Æternity (AE)

Æternity ranks #205 of 504 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #1614: 1409 of the 1613 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 1856 non-native assets CoinSpectrum lists above it by market cap, about 76% are tokens, 19% are claims on other assets and 5% are memecoins.

CoinSpectrum GradeB · 67/100 · provisional
Rank among cryptocurrencies#205
Rank counting claims#1614
Market capitalisation$2M
Price$0.00548
Circulating supply385,106,898 AE
Maximum supply536,306,702 AE
Consensus familyProof of Work
Consensus mechanismCuckoo Cycle
Own hashrate3.00 kH/s
Network purposeSmart-contract platform
Ledger typeMulti-asset ledger
Launch distributionPresale

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

CoinSpectrum Grade (Source)

B — 67 out of 100, provisional (from 18 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 71 (C to B).

CriterionScoreBasis
Leading Consensus Mechanisms (Source)10group average
Consensus: leader ladder10Proof of work: 10 of 10 on the ladder of consensus families ranked by their largest chain's market cap
Consensus: family ladder10Proof of work: 10 of 10 on the ladder of families ranked by the combined market cap of their chains
Cryptocurrency Standards (Source)6group average, 11 of 13 measured
Sound Money Qualities (6 checks)7.83.9 of 5 points, 1 not yet measured source
Scarcity: a fixed cap that holds, and a supply near 21 million9.1fixed maximum supply of 536 million: supply scale 8.1, cap 10
Durability: five years or more with no halt, freeze or reversal✓9 full years since its first recorded price, no halt, freeze or reversal in five years
Fungibility: every unit interchangeable, none the protocol can freeze or set apart✓no authority can freeze, blacklist or set apart a coin
Divisibility: the smallest unit worth a cent or less✓18 decimal places, the smallest unit worth $5.5e-21
Portability: fees of a cent or less and capacity for real demand✗typical fee $1.1e-7; about 107 transactions a second (4.8 on the throughput scale; 5 is the busiest networks' median demand)
Verifiability: open-source nodes and checking without a trusted server–node software open source
Privacy (5 checks)21 of 5 passed source
Whitepaper privacy: keys are not tied to an identity✓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, no account linking every coin✗
Network-level privacy: the node hides where a transaction came from (Dandelion++, Tor or I2P, on by default)✗aeternity node gossips transactions directly; no Dandelion or Tor.
Hidden amounts (confidential transactions, RingCT, shielded pools, Mimblewimble)✗Balances and transfers are public.
Hidden sender and receiver (ring signatures or zero-knowledge proofs, one-time or stealth addresses)✗Sender and receiver accounts are public.
Scalability (fees, throughput, block time, block space, features)6.6average of 5 parts source
Fees ($0.001 or less 10, $1 or more 0)10typical fee $1.1e-7
Throughput (2,478 a second, the busiest network's peak day, 10; 119, the median of the ten busiest, 5)4.8about 107 simple transactions a second
Block time (10 minutes 10, less either side)8.1a block every 3 minutes
Block space per 10 minutes (32 MB or more 10)1018 MB limit (converted from its gas, compute, mass or count limit), 59.9 MB per 10 minutes
Features (3 checks)00 of 2 passed, 1 not yet researched
Payments safe to accept within seconds✗Bitcoin-NG: microblocks every ~3 s are signed by the current leader but can be dropped by the next key block; settlement relies on 3-minute PoW key blocks with probabilistic confirmation.
Pruned nodes: a full node can validate and drop old history–State garbage collection exists, but whether nodes can drop old blocks was not established.
Light clients verify payments from headers or proofs, without a trusted server✗No light-client protocol; SDKs trust node APIs.
Security (miner pay and 7 checks)44 of 9 points source
Miners paid a day ($1,000 0, $10 million or more 10), 2 points0about $84 a day
Its own hashrate: at least half its algorithm's largest, not merge-mined✓
Largest pool or validator under 50%✗75.85%
Largest three under 75%✗99.85%
More than one maintained client✗1
Node software is open source✓The only node (aeternity/aeternity, ISC licence) and the protocol roadmap (hard forks, hyperchains) are run by the Aeternity Foundation / aeternity Crypto Foundation and its funded core team.
Real on-chain use: 1,000+ transactions a day✓about 99,906 a day
No 51% attack or deep reorganisation in five years✓
Programmability (tokens, contracts, 5 checks)7.87 of 9 points source
Token issuance at protocol level, validated by its own nodes2Sophia smart contracts on its FATE VM, open to any account, carry AEX-9 fungible tokens.
Smart contracts: a general-purpose contract system2Sophia contracts on the FATE VM, open to any account, plus generalized accounts, state channels and oracles in the protocol.
Multisig and time locks✓Generalized accounts attach a contract that authorises transactions (multi-signature schemes named in the docs), and Sophia contracts can check block height and time.
Atomic swaps with other chains✓Sophia contracts can express hash-locked, time-locked escrow.
An exchange built into the protocol✗No exchange in the protocol; Superhero DEX is a contract set.
Cross-chain messaging the chain verifies itself✗The ÆRC bridge to Ethereum is a separate service, and Hyperchains anchor child chains to a parent rather than verifying messages from other chains on the æternity mainnet.
Non-fungible tokens✓AEX-141 NFT contracts on FATE.
Decentralisation6.2section average, 6 of 8 measured
Censorship resistant (Source)10No authority can halt the chain or freeze funds: No protocol key can freeze or claw back AE; after the 2020-21 51% attacks the foundation asked exchanges to lock stolen funds, an off-chain action. Nodes reject gossiped forks more than 5 blocks below the top by default (fork resistance), which is not a party's halt power. source
No central team (Source)0A central team directs it: The only node (aeternity/aeternity, ISC licence) and the protocol roadmap (hard forks, hyperchains) are run by the Aeternity Foundation / aeternity Crypto Foundation and its funded core team. source
Who can mint (Source)10Proof of work: 10 of 10 on the ladder of who produces blocks
Nodes (Source)—Not yet counted
Holder concentration (Source)—Not yet measured
Premine (allocated at launch)3.861.7% of today's supply allocated at launch to founders, a company, a foundation or investors. The entire ERC-20 supply, 273,685,830 AE (Etherscan max total supply), was allocated before mainnet: 82% to sale contributors, 17% to founders, company and foundation, 1% airdrop. It migrated into the mainnet genesis and later hard forks. Against the current total of 443.44M (aeternity middleware, 2026-10-23), that is 61.7%. This is a lower bound: the 2019 Block Reward Initiative redirected a share of mining rewards to the æternity Crypto Foundation (dev_reward), not summed here. source
Fundraising3.8Sold by its issuer or insiders: 61.7% of supply was theirs to sell, 50.6% sold so far. Contribution campaign 2017. Phase 1 (Apr 3-6): 120,827 ETH + 328.6 BTC at 1,000 AE/ETH. Phase 2 (from May 29): cap CHF 21M at 650-750 AE/ETH. Contributors hold 82% x 273.7M = 224.4M; 224.4 / 443.4 = 50.6%. source
Developer share (after launch)9.7Developer share: about 2.7% of today's supply received so far; no share of new block rewards today. Block Reward Initiative: 10.9% (109/1000 shares) of each key block's coinbase went to the æternity Crypto Foundation from the Fortuna fork (block 90,800, Apr 2019) through Iris; it ended at Ceres (block 941,700, 2024). Coinbase over blocks 90,800-941,699 = 110.70M AE (aec_coinbase) × 10.9% = 12.07M AE = 2.7% of 443.45M (middleware total_token_supply). Today the coinbase goes wholly to miners. source
Supply & Demand5.3group average
Supply & Demand (Source)2.5average of 6 measures
Exchanges (10 or more: 10)11 exchange
Daily volume ($10K 0, $1B or more 10)0$424 traded in 24 hours; #3600 by volume on the exchanges the site reads (scored on the median day of the last 30, $425)
Turnover (volume ÷ market cap, 5% a day: 10)00.02% of its market cap a day, median of the last 30 days
Order-book depth (bids and asks within 2% ÷ market cap, 1%: 10)3.3$206 within 2% of the price on 1 exchange, 0.01% of its market cap, median of the last 2 days
Market cap ($1M 0, $10B or more 10)0.8$2.1M, 0.8 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)8.1fixed maximum supply of 536 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 2017-05-29, the first day with a recorded price (genesis not yet researched, so the age can only be understated).
Development (work, improvements, unfixed issues)61 positive, 0 negative source
Positive
Steady work, 6 of 6✓213 commits in 5 of the last 12 months (github.com/aeternity/aeternity); Reference node aeternity/aeternity v7.3.0 released 2026-09-06 (v7.2.1 March 2026, v7.2.2 July 2026).

Twenty criteria, weighted equally. The Cryptocurrency Standards have six sections: sound money qualities (six checks: scarcity, durability, fungibility, divisibility, portability, verifiability), privacy (five checks), scalability (four measures and three features), security (miner pay and seven checks), programmability (token issuance, smart contracts and five checks) and decentralisation (censorship resistance, no central team, who can mint, nodes, holders, premine, fundraising and developer share). 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

385,106,898 of a maximum 536,306,702 AE are in circulation — 71.8% of the total that will ever exist.

Launch and allocation

Premine (allocated at launch)61.7% of today's supply
Sold by the issuer or insiders50.6% of today's supply
Developer share received since launch2.7% of today's supply
Developer share of new coins today0%
FundraisingPublic sale

The entire ERC-20 supply, 273,685,830 AE (Etherscan max total supply), was allocated before mainnet: 82% to sale contributors, 17% to founders, company and foundation, 1% airdrop. It migrated into the mainnet genesis and later hard forks. Against the current total of 443.44M (aeternity middleware, 2026-10-23), that is 61.7%. This is a lower bound: the 2019 Block Reward Initiative redirected a share of mining rewards to the æternity Crypto Foundation (dev_reward), not summed here.

Contribution campaign 2017. Phase 1 (Apr 3-6): 120,827 ETH + 328.6 BTC at 1,000 AE/ETH. Phase 2 (from May 29): cap CHF 21M at 650-750 AE/ETH. Contributors hold 82% x 273.7M = 224.4M; 224.4 / 443.4 = 50.6%.

Block Reward Initiative: 10.9% (109/1000 shares) of each key block's coinbase went to the æternity Crypto Foundation from the Fortuna fork (block 90,800, Apr 2019) through Iris; it ended at Ceres (block 941,700, 2024). Coinbase over blocks 90,800-941,699 = 110.70M AE (aec_coinbase) × 10.9% = 12.07M AE = 2.7% of 443.45M (middleware total_token_supply). Today the coinbase goes wholly to miners.

The 82/17/1 split is from the phase-1 FAQ and is assumed to hold after phase 2. Phase 2's final raise is not established. The cumulative BRI dev reward would raise preminePct by a few points.

Sources: github.com · github.com · blog.aeternity.com · etherscan.io · mainnet.aeternity.io · blog.aeternity.com. Researched 2026-10-24, high confidence.

The work behind it

Æternity is secured by 3.00 kH/s of its own work. Hashrate does not compare across algorithms — a SHA-256 hash and a Scrypt hash cost different amounts to produce.

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 Æternity

Æternity is #205 among cryptocurrencies and #1614 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 1409 places between Æternity'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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