Track STEPN (GMT) — Live Price & Historical Data

What is STEPN?

STEPN is a Web3 move-to-earn (M2E) lifestyle application that rewards users with cryptocurrency for outdoor physical activity, tracked through GPS and phone motion sensors. The project was founded by Find Satoshi Lab, an Australia-based studio led by co-founders Jerry Huang and Yawn Rong, and launched in December 2021 after winning the Solana Ignition Hackathon earlier that year. While STEPN originally deployed on Solana, it has since expanded to BNB Chain and Ethereum, with GMT issued across multiple networks to broaden accessibility. The app operates a dual-token economy: Green Metaverse Token (GMT) functions as the governance and premium utility asset with a hard cap, while Green Satoshi Token (GST) is the uncapped in-game earning token minted through movement. Users must acquire NFT sneakers from the in-app marketplace to begin earning, with each sneaker carrying attributes such as Efficiency, Luck, Comfort, and Resilience that directly shape earning potential and durability. STEPN reached peak popularity in the first half of 2022, at one point reporting several million monthly active users and generating substantial revenue, before the broader crypto downturn and a controversial decision in May 2022 to ban mainland China IP addresses triggered a sharp decline in token prices and active wallets. Despite the contraction, STEPN remains one of the most recognizable move-to-earn projects and has continued to iterate on its product. A landmark partnership with Adidas in April 2023 produced the Adidas Genesis sneaker collection, a limited-edition NFT drop that marked one of the first major sportswear collaborations in the Web3 fitness space. Find Satoshi Lab has also expanded its ecosystem with adjacent products including MOOAR, an NFT marketplace and launchpad, DOOAR, a Solana-based DEX, and Gas Hero, a social strategy game that uses GMT as its core currency, creating additional sinks for the token. More recently, STEPN rolled out STEPN GO, a refreshed mobile experience aimed at making onboarding easier for mainstream fitness users without requiring deep crypto knowledge, alongside partnerships with brands and events focused on running culture. GMT holders can participate in governance decisions covering treasury spending, feature proposals, and tokenomic parameters, and the team has periodically executed token burns funded by in-app fees to offset emissions. The project has faced ongoing debate over the sustainability of play-to-earn economics, with critics pointing to GST inflation during 2022 as evidence of the model's fragility, while supporters highlight the team's willingness to implement burn mechanisms, sneaker durability adjustments, and seasonal resets to stabilize the economy. Today STEPN sits at the intersection of fitness, NFTs, and consumer crypto, competing with newer M2E entrants such as Sweat Economy while leveraging its early-mover brand recognition and Adidas affiliation. The GMT token trades on most major centralized exchanges including Binance, Coinbase, OKX, Bybit, and KuCoin, as well as decentralized venues on Solana and BNB Chain, giving global users multiple routes to participate in the ecosystem.

Key Features of STEPN

• Move-To-Earn Rewards: STEPN pays users in GST and GMT for verified outdoor walking, jogging, and running, using GPS combined with motion sensor data to confirm authentic activity. This creates a tangible financial incentive to build daily fitness habits, differentiating it from passive fitness trackers.
• NFT Sneaker System: Every participant equips an NFT sneaker with four core attributes — Efficiency, Luck, Comfort, and Resilience — that determine earning rates, reward variance, and repair costs. Sneakers come in Walker, Jogger, Runner, and Trainer classes, each optimized for a different speed range and user profile.
• Dual-Token Economy: GMT acts as the capped governance and premium-action token, while GST is the uncapped utility token minted through movement and spent on repairs, level-ups, and minting. This separation is designed to protect GMT's long-term scarcity while giving GST elasticity to reflect in-app demand.
• Anti-Cheat Infrastructure: STEPN deploys machine-learning-based anti-cheat systems, GPS signal verification, and device-level checks to detect spoofing, emulators, and bot activity. Accounts flagged for cheating can be suspended and assets frozen, helping maintain the integrity of earned rewards.
• Cross-Chain Availability: GMT is natively available across Solana, BNB Chain, and Ethereum, letting users select the network that best matches their wallet setup and fee tolerance. In-app realms on different chains also allow STEPN to diversify its user base and reduce single-chain dependency risk.

STEPN Use Cases

• Fitness Incentivization: Individuals use STEPN to turn routine walking or running into earned tokens, effectively getting paid to exercise. Many users report the financial accountability as a stronger motivator than traditional fitness apps for maintaining daily activity streaks.
• Governance Participation: GMT holders can vote on protocol proposals including treasury allocation, new sneaker features, burn policy, and partnership approvals. This gives community members a direct say in the long-term trajectory of the STEPN ecosystem.
• NFT Minting And Trading: Users spend GMT and GST to mint new sneakers by combining two existing NFTs, producing offspring with inherited attributes that can be used or sold on the marketplace. Active traders treat this as a secondary income stream, flipping high-attribute sneakers to other players.
• Premium In-App Upgrades: GMT is required for advanced actions such as leveling sneakers past certain thresholds, socketing higher-tier gems, and unlocking elite gameplay features. These sinks help create structural demand for GMT tied directly to active player progression.
• Cross-Ecosystem Utility: Beyond the main STEPN app, GMT powers adjacent Find Satoshi Lab products including the MOOAR NFT marketplace and Gas Hero game. This expanded utility lets holders use one token across fitness, trading, and gaming environments within the same ecosystem.

STEPN Tokenomics

Total Supply

GMT has a fixed maximum supply of 6,000,000,000 tokens, distributed across allocations for Move-and-Earn rewards, the ecosystem fund, private sale investors, the team, and Binance Launchpad participants. The hard cap contrasts with GST, which is uncapped and minted through user activity.

Circulating

Circulating supply has been unlocking gradually since the April 2022 Launchpad according to a published vesting schedule, with Move-and-Earn rewards representing the largest category released over roughly 30 years. Dynamic — see CoinGecko for live figures.

Utility

GMT is used for governance voting, premium sneaker actions (high-level mints, gem upgrades, level gating), staking, and as a cash-out token for high-tier earners. It also serves as the core currency inside Gas Hero and other Find Satoshi Lab products.

Emission

Long-tail emissions from the Move-and-Earn allocation are designed to last approximately 30 years, with early unlock cliffs for team and investor tranches completed over a multi-year vesting window. The team has periodically executed GMT burns funded by in-app fees to offset scheduled emissions.

How to Buy STEPN

1. 1

   1. Create A Binance Account

   Visit binance.com or open the Binance mobile app and tap 'Register' to sign up with an email address or phone number. Set a strong password and enable two-factor authentication through Google Authenticator under Security settings to protect your account before depositing funds.

2. 2

   2. Complete Identity Verification

   Navigate to the 'Identification' section in your profile and submit government-issued ID along with a liveness selfie to complete KYC. Verification typically finishes within minutes to a few hours and is required before you can access spot trading or higher withdrawal limits.

3. 3

   3. Deposit Funds

   Go to 'Wallet' → 'Fiat and Spot' → 'Deposit' and choose either fiat deposit via bank transfer or card, or crypto deposit of USDT, USDC, or BNB from an external wallet. For the fastest route, buying USDT with a card and then trading into GMT usually minimizes intermediate fees.

4. 4

   4. Buy GMT On Spot

   Click 'Trade' → 'Spot' and search for 'GMT' in the pair selector, then choose GMT/USDT or GMT/USDC depending on your deposited stablecoin. Enter your order size, select Market for immediate execution or Limit to set a target price, and confirm the trade.

5. 5

   5. Withdraw Or Hold Securely

   After purchase, you can leave GMT in your Binance Spot wallet or withdraw it via 'Wallet' → 'Withdraw' to a self-custody wallet such as Phantom (Solana), MetaMask (BNB Chain or Ethereum), or a hardware wallet. Always send a small test transaction first and double-check you are using the correct network for the destination address.

Frequently Asked Questions