Xertra ranks #121 of 504 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #793: 672 of the 792 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 795 non-native assets CoinSpectrum lists above it by market cap, about 63% are tokens, 28% are claims on other assets and 9% are memecoins.
| CoinSpectrum Grade | B · 68/100 · provisional |
|---|---|
| Rank among cryptocurrencies | #121 |
| Rank counting claims | #793 |
| Market capitalisation | $23M |
| Price | $0.0105 |
| Circulating supply | 2,221,460,027 STRAX |
| Maximum supply | no fixed cap |
| Consensus family | Proof of Stake |
| Consensus mechanism | PoS (StratisEVM) |
| Ledger type | Multi-asset ledger |
Market figures from the 28 October 2026 build. Open the live view for every exchange's price, and charts.
B — 68 out of 100, provisional (from 18 of 20 criteria, 28 October 2026 build). With what is not yet measured anywhere from nothing to full marks, the score would be 61 to 72 (C to B).
| 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) | 5.8 | group average, 11 of 13 measured |
| Sound Money Qualities (6 checks) | 7.3 | 4.4 of 6 points source |
| Scarcity: a fixed cap that holds, and a supply near 21 million | 3.7 | no fixed maximum; 2.22 billion in circulation: supply scale 7.3, cap 0 |
| Durability: five years or more with no halt, freeze or reversal | ✓ | 10 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 | ✓ | 18 decimal places, the smallest unit worth $1.1e-20 |
| Portability: fees of a cent or less and capacity for real demand | ✗ | typical fee $0.0000022; about 90 transactions a second (4.5 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; light clients verify from headers or proofs |
| Privacy (5 checks) | 2 | 1 of 5 passed source |
| Whitepaper privacy: keys are not tied to an identity | ✓ | Any secp256k1 key can hold and send STRAX; the chain's account and transfer rules carry no identity check. |
| 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) | ✗ | go-stratis is a go-ethereum fork with standard devp2p gossip. |
| Hidden amounts (confidential transactions, RingCT, shielded pools, Mimblewimble) | ✗ | Public EVM ledger. |
| Hidden sender and receiver (ring signatures or zero-knowledge proofs, one-time or stealth addresses) | ✗ | Accounts are public. |
| Scalability (fees, throughput, block time, block space, features) | 6.4 | average of 5 parts source |
| Fees ($0.001 or less 10, $1 or more 0) | 10 | typical fee $0.0000022 |
| Throughput (2,478 a second, the busiest network's peak day, 10; 119, the median of the ten busiest, 5) | 4.5 | about 90 simple transactions a second |
| Block time (10 minutes 10, less either side) | 4.4 | a block every 16.2 seconds |
| Block space per 10 minutes (32 MB or more 10) | 10 | 1.88 MB limit (converted from its gas, compute, mass or count limit), 69.4 MB per 10 minutes |
| Features (3 checks) | 3.3 | 1 of 3 passed |
| Payments safe to accept within seconds | ✗ | An Ethereum-style beacon chain with 16-second slots; finality takes two epochs, several minutes. |
| Pruned nodes: a full node can validate and drop old history | ✗ | go-stratis (go-ethereum 1.14.7 base) predates geth history pruning, so it prunes state only and keeps every block. |
| Light clients verify payments from headers or proofs, without a trusted server | ✓ | Ethereum-style beacon chain with sync committees, which consensus light clients verify without trusting a server. |
| Security (miner pay and 7 checks) | 2.6 | 2 of 7 points, 2 not yet measured source |
| 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 | ✗ | 1 |
| Node software is open source | ✓ | StratisEVM's execution and consensus clients are forks of go-ethereum and Prysm maintained by Stratis (now Xertra). |
| Real on-chain use: 1,000+ transactions a day | ✗ | about 637 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 StratisEVM (mainnet since 2024), open to any account. |
| Smart contracts: a general-purpose contract system | 2 | StratisEVM (chain ID 105105), which replaced the legacy architecture in March 2024 and was renamed Xertra. |
| Multisig and time locks | ✓ | Multisig and time-lock contracts on its EVM. |
| Atomic swaps with other chains | ✓ | Solidity HTLCs can be deployed on 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 documented. |
| Non-fungible tokens | ✓ | ERC-721 contracts run by its EVM. |
| Decentralisation | 6.3 | section average, 6 of 8 measured |
| Censorship resistant (Source) | 10 | No authority can halt the chain or freeze funds: No protocol-level freeze or blacklist of ordinary balances. source |
| No central team (Source) | 0 | A central team directs it: StratisEVM's execution and consensus clients are forks of go-ethereum and Prysm maintained by Stratis (now Xertra). source |
| 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) | 4.5 | 55.4% of today's supply allocated at launch to founders, a company, a foundation or investors. Counted in old-STRAX units, then multiplied by 10 for the 2024 1:10 swap. The 2016 genesis premine was 98M STRAT: 84M ICO, 8M team, 2M advisors and partners, 4M bounties. The 2020 STRAT→STRAX transition minted another 25M: 8.125M Stratis Foundation, 6.375M network incentives, 5.5M enterprise incentives, 5M Stratis DAO. That is 123M old = 1.23B new STRAX, against 2,219,823,618 current total (CoinGecko, 2026-10-23). source |
| Fundraising | 4.5 | Sold by its issuer or insiders: 55.4% of supply was theirs to sell, 37.8% sold so far. Public ICO ending July 2016 raised 915 BTC (about $600,000 then) for 84M STRAT. No separate private round was found. source |
| Developer share (after launch) | 10 | No developer share: every new coin goes to the miners or validators who produce blocks. No developer or foundation share of block rewards was found. On the 2020-2024 Strax chain, the 18 STRAX block reward was split 9 to the staker and 9 to Cirrus sidechain masternodes, which are block-producing node operators, not a cut. Since StratisEVM (March 2024), rewards go to PoS validators. The 2020 mints for the Foundation and DAO were one-off discretionary mints, counted as premine. source |
| Supply & Demand | 7.5 | group average |
| Supply & Demand (Source) | 7.6 | average of 6 measures |
| Exchanges (10 or more: 10) | 9 | 9 exchanges |
| Daily volume ($10K 0, $1B or more 10) | 4.4 | $448,028 traded in 24 hours; #536 by volume on the exchanges the site reads (scored on the median day of the last 30, $1,507,879) |
| Turnover (volume ÷ market cap, 5% a day: 10) | 9.4 | 6.6% of its market cap a day, median of the last 30 days |
| Order-book depth (bids and asks within 2% ÷ market cap, 1%: 10) | 9.1 | $122,817 within 2% of the price on 4 exchanges, 0.53% of its market cap, median of the last 2 days |
| Market cap ($1M 0, $10B or more 10) | 3.4 | $23M, 3.4 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) | 7.3 | no fixed maximum; 2.22 billion in circulation |
| Record | 8.3 | 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) | 10 | 10 full years since 2016-08-12, the first day with a recorded price (genesis not yet researched, so the age can only be understated). |
| Development (work, improvements, unfixed issues) | 5 | 2 positive, 2 negative source |
| Positive | ||
| Steady work, 6 of 6 | ✓ | 0 commits in 0 of the last 12 months (github.com/stratisproject/go-stratis); go-stratis 1.1.2, released 2025-05-13 (1.1.0 and 1.1.1 in Feb 2025); no release since. |
| Shipped a security fix in two years, +1 | ✓ | go-stratis 1.1.1, Feb 2025: fixed CVE-2025-24883 (secp256k1 IsOnCurve check). |
| Negative | ||
| Unfixed vulnerability, disclosed 2026-01-13, −1 | ✗ | go-ethereum GHSA-mr7q-c9w9-wh4h (CVE-2026-22862, High) lets a crafted p2p message crash the node with a too-short ECIES ciphertext; go-stratis 1.1.2 (geth 1.14.7 base; the public RPC reports Geth v1.14.7) lacks the 1.16.8 length check. |
| Unfixed vulnerability, disclosed 2026-02-17, −1 | ✗ | go-ethereum GHSA-2gjw-fg97-vg3r (CVE-2026-26314, High) lets a crafted p2p message crash the node through unchecked secp256k1 point coordinates; go-stratis 1.1.2 (geth 1.14.7 base; the public RPC reports Geth v1.14.7) lacks the 1.16.9 coordinate check. |
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.
2,221,460,027 STRAX are in circulation, against no fixed cap — issuance has no defined end.
| Premine (allocated at launch) | 55.4% of today's supply |
|---|---|
| Sold by the issuer or insiders | 37.8% of today's supply |
| Developer share received since launch | 0% of today's supply |
| Developer share of new coins today | 0% |
| Fundraising | Public sale |
Counted in old-STRAX units, then multiplied by 10 for the 2024 1:10 swap. The 2016 genesis premine was 98M STRAT: 84M ICO, 8M team, 2M advisors and partners, 4M bounties. The 2020 STRAT→STRAX transition minted another 25M: 8.125M Stratis Foundation, 6.375M network incentives, 5.5M enterprise incentives, 5M Stratis DAO. That is 123M old = 1.23B new STRAX, against 2,219,823,618 current total (CoinGecko, 2026-10-23).
Public ICO ending July 2016 raised 915 BTC (about $600,000 then) for 84M STRAT. No separate private round was found.
No developer or foundation share of block rewards was found. On the 2020-2024 Strax chain, the 18 STRAX block reward was split 9 to the staker and 9 to Cirrus sidechain masternodes, which are block-producing node operators, not a cut. Since StratisEVM (March 2024), rewards go to PoS validators. The 2020 mints for the Foundation and DAO were one-off discretionary mints, counted as premine.
The site has no label yet. The 2016 ICO split and the 2020 25M mint come from CoinMarketCap's project text, not a Stratis primary document. The 6.375M 'network incentivization' tranche is counted as a discretionary mint; it may have been paid to stakers. Without it the figure is 52.5%. Whether the 2024 StratisEVM genesis added anything beyond the 1:10 conversion was not established.
Sources: publish0x.com · securities.io · coinmarketcap.com · bitvavo.com · kucoin.com · coinmarketcap.com. Researched 2026-10-24, low confidence.
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.
Xertra is #121 among cryptocurrencies and #793 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 672 places between Xertra'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).