Komodo ranks #144 of 504 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #940: 796 of the 939 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 1173 non-native assets CoinSpectrum lists above it by market cap, about 69% are tokens, 23% are claims on other assets and 8% are memecoins.
| CoinSpectrum Grade | B · 67/100 · provisional |
|---|---|
| Rank among cryptocurrencies | #144 |
| Rank counting claims | #940 |
| Market capitalisation | $10M |
| Price | $0.0760 |
| Circulating supply | 135,953,876 KMD |
| Maximum supply | no fixed cap |
| Consensus family | Proof of Work |
| Consensus mechanism | Equihash (200,9) |
| Own hashrate | — |
| Network purpose | Exchange chain |
| Ledger type | Single-asset ledger |
| Launch distribution | Presale |
Market figures from the 28 October 2026 build. Open the live view for every exchange's price, and charts.
B — 67 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 60 to 71 (C to B).
| 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) | 6.1 | group average, 11 of 13 measured |
| Sound Money Qualities (6 checks) | 9.2 | 5.5 of 6 points source |
| Scarcity: a fixed cap that holds, and a supply near 21 million | 4.5 | no fixed maximum; 136 million in circulation: supply scale 8.9, cap 0 |
| Durability: five years or more with no halt, freeze or reversal | ✓ | 9 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 | ✓ | 8 decimal places, the smallest unit worth $7.6e-10 |
| Portability: fees of a cent or less and capacity for real demand | ✓ | typical fee $8e-7; about 559 transactions a second (7.5 on the throughput scale; 5 is the busiest networks' median 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) | 8 | 4 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) | ✗ | Bitcoin-derived node relays its own transactions over clearnet by default; Tor (-proxy/-onion) needs user setup and there is no Dandelion. |
| Hidden amounts (confidential transactions, RingCT, shielded pools, Mimblewimble) | ✓ | Sapling shielded transactions remain valid on the KMD chain (privacy-only restrictions apply only to ac_private asset chains). |
| Hidden sender and receiver (ring signatures or zero-knowledge proofs, one-time or stealth addresses) | ✓ | Sapling spends hide the sender and shielded addresses the receiver. |
| Scalability (fees, throughput, block time, block space, features) | 8.8 | average of 5 parts source |
| Fees ($0.001 or less 10, $1 or more 0) | 10 | typical fee $8e-7 |
| Throughput (2,478 a second, the busiest network's peak day, 10; 119, the median of the ten busiest, 5) | 7.5 | about 559 simple transactions a second |
| Block time (10 minutes 10, less either side) | 6.5 | a block every 1 minutes |
| Block space per 10 minutes (32 MB or more 10) | 10 | 8.39 MB limit, 80.5 MB per 10 minutes |
| Features (3 checks) | 10 | 3 of 3 passed |
| Payments safe to accept within seconds | ✓ | The Zcash/Bitcoin-0.11-derived komodod rejects any mempool conflict ("Disable replacement feature for now"), i.e. first-seen relay with no replace-by-fee; blocks are about a minute apart, with dPoW notarisation on top. |
| Pruned nodes: a full node can validate and drop old history | ✓ | Komodo 0.9.2-3 keeps the inherited -prune option (deletes old blocks; disables the wallet). |
| Light clients verify payments from headers or proofs, without a trusted server | ✓ | zcashd-derived node serves BIP37 merkleblocks for SPV checks of transparent payments. |
| Security (miner pay and 7 checks) | 2.3 | 2 of 8 points, 1 not yet measured source |
| Miners paid a day ($1,000 0, $10 million or more 10), 2 points | 0 | about $109 a day |
| Its own hashrate: at least half its algorithm's largest, not merge-mined | – | |
| Largest pool or validator under 50% | ✗ | 50.7% |
| Largest three under 75% | ✗ | 100% |
| More than one maintained client | ✗ | 1 |
| Node software is open source | ✓ | The komodod reference client lives in the KomodoPlatform/komodo repository and is maintained by the Komodo Platform team, which also authors the KIP proposals. |
| Real on-chain use: 1,000+ transactions a day | ✗ | about 54 a day |
| No 51% attack or deep reorganisation in five years | ✓ | |
| Programmability (tokens, contracts, 5 checks) | 3.3 | 3 of 9 points source |
| Token issuance | 0 | No token issuance on the chain itself |
| Smart contracts: scripting for spending conditions | 1 | Zcash-derived Script on the KMD chain; Antara cryptocondition modules are off on KMD itself (ac_cc 0). |
| Multisig and time locks | ✓ | OP_CHECKMULTISIG and OP_CHECKLOCKTIMEVERIFY in komodod's script interpreter. |
| Atomic swaps with other chains | ✓ | Script can express HTLCs, used by the Komodo DeFi Framework (AtomicDEX) swaps. |
| An exchange built into the protocol | ✗ | No exchange in the KMD ledger rules; the Komodo DeFi Framework is off-chain software matching HTLC swaps. |
| Cross-chain messaging the chain verifies itself | ✗ | dPoW notarises KMD block hashes to Bitcoin, which is security anchoring, not messaging verified by the other chain's nodes. |
| Non-fungible tokens | ✗ | No token or NFT type on the KMD chain itself. |
| Decentralisation | 6 | section average, 6 of 8 measured |
| Censorship resistant (Source) | 10 | No authority can halt the chain or freeze funds: Elected notary nodes checkpoint the chain (dPoW) against deep reorganisations, but no party can freeze, blacklist or claw back ordinary users' coins. source |
| No central team (Source) | 0 | A central team directs it: The komodod reference client lives in the KomodoPlatform/komodo repository and is maintained by the Komodo Platform team, which also authors the KIP proposals. 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) | 2.9 | 71.1% of today's supply allocated at launch to founders, a company, a foundation or investors. All 100M KMD at genesis were pre-allocated: 90M sold in the 2016 ICO and 10M kept by the team. Against current supply of 140,660,565 (CoinGecko, 2026-10-23) that is 71.1%. source |
| Fundraising | 2.9 | Sold by its issuer or insiders: 71.1% of supply was theirs to sell, 64% sold so far. Public ICO from 15 Oct to 20 Nov 2016 raised 2,639 BTC (about $2M), with a 25% first-day bonus; coins were issued 31 Jan 2017. 90M KMD sold. source |
| Developer share (after launch) | 10 | No developer share: every new coin goes to the miners or validators who produce blocks. The block reward (3 KMD, cut to 1 KMD by KIP0002 in 2024) goes to miners, including notary nodes. The active-user reward paid to holders (5%, cut to 0.01% by KIP0001 in 2023) is not a cut, and there is no dev fund in issuance. source |
| Supply & Demand | 5.1 | group average |
| Supply & Demand (Source) | 1.3 | average of 2 measures |
| Exchanges (10 or more: 10) | 0 | no exchange the site reads trades it |
| 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) | 2.5 | $10M, 2.5 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) | 8.9 | no fixed maximum; 136 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) | 9 | 9 full years since 2017-02-05, the first day with a recorded price (genesis not yet researched, so the age can only be understated). |
| Development (work, improvements, unfixed issues) | 4 | 2 positive, 3 negative source |
| Positive | ||
| Steady work, 6 of 6 | ✓ | 52 commits in 7 of the last 12 months (github.com/KomodoPlatform/komodo); Komodo 0.9.2-3, 18 Oct 2026; also 0.9.2-2 (Jun 2026), 0.9.2-1 (Jan 2026) and 0.9.2 (Dec 2025) in the last 24 months. |
| Shipped a security fix in two years, +1 | ✓ | Komodo 0.9.2-2, Jun 2026: fixed remotely reachable memory-safety bugs in block and script validation; 0.9.2-3, Oct 2026: CLTV script-parsing fix. |
| Negative | ||
| Unfixed vulnerability, disclosed 2024-07-03, −1 | ✗ | CVE-2024-52914: crafted orphan transactions can stall the node for hours in the uninterruptible orphan-resolution loop; still in Komodo v0.9.2-3. |
| Unfixed vulnerability, disclosed 2024-07-03, −1 | ✗ | CVE-2020-14198: misbehaving peers are auto-banned into an unbounded ban list, so many attacker addresses can exhaust CPU and memory; still in Komodo v0.9.2-3. |
| Unfixed vulnerability, disclosed 2024-09-18, −1 | ✗ | CVE-2019-25220: a long low-difficulty header chain can exhaust memory because the node has no headers pre-synchronisation; still in Komodo v0.9.2-3. |
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.
135,953,876 KMD are in circulation, against no fixed cap — issuance has no defined end.
| Premine (allocated at launch) | 71.1% of today's supply |
|---|---|
| Sold by the issuer or insiders | 64% of today's supply |
| Developer share received since launch | 0% of today's supply |
| Developer share of new coins today | 0% |
| Fundraising | Public sale |
All 100M KMD at genesis were pre-allocated: 90M sold in the 2016 ICO and 10M kept by the team. Against current supply of 140,660,565 (CoinGecko, 2026-10-23) that is 71.1%.
Public ICO from 15 Oct to 20 Nov 2016 raised 2,639 BTC (about $2M), with a 25% first-day bonus; coins were issued 31 Jan 2017. 90M KMD sold.
The block reward (3 KMD, cut to 1 KMD by KIP0002 in 2024) goes to miners, including notary nodes. The active-user reward paid to holders (5%, cut to 0.01% by KIP0001 in 2023) is not a cut, and there is no dev fund in issuance.
The 90M/10M split comes from secondary sources (Bankbazaar and others); Coinstats claims 100M were distributed in the ICO. The supply base is disputed: CMC shows 135.95M, which would give 73.6% premine and 66.2% sold.
Sources: komodoplatform.com · komodoplatform.com · komodoplatform.com · komodoplatform.com · bitcoinist.com · komodoplatform.com. Researched 2026-10-24, medium confidence.
No source we can reach publishes a hashrate for Komodo.
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.
Komodo is #144 among cryptocurrencies and #940 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 796 places between Komodo'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).