In Q1 2025, the Autonomys Network continued technical development for its Mainnet Phase-2
launch after bringing Mainnet Phase-1 live in November 2024, which established the storage
and consensus layers. Product milestones during the quarter included the launch of Auto EVM
on the Taurus testnet to support smart contract development, the introduction of the
Autonomys Bridge enabling asset transfers between Taurus Auto EVM and Ethereum Sepolia,
and the deployment of Cross-Domain Messaging (XDM) on testnet.
Network metrics reflected growing participation and activity, with total pledged storage
increasing 20% QoQ from 435 PB to 522 PB, and cumulative events on Mainnet rising 203%
QoQ from 33.9 million to 102.8 million. The number of nodes declined 32% QoQ from 1,830 to
1,250, while AI3’s circulating market capitalization decreased 23% QoQ from $193 million to
$148 million
