CELO
$0.13

Celo (CELO) Price

$0.13
7D
1M
3M
1Y
All

Celo (CELO) Price Today

The live price of Celo is 0.13 USD. In the past 24 hours, the trading volume of Celo was 16,527,090.67 USD, down by -2.19%. The current price has decreased by -23.49% from its 7-day high of 9.82 USD, and increased by 0.12% from its 7-day low of 0.14 USD. With a circulating supply of 1,000,000,000.00 Celo, the market cap of Celo is currently 182,821,563.00 USD, down by 0% in the last 24 hours. Celo currently ranks #488 by market capitalization among cryptocurrencies.

Celo (CELO) Market Data

Market Cap
$78.3M
24h Volume
$16.5M
Circulating Supply
589.4M CELO
Maximum Supply
1B CELO
Fully Diluted Market Cap
$132.9M
Liquidity Indicator
21.09%
About
Rate
Leaderboard
FAQ

About Celo (CELO)

How can I buy Celo (CELO)?

You can buy Celo (CELO) on supported CEXs, DEXs, or crypto wallets, although it is not yet listed on BingX. See our How to Buy Celo guide for details. Sign up with BingX to trade CELO first when it goes live.

What Is Celo (CELO) and How Does It Work?



Celo is a mobile-first, carbon-neutral Layer-2 blockchain on Ethereum optimized for payments and DeFi accessibility, enabling smartphone users to transact with stablecoins like cUSD without complex wallets. Founded in 2017 by Rene Reinsberg (CEO), Marek Olszewski (CTO), and Sep Kamvar (CSO), former Stanford and MIT affiliates, it uses optimistic rollups with ZK fault proofs for scalability, allowing ERC-20 gas payments (e.g., USDC) and phone-number logins. The CELO token secures the network via Proof-of-Stake, governs via on-chain voting, and captures value through epoch rewards, with stablecoins backed by overcollateralized reserves for peg stability.

When Did Celo Launch?


Celo was founded in 2017 by Rene Reinsberg, Marek Olszewski, and Sep Kamvar, launching its incentivized testnet Baklava in December 2019 after Alfajores in July 2019, with mainnet activation on April 22, 2020 (Earth Day). The team raised $35 million across rounds, emphasizing financial inclusion. Key milestones include the August 2021 $100M DeFi grants program, September 2021 Crypto Mobile Hackathon, March 26, 2025 L2 mainnet activation on Ethereum, and December 10, 2025 Jello Hardfork for ZK proofs, achieving $1B+ TVL by late 2025.

What Are the Key Features of Celo?


Celo offers phone-number-based wallets for seamless onboarding, ERC-20 gas payments (USDC/cUSD) for intuitive transactions, optimistic rollups with ZK fault proofs for 1,000+ TPS scalability, and carbon-negative operations via offsets. It supports stablecoins with programmatic reserves for 1:1 pegs, 5-8% staking yields through dynamic emissions, on-chain governance for upgrades, bridges to Ethereum/Cosmos for interoperability, and developer tools like Plumo for light clients, enabling accessible DeFi, remittances, and RWAs in emerging markets.

What Is CELO Used For?


CELO is used for staking to secure validators and earn epoch rewards, paying underlying gas fees (abstrtable via stablecoins), voting on governance proposals for protocol changes, providing liquidity in DeFi pools for yields, bridging assets to Ethereum L1, and accessing incentives like grants from the $100M DeFi program for builders.

What Is the CELO Token Utility?


CELO secures the network through Proof-of-Stake delegation and slashing, powers governance with quadratic voting on upgrades and reserves, captures value via dynamic rewards tied to participation (targeting 5-8% APY), incentivizes stablecoin stability through overcollateralization, and funds ecosystem growth via treasury allocations for grants and integrations.

What Blockchain Does Celo Operate On?


Celo is an Ethereum Layer-2 rollup using optimistic sequencing with ZK fault proofs for settlement, fully EVM-compatible for dApp portability, and enhanced by light-client bridges to L1 while supporting Cosmos interoperability for cross-chain stablecoin flows.

What Are CELO Tokenomics?


CELO has a fixed maximum supply of 1 billion tokens, with approximately 700 million circulating as of December 2025 following gradual emissions. Allocation: 40% community rewards and grants, 30% ecosystem fund, 15% team (vested), 10% liquidity, 5% investors; dynamic inflation (0-20% annually, adjusted by staking ratio) funds rewards, with burns from fees promoting deflationary balance.

How To Securely Store CELO


CELO works with the most popular crypto wallets that support EVM-based assets. The easiest way to engage with CELO is through BingX Spot Market where users can buy, sell, and hold tokens securely without managing private keys or additional wallet setups. This approach offers exchange-level security, a custodial wallet service, and instant trading access, making it convenient for new and experienced users alike. This token is also compatible with leading self-custody wallets such as MetaMask and Trust Wallet along with other major EVM-compatible wallets and hardware options like Ledger. These wallets give users full control over their private keys and allow direct participation in decentralized applications, platform features, staking, governance, and cross-network transactions within the Celo ecosystem. By adding the Celo network and importing the CELO token using its contract address, users can enjoy secure and seamless access to all platform utilities and rewards.

Is CELO a Good Investment?


Celo advances mobile-first DeFi with Ethereum L2 scalability, stablecoin gas abstraction, and carbon-neutral operations, featuring a 1B capped supply and dynamic emissions for 5-8% yields amid $1B+ TVL growth. As of December 2025, 700M circulating tokens support a $500M market cap, bolstered by the March 2025 L2 migration and Jello Hardfork, though it competes with Polygon for emerging-market adoption and faces stablecoin regulatory risks. Its focus on financial inclusion and strong grants program provide resilience; a solid mid-cap for payments/DeFi exposure, with thorough due diligence recommended.

Info Source

Official WebsiteWhitepaper

New Cryptocurrencies and Listings

Explore newly-listed crypto assets on BingX and never miss the next opportunity.

New Cryptos

THQ/USDTTHQ
Coming Soon
MUSA/USDTMUSA
Coming Soon
IR/USDTIR
Coming Soon
SENTIS/USDTSENTIS
$0.3288
-3.60%
RAVE/USDTRAVE
$0.2982
-31.44%

Frequently Asked Questions about CELO (Celo)

How much is 1 CELO (Celo) worth?
What is the price prediction for CELO (Celo)?
What is the all-time high price of CELO (Celo)?
What is the all-time low price of CELO (Celo)?
How many CELO (Celo) are there in circulation?
What is the market capitalization of CELO (Celo)?
What affects the price of CELO (Celo)?
Disclaimer:
Price analysis and valuation are influenced by multiple factors, and theoretical projections do not guarantee that a token will reach a specific price level. The information provided is for informational purposes only and does not constitute investment advice. Investors should conduct their own research before making any financial decisions.
By accessing and using this platform, you agree to comply with our Terms of Use.
Trading cryptocurrencies and other financial instruments involves risks, including the potential for loss of funds. You should never trade more than you can afford to lose. Please be aware of the risks involved and seek independent financial advice if necessary.
For more detailed information, please refer to our Risk Disclosure Statement.