Obyte (GBYTE)

Obyte ranks #182 of 504 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #1309: 1127 of the 1308 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 1532 non-native assets CoinSpectrum lists above it by market cap, about 73% are tokens, 20% are claims on other assets and 6% are memecoins.

CoinSpectrum GradeB · 64/100 · provisional
Rank among cryptocurrencies#182
Rank counting claims#1309
Market capitalisation$4M
Price$4.48
Circulating supply947,246 GBYTE
Maximum supply1,000,000 GBYTE
Consensus familyFederated
Consensus mechanismOrder-provider DAG (Byteball)
Ledger typeMulti-asset ledger
Launch distributionPremine

Market figures from the 28 October 2026 build. Open the live view for every exchange's price, and charts.

CoinSpectrum Grade (Source)

B — 64 out of 100, provisional (from 19 of 20 criteria, 28 October 2026 build). With what is not yet measured anywhere from nothing to full marks, the score would be 60 to 66 (C to B).

CriterionScoreBasis
Leading Consensus Mechanisms (Source)8.2group average
Consensus: leader ladder8.2Federated: 8.2 of 10 on the ladder of consensus families ranked by their largest chain's market cap
Consensus: family ladder8.2Federated: 8.2 of 10 on the ladder of families ranked by the combined market cap of their chains
Cryptocurrency Standards (Source)5.7group average, 11 of 12 measured
Sound Money Properties (6 checks) (Source)9.84.9 of 5 points, 1 not yet measured source
Scarcity (Limited supply · 1 Store of value · Whitepaper §6)8.7fixed maximum supply of 1 million: supply scale 7.4, cap 10
Durability (Sustainability · 1 Store of value)✓9 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 $0.000005
Divisibility (Flexibility · 3 Unit of account)✓9 decimal places, the smallest unit worth $4.5e-9
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)6.2average of 3 parts source
Fees ($0.001 or less 10, $1 or more 0)10typical fee $0.000005
Throughput (2,478 a second, the busiest network's peak day, 10; 119, the median of the ten busiest, 5)–not yet measured
Block time (10 minutes 10, less either side)5.3a block every 30 seconds
Block space per 10 minutes (32 MB or more 10)–not yet measured
Features (3 checks)3.31 of 3 passed
Fast payments (Safe to accept within seconds · Whitepaper §11)✗A unit becomes final when it is stabilised by the order providers' units on the main chain, which takes minutes, and there is no protected zero-confirmation mechanism.
Pruned nodes (Old history dropped, every rule checked · Whitepaper §7)✗Full nodes keep the whole DAG; no pruning mode.
Light clients (Payments verified from headers · Whitepaper §8)✓ocore light clients receive witness proofs and a proofchain from a light vendor and verify them against order-provider signatures (light.js / witness_proof.js).
Security (miner pay and 7 checks)44 of 9 points source
Miner pay (A day, $1,000 0 to $10 million 10; 2 points)0not mined
Own hashrate (Half its algorithm's largest, not merge-mined)✗not mined
Largest pool (Pool or validator under 50%)✓41.7%
Largest three (Under 75% together)✓58.3%
Clients (More than one maintained)✗1
Open source (Node software)✓The only node implementation, byteball/ocore (MIT) with its wallets, is developed by founder Tony (Anton) Churyumoff and the Obyte team / Obyte Foundation (Liechtenstein).
Real use (1,000+ transactions a day)✗about 129 a day
No 51% attack (Nor a deep reorganisation, five years)✓
Decentralisation5.6section average, 7 of 8 measured
Censorship resistant (Source)10No authority can halt the chain or freeze funds: No protocol-level freeze, blacklist or clawback of bytes; order providers only order units and cannot block transfers, though the founder runs 5 of the 12 order-provider seats (7 are needed to advance the main chain). source
No central team (Source)0A central team directs it: The only node implementation, byteball/ocore (MIT) with its wallets, is developed by founder Tony (Anton) Churyumoff and the Obyte team / Obyte Foundation (Liechtenstein). source
Who can mint (Source)5.7Federated: 5.7 of 10 on the ladder of who produces blocks
Nodes (Source)3.511 active validators or block producers (source: Order)
Holder concentration (Source)—Not yet measured
Premine (allocated at launch)0100% of today's supply allocated at launch to founders, a company, a foundation or investors. The entire 10^15 bytes (1,000,000 GBYTE) were created in the genesis unit (Dec 2016); there is no mining or staking issuance. Distribution was by founder-designed airdrops (to BTC and byte holders, 645,341+ GBYTE through 2017), then cashback, referral and grant programmes. The founder and team kept ~1%. A chain with no open minting is 100. source
Fundraising10No sale of the coin source
Developer share (after launch)10No developer share: every new coin goes to the miners or validators who produce blocks. The whole supply was created in the Dec 2016 genesis unit; there is no mining or staking issuance. source
Privacy4section average
Privacy (5 checks)42 of 5 passed source
Protocol level privacy (Keys not tied to an identity · Whitepaper §10)✓Accounts are created from keys users generate themselves; transfers are validated by signature, with no identity condition in the protocol.
UTXO ledger (A new key for each payment · Whitepaper §2, §9)✓
Network privacy (Origin hidden by default)✗Units are broadcast directly to hubs and peers over WebSocket; no Dandelion or built-in Tor by default.
Hidden amounts (Amounts confidential)✗Private payments apply only to separate private assets such as blackbytes; native GBYTE transfers show their amounts.
Hidden parties (Sender and receiver hidden)✗No ring signatures, ZK sender proofs or stealth addresses; private payments rely on off-chain payload transfer instead.
Programmability (tokens, contracts, 5 checks)7.87 of 9 points source
Token issuance (At protocol level)2Native assets that any address can define and issue, plus Autonomous Agents (Oscript contracts) that can issue assets.
Smart contracts (General-purpose)2Autonomous Agents written in Oscript, deployable from public editors, run DEXs (Oswap), stablecoins and other applications on mainnet.
Multisig and time locks (Without a third party)✓Address definitions support 'r of set' (m-of-n signatures) and 'timestamp'/'mci' conditions in the ocore validation rules.
Atomic swaps (With other chains)✓Address definitions combine 'hash' (preimage reveal) with time conditions, which expresses an HTLC.
Native exchange (Built into the protocol)✗No exchange in the ledger rules; Oswap and other DEXs are Autonomous Agents.
Cross-chain messaging (Verified by the chain itself)✗Counterstake bridges are Autonomous Agents secured by stakers' claims and challenges, not cross-chain verification by Obyte nodes.
NFTs (Carried by the chain's rules)✓Native assets any address can define, with a cap (total supply) that can be set to 1 for a unique token.
Supply & Demand5group average
Supply & Demand (Source)2.5average of 5 measures
Exchanges (10 or more: 10)11 exchange
Daily volume ($10K 0, $1B or more 10)0$7 traded in 24 hours; #4191 by volume on the exchanges the site reads (scored on the median day of the last 30, $14)
Turnover (volume ÷ market cap, 5% a day: 10)00.00% of its market cap a day, median of the last 30 days
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)1.6$4.2M, 1.6 on a scale of 2.5 points per tenfold
Paper trading (futures, options and margin ÷ market cap, 0%: 10, 100%: 0)10no futures, options or margin on the exchanges read
Supply (smaller is better)7.4fixed maximum supply of 1 million
Record8.3group average
Record (origin, claims, halts)103 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)99 full years since 2016-12-27, the first day with a recorded price (genesis not yet researched, so the age can only be understated).
Development (work, improvements, unfixed issues)62 positive, 0 negative source
Positive
Steady work, 5 of 6✓63 commits in 10 of the last 12 months (github.com/byteball/obyte-gui-wallet); By the release rule: the reference wallet/full node byteball/obyte-gui-wallet shipped v5.0.1 (2024-12-05) and v5.0.2 (2025-01-21) in the last 24 months, after v5.0.0 on 2024-10-25; the core library byteball/ocore (MIT, untagged) is still committed to (last 2026-10-22, with an upcoming protocol upgrade being postponed), so development is ongoing even though releases are sparse.
Shipped a new capability for users in two years, +1✓Obyte v4 network upgrade (wallet 5.0.0, activated at MCI 10968000, Nov 2024): temporary data posting and on-chain voting for order providers and system variables.

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.

Supply

947,246 of a maximum 1,000,000 GBYTE are in circulation — 94.7% of the total that will ever exist.

Launch and allocation

Premine (allocated at launch)100% of today's supply
Sold by the issuer or insiders0% of today's supply
Developer share received since launch0% of today's supply
Developer share of new coins today0%
Nodes or validators11
FundraisingNo sale and no investor round

The entire 10^15 bytes (1,000,000 GBYTE) were created in the genesis unit (Dec 2016); there is no mining or staking issuance. Distribution was by founder-designed airdrops (to BTC and byte holders, 645,341+ GBYTE through 2017), then cashback, referral and grant programmes. The founder and team kept ~1%. A chain with no open minting is 100.

No ICO or sale; free distribution. About 85% of supply reportedly distributed via programmes, grants and rewards. Any market sales from the undistributed funds are not documented.

The whole supply was created in the Dec 2016 genesis unit; there is no mining or staking issuance.

Founder-retained share is given as 1% (99% distributed) in secondary sources; one query premise of 98% isn't supported. The 100 reflects the brief's rule (no open minting, founder-decided airdrops), not a large team holding.

Sources: obyte.org · hackernoon.com · sia.hackernoon.com · coinranking.com · btc-echo.de. Researched 2026-10-26, high confidence.

What a regulator has said

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.

How CoinSpectrum ranks Obyte

Obyte is #182 among cryptocurrencies and #1309 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 1127 places between Obyte'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).

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