Taraxa ranks #301 of 504 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #3046: 2745 of the 3045 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 3331 non-native assets CoinSpectrum lists above it by market cap, about 82% are tokens, 15% are claims on other assets and 3% are memecoins.
| CoinSpectrum Grade | pending — launch under review |
|---|---|
| Rank among cryptocurrencies | #301 |
| Rank counting claims | #3046 |
| Market capitalisation | $102,167 |
| Price | $0.0000167 |
| Circulating supply | 6,108,240,010 TARA |
| Maximum supply | 12,000,000,000 TARA |
| Consensus family | Proof of Stake |
| Consensus mechanism | Block DAG + PBFT finality (DPoS, VRF) |
| 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. Taraxa'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) | 6.3 | group average, 3 of 13 measured |
| Sound Money Qualities (6 checks) | — | 1.8 of 2 points, 4 not yet measured |
| Scarcity: a fixed cap that holds, and a supply near 21 million | 8.2 | fixed maximum supply of 12 billion: supply scale 6.3, 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 | – | |
| Divisibility: the smallest unit worth a cent or less | ✓ | 18 decimal places, the smallest unit worth $1.7e-23 |
| Portability: fees of a cent or less and capacity for real demand | – | |
| Verifiability: open-source nodes and checking without a trusted server | – | pruned nodes validate everything |
| 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) | ✗ | taraxa-node gossips transactions without 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) | — | too few measures yet 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) | – | not yet measured |
| Block time (10 minutes 10, less either side) | – | not yet measured |
| Block space per 10 minutes (32 MB or more 10) | – | not yet measured |
| Features (3 checks) | 5 | 1 of 2 passed, 1 not yet researched |
| Payments safe to accept within seconds | – | |
| Pruned nodes: a full node can validate and drop old history | ✓ | taraxa-node --light (light plugin) keeps only a configured recent history (light.history, minimum set by kDefaultLightNodeHistoryDays). |
| Light clients verify payments from headers or proofs, without a trusted server | ✗ | Its 'light node' is a history-limited full node, not a header-verifying light client; wallets use RPC. |
| 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 Taraxa's EVM, live since the April 2023 mainnet and open to any account. |
| Smart contracts: a general-purpose contract system | 2 | EVM integrated into Taraxa's block DAG, live since the April 2023 mainnet; on 2026-10-28 its registered RPC host did not resolve and the project page asked validators to upgrade so the network could recover. |
| 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 confirmed; the project describes cross-chain bridging as infrastructure still being rounded out. |
| 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 | 4.7 | group average |
| Supply & Demand (Source) | 3 | average of 6 measures |
| Exchanges (10 or more: 10) | 1 | 1 exchange |
| Daily volume ($10K 0, $1B or more 10) | 1.5 | $52,727 traded in 24 hours; #1916 by volume on the exchanges the site reads (scored on the median day of the last 30, $55,240) |
| Turnover (volume ÷ market cap, 5% a day: 10) | 5.6 | 34% of its market cap a day, median of the last 30 days |
| Order-book depth (bids and asks within 2% ÷ market cap, 1%: 10) | 0 | $0 within 2% of the price on 1 exchange, 0.00% of its market cap, median of the last 2 days |
| Market cap ($1M 0, $10B or more 10) | 0 | $102K, 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) | 6.3 | fixed maximum supply of 12 billion |
| Record | 4 | group average, 2 of 3 measured |
| Record (origin, claims, halts) | — | Not yet reviewed |
| Age (years since genesis) (Source) | 5 | 5 full years since 2021-03-22, the first day with a recorded price (genesis not yet researched, so the age can only be understated). |
| Development (work, improvements, unfixed issues) | 3 | 3 positive, 0 negative source |
| Positive | ||
| Shipped a security fix in two years, +1 | ✓ | taraxa-node v1.13.x (2025): consensus fixes, including leader selection (v1.13.5, Sep 2025) and a vote-counting race (v1.13.7, Dec 2025); v1.13.0 Soleirolia hard fork (block 17,380,000, Apr 2025) fixed DAG validation. |
| Shipped a scaling upgrade in two years, +1 | ✓ | taraxa-node v1.14.0 'dynamic lambda' hard fork at block 24,350,801 (Jan 2026): PBFT finalization time cut from ~3.5 s to ~1.5 s. |
| Shipped a new capability for users in two years, +1 | ✓ | taraxa-node v1.14.0 hard fork (Jan 2026): EIP-7951 (secp256r1 verification) and a Falcon-512 post-quantum signature verifier in the EVM. |
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.
6,108,240,010 of a maximum 12,000,000,000 TARA are in circulation — 50.9% 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.
Taraxa is #301 among cryptocurrencies and #3046 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 2745 places between Taraxa'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).