Axe ranks #322 of 504 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #3882: 3560 of the 3881 assets ahead of it are not native coins but tokens or claims. A token is issued on a host blockchain rather than running its own; a claim stands for an asset already counted. Of the 4149 non-native assets CoinSpectrum lists above it by market cap, about 84% are tokens, 14% are claims on other assets and 2% are memecoins.
| CoinSpectrum Grade | pending — launch under review |
|---|---|
| Rank among cryptocurrencies | #322 |
| Rank counting claims | #3882 |
| Market capitalisation | $4,462 |
| Price | $0.000848 |
| Circulating supply | 5,260,968 AXE |
| Maximum supply | 21,000,000 AXE |
| Consensus family | Proof of Work |
| Consensus mechanism | X11 (Dash fork, masternodes) |
| Own hashrate | — |
| Network purpose | Payments |
| Ledger type | Single-asset ledger |
Market figures from the 28 October 2026 build. Open the live view for every exchange's price, and charts.
Grade pending. Axe's launch — how much went to insiders, whether it was sold to investors — is still being researched. A grade is not given until it is, so that a coin is never rated higher for what is not yet known.
| Criterion | Score | Basis |
|---|---|---|
| Leading Consensus Mechanisms (Source) | 10 | group average |
| Consensus: leader ladder | 10 | Proof of work: 10 of 10 on the ladder of consensus families ranked by their largest chain's market cap |
| Consensus: family ladder | 10 | Proof of work: 10 of 10 on the ladder of families ranked by the combined market cap of their chains |
| Cryptocurrency Standards (Source) | 8.4 | group average, 6 of 12 measured |
| Sound Money Properties (6 checks) (Source) | 8.3 | 5 of 6 points source |
| Scarcity (Limited supply · 1 Store of value · Whitepaper §6) | 10 | fixed maximum supply of 21 million: supply scale 10, cap 10 |
| Durability (Sustainability · 1 Store of value) | ✓ | 7 full years since its first recorded price, no halt, freeze or reversal in five years |
| Fungibility (Interchangeability · 3 Unit of account) | ✓ | every unit identical and worth any other |
| Portability (Scalability · 2 Medium of exchange) | ✗ | typical fee $2e-9; about 59 transactions a second, 3.9 on the throughput scale (5 is the busiest networks' median demand) |
| Divisibility (Flexibility · 3 Unit of account) | ✓ | 8 decimal places, the smallest unit worth $8.5e-12 |
| Verifiability (Authenticity check · 1 Store of value · Whitepaper §8) | ✓ | node software open source; light clients verify from headers or proofs |
| Scalability (fees, throughput, block time, block space, features) | 7.9 | average of 5 parts source |
| Fees ($0.001 or less 10, $1 or more 0) | 10 | typical fee $2e-9 |
| Throughput (2,478 a second, the busiest network's peak day, 10; 119, the median of the ten busiest, 5) | 3.9 | about 59 simple transactions a second |
| Block time (10 minutes 10, less either side) | 7.8 | a block every 2.5 minutes |
| Block space per 10 minutes (32 MB or more 10) | 7.6 | 2 MB limit, 8 MB per 10 minutes |
| Features (3 checks) | 10 | 3 of 3 passed |
| Fast payments (Safe to accept within seconds · Whitepaper §11) | ✓ | Dash v19-based node with LLMQ InstantSend and ChainLocks (1.7.0 adds DIP24), so a payment locks within seconds if the masternode quorums are running. |
| Pruned nodes (Old history dropped, every rule checked · Whitepaper §7) | ✓ | -prune inherited through Dash Core from Bitcoin Core 0.11 (2015). |
| Light clients (Payments verified from headers · Whitepaper §8) | ✓ | X11 PoW header chain (Dash v19 base) with BIP37 merkleblock and BIP157 filters (SPV). |
| Security (miner pay and 7 checks) | — | 2 of 3 points, 6 not yet measured source |
| Miner pay (A day, $1,000 0 to $10 million 10; 2 points) | – | |
| Own hashrate (Half its algorithm's largest, not merge-mined) | – | |
| Largest pool (Pool or validator under 50%) | – | |
| Largest three (Under 75% together) | – | |
| Clients (More than one maintained) | ✗ | 1 |
| Open source (Node software) | ✓ | Axe Core is maintained by the small AXErunners volunteer group on GitHub/GitLab (MIT); no company found. |
| Real use (1,000+ transactions a day) | – | |
| No 51% attack (Nor a deep reorganisation, five years) | ✓ | |
| Decentralisation | 10 | section average, 3 of 8 measured |
| Censorship resistant (Source) | 10 | No authority can halt the chain or freeze funds: No protocol party can freeze or claw back coins; as in Dash, a spork key can toggle features but not seize funds. source |
| No central team (Source) | 10 | No central team: Axe Core is maintained by the small AXErunners volunteer group on GitHub/GitLab (MIT); no company found. source |
| Who can mint (Source) | 10 | Proof of work: 10 of 10 on the ladder of who produces blocks |
| Nodes (Source) | — | Not yet counted |
| Holder concentration (Source) | — | Not yet measured |
| Premine (allocated at launch) | — | Project docs list 'No premine'; genesis 2018-02-09 with Dash's difficulty-based early subsidy (up to 500 AXE per block for the first 5,200 blocks), which can produce an instamine at low difficulty. No live explorer could be reached to check early blocks, so not established. |
| Fundraising | — | Launch not yet researched |
| Developer share (after launch) | — | Developer share: 10% of each new block reward goes to them today. Dash-copied rule: from block 271,350 10% of each block subsidy is withheld for masternode-voted superblock budget payments (GetBlockSubsidy in validation.cpp; superblocks start at 304,800). Cumulative share cannot be computed without a working explorer. source |
| Privacy | 4 | section average |
| Privacy (5 checks) | 4 | 2 of 5 passed source |
| Protocol level privacy (Keys not tied to an identity · Whitepaper §10) | ✓ | Addresses are hashes of keys users generate themselves; the node checks scripts and signatures, with no identity condition in its consensus rules. |
| UTXO ledger (A new key for each payment · Whitepaper §2, §9) | ✓ | |
| Network privacy (Origin hidden by default) | ✗ | No Dandelion relay; Tor/onion is an optional -onion/-proxy setting in the Bitcoin-derived node, not on by default. |
| Hidden amounts (Amounts confidential) | ✗ | CoinJoin mixing at most; amounts stay public. |
| Hidden parties (Sender and receiver hidden) | ✗ | CoinJoin-style mixing only; no ring signatures, zero-knowledge proofs or stealth addresses. |
| Programmability (tokens, contracts, 5 checks) | 3.3 | 3 of 9 points source |
| Token issuance | 0 | No token issuance on the chain itself |
| Smart contracts (Scripting for spending conditions) | 1 | Dash-derived Script limited to spending conditions. |
| Multisig and time locks (Without a third party) | ✓ | CHECKMULTISIG plus CLTV (BIP65 height 1) and a BIP9 CSV deployment in Axe mainnet parameters. |
| Atomic swaps (With other chains) | ✓ | HTLCs expressible with OP_SHA256/OP_HASH160 and OP_CHECKLOCKTIMEVERIFY. |
| Native exchange (Built into the protocol) | ✗ | No exchange in the protocol. |
| Cross-chain messaging (Verified by the chain itself) | ✗ | No protocol-level cross-chain messaging. |
| NFTs (Carried by the chain's rules) | ✗ | No token or NFT type in the consensus rules. |
| Supply & Demand | 5 | group average |
| Supply & Demand (Source) | 0 | average of 2 measures |
| Exchanges (10 or more: 10) | 0 | no exchange the site reads trades it |
| Daily volume ($10K 0, $1B or more 10) | – | no volume reported |
| Turnover (volume ÷ market cap, 5% a day: 10) | – | not measured |
| Order-book depth (bids and asks within 2% ÷ market cap, 1%: 10) | – | no order book on the nine exchanges read |
| Market cap ($1M 0, $10B or more 10) | 0 | $4K, 0 on a scale of 2.5 points per tenfold |
| Paper trading (futures, options and margin ÷ market cap, 0%: 10, 100%: 0) | – | not measured |
| Supply (smaller is better) | 10 | fixed maximum supply of 21 million |
| Record | 5.7 | group average |
| Record (origin, claims, halts) | 10 | 3 positive, 0 negative source |
| Positive record | ||
| Launched with a stated purpose, not as a joke | ✓ | |
| No claims by its founders that contradict its own design | ✓ | |
| No halt, freeze or reversal in five years | ✓ | |
| Age (years since genesis) (Source) | 7 | 7 full years since 2019-05-08, the first day with a recorded price (genesis not yet researched, so the age can only be understated). |
| Development (work, improvements, unfixed issues) | 0 | 1 positive, 4 negative, 2 not yet researched source |
| Positive | ||
| Steady work, 2 of 6 | ✓ | 0 commits in 0 of the last 12 months (github.com/AXErunners/axe); Axe Core 1.7.0 released 2024-12-11 (DIP20/21/24, Dash v19 upstream) is the only release in the last 24 months; previous 1.6.1.1 in November 2020. |
| Negative | ||
| Unfixed vulnerability, disclosed 2024-07-31, −1 | ✗ | CVE-2024-52919: addr-message spam can overflow the address manager's 32-bit id counter and crash the node, with no addr rate limit; still in Axe v1.7.0. |
| Unfixed vulnerability, disclosed 2024-09-18, −1 | ✗ | CVE-2019-25220: a long low-difficulty header chain can exhaust memory because the node has no headers pre-synchronisation; still in Axe v1.7.0. |
| Unfixed vulnerability, disclosed 2024-10-08, −1 | ✗ | CVE-2024-35202: a crafted blocktxn message trips the assert in compact-block reconstruction and crashes the node; still in Axe v1.7.0. |
| Unfixed vulnerability, disclosed 2026-05-05, −1 | ✗ | CVE-2024-52911: a crafted invalid block can make script-check threads read freed precomputed transaction data and crash the node; still in Axe v1.7.0. |
| Not yet researched | ||
| Shipped a security fix in two years | – | |
| Shipped a new capability for users in two years | – | |
Twenty criteria, weighted equally. The Cryptocurrency Standards have five sections: sound money (six qualities: scarcity, durability, fungibility, portability, divisibility, verifiability), scalability (four measures and three features), security (miner pay and seven checks), decentralisation (censorship resistance, no central team, who can mint, nodes, holders, premine, fundraising and developer share) and privacy (five checks); programmability (token issuance, smart contracts and five checks) follows them. Provisional: criteria marked — are not yet measured and are left out of the average. A rating of structure and market depth, not a price forecast or investment advice. How the grade is built · Highest-graded cryptocurrencies.
5,260,968 of a maximum 21,000,000 AXE are in circulation — 25.1% of the total that will ever exist.
| Developer share of new coins today | 10% |
|---|
Project docs list 'No premine'; genesis 2018-02-09 with Dash's difficulty-based early subsidy (up to 500 AXE per block for the first 5,200 blocks), which can produce an instamine at low difficulty. No live explorer could be reached to check early blocks, so not established.
None found.
No sale documented; not established.
Dash-copied rule: from block 271,350 10% of each block subsidy is withheld for masternode-voted superblock budget payments (GetBlockSubsidy in validation.cpp; superblocks start at 304,800). Cumulative share cannot be computed without a working explorer.
Market cap about $4.5k; whether the chain still produces blocks could not be confirmed. The docs are rebranded Dash documentation and CoinMarketCap's 'no developer fee' description conflicts with the 10% budget in the code.
Sources: github.com · github.com · github.com · sharpening-docs.readthedocs.io · coinmarketcap.com. Researched 2026-10-26, low confidence.
No source we can reach publishes a hashrate for Axe.
No SEC/CFTC determination — unclassified.
The regulator's position, reported as stated, not CoinSpectrum's. Assets nobody has ruled on are left unclassified rather than sorted by a guess.
Axe is #322 among cryptocurrencies and #3882 in the market ranking, which lists wrapped coins, staked derivatives, stablecoins and tokens alongside them. CoinSpectrum counts an asset once, and counts only cryptocurrencies: assets with their own blockchain and their own consensus. A wrapped coin, a staked derivative or a stablecoin is a claim on something already counted; a token, memecoin or otherwise, runs on another chain's blocks. All of them are listed, each in its own section, and none is added to the total. The 3560 places between Axe's two ranks are held by claims and tokens, not by other networks. The methodology sets out the rule and the counting rule argues for it.
The price above is the median of the exchanges the site reads live, checked every minute and cross-checked against a market snapshot (how market data is gathered). The grade is scored on published criteria, each with its source (the method). The site is independent, nothing on it is a paid placement, and its statements are signed (about CoinSpectrum, the manifesto).