Shardeum (New) ranks #250 of 504 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #2122: 1872 of the 2121 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 2375 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 | #250 |
| Rank counting claims | #2122 |
| Market capitalisation | $715,990 |
| Price | $0.0000382 |
| Circulating supply | 18,736,946,919 SHM |
| Maximum supply | no fixed cap |
| Consensus family | Proof of Stake |
| Consensus mechanism | Proof of Quorum (PoS-staked) |
| Network purpose | Smart-contract platform |
| 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. Shardeum (New)'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) | 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) | 6.8 | group average, 5 of 13 measured |
| Sound Money Qualities (6 checks) | 5.8 | 2.3 of 4 points, 2 not yet measured |
| Scarcity: a fixed cap that holds, and a supply near 21 million | 3.1 | no fixed maximum; 18.7 billion in circulation: supply scale 6.1, cap 0 |
| Durability: five years or more with no halt, freeze or reversal | ✗ | 1 full year 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 $3.8e-23 |
| Portability: fees of a cent or less and capacity for real demand | ✓ | typical fee $0.0018; about 851 transactions a second (8.2 on the throughput scale; 5 is the busiest networks' median demand) |
| Verifiability: open-source nodes and checking without a trusted server | – | light clients verify from headers or proofs |
| 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) | ✗ | shardeumd (Cosmos EVM fork, Oct 2025 mainnet) gossips over CometBFT p2p with no origin hiding. |
| 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) | 8 | average of 5 parts source |
| Fees ($0.001 or less 10, $1 or more 0) | 9.1 | typical fee $0.0018 |
| Throughput (2,478 a second, the busiest network's peak day, 10; 119, the median of the ten busiest, 5) | 8.2 | about 851 simple transactions a second |
| Block time (10 minutes 10, less either side) | 2.7 | a block every 5.59 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), 268 MB per 10 minutes |
| Features (3 checks) | 10 | 2 of 2 passed, 1 not yet researched |
| Payments safe to accept within seconds | – | |
| Pruned nodes: a full node can validate and drop old history | ✓ | Cosmos SDK pruning ('default'/'everything') plus CometBFT min-retain-blocks and state sync let a node keep only recent state and blocks. |
| Light clients verify payments from headers or proofs, without a trusted server | ✓ | CometBFT 0.38 light client in shardeumd verifies headers from validator signatures. |
| 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) | 8.9 | 8 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; the mainnet RPC (chain ID 8118) is producing blocks. |
| Smart contracts: a general-purpose contract system | 2 | EVM in shardeumd, a Cosmos EVM fork, on the mainnet (chain ID 8118), which was producing blocks on 2026-10-28; contract deployment is open. |
| 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 module in the shardeumd app; DEXs are user-deployed contracts. |
| Cross-chain messaging the chain verifies itself | ✓ | IBC core, the ICS-20 transfer module and the 07-tendermint light client (ibc-go v10) are wired into the shardeumd app; no open IBC channel was confirmed. |
| Non-fungible tokens | ✓ | ERC-721 contracts run on its EVM. |
| Decentralisation | 8.6 | section average, 1 of 8 measured |
| Censorship resistant (Source) | — | Not yet researched |
| No central team (Source) | — | Not yet researched |
| Who can mint (Source) | 8.6 | Proof of stake: 8.6 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 | 5.8 | group average |
| Supply & Demand (Source) | 5.5 | average of 6 measures |
| Exchanges (10 or more: 10) | 3 | 3 exchanges |
| Daily volume ($10K 0, $1B or more 10) | 1.9 | $87,674 traded in 24 hours; #1600 by volume on the exchanges the site reads (scored on the median day of the last 30, $93,381) |
| Turnover (volume ÷ market cap, 5% a day: 10) | 7.8 | 13% 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 | $7,087 within 2% of the price on 3 exchanges, 0.99% of its market cap, median of the last 2 days |
| Market cap ($1M 0, $10B or more 10) | 0 | $716K, 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) | 6.1 | no fixed maximum; 18.7 billion in circulation |
| Record | 0.5 | group average, 2 of 3 measured |
| Record (origin, claims, halts) | — | Not yet reviewed |
| Age (years since genesis) (Source) | 1 | 1 full year since 2025-05-08, 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, 1 negative source |
| Positive | ||
| Shipped a security fix in two years, +1 | ✓ | shardeum-evm v1.0.2, Sep 2026: fixed critical GHSA-7g4w-cg88-2cq2 (StateDB balance underflow) and GHSA-367m-g444-9mg3 (non-atomic commit); carried into the v1.1.0 upgrade at block 7,927,860 (Oct 2026). |
| Negative | ||
| Exploit of the chain, 2025-07-12, −1 | ✗ | An attacker exploited Shardeum's cycle and staking-reward logic to make the network treat one node as active since 2019, crediting about 502,692 SHM in cycle 111165; the attacker returned the SHM, the team patched the node software and burned the amount on 30 July 2025. |
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.
18,736,946,919 SHM 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.
Shardeum (New) is #250 among cryptocurrencies and #2122 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 1872 places between Shardeum (New)'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).