Geode Chain ranks #108 of 504 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #711: 603 of the 710 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 716 non-native assets CoinSpectrum lists above it by market cap, about 61% are tokens, 29% are claims on other assets and 9% are memecoins.
| CoinSpectrum Grade | C · 54/100 · provisional |
|---|---|
| Rank among cryptocurrencies | #108 |
| Rank counting claims | #711 |
| Market capitalisation | $28M |
| Price | $0.00237 |
| Circulating supply | 11,748,809,322 GEODE |
| Maximum supply | no fixed cap |
| Consensus family | Proof of Stake |
| Consensus mechanism | NPoS (BABE + GRANDPA) |
| Ledger type | Multi-asset ledger |
Market figures from the 28 October 2026 build. Open the live view for every exchange's price, and charts.
C — 54 out of 100, provisional (from 15 of 20 criteria, 28 October 2026 build). With what is not yet measured anywhere from nothing to full marks, the score would be 39 to 69 (E to B).
| Criterion | Score | Basis |
|---|---|---|
| Leading Consensus Mechanisms (Source) | 9.1 | group average |
| Consensus: leader ladder | 9.1 | Proof of stake: 9.1 of 10 on the ladder of consensus families ranked by their largest chain's market cap |
| Consensus: family ladder | 9.1 | Proof of stake: 9.1 of 10 on the ladder of families ranked by the combined market cap of their chains |
| Cryptocurrency Standards (Source) | 4.5 | group average, 9 of 13 measured |
| Sound Money Qualities (6 checks) | 5.8 | 2.3 of 4 points, 2 not yet measured source |
| Scarcity: a fixed cap that holds, and a supply near 21 million | 3.2 | no fixed maximum; 11.7 billion in circulation: supply scale 6.3, cap 0 |
| Durability: five years or more with no halt, freeze or reversal | – | |
| Fungibility: every unit interchangeable, none the protocol can freeze or set apart | ✗ | an authority can freeze funds: The runtime still has the Sudo pallet with a key set (Sudo.Key = 0x4c3cdc9d...1959), so one key can dispatch any root call, including balance changes and forced transfers. |
| Divisibility: the smallest unit worth a cent or less | ✓ | 12 decimal places, the smallest unit worth $2.4e-15 |
| Portability: fees of a cent or less and capacity for real demand | – | |
| Verifiability: open-source nodes and checking without a trusted server | ✓ | node software open source; light clients verify from headers or proofs |
| Privacy (5 checks) | 2 | 1 of 5 passed source |
| Whitepaper privacy: keys are not tied to an identity | ✓ | Any sr25519/ed25519 key can hold and send GEODE; the Substrate balances pallet carries no identity check. |
| 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) | ✗ | Substrate libp2p gossip with no Dandelion or built-in Tor. |
| Hidden amounts (confidential transactions, RingCT, shielded pools, Mimblewimble) | ✗ | Transfers are public. |
| Hidden sender and receiver (ring signatures or zero-knowledge proofs, one-time or stealth addresses) | ✗ | Accounts are public. |
| 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) | 3.9 | a block every 12 seconds |
| Block space per 10 minutes (32 MB or more 10) | – | not yet measured |
| Features (3 checks) | 6.7 | 2 of 3 passed |
| Payments safe to accept within seconds | ✗ | BABE 6 s blocks with GRANDPA finality typically 12-18 s later. |
| Pruned nodes: a full node can validate and drop old history | ✓ | Substrate node CLI --state-pruning (default 256) and --blocks-pruning. |
| Light clients verify payments from headers or proofs, without a trusted server | ✓ | A Substrate chain with GRANDPA finality, which smoldot-based light clients can follow with warp sync and Merkle proofs. |
| Security (miner pay and 7 checks) | 3.9 | 3 of 7 points, 2 not yet measured source |
| Miners paid a day ($1,000 0, $10 million or more 10), 2 points | 0 | not 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 | ✗ | 1 |
| Node software is open source | ✓ | The Geode Foundation (a US nonprofit) maintains the only node, geodechain/Geode (Apache-2.0, a Substrate node). |
| Real on-chain use: 1,000+ transactions a day | ✓ | about 4,070 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 | Substrate runtime with pallet-assets (CreateOrigin = any signed account, against a deposit) and pallet-contracts for ink! contracts; the Sudo key remains set. |
| Smart contracts: a general-purpose contract system | 2 | Substrate runtime with pallet_contracts (ink! Wasm contracts) in construct_runtime; the Sudo pallet remains configured. |
| Multisig and time locks | ✓ | pallet_multisig for m-of-n accounts and pallet_vesting for time-locked vested transfers are in the runtime. |
| Atomic swaps with other chains | ✓ | Hash- and time-locked contracts can be written as ink! contracts. |
| An exchange built into the protocol | ✗ | No exchange pallet in the runtime. |
| Cross-chain messaging the chain verifies itself | ✗ | A standalone Substrate chain with no XCM or bridge pallet. |
| Non-fungible tokens | ✓ | pallet_uniques with CreateOrigin EnsureSigned (any signed account) and pallet_nfts are in the runtime. |
| Decentralisation | 4.2 | section average, 5 of 8 measured |
| Censorship resistant (Source) | 0 | An authority can halt the chain or freeze funds: The runtime still has the Sudo pallet with a key set (Sudo.Key = 0x4c3cdc9d...1959), so one key can dispatch any root call, including balance changes and forced transfers. source |
| No central team (Source) | 0 | A central team directs it: The Geode Foundation (a US nonprofit) maintains the only node, geodechain/Geode (Apache-2.0, a Substrate node). source |
| Who can mint (Source) | 8.6 | Proof 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) | 2.4 | 76.4% of today's supply allocated at launch to founders, a company, a foundation or investors. Mainnet chain spec (GeodeSpec20230211RAW.json) sets Balances.TotalIssuance at 9,000,000,010 GEODE (12 decimals inferred) across 25 genesis accounts, against total supply 11.777B GEODE (CoinGecko); recipients of the genesis balances are not disclosed. source |
| Fundraising | 10 | No sale of the coin source |
| Developer share (after launch) | — | Not yet researched |
| Supply & Demand | 5 | group average |
| Supply & Demand (Source) | 3.6 | average of 1 measure |
| Exchanges (10 or more: 10) | – | exchanges not yet counted |
| Daily volume ($10K 0, $1B or more 10) | – | no volume reported |
| Turnover (volume ÷ market cap, 5% a day: 10) | – | not measured |
| Order-book depth (bids and asks within 2% ÷ market cap, 1%: 10) | – | no order book on the nine exchanges read |
| Market cap ($1M 0, $10B or more 10) | 3.6 | $28M, 3.6 on a scale of 2.5 points per tenfold |
| Paper trading (futures, options and margin ÷ market cap, 0%: 10, 100%: 0) | – | not measured |
| Supply (smaller is better) | 6.3 | no fixed maximum; 11.7 billion in circulation |
| Record | 6 | 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) | — | Genesis date not yet researched |
| Development (work, improvements, unfixed issues) | 2 | 1 positive, 0 negative, 5 not yet researched source |
| Positive | ||
| Steady work, 2 of 6 | ✓ | 0 commits in 0 of the last 12 months (github.com/geodechain/Geode); geodechain/Geode has no tagged releases; code updated Oct 2026 and one documented runtime upgrade (Geode20260115, Jan 2026). |
| Not yet researched | ||
| Shipped a security fix in two years | – | |
| Shipped a privacy improvement in two years | – | |
| Shipped a scaling upgrade in two years | – | |
| Shipped a new capability for users in two years | – | |
| Unfixed vulnerabilities and exploits | – | |
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.
11,748,809,322 GEODE are in circulation, against no fixed cap — issuance has no defined end.
| Premine (allocated at launch) | 76.4% of today's supply |
|---|---|
| Fundraising | No sale and no investor round |
Mainnet chain spec (GeodeSpec20230211RAW.json) sets Balances.TotalIssuance at 9,000,000,010 GEODE (12 decimals inferred) across 25 genesis accounts, against total supply 11.777B GEODE (CoinGecko); recipients of the genesis balances are not disclosed.
Whitepaper: the team was self-funded and tokens were not offered for pre-launch investment before mainnet; no ICO or investor rounds reported.
A treasury cut exists but its size is not established. The published runtime (Substrate node template) mints on a reward curve with max inflation 10% (min 2.5%, ideal stake 50%) and sets RewardRemainder = Treasury, so the gap between 10% and the staker payout is minted to the treasury (with 50% of unspent treasury burned each 28-day spend period). The share depends on the staked ratio, which was not found, and it is not confirmed that this code is the deployed runtime.
Sources: github.com · geodechain.com · geodechain.com · github.com · coingecko.com. Researched 2026-10-24, low confidence.
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.
Geode Chain is #108 among cryptocurrencies and #711 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 603 places between Geode Chain'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).