Deutsche eMark ranks #285 of 504 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #2627: 2342 of the 2626 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 2884 non-native assets CoinSpectrum lists above it by market cap, about 81% are tokens, 16% are claims on other assets and 3% are memecoins.
| CoinSpectrum Grade | pending — launch under review |
|---|---|
| Rank among cryptocurrencies | #285 |
| Rank counting claims | #2627 |
| Market capitalisation | $254,476 |
| Price | $0.00161 |
| Circulating supply | 158,230,419 DEM |
| Maximum supply | no fixed cap |
| Consensus family | Hybrid |
| Consensus mechanism | SHA-256 PoW + PoS |
| Own hashrate | — |
| Network purpose | Payments |
| Ledger type | Single-asset ledger |
| Launch distribution | Premine |
Market figures from the 28 October 2026 build. Open the live view for every exchange's price, and charts.
Grade pending. What Deutsche eMark pays its miners is not yet measured. 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) | 4.5 | group average |
| Consensus: leader ladder | 4.5 | Hybrid: 4.5 of 10 on the ladder of consensus families ranked by their largest chain's market cap |
| Consensus: family ladder | 4.5 | Hybrid: 4.5 of 10 on the ladder of families ranked by the combined market cap of their chains |
| Cryptocurrency Standards (Source) | 5.3 | group average, 10 of 12 measured |
| Sound Money Properties (6 checks) (Source) | 4 | 2.4 of 6 points source |
| Scarcity (Limited supply · 1 Store of value · Whitepaper §6) | 4.4 | no fixed maximum; 158 million in circulation: supply scale 8.8, cap 0 |
| Durability (Sustainability · 1 Store of value) | ✗ | 12 full years since its first recorded price, one 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 $0.0000017; about 74 transactions a second, 4.2 on the throughput scale (5 is the busiest networks' median demand) |
| Divisibility (Flexibility · 3 Unit of account) | ✓ | 6 decimal places, the smallest unit worth $1.6e-9 |
| Verifiability (Authenticity check · 1 Store of value · Whitepaper §8) | ✗ | node software open source; no light clients or pruned nodes |
| Scalability (fees, throughput, block time, block space, features) | 6.4 | average of 5 parts source |
| Fees ($0.001 or less 10, $1 or more 0) | 10 | typical fee $0.0000017 |
| Throughput (2,478 a second, the busiest network's peak day, 10; 119, the median of the ten busiest, 5) | 4.2 | about 74 simple transactions a second |
| Block time (10 minutes 10, less either side) | 6.3 | a block every 57.7 seconds |
| Block space per 10 minutes (32 MB or more 10) | 8.1 | 1 MB limit, 10.4 MB per 10 minutes |
| Features (3 checks) | 3.3 | 1 of 3 passed |
| Fast payments (Safe to accept within seconds · Whitepaper §11) | ✓ | The NovaCoin/PPCoin-based node has transaction replacement disabled, so it relays the first-seen spend; blocks alone (2 min) would not qualify. |
| Pruned nodes (Old history dropped, every rule checked · Whitepaper §7) | ✗ | The eMark 2.1.0 node (pre-0.11 Bitcoin-era main.cpp) has no -prune option. |
| Light clients (Payments verified from headers · Whitepaper §8) | ✗ | Deutsche eMark is a PoW/PoS hybrid whose proof-of-stake blocks carry no proof of work for a header-only client to check, and no light client ships for it. |
| Security (miner pay and 7 checks) | 3 | 2 of 6 points, 3 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%) | ✗ | 70.3% |
| Largest three (Under 75% together) | ✗ | 94.6% |
| Clients (More than one maintained) | ✗ | 0 |
| Open source (Node software) | ✓ | The emarkproject team (MIT licence) maintains the only client and decided the 2023 relaunch, the taint list and the 20M community reserve. |
| Real use (1,000+ transactions a day) | ✗ | about 397 a day |
| No 51% attack (Nor a deep reorganisation, five years) | ✓ | |
| Decentralisation | 6 | section average, 6 of 8 measured |
| Censorship resistant (Source) | 0 | An authority can halt the chain or freeze funds: The 2023 relaunch, decided by the developers, left hack-derived outputs off the new chain, a claw-back of specific coins; the code also keeps PPCoin-style sync checkpoints. source |
| No central team (Source) | 0 | A central team directs it: The emarkproject team (MIT licence) maintains the only client and decided the 2023 relaunch, the taint list and the 20M community reserve. source |
| Who can mint (Source) | 7.1 | Hybrid: 7.1 of 10 on the ladder of who produces blocks |
| Nodes (Source) | — | Not yet counted |
| Holder concentration (Source) | — | Not yet measured |
| Premine (allocated at launch) | 8.9 | 11.41% of today's supply allocated at launch to founders, a company, a foundation or investors. The March 2023 relaunch (v2 genesis 2023-03-08) minted 20,000,000 DEM in block 2, 'reserved for representatives of the Deutsche eMark community to enhance DEM development and marketing', a discretionary allocation: 20M / 175.25M supply (cryptoid, 2026-10-26) = 11.41%. Block 1's 130,149,312 DEM re-created holders' untainted balances from the old chain and is not counted. The 2013 launch was claimed to have no premine. source |
| Fundraising | 10 | No sale of the coin source |
| Developer share (after launch) | 10 | No developer share: every new coin goes to the miners or validators who produce blocks. Proof-of-work rewards (25 DEM halving every 500,000 blocks) and 3.8%/yr stake rewards go entirely to block producers; the 20M reserve was a one-off block-2 mint, counted as premine. 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 or default Tor in the eMark 2.1.0 node (old Bitcoin/Peercoin-era codebase). |
| Hidden amounts (Amounts confidential) | ✗ | Transparent transactions: amounts are public on chain. |
| Hidden parties (Sender and receiver hidden) | ✗ | Transparent addresses: sender and receiver are public on chain. |
| Programmability (tokens, contracts, 5 checks) | 1.1 | 1 of 9 points source |
| Token issuance | 0 | No token issuance on the chain itself |
| Smart contracts (Scripting for spending conditions) | 1 | PPCoin-era Bitcoin Script limited to spending conditions. |
| Multisig and time locks (Without a third party) | ✗ | CHECKMULTISIG exists, but eMark's script engine treats OP_NOP2 as a no-op, so there is no CLTV or CSV time-locked spending. |
| Atomic swaps (With other chains) | ✗ | Without CLTV or CSV the chain cannot express an HTLC refund path. |
| 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 | 4.4 | 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 | $254K, 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) | 8.8 | no fixed maximum; 158 million in circulation |
| Record | 6.3 | group average |
| Record (origin, claims, halts) | 9 | 2 positive, 1 negative source |
| Positive record | ||
| Launched with a stated purpose, not as a joke | ✓ | |
| No claims by its founders that contradict its own design | ✓ | |
| Negative record | ||
| Halt, freeze or reversal, 2023-03-08 | ✗ | After a vulnerability introduced in v1.3 was exploited, the developers relaunched DEM as a new chain (v2 genesis 8 March 2023) that copied only untainted unspent outputs; outputs traced to the hack were excluded (about 8M already sold were spared), and 20M DEM was minted for community representatives. |
| Age (years since genesis) (Source) | 10 | 12 full years since 2013-12-15, the first day with a recorded price (genesis not yet researched, so the age can only be understated). |
| Development (work, improvements, unfixed issues) | 0 | 0 positive, 4 negative source |
| Negative | ||
| Steady work, 0 of 6 | ✗ | 0 commits in 0 of the last 12 months (github.com/emarkproject/eMark); Last release 2.1.0, 2023-07-27 (tags v2.1.1.0 and v2.1.0.1 the same week); last commit 2023-09-11; nothing in the last 24 months. |
| Unfixed vulnerability, disclosed 2024-07-03, −1 | ✗ | CVE-2024-52914: crafted orphan transactions can stall the node for hours in the uninterruptible orphan-resolution loop; still in Deutsche eMark 2.0.1. |
| Unfixed vulnerability, disclosed 2024-07-03, −1 | ✗ | CVE-2020-14198: misbehaving peers are auto-banned into an unbounded ban list, so many attacker addresses can exhaust CPU and memory; still in Deutsche eMark 2.0.1. |
| 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 Deutsche eMark 2.0.1. |
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.
158,230,419 DEM are in circulation, against no fixed cap — issuance has no defined end.
| Premine (allocated at launch) | 11.41% of today's supply |
|---|---|
| Developer share received since launch | 0% of today's supply |
| Developer share of new coins today | 0% |
| Fundraising | No sale and no investor round |
The March 2023 relaunch (v2 genesis 2023-03-08) minted 20,000,000 DEM in block 2, 'reserved for representatives of the Deutsche eMark community to enhance DEM development and marketing', a discretionary allocation: 20M / 175.25M supply (cryptoid, 2026-10-26) = 11.41%. Block 1's 130,149,312 DEM re-created holders' untainted balances from the old chain and is not counted. The 2013 launch was claimed to have no premine.
No ICO or sale; the 2013 ANN states there was no premine.
Whether the 20M community reserve has been sold is not documented.
Proof-of-work rewards (25 DEM halving every 500,000 blocks) and 3.8%/yr stake rewards go entirely to block producers; the 20M reserve was a one-off block-2 mint, counted as premine.
The date of the exploit on the old chain is not documented; only the relaunch date (v2 genesis 2023-03-08, release 2.0.1 on 2023-03-09) is known. The deutsche-emark.org site still states a 12.5 DEM block reward, but the code (25 DEM >> height/500,000) and recent blocks show 6.25 DEM at height ~1.48M. clients is 0 because the last release (2.1.0, July 2023) is older than 24 months.
Sources: github.com · github.com · github.com · github.com · chainz.cryptoid.info. Researched 2026-10-26, medium confidence.
No source we can reach publishes a hashrate for Deutsche eMark.
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.
Deutsche eMark is #285 among cryptocurrencies and #2627 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 2342 places between Deutsche eMark'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).