NIGHT is the native utility token of the Midnight blockchain - a privacy-focused sidechain built on Cardano. This guide explains what NIGHT is, how it works, and why it's unique in the crypto space.
NIGHT is the native utility token of Midnight, a privacy-focused blockchain that operates as a sidechain of Cardano. Midnight was developed by Input Output Global (IOG), the same team behind Cardano.
What makes NIGHT unique is its non-expendable nature. Unlike most cryptocurrencies where you spend tokens for transaction fees (like ETH for gas), NIGHT is never consumed. Instead, holding NIGHT automatically generates DUST - a renewable resource used to pay for Midnight transactions.
This innovative mechanism means your NIGHT balance never decreases from using the network, providing predictable costs regardless of NIGHT price volatility.
Simply holding NIGHT in your wallet starts the DUST generation process. No staking or locking required.
DUST accumulates automatically over time. More NIGHT = more DUST generation.
DUST pays for privacy-preserving transactions on Midnight. It's a shielded resource for confidential operations.
Your NIGHT balance never decreases. It keeps generating DUST indefinitely.
Midnight is a privacy-focused blockchain built as a sidechain of Cardano. It enables developers to build applications that protect sensitive data while still allowing regulatory compliance.
Key features of Midnight:
NIGHT is the fuel that powers this privacy ecosystem through its DUST generation mechanism.
NIGHT generates DUST, which pays for transactions on the Midnight blockchain. Holding NIGHT gives you ongoing access to the Midnight network.
NIGHT exists natively on both Cardano and Midnight. On Cardano, you can trade NIGHT on DEXs through DexHunter.
NIGHT is the token; Midnight is the blockchain. NIGHT powers the Midnight network by generating DUST for transaction fees.
You can buy NIGHT on Cardano DEXs through DexHunter, or claim from the Glacier Drop airdrop if eligible.
NIGHT and Midnight were developed by Input Output Global (IOG), the same company that built Cardano.
Get the best NIGHT prices across 10+ Cardano DEXs. DexHunter automatically finds optimal rates for buying NIGHT.
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