EOS coin, explained honestly: from EOS to Vaulta (A)

11 min read

EOS coin at a glance

If you last looked at EOS during the 2018 bull run, a lot has changed. The project that raised one of the largest ICOs in history is no longer run by its original company, its software has been forked and renamed, and since 2025 it trades under a different name entirely. The blockchain itself, though, has never stopped.

Here is the short version. EOS is a layer-1 blockchain built for apps that need a lot of cheap, fast transactions — games, exchanges, payment tools. Instead of charging gas on every transaction like Ethereum, it lets accounts rent network capacity, and apps often cover that cost for their users. In March 2025 the network announced a rebrand to Vaulta, pitched as infrastructure for “Web3 banking”, and the EOS token began converting 1:1 into a new token called A.

Most people still search for “EOS”, which is why this site keeps the name. Throughout these guides we write “EOS (Vaulta)” for the network and “A (formerly EOS)” for the token. If you want the full beginner explanation first, start with what EOS is and how it works.

Price data refreshes from CoinGecko’s public API and tracks the A token, which is what “EOS” trades as on major exchanges. For the full interactive chart, all-time high and price history, open our live EOS price page.

What happened to EOS? The Vaulta rebrand in brief

On 18 March 2025 the EOS Network announced it would become Vaulta. The token jumped about 30% on the news, to roughly $0.65, before the market cooled again. The reasoning, as reported by Cointelegraph, was a course correction: after years of falling value and public fights with Block.one, the community wanted a fresh identity and a narrower focus on finance.

The swap itself went live on 14 May 2025 when block producers executed a scheduled multisig. Key points:

• Ratio: 1 EOS = 1 A, with no fees or slippage.
• Deadline: none for EOS → A. Vaulta says swapping stays open.
• Direction: both ways for the first four months, then EOS → A only.
• Exchanges: Binance, Kraken, KuCoin, MEXC, Bitvavo and others converted balances automatically. Coinbase did not.
• Nothing else moved: same chain ID, same 12-character account names, same contracts. Staked tokens stayed staked.

The A token is issued by a contract called core.vaulta, which also wraps the old system actions so you can pay for resources, stake and vote in A. On-chain data shows about 940 million EOS had been swapped into A when we last checked — under half of the 2.1 billion supply, though a large share of the rest sits in system accounts such as the staking pool.

The full story — the four business pillars, the partners, the leadership change — is on our EOS rebrand to Vaulta page. If you still hold old EOS, the practical steps are in the swap EOS to A guide.

How fast is EOS, really? Live TPS speedometer

EOS used to be marketed with headline numbers in the millions of transactions per second. Those were never real. The honest picture comes from the chain’s own limits: each half-second block allows 200,000 microseconds of CPU, and the cheapest transaction costs 100 microseconds. That works out to a theoretical ceiling of roughly 4,000 transactions per second. Actual everyday load is far lower — around 13 TPS in our sample of 120 recent blocks.

Where EOS genuinely stands out is finality. Since the Spring 1.0 upgrade and Savanna consensus went live on 25 September 2024, a transaction becomes irreversible in about one second, down from roughly three minutes before. For comparison, Ethereum finality takes around 13 minutes and Bitcoin users commonly wait an hour for six confirmations. Our EOS vs Ethereum vs Bitcoin comparison goes through speed, fees and decentralization side by side.

How EOS works in five minutes

Delegated Proof of Stake and 21 producers

EOS has no miners. Token holders vote, weighted by stake, for up to 30 block producers each. The top 21 take turns producing blocks — 12 blocks (six seconds) each per round — and since Savanna they also act as finalizers that sign every block. Protocol changes need a 15-of-21 supermajority. It is fast and cheap, but it also means a small group holds a lot of power; two exchange-run producers sit in today’s top 21. The DPoS and block producers guide explains voting, vote decay and producer pay.

No gas fees: the resource model

Instead of paying a fee per transaction, an account needs three resources: CPU (processing time, in microseconds), NET (bandwidth, in bytes) and RAM (permanent storage). CPU and NET are rented for 24 hours through a system called PowerUp; RAM is bought and can be sold back. A simple token transfer uses roughly 130 microseconds of CPU and about 150 bytes of NET, which costs less than the network’s smallest fee unit. That is why many wallets and apps quietly cover it. Try the numbers yourself in our RAM, CPU and NET calculator.

Human-readable accounts

Instead of a long hex address, an EOS account is a 12-character name like alicewallet1, using the letters a–z, the digits 1–5 and dots. Each account has an owner key and an active key, and multisig is built in. Creating one requires about 3 KB of RAM, but wallets such as Anchor can sponsor it for free. See how to create an EOS account.

Antelope, the software underneath

The original EOSIO code was written by Block.one. In 2022 the community forked it into Antelope, cutting the last technical dependence on the company. Today the node software is called Spring and is maintained on GitHub under AntelopeIO. The Antelope and EOSIO guide traces that lineage.

EOS coin overview: the numbers that matter

Before you form an opinion on EOS, it helps to have the basic facts in one place. The table below sticks to verified on-chain data and primary sources; it skips anything that changes by the minute, such as price.

The 2.1 billion cap came from a 2024 vote by block producers that cancelled about 80% of planned future emissions. The token supply is already fully minted; new rewards are paid out of reserves, on a schedule that halves every four years. The detail, including the staking reserve and the old Block.one allocation, is on the EOS tokenomics page.

How to get started with EOS (Vaulta)

Whether you want to hold a little A, try a dApp or stake, the path looks roughly the same. Here is the order we would suggest to a friend.

1. Learn the basics first

   Read what EOS is and skim the risk page. Ten minutes now saves you from the classic mistakes, like buying the wrong “EOS” ticker or sending tokens without a memo.

2. Pick an exchange that actually lists A

   Look for “Vaulta” or the ticker “A”, not “EOS”. Kraken, Binance, OKX, Bybit and KuCoin all list A pairs. Our how to buy EOS guide walks through it step by step.

3. Set up a self-custody wallet

   If you plan to hold for more than a few days or use dApps, move your A to a wallet you control. Anchor is the wallet the foundation points to and can create a free account. Compare options in our EOS wallet guide.

4. Decide whether to stake

   Staking A in REX earns a share of a fixed reward reserve. Recent on-chain data put the yield around 7–8% a year, but it moves constantly and you wait 21 days to unstake. Read the EOS staking guide before committing.

5. Explore carefully

   Try a DEX, an on-chain game or an NFT market with a small amount first. Check transactions in a block explorer so you can verify what happened.

What can you do on EOS today? dApp teaser

The EOS app scene is much smaller than in 2018–2019, and some of its biggest names have left. Upland, once the largest dApp on the chain, migrated to its own appchain in 2025, and the EOS EVM layer was shut down in October 2025. What remains is a core of DeFi tools, a few long-running games and the network’s own staking and RAM markets. DefiLlama tracks total value locked on Vaulta at roughly $39 million, most of it in native REX staking.

Each entry above was checked for recent on-chain activity rather than just a working website. The full list — with closed and migrated projects clearly marked — is in our EOS dApp directory.

The risks you should know about

A hub that only lists positives isn’t worth much. These are the issues we think every EOS holder should understand:

There is also history to weigh. Block.one paid a $24 million SEC penalty in 2019 for its unregistered ICO and later agreed to a $22 million class-action settlement. The community accused the company of not reinvesting the funds it raised, and in 2021 block producers stopped Block.one’s token vesting. In late 2025 Vaulta Foundation CEO Yves La Rose announced his resignation; community critics have also raised questions about the foundation’s financial reporting, which remain allegations rather than findings. Our “Is EOS safe?” page goes through each point with sources, and the EOS history and roadmap page puts it on a timeline.

Explore every EOS guide on this site

Everything on eoscoin.org is grouped into five areas. Pick where you want to go next.

Start here

Market

Wallets and staking

Technology

Ecosystem

Why this site exists

Search results for “EOS coin” are a mess: stale exchange pages still showing the old ticker, price-prediction sites promising four-figure targets, and wallet guides that point to tools which no longer support the chain. We built this hub to fix that. Every number here comes from primary sources — the Vaulta and foundation websites, the SEC, exchange announcements — or from live queries to EOS mainnet API nodes, and we flag anything we could not confirm.

That also means we tell you when something is gone. bloks.io, once the go-to EOS explorer, now redirects to a different network; Exodus dropped EOS support; the EOS EVM was switched off. If a guide elsewhere still recommends those, it is out of date. Corrections are always welcome via our contact page.

Frequently asked questions

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