OctaSpace ranks #190 of 504 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #1459: 1269 of the 1458 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 1692 non-native assets CoinSpectrum lists above it by market cap, about 75% are tokens, 20% are claims on other assets and 6% are memecoins.
| CoinSpectrum Grade | B · 67/100 · provisional |
|---|---|
| Rank among cryptocurrencies | #190 |
| Rank counting claims | #1459 |
| Market capitalisation | $3M |
| Price | $0.0752 |
| Circulating supply | 39,984,352 OCTA |
| Maximum supply | 48,000,000 OCTA |
| Consensus family | Proof of Work |
| Consensus mechanism | Ethash (EVM-compatible) |
| Own hashrate | 1.29 TH/s |
| Network purpose | Distributed compute |
| Ledger type | Multi-asset ledger |
| Launch distribution | No premine |
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 70 (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) | 6.8 | group average, 11 of 13 measured |
| Sound Money Qualities (6 checks) | 6 | 3 of 5 points, 1 not yet measured source |
| Scarcity: a fixed cap that holds, and a supply near 21 million | 9.8 | fixed maximum supply of 48 million: supply scale 9.5, cap 10 |
| Durability: five years or more with no halt, freeze or reversal | ✗ | 3 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 | ✓ | 18 decimal places, the smallest unit worth $7.5e-20 |
| Portability: fees of a cent or less and capacity for real demand | ✗ | typical fee $0.0000024; about 109 transactions a second (4.9 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 |
| Privacy (5 checks) | 2 | 1 of 5 passed source |
| Whitepaper privacy: keys are not tied to an identity | ✓ | Accounts are derived from user-generated keys and the EVM checks only signatures and balances; no identity check is part of the chain's 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) | ✗ | Devp2p relays transactions directly from the sending node; no Dandelion-style relay or built-in Tor. |
| Hidden amounts (confidential transactions, RingCT, shielded pools, Mimblewimble) | ✗ | Account-based EVM chain with public balances and transfer amounts. |
| Hidden sender and receiver (ring signatures or zero-knowledge proofs, one-time or stealth addresses) | ✗ | Sender and receiver addresses are public; no ring signatures, ZK sender proofs or stealth addresses in the protocol. |
| Scalability (fees, throughput, block time, block space, features) | 5.8 | average of 5 parts source |
| Fees ($0.001 or less 10, $1 or more 0) | 10 | typical fee $0.0000024 |
| Throughput (2,478 a second, the busiest network's peak day, 10; 119, the median of the ten busiest, 5) | 4.9 | about 109 simple transactions a second |
| 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) | 10 | 1.88 MB limit (converted from its gas, compute, mass or count limit), 93.8 MB per 10 minutes |
| Features (3 checks) | 0 | 0 of 2 passed, 1 not yet researched |
| Payments safe to accept within seconds | ✗ | Ethash proof-of-work with ~13 s blocks and probabilistic finality; no instant-lock or double-spend-proof mechanism. |
| Pruned nodes: a full node can validate and drop old history | ✗ | go-ethereum 1.10.17 base prunes state only; full nodes keep every block. |
| Light clients verify payments from headers or proofs, without a trusted server | – | go-octa is based on go-ethereum 1.10.17, which still contains the LES light protocol, but whether any node serves it is unknown. |
| Security (miner pay and 7 checks) | 4 | 4 of 9 points source |
| Miners paid a day ($1,000 0, $10 million or more 10), 2 points | 0 | about $541 a day |
| Its own hashrate: at least half its algorithm's largest, not merge-mined | ✗ | |
| Largest pool or validator under 50% | ✓ | 49.5% |
| Largest three under 75% | ✗ | 96.2% |
| More than one maintained client | ✗ | 1 |
| Node software is open source | ✓ | The only client, go-octa (a go-ethereum fork under LGPL/GPL), lives in the OctaSpace GitHub organisation, which also sets the reward forks. |
| Real on-chain use: 1,000+ transactions a day | ✓ | about 1,926 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 | ERC-20 contracts on its go-ethereum-based EVM chain (chain ID 800001), open to any account; third-party ERC-20s appear on its explorer. |
| Smart contracts: a general-purpose contract system | 2 | go-ethereum-based EVM chain (chain ID 800001), open to any account; blocks produced in October 2026. |
| Multisig and time locks | ✓ | EVM contracts can enforce m-of-n signatures and block-time locks. |
| Atomic swaps with other chains | ✓ | Hash-locked, time-locked contracts can be written for its EVM. |
| An exchange built into the protocol | ✗ | No exchange in the protocol. |
| Cross-chain messaging the chain verifies itself | ✗ | No protocol-level cross-chain messaging found. |
| Non-fungible tokens | ✓ | ERC-721 contracts on its EVM. |
| Decentralisation | 8.1 | section average, 6 of 8 measured |
| Censorship resistant (Source) | 10 | No authority can halt the chain or freeze funds: No protocol-level freeze, blacklist or halt key; the development and node-staking funds are ordinary addresses credited by the reward code. source |
| No central team (Source) | 0 | A central team directs it: The only client, go-octa (a go-ethereum fork under LGPL/GPL), lives in the OctaSpace GitHub organisation, which also sets the reward forks. 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) | 10 | 0% of today's supply allocated at launch to founders, a company, a foundation or investors. No genesis allocation or instamine: every OCTA has been issued as block rewards. The development-fund share (5.78M OCTA) is now scored as a block-reward cut. source |
| Fundraising | 10 | No sale of the coin source |
| Developer share (after launch) | 8.8 | Developer share: about 12.5% of today's supply received so far; 15% of each new block reward goes to them today. go-octa credits a development fund (0xfD208bfe…) every block: 1.5 OCTA to block 1,499,999, then 1.0, 0.5, 0.4 (from 2.5M) and 0.3 (from 6M); now 0.3 of 2.0 OCTA = 15%. To height 10,606,624 that sums to 5.78M OCTA = 12.5% of 46.42M (Blockscout coinsupply). A larger node-staking fund (0.7 OCTA a block now, 15.9M so far) pays OctaSpace compute nodes and is treated as node-operator rewards, not a cut. source |
| Supply & Demand | 6.4 | group average |
| Supply & Demand (Source) | 3.3 | average of 6 measures |
| Exchanges (10 or more: 10) | 2 | 2 exchanges |
| Daily volume ($10K 0, $1B or more 10) | 0 | $10,291 traded in 24 hours; #2739 by volume on the exchanges the site reads (scored on the median day of the last 30, $6,963) |
| Turnover (volume ÷ market cap, 5% a day: 10) | 2.1 | 0.16% of its market cap a day, median of the last 30 days |
| Order-book depth (bids and asks within 2% ÷ market cap, 1%: 10) | 4.5 | $656 within 2% of the price on 2 exchanges, 0.02% of its market cap, median of the last 2 days |
| Market cap ($1M 0, $10B or more 10) | 1.2 | $3.0M, 1.2 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) | 9.5 | fixed maximum supply of 48 million |
| Record | 4.3 | 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) | 3 | 3 full years since 2023-04-05, the first day with a recorded price (genesis not yet researched, so the age can only be understated). |
| Development (work, improvements, unfixed issues) | 0 | 1 positive, 4 negative source |
| Positive | ||
| Steady work, 2 of 6 | ✓ | 0 commits in 0 of the last 12 months (github.com/octaspace/go-octa); go-octa v2.0.2, released 2024-11-04, is the only release in the last 24 months (previous: v2.0.1, 2024-09-26). |
| Negative | ||
| Unfixed vulnerability, disclosed 2023-09-06, −1 | ✗ | go-ethereum GHSA-ppjg-v974-84cm (CVE-2023-40591, High) lets a flood of p2p pings spawn unbounded goroutines until the node runs out of memory; go-octa v2.0.2 (geth 1.10.17 base per its README; the RPC reports v2.0.2-octa) still answers pings in a new goroutine (fixed in 1.12.1). |
| Unfixed vulnerability, disclosed 2024-05-06, −1 | ✗ | go-ethereum GHSA-4xc9-8hmq-j652 (CVE-2024-32972, High) lets a GetBlockHeaders request with count 0 make the node load every header back to genesis; go-octa v2.0.2 (geth 1.10.17 base per its README; the RPC reports v2.0.2-octa) lacks the 1.13.15 cap. |
| Unfixed vulnerability, disclosed 2026-01-13, −1 | ✗ | go-ethereum GHSA-mr7q-c9w9-wh4h (CVE-2026-22862, High) lets a crafted p2p message crash the node with a too-short ECIES ciphertext; go-octa v2.0.2 (geth 1.10.17 base per its README; the RPC reports v2.0.2-octa) lacks the 1.16.8 length check. |
| Unfixed vulnerability, disclosed 2026-02-17, −1 | ✗ | go-ethereum GHSA-2gjw-fg97-vg3r (CVE-2026-26314, High) lets a crafted p2p message crash the node through unchecked secp256k1 point coordinates; go-octa v2.0.2 (geth 1.10.17 base per its README; the RPC reports v2.0.2-octa) lacks the 1.16.9 coordinate check. |
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.
39,984,352 of a maximum 48,000,000 OCTA are in circulation — 83.3% of the total that will ever exist.
| Premine (allocated at launch) | 0% of today's supply |
|---|---|
| Sold by the issuer or insiders | 0% of today's supply |
| Developer share received since launch | 12.5% of today's supply |
| Developer share of new coins today | 15% |
| Fundraising | No sale and no investor round |
No genesis allocation or instamine: every OCTA has been issued as block rewards. The development-fund share (5.78M OCTA) is now scored as a block-reward cut.
No sale. OctaSpace's docs state that no coins were premined or pre-allocated, including to the team.
go-octa credits a development fund (0xfD208bfe…) every block: 1.5 OCTA to block 1,499,999, then 1.0, 0.5, 0.4 (from 2.5M) and 0.3 (from 6M); now 0.3 of 2.0 OCTA = 15%. To height 10,606,624 that sums to 5.78M OCTA = 12.5% of 46.42M (Blockscout coinsupply). A larger node-staking fund (0.7 OCTA a block now, 15.9M so far) pays OctaSpace compute nodes and is treated as node-operator rewards, not a cut.
The site has no label yet. 'No premine' is accurate, but the dev fund takes a block-reward share, which counts here. The dev total is computed from the published schedule. On-chain supply is about 0.7M above the schedule's 45.7M, probably uncle rewards; the dev address balance was not checked directly.
Sources: github.com · github.com · scan.octa.space · docs.octa.space · pool.kryptex.com. Researched 2026-10-24, high confidence.
OctaSpace is secured by 1.29 TH/s of its own work. Hashrate does not compare across algorithms — a SHA-256 hash and a Scrypt hash cost different amounts to produce.
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.
OctaSpace is #190 among cryptocurrencies and #1459 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 1269 places between OctaSpace'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).