Shyft Network ranks #256 of 504 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #2319: 2063 of the 2318 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 2585 non-native assets CoinSpectrum lists above it by market cap, about 79% are tokens, 17% are claims on other assets and 4% are memecoins.
| CoinSpectrum Grade | pending — launch under review |
|---|---|
| Rank among cryptocurrencies | #256 |
| Rank counting claims | #2319 |
| Market capitalisation | $488,771 |
| Price | $0.000209 |
| Circulating supply | 2,335,062,791 SHFT |
| Maximum supply | 2,520,000,000 SHFT |
| Consensus family | Proof of Authority |
| Consensus mechanism | Aura PoA (validator contract) |
| Network purpose | General purpose |
| 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. Shyft 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) | 7.3 | group average |
| Consensus: leader ladder | 7.3 | Proof of authority: 7.3 of 10 on the ladder of consensus families ranked by their largest chain's market cap |
| Consensus: family ladder | 7.3 | Proof of authority: 7.3 of 10 on the ladder of families ranked by the combined market cap of their chains |
| Cryptocurrency Standards (Source) | 4.1 | group average, 6 of 13 measured |
| Sound Money Qualities (6 checks) | 3.8 | 1.9 of 5 points, 1 not yet measured |
| Scarcity: a fixed cap that holds, and a supply near 21 million | 8.6 | fixed maximum supply of 2.52 billion: supply scale 7.2, cap 10 |
| 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 | ✗ | an authority can freeze funds |
| Divisibility: the smallest unit worth a cent or less | ✓ | 18 decimal places, the smallest unit worth $2.1e-22 |
| Portability: fees of a cent or less and capacity for real demand | ✗ | typical fee $1e-8; about 42 transactions a second (3.3 on the throughput scale; 5 is the busiest networks' median demand) |
| Verifiability: open-source nodes and checking without a trusted server | ✗ | no light clients or pruned nodes |
| 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) | ✗ | No origin-hiding relay; the node gossips transactions over plain devp2p. |
| Hidden amounts (confidential transactions, RingCT, shielded pools, Mimblewimble) | ✗ | Account-based EVM transfers; amounts are public. |
| Hidden sender and receiver (ring signatures or zero-knowledge proofs, one-time or stealth addresses) | ✗ | Plain account addresses; sender and receiver are public. |
| Scalability (fees, throughput, block time, block space, features) | 5.9 | average of 5 parts source |
| Fees ($0.001 or less 10, $1 or more 0) | 10 | typical fee $1e-8 |
| Throughput (2,478 a second, the busiest network's peak day, 10; 119, the median of the ten busiest, 5) | 3.3 | about 42 simple transactions a second |
| Block time (10 minutes 10, less either side) | 6 | a block every 45 seconds |
| Block space per 10 minutes (32 MB or more 10) | 10 | 2.5 MB limit (converted from its gas, compute, mass or count limit), 33.3 MB per 10 minutes |
| Features (3 checks) | 0 | 0 of 2 passed, 1 not yet researched |
| Payments safe to accept within seconds | – | |
| Pruned nodes: a full node can validate and drop old history | ✗ | Public nodes run Nethermind v1.25.4, which prunes state but keeps all block bodies and receipts; no history expiry for this chain. |
| Light clients verify payments from headers or proofs, without a trusted server | ✗ | No working light-client protocol: wallets read balances from RPC servers they must trust. |
| 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 Shyft's own EVM chain (go-empyrean, chain ID 7341), launched July 2021 and still producing blocks, with contract deployment open to any account. |
| Smart contracts: a general-purpose contract system | 2 | EVM on Shyft Network's own chain (go-empyrean, chain ID 7341), launched July 2021 and producing blocks on 2026-10-28. |
| Multisig and time locks | ✓ | m-of-n multisig and time-lock contracts (Safe-style wallets, timelock controllers) run on its EVM like on Ethereum. |
| Atomic swaps with other chains | ✓ | Hash-time-locked contracts are expressible in Solidity on its EVM, as in EVM HTLC swap implementations. |
| An exchange built into the protocol | ✗ | No exchange in the protocol; DEXs on the chain are user-deployed contracts. |
| Cross-chain messaging the chain verifies itself | ✗ | No protocol-level cross-chain messaging; bridges to other chains are contracts run by operators. |
| Non-fungible tokens | ✓ | ERC-721 contracts run on its EVM. |
| Decentralisation | 2.2 | section average, 2 of 8 measured |
| Censorship resistant (Source) | 0 | An authority can halt the chain or freeze funds |
| No central team (Source) | — | Not yet researched |
| Who can mint (Source) | 4.3 | Proof of authority: 4.3 of 10 on the ladder of who produces blocks |
| 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 | 5.3 | group average |
| Supply & Demand (Source) | 3.4 | average of 6 measures |
| Exchanges (10 or more: 10) | 1 | 1 exchange |
| Daily volume ($10K 0, $1B or more 10) | 0 | $276 traded in 24 hours; #3450 by volume on the exchanges the site reads (scored on the median day of the last 26, $731) |
| Turnover (volume ÷ market cap, 5% a day: 10) | 1.5 | 0.12% of its market cap a day, median of the last 26 days |
| Order-book depth (bids and asks within 2% ÷ market cap, 1%: 10) | 8 | $1,270 within 2% of the price on 1 exchange, 0.26% of its market cap, median of the last 2 days |
| Market cap ($1M 0, $10B or more 10) | 0 | $489K, 0 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) | 7.2 | fixed maximum supply of 2.52 billion |
| Record | 5 | group average, 1 of 3 measured |
| Record (origin, claims, halts) | — | Not yet reviewed |
| Age (years since genesis) (Source) | 5 | 5 full years since 2021-03-27, the first day with a recorded price (genesis not yet researched, so the age can only be understated). |
| Development (work, improvements, unfixed issues) | — | Not yet measured: no commit count and no release research |
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.
2,335,062,791 of a maximum 2,520,000,000 SHFT are in circulation — 92.7% of the total that will ever exist.
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.
Shyft Network is #256 among cryptocurrencies and #2319 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 2063 places between Shyft 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).