Karura ranks #283 of 504 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #2616: 2333 of the 2615 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 2875 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 | #283 |
| Rank counting claims | #2616 |
| Market capitalisation | $259,948 |
| Price | $0.00223 |
| Circulating supply | 116,666,660 KAR |
| Maximum supply | no fixed cap |
| Consensus family | Proof of Stake |
| Consensus mechanism | NPoS (Kusama parachain) |
| Network purpose | Financial ledger |
| 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. Karura'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) | 9.1 | group average |
| Consensus: leader ladder | 9.1 | Proof of stake: 9.1 of 10 on the ladder of consensus families ranked by their largest chain's market cap |
| Consensus: family ladder | 9.1 | Proof of stake: 9.1 of 10 on the ladder of families ranked by the combined market cap of their chains |
| Cryptocurrency Standards (Source) | 6.9 | group average, 4 of 12 measured |
| Sound Money Properties (6 checks) (Source) | 8.8 | 3.5 of 4 points, 2 not yet measured |
| Scarcity (Limited supply · 1 Store of value · Whitepaper §6) | 4.5 | no fixed maximum; 117 million in circulation: supply scale 9, cap 0 |
| Durability (Sustainability · 1 Store of value) | – | 5 full years since its first recorded price, record not yet reviewed |
| Fungibility (Interchangeability · 3 Unit of account) | ✓ | every unit identical and worth any other |
| Portability (Scalability · 2 Medium of exchange) | ✓ | typical fee $0.0000048; about 116 transactions a second, 5 on the throughput scale (5 is the busiest networks' median demand) |
| Divisibility (Flexibility · 3 Unit of account) | ✓ | 12 decimal places, the smallest unit worth $2.2e-15 |
| Verifiability (Authenticity check · 1 Store of value · Whitepaper §8) | – | light clients verify from headers or proofs |
| Scalability (fees, throughput, block time, block space, features) | 7.8 | average of 5 parts source |
| Fees ($0.001 or less 10, $1 or more 0) | 10 | typical fee $0.0000048 |
| Throughput (2,478 a second, the busiest network's peak day, 10; 119, the median of the ten busiest, 5) | 5 | about 116 simple transactions a second |
| Block time (10 minutes 10, less either side) | 3.9 | a block every 12.4 seconds |
| Block space per 10 minutes (32 MB or more 10) | 10 | 3.67 MB limit, 178 MB per 10 minutes |
| Features (3 checks) | 10 | 2 of 2 passed, 1 not yet researched |
| Fast payments (Safe to accept within seconds · Whitepaper §11) | – | |
| Pruned nodes (Old history dropped, every rule checked · Whitepaper §7) | ✓ | Substrate --state-pruning and --blocks-pruning with warp sync keep only recent state and blocks. |
| Light clients (Payments verified from headers · Whitepaper §8) | ✓ | Kusama parachain: smoldot verifies relay-chain GRANDPA finality and the parachain head without a trusted server. |
| Security (miner pay and 7 checks) | — | 0 of 3 points, 6 not yet measured |
| Miner pay (A day, $1,000 0 to $10 million 10; 2 points) | 0 | not mined |
| Own hashrate (Half its algorithm's largest, not merge-mined) | ✗ | not mined |
| Largest pool (Pool or validator under 50%) | – | |
| Largest three (Under 75% together) | – | |
| Clients (More than one maintained) | – | |
| Open source (Node software) | – | |
| Real use (1,000+ transactions a day) | – | |
| No 51% attack (Nor a deep reorganisation, five years) | – | |
| Decentralisation | 8.6 | section average, 1 of 8 measured |
| Censorship resistant (Source) | — | Not yet researched |
| No central team (Source) | — | Not yet researched |
| Who can mint (Source) | 8.6 | Proof of stake: 8.6 of 10 on the ladder of who produces blocks |
| Nodes (Source) | — | Not yet counted |
| Holder concentration (Source) | — | Not yet measured |
| Premine (allocated at launch) | — | Launch not yet researched |
| Fundraising | — | Launch not yet researched |
| Developer share (after launch) | — | Not yet researched |
| Privacy | 2.5 | section average |
| Privacy (5 checks) | 2.5 | 1 of 5 passed, 1 not yet measured source |
| Protocol level privacy (Keys not tied to an identity · Whitepaper §10) | ✓ | Accounts are user-generated sr25519/ECDSA keys checked by the balances pallet, with no identity condition on transfers. |
| UTXO ledger (A new key for each payment · Whitepaper §2, §9) | – | |
| Network privacy (Origin hidden by default) | ✗ | Substrate libp2p gossip has no origin hiding; no Dandelion or built-in Tor. |
| Hidden amounts (Amounts confidential) | ✗ | Transparent balances. |
| Hidden parties (Sender and receiver hidden) | ✗ | Plain public accounts. |
| Programmability (tokens, contracts, 5 checks) | 10 | 9 of 9 points source |
| Token issuance (At protocol level) | 2 | ERC-20 contracts on Karura's EVM+, live since 2022 (the canary network for Acala EVM+), where any account can take the developer role to deploy and pay a fee to publish. |
| Smart contracts (General-purpose) | 2 | Acala EVM+ (module_evm) on the Karura Kusama parachain, live since 2022; any account can take the developer role to deploy. |
| Multisig and time locks (Without a third party) | ✓ | pallet_multisig in the Karura runtime, plus time-lock contracts on EVM+. |
| Atomic swaps (With other chains) | ✓ | Hash-time-locked contracts are expressible in Solidity on its EVM, as in EVM HTLC swap implementations. |
| Native exchange (Built into the protocol) | ✓ | module_dex, a protocol AMM, plus the StableAsset pallet in the Karura runtime. |
| Cross-chain messaging (Verified by the chain itself) | ✓ | XCM through pallet_xcm, XcmpQueue and orml_xtokens as a Kusama parachain. |
| NFTs (Carried by the chain's rules) | ✓ | module_nft (orml_nft) native NFT pallet in the Karura runtime, plus ERC-721 on EVM+. |
| Supply & Demand | 4.5 | 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 | $260K, 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) | 9 | no fixed maximum; 117 million in circulation |
| Record | 3 | group average, 2 of 3 measured |
| Record (origin, claims, halts) | — | Not yet reviewed |
| Age (years since genesis) (Source) | 5 | 5 full years since 2021-07-21, the first day with a recorded price (genesis not yet researched, so the age can only be understated). |
| Development (work, improvements, unfixed issues) | 1 | 1 positive, 0 negative source |
| Positive | ||
| Shipped a security fix in two years, +1 | ✓ | Acala & Karura 2.37.0 (Aug 2026): governance parameter changes to 'prevent spam attack'. |
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.
116,666,660 KAR are in circulation, against no fixed cap — issuance has no defined end.
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.
Karura is #283 among cryptocurrencies and #2616 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 2333 places between Karura'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).