Kyve
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KYVE is a Cosmos SDK-based Web3 data lake protocol for validating and permanently archiving blockchain data streams.
Also known as KYVE · KYVE Network
Investors · 6
Company profile
researched Aug 2026KYVE (KYVE Network) operates a decentralized "Web3 data lake" protocol that lets data providers standardize, validate and permanently store blockchain data streams. The protocol is built as a Cosmos SDK chain and writes archived data to permanent storage layers such as Arweave, with the stated aim of ensuring the scalability, immutability and long-term availability of blockchain datasets. Network participation is split between decentralized uploaders, which submit data, and validators, which verify it; both are incentivized with the native $KYVE token, and the project has stated an intention to operate as a DAO.
The network comprises three environments: the KYVE mainnet, where validated and archived data is intended for production use and where the live $KYVE token is used; Kaon, the official testnet that mirrors mainnet and is used to trial protocol upgrades and new data pools before deployment; and Korellia, the oldest official testnet, which hosted the incentivized testnet and has since been repurposed as a devnet. Testnets use a valueless $tKYVE token. The project maintains a web app, block explorers (including Ping.Pub and Mintscan listings), public RPC and REST endpoints, and developer documentation.
One data provider classifies KYVE as a private, Frankfurt-headquartered software development company founded in 2021 with roughly 12 employees, operating a B2B, usage-based model across blockchain infrastructure, decentralized storage, data governance and data integration verticals.
Business model
Per a third-party data provider, KYVE is categorized as a B2B business with a usage-based SaaS and services/consulting customer profile serving blockchain infrastructure needs. The protocol itself is token-incentivized: uploaders and validators that maintain data pools are funded and rewarded in $KYVE, which also underpins the intended DAO governance model. The sources do not detail contract pricing or revenue figures.
Sources describe token-based incentives for uploaders and validators funded by $KYVE, and a third-party profile characterizes the customer profile as usage-based. No revenue figures are disclosed in the available sources.
Traction
Public traction evidence is limited to token-market data and third-party firmographics: a live mainnet with production-usable archived data, two additional networks (Kaon testnet and Korellia devnet), a completed incentivized testnet on Korellia, token trading on venues including Gate, Osmosis and Uniswap V4 on Base, and an estimated headcount of about 12. One data provider recorded a 33% month-over-month increase in monthly website visitors in May 2026.
Latest developments
As of August 2026, market data sources show the KYVE token trading near $0.0017 with a market capitalization of roughly $2.07M and 24-hour volume of about $24,000, roughly 99% below its January 2024 peak and shortly after an all-time low set in June 2026. Documentation continues to list an operating mainnet plus the Kaon testnet and Korellia devnet.
▸Full profile — market position, technology, go-to-market, geography, history, risks & controversies
Market position
Market-data listings rank the KYVE token around #2250 by market capitalization with a market cap of roughly $2.07M and thin daily trading volume in the tens of thousands of dollars, well below its January 2024 all-time high. A third-party comparables analysis places KYVE alongside blockchain data indexing and query projects such as SubQuery, The Graph and Covalent.
Sources describe KYVE's distinguishing features as the creation of permanent, verifiable backups of blockchain data via its own Cosmos SDK chain combined with permanent storage layers such as Arweave, and a decentralized uploader/validator architecture that contrasts with centralized or traditional data storage and indexing services.
Technology
A Cosmos SDK-based layer-1 chain coordinates data pools in which decentralized uploaders submit blockchain data streams and validators verify them, with finalized data written to permanent storage such as Arweave. The stack includes mainnet plus the Kaon testnet and Korellia devnet, each with its own web app, Ping.Pub explorer, RPC and REST endpoints. The token is also represented across chains, with listings referencing IBC representation on Osmosis and a contract on Base.
Go-to-market
Sources indicate a developer- and ecosystem-led approach: public documentation, open-source code on GitHub, community channels (Discord, Telegram, Reddit, X, YouTube, blog), an incentivized testnet on Korellia to bootstrap network participants, and token distribution across centralized and decentralized exchanges.
Developers, blockchain networks and Web3 projects that need standardized, validated and permanently archived blockchain data; a third-party profile characterizes the company as B2B, serving blockchain infrastructure, data integration and data governance use cases.
Geography
A third-party company profile lists Frankfurt, Germany as the headquarters. No other offices or regional operations are described in the sources.
History
A third-party profile gives a founding year of 2021 and lists successive financing events in 2021 and 2022. Market-data commentary notes that KYVE secured backing from crypto venture investors and blockchain foundations, and that the network progressed from an incentivized testnet on Korellia to a live mainnet with a Kaon testnet. The KYVE token reached an all-time high of $0.1743 in January 2024 and an all-time low of $0.0007346 in June 2026.
Risks & controversies
Publicly visible risk factors are financial and market-related: the token trades roughly 99% below its all-time high, set a new all-time low in June 2026, and has very thin liquidity (about $24,000 in 24-hour volume across four exchanges and five markets), with market capitalization near fully diluted valuation. Funding and valuation figures available in the sources come only from a secondary-market data aggregator rather than primary announcements, so they are unverified.
Compiled by commissioned research from 5 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
▸Research sources · 5
primary sources listed
5 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Kyve do?
- KYVE is a Cosmos SDK-based Web3 data lake protocol for validating and permanently archiving blockchain data streams.
- Who are Kyve's investors?
- Kyve's investors include Cerulean Ventures, Coinbase Ventures, D1 Ventures, Flori Ventures, IOSG Ventures, Lemniscap.