REI Network ranks #221 of 504 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #1730: 1509 of the 1729 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 1967 non-native assets CoinSpectrum lists above it by market cap, about 77% are tokens, 19% are claims on other assets and 5% are memecoins.
| CoinSpectrum Grade | pending — launch under review |
|---|---|
| Rank among cryptocurrencies | #221 |
| Rank counting claims | #1730 |
| Market capitalisation | $2M |
| Price | $0.00172 |
| Circulating supply | 950,000,000 REI |
| Maximum supply | no fixed cap |
| Consensus family | Other |
| Consensus mechanism | — not yet curated |
| Ledger type | Single-asset ledger |
Market figures from the 28 October 2026 build. Open the live view for every exchange's price, and charts.
Grade pending. REI Network'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.
| Criterion | Score | Basis |
|---|---|---|
| Leading Consensus Mechanisms (Source) | — | group average, 0 of 2 measured |
| Consensus: leader ladder | — | Consensus not yet reviewed |
| Consensus: family ladder | — | Consensus not yet reviewed |
| Cryptocurrency Standards (Source) | 4.4 | group average, 3 of 13 measured |
| Sound Money Qualities (6 checks) | — | 1.4 of 2 points, 4 not yet measured |
| Scarcity: a fixed cap that holds, and a supply near 21 million | 3.9 | no fixed maximum; 950 million in circulation: supply scale 7.8, cap 0 |
| Durability: five years or more with no halt, freeze or reversal | – | 5 full years since its first recorded price, record not yet reviewed |
| Fungibility: every unit interchangeable, none the protocol can freeze or set apart | – | |
| Divisibility: the smallest unit worth a cent or less | ✓ | 18 decimal places, the smallest unit worth $1.7e-21 |
| Portability: fees of a cent or less and capacity for real demand | – | about 301 transactions a second (6.5 on the throughput scale; 5 is the busiest networks' median demand) |
| Verifiability: open-source nodes and checking without a trusted server | – | |
| Privacy (5 checks) | 2.5 | 1 of 5 passed, 1 not yet measured 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) | 2.8 | average of 3 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) | 6.5 | about 301 simple transactions a second |
| Block time (10 minutes 10, less either side) | 1.8 | a block every 3.19 seconds |
| Block space per 10 minutes (32 MB or more 10) | – | no fixed byte limit (gas, compute units or mass instead), left out |
| Features (3 checks) | 0 | 0 of 1 passed, 2 not yet researched |
| Payments safe to accept within seconds | – | |
| Pruned nodes: a full node can validate and drop old history | – | Pruning behaviour not documented. |
| Light clients verify payments from headers or proofs, without a trusted server | ✗ | The REI node (TypeScript, ethereumjs-based) offers no light client. |
| Security (miner pay and 7 checks) | — | 0 of 3 points, 6 not yet measured |
| 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% | – | |
| Largest three under 75% | – | |
| More than one maintained client | – | |
| Node software is open source | – | |
| Real on-chain use: 1,000+ transactions 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 EVM, open to any account. |
| Smart contracts: a general-purpose contract system | 2 | EVM on REI Network (chain ID 47805, its own client), 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 | — | section average, 0 of 8 measured |
| Censorship resistant (Source) | — | Not yet researched |
| No central team (Source) | — | Not yet researched |
| Who can mint (Source) | — | Consensus not yet reviewed |
| Nodes (Source) | — | Not yet counted |
| Holder concentration (Source) | — | Not yet measured |
| Premine (allocated at launch) | — | Launch not yet researched |
| Fundraising | — | Launch not yet researched |
| Developer share (after launch) | — | Not yet researched |
| Supply & Demand | 6 | group average |
| Supply & Demand (Source) | 4.2 | average of 5 measures |
| Exchanges (10 or more: 10) | 1 | 1 exchange |
| Daily volume ($10K 0, $1B or more 10) | 1.3 | $12,250 traded in 24 hours; #1999 by volume on the exchanges the site reads (scored on the median day of the last 30, $45,053) |
| Turnover (volume ÷ market cap, 5% a day: 10) | 8.4 | 2.5% of its market cap a day, median of the last 30 days |
| 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) | 0.5 | $1.6M, 0.5 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) | 7.8 | no fixed maximum; 950 million in circulation |
| Record | 3 | group average, 2 of 3 measured |
| Record (origin, claims, halts) | — | Not yet reviewed |
| Age (years since genesis) (Source) | 5 | 5 full years since 2020-10-29, the first day with a recorded price (genesis not yet researched, so the age can only be understated). |
| Development (work, improvements, unfixed issues) | 1 | 1 positive, 0 negative source |
| Positive | ||
| Shipped a security fix in two years, +1 | ✓ | REI 3.0.3 (published Jun 2025): security release validating that sender public keys lie on the curve, preventing crashes from crafted messages. |
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.
950,000,000 REI are in circulation, against no fixed cap — issuance has no defined end.
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.
REI Network is #221 among cryptocurrencies and #1730 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 1509 places between REI Network'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).