STEEM
$0.07
Steem (STEEM) Price
$0.07
Steem (STEEM) Price Today
The live price of Steem is 0.07 USD. In the past 24 hours, the trading volume of Steem was 6,343,197.31 USD, down by -4.37%. The current price has decreased by -1.90% from its 7-day high of 8.19 USD, and increased by 0.06% from its 7-day low of 0.06 USD. With a circulating supply of 536,551,687.34 Steem, the market cap of Steem is currently 68,495,909.00 USD, down by 0% in the last 24 hours. Steem currently ranks #773 by market capitalization among cryptocurrencies.
Steem (STEEM) Market Data
Market Cap
$40.9M
24h Volume
$6.3M
Circulating Supply
536.5M STEEM
Maximum Supply
--
Fully Diluted Market Cap
$40.9M
Liquidity Indicator
15.49%
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About Steem (STEEM)
How can I buy Steem (STEEM)?
You can buy Steem (STEEM) on supported CEXs, DEXs, or crypto wallets, although it is not yet listed on BingX. See our How to Buy Steem guide for details. Sign up with BingX to trade STEEM first when it goes live.
What Is Steem (STEEM) and How Does It Work?
Steem is the foundational token of the Steem blockchain, a delegated proof-of-stake platform pioneered for decentralized content creation and curation, enabling users to earn rewards for posting and voting on social media applications like Steemit. Launched in 2016, it employs a unique Proof-of-Brain mechanism where daily inflation is distributed based on curation quality, with STEEM convertible to vested Steem Power for voting influence or stable Steem Dollars. The network supports fee-free transactions and fast settlements, fostering a creator economy with applications for blogging, communities, and tokenized content.
When Did Steem Launch?
Steem was launched on March 24, 2016, by founders Ned Scott and Dan Larimer as the first blockchain dedicated to incentivized social content creation using delegated proof-of-stake. The flagship Steemit application followed in July 2016, marking early adoption in blockchain social media. The platform experienced significant growth phases and a 2020 hard fork resulting in the Hive chain split, with ongoing development in 2025 focusing on content tools and reward efficiency, maintaining an active user base by December 2025.
What Are the Key Features of Steem?
Steem utilizes delegated proof-of-stake with 21 elected witnesses for efficient consensus, distributes rewards through a Proof-of-Brain model allocating 75% to authors and 25% to curators, provides fee-free transactions for accessibility, and supports vesting via Steem Power for enhanced voting weight. It includes Steem Dollars for USD-pegged stability, Smart Media Tokens for custom applications, and robust governance mechanisms, all within a scalable framework that prioritizes creator monetization and censorship resistance.
What Is STEEM Used For?
STEEM is employed for powering up to Steem Power to increase curation rewards and voting influence, converting to Steem Dollars for stable value holding, funding promoted content or resource allocation, delegating to witnesses for network security, and earning from content creation and curation activities within the daily reward pool.
What Is the STEEM Token Utility?
STEEM secures the network through delegated staking to witnesses, drives curation rewards and governance influence via vested Steem Power, enables stable value storage with Steem Dollars, captures economic activity from reward distributions, and supports platform growth through community-funded promotions and developments.
What Blockchain Does Steem Operate On?
Steem operates as a sovereign blockchain utilizing delegated proof-of-stake consensus with the Graphene toolkit for high throughput and scalability, supporting social applications natively without external dependencies.
What Are STEEM Tokenomics?
STEEM features controlled inflation historically around 9.5% annually (declining over time) to fund content rewards, with approximately 534 million tokens in circulation as of December 2025. The distribution prioritizes the reward pool for creators and curators, with vesting mechanisms in Steem Power encouraging long-term commitment and reducing short-term speculation.
How To Securely Store STEEM
STEEM works with the most popular crypto wallets that support Steem-based assets. The easiest way to engage with STEEM 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 Steem Keychain and Vessel along with other major Steem-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 Steem ecosystem. By adding the Steem network and importing the STEEM token, users can enjoy secure and seamless access to all platform utilities and rewards.
Is STEEM a Good Investment?
Steem represents an established pioneer in blockchain-based social content rewards with delegated proof-of-stake efficiency and a mature creator economy model. As of December 2025, approximately 534 million tokens are in circulation, supporting a stable but lower-volume market reflecting its legacy status post-2020 fork. While it maintains advantages in censorship resistance and reward distribution, adoption has moderated compared to newer socialFi platforms. Investors are encouraged to conduct their own research and evaluate alignment with long-term content monetization trends.
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Steem (STEEM) Price Converter
- STEEM to USD1 STEEM = $ 0.07
- STEEM to VND1 STEEM = ₫ 1,980.63
- STEEM to EUR1 STEEM = € 0.06
- STEEM to TWD1 STEEM = NT$ 2.38
- STEEM to IDR1 STEEM = Rp 1,271.52
- STEEM to PLN1 STEEM = zł 0.27
- STEEM to UZS1 STEEM = so'm 909.64
- STEEM to JPY1 STEEM = ￥ 11.92
- STEEM to RUB1 STEEM = ₽ 5.96
- STEEM to TRY1 STEEM = ₺ 3.25
- STEEM to THB1 STEEM = ฿ 2.36
- STEEM to UAH1 STEEM = ₴ 3.25
- STEEM to SAR1 STEEM = ر.س 0.28
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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.
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