SATS (Ordinals) (CRYPTO: SATS) — Company Overview, News & Financial Data
SATS (Ordinals) is a Bitcoin-based BRC-20 token deployed via the Ordinals protocol on the Bitcoin blockchain.
SATS (Ordinals)
About
SATS (Ordinals) is a Bitcoin-based BRC-20 token deployed via the Ordinals protocol on the Bitcoin blockchain. Launched in March 2023, the token references satoshis, the smallest unit of Bitcoin, with a total fixed supply of 2.1 quadrillion units. Token minting and transfers are achieved by inscribing JSON data onto individual satoshis using the BRC-20 standard without smart contracts. Beyond functioning as a digital asset traded across decentralized indexers and centralized exchanges, the token is integrated into ecosystem infrastructure such as the UniSat wallet and indexer ecosystem, where it serves utility functions including transaction fee settlement.
Snapshot
Operations
Products and/or services of SATS (Ordinals)
- BRC-20 Token Protocol: Experimental token standard built on Bitcoin using Ordinals inscriptions, enabling the creation and transfer of fungible tokens through JSON text data embedded into individual satoshis without native smart contract support.
- Inscription Protocol Engine: Protocol component utilizing Bitcoin witness data storage to permanently record digital artifacts, token deployment data, and minting parameters directly on individual satoshis across the global mainnet blockchain.
- UniSat Infrastructure Integration: Decentralized swap and wallet infrastructure integration utilizing the BRC-20 token as a gas fee asset and primary pairing currency for swap operations across Bitcoin layer-1 and layer-2 indexers.
- Secondary Indexer Network: Distributed off-chain indexer architecture tracking Bitcoin transaction outputs, parsing BRC-20 JSON state changes, and maintaining accurate account balance states for wallets and applications without altering underlying consensus rules.
- Centralized Exchange Liquidity: Digital asset market integration providing spot trading pairs, margin products, and perpetual futures contracts across international cryptocurrency exchanges, facilitating secondary market liquidity, order-book execution, and cross-platform asset transfers.
- Bitcoin Layer-2 Ecosystem: Scalability and smart contract integration framework connecting BRC-20 tokens to secondary execution layers, enabling cross-chain bridging, decentralized financial applications, and lower-latency transaction processing directly anchored to Bitcoin.