ILITY (ILY) is a token deployed as an ERC-20 asset on the Base blockchain, supporting a cross-chain identity and privacy verification platform called ILITY Hub. ILITY Hub provides portfolio aggregation across multiple blockchains, privacy-preserving wallet verification using zero-knowledge proofs, transaction-embedded social posts, and cross-chain bridge and decentralized-exchange functionality. The token was deployed on Base on April 3, 2026.
ILITY aims to give users a single, privacy-preserving way to verify identity and activity across multiple blockchains using zero-knowledge proofs, rather than exposing wallet data on each chain separately. In 2026 the project expanded this positioning to include infrastructure for an "AI agent economy," including on-chain identities for autonomous agents, machine-to-machine payment settlement, and a cross-service reputation system.
ILY is the native token of ILITY, an ERC-20 asset on Base with contract address 0x90Eb0e291e9d78a96bfe423b8e616a02c4838cf0 and 18 decimals. The project's official website is ility.xyz.
ILY has a fixed total and maximum supply of 1,000,000,000 tokens, with 0% ongoing inflation. Approximately 272.5 million ILY, or about 27.25% of total supply, were in circulating supply as of a recent snapshot. Token allocation is divided among Rewards (26%), Operations (20%), Marketing (18%), Team & Advisors (15%), Dev Fund (9%), Community (8%), and Sales (4%). Market capitalization was about $97.3 million against a fully diluted valuation of roughly $357 million.
ILITY raised $2 million in a seed round at a $21 million valuation, co-led by Animoca Brands and Duck DAO. It later raised an additional $1 million in an institutional round led by Archer Capital and TBV, announced around July 18, 2026, to fund expansion into AI-agent-economy infrastructure. Other listed backers include x21, VEGA Ventures, and UZ Capital. ILY began trading on the Bitget exchange on May 15, 2026.
ILY is issued as an ERC-20 token on the Base blockchain rather than on an independent network. The project's marketing separately describes a planned, EVM-compatible layer-1 network called ILITY Network, intended to eventually host the token, though it has not launched as an independent mainnet.
ILITY's development team is described in project materials as focused on building privacy-preserving blockchain infrastructure. The project communicates publicly under the ILITY Foundation brand through its X account, @ILITYfndn.
ILITY is operated by an entity that identifies itself as ILITY Network, registered under the laws of the Republic of Seychelles. The project's website lists a legal entity ID of 1363199 and a support contact of [email protected]. Public communications and token issuance are branded as ILITY Foundation.
ILY token holders are described as able to participate in governance decisions covering protocol upgrades, validator policies, and ecosystem development.
In 2026, ILITY expanded its focus to include infrastructure for an "AI agent economy" on top of its original cross-chain identity and privacy positioning. This expansion was partly funded by a $1 million round led by Archer Capital and TBV, and adds on-chain identities for autonomous AI agents, machine-to-machine payment settlement, and a cross-service reputation system.
ILITY underwent a CertiK security audit requested on February 9, 2026 and delivered on June 18, 2026, covering two smart contract files using manual review and static analysis. The audit identified one centralization issue, marked as acknowledged rather than resolved, and one minor logical issue that was resolved, with no critical, major, or medium-severity findings. On-chain data shows the ten largest holder addresses control about 99.84% of total supply, a concentration that may include treasury, vesting, or liquidity-pool contracts rather than only individual wallets.