BlockDAG Network ranks #325 of 504 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #4137: 3812 of the 4136 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.
| CoinSpectrum Grade | pending — launch under review |
|---|---|
| Rank among cryptocurrencies | #325 |
| Rank counting claims | #4137 |
| Price | $0.0000143 |
| Circulating supply | 0 BDAG |
| Maximum supply | 150,000,000,000 BDAG |
| Consensus family | Proof of Work |
| Consensus mechanism | Keccak-256 PoW (GHOSTDAG) |
| Own hashrate | — |
| Network purpose | Smart-contract platform |
| 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. BlockDAG Network'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) | 10 | group average |
| Consensus: leader ladder | 10 | Proof of work: 10 of 10 on the ladder of consensus families ranked by their largest chain's market cap |
| Consensus: family ladder | 10 | Proof of work: 10 of 10 on the ladder of families ranked by the combined market cap of their chains |
| Cryptocurrency Standards (Source) | 6.2 | group average, 7 of 13 measured |
| Sound Money Qualities (6 checks) | 7.4 | 3.7 of 5 points, 1 not yet measured source |
| Scarcity: a fixed cap that holds, and a supply near 21 million | 7.2 | fixed maximum supply of 150 billion: supply scale 4.3, cap 10 |
| Durability: five years or more with no halt, freeze or reversal | ✗ | 0 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 $1.4e-23 |
| Portability: fees of a cent or less and capacity for real demand | ✓ | typical fee $0; about 903 transactions a second (8.3 on the throughput scale; 5 is the busiest networks' median demand) |
| Verifiability: open-source nodes and checking without a trusted server | – | |
| Privacy (5 checks) | 2.5 | 1 of 5 passed, 1 not yet measured source |
| Whitepaper privacy: keys are not tied to an identity | ✓ | 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, no account linking every coin | – | |
| Network-level privacy: the node hides where a transaction came from (Dandelion++, Tor or I2P, on by default) | ✗ | No origin-hiding relay; the node gossips transactions over plain devp2p. |
| Hidden amounts (confidential transactions, RingCT, shielded pools, Mimblewimble) | ✗ | Account-based EVM transfers; amounts are public. |
| Hidden sender and receiver (ring signatures or zero-knowledge proofs, one-time or stealth addresses) | ✗ | Plain account addresses; sender and receiver are public. |
| Scalability (fees, throughput, block time, block space, features) | 5.9 | average of 5 parts source |
| Fees ($0.001 or less 10, $1 or more 0) | 10 | typical fee $0 |
| Throughput (2,478 a second, the busiest network's peak day, 10; 119, the median of the ten busiest, 5) | 8.3 | about 903 simple transactions a second |
| Block time (10 minutes 10, less either side) | 1.4 | a block every 2.43 seconds |
| Block space per 10 minutes (32 MB or more 10) | 10 | 2.81 MB limit (converted from its gas, compute, mass or count limit), 694 MB per 10 minutes |
| Features (3 checks) | 0 | 0 of 2 passed, 1 not yet researched |
| Payments safe to accept within seconds | ✗ | GHOSTDAG-style PoW with ~2 s blocks gives probabilistic confirmation only; no documented zero-conf protection. |
| Pruned nodes: a full node can validate and drop old history | – | Node software and its pruning options are not public; not established. |
| Light clients verify payments from headers or proofs, without a trusted server | ✗ | No working light-client protocol: wallets read balances from RPC servers they must trust. |
| Security (miner pay and 7 checks) | — | 2 of 2 points, 7 not yet measured source |
| Miners paid a day ($1,000 0, $10 million or more 10), 2 points | – | |
| Its own hashrate: at least half its algorithm's largest, not merge-mined | – | |
| Largest pool or validator under 50% | – | |
| Largest three under 75% | – | |
| More than one maintained client | – | |
| Node software is open source | – | BlockDAG Network (the company that ran the presale and sells the X-series miners) controls the protocol; no public node source code or licence was found. |
| Real on-chain use: 1,000+ transactions a day | ✓ | about 99,198 a day |
| No 51% attack or deep reorganisation in five years | ✓ | |
| Programmability (tokens, contracts, 5 checks) | 7.8 | 7 of 9 points source |
| Token issuance at protocol level, validated by its own nodes | 2 | ERC-20 contracts on BlockDAG's EVM (chain ID 1404), whose mainnet went live in February 2026 and is producing blocks with contract verification on a third-party explorer; no deployer restriction found, but no project documentation confirmed it. |
| Smart contracts: a general-purpose contract system | 2 | EVM on the BlockDAG mainnet (chain ID 1404), live since February 2026 and producing blocks on 2026-10-28, with contract verification on its explorer. |
| Multisig and time locks | ✓ | 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. |
| An exchange built into the protocol | ✗ | No exchange in the protocol; DEXs on the chain are user-deployed contracts. |
| Cross-chain messaging the chain verifies itself | ✗ | No protocol-level cross-chain messaging. |
| Non-fungible tokens | ✓ | ERC-721 contracts run on its EVM. |
| Decentralisation | 6.7 | section average, 3 of 8 measured |
| Censorship resistant (Source) | 10 | No authority can halt the chain or freeze funds: Not established: no public code or documentation of the base layer's admin powers. source |
| No central team (Source) | 0 | A central team directs it: BlockDAG Network (the company that ran the presale and sells the X-series miners) controls the protocol; no public node source code or licence was found. source |
| Who can mint (Source) | 10 | Proof 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) | — | Published tokenomics pre-allocate 75B of the 150B maximum (presale 50B, community/ecosystem 19B, liquidity 4.5B, team 1.5B; 50% of max), with 75B left for mining. Current total supply is not published, so the share of current supply is not established; it is at least 50% and likely far higher this early in mining. |
| Fundraising | — | Sold by its issuer or insiders: null% of supply sold. Presale allocation 50B (33% of max); October 2025 reports said more than 27B BDAG had been sold to over 312,000 buyers, but final sold amounts and current supply are not published. Public presale December 2023 to February 2026, reported at $435-452M by the project (sponsored coverage); the CEO reportedly told press the figure was closer to $200M. Mainnet/TGE in February 2026, exchange trading from 2026-03-04. source |
| Developer share (after launch) | — | Not yet researched |
| Supply & Demand | 4 | group average |
| Supply & Demand (Source) | 3.7 | average of 1 measure |
| Exchanges (10 or more: 10) | – | exchanges not yet counted |
| Daily volume ($10K 0, $1B or more 10) | 3.7 | $671,443 traded in 24 hours; #763 by volume |
| Turnover (volume ÷ market cap, 5% a day: 10) | – | not measured |
| Order-book depth (bids and asks within 2% ÷ market cap, 1%: 10) | – | not measured |
| Market cap ($1M 0, $10B or more 10) | – | not measured |
| Paper trading (futures, options and margin ÷ market cap, 0%: 10, 100%: 0) | – | not measured |
| Supply (smaller is better) | 4.3 | fixed maximum supply of 150 billion |
| Record | 5 | group average, 2 of 3 measured |
| Record (origin, claims, halts) | 10 | 3 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) | 0 | 0 full years since 2026-04-02, the first day with a recorded price (genesis not yet researched, so the age can only be understated). |
| Development (work, improvements, unfixed issues) | — | Not yet measured: no commit count and no release research |
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.
0 of a maximum 150,000,000,000 BDAG are in circulation — 0.0% of the total that will ever exist.
| Fundraising | Public sale |
|---|
Published tokenomics pre-allocate 75B of the 150B maximum (presale 50B, community/ecosystem 19B, liquidity 4.5B, team 1.5B; 50% of max), with 75B left for mining. Current total supply is not published, so the share of current supply is not established; it is at least 50% and likely far higher this early in mining.
Public presale December 2023 to February 2026, reported at $435-452M by the project (sponsored coverage); the CEO reportedly told press the figure was closer to $200M. Mainnet/TGE in February 2026, exchange trading from 2026-03-04.
Presale allocation 50B (33% of max); October 2025 reports said more than 27B BDAG had been sold to over 312,000 buyers, but final sold amounts and current supply are not published.
No published block-reward split or node source found.
Large presale ($435-452M claimed) with contested figures; the Financial Services Authority of Seychelles reportedly warned against BlockDAG for unauthorised activity, though the notice itself was not found. A January 2026 DL News investigation reported undelivered presale mining hardware and unpaid staff, which BlockDAG denies, and ZachXBT alleged hidden leadership (Gurhan Kiziloz). All are allegations, not findings, so falseClaims stays null.
Sources: api.bdagscan.com · api.bdagscan.com · bitrue.com · blockchain.news · finance.yahoo.com. Researched 2026-10-26, low confidence.
No source we can reach publishes a hashrate for BlockDAG Network.
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.
BlockDAG Network is #325 among cryptocurrencies and #4137 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 3812 places between BlockDAG Network'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).