Concrete Protocol launches CT token with 1 billion supply
CIE News ·
Concrete Protocol carried out its CT token generation event on September 30, 2026, launching a fixed 1 billion asset alongside $1.2 billion in locked deposits.
On September 30, 2026, the on-chain financial operating system Concrete Protocol executed the Token Generation Event for its native governance asset, CT. Concrete Network, Ltd. managed the deployment of the token, establishing governance mechanisms across the network while releasing CT as an actively tradeable digital asset.
The CT token was minted with a strictly fixed total supply of 1.0 billion units, featuring 0% perpetual inflation. Concrete Network, Ltd. confirmed that no additional tokens will be created beyond this initial supply.
At the time of the event, the protocol reported more than $1.2 billion in total locked deposits across its platform. The network also documented an active participant base exceeding 54,000 depositors, alongside more than $23 billion in cumulative transaction volume.