What is Energy Web Token?

Energy Web Token (EWT) is the native utility token used to secure and operate the Energy Web decentralized technology platform. The platform includes Energy Web X, a public and permissionless nominated proof-of-stake blockchain, and a Verified Compute Cloud for off-chain business logic computation supporting energy and sustainability markets. EWT circulates as an ERC-20 token on Ethereum, used as a settlement and custody environment. The original proof-of-authority network, Energy Web Chain (EWC), where EWT was first launched in June 2019, remains operational for archival and backward-compatibility only.

A validator-governed, bidirectional bridge connects Ethereum and Energy Web X, described as preserving total supply and utility while enabling use across both networks. The bridge supports cross-network functionality between the ERC-20 representation on Ethereum and the Energy Web X environment. The description also states that EWT is included in the European Securities and Markets Authority register in November 2025 to ensure MiCA compliance.