Cryptonex (CNX)

Cryptonex ranks #349 of 504 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #4652: 4303 of the 4651 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 Gradepending — launch under review
Rank among cryptocurrencies#349
Rank counting claims#4652
Price$99.87
Circulating supply0 CNX
Maximum supply210,000,000 CNX
Consensus familyProof of Authority
Consensus mechanismXRP Ledger-style consensus (rippled 1.4.0 fork, company-run validators, quorum 3)
Network purposeExchange chain
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. Cryptonex'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)7.3group average
Consensus: leader ladder7.3Proof of authority: 7.3 of 10 on the ladder of consensus families ranked by their largest chain's market cap
Consensus: family ladder7.3Proof of authority: 7.3 of 10 on the ladder of families ranked by the combined market cap of their chains
Cryptocurrency Standards (Source)3.6group average, 6 of 13 measured
Sound Money Qualities (6 checks)4.81.9 of 4 points, 2 not yet measured
Scarcity: a fixed cap that holds, and a supply near 21 million9.4fixed maximum supply of 210 million: supply scale 8.7, cap 10
Durability: five years or more with no halt, freeze or reversal✗3 full years since its first recorded price, record not yet reviewed
Fungibility: every unit interchangeable, none the protocol can freeze or set apart✗an authority can freeze funds
Divisibility: the smallest unit worth a cent or less✓6 decimal places, the smallest unit worth $0.00010
Portability: fees of a cent or less and capacity for real demand–typical fee $0.0001
Verifiability: open-source nodes and checking without a trusted server–pruned nodes validate everything
Privacy (5 checks)2.51 of 5 passed, 1 not yet measured source
Whitepaper privacy: keys are not tied to an identity✓XRP Ledger-style accounts funded by any payment; no identity rule in the protocol (company-run validators are not this field).
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)✗rippled 1.4.0-rc1 fork: peer protocol without Dandelion or Tor.
Hidden amounts (confidential transactions, RingCT, shielded pools, Mimblewimble)✗Public account balances; no confidential transfers.
Hidden sender and receiver (ring signatures or zero-knowledge proofs, one-time or stealth addresses)✗Public accounts; no ring signatures or stealth addresses.
Scalability (fees, throughput, block time, block space, features)5.6average of 3 parts source
Fees ($0.001 or less 10, $1 or more 0)10typical fee $0.0001
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)1.7a block every 3.01 seconds
Block space per 10 minutes (32 MB or more 10)–not yet measured
Features (3 checks)51 of 2 passed, 1 not yet researched
Payments safe to accept within seconds–
Pruned nodes: a full node can validate and drop old history✓rippled's online_delete keeps only recent ledgers; nodes report complete_ledgers 3-3572965 on a full node.
Light clients verify payments from headers or proofs, without a trusted server✗XRP Ledger-style protocol has no light-client verification; clients trust the company-run servers.
Security (miner pay and 7 checks)—0 of 3 points, 6 not yet measured
Miners paid a day ($1,000 0, $10 million or more 10), 2 points0not mined
Its own hashrate: at least half its algorithm's largest, not merge-mined✗not mined
Largest pool or validator under 50%–
Largest three under 75%–
More than one maintained client–
Node software is open source–
Real on-chain use: 1,000+ transactions a day–
No 51% attack or deep reorganisation in five years–
Programmability (tokens, contracts, 5 checks)4.33 of 7 points, 2 not yet researched source
Token issuance–The node is a rippled 1.4.0-rc1 fork whose code carries XRPL-style issued currencies, but the ledger holds no trust line at all (0 RippleState objects among about 10,000 accounts at ledger 3,559,326) and the company-run network documents no token feature, so whether issuance is open could not be confirmed.
Smart contracts0rippled 1.4.0-rc1 fork: fixed XRP Ledger transaction types only, no user-deployed contracts.
Multisig and time locks✓The MultiSign and Escrow amendments are enabled in the validated ledger's Amendments object (ledger 3,580,062), giving SignerList m-of-n signing and time-locked escrows.
Atomic swaps with other chains✓Escrow with a PREIMAGE-SHA-256 crypto-condition and CancelAfter (Escrow and CryptoConditionsSuite amendments enabled) expresses a hash- and time-locked contract.
An exchange built into the protocol✓The XRP Ledger order book (OfferCreate / OfferCancel) is part of the rippled 1.4.0 ledger rules.
Cross-chain messaging the chain verifies itself✗No protocol-level cross-chain messaging; the nodes verify no other chain.
Non-fungible tokens✗rippled 1.4.0 predates the XLS-20 NFToken amendment, which is not in the enabled list.
Decentralisation2.2section average, 2 of 8 measured
Censorship resistant (Source)0An authority can halt the chain or freeze funds
No central team (Source)—Not yet researched
Who can mint (Source)4.3Proof of authority: 4.3 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
Supply & Demand4.4group average
Supply & Demand (Source)0average of 1 measure
Exchanges (10 or more: 10)–exchanges not yet counted
Daily volume ($10K 0, $1B or more 10)0$9,229 traded in 24 hours; #2568 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)8.7fixed maximum supply of 210 million
Record3group average, 1 of 3 measured
Record (origin, claims, halts)—Not yet reviewed
Age (years since genesis) (Source)33 full years since 2023-01-19, 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.

Supply

0 of a maximum 210,000,000 CNX are in circulation — 0.0% of the total that will ever exist.

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 Cryptonex

Cryptonex is #349 among cryptocurrencies and #4652 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 4303 places between Cryptonex'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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