PlatON ranks #187 of 504 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #1366: 1179 of the 1365 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 1589 non-native assets CoinSpectrum lists above it by market cap, about 74% are tokens, 20% are claims on other assets and 6% are memecoins.
| CoinSpectrum Grade | C · 63/100 · provisional |
|---|---|
| Rank among cryptocurrencies | #187 |
| Rank counting claims | #1366 |
| Market capitalisation | $4M |
| Price | $0.000534 |
| Circulating supply | 7,183,087,242 LAT |
| Maximum supply | no fixed cap |
| Consensus family | Proof of Stake |
| Consensus mechanism | CBFT (Concurrent BFT with PPoS) |
| Network purpose | Private payments |
| 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 — 63 out of 100, provisional (from 19 of 20 criteria, 28 October 2026 build). With what is not yet measured anywhere from nothing to full marks, the score would be 59 to 65 (C 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) | 5.8 | group average, 12 of 13 measured |
| Sound Money Qualities (6 checks) | 8.6 | 4.3 of 5 points, 1 not yet measured source |
| Scarcity: a fixed cap that holds, and a supply near 21 million | 3.3 | no fixed maximum; 7.18 billion in circulation: supply scale 6.6, cap 0 |
| Durability: five years or more with no halt, freeze or reversal | ✓ | 5 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 $5.3e-22 |
| Portability: fees of a cent or less and capacity for real demand | ✓ | typical fee $8e-8; about 9,057 transactions a second (10 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) | 7 | average of 5 parts source |
| Fees ($0.001 or less 10, $1 or more 0) | 10 | typical fee $8e-8 |
| Throughput (2,478 a second, the busiest network's peak day, 10; 119, the median of the ten busiest, 5) | 10 | about 9,057 simple transactions a second |
| Block time (10 minutes 10, less either side) | 0 | a block every 1 second |
| Block space per 10 minutes (32 MB or more 10) | 10 | 12.6 MB limit (converted from its gas, compute, mass or count limit), 7560 MB per 10 minutes |
| Features (3 checks) | 5 | 1 of 2 passed, 1 not yet researched |
| Payments safe to accept within seconds | ✓ | CBFT produces ~1.06-second blocks and confirms them by BFT quorum certificates within a few blocks, so payments are final in a few seconds. |
| Pruned nodes: a full node can validate and drop old history | – | Pruning behaviour of PlatON-Go not established. |
| Light clients verify payments from headers or proofs, without a trusted server | ✗ | No light-client protocol documented for PlatON-Go. |
| Security (miner pay and 7 checks) | 5 | 5 of 9 points 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% | ✓ | 1.76% |
| Largest three under 75% | ✓ | 5.05% |
| More than one maintained client | ✗ | 1 |
| Node software is open source | ✓ | PlatON-Go (GPL-3.0/LGPL), the only client, is developed in the PlatONnetwork GitHub organisation by the PlatON team (LatticeX Foundation / PlatON Foundation); upgrades pass on-chain version proposals. |
| Real on-chain use: 1,000+ transactions a day | ✓ | about 31,900 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 | Solidity (EVM) and WASM smart contracts, open to any account. |
| Smart contracts: a general-purpose contract system | 2 | Solidity (EVM) and WASM contracts on PlatON mainnet (chain ID 210425), open to any account; blocks produced in October 2026. |
| Multisig and time locks | ✓ | EVM/WASM 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; its developer docs list none. |
| Cross-chain messaging the chain verifies itself | ✗ | No protocol-level cross-chain messaging in its developer docs. |
| Non-fungible tokens | ✓ | PRC-721 (ERC-721-equivalent) NFT contracts, with a release tutorial in its developer docs. |
| Decentralisation | 5.6 | section average, 7 of 8 measured |
| Censorship resistant (Source) | 10 | No authority can halt the chain or freeze funds: No protocol-level freeze, blacklist or clawback of LAT and no halt key is documented; slashing only freezes misbehaving validators' stake. source |
| No central team (Source) | 0 | A central team directs it: PlatON-Go (GPL-3.0/LGPL), the only client, is developed in the PlatONnetwork GitHub organisation by the PlatON team (LatticeX Foundation / PlatON Foundation); upgrades pass on-chain version proposals. source |
| Who can mint (Source) | 8.6 | Proof of stake: 8.6 of 10 on the ladder of who produces blocks |
| Nodes (Source) | 8 | 247 active validators or block producers (source: Staking) |
| Holder concentration (Source) | — | Not yet measured |
| Premine (allocated at launch) | 1.3 | 86.6% of today's supply allocated at launch to founders, a company, a foundation or investors. Mainnet genesis (2021-04-25, PlatON-Go DefaultGenesisBlock) allocated 9,727,638,019 LAT to one distribution address plus the PlatON Foundation fund, for 10.05B of insider allocation; the 200M staking reward pool is excluded as open-staker rewards. Against ~11.60B after five 2.5% annual issuances that is ~86.6%. The 20% foundation share of annual issuance is now scored separately as a block-reward cut. source |
| Fundraising | 1.3 | Sold by its issuer or insiders: 86.6% of supply was theirs to sell, 11.1% sold so far. RootData's tokenomics list a private sale of 12.84% of the 10B genesis (1.284B LAT), consistent with the reported rounds ($38M in 2018 and $12M in Oct 2020, HashKey Capital among backers). 1.284B / ~11.60B current supply (after five 2.5% annual issuances) = 11.1%. A $12M private round in Oct 2020 (HashKey Capital among backers) is reported by a secondary source. Tokens sold and price are not established. source |
| Developer share (after launch) | 9.8 | Developer share: about 2.3% of today's supply received so far; 20% of each new block reward goes to them today. Each year, PlatON-Go mints 2.5% of the prior total supply (IncreaseIssuanceRatio 250). 80% goes to the staking reward pool (RewardPoolIncreaseRate = 80) and 20% to the Community Developer Foundation, split 50/50 with the PlatON Foundation after the foundation year. Five issuances since the Apr 2021 genesis: 10.25B x (1.025^5 - 1) = 1.347B, of which 20% = 0.269B, or 2.3% of ~11.60B. The rate is governable; it is assumed unchanged at 2.5%. source |
| Supply & Demand | 6.3 | group average |
| Supply & Demand (Source) | 6 | average of 6 measures |
| Exchanges (10 or more: 10) | 4 | 4 exchanges |
| Daily volume ($10K 0, $1B or more 10) | 4 | $1,006,105 traded in 24 hours; #642 by volume on the exchanges the site reads (scored on the median day of the last 30, $1,036,452) |
| Turnover (volume ÷ market cap, 5% a day: 10) | 6.3 | 24% of its market cap a day, median of the last 30 days |
| Order-book depth (bids and asks within 2% ÷ market cap, 1%: 10) | 10 | $40,384 within 2% of the price on 4 exchanges, 1.1% of its market cap, median of the last 2 days |
| Market cap ($1M 0, $10B or more 10) | 1.5 | $3.8M, 1.5 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) | 6.6 | no fixed maximum; 7.18 billion in circulation |
| Record | 6.3 | 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) | 5 | 5 full years since 2021-05-12, the first day with a recorded price (genesis not yet researched, so the age can only be understated). |
| Development (work, improvements, unfixed issues) | 4 | 3 positive, 4 negative source |
| Positive | ||
| Steady work, 6 of 6 | ✓ | 215 commits in 9 of the last 12 months (github.com/PlatONnetwork/PlatON-Go); PlatON-Go v1.5.2 'Euclid' (2026-10-21); v1.5.1 (2026-03-06), v1.5.0 (2025-04-01) and v1.4.4 (2025-01-22) also fall in the last 24 months. |
| Shipped a security fix in two years, +1 | ✓ | PlatON-Go Euclid v1.5.2, Oct 2026: fixed ViewChangeQC verification that let one validator forge a view-change quorum by signing multiple hashes. |
| Shipped a new capability for users in two years, +1 | ✓ | PlatON-Go Pauli v1.5.0, Apr 2025: Berlin and London upgrades (EIP-2718 typed transactions, EIP-2930 access lists, EIP-1559 transactions). |
| 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; PlatON-Go v1.5.2 (geth fork; the RPC reports v1.5.0) 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; PlatON-Go v1.5.2 (geth fork; the RPC reports v1.5.0) 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; PlatON-Go v1.5.2 (geth fork; the RPC reports v1.5.0) 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; PlatON-Go v1.5.2 (geth fork; the RPC reports v1.5.0) 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.
7,183,087,242 LAT are in circulation, against no fixed cap — issuance has no defined end.
| Premine (allocated at launch) | 86.6% of today's supply |
|---|---|
| Sold by the issuer or insiders | 11.1% of today's supply |
| Developer share received since launch | 2.3% of today's supply |
| Developer share of new coins today | 20% |
| Nodes or validators | 247 |
| Fundraising | Private or venture funding |
Mainnet genesis (2021-04-25, PlatON-Go DefaultGenesisBlock) allocated 9,727,638,019 LAT to one distribution address plus the PlatON Foundation fund, for 10.05B of insider allocation; the 200M staking reward pool is excluded as open-staker rewards. Against ~11.60B after five 2.5% annual issuances that is ~86.6%. The 20% foundation share of annual issuance is now scored separately as a block-reward cut.
A $12M private round in Oct 2020 (HashKey Capital among backers) is reported by a secondary source. Tokens sold and price are not established.
RootData's tokenomics list a private sale of 12.84% of the 10B genesis (1.284B LAT), consistent with the reported rounds ($38M in 2018 and $12M in Oct 2020, HashKey Capital among backers). 1.284B / ~11.60B current supply (after five 2.5% annual issuances) = 11.1%.
Each year, PlatON-Go mints 2.5% of the prior total supply (IncreaseIssuanceRatio 250). 80% goes to the staking reward pool (RewardPoolIncreaseRate = 80) and 20% to the Community Developer Foundation, split 50/50 with the PlatON Foundation after the foundation year. Five issuances since the Apr 2021 genesis: 10.25B x (1.025^5 - 1) = 1.347B, of which 20% = 0.269B, or 2.3% of ~11.60B. The rate is governable; it is assumed unchanged at 2.5%.
The current total (~11.6B) is computed from protocol parameters, not read on-chain, and fee burns or slashing could shift it slightly. A BingX breakdown lists genesis buckets (LatticeX Foundation 15%, Reserve 15%, Ecosystem 10%, Developer 10%, Research 10%, Alaya support 5%) covering only 65%.
Sources: rootdata.com · coinranking.com · github.com · jb51.net · github.com · github.com. Researched 2026-10-26, 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.
PlatON is #187 among cryptocurrencies and #1366 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 1179 places between PlatON'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).