Onix (ONX)

Onix ranks #470 of 504 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #5525: 5055 of the 5524 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.

CoinSpectrum Gradepending — launch under review
Rank among cryptocurrencies#470
Rank counting claims#5525
Price$0.000665
Circulating supply0 ONX
Maximum supply141,472,000 ONX
Consensus familyProof of Work
Consensus mechanismX11
Own hashrate—
Network purposePayments
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. Onix'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)10group average
Consensus: leader ladder10Proof of work: 10 of 10 on the ladder of consensus families ranked by their largest chain's market cap
Consensus: family ladder10Proof of work: 10 of 10 on the ladder of families ranked by the combined market cap of their chains
Cryptocurrency Standards (Source)5.9group average, 9 of 13 measured
Sound Money Qualities (6 checks)8.35 of 6 points source
Scarcity: a fixed cap that holds, and a supply near 21 million9.5fixed maximum supply of 141 million: supply scale 8.9, cap 10
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 $6.6e-12
Portability: fees of a cent or less and capacity for real demand✗about 98 transactions a second (4.7 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)42 of 5 passed source
Whitepaper privacy: keys are not tied to an identity✓Onix's Bitcoin-derived node (onix-project/onixcoin) has no identity rule: anyone generates keys and receives and sends the coin.
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)✗Onix v1.1.3.0 (Jul 2019): no Dandelion relay in the node; Tor is only an optional proxy setting (-tor/-onion) the user must configure.
Hidden amounts (confidential transactions, RingCT, shielded pools, Mimblewimble)✗Onix v1.1.3.0 (Jul 2019): Bitcoin-style transparent outputs; no confidential amounts.
Hidden sender and receiver (ring signatures or zero-knowledge proofs, one-time or stealth addresses)✗Onix v1.1.3.0 (Jul 2019): Bitcoin-style transparent addresses; no ring signatures, zero-knowledge spends or stealth addresses.
Scalability (fees, throughput, block time, block space, features)6.6average of 4 parts 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)4.7about 98.3 simple transactions a second
Block time (10 minutes 10, less either side)8.1a block every 3 minutes
Block space per 10 minutes (32 MB or more 10)8.54 MB limit, 13.3 MB per 10 minutes
Features (3 checks)51 of 2 passed, 1 not yet researched
Payments safe to accept within seconds–Two codebases (Bitcoin-0.8-era onixcoin and Dash-based onixcore beta); which one the network last ran is unclear.
Pruned nodes: a full node can validate and drop old history✗Onix v1.1.3.0 (Jul 2019): no -prune option; the node keeps the full block history.
Light clients verify payments from headers or proofs, without a trusted server✓Onix v1.1.3.0 (Jul 2019): proof-of-work chain whose node serves BIP37 bloom-filtered merkleblock proofs, so an SPV client can check headers and Merkle proofs.
Security (miner pay and 7 checks)—2 of 3 points, 6 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–
Largest pool or validator under 50%–
Largest three under 75%–
More than one maintained client✗0
Node software is open source✓Venezuelan Onix project team (github.com/onix-project), MIT-licensed Bitcoin-derived code.
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 contracts: scripting for spending conditions1Onix v1.1.3.0 (Jul 2019): Bitcoin-style Script (signatures, hashes, CHECKMULTISIG) limited to spending conditions; no contract platform.
Multisig and time locks✗Onix v1.1.3.0 (Jul 2019): CHECKMULTISIG is present, but the script interpreter has no OP_CHECKLOCKTIMEVERIFY or OP_CHECKSEQUENCEVERIFY (the code base predates BIP65/BIP112), so no output can be time-locked.
Atomic swaps with other chains✗Onix v1.1.3.0 (Jul 2019): without a lock-time opcode Script cannot express the refund branch of an HTLC, and no adaptor-signature swap exists for the coin.
An exchange built into the protocol✗Onix v1.1.3.0 (Jul 2019): no order book or market maker in the ledger rules.
Cross-chain messaging the chain verifies itself✗Onix v1.1.3.0 (Jul 2019): no cross-chain message or light-client verification in the protocol.
Non-fungible tokens✗Onix v1.1.3.0 (Jul 2019): no token or NFT type in the consensus rules.
Decentralisation6.6section average, 5 of 8 measured
Censorship resistant (Source)10No authority can halt the chain or freeze funds: No freeze function in the code. source
No central team (Source)0A central team directs it: Venezuelan Onix project team (github.com/onix-project), MIT-licensed Bitcoin-derived code. source
Who can mint (Source)10Proof 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)2.970.7% of today's supply allocated at launch to founders, a company, a foundation or investors. GetBlockValue in onix-project/onixcoin pays 100,000,000 ONX at block 1 ('pre-mine') against a schedule of 60 ONX halving every 345,600 blocks (cap ~141.47M); 100M / 141.47M = 70.7%, and higher against current supply if mining stopped early (~73% if the chain stalled around 2019). source
Fundraising—Launch not yet researched
Developer share (after launch)10No developer share: every new coin goes to the miners or validators who produce blocks. The code pays the whole subsidy to the miner; no fund output. source
Supply & Demand4.5group average
Supply & Demand (Source)0average of 1 measure
Exchanges (10 or more: 10)0no 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)–not measured
Market cap ($1M 0, $10B or more 10)–not measured
Paper trading (futures, options and margin ÷ market cap, 0%: 10, 100%: 0)–not measured
Supply (smaller is better)8.9fixed maximum supply of 141 million
Record6.3group average
Record (origin, claims, halts)103 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)99 full years since 2017-06-25, the first day with a recorded price (genesis not yet researched, so the age can only be understated).
Development (work, improvements, unfixed issues)00 positive, 5 negative source
Negative
Steady work, 0 of 6✗0 commits in 0 of the last 12 months (github.com/onix-project/onixcoin); Last release v1.1.3.0 on 2019-07-24 (onix-project/onixcoin); onixcore stopped at v5.0.0-beta.44 (2017-11-22).
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 Onix 1.1.3.0.
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 Onix 1.1.3.0.
Unfixed vulnerability, disclosed 2024-07-31, −1✗CVE-2024-52919: addr-message spam can overflow the address manager's 32-bit id counter and crash the node, with no addr rate limit; still in Onix 1.1.3.0.
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 Onix 1.1.3.0.

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

0 of a maximum 141,472,000 ONX are in circulation — 0.0% of the total that will ever exist.

Launch and allocation

Premine (allocated at launch)70.7% of today's supply
Developer share received since launch0% of today's supply
Developer share of new coins today0%

GetBlockValue in onix-project/onixcoin pays 100,000,000 ONX at block 1 ('pre-mine') against a schedule of 60 ONX halving every 345,600 blocks (cap ~141.47M); 100M / 141.47M = 70.7%, and higher against current supply if mining stopped early (~73% if the chain stalled around 2019).

No ICO record found; premine purpose unknown.

Use of the 100M premine is not documented.

The code pays the whole subsidy to the miner; no fund output.

70.7% of the cap was premined in block 1. The project appears defunct.

Sources: raw.githubusercontent.com · github.com · github.com · api.coinpaprika.com. Researched 2026-10-26, low confidence.

The work behind it

No source we can reach publishes a hashrate for Onix.

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 Onix

Onix is #470 among cryptocurrencies and #5525 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 5055 places between Onix'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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