PLUME Description
Overview
Plume (PLUME) is the native token of Plume Network, an EVM-compatible Layer-1 blockchain purpose-built for real-world-asset finance ("RWAfi"), built on Arbitrum's ArbOS, Nitro, Orbit, and Stylus technology stack.
The chain combines a tokenization engine, compliance and regulatory tooling, RWA data normalization, and native DeFi primitives such as lending, yield, and derivatives. PLUME is deployed as an ERC-20 token on Ethereum mainnet, where it is actively traded, with a secondary, lower-volume implementation on BNB Smart Chain. As of 2026-09-02, PLUME trades at approximately $0.014.
Value Proposition
Plume differentiates itself by bundling tokenization, regulatory compliance, and DeFi infrastructure natively into one purpose-built chain rather than layering RWA products onto general-purpose smart contracts.
On October 6, 2025, the U.S. Securities and Exchange Commission approved Plume as a registered transfer agent for tokenized securities, letting it manage shareholder records, trades, and dividends on-chain — a regulatory status few competing chains hold. Plume's Q3 2025 investor update reported roughly $645 million in tokenized real-world assets on the chain, distinct from its DeFi TVL of about $6.56 million.
Token Basics
PLUME functions as both a utility and governance token under Plume Network's published token-utility model.
- Pays gas fees for transactions on Plume Network
- Staked or delegated to validators to secure the chain under a Delegated Proof-of-Stake model
- Used to participate in governance through validator delegation, with holders able to redelegate if a validator's positions diverge from their own
- Powers ecosystem incentive programs
Staked PLUME is subject to a 21-day unstaking cooldown period.
Tokenomics
PLUME has a fixed maximum supply of 10,000,000,000 tokens, of which 6,394,026,052 (about 64%) were circulating as of 2026-09-02.
- Allocation: Ecosystem 39%, Investors/Early Backers 21%, Core Contributors 20%, Foundation Treasury 13%, Community Airdrop 7%
- Approximately 20% of total supply was circulating at the token generation event, with the remainder unlocking through ongoing vesting
- Market cap: approximately $89.4 million; fully diluted valuation: approximately $139.96 million
- All-time high: $0.24830044; current price is roughly 94.35% below that level
Net token emission is inflationary as vested allocations continue to unlock toward the fixed total supply.
Launch & Funding
Plume Network was founded in 2024, ahead of the PLUME token's deployment.
- Seed round: $10 million, led by Haun Ventures and Galaxy Ventures, announced May 2024
- Series A: $20 million, announced December 18, 2024, with Brevan Howard Digital, Haun Ventures, Galaxy Ventures, Lightspeed Faction, HashKey, Nomura's Laser Digital, and others participating
- PLUME ERC-20 contract deployed on Ethereum on 2024-08-07, ahead of a January 21, 2025 Token Generation Event on Bybit, Bitget, KuCoin, and Gate
- Binance listed PLUME on August 18, 2025, following a 150-million-PLUME HODLer Airdrop
Total disclosed funding across both rounds is approximately $30 million.
Blockchain & Consensus
Plume Network operates its own EVM-compatible Layer-1 blockchain, built on Arbitrum's ArbOS, Nitro, Orbit, and Stylus technology stack, secured through Delegated Proof-of-Stake.
PLUME holders stake or delegate tokens to validators, who run nodes and act as representative governance delegates on their behalf. The PLUME token used for active trading is deployed as an ERC-20 contract on Ethereum mainnet, with a secondary, much lower-volume implementation on BNB Smart Chain.
Team
Plume Network was founded in 2024 by Chris Yin (CEO), Eugene Y Q Shen (Co-Founder and CTO), and Teddy Pornprinya (Co-Founder), with the company based in New York City.
Investors and backers include Haun Ventures, Galaxy Ventures, Brevan Howard Digital, Lightspeed Faction, Superscrypt, HashKey, Nomura's Laser Digital, A Capital, 280 Capital, SV Angel, and Reciprocal Ventures.
Issuing Organization
Plume Network, a for-profit blockchain infrastructure company founded in 2024 and based in New York City, develops and maintains the Plume chain today.
The company describes its mission as building "the first RWAfi Layer 1," combining a tokenization engine, compliance and regulatory tooling, RWA data normalization, and native DeFi primitives in one stack. Its regulatory standing was reinforced on October 6, 2025, when the SEC approved Plume as a registered transfer agent for tokenized securities.
Governance
Plume's governance relies on Delegated Proof-of-Stake: PLUME holders delegate tokens to validators, who act as governance delegates, and can redelegate if a validator's positions diverge from their own.
Roadmap
- August 14, 2026: Shinhan Asset Management (South Korea) signed an MOU with Plume Network for a proof-of-concept won-denominated tokenized fund
- December 3, 2025: Plume launched on Circle's Arc testnet and was added to Coinbase's public listing roadmap
- November 2025-March 2026: Plume's Nest vault/points program reportedly drew over 85,000 wallets and approximately $20 million in incremental TVL
- May 26, 2025: Plume met with the SEC's Crypto Task Force alongside Nasdaq and Etherealize to discuss securities tokenization
Security
Plume's staking contracts were audited by both OtterSec and Immunefi, with reports published on Plume's GitHub; no completion dates are stated.
- Arbitrum's team audited the underlying Plume Chain and data-availability layer
- LayerZero Labs audited multi-chain interoperability components
- Nucleus/Ion Protocol audited cross-chain yield infrastructure
- CertiK, which has not itself audited Plume, assigns it a security score of 87.58 (AA rating)
As of 2026-09-02, the top 10 wallets hold about 64% of circulating supply, and Plume's DEX liquidity risk relative to peers is rated high.
Frequently Asked Questions
What is Plume (PLUME)?
Plume (PLUME) is the native token of Plume Network, an EVM-compatible Layer-1 blockchain built for real-world-asset finance (RWAfi). Built on Arbitrum's ArbOS, Nitro, Orbit, and Stylus stack, it combines tokenization, compliance tooling, and native DeFi primitives. PLUME trades as an ERC-20 on Ethereum mainnet, priced at approximately $0.014 as of 2026-09-02.
Is PLUME a governance token or a utility token?
PLUME is both. Holders use it to pay gas fees on Plume Network, stake or delegate to validators under a Delegated Proof-of-Stake model to secure the chain, and participate in governance through validator delegation, with a 21-day unstaking cooldown applying to staked tokens.
What is Plume's total and circulating supply?
Plume has a fixed maximum supply of 10,000,000,000 PLUME tokens. As of 2026-09-02, approximately 6,394,026,052 tokens (about 64%) were circulating, up from roughly 20% at the January 2025 token generation event, as vested allocations to investors, contributors, and the ecosystem continue to unlock.
When did PLUME launch and how much funding did the project raise?
The PLUME token generation event occurred January 21, 2025, on Bybit, Bitget, KuCoin, and Gate; Binance listed it August 18, 2025. Plume Network raised a $10 million seed round in May 2024 and a $20 million Series A in December 2024, totaling roughly $30 million in disclosed funding.
Which blockchain does Plume run on?
Plume Network operates its own EVM-compatible Layer-1 chain, built on Arbitrum's ArbOS, Nitro, Orbit, and Stylus stack, secured by Delegated Proof-of-Stake. The PLUME token used for active trading is deployed as an ERC-20 contract on Ethereum mainnet, with a secondary, lower-volume implementation also existing on BNB Smart Chain.
Who founded Plume Network?
Plume Network was founded in 2024 by Chris Yin (CEO), Eugene Y Q Shen (Co-Founder and CTO), and Teddy Pornprinya (Co-Founder), based in New York City. Backers include Haun Ventures, Galaxy Ventures, Brevan Howard Digital, Lightspeed Faction, HashKey, and Nomura's Laser Digital, among others.
Has Plume Network been audited?
Yes. Plume's staking contracts were audited by OtterSec and Immunefi, with reports published on its GitHub. Adjacent infrastructure was reviewed by the Arbitrum team, LayerZero Labs, and Nucleus/Ion Protocol. CertiK, which has not audited Plume directly, gives it a security score of 87.58 with an AA rating.
What is Plume's SEC transfer agent approval?
On October 6, 2025, the U.S. Securities and Exchange Commission approved Plume Network as a registered transfer agent for tokenized securities. This allows Plume to manage shareholder records, trades, and dividends on-chain and link cap-table data to DTCC systems, a notable regulatory milestone for the project.
