Gensyn activated its mainnet on April 22, 2026 and introduced Delphi, its first native application. The platform is described as a permissionless market system where users set the parameters and AI systems generate and verify outcomes, bringing open AI infrastructure and onchain markets into one network.
This rollout was broader than a token launch. It combined live infrastructure, an operating application, and a working token model. According to the source material, Gensyn has raised more than $78 million since its founding in 2020, with backing from a16z crypto, Galaxy Digital, and CoinFund. Its native token, AI, has a total supply of 10 billion and was launched as an ERC-20 asset on Gensyn’s layer-2 network, with initial distribution starting in April 2026.
AI token tied to verification, staking, payments, and governance
The token is designed for more than simple circulation. Gensyn says AI is used for machine learning verification, staking, payments, and governance across the network. Onchain revenue is routed into a programmed buyback-and-burn model, linking network usage to token destruction. Under the project’s BuyBack Vault structure, 70% of collected fees is permanently burned, 29% goes to the Community Treasury, and 1% is reserved for executor rewards.
That setup gives the network a fixed revenue path. Fees do not remain idle at the protocol level; they are split between burn pressure, community reserves, and execution incentives according to preset rules.
Delphi testnet logged tens of thousands of traders
Delphi first went live on testnet in December 2025. The source says a sports market drew more than 87,000 traders and generated $4.88 million in volume, while an Oscars market attracted more than 45,000 traders. For a product still in testing, those figures point to notable early usage.
The fee model is already defined. Gensyn charges a 0.5% fee on all Delphi volume, and that flow feeds the AI token buy-and-burn mechanism. Market creators receive 1.5% of total trading volume, paid automatically in USDC once a market settles successfully.
Gensyn describes Delphi as an information markets platform rather than a prediction market. Once a market is live, the company says no single centralized entity controls it, outcomes are settled by AI, and revenue is distributed automatically to the creator.
AXL adds a peer-to-peer communication layer for agents
The roadmap also includes AXL, short for Agent eXchange Layer. In the source material, it is presented as a peer-to-peer encrypted communication network for agents that does not require port forwarding or root privileges. The goal is to let agents, applications, and machine learning pipelines exchange data without relying on a central server.
Taken together, the pieces form a larger architecture: the mainnet handles token functions and settlement, Delphi provides a market-based application layer, and AXL is meant to support data exchange between agents.
Token allocation gives the largest share to the community treasury
Gensyn’s token allocation is listed as 40.40% for the Community Treasury, 29.60% for investors, 25% for the team, 3% for the Community Sale, and 2% for Testnet Rewards. The community treasury holds the biggest single share, followed by investors and the team.
The material also notes that market observers have compared Gensyn with the Bittensor ecosystem and its native token TAO, placing it in the race around decentralized compute and AI-driven market systems. Based on the disclosed details, Gensyn has now connected its mainnet launch, Delphi rollout, AI token mechanics, and AXL communication layer under one framework centered on open and verifiable decentralized machine intelligence.