Axe (AXE)
Axe ranks #313 of 484 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #3846: 3533 of the 3845 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 4180 non-native assets CoinSpectrum lists above it by market cap, about 65% are tokens, 32% are claims on other assets, 2% are memecoins and 1% are NFT collections.
| CoinSpectrum Grade | pending — no market data |
|---|---|
| Rank among cryptocurrencies | #313 |
| Rank counting claims | #3846 |
| Market capitalisation | $4,462 |
| Price | $0.000848 |
| Circulating supply | 5,260,968 AXE |
| Maximum supply | 21,000,000 AXE |
| Consensus family | Proof of Work |
| Consensus mechanism | X11 (Dash fork, masternodes) |
| Own hashrate | — |
| Network purpose | Payments |
| Ledger type | Single-asset ledger |
Market figures from the 10 November 2026 build. Open the live view for every exchange's price, and charts.
CoinSpectrum Grade (Source)
Grade pending. No market cap or no daily volume is reported for Axe by any source the site reads. A grade is not given until it is, so that a coin is never rated higher for what is not yet known.
| Section and criteria | Score | Basis |
|---|---|---|
| Consensus | 10 | average of 2 criteria |
| By leader (its largest chain's market cap) (Source) | 10 | Proof of work: 10 of 10 on the ladder of consensus families ranked by their largest chain's market cap |
| By family (all its chains' market cap) (Source) | 10 | Proof of work: 10 of 10 on the ladder of families ranked by the combined market cap of their chains |
| Supply | 10 | fixed maximum supply of 21 million |
| Distribution | — | not yet measured |
| Holder concentration (Source) | – | Not yet measured |
| Active addresses | – | Not yet measured |
| Premine (allocated at launch) | – | Project docs list 'No premine'; genesis 2018-02-09 with Dash's difficulty-based early subsidy (up to 500 AXE per block for the first 5,200 blocks), which can produce an instamine at low difficulty. No live explorer could be reached to check early blocks, so not established. |
| Fundraising (share sold) (Source) | – | Launch not yet researched |
| Developer share (after launch) | – | Developer share: 10% of each new block reward goes to them today. Dash-copied rule: from block 271,350 10% of each block subsidy is withheld for masternode-voted superblock budget payments (GetBlockSubsidy in validation.cpp; superblocks start at 304,800). Cumulative share cannot be computed without a working explorer. source |
| Decentralisation | 10 | average of 3 parts |
| Governance (Source) | 10 | No authority can halt the chain or freeze funds: No protocol party can freeze or claw back coins; as in Dash, a spork key can toggle features but not seize funds. source |
| No central team (Source) | 10 | No central team: Axe Core is maintained by the small AXErunners volunteer group on GitHub/GitLab (MIT); no company found. source |
| Who can mint (Source) | 10 | Open to anyone with hardware: anyone can produce blocks by mining, no permission needed |
| Nodes (Source) | – | Not yet counted |
| Security | — | 2.6 of 3 points, 5 not yet measured source |
| Pool diversity (Largest pool 50% 0 to 20% 10, largest three 90% 0 to 50% 10; 2 points) | – | |
| Network activity (Transactions a day, 250 0, 500,000 or more 10; 2 points) | – | |
| Hashrate (Own work 5, its power 1 kW 0 to 10 GW 5; 1 point) | – | |
| Clients (Separate code and teams 10, separate code or teams 9, a fork by the same team or a stale second 8; one client: a new version within 12 months 7, 24 months 6, none in 24 months 5, none in 48 months 3; a second in development +0.5, a second seen running +1, 8 at most with one client; chain ended 0; 1 point) | 6 | one client, latest version Dec 2024, within 24 months |
| Open source (Node software) | ✓ | |
| No 51% attack (Nor a deep reorganisation, five years) | ✓ | |
| Scalability | 7.9 | average of 5 parts source |
| Fees ($0.001 or less 10, $1 or more 0) | 10 | typical fee $2e-9 |
| Throughput (2,478 a second, the busiest network's peak day, 10; 121, the median of the ten busiest, 5) | 3.8 | about 59 simple transactions a second |
| Block time (10 minutes 10, less either side) | 7.8 | a block every 2.5 minutes |
| Block space per 10 minutes (24 MB or more 10: the ten busiest networks' median demand, 16.4 MB, and half again for growth) | 8 | 2 MB limit, 8 MB per 10 minutes |
| Features (3 checks) | 10 | 3 of 3 passed |
| Fast payments (Safe to accept within seconds · Whitepaper abstract, §1, §2 and §11) | ✓ | Dash v19-based node with LLMQ InstantSend and ChainLocks (1.7.0 adds DIP24), so a payment locks within seconds if the masternode quorums are running. |
| Pruned nodes (Old history dropped, every rule checked · Whitepaper §7) | ✓ | -prune inherited through Dash Core from Bitcoin Core 0.11 (2015). |
| Light clients (Payments verified from headers · Whitepaper §8) | ✓ | X11 PoW header chain (Dash v19 base) with BIP37 merkleblock and BIP157 filters (SPV). |
| Privacy | 7 | 7 of 10: whitepaper privacy 7 of 7, extra features 0 of 3, 1 not yet researched source |
| Protocol level privacy (Keys not tied to an identity · Whitepaper §10) | 10 | Addresses are hashes of keys users generate themselves; the node checks scripts and signatures, with no identity condition in its consensus rules. |
| UTXO ledger (Separate outputs, change to a new address · Whitepaper §2, §9) | 10 | Coins are separate unspent outputs: a payment spends whole outputs and sends the change to a new address, so the coins in one wallet need not share a history. |
| HD addresses (A new address for each payment, unlinked · Whitepaper §10) | – | |
| Hidden amounts (Amounts confidential) | 0 | CoinJoin mixing at most; amounts stay public. |
| Hidden parties (Sender and receiver hidden) | 0 | CoinJoin-style mixing only; no ring signatures, zero-knowledge proofs or stealth addresses. |
| Network privacy (Origin hidden by default) | 0 | No Dandelion relay; Tor/onion is an optional -onion/-proxy setting in the Bitcoin-derived node, not on by default. |
| Programmability | 4.4 | 4 of 9 points source |
| Token issuance | 0 | No token issuance on the chain itself |
| Smart contracts (Scripting for spending conditions) | 1 | Dash-derived Script limited to spending conditions. |
| Multisig and time locks (Without a third party) | ✓ | CHECKMULTISIG plus CLTV (BIP65 height 1) and a BIP9 CSV deployment in Axe mainnet parameters. |
| Atomic swaps (With other chains) | ✓ | HTLCs expressible with OP_SHA256/OP_HASH160 and OP_CHECKLOCKTIMEVERIFY. |
| Native DEX (Trades the coin itself, not a claim) | ✓ | Traded as itself, not as a wrapped token or a claim: Komodo DeFi. |
| Cross-chain messaging (Verified by the chain itself) | ✗ | No protocol-level cross-chain messaging. |
| NFTs (Carried by the chain's rules) | ✗ | No token or NFT type in the consensus rules. |
| Demand | 0.3 | average of 3 measures |
| Exchanges (10 or more: 10) | 0 | no exchange the site reads trades it |
| Daily volume ($10K 0, $1B or more 10) | – | no volume reported |
| Turnover (volume ÷ market cap, 5% a day: 10) | – | not measured |
| Order-book depth (±2% of the price ÷ market cap, 1%: 10) | – | no order book on the nine exchanges read |
| Market cap ($1M 0, $10B or more 10) | 0 | $4K, 0 on a scale of 2.5 points per tenfold |
| Paper trading (futures, options and margin ÷ market cap, 0%: 10, 100%: 0) | – | not measured |
| Wallet support (wallets that hold it, 10 or more: 10) | 1 | its own node and wallet, counted as 1: no wallet in the site's directory lists it yet |
| Record | 5.7 | average of 3 criteria |
| Age (years since genesis) (Source) | 7 | 7 full years since 2019-05-08, the first day with a recorded price (genesis not yet researched, so the age can only be understated). |
| Development (work, fixes, vulnerabilities) | 0 | 1 positive, 4 negative, 2 not yet researched source |
| Positive | ||
| Steady work, 2 of 6 | ✓ | 0 commits in 0 of the last 12 months (github.com/AXErunners/axe); Axe Core 1.7.0 released 2024-12-11 (DIP20/21/24, Dash v19 upstream) is the only release in the last 24 months; previous 1.6.1.1 in November 2020. |
| Negative | ||
| Unfixed vulnerability, disclosed 2024-07-31, −1 | ✗ | CVE-2024-52919: addr-message spam can overflow the address manager's 32-bit id counter and crash the node, with no addr rate limit; still in Axe v1.7.0. bitcoincore.org github.com |
| 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 Axe v1.7.0. bitcoincore.org github.com github.com |
| Unfixed vulnerability, disclosed 2024-10-08, −1 | ✗ | CVE-2024-35202: a crafted blocktxn message trips the assert in compact-block reconstruction and crashes the node; still in Axe v1.7.0. bitcoincore.org github.com |
| Unfixed vulnerability, disclosed 2026-05-05, −1 | ✗ | CVE-2024-52911: a crafted invalid block can make script-check threads read freed precomputed transaction data and crash the node; still in Axe v1.7.0. bitcoincore.org github.com |
| Not yet researched | ||
| Shipped a security fix in two years | – | |
| Shipped a new capability for users in two years | – | |
| Conduct (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 | ✓ | |
Ten sections, weighted equally, each 0 to 10: consensus (the two ladders), supply (the supply scale and a fixed cap that holds), distribution (premine, fundraising, developer share, holders), decentralisation (governance, no central team, who can mint, nodes), security, scalability, privacy, programmability (what the scripting layer can do beyond the whitepaper's payment system), demand, and record (age, development, conduct). They are built from the criteria in the second table: privacy, scalability, security and decentralisation are the Cryptocurrency Standards among them, as follows: privacy (the whitepaper's three checks a base of 7 of 10, three extra features up to 3 more), scalability (four measures and three features), security (pool diversity, network activity, hashrate, clients and two checks) and decentralisation (governance, no central team, who can mint, nodes, holders, premine, fundraising and developer share); programmability (token issuance, smart contracts and five checks) follows them, and supply and demand are two: the supply, scored against 21 million, and demand, the average of seven measures of the market and the wallets. Provisional: parts 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.
Proof of Work coins
Bitcoin BTCA+
Zcash ZECA+
Dogecoin DOGEA+
Goldcoin GLC
Acoin ACOIN
Electric Cash ELCASH
MimbleWimbleCoin MWCAll Proof of Work chains →Proof of Stake coins
Ethereum ETHA+
BNB BNBA
Solana SOLA+
TRON TRXA
Hyperliquid HYPEB
Cardano ADAA
NEAR Protocol NEARAAll Proof of Stake chains →Supply
5,260,968 of a maximum 21,000,000 AXE are in circulation — 25.1% of the total that will ever exist.
Launch and allocation
| Developer share of new coins today | 10% |
|---|
Project docs list 'No premine'; genesis 2018-02-09 with Dash's difficulty-based early subsidy (up to 500 AXE per block for the first 5,200 blocks), which can produce an instamine at low difficulty. No live explorer could be reached to check early blocks, so not established.
None found.
No sale documented; not established.
Dash-copied rule: from block 271,350 10% of each block subsidy is withheld for masternode-voted superblock budget payments (GetBlockSubsidy in validation.cpp; superblocks start at 304,800). Cumulative share cannot be computed without a working explorer.
Market cap about $4.5k; whether the chain still produces blocks could not be confirmed. The docs are rebranded Dash documentation and CoinMarketCap's 'no developer fee' description conflicts with the 10% budget in the code.
Sources: github.com · github.com · github.com · sharpening-docs.readthedocs.io · coinmarketcap.com. Researched 2026-10-26, low confidence.
The work behind it
No source we can reach publishes a hashrate for Axe.
What a regulator has said
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.
How CoinSpectrum ranks Axe
Axe is #313 among cryptocurrencies and #3846 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 3533 places between Axe'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).