Dynex (DNX)

Dynex ranks #299 of 504 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #2981: 2682 of the 2980 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 3260 non-native assets CoinSpectrum lists above it by market cap, about 82% are tokens, 15% are claims on other assets and 3% are memecoins.

CoinSpectrum Gradepending — launch under review
Rank among cryptocurrencies#299
Rank counting claims#2981
Market capitalisation$117,380
Price$0.00108
Circulating supply108,220,190 DNX
Maximum supply110,000,000 DNX
Consensus familyOther
Consensus mechanism— not yet curated
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. Dynex'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)—group average, 0 of 2 measured
Consensus: leader ladder—Consensus not yet reviewed
Consensus: family ladder—Consensus not yet reviewed
Cryptocurrency Standards (Source)2.9group average, 3 of 13 measured
Sound Money Qualities (6 checks)52 of 4 points, 2 not yet measured
Scarcity: a fixed cap that holds, and a supply near 21 million9.5fixed maximum supply of 110 million: supply scale 9, 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–
Divisibility: the smallest unit worth a cent or less✓9 decimal places, the smallest unit worth $1.1e-12
Portability: fees of a cent or less and capacity for real demand–
Verifiability: open-source nodes and checking without a trusted server✗no light clients or pruned nodes
Privacy (5 checks)2.51 of 5 passed, 1 not yet measured source
Whitepaper privacy: keys are not tied to an identity✓Wallet keys are generated locally and transfers are validated by ring signatures, with no identity condition.
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)✗CryptoNote-derived daemon without Dandelion++ (Monero added it separately); no default Tor.
Hidden amounts (confidential transactions, RingCT, shielded pools, Mimblewimble)✗Dynex moved to non-private transactions after a community vote, with a wallet-update deadline of 15 Dec 2023; amounts are now public.
Hidden sender and receiver (ring signatures or zero-knowledge proofs, one-time or stealth addresses)✗Privacy transactions were removed in December 2023, before the window.
Scalability (fees, throughput, block time, block space, features)—too few measures yet source
Fees ($0.001 or less 10, $1 or more 0)–not yet measured
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)–not yet measured
Block space per 10 minutes (32 MB or more 10)–not yet measured
Features (3 checks)00 of 2 passed, 1 not yet researched
Payments safe to accept within seconds–
Pruned nodes: a full node can validate and drop old history✗The CryptoNote-derived Dynex daemon keeps the full chain; no pruning option.
Light clients verify payments from headers or proofs, without a trusted server✗No light-client protocol; wallets use a remote daemon they trust.
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)1.11 of 9 points source
Token issuance0No token issuance on the chain itself
Smart contracts0CryptoNote-derived ledger with fixed output types (key and multisignature outputs) and no scripting.
Multisig and time locks✓MultisignatureOutput/MultisignatureInput (m-of-n) in the transaction format and a transaction unlockTime that bars spending of its outputs until a height or time.
Atomic swaps with other chains✗No hash lock in the transaction format and no adaptor-signature swap implementation.
An exchange built into the protocol✗No exchange in the protocol.
Cross-chain messaging the chain verifies itself✗No protocol-level cross-chain messaging; the Ethereum DNX is a wrapped token.
Non-fungible tokens✗No token or NFT type in the protocol.
Decentralisation—section average, 0 of 8 measured
Censorship resistant (Source)—Not yet researched
No central team (Source)—Not yet researched
Who can mint (Source)—Consensus not yet reviewed
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 & Demand7.1group average
Supply & Demand (Source)5.1average of 6 measures
Exchanges (10 or more: 10)22 exchanges
Daily volume ($10K 0, $1B or more 10)0.5$11,141 traded in 24 hours; #2420 by volume on the exchanges the site reads (scored on the median day of the last 30, $17,422)
Turnover (volume ÷ market cap, 5% a day: 10)7.913% 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$1,161 within 2% of the price on 1 exchange, 0.99% of its market cap, median of the last 2 days
Market cap ($1M 0, $10B or more 10)0$117K, 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)9fixed maximum supply of 110 million
Record3group average, 1 of 3 measured
Record (origin, claims, halts)—Not yet reviewed
Age (years since genesis) (Source)33 full years since 2022-12-03, 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

108,220,190 of a maximum 110,000,000 DNX are in circulation — 98.4% 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 Dynex

Dynex is #299 among cryptocurrencies and #2981 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 2682 places between Dynex'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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