Neutron ranks #288 of 504 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #2668: 2380 of the 2667 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 2928 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 | #288 |
| Rank counting claims | #2668 |
| Market capitalisation | $231,119 |
| Price | $0.000381 |
| Circulating supply | 605,925,542 NTRN |
| Maximum supply | no fixed cap |
| Consensus family | Other |
| Consensus mechanism | — not yet curated |
| 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. Neutron'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) | — | group average, 0 of 2 measured |
| Consensus: leader ladder | — | Consensus not yet reviewed |
| Consensus: family ladder | — | Consensus not yet reviewed |
| Cryptocurrency Standards (Source) | 5.8 | group average, 3 of 12 measured |
| Sound Money Properties (6 checks) (Source) | 6.8 | 3.4 of 5 points, 1 not yet measured |
| Scarcity (Limited supply · 1 Store of value · Whitepaper §6) | 4.1 | no fixed maximum; 606 million in circulation: supply scale 8.1, cap 0 |
| Durability (Sustainability · 1 Store of value) | ✗ | 3 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 $4e-7; about 594 transactions a second, 7.6 on the throughput scale (5 is the busiest networks' median demand) |
| Divisibility (Flexibility · 3 Unit of account) | ✓ | 6 decimal places, the smallest unit worth $3.8e-10 |
| Verifiability (Authenticity check · 1 Store of value · Whitepaper §8) | – | light clients verify from headers or proofs |
| Scalability (fees, throughput, block time, block space, features) | 8.1 | average of 5 parts source |
| Fees ($0.001 or less 10, $1 or more 0) | 10 | typical fee $4e-7 |
| Throughput (2,478 a second, the busiest network's peak day, 10; 119, the median of the ten busiest, 5) | 7.6 | about 594 simple transactions a second |
| Block time (10 minutes 10, less either side) | 3 | a block every 6.95 seconds |
| Block space per 10 minutes (32 MB or more 10) | 10 | 22 MB limit, 1900 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) | ✓ | Cosmos SDK pruning ('default'/'everything') plus CometBFT min-retain-blocks and state sync let a node keep only recent state and blocks. |
| Light clients (Payments verified from headers · Whitepaper §8) | ✓ | Neutron v9+ runs CometBFT 0.38.21, whose light client (used by IBC) verifies headers from validator signatures. |
| 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 | — | section average, 0 of 8 measured |
| Censorship resistant (Source) | — | Not yet researched |
| No central team (Source) | — | Not yet researched |
| Who can mint (Source) | — | Consensus not yet reviewed |
| 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 created from user-generated keys in the Cosmos SDK auth and bank modules, with no identity check on holding or sending. |
| UTXO ledger (A new key for each payment · Whitepaper §2, §9) | – | |
| Network privacy (Origin hidden by default) | ✗ | CometBFT gossips transactions without origin hiding; no Dandelion or built-in Tor. |
| Hidden amounts (Amounts confidential) | ✗ | Transparent bank-module transfers. |
| Hidden parties (Sender and receiver hidden) | ✗ | Plain public bech32 accounts. |
| Programmability (tokens, contracts, 5 checks) | 10 | 9 of 9 points source |
| Token issuance (At protocol level) | 2 | CosmWasm contracts (CW-20) that any account can deploy without a governance whitelist, plus the Token Factory module for native denoms. |
| Smart contracts (General-purpose) | 2 | CosmWasm (wasm module) in the Neutron app, with permissionless contract upload, running DEXs, lending and vaults on mainnet. |
| Multisig and time locks (Without a third party) | ✓ | Cosmos SDK multisig keys and CW3 multisig contracts, plus time-lock logic in CosmWasm contracts. |
| Atomic swaps (With other chains) | ✓ | Hash-time-locked contracts are expressible in CosmWasm. |
| Native exchange (Built into the protocol) | ✓ | x/dex, a concentrated-liquidity order book module (formerly Duality), in the Neutron v11 app. |
| Cross-chain messaging (Verified by the chain itself) | ✓ | IBC core with light clients, plus interchain accounts (x/interchaintxs) and interchain queries. |
| NFTs (Carried by the chain's rules) | ✓ | CW-721 contracts run on its CosmWasm. |
| Supply & Demand | 4.1 | group average |
| Supply & Demand (Source) | 0 | average of 4 measures |
| Exchanges (10 or more: 10) | 0 | no exchange the site reads trades it |
| Daily volume ($10K 0, $1B or more 10) | 0 | $2 traded in 24 hours; #4256 by volume |
| Turnover (volume ÷ market cap, 5% a day: 10) | 0 | 0.00% of its market cap a day |
| 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 | $231K, 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) | 8.1 | no fixed maximum; 606 million in circulation |
| Record | 2.5 | group average, 2 of 3 measured |
| Record (origin, claims, halts) | — | Not yet reviewed |
| Age (years since genesis) (Source) | 3 | 3 full years since 2023-06-13, the first day with a recorded price (genesis not yet researched, so the age can only be understated). |
| Development (work, improvements, unfixed issues) | 2 | 2 positive, 0 negative source |
| Positive | ||
| Shipped a security fix in two years, +1 | ✓ | Neutron v9.1.3, Jan 2026: CometBFT v0.38.21 for a critical vulnerability; v9.1.2 (Jan 2026) was a binary-only security fix. |
| Shipped a new capability for users in two years, +1 | ✓ | Neutron v8.0.0, Aug 2025 (height 33,397,000): EIP-191 signing support, so Ethereum-wallet signatures are accepted for transactions. |
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.
605,925,542 NTRN 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.
Neutron is #288 among cryptocurrencies and #2668 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 2380 places between Neutron'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).