Deutsche eMark (DEM)
Deutsche eMark ranks #266 of 484 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #2417: 2151 of the 2416 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 2718 non-native assets CoinSpectrum lists above it by market cap, about 61% are tokens, 34% are claims on other assets, 4% are memecoins and 1% are NFT collections.
| CoinSpectrum Grade | pending — no market data |
|---|---|
| Rank among cryptocurrencies | #266 |
| Rank counting claims | #2417 |
| Market capitalisation | $347,333 |
| Price | $0.00220 |
| Circulating supply | 158,230,419 DEM |
| Maximum supply | no fixed cap |
| Consensus family | Hybrid |
| Consensus mechanism | SHA-256 PoW + PoS |
| Own hashrate | — |
| Network purpose | Payments |
| Ledger type | Single-asset ledger |
| Launch distribution | Premine |
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 Deutsche eMark 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 | 4.5 | average of 2 criteria |
| By leader (its largest chain's market cap) (Source) | 4.5 | Hybrid: 4.5 of 10 on the ladder of consensus families ranked by their largest chain's market cap |
| By family (all its chains' market cap) (Source) | 4.5 | Hybrid: 4.5 of 10 on the ladder of families ranked by the combined market cap of their chains |
| Supply | 8.2 | the supply scale times 0.9, and a point for a fixed cap that holds |
| Supply (21 million scores 10) | 9.1 | no fixed maximum; 158 million in circulation |
| Distribution | 9.6 | average of 3 parts |
| Holder concentration (Source) | – | Not yet measured |
| Active addresses | – | Not yet measured |
| Premine (allocated at launch) | 8.9 | 11.41% of today's supply allocated at launch to founders, a company, a foundation or investors. The March 2023 relaunch (v2 genesis 2023-03-08) minted 20,000,000 DEM in block 2, 'reserved for representatives of the Deutsche eMark community to enhance DEM development and marketing', a discretionary allocation: 20M / 175.25M supply (cryptoid, 2026-10-26) = 11.41%. Block 1's 130,149,312 DEM re-created holders' untainted balances from the old chain and is not counted. The 2013 launch was claimed to have no premine. source |
| Fundraising (share sold) (Source) | 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. Proof-of-work rewards (25 DEM halving every 500,000 blocks) and 3.8%/yr stake rewards go entirely to block producers; the 20M reserve was a one-off block-2 mint, counted as premine. source |
| Decentralisation | 2.7 | average of 3 parts |
| Governance (Source) | 0 | An authority can halt the chain or freeze funds: The 2023 relaunch, decided by the developers, left hack-derived outputs off the new chain, a claw-back of specific coins; the code also keeps PPCoin-style sync checkpoints. source |
| No central team (Source) | 0 | A central team directs it: The emarkproject team (MIT licence) maintains the only client and decided the 2023 relaunch, the taint list and the 20M community reserve. source |
| Who can mint (Source) | 8 | Open, with a stake vote: anyone can mine, and stakeholders vote on the blocks |
| Nodes (Source) | – | Not yet counted |
| Security | 3.7 | 2.6 of 7 points, 1 not yet measured source |
| Pool diversity (Largest pool 50% 0 to 20% 10, largest three 90% 0 to 50% 10; 2 points) | 0 | largest 70.3%, largest three 94.6% |
| Network activity (Transactions a day, 250 0, 500,000 or more 10; 2 points) | 0.6 | about 397 transactions a day |
| 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) | 5 | one client, no new version in 24 months (latest Sep 2023) |
| Open source (Node software) | ✓ | |
| No 51% attack (Nor a deep reorganisation, five years) | ✓ | |
| Scalability | 6.5 | average of 5 parts source |
| Fees ($0.001 or less 10, $1 or more 0) | 10 | typical fee $0.0000017 |
| Throughput (2,478 a second, the busiest network's peak day, 10; 121, the median of the ten busiest, 5) | 4.2 | about 74 simple transactions a second |
| Block time (10 minutes 10, less either side) | 6.3 | a block every 57.7 seconds |
| Block space per 10 minutes (24 MB or more 10: the ten busiest networks' median demand, 16.4 MB, and half again for growth) | 8.5 | 1 MB limit, 10.4 MB per 10 minutes |
| Features (3 checks) | 3.3 | 1 of 3 passed |
| Fast payments (Safe to accept within seconds · Whitepaper abstract, §1, §2 and §11) | ✓ | The NovaCoin/PPCoin-based node has transaction replacement disabled, so it relays the first-seen spend; blocks alone (2 min) would not qualify. |
| Pruned nodes (Old history dropped, every rule checked · Whitepaper §7) | ✗ | The eMark 2.1.0 node (pre-0.11 Bitcoin-era main.cpp) has no -prune option. |
| Light clients (Payments verified from headers · Whitepaper §8) | ✗ | Deutsche eMark is a PoW/PoS hybrid whose proof-of-stake blocks carry no proof of work for a header-only client to check, and no light client ships for it. |
| 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 | Transparent transactions: amounts are public on chain. |
| Hidden parties (Sender and receiver hidden) | 0 | Transparent addresses: sender and receiver are public on chain. |
| Network privacy (Origin hidden by default) | 0 | No Dandelion or default Tor in the eMark 2.1.0 node (old Bitcoin/Peercoin-era codebase). |
| Programmability | 1.1 | 1 of 9 points source |
| Token issuance | 0 | No token issuance on the chain itself |
| Smart contracts (Scripting for spending conditions) | 1 | PPCoin-era Bitcoin Script limited to spending conditions. |
| Multisig and time locks (Without a third party) | ✗ | CHECKMULTISIG exists, but eMark's script engine treats OP_NOP2 as a no-op, so there is no CLTV or CSV time-locked spending. |
| Atomic swaps (With other chains) | ✗ | Without CLTV or CSV the chain cannot express an HTLC refund path. |
| Native DEX (Trades the coin itself, not a claim) | ✗ | No DEX found trading the coin itself: none on its own chain (DefiLlama), and not on THORChain, Maya, Chainflip, Komodo DeFi, BasicSwap, Bisq or Haveno (checked 2026-11-04). |
| 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 | $347K, 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 | 6.3 | average of 3 criteria |
| Age (years since genesis) (Source) | 10 | 12 full years since 2013-12-15, the first day with a recorded price (genesis not yet researched, so the age can only be understated). |
| Development (work, fixes, vulnerabilities) | 0 | 0 positive, 3 negative source |
| Negative | ||
| Steady work, 0 of 6 | ✗ | 0 commits in 0 of the last 12 months (github.com/emarkproject/eMark); Last release 2.1.0, 2023-07-27 (tags v2.1.1.0 and v2.1.0.1 the same week); last commit 2023-09-11; nothing in the last 24 months. |
| Unfixed vulnerability, disclosed 2024-07-03, −1 | ✗ | CVE-2020-14198: misbehaving peers are auto-banned into an unbounded ban list, so many attacker addresses (cheap with IPv6) can exhaust memory; still in Deutsche eMark 2.0.1. bitcoincore.org github.com |
| 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 Deutsche eMark 2.0.1. bitcoincore.org github.com |
| Conduct (origin, claims, halts) | 9 | 2 positive, 1 negative source |
| Positive record | ||
| Launched with a stated purpose, not as a joke | ✓ | |
| No claims by its founders that contradict its own design | ✓ | |
| Negative record | ||
| Halt, freeze or reversal, 2023-03-08 | ✗ | After a backdoor in the old software was exploited from 19 October 2022, the developers relaunched DEM as a new chain (v2 genesis 8 March 2023) carrying over only genuine holdings; coins traced to the exploit were removed except 16M DEM given to community representatives and 4M to Communitycoins.org. github.com github.com |
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.
Hybrid coins
Conflux 
Decred 
Zano 
Nexus 
Cypherium 
Novacoin Proof of Work coins
Bitcoin BTCA+
Zcash ZECA+
Dogecoin DOGEA+
Monero XMRA+
Bitcoin Cash BCHA++
Litecoin LTCA+
Ethereum Classic ETCAAll Proof of Work chains →Supply
158,230,419 DEM are in circulation, against no fixed cap — issuance has no defined end.
Launch and allocation
| Premine (allocated at launch) | 11.41% 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 |
The March 2023 relaunch (v2 genesis 2023-03-08) minted 20,000,000 DEM in block 2, 'reserved for representatives of the Deutsche eMark community to enhance DEM development and marketing', a discretionary allocation: 20M / 175.25M supply (cryptoid, 2026-10-26) = 11.41%. Block 1's 130,149,312 DEM re-created holders' untainted balances from the old chain and is not counted. The 2013 launch was claimed to have no premine.
No ICO or sale; the 2013 ANN states there was no premine.
Whether the 20M community reserve has been sold is not documented.
Proof-of-work rewards (25 DEM halving every 500,000 blocks) and 3.8%/yr stake rewards go entirely to block producers; the 20M reserve was a one-off block-2 mint, counted as premine.
The date of the exploit on the old chain is not documented; only the relaunch date (v2 genesis 2023-03-08, release 2.0.1 on 2023-03-09) is known. The deutsche-emark.org site still states a 12.5 DEM block reward, but the code (25 DEM >> height/500,000) and recent blocks show 6.25 DEM at height ~1.48M. clients is 0 because the last release (2.1.0, July 2023) is older than 24 months.
Sources: github.com · github.com · github.com · github.com · chainz.cryptoid.info. Researched 2026-10-26, medium confidence.
The work behind it
No source we can reach publishes a hashrate for Deutsche eMark.
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 Deutsche eMark
Deutsche eMark is #266 among cryptocurrencies and #2417 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 2151 places between Deutsche eMark'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).