participation of Hashkey Capital, Balaji Srinivasan, Mask Network, etc.

OpenLedger Fundraising

OpenLedger (OPEN) Listing Information

Here are important details revealed to OPEN:

  • Listing time: September 8th
  • Confirmed CEX Listings: Binance, Bybit,...
  • Pre-market Price (Whales Market): $0.21

OpenLedger Roadmap & Team

Roadmap

Currently, OpenLedger has not announced any official roadmap for the project. Whales Market will update immediately when the official OpenLedger website announces.

Team

The OpenLedger core team includes:

Conclusion

OpenLedger is a blockchain dedicated to high-quality data for AI. With its Payable AI model, OpenLedger is like the early YouTube, transforming a closed ecosystem into an open platform where anyone can contribute and be rewarded.

Disclaimer: This article is for informational purposes only, not investment advice, and Whales Market is not responsible for any of your investment decisions.

FAQs

1. What is OpenLedger ($OPEN)?

Openledger is the AI Blockchain, unlocking liquidity to monetize data, models and agents. OpenLedger Chain is the foundation for trusted AI. All actions such as dataset uploads, model training, reward credits, and governance participation are executed on-chain.

2. What is the native token of OpenLedger?

The native token for OpenLedger is $OPEN. $OPEN acts as the native gas token for the OpenLedger chain. Every transaction, smart contract execution, and AI model interaction is paid in OPEN, making it the backbone of the network’s economic activity.

3. What is the price of OpenLedger ($OPEN) today?

While $OPEN has not been listed yet, you will be able to trade $OPEN pre-market on Whales Market starting from September 3rd 2025. Here you can trade $OPEN before the asset got listed on leading CEXes like Binance, Bybit or OKX.

4. What is OpenLedger ($OPEN) pre-market price?

As of September 5th 2025 2025, the pre-market price for $OPEN (OpenLedger) is 0.21 on Whales Market. Whales Market is the leading pre-market DEX platform to trade pre-TGE tokens and allocations, with over $300 million in volume, no middlemen, trustless and on-chain.

5. Which exchange will OpenLedger ($OPEN) get listed on?

As of September 5th 2025, there is no info yet about which exchange will $OPEN get listed on. However, on August 28th 2025, OpenLedger has announced an Exclusive Booster Campaign on Binance Wallet, which hinted a possibility of getting listed on Binance Alpha.

6. How much has OpenLedger ($OPEN) raised?

OpenLedger has raised a 8M Seed Round from Polychain, HashkeyCapital and Sandeep Naiwal.