Helium protocol
Overview
Helium is a decentralized wireless network protocol (DePIN) that incentivizes individuals to deploy and operate wireless infrastructure (LoRaWAN for IoT, and CBRS 5G). It uses a proof-of-coverage consensus mechanism and runs on the Solana blockchain, with the HNT token used for network fees, governance, and rewarding hotspot operators.
Within the DeFi Intel graph, Helium connects to 1 tracked entity, most strongly to Solana.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 1 of 1 total).
| Relation | Connected entity | Confidence |
|---|---|---|
migrated_to_solana | Solana | 95% |
In-depth guides on Helium
Frequently asked questions
What is Helium?
Helium is a decentralized wireless network protocol (DePIN) that incentivizes individuals to deploy and operate wireless infrastructure, including LoRaWAN for IoT and CBRS 5G.
What blockchain does Helium run on?
Helium runs on the Solana blockchain, having migrated to Solana.
What is the HNT token used for?
The HNT token is used for network fees, governance, and rewarding hotspot operators.