Circles is an open, decentralized digital-currency protocol that lets individuals and communities create and exchange their own trust-based currencies without central gatekeepers. Circles's Twitter Score is 40 out of 1000 as of August 2026, ranking #23,533 (top 5%) among 483,944 tracked accounts.
Circles was founded by Martin Köppelmann and is affiliated with Gnosis. The protocol works by issuing each participant one CRC token per hour continuously, with balances subject to a 7% annual demurrage that discourages hoarding and keeps currency circulating. Trust connections between participants make personal currencies transferable across a social graph, so value can flow through networks of mutual trust rather than through any central authority.
Circles V2 introduced group currencies, allowing communities to pool members' personal CRC tokens into a single fungible shared currency. Circles V2 launched on Gnosis in May 2025. GnosisDAO passed GIP-88, approving 1.7 million EUR in funding to provide liquidity for Circles group currencies, backing the protocol's expansion into community-scale economies.
Circles has accumulated 23,946 followers as of August 2026 and published 1,186 posts on the platform. The account has been mentioned by 122 accounts, with 279 total mentions.
Circles's portfolio includes ETHPrague.
Who follows Circles on X?
The accounts that follow Circles include 154 founders, 36 angel investors, 44 influencers and 1 VCs. Among them are Laura Shin, Vance Spencer, gabrielShapir0, 0xMaki, Binji and Laurence.