$DUSK 24 Hours surged 4.16% to 0.08 USD. It’s been grinding along at a line. But yesterday, @DuskFoundation openly connected the EVM side and the token line of this chain. This is the first time since the launch that the official messaging has put “applications running” and “tokens actually being used” in the same sentence.
For more than five weeks before that, what this chain talked about was compatibility with the Solidity tool stack, a privacy layer in the EVM that can be configured on demand, Chain ID 744 mainnet is already live, and Foundry’s dev framework is directly aligned with mainnet interfaces—everything from the “it can run” dimension. But “it can run” doesn’t mean there’s real usage. Usage never made it to the token side; on-chain activity and the token were two separate skins.
On 9-18, this post is different. @Dusk called it out directly: token contract deployment, token user transactions, token network fees, token staking. Every time one more application runs on-chain, there’s added demand on the token side. They laid out the product revenue path from the long post in August (Dusk Trade takes fees, buybacks, burns, and allocations from the application layer), while also pushing the developer barrier question from “can you write it?” to “after you write it and deploy once, how many tokens will it burn?”
For Solidity developers, what’s most valuable about this chain isn’t the EVM compatibility—there’s just too much competition along that path. What’s valuable is the privacy shield that the privacy layer adds to the contract layer on demand: the order book can be obfuscated, balances can be hidden, ownership can be encrypted, but the interface that regulators need to see is enabled on demand. You don’t have to build your own zero-knowledge circuits—just call it directly. Combined with the application-layer asset pool of €300M that they started talking about in August, and with the cross-chain data stack connected in September, the apps on this chain aren’t “building DeFi demos”—they’re “building compliant financial infrastructure.” The market ceiling for those two things differs by an order of magnitude.
For the first time, the official logic chain made everything clear: developers come in → contract deployment consumes tokens → on-chain transaction activity increases → transaction fees keep eating tokens → the product side (trading platform / identity layer / privacy layer) generates revenue → revenue feeds back into the token side. This is the first time since Dusk’s chain launch that the official has given a complete answer to the question: “Are tokens worth holding?”
There’s only one question worth watching next: what industry will be the next project to deploy contracts on mainnet?
#dusk #DuskEVM #Where is the token used