Shardeum (New) (SHM)

Shardeum (New) ranks #250 of 504 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #2122: 1872 of the 2121 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 2375 non-native assets CoinSpectrum lists above it by market cap, about 79% are tokens, 17% are claims on other assets and 4% are memecoins.

CoinSpectrum Gradepending — launch under review
Rank among cryptocurrencies#250
Rank counting claims#2122
Market capitalisation$715,990
Price$0.0000382
Circulating supply18,736,946,919 SHM
Maximum supplyno fixed cap
Consensus familyProof of Stake
Consensus mechanismProof of Quorum (PoS-staked)
Network purposeSmart-contract platform
Ledger typeSingle-asset ledger

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

CoinSpectrum Grade (Source)

Grade pending. Shardeum (New)'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.

CriterionScoreBasis
Leading Consensus Mechanisms (Source)9.1group average
Consensus: leader ladder9.1Proof of stake: 9.1 of 10 on the ladder of consensus families ranked by their largest chain's market cap
Consensus: family ladder9.1Proof of stake: 9.1 of 10 on the ladder of families ranked by the combined market cap of their chains
Cryptocurrency Standards (Source)6.4group average, 4 of 12 measured
Sound Money Properties (6 checks) (Source)6.63.3 of 5 points, 1 not yet measured
Scarcity (Limited supply · 1 Store of value · Whitepaper §6)3.1no fixed maximum; 18.7 billion in circulation: supply scale 6.1, cap 0
Durability (Sustainability · 1 Store of value)✗1 full year 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 $0.0018; about 851 transactions a second, 8.2 on the throughput scale (5 is the busiest networks' median demand)
Divisibility (Flexibility · 3 Unit of account)✓18 decimal places, the smallest unit worth $3.8e-23
Verifiability (Authenticity check · 1 Store of value · Whitepaper §8)–light clients verify from headers or proofs
Scalability (fees, throughput, block time, block space, features)8average of 5 parts source
Fees ($0.001 or less 10, $1 or more 0)9.1typical fee $0.0018
Throughput (2,478 a second, the busiest network's peak day, 10; 119, the median of the ten busiest, 5)8.2about 851 simple transactions a second
Block time (10 minutes 10, less either side)2.7a block every 5.59 seconds
Block space per 10 minutes (32 MB or more 10)102.5 MB limit (converted from its gas, compute, mass or count limit), 268 MB per 10 minutes
Features (3 checks)102 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)✓CometBFT 0.38 light client in shardeumd 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)0not 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)–
Decentralisation8.6section average, 1 of 8 measured
Censorship resistant (Source)—Not yet researched
No central team (Source)—Not yet researched
Who can mint (Source)8.6Proof 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
Privacy2.5section average
Privacy (5 checks)2.51 of 5 passed, 1 not yet measured source
Protocol level privacy (Keys not tied to an identity · Whitepaper §10)✓Accounts are derived from user-generated keys and the EVM checks only signatures and balances; no identity check is part of the chain's rules.
UTXO ledger (A new key for each payment · Whitepaper §2, §9)–
Network privacy (Origin hidden by default)✗shardeumd (Cosmos EVM fork, Oct 2025 mainnet) gossips over CometBFT p2p with no origin hiding.
Hidden amounts (Amounts confidential)✗Account-based EVM transfers; amounts are public.
Hidden parties (Sender and receiver hidden)✗Plain account addresses; sender and receiver are public.
Programmability (tokens, contracts, 5 checks)8.98 of 9 points source
Token issuance (At protocol level)2ERC-20 contracts on its EVM, open to any account; the mainnet RPC (chain ID 8118) is producing blocks.
Smart contracts (General-purpose)2EVM in shardeumd, a Cosmos EVM fork, on the mainnet (chain ID 8118), which was producing blocks on 2026-10-28; contract deployment is open.
Multisig and time locks (Without a third party)✓m-of-n multisig and time-lock contracts (Safe-style wallets, timelock controllers) run on its EVM like on Ethereum.
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)✗No exchange module in the shardeumd app; DEXs are user-deployed contracts.
Cross-chain messaging (Verified by the chain itself)✓IBC core, the ICS-20 transfer module and the 07-tendermint light client (ibc-go v10) are wired into the shardeumd app; no open IBC channel was confirmed.
NFTs (Carried by the chain's rules)✓ERC-721 contracts run on its EVM.
Supply & Demand5.8group average
Supply & Demand (Source)5.5average of 6 measures
Exchanges (10 or more: 10)33 exchanges
Daily volume ($10K 0, $1B or more 10)1.9$88,297 traded in 24 hours; #1601 by volume on the exchanges the site reads (scored on the median day of the last 30, $93,381)
Turnover (volume ÷ market cap, 5% a day: 10)7.813% of its market cap a day, median of the last 30 days
Order-book depth (bids and asks within 2% ÷ market cap, 1%: 10)10$7,087 within 2% of the price on 3 exchanges, 0.99% of its market cap, median of the last 2 days
Market cap ($1M 0, $10B or more 10)0$716K, 0 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)6.1no fixed maximum; 18.7 billion in circulation
Record0.5group average, 2 of 3 measured
Record (origin, claims, halts)—Not yet reviewed
Age (years since genesis) (Source)11 full year since 2025-05-08, the first day with a recorded price (genesis not yet researched, so the age can only be understated).
Development (work, improvements, unfixed issues)01 positive, 1 negative source
Positive
Shipped a security fix in two years, +1✓shardeum-evm v1.0.2, Sep 2026: fixed critical GHSA-7g4w-cg88-2cq2 (StateDB balance underflow) and GHSA-367m-g444-9mg3 (non-atomic commit); carried into the v1.1.0 upgrade at block 7,927,860 (Oct 2026).
Negative
Exploit of the chain, 2025-07-12, −1✗An attacker exploited Shardeum's cycle and staking-reward logic to make the network treat one node as active since 2019, crediting about 502,692 SHM in cycle 111165; the attacker returned the SHM, the team patched the node software and burned the amount on 30 July 2025.

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

18,736,946,919 SHM are in circulation, against no fixed cap — issuance has no defined end.

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 Shardeum (New)

Shardeum (New) is #250 among cryptocurrencies and #2122 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 1872 places between Shardeum (New)'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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