HomeWhat is SWARM?
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What is SWARM (SWM)?
SWARM (ticker SWM) is a privacy coin: a cryptocurrency with its own proof-of-work blockchain, on which payments can be shielded so that sender, receiver and amount stay encrypted on-chain. Its supply is capped at 20,999,987.3152 SWM. Its mainnet has been live since 2 October 2026; until 31 October 2026, 15:42 UTC only the project’s own machines mine, for the next 24 hours the people on its waiting list can mine too, and from 1 November 2026, 15:42 UTC mining is open to everyone.
Key facts
SWARM in one table.
Fixed rules and published facts only. Live figures such as the block height come from the chain itself: see the home page or the block explorer.
| Name | SWARM |
|---|---|
| Ticker | SWM |
| What it is | A privacy coin: a cryptocurrency with its own proof-of-work blockchain and shielded payments. |
| Status | Mainnet live since 2 October 2026, 15:42 UTC. |
| Genesis block hash | 01b76d8a0f18c502b23ab6605e26296d189aa5770fc4a34155e5c7b250a0eff2 |
| Consensus | Proof of work, Equihash 200,9. |
| Target block time | 75 seconds |
| Block reward | 6.25 SWM, halving every 1,680,000 blocks (about 4 years). |
| Maximum supply | 20,999,987.3152 SWM |
| Genesis | The genesis block holds no spendable coins; every SWM that exists has been mined. |
| Closed start | Until 31 October 2026, 15:42 UTC only the project's own machines can mine: in those 29 days about 33,408 blocks are produced, about 208,800 SWM (80% to the project's mining wallet, 20% to the three funds), about 0.99% of the cap. From then until 1 November 2026, 15:42 UTC the people on the waiting list can mine too; from that moment mining is open to everyone and the node software will be published on this site. Why: the infrastructure around the coin, liquidity pools included, needs coins before public mining begins; the aim is an orderly, predictable start. |
| Block reward split | 80% Miner · 8% Core Development · 4% Grants & Ecosystem · 8% Community & Development Reserve. Fixed in the genesis rules for the whole emission schedule. |
| Privacy | Shielded payments keep sender, receiver and amount encrypted on-chain, using zero-knowledge proofs. Transparent payments exist too. |
| Mainnet addresses | swm1… shielded, s1… transparent, s3… transparent (script) |
| Apps | SWARM Wallet (Windows, macOS and Linux); SWARM Messenger (Windows, macOS and Linux); SWARM Browser (Windows). |
| Block explorer | mainnet.explore.swarm.green (opens in a new tab) |
| Source code | Open source: github.com/Swarmcoin/swarm-releases (opens in a new tab) |
| Official channels | swarm.green, @swarm_coin on X (opens in a new tab), swarmofficial@atomicmail.io |
How SWARM keeps a payment private
SWARM has two kinds of payment. A shielded payment uses zero-knowledge proofs: the chain records that a valid payment happened without recording who paid whom or how much, so sender, receiver and amount stay encrypted on-chain. A transparent payment is public, as on most blockchains.
SWARM Wallet gives you a shielded address by default and tells you which kind of payment you are about to make. Shielding protects what is written to the chain. It does not protect everything about how you use the network: your own network connection, for example, is a separate matter.
How SWM is issued
SWM is issued only by mining. A block is found about every 75 seconds and pays 6.25 SWM; the reward halves every 1,680,000 blocks, about every 4 years, so the supply approaches 20,999,987.3152 SWM and never exceeds it. The genesis block holds no spendable coins. The first 30 days are a closed start. Until 31 October 2026, 15:42 UTC only the project's own machines can mine: in those 29 days about 33,408 blocks are produced, about 208,800 SWM (80% to the project's mining wallet, 20% to the three funds), about 0.99% of the cap. From then until 1 November 2026, 15:42 UTC the people on the waiting list can mine too; from that moment mining is open to everyone and the node software will be published on this site. Why: the infrastructure around the coin, liquidity pools included, needs coins before public mining begins; the aim is an orderly, predictable start.
Every block reward is split the same way for the whole schedule: 80% to the miner who found the block and 20% to three published project addresses (8% Core Development, 4% Grants & Ecosystem and 8% Community & Development Reserve). Those shares are paid block by block, in public, and the percentages cannot be changed. The full schedule is on the network page; the three addresses and how their keys are held are on the verify page.
Proof of work
SWARM is secured by proof of work, Equihash 200,9, left unchanged from the open-source code it builds on. Specialised hardware for this proof of work exists and nothing in the rules keeps larger miners out.
What it is built on
SWARM is built on proven, open-source code that has secured real money for years. The consensus rules and the cryptography are left unmodified; SWARM adds its own network, its economics and its apps. The code is public at github.com/Swarmcoin/swarm-releases (opens in a new tab): read it, build it, check it.
The software
Everything you need is published with its SHA-256 checksum in the Ecosystem: SWARM Wallet (Windows, macOS and Linux), SWARM Messenger (Windows, macOS and Linux) and SWARM Browser (Windows). The mainnet block explorer is at mainnet.explore.swarm.green (opens in a new tab). The roadmap separates what is live from what is only planned.
Questions
Short answers.
Is SWARM a privacy coin?
Yes. SWARM is a cryptocurrency whose payments can be shielded: sender, receiver and amount stay encrypted on-chain, using zero-knowledge proofs. It runs on its own proof-of-work blockchain, and its ticker is SWM.
When did SWARM launch?
SWARM mainnet has been live since 2 October 2026, 15:42 UTC. Its genesis block holds no spendable coins. Until 31 October 2026, 15:42 UTC only the project's own machines can mine: in those 29 days about 33,408 blocks are produced, about 208,800 SWM (80% to the project's mining wallet, 20% to the three funds), about 0.99% of the cap. From then until 1 November 2026, 15:42 UTC the people on the waiting list can mine too; from that moment mining is open to everyone and the node software will be published on this site. Why: the infrastructure around the coin, liquidity pools included, needs coins before public mining begins; the aim is an orderly, predictable start.
How many SWM will there be?
At most 20,999,987.3152 SWM. Each block pays 6.25 SWM, and the reward halves every 1,680,000 blocks, about every 4 years.
Was there a premine?
No. The genesis block holds no spendable coins; every SWM that exists has been mined. There is a closed start. Until 31 October 2026, 15:42 UTC only the project's own machines can mine: in those 29 days about 33,408 blocks are produced, about 208,800 SWM (80% to the project's mining wallet, 20% to the three funds), about 0.99% of the cap. From then until 1 November 2026, 15:42 UTC the people on the waiting list can mine too; from that moment mining is open to everyone and the node software will be published on this site. Why: the infrastructure around the coin, liquidity pools included, needs coins before public mining begins; the aim is an orderly, predictable start.
What does a shielded payment hide?
The sender, the receiver and the amount. The chain records that a valid payment happened, not who paid whom or how much.
Is every SWARM payment private?
No. Privacy is a choice you make per payment: shielded payments are encrypted on-chain, transparent payments are public, and the wallet tells you which kind you are about to make.
How do I get SWM?
SWM is created only by mining; you can receive it from someone who already has it. Until 31 October 2026, 15:42 UTC only the project’s own machines mine, and public mining opens on 1 November 2026, 15:42 UTC. SWM has no guaranteed value and can lose value, including all of it.
Where do block rewards go?
80% Miner · 8% Core Development · 4% Grants & Ecosystem · 8% Community & Development Reserve. The split is fixed in the genesis rules for the whole emission schedule and is visible in every block.
Who runs SWARM?
A founding team builds the software in the open. Until 31 October 2026, 15:42 UTC the project alone mines; the people on the waiting list follow 24 hours before public mining opens on 1 November 2026, 15:42 UTC, and from then on anyone can run a node and mine, with no account to apply for. There is no admin key, and the rules every node enforces are the same for the founders as for anyone else.
How do I check that I am on the real SWARM chain?
A chain is identified by its genesis block. SWARM mainnet’s genesis hash is 01b76d8a0f18c502b23ab6605e26296d189aa5770fc4a34155e5c7b250a0eff2. The verify page lists the launch facts, the public endpoints and the published addresses.
Which sources are official?
This site, @swarm_coin on X (opens in a new tab), the email address swarmofficial@atomicmail.io and the code at github.com/Swarmcoin/swarm-releases (opens in a new tab). The project will never ask for your recovery words, private keys or a payment.
Nothing on this page is an offer, a solicitation or financial advice. More questions are answered in the FAQ.