Hathor ranks #200 of 504 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #1567: 1367 of the 1566 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 1802 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 Grade | C · 57/100 · provisional |
|---|---|
| Rank among cryptocurrencies | #200 |
| Rank counting claims | #1567 |
| Market capitalisation | $2M |
| Price | $0.00459 |
| Circulating supply | 517,210,451 HTR |
| Maximum supply | no fixed cap |
| Consensus family | Proof of Work |
| Consensus mechanism | SHA-256d + DAG (merge-mined) |
| Own hashrate | — |
| Ledger type | Multi-asset ledger |
| Launch distribution | Presale |
Market figures from the 28 October 2026 build. Open the live view for every exchange's price, and charts.
C — 57 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 51 to 62 (D to C).
| 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) | 4.2 | group average, 11 of 13 measured |
| Sound Money Qualities (6 checks) | 4.8 | 2.4 of 5 points, 1 not yet measured source |
| Scarcity: a fixed cap that holds, and a supply near 21 million | 4.1 | no fixed maximum; 517 million in circulation: supply scale 8.1, cap 0 |
| Durability: five years or more with no halt, freeze or reversal | ✓ | 6 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 | ✗ | an authority can freeze funds: Mainnet nodes run with ENABLE_PEER_WHITELIST, connecting only to peer IDs listed in a file Hathor Labs serves from its own S3 bucket (hathor-public-files), and the client hard-codes a SOFT_VOIDED_TX_IDS list of transactions it treats as voided; together these let one company decide who joins the network and invalidate specific transactions. |
| Divisibility: the smallest unit worth a cent or less | ✓ | 2 decimal places, the smallest unit worth $0.000046 |
| Portability: fees of a cent or less and capacity for real demand | – | typical fee $0 |
| Verifiability: open-source nodes and checking without a trusted server | ✗ | node software open source; no light clients or pruned nodes |
| Privacy (5 checks) | 4 | 2 of 5 passed source |
| Whitepaper privacy: keys are not tied to an identity | ✓ | Addresses are hashes of keys users generate themselves; the node checks scripts and signatures, with no identity condition in its consensus 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) | ✗ | hathor-core relays transactions directly; no Dandelion or Tor. |
| Hidden amounts (confidential transactions, RingCT, shielded pools, Mimblewimble) | ✗ | Shielded-output headers in hathor-core v0.71.0 (2026) are gated off on mainnet; amounts are public. |
| Hidden sender and receiver (ring signatures or zero-knowledge proofs, one-time or stealth addresses) | ✗ | Transparent addresses. |
| Scalability (fees, throughput, block time, block space, features) | 5.1 | average of 3 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) | – | not yet measured |
| Block time (10 minutes 10, less either side) | 5.3 | a block every 30 seconds |
| Block space per 10 minutes (32 MB or more 10) | – | not yet measured |
| Features (3 checks) | 0 | 0 of 3 passed |
| Payments safe to accept within seconds | ✗ | Transactions enter the DAG at once but conflicts are resolved by accumulated weight rather than first-seen, and confirmation needs blocks; there are no instant locks or double-spend proofs. |
| Pruned nodes: a full node can validate and drop old history | ✗ | Full nodes keep the whole DAG of blocks and transactions. |
| Light clients verify payments from headers or proofs, without a trusted server | ✗ | Wallets use full nodes or the wallet service; no proof-verifying light client. |
| Security (miner pay and 7 checks) | 2.6 | 2 of 7 points, 2 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 | ✗ | merge-mined: its blocks are found by another chain's miners |
| Largest pool or validator under 50% | ✗ | 53.2% |
| Largest three under 75% | ✗ | 98.6% |
| More than one maintained client | ✗ | 1 |
| Node software is open source | ✓ | hathor-core (Apache-2.0) is developed by Hathor Labs, whose repository, release schedule and feature-activation criteria define the protocol. |
| Real on-chain use: 1,000+ transactions a day | ✗ | about 193 a day |
| No 51% attack or deep reorganisation in five years | ✓ | |
| Programmability (tokens, contracts, 5 checks) | 6.7 | 6 of 9 points source |
| Token issuance at protocol level, validated by its own nodes | 2 | Custom tokens are native to the protocol and any wallet can create them (deposit or fee based), plus nano contracts on mainnet. |
| Smart contracts: a general-purpose contract system | 2 | Nano contracts (Python blueprints) on mainnet in a controlled rollout, with Dozer Finance announced as the first DEX on Hathor mainnet; anyone can create contracts from blueprints, but new blueprints still need Hathor Labs approval and signature. |
| Multisig and time locks | ✓ | OP_CHECKMULTISIG (P2SH multisig) and OP_GREATERTHAN_TIMESTAMP plus output timelocks in its script. |
| Atomic swaps with other chains | ✗ | Its script has OP_HASH160 but no branching (no OP_IF), so a claim-or-refund HTLC cannot be written, and no HTLC blueprint was found; Hathor's 'atomic swap' is a same-chain multi-party token trade. |
| An exchange built into the protocol | ✗ | No exchange in the ledger rules; Dozer is a nano-contract blueprint. |
| Cross-chain messaging the chain verifies itself | ✗ | No protocol-level cross-chain messaging; bridges are operated services. |
| Non-fungible tokens | ✓ | NFTs are native Hathor tokens (a token with an NFT data output, created through the wallets create-nft call), with no contract involved. |
| Decentralisation | 3.8 | section average, 6 of 8 measured |
| Censorship resistant (Source) | 0 | An authority can halt the chain or freeze funds: Mainnet nodes run with ENABLE_PEER_WHITELIST, connecting only to peer IDs listed in a file Hathor Labs serves from its own S3 bucket (hathor-public-files), and the client hard-codes a SOFT_VOIDED_TX_IDS list of transactions it treats as voided; together these let one company decide who joins the network and invalidate specific transactions. source |
| No central team (Source) | 0 | A central team directs it: hathor-core (Apache-2.0) is developed by Hathor Labs, whose repository, release schedule and feature-activation criteria define the protocol. 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) | 1.5 | 84.8% of today's supply allocated at launch to founders, a company, a foundation or investors. The genesis block created 1B HTR in a wallet controlled by Hathor Labs (allocated to private sale 8%, seed 5%, treasury 24%, team 10%, advisors 5%, 5-year vault 18%, etc.); 20% (200M) is a burn bucket. The remaining 800M against the current total of ~943.2M (MEXC, Mar 2026: 1B - 200M burned + ~143M mined) is 84.8%. source |
| Fundraising | 1.5 | Sold by its issuer or insiders: 84.8% of supply was theirs to sell, 13.3% sold so far. Private sale 75,070,653 HTR (~$0.5M per CryptoRank and CoinCarp), seed sale 5% (50M), and a small KuCoin IEO in Jul 2025 (700K HTR). Sold = ~125.8M / 943.2M = 13.3%. source |
| Developer share (after launch) | 10 | No developer share: every new coin goes to the miners or validators who produce blocks. The ~143M HTR mined since launch (Jan 2020) went to the miners of each block, through merged mining with Bitcoin. No developer or Hathor Labs share of the block reward was found. The Labs allocations come from the 1B genesis (premine). source |
| Supply & Demand | 6.7 | group average |
| Supply & Demand (Source) | 5.3 | average of 6 measures |
| Exchanges (10 or more: 10) | 3 | 3 exchanges |
| Daily volume ($10K 0, $1B or more 10) | 2 | $66,787 traded in 24 hours; #1583 by volume on the exchanges the site reads (scored on the median day of the last 30, $97,167) |
| Turnover (volume ÷ market cap, 5% a day: 10) | 8.6 | 2.7% of its market cap a day, median of the last 30 days |
| Order-book depth (bids and asks within 2% ÷ market cap, 1%: 10) | 7.3 | $3,693 within 2% of the price on 3 exchanges, 0.16% of its market cap, median of the last 2 days |
| Market cap ($1M 0, $10B or more 10) | 0.9 | $2.4M, 0.9 on a scale of 2.5 points per tenfold |
| Paper trading (futures, options and margin ÷ market cap, 0%: 10, 100%: 0) | 10 | no futures, options or margin on the exchanges read |
| Supply (smaller is better) | 8.1 | no fixed maximum; 517 million in circulation |
| Record | 7.7 | group average |
| 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) | 6 | 6 full years since 2020-09-25, the first day with a recorded price (genesis not yet researched, so the age can only be understated). |
| Development (work, improvements, unfixed issues) | 7 | 2 positive, 0 negative source |
| Positive | ||
| Steady work, 6 of 6 | ✓ | 739 commits in 11 of the last 12 months (github.com/HathorNetwork/hathor-core); hathor-core v0.71.0, 2026-07-31; eleven releases since October 2024 (v0.63.0 to v0.71.0), and nodes now report v0.72.0. |
| Shipped a new capability for users in two years, +1 | ✓ | hathor-core v0.67.1, Oct 2025: nano contracts activated on mainnet from ~Nov 2025; v0.69.0, Feb 2026: fee-based tokens activated ~Mar 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.
517,210,451 HTR are in circulation, against no fixed cap — issuance has no defined end.
| Premine (allocated at launch) | 84.8% of today's supply |
|---|---|
| Sold by the issuer or insiders | 13.3% of today's supply |
| Developer share received since launch | 0% of today's supply |
| Developer share of new coins today | 0% |
| Fundraising | Private or venture funding |
The genesis block created 1B HTR in a wallet controlled by Hathor Labs (allocated to private sale 8%, seed 5%, treasury 24%, team 10%, advisors 5%, 5-year vault 18%, etc.); 20% (200M) is a burn bucket. The remaining 800M against the current total of ~943.2M (MEXC, Mar 2026: 1B - 200M burned + ~143M mined) is 84.8%.
Private sale 75,070,653 HTR (~$0.5M per CryptoRank and CoinCarp), seed sale 5% (50M), and a small KuCoin IEO in Jul 2025 (700K HTR). Sold = ~125.8M / 943.2M = 13.3%.
The ~143M HTR mined since launch (Jan 2020) went to the miners of each block, through merged mining with Bitcoin. No developer or Hathor Labs share of the block reward was found. The Labs allocations come from the 1B genesis (premine).
That the 200M burn has been carried out is inferred from the 943M total supply reconciling with it. The seed round's USD amount is not established.
Sources: github.com · hathor.network · docs.hathor.network · gate.com · coincarp.com · mexc.com. Researched 2026-10-24, medium confidence.
No source we can reach publishes a hashrate for Hathor.
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.
Hathor is #200 among cryptocurrencies and #1567 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 1367 places between Hathor'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).