Every choice this site makes about what to count is arguable, so the arguments are written down rather than left implied by a table.
The CoinSpectrum Grade now scores a coin on thirteen equal criteria: two consensus ladders, the Cryptocurrency Standards, issuance, network security, three decentralisation scales, supply and demand read every minute, the record and age.
Decentralisation is not one property. Seven questions, from who can produce blocks to where nodes run, ranked by importance, and how the CoinSpectrum Grade measures each.
Ten standards a cryptocurrency can be held to, each traced to and quoted from a section of the 2008 Bitcoin whitepaper: anyone can mint, a limited supply, no premine, no developer tax, no authority that can halt the chain, open source with no central team, fees under a cent, payments safe within seconds, a UTXO ledger and privacy in the protocol. The CoinSpectrum Grade checks every coin against them.
Which cryptocurrencies a US regulator has named commodities, which it alleged to be securities without a ruling, which coin a court has held a security, and why everything else is printed as unclassified. With the full list, rebuilt from the data every build.
A new filter on the ranking separates coins whose supply started at zero from coins that shipped with an initial allocation. No premine, premine, or presale — and a sale counts whatever it was called.
Crypto means hidden. The Bitcoin whitepaper was a solution to one problem: money on the internet without a bank in the middle. Everything the site's counting rule accepts or refuses is a corollary of those two facts — the four properties an asset must carry to be counted, and the categories the market calls "crypto" that carry none of them.
Nine signals, weights that sum to 100, reserves checked on chain, and a reliability ratio that measures claimed liquidity against the venue's own traffic. Every number behind the CEX score, stated.
Roughly $300B of dollar-pegged tokens now circulate on crypto rails. Two issuers hold ~88%. Eight interactive charts on who they are, what actually backs each coin (Tether's Q1 2026 attestation broken out asset by asset, USDC's reserve history, the CDP model), where the reserve claim has broken before (CFTC 2021, NYAG, SVB), and how supply has decoupled from Bitcoin's cycle since 2025.
CoinGecko's Trust Score removed web traffic in favour of order-book depth. That swapped the one signal an exchange cannot type about itself for one it can. This site did the opposite.
Every crypto ranking counts wrapped BTC as an asset. It isn't one — its value is a Bitcoin already in the list, and counting both counts the same coin twice.
Two conditions make a cryptocurrency: its own chain, and its own consensus. A token has neither, and mixing the two measures two different properties at once.
Most sites show a tidy regulatory category for every asset. That tidiness is inference, and inference printed in the same column as evidence stops being distinguishable.
A hash is not a fixed unit of work, so a hashrate league table across algorithms adds quantities that cost different amounts to produce.
Figures in these posts are stamped with the data build they were read from. The site rebuilds every six hours, so a number here will drift from the number on the ranking — the stamp is there so you can tell how far.