About NuCypher

NuCypher is a decentralized threshold cryptography platform that provides data privacy, access control, and other cryptographic services to decentralized applications and protocols. The network currently supports threshold proxy re-encryption and is extensible to other threshold cryptography primitives like threshold signatures (TSS), distributed key generation (DKG), Shamir’s secret sharing (SSS), and proxy re-signing (PRS).

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NuCypher is a layer 2 resource allocation protocol on Ethereum that uses a Proof-of-Stake (PoS) mechanism to coordinate worker nodes.

NU is used for:

  • Staking to run a NuCypher worker node. Proper behavior is ensured via staking, with malicious nodes subject to slashing penalties.
  • Participating in the NuCypher DAO, which controls network parameters and smart contract upgrades. Users that are staking NU can validate DAO proposals.

NuCypher’s cryptographic libraries can be found on the project’s GitHub and include:

  • pyUmbral, the reference implementation of the Umbral threshold proxy re-encryption scheme
  • NuBLS, a threshold BLS signature library
  • rust-umbral, a Rust implementation of Umbral with bindings to JavaScript and Python

NuCypher Technical Details

Network

Blockchain
Ethereum

NuCypher FAQ

What is the price of NuCypher today?

As of Apr 7, 2026, NuCypher trades at $0.02.

What is the market cap of NuCypher?

NuCypher has a market capitalization of $0.

What is the 24-hour trading volume of NuCypher?

NuCypher has a 24-hour trading volume of $11,759.63.

What is the all-time high of NuCypher?

NuCypher reached an all-time high of $3.58, recorded on Oct 15, 2021. It is currently 99.44% below its all-time high.

What is the all-time low of NuCypher?

NuCypher recorded an all-time low of $0.02, recorded on Apr 2, 2026. It is currently 6.56% above its all-time low.

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