# Qubic

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

Source: [Qubic on Token Terminal](https://tokenterminal.com/explorer/projects/qubic). 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: QUBIC
- Sectors: Blockchains (L1)
- Chains: qubic

## About

### What it is

Qubic is a high-performance Layer 1 blockchain protocol built on Useful Proof of Work (UPoW), enabling feeless transactions, instant finality, and high-throughput smart contract execution. Its UPoW mechanism channels mining energy toward AI computation, integrating artificial neural networks as part of its consensus and computation model.

### Who uses it

Developers and builders looking to deploy smart contracts, as well as miners participating in the network's proof-of-work system.

### How it works

Users interact with Qubic by deploying smart contracts (introduced via Dutch auctions where anyone can bid for shares), holding and transacting $QUBIC tokens via official web or mobile wallets, or participating in mining.

## Metrics

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

- [Price](https://tokenterminal.com/explorer/projects/qubic/metrics/price)
- [Fully diluted market cap](https://tokenterminal.com/explorer/projects/qubic/metrics/market-cap-fully-diluted)
- [Circulating market cap](https://tokenterminal.com/explorer/projects/qubic/metrics/market-cap-circulating)
- [Token trading volume](https://tokenterminal.com/explorer/projects/qubic/metrics/token-trading-volume)
- [Token turnover (fully diluted)](https://tokenterminal.com/explorer/projects/qubic/metrics/token-turnover-fully-diluted)
- [Token turnover (circulating)](https://tokenterminal.com/explorer/projects/qubic/metrics/token-turnover-circulating)
- [Circulating supply](https://tokenterminal.com/explorer/projects/qubic/metrics/token-supply-circulating)
- [Core developers](https://tokenterminal.com/explorer/projects/qubic/metrics/active-developers)
- [Code commits](https://tokenterminal.com/explorer/projects/qubic/metrics/code-commits)

## Links

- [website](https://qubic.org)
- [twitter](https://twitter.com/_Qubic_)
- [github](https://github.com/qubic)