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About ORDI
Analysis of 30 Jul 2026ORDI is the first BRC-20 fungible token created through the Ordinals inscription system on Bitcoin. Its March 2023 deployment set a 21 million maximum supply and a 1,000-token mint limit.
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BRC-20 records deploy, mint, and transfer instructions as inscriptions; balances are interpreted by compatible indexers rather than executed by a Bitcoin smart contract. ORDI is fully circulating according to CoinGecko and trades on major centralized exchanges.
Its appeal is mainly historical and cultural: it is the original BRC-20 asset, not a claim on protocol fees or a governance system. Demand therefore depends on continued interest in Bitcoin-native collectibles and token activity.
