# Midnight

> Track Midnight's market cap with daily on-chain data. Compare Midnight with other blockchains (L1). See charts, financial statements and datasets in one place.

Source: [Midnight on Token Terminal](https://tokenterminal.com/explorer/projects/midnight). This page has no metric values. For current values, use the [Token Terminal API](https://tokenterminal.com/docs/api-reference/introduction) or the [MCP server](https://tokenterminal.com/docs/mcp/introduction).

- Token: NIGHT
- Sectors: Blockchains (L1)
- Chains: midnight

## About

### What it is

Midnight is a privacy-first Layer 1 blockchain that blends public verifiability with confidential data handling. It uses zero-knowledge proofs (ZK-SNARKs) and selective disclosure to enable applications that verify correctness without revealing sensitive data. Midnight operates as a partner chain to Cardano and is designed for building confidential smart contracts using its Compact language and the Kachina protocol.

### Who uses it

Midnight is developed by Input Output Global (IOG), the company behind Cardano.

### How it works

Users and developers interact with the protocol by writing and deploying confidential smart contracts using Midnight's Compact language and sending private transactions with zero-knowledge proofs.

## Metrics

Token Terminal tracks these metrics for Midnight daily. Each page has a chart with the full history.

- [Price](https://tokenterminal.com/explorer/projects/midnight/metrics/price)
- [Fully diluted market cap](https://tokenterminal.com/explorer/projects/midnight/metrics/market-cap-fully-diluted)
- [Circulating market cap](https://tokenterminal.com/explorer/projects/midnight/metrics/market-cap-circulating)
- [Token trading volume](https://tokenterminal.com/explorer/projects/midnight/metrics/token-trading-volume)
- [Token turnover (fully diluted)](https://tokenterminal.com/explorer/projects/midnight/metrics/token-turnover-fully-diluted)
- [Token turnover (circulating)](https://tokenterminal.com/explorer/projects/midnight/metrics/token-turnover-circulating)
- [Circulating supply](https://tokenterminal.com/explorer/projects/midnight/metrics/token-supply-circulating)
- [Contracts deployed](https://tokenterminal.com/explorer/projects/midnight/metrics/contracts-deployed)
- [Transaction count](https://tokenterminal.com/explorer/projects/midnight/metrics/transaction-count)
- [Transactions per second](https://tokenterminal.com/explorer/projects/midnight/metrics/transactions-per-second)
- [Block time](https://tokenterminal.com/explorer/projects/midnight/metrics/block-time)

## Links

- [website](https://midnight.network/)
- [twitter](https://twitter.com/MidnightNtwrk)