Octra is an FHE L1 network designed to enable "privacy on demand" for both instituionals and regular users. It leverages a unique dual consensus mechanism, powered by HFHE and the hybridPoUW consensus mechanism, to deliver private smart contract execution while retaining access to users’ own data.
$OCT is a utility token of the Octra crypto platform, designed to power transactions across the network.
According to CoinLaunch research, the project has raised $8M from private investors, the Echo launchpad. On April 14, 2026, it has launched a Uniswap CCA ICO, aiming to raise yet undisclosed amount of funds.
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Octra Labs is a privacy-focused blockchain infrastructure built by former VK (Vkontakte) and Telegram team members. It aims to enable private transactions and smart-contract execution using Fully Homomorphic Encryption (FHE) technology.
The network is powered by a pioneering dual-consensus mechanism: Hypergraph FHE (HFHE) and the hybrid Proof-of-Useful-Work (PoUW) consensus. HFHE allows Octra blockchain to run arbitrary logic on any type of data that becomes encrypted once it enters the network, while PoUW validates and executes transactions using a hybrid PoS-and-PoW model.
The company offers two products serving different purposes:
In this way, Octra FHE protocol enables both users and organizations to leverage the full benefits of blockchain technology while avoiding critical data leakage.
Octra token: According to the Octra Labs litepaper, its native $OCT token powers transactions and confidential computations within the Octra ecosystem. The project states that $OCT is not an “investment, security, or financial instrument” and does not offer ownership, dividends, or voting rights. The original $OCT ICO on Sonar launchpad (18-25 December 2025, targeting $20M at $200M FDV) was postponed and replaced by the current live Uniswap CCA auction for 10% of total supply (100 million $OCT tokens), running until 20 April 2026 with market-driven pricing and no fixed raise target.
Considering the latest developments, the CoinLaunch team conducted a comprehensive research on the Octra crypto project and found the most notable its pros and cons:
✅ Octra pros:
❌ Octra cons:
<a href="https://coinlaunch.space/projects/octra-labs/" title="Octra Labs (OCT)" target="_blank"><img src="https://coinlaunch.space/media/widgets/0/octra-labs.png" width="224" alt="Octra Labs (OCT)"></a>