ORE Mining Token
Mining token on Solana where miners deploy SOL to rounds to earn ORE and SOL rewards.
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ORE key facts
| Category | DePIN network |
|---|---|
| Chains | Solana |
| Platforms | Web |
| Token | ORE |
| Fees | 1% admin fee on deployed SOL; 10% refining fee on unrefined ORE claims |
| Chains | Solana |
| Open source | Yes, public GitHub repository |
ORE token
- Price
- $108 -1.9% 24h
- Market cap
- $56.2M
- Fully diluted value
- $56.2M
- 30-day change
- +3.8%
Market data: CoinGecko, updated Nov 10, 2026. Educational content, not financial advice.
What is ORE?
ORE is a mining token on Solana, described by its team as hard money for the digital age. Its open-source program runs mining rounds: miners deploy SOL to claim space on a board and claim ORE and SOL rewards. The program sets a 1% admin fee and uses treasury SOL for buy-and-bury transactions.
How ORE works
ORE mining runs in rounds on a board of 25 squares.
Miners call the Deploy instruction to put SOL on one or more squares, and a round starts with its first deploy. When the round ends, the Reset instruction samples a slot hash for randomness and picks one winning square. The program takes a 1% admin fee from the SOL on every square and 10% of the remaining SOL on losing squares for the treasury; the rest is returned to miners on the winning square.
Each round mints 1 ORE for the winning square. With 1-in-2 odds it is split among everyone on that square; otherwise a single top miner, sampled in proportion to the SOL each deployed there, takes it all. Another 0.2 ORE per round goes into a motherlode pool that pays out with 1-in-500 odds. Treasury SOL is used for buy-and-bury transactions routed through Jupiter's swap program.
Mined ORE is claimed with ClaimORE and SOL winnings with ClaimSOL. Claims of unrefined ORE pay a 10% refining fee, which is shared among other miners who have not yet claimed as refined ORE. Automations let you pre-fund a strategy that deploys for you each round, and third-party executors under the DiscretionaryBps strategy can charge up to 100 bps (1%) of the SOL they deploy.
How to start with ORE
- You need a Solana wallet holding SOL, since every deploy is a Solana transaction signed by your wallet.
- The regolith-labs/ore GitHub repository is the technical reference: it lists every instruction, state account and program constant, including the mint address.
- Developers can build and test the program locally with the Solana toolchain using cargo test-sbf.
ORE fees and limits
- Each round, you pay a 1% admin fee on all the SOL you deploy, and if your squares lose, 10% of that SOL after the admin fee goes to the treasury.
- Claiming mined ORE costs 10% of the unrefined amount.
- Bots that checkpoint your account earn 0.00001 SOL, auto-compounding pays 7,000 lamports per transaction, and a third-party automation executor can take up to 1% of deployed SOL per round.
Risks to know before using ORE
- Deploying SOL is a wager.
- In each round only one of 25 squares wins, and most of the SOL on the other 24 goes to the winners.
- Admin keys also matter: SetAdmin, SetFeeCollector and SetFeeRate let the admin reassign authority, redirect fees and change the fee rate, and a separate bury authority controls the buy-and-bury and wrap instructions.
- The repository README links no audit report.
- Security issues go through GitHub's private advisory form, with replies typically within 72 hours according to SECURITY.md.
- Winner selection is still changing: a January 13, 2026 changelog added a dry-run check of the backend-computed top miner that logs mismatches without blocking the round.
ORE usage
From DefiLlama (fees users paid), updated Nov 10, 2026.
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ORE pros and cons
- Program source code is public on GitHub
- Rewards paid in both ORE and SOL
- Buy-and-bury mechanism coded into the program
- 1% admin fee set in the program constants
- Admin can change the fee rate and fee collector
- Official site is a JavaScript app with no readable docs page
ORE FAQ
What is ORE?
ORE is a mining token on Solana, described by its team as hard money for the digital age. Its open-source program runs mining rounds: miners deploy SOL to claim space on a board and claim ORE and SOL rewards. The program sets a 1% admin fee and uses treasury SOL for buy-and-bury transactions.
Which chains does ORE support?
Solana.
How much does ORE cost?
1% admin fee on deployed SOL; 10% refining fee on unrefined ORE claims, according to ORE’s own page (checked Sep 26, 2026).
How much do users pay ORE in fees?
$4.3M over the last 30 days, according to DefiLlama on Nov 10, 2026.
Does ORE have a token?
Yes, ORE. Its market cap was $56.2M on CoinGecko on Nov 10, 2026. Educational content, not financial advice.
Sources
- ORE: official site
- ORE: GitHub repository
- ORE: Program constants (consts.rs)
- ORE: GitHub README
- ORE: Deploy instruction (deploy.rs)
- ORE: Reset instruction (reset.rs)
- ORE: Round state (round.rs)
- ORE: Miner state (miner.rs)
- ORE: DiscretionaryBps automation strategy
- ORE: Security policy
- ORE: Top miner verification changelog
- CoinGecko
- DefiLlama
How this page works
Sources: ORE: official site, ORE: GitHub repository, ORE: Program constants (consts.rs). Data as of Sep 26, 2026.
Not affiliated with any project listed. Educational content, not financial advice.