Cysic Network is a high-performance, permissionless protocol that accelerates ZK proof generation and verification using advanced hardware acceleration. It allows users to use their hardware, both powerful and less powerful, to contribute to the protocol and earn rewards from various ZK projects. The protocol uses a dual-token model, consisting of the network token $CYS and governance token $CGT.
Since February 17th, 2023, the project has raised a total of $18M in 2 investment rounds, with the latest being a $12M Pre-Series A funding Round led by HashKey Capital and OKX Ventures.
Please be aware that all information, including our ratings and reviews, is presented purely for educational purposes. CoinLaunch doesn’t provide financial advice, nor does it intend for the information to be perceived as investment advice or recommendations. Our project evaluation methodology encompasses 80+ distinct variables/metrics, refined over time through the team's rich 7-year experience.
Cysic Network is an EVM-compatible ZK-proof layer built on the Cosmos SDK focused on delivering a high-performance and cost-effective solution for ZK proof generation and validation. The protocol operates using the following technology stack:
To ensure instant finality and resilience, Cysic ZK employs the CometBFT algorithm, a BFT consensus mechanism ensuring instant finality and resilience against Byzantine faults. Network’s innovative Proof-of-Compute (PoC) model rewards provers and verifiers based on computational contributions, blending elements of PoW and PoS. Participants earn $CYS Tokens and Computing Governance (CG) credits, which can be staked to influence network consensus and governance. Find more info about Cysic blockchain infrastructure in its docs.
🪙 Cysic Token Model: Cysic operates on a dual-token model with $CYS being the native token of the network and $CGT being the governance token.
$CYS is used to pay transaction fees, block rewards, and other network-related activities. The native token can be converted into ve-tokens, granting eligibility for consensus participation and governance to uphold the integrity and security of the Cysic Network. Meanwhile, $CGT can be obtained by staking $CYS or completing computation tasks, while making the unstaking process longer than the staking one.
On July 29th, 2024, Cysic announced its Testnet launch with a complete overview of the Cysic node program installation and configuration. As of March 2025, Phase 2 has already ended as well. Yet, the project has already confirmed Phase 3 to be active in Q2, 2025.
Considering the upcoming Testnet Phase 3 and investments from Tier-1 Funds, our team completely analyzed the project, revealing several pros and cons:
✅ Cysic pros:
❌ Cysic cons:
No Roadmap.
<a href="https://coinlaunch.space/projects/cysic-network/" title="Cysic Network (CYS)" target="_blank"><img src="https://coinlaunch.space/media/widgets/0/cysic-network.png" width="224" alt="Cysic Network (CYS)"></a>