Token

Midnight (NIGHT) price today

Midnight is a data privacy blockchain created in the Cardano ecosystem that uses zero-knowledge proofs to disclose only what is necessary; NIGHT is the network's token.

Midnight price now

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Market data source: CoinGecko, with a reference USD/BRL rate. Values can lag by a few minutes.

What is Midnight?

Midnight was developed by companies linked to Cardano founder Charles Hoskinson and works as a partner network of that blockchain. The NIGHT token reached the market in December 2025.

Its aim is what the project calls rational privacy: applications can keep data confidential while proving to regulators or partners that they comply with certain rules.

How Midnight works

The network uses two elements. NIGHT is the public token, used for governance and network security. Holders continuously generate a resource called DUST, which cannot be transferred and is used to pay for shielded transactions.

A large share of supply was distributed for free to holders of other cryptocurrencies, with release in stages over several months.

What NIGHT is used for

  • Generating DUST to pay for transactions on the network.
  • Taking part in network governance and security.
  • Applications that need data confidentiality with selective disclosure.

Risks and points of attention

  • A new network with an application ecosystem still forming.
  • Gradual release of freely distributed tokens increases circulating supply.
  • Privacy technologies attract regulatory attention, even with selective disclosure mechanisms.
  • The two-resource model is unusual and harder to assess.

Key facts

SymbolNIGHT
Asset typeToken
Launch2025-12
NetworkToken issued on Cardano; Midnight's own network

Reference data checked on October 3, 2026 against CoinGecko and the project's official pages.

Frequently asked questions about Midnight

What is the difference between NIGHT and DUST?

NIGHT is the tradable token. DUST is a resource generated by NIGHT holders, used to pay for transactions, which cannot be transferred or sold.

Is Midnight a privacy coin like Monero?

Not exactly. The NIGHT token is public. Privacy applies to application data, with the option to disclose specific information when needed.

How are Midnight and Cardano related?

Midnight is a partner network of Cardano, created by companies linked to the same founder, and the NIGHT token was originally issued on Cardano.

Where does the Midnight price on this page come from?

The panel shows the NIGHT price in US dollars and Brazilian reais, with change, volume and market capitalization. Data comes from CoinGecko, uses a reference exchange rate and can lag by a few minutes.