Alaya Governance Token (AGT) is the BNB Chain token of the AI data-labeling network Alaya, and it closed mid-October 2026 at $0.06131, 263.89% above its close two days earlier. That was the highest daily close in its record. Users earn AGT by labeling AI training data in Alaya's app, and CoinGecko lists the same token as Alaya AI.
AGT gained 114.81% on the first of those two daily bars, from $0.01685 to $0.03619, then rose 69.40% from that close to end the second day at the top of its range. The new close is 80.51% above the previous record close of $0.03397 from late May 2025. CoinMarketCap volume jumped 8.90-fold on the first day, from $4.90 million to $43.65 million.
Alaya Governance Token (AGT) | At a glance |
What it is | Token of Alaya, an AI data-labeling network on BNB Chain |
Mid-October move | +263.89% over two daily closes |
Record | $0.06131, the highest daily close in its history |
Supply | 5 billion AGT fixed, 3.26 billion circulating (CMC) |
Holders | 189,926 in mid-October 2026 (GeckoTerminal) |
On Phemex | Perpetual delisted October 2025, no spot pair |
What Is AGT Coin?
AGT coin is the utility and governance token of Alaya, an app that pays people to label the data AI models are trained on. Alaya's $AGT token page says the token "serves both as a utility token and as Alaya's governance token" with a maximum of 5 billion.
Holders stake AGT for data-validation tasks and for votes in Alaya's DAO on its auto-labeling models, a form of blockchain governance, on-chain and off-chain. They also spend it to upgrade the NFTs the app uses as player characters.
Staking pays no yield. The docs say staking "does not provide users with any passive income or revenue" and only opens advanced tasks with bigger rewards. Alaya's page for its model staking pools carries a coming-soon notice and nothing else, so those pools aren't live. The docs also promise AGT buybacks from platform revenue but give no revenue figure, so a buyer can't size them.
Searches for AGT crypto run into several namesakes. Google's suggestions for "agt" lean toward America's Got Talent, and CoinMarketCap's separate Alaya page with the ticker ATP covers PlatON's network, a different project.
Why Is AGT Trending in October 2026?
AGT is trending because it more than tripled in two days and ranked first on CoinMarketCap's most-searched list in mid-October 2026, while other AI tokens barely moved. Four AI-token perpetuals on Phemex moved between -1.81% and +4.41% across the same two daily closes, each measured from its own close the day before the run.
Market, same two daily closes | Move |
AGT (CoinMarketCap) | +263.89% |
WLD perpetual | +4.41% |
TAO perpetual | +1.95% |
RENDER perpetual | +0.47% |
BTC perpetual | -0.08% |
VVV perpetual | -1.81% |
Phemex's blog named AI tokens the only profitable crypto sector in Q1 2026, yet in mid-October the group held flat while AGT ran on its own.
Much of the trading ran through one shallow on-chain pool. The main AGT/WBNB pool on BNB Smart Chain traded $34.41 million on the second day of the run, and it held about $2.71 million of liquidity in mid-October 2026. The explainer on crypto trading volume and how it affects price ties volume's effect on price to liquidity, and AGT's liquidity is thin.
Moves of this size have happened before. Counting both mid-October days, seven of AGT's 518 daily moves on CoinMarketCap reached +50% or more on the previous close. Two such days in a row had happened once before, in late April 2026.
No announcement from Alaya explains the run. The last post on its Medium blog before the spike was the routine monthly AGT redemption notice from early October 2026.
How Does Alaya Work?
Alaya turns AI data labeling into a game. People sign up with an email address, and the docs say most features work without a crypto wallet until a user moves NFTs or tokens out to self-custody.
Tasks pay in AIA, Alaya's in-app points, which have no link to the AIA token of the DeAgentAI project. Once a month Alaya opens an AGT redemption that swaps those points for a share of a fixed pool of AGT.
Alaya's Season 16 redemption post on Medium sets that pool at 15 million AGT, worth about $919,700 at AGT's mid-October close. Users redeem at least 3,000 AIA at a time until late October, and each payout equals the user's AIA divided by all AIA redeemed, times the pool. Alaya pays out to linked BNB Smart Chain wallets before the month ends and calls the event monthly "until further notice".
None of Alaya's Medium posts since April 2026 announces an Alaya AI airdrop, and six of them open redemption seasons. Those seasons spread tokens to users the way a classic airdrop does, a model laid out in what a crypto airdrop is and why projects run one, except that every AGT here is earned with tasks.
AGT Tokenomics
AGT's supply is capped in its contract. The token lives at 0x5dBde81fcE337FF4bcaaEe4Ca3466C00aeCaE274 on BNB Smart Chain, where its total supply reads exactly 5 billion AGT with 18 decimals. In mid-October 2026 the 1,764-byte contract held no function to mint new tokens, pause transfers or swap in new code. Its owner function reverts and it isn't an upgradeable proxy, so no one can add to the 5 billion.
CoinMarketCap counts 3.26 billion AGT in circulation, 65.20% of the 5 billion maximum, which values the circulating supply at about $199.9 million at AGT's mid-October close. CoinGecko shows a circulating supply of zero, so CoinMarketCap's figure is the usable one.
GeckoTerminal counted 189,926 holders in mid-October 2026 and put 51.95% of supply in the ten largest addresses. It doesn't label those addresses. Pools and unvested allocations can be among them, so the figure says nothing about any one holder's stake.
When Is the Next AGT Token Unlock?
Alaya's docs carry no vesting schedule, so AGT token unlock dates come from third-party trackers. One of them listed a release of about 170 million AGT for mid-October 2026, 3.4% of the maximum supply, and lists the next one for mid-November 2026.
On BNB Smart Chain, no single transfer of 10 million AGT or more took place across both days of the run. A release can move in smaller pieces, so that shows only that no 170 million AGT block landed at once.
Releases like these follow the schedules described in crypto vesting and cliffs, and they draw on the roughly 1.74 billion AGT that CoinMarketCap doesn't yet count as circulating.
How to Buy AGT Safely
Phemex delisted its AGT perpetual in October 2025 and has never listed AGT spot, so buying AGT means a swap on BNB Smart Chain from your own wallet. Futures use leverage, and a leveraged position is closed automatically if losses reach its margin.
Match the contract address on BNB Smart Chain before you swap. AGT's contract is 0x5dBde81fcE337FF4bcaaEe4Ca3466C00aeCaE274, and any token with the same name at another address is a copy.
Swap through the main AGT/WBNB pool that opened in mid-May 2025. It was the deepest AGT pool by far in mid-October 2026, while the next-largest held under $4,000.
Check the fee tier on every pool your swap routes through. Several AGT/USDT pools on BNB Smart Chain charge 79% to 90% of each swap as a fee, while the main AGT/WBNB pool charges 0.01%, so a trade routed through a junk pool loses most of its value.
Set a tight slippage limit before you confirm the swap. AGT's pools are shallow next to its daily volume, and the guide to slippage in crypto and how to manage it explains why a loose limit can fill far from the quoted price.
Buy a small amount first and confirm it reaches your wallet. Check that the tokens show under the right contract address before you send more.
What Are the Risks of Alaya Governance Token?
No named team. Alaya's docs name no founders or developers, and its user agreement sets the laws of the Republic of Seychelles as its governing law. A buyer has no named person to hold to the buyback promise.
Monthly supply releases. Trackers list a new tranche of AGT almost every month, and each one adds sellers to a market that's thin outside one pool. Alaya's docs list no release dates, so holders learn the size of a release from third parties.
A 264% two-day move. AGT's last two-day surge of this kind, in late April 2026, lifted it 150.63% from the close before it began. Over the next 30 days it fell to a close 64.17% below the second day's close.
One deep pool. Almost all of AGT's on-chain liquidity is in the main AGT/WBNB pool, so a large sell order moves the price hard.
Is AGT Coin a Good Investment?
AGT is a bet that Alaya's labeling app keeps drawing users and that buyers keep paying for a token its users earn by labeling data.
AGT's own history is the best guide to what usually follows a run like this. It has had four earlier spike episodes, in August 2025, twice in April 2026 and in June 2026. A week after each spike day, all four closes were already below the spike-day close. Thirty days on, they stood 9.13% to 49.63% below it. None of AGT's earlier surges held for a month.
What would have to be true: Alaya would need paying data customers large enough to fund the buybacks its docs promise, plus enough demand to absorb a fresh tranche of supply each month.
Frequently Asked Questions
What is Alaya AI?
Alaya AI is the project behind AGT, a data-labeling app that pays users in AIA points for tagging AI training data. Those points convert into AGT, its BNB Chain token, through a monthly redemption.
What is AGT coin used for?
Holders stake AGT to unlock advanced data tasks and to vote in Alaya's DAO, and they spend it on NFT upgrades. Alaya's docs say staking earns no passive income, and its model staking pools have not launched.
How do you get AGT tokens?
Users earn AIA points with labeling tasks in Alaya's app, then swap them for AGT in the monthly redemption. Season 16 shares 15 million AGT in proportion to the AIA each user redeems.
Where can I buy AGT coin?
AGT trades in on-chain pools on BNB Smart Chain, led by the main AGT/WBNB pool. Phemex has no AGT market after removing the AGT perpetual in October 2025, so check the contract address and the fee tier before any swap.
Is the Alaya AI token the same as AGT?
Yes, the Alaya AI token and AGT are one token at one contract address on BNB Chain. CoinGecko lists it under the project name Alaya AI, and CoinMarketCap uses the contract's own name.
Bottom Line
Alaya's contract gives AGT the one thing a buyer can verify outright, a supply that stops at 5 billion. The mid-October record has no such footing, because no announcement from the project lies behind it. Until the labeling app shows revenue that can pay for the promised buybacks, each monthly release tests buyers who came for the chart.
Disclaimer: This article is for informational purposes only and is not financial advice. Cryptocurrency trading involves substantial risk. Always do your own research before making investment decisions.
