Buy & Swap Internet Computer (ICP)

$11.20+3.41% (24h)ICP network

Internet Computer (ICP) can be swapped instantly on SwapRocket — no account, no KYC and zero added fees. Compare live ICP rates from every connected provider and receive funds in your own wallet in minutes.

Swap ICP instantly — no KYC

ICP / USD — 24H chart

Change2.56%High$11.49Low$10.80

Updating…

Live market data · extended history unavailable for this asset

24h3.41%

7d—

30d—

90d—

1y—

Internet Computer statistics

Market cap$5.3B

Fully diluted market cap—

24h volume$100M

Circulating supply470.00M ICP

Max supply∞

Total supply—

All-time high$700.00

Market dominance—

Rank—

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Non-custodial

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About Internet Computer (ICP)

Layer-1 blockchain

Internet Computer (ICP) is a Layer-1 blockchain — a base network with its own consensus, validators, and native coin (ICP) used to pay fees and secure the chain. Developers build applications directly on it, and ICP is the asset that powers the whole ecosystem.

How does Internet Computer work?

The Internet Computer network is maintained by a distributed set of participants who validate transactions and add them to the blockchain. ICP is required to pay for transactions and, on many networks, to stake and help secure the chain in exchange for rewards.

What is ICP used for?

ICP pays network fees, can often be staked for yield, and serves as the core unit of value across apps built on Internet Computer. Demand for ICP tends to track activity and adoption on the network itself.

How to buy or swap ICP on SwapRocket

Pick ICP as the asset you want to receive.
Choose which crypto you're paying with.
SwapRocket compares every connected exchange and surfaces the best rate.
Paste your wallet address and confirm — funds arrive in minutes.

Internet Computer (ICP) swap profile

This profile explains how Internet Computer swaps work on SwapRocket: the network ICP settles on, what an exchange costs, how long it usually takes, and which pairs are published. Rates are aggregated live from every connected provider and shown in full before you commit to anything.

ICP key facts

Ticker: ICP
Settlement network: ICP
Category: Layer-1 blockchain
Custody: Non-custodial — coins move from the provider straight to your wallet
Cost to you: Zero added fees; you see the provider rate
Verification: No KYC for crypto-to-crypto swaps
Typical completion: Most swaps finish in under 10 minutes
Rate options: Best rate, fastest route or fixed rate
Published pairs: 4 published ICP pairs

How a ICP swap works

Enter the amount you want to exchange, pick the asset on the other side, and SwapRocket queries every connected exchange partner at once. You choose an offer, paste the wallet address that should receive the funds, and send ICP to the deposit address shown. The partner executes the trade and pays out to your address — SwapRocket never holds your coins, and there is no account to create before you start.

Choosing a rate for ICP

Three offers are presented for every ICP exchange. The best rate returns the largest amount for the size you entered. The fastest route favours the partner with the shortest expected settlement time, which matters when the market is moving. The fixed rate locks the quoted amount for the duration of the order, so what you are shown is what arrives, at the cost of a slightly smaller payout. Floating offers can move with the market between deposit and settlement.

Networks and addresses for ICP

Internet Computer settles on ICP. Always send from and to an address on that network: a deposit sent over a different chain cannot be recovered by the exchange partner. When an asset exists on several chains, pick the matching network in the widget before copying the deposit address, and send a small test amount first if you are unsure.

Popular ICP pairs

Each pair below has its own page with a live quote, the current rate and the limits that apply to that route.

What is ICP? · Sourced guide · Updated 2026-09-23 · 15 sources cited

Why does the Internet Computer separate a transferable token from the cycles that software actually consumes?

ICP is the native asset of the Internet Computer, but applications on the network do not meter every user action directly in ICP. Developers convert ICP into cycles, a separate computational unit that canisters consume for execution, storage and communication. ICP also powers Network Nervous System governance and protocol rewards. Separating a market-priced asset from a more stable compute unit is the central design choice: it makes application funding easier to reason about while connecting demand for computation to token burning.

Canisters pay so users do not have to

Internet Computer applications run in canisters, WebAssembly programs that hold state and can serve requests. The network uses a reverse-gas model: canisters carry cycles and spend them as they consume compute, storage, bandwidth and other protocol services. A user can interact without attaching a separate gas payment to every call when the application has funded itself.

Cycles are created by converting and burning ICP through the Cycles Minting Canister. Official documentation describes their reference value in terms of the IMF's Special Drawing Right, giving developers a budgeting unit designed to be steadier than the market price of ICP. Cycles flow into application operation and cannot be converted back into ICP through the protocol.^{[3], [4], [2], [5]}

The NNS turns locked ICP into voting power

The Network Nervous System governs protocol-level changes, including node and subnet configuration, economic parameters and software upgrades. ICP holders participate by locking tokens into neurons. A neuron's voting power and rewards depend on protocol rules including its dissolve delay and other settings, so a liquid wallet balance is not the same thing as active governance power.

NNS proposals are executed by system canisters after voting rather than relying on every node operator to coordinate a manual fork. The same framework also supports Service Nervous Systems, which let an application place its own upgrades under token-holder governance without turning the application's token into ICP.^{[6], [7], [8], [9]}

Subnets scale one network into multiple execution groups

The protocol divides canisters among subnets, each operated by a selected group of nodes that reaches consensus over its own replicated state. New subnets can add capacity, and routing allows canisters to communicate across the network. This is horizontal scaling rather than requiring every node to execute every application's workload.

Chain-key cryptography lets a subnet jointly produce signatures without reconstructing a private key in one place. The mechanism supports certified responses and signatures for external-chain integrations. Chain-key tokens such as ckBTC are separate assets with their own ledger and minter canisters; they should not be confused with ICP itself.^{[1], [10], [9], [11], [12]}

One token connects three different systems

ICP can move on its ledger, be locked into neurons for governance, or be burned to create cycles. The protocol also mints ICP for node-provider and governance rewards under its economic rules. These flows are distinct: transferring ICP does not fund a canister until conversion occurs, and conversion to cycles is not a reversible exchange inside the protocol.

The official ledger is a system canister with a documented canister identifier and ICRC interfaces. That identity matters because similarly named wrapped assets on external chains are not the native ledger asset. Wallets and exchanges may use principal-based accounts and subaccounts, so destination requirements should be checked rather than inferred from an EVM address format.^{[4], [13], [14], [8]}

Automatic governance still depends on participation

The NNS makes proposal outcomes and execution inspectable, but automation alone does not establish that voting influence is broadly distributed. Neurons can follow other neurons, and voting power depends on locked stake and dissolve settings. The exact current concentration of effective voting power among independently controlled participants is UNKNOWN from the static documentation reviewed here.

Subnet growth also creates an ongoing coordination question: the protocol must expand capacity while maintaining enough independent node providers and sound subnet membership. Official dashboards expose live information, but any precise decentralization claim should be dated and recomputed rather than preserved as an evergreen statistic.^{[6], [9], [15]}

What this means when you hold or move ICP

Confirm that the destination accepts native ICP on the Internet Computer ledger, not an unrelated token with the same ticker on another network. The official ICP ledger canister is ryjl3-tyaaa-aaaaa-aaaba-cai, but receiving services may ask for either a principal-based ICRC account or a legacy account identifier; follow the exact format they provide.

Locking ICP in a neuron can restrict when it becomes liquid again, while burning ICP for cycles is one-way. Treat transfer, governance staking and compute funding as separate actions. Check current fees, dissolve settings and supported account format before committing funds.

Sources and evidence (15)

[1] The Internet Computer runs stateful WebAssembly canisters across subnet-based replicated execution groups. DFINITY — Internet Computer white paper · verified 2026-09-23 Confirmed
[2] Canisters are stateful programs that can serve requests and pay for their own resource use. ICP Developer Docs — Concepts · verified 2026-09-23 Confirmed
[3] Cycles fund canister compute, storage, messaging and protocol services and cannot be converted back to ICP. ICP Developer Docs — Cycles · verified 2026-09-23 Confirmed
[4] ICP supports governance, cycle conversion and network rewards, while cycles provide a separate compute-cost unit. ICP Developer Docs — Network economics · verified 2026-09-23 Confirmed
[5] The Cycles Minting Canister accepts ICP and creates cycles using the protocol's conversion process. ICP Developer Docs — System canisters · verified 2026-09-23 Confirmed
[6] The NNS governs protocol upgrades and parameters, with ICP locked in neurons for voting. ICP Developer Docs — Governance · verified 2026-09-23 Confirmed
[7] NNS proposal types cover system changes including subnet, node and economic decisions. ICP Developer Docs — NNS proposal types · verified 2026-09-23 Confirmed
[8] The NNS and ICP ledger are identified system canisters controlled through protocol governance. ICP Developer Docs — System canisters · verified 2026-09-23 Confirmed
[9] Internet Computer capacity and upgrades are organized through subnets and governance-driven network evolution. ICP Developer Docs — Evolution and scaling · verified 2026-09-23 Confirmed
[10] The Internet Computer consensus protocol coordinates replicated subnet state under documented fault assumptions. DFINITY — Internet Computer Consensus · verified 2026-09-23 Confirmed
[11] Threshold cryptography lets subnet nodes jointly produce signatures without reconstructing one private key. ICP Developer Docs — Chain-key cryptography · verified 2026-09-23 Confirmed
[12] Chain-key tokens are separate ICP-native assets backed by assets on other chains and managed by minter and ledger canisters. ICP Developer Docs — Chain-key tokens · verified 2026-09-23 Confirmed
[13] The ICP ledger supports documented transfer and account interfaces. ICP Developer Docs — Ledgers · verified 2026-09-23 Confirmed
[14] ICRC standards define principal and subaccount-based fungible-token interfaces. ICP Developer Docs — Digital asset standards · verified 2026-09-23 Confirmed
[15] The official dashboard publishes changing network and governance data. Internet Computer Dashboard · verified 2026-09-23 Confirmed

Profile last reviewed 2026-09-23. Historical background only — not investment advice.

Fees and pricing

Zero added fees: SwapRocket does not add a platform fee, a minimum or a withdrawal charge — the rate you see is the rate you get. Blockchain network fees are shown in full before you confirm, and the final amount you receive is quoted up front.

SwapRocket does not add a separate fee or markup to the provider quote. SwapRocket may earn a commission from the liquidity provider when a completed swap is referred through our platform. Provider spreads and applicable network costs are reflected in the quoted amount.

Network fees are set by the blockchain, not by SwapRocket. No account, no subscription and no withdrawal charge. Live support is available 24/7.

ICP swap FAQ

How do I swap Internet Computer (ICP) instantly on SwapRocket?

Pick ICP as the asset you want to receive, choose what you're paying with, paste your wallet address, and confirm. SwapRocket hands your order to the provider whose quote pays out the most at that moment, and most swaps complete in under 10 minutes — no SwapRocket account needed.

Can I swap ICP with no KYC?

No SwapRocket account or identity documents are needed to start a crypto-to-crypto swap of ICP. The provider that executes the swap may still request identity verification or hold a swap for review under its own AML and sanctions policy, regardless of amount. Selling to a bank account goes through a regulated payment partner that verifies the payer; card purchases on SwapRocket are coming soon.

Is swapping Internet Computer on SwapRocket non-custodial?

Yes. SwapRocket never holds your funds. The provider that executes the swap receives your deposit, holds it only for the duration of the swap, and sends ICP to the wallet address you provide.

Which network does ICP use here?

SwapRocket supports Internet Computer on the ICP network. Always double-check that your receiving wallet supports this network before confirming.

What fees apply when I swap ICP?

SwapRocket adds no fee or markup to the provider's quote and may earn a commission from the provider on a completed swap. The provider's spread and any network cost it deducts on delivery are already reflected in the ICP amount shown; the network fee your own wallet charges to send the deposit is separate. Spreads vary by provider, pair and size, so compare the quoted receive amount.

More on fees, limits, KYC and timing: read the full crypto swap FAQ.