Verus ranks #489 of 504 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #5604: 5115 of the 5603 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.
| CoinSpectrum Grade | pending — launch under review |
|---|---|
| Rank among cryptocurrencies | #489 |
| Rank counting claims | #5604 |
| Price | $0.1755 |
| Circulating supply | 0 VRSC |
| Maximum supply | 83,540,184 VRSC |
| Consensus family | Hybrid |
| Consensus mechanism | VerusHash PoW + PoS (50/50) |
| Own hashrate | — |
| Ledger type | Multi-asset ledger |
| Launch distribution | No premine |
Market figures from the 28 October 2026 build. Open the live view for every exchange's price, and charts.
Grade pending. Fewer than six of Verus's nine network-security points are measured yet. 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) | 4.5 | group average |
| Consensus: leader ladder | 4.5 | Hybrid: 4.5 of 10 on the ladder of consensus families ranked by their largest chain's market cap |
| Consensus: family ladder | 4.5 | Hybrid: 4.5 of 10 on the ladder of families ranked by the combined market cap of their chains |
| Cryptocurrency Standards (Source) | 9.2 | group average, 10 of 13 measured |
| Sound Money Qualities (6 checks) | 10 | 6 of 6 points source |
| Scarcity: a fixed cap that holds, and a supply near 21 million | 9.6 | fixed maximum supply of 83.5 million: supply scale 9.2, cap 10 |
| Durability: five years or more with no halt, freeze or reversal | ✓ | 6 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 | ✓ | 8 decimal places, the smallest unit worth $1.8e-9 |
| Portability: fees of a cent or less and capacity for real demand | ✓ | typical fee $0.000016; about 148 transactions a second (5.4 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; pruned nodes validate everything |
| Privacy (5 checks) | 8 | 4 of 5 passed source |
| Whitepaper privacy: keys are not tied to an identity | ✓ | Verus's Bitcoin-derived node (VerusCoin/VerusCoin) has no identity rule: anyone generates keys and receives and sends the coin. |
| 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) | ✗ | Verus v1.2.18 (Sep 2026): no Dandelion; Tor only via optional -onion/-listenonion settings. |
| Hidden amounts (confidential transactions, RingCT, shielded pools, Mimblewimble) | ✓ | Verus (Zcash Sapling, since launch 2018): shielded z-transactions hide amounts. |
| Hidden sender and receiver (ring signatures or zero-knowledge proofs, one-time or stealth addresses) | ✓ | Verus (Zcash Sapling): shielded spends hide the sender and z-addresses the receiver. |
| Scalability (fees, throughput, block time, block space, features) | 7.5 | average of 5 parts source |
| Fees ($0.001 or less 10, $1 or more 0) | 10 | typical fee $0.000016 |
| Throughput (2,478 a second, the busiest network's peak day, 10; 119, the median of the ten busiest, 5) | 5.4 | about 147.5 simple transactions a second |
| Block time (10 minutes 10, less either side) | 6.4 | a block every 1 minute |
| Block space per 10 minutes (32 MB or more 10) | 9.2 | 2 MB limit, 20 MB per 10 minutes |
| Features (3 checks) | 6.7 | 2 of 3 passed |
| Payments safe to accept within seconds | ✓ | The Zcash/Komodo-derived daemon relays the first-seen transaction and has no replace-by-fee, which meets the first-seen rule; blocks come about every minute. |
| Pruned nodes: a full node can validate and drop old history | ✓ | Verus daemon (zcashd/Bitcoin 0.11 lineage): -prune deletes old blocks and keeps the UTXO set (wallet disabled). |
| Light clients verify payments from headers or proofs, without a trusted server | ✗ | Verus v1.2.18: no SPV or light-client proof protocol for the chain; mobile wallets use servers. |
| Security (miner pay and 7 checks) | — | 2 of 3 points, 6 not yet measured source |
| Miners paid a day ($1,000 0, $10 million or more 10), 2 points | – | |
| Its own hashrate: at least half its algorithm's largest, not merge-mined | – | |
| Largest pool or validator under 50% | – | |
| Largest three under 75% | – | |
| More than one maintained client | ✗ | 1 |
| Node software is open source | ✓ | The VerusCoin daemon (MIT) is developed by a volunteer core team around Mike Toutonghi, with no premine, foundation or company behind it. |
| 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 | Verus PBaaS currencies and tokens, validated by every node: anyone with a VerusID can define a token or basket currency for 200 VRSC, live on mainnet since the 2023 PBaaS upgrade. |
| Smart contracts: scripting for spending conditions | 1 | Verus: Bitcoin Script plus CryptoConditions for fixed protocol features (IDs, currencies, conversions); no general-purpose contract VM. |
| Multisig and time locks | ✓ | Verus: VerusID m-of-n primary addresses (minimumsignatures) and vault time locks (unlockAfter), plus consensus-enforced CHECKLOCKTIMEVERIFY. |
| Atomic swaps with other chains | ✓ | Verus: CHECKLOCKTIMEVERIFY in the block-validation flags makes HTLCs expressible; on-chain makeoffer/takeoffer swaps also exist. |
| An exchange built into the protocol | ✓ | Verus: basket currencies act as consensus-enforced market makers, with all conversions in a block settled at one price, live since the 2023 PBaaS mainnet activation. |
| Cross-chain messaging the chain verifies itself | ✓ | Verus Internet Protocol: exports to PBaaS chains and the Ethereum bridge move only after notarizations proven by Verus validators (bridge exploited in July 2026 via a notarization parsing mismatch). |
| Non-fungible tokens | ✓ | Verus: tokenized ID control tokens and single-unit currencies act as NFTs validated by consensus. |
| Decentralisation | 9.5 | section average, 6 of 8 measured |
| Censorship resistant (Source) | 10 | No authority can halt the chain or freeze funds: No party can freeze or claw back VRSC. source |
| No central team (Source) | 10 | No central team: The VerusCoin daemon (MIT) is developed by a volunteer core team around Mike Toutonghi, with no premine, foundation or company behind it. source |
| Who can mint (Source) | 7.1 | Hybrid: 7.1 of 10 on the ladder of who produces blocks |
| Nodes (Source) | — | Not yet counted |
| Holder concentration (Source) | — | Not yet measured |
| Premine (allocated at launch) | 10 | 0% of today's supply allocated at launch to founders, a company, a foundation or investors. No pre-allocation on mainnet: the hard-coded VRSC currency definition has no preallocations (only the testnet has one) and three reward eras, starting at 0 and ramping linearly to 384 VRSC over the first 10,080 blocks, then 384 VRSC halving every 43,200 blocks to block 226,080, then 24 VRSC halving every 1,051,920 blocks. Launched May 2018; the project states 'No ICO, premine, or dev fees'. source |
| Fundraising | 10 | No sale of the coin source |
| Developer share (after launch) | 10 | No developer share: every new coin goes to the miners or validators who produce blocks. No cut: each block's reward goes to the block producer, about half of blocks by VerusHash miners and half by stakers (VerusPoS 50); no developer or foundation share. source |
| Supply & Demand | 4.9 | group average |
| Supply & Demand (Source) | 0.5 | average of 2 measures |
| Exchanges (10 or more: 10) | 1 | 1 exchange |
| Daily volume ($10K 0, $1B or more 10) | 0 | $36 traded in 24 hours; #4175 by volume on the exchanges the site reads (scored on the median day of the last 2, $17) |
| Turnover (volume ÷ market cap, 5% a day: 10) | – | not measured |
| Order-book depth (bids and asks within 2% ÷ market cap, 1%: 10) | – | not measured |
| Market cap ($1M 0, $10B or more 10) | – | not measured |
| Paper trading (futures, options and margin ÷ market cap, 0%: 10, 100%: 0) | – | not measured |
| Supply (smaller is better) | 9.2 | fixed maximum supply of 83.5 million |
| Record | 7.7 | 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) | 6 | 6 full years since 2020-06-12, the first day with a recorded price (genesis not yet researched, so the age can only be understated). |
| Development (work, improvements, unfixed issues) | 7 | 4 positive, 2 negative source |
| Positive | ||
| Steady work, 6 of 6 | ✓ | 286 commits in 11 of the last 12 months (github.com/VerusCoin/VerusCoin); Verus v1.2.18 released 2026-09-17. |
| Shipped a security fix in two years, +1 | ✓ | Verus v1.2.16-1, May 2025: patched CVE-2024-52911 (crash from maliciously crafted blocks); v1.2.17-2 (Jul 2026) fixed a cross-chain exploit and v1.2.18 (Sep 2026) hardened PBaaS consensus validation. |
| Shipped a scaling upgrade in two years, +1 | ✓ | Verus v1.2.14, 8 Jan 2025: reduced the minimum Verus-to-Ethereum bridge crossing cost to about a quarter; no change to block size or the native transfer fee. |
| Shipped a new capability for users in two years, +1 | ✓ | Verus v1.2.13, Dec 2024: added the vdxftag parameter to sendcurrency outputs; v1.2.17 (Jul 2026) added a new block solution version with restitution-credit and usage currencies after the bridge exploit. |
| Negative | ||
| Unfixed vulnerability, disclosed 2024-07-03, −1 | ✗ | CVE-2020-14198: misbehaving peers are auto-banned into an unbounded ban list, so many attacker addresses can exhaust CPU and memory; still in Verus v1.2.18. |
| Unfixed vulnerability, disclosed 2024-09-18, −1 | ✗ | CVE-2019-25220: a long low-difficulty header chain can exhaust memory because the node has no headers pre-synchronisation; still in Verus v1.2.18. |
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.
0 of a maximum 83,540,184 VRSC are in circulation — 0.0% of the total that will ever exist.
| Premine (allocated at launch) | 0% of today's supply |
|---|---|
| Sold by the issuer or insiders | 0% of today's supply |
| Developer share received since launch | 0% of today's supply |
| Developer share of new coins today | 0% |
| Fundraising | No sale and no investor round |
No pre-allocation on mainnet: the hard-coded VRSC currency definition has no preallocations (only the testnet has one) and three reward eras, starting at 0 and ramping linearly to 384 VRSC over the first 10,080 blocks, then 384 VRSC halving every 43,200 blocks to block 226,080, then 24 VRSC halving every 1,051,920 blocks. Launched May 2018; the project states 'No ICO, premine, or dev fees'.
No ICO, premine or dev fee; development funded by community donations (verus.io).
No sale of any kind: no ICO, presale or investor round.
No cut: each block's reward goes to the block producer, about half of blocks by VerusHash miners and half by stakers (VerusPoS 50); no developer or foundation share.
No public node crawler with a count was found. The zero-reward ramp over the first 10,080 blocks was designed to prevent an instamine.
Sources: github.com · github.com · verus.io. Researched 2026-10-26, high confidence.
No source we can reach publishes a hashrate for Verus.
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.
Verus is #489 among cryptocurrencies and #5604 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 5115 places between Verus'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).