Flow (FLOW)
Flow ranks #92 of 484 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #561: 469 of the 560 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 569 non-native assets CoinSpectrum lists above it by market cap, about 49% are tokens, 42% are claims on other assets, 8% are memecoins and 1% are NFT collections.
| CoinSpectrum Grade | A · 64/100 · provisional, B to A |
|---|---|
| Rank among cryptocurrencies | #92 |
| Rank counting claims | #561 |
| Market capitalisation | $35M |
| Price | $0.0204 |
| Circulating supply | 1,701,222,574 FLOW |
| Maximum supply | no fixed cap |
| Consensus family | Proof of Stake |
| Consensus mechanism | Flow / HotStuff variant |
| Active addresses a day | 1,249 October 2026 median, Coin Metrics |
| Ledger type | Multi-asset ledger |
| Launch distribution | Presale |
| Regulatory class | Contested |
Market figures from the 10 November 2026 build. Open the live view for every exchange's price, and charts.
CoinSpectrum Grade (Source)
A — 64 out of 100, provisional (from 10 of 10 sections, 10 November 2026 build). With what is not yet measured anywhere from nothing to full marks, the score would be 60 to 67 (B to A).
| Section and criteria | Score | Basis |
|---|---|---|
| Consensus | 9.1 | average of 2 criteria |
| By leader (its largest chain's market cap) (Source) | 9.1 | Proof of stake: 9.1 of 10 on the ladder of consensus families ranked by their largest chain's market cap |
| By family (all its chains' market cap) (Source) | 9.1 | Proof of stake: 9.1 of 10 on the ladder of families ranked by the combined market cap of their chains |
| Supply | 7.3 | the supply scale times 0.9, and a point for a fixed cap that holds |
| Supply (21 million scores 10) | 8.1 | no fixed maximum; 1.7 billion in circulation |
| Distribution | 5.9 | average of 4 parts |
| Holder concentration (Source) | – | Not yet measured |
| Active addresses | 3 | 1,249 addresses active a day, the median of October 2026's 30 days (Coin Metrics community data) source |
| Premine (allocated at launch) | 2.6 | 73.6% of today's supply allocated at launch to founders, a company, a foundation or investors. 1.25B FLOW created at genesis (Oct 2020): ecosystem fund 32%, pre-launch backers + community sale 30%, Dapper Labs 20%, development team 18%, against current total supply 1,698,050,266 FLOW (FlowToken.totalSupply via Flow access API, 2026-10-23). source |
| Fundraising (share sold) (Source) | 7.8 | Sold by its issuer or insiders: 22.1% of supply sold. Flow's supply page lists 374,800,000 FLOW for pre-launch backers plus the CoinList community sale (Sep-Oct 2020), fully unlocked by October 2022. 374.8M / 1,698.05M total supply (FlowToken.totalSupply, 2026-10-23) = 22.1%. 30% (374.8M FLOW) went to pre-launch backers and a community sale combined; Dapper Labs raised venture funding; exact amounts per round not established here. source |
| Developer share (after launch) | 10 | No developer share: every new coin goes to the miners or validators who produce blocks. About 5% of supply a year is minted and paid weekly to staked node operators and their delegators (operators keep an 8% delegation fee); no treasury or foundation share of issuance is documented. source |
| Decentralisation | 3.8 | average of 4 parts |
| Governance (Source) | 0 | An authority can halt the chain or freeze funds: In December 2025 validators halted the chain after an exploit, restricted attacker accounts and destroyed 87.4B counterfeit FLOW. source |
| No central team (Source) | 0 | A central team directs it: The Flow Foundation (with Dapper Labs, which created Flow) develops flow-go (Apache-2.0), the only node implementation. source |
| Who can mint (Source) | 7 | Gated by stake: any holder with enough stake can validate: access bought with coins |
| Nodes (Source) | 8.3 | 301 reachable nodes source |
| Security | 7.1 | 4.3 of 6 points, 2 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) | 7.4 | about 70,740 transactions a day |
| Hashrate (Own work 5, its power 1 kW 0 to 10 GW 5; 1 point) | 1 | not mined: another consensus, 1 |
| 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) | 7 | one client, latest version Aug 2026 |
| Open source (Node software) | ✓ | |
| No 51% attack (Nor a deep reorganisation, five years) | ✓ | |
| Scalability | 5.1 | average of 3 parts source |
| Fees ($0.001 or less 10, $1 or more 0) | 10 | typical fee $0.000023 |
| Throughput (2,478 a second, the busiest network's peak day, 10; 121, the median of the ten busiest, 5) | – | not yet measured |
| Block time (10 minutes 10, less either side) | 0.4 | a block every 1.3 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) | – | not yet measured |
| Features (3 checks) | 5 | 1 of 2 passed, 1 not yet researched |
| Fast payments (Safe to accept within seconds · Whitepaper abstract, §1, §2 and §11) | ✓ | HotStuff-based consensus finalises blocks deterministically within a few seconds (0.8 s blocks); execution sealing follows later. |
| Pruned nodes (Old history dropped, every rule checked · Whitepaper §7) | – | No documented pruning mode for Flow node roles was found. |
| Light clients (Payments verified from headers · Whitepaper §8) | ✗ | Flow observer nodes verify consensus-signed block headers but delegate account and transaction queries to an upstream access node, so payments are not proven to the client. |
| Privacy | 3.5 | 3.5 of 10: whitepaper privacy 3.5 of 7, extra features 0 of 3, 1 not yet researched source |
| Protocol level privacy (Keys not tied to an identity · Whitepaper §10) | 10 | Accounts are created by an existing account paying the storage fee; the Flow protocol carries no identity check. |
| UTXO ledger (Separate outputs, change to a new address · Whitepaper §2, §9) | 0 | An account ledger: one running balance for each address, so the remainder stays at the sending address and its payments share one public history. |
| HD addresses (A new address for each payment, unlinked · Whitepaper §10) | – | |
| Hidden amounts (Amounts confidential) | 0 | Cadence and Flow EVM balances and transfers are public; no shielded or confidential transfer feature. |
| Hidden parties (Sender and receiver hidden) | 0 | Account addresses are public; no ring signatures, zero-knowledge sender proofs or stealth addresses. |
| Network privacy (Origin hidden by default) | 0 | flow-go relays transactions through access and collection nodes with no Dandelion-style relay or built-in Tor. |
| Programmability | 8.9 | 8 of 9 points source |
| Token issuance (At protocol level) | 2 | Cadence smart contracts implementing the Fungible Token standard, deployable by any account, plus Flow EVM (since September 2024) for ERC-20 contracts. |
| Smart contracts (General-purpose) | 2 | Cadence smart contracts deployable by any account since the 2020 mainnet, plus Flow EVM since September 2024. |
| Multisig and time locks (Without a third party) | ✓ | Native weighted multi-key accounts (keys summing to the 1000 weight threshold, e.g. 2-of-3 at 500 each); time locks are expressible in Cadence or EVM contracts that read block time. |
| Atomic swaps (With other chains) | ✓ | Hash- and time-locked contracts can be written in Cadence or Solidity on Flow EVM. |
| Native DEX (Trades the coin itself, not a claim) | ✓ | Traded as itself, not as a wrapped token or a claim: its own chain's DEXes (Flow, DefiLlama). |
| Cross-chain messaging (Verified by the chain itself) | ✗ | No protocol-level messaging to other chains; the Cadence-EVM bridge connects two environments of the same chain, and bridges to other chains are third-party. |
| NFTs (Carried by the chain's rules) | ✓ | The NonFungibleToken Cadence standard (and ERC-721 on Flow EVM) run by Flow nodes. |
| Demand | 5.9 | average of 7 measures |
| Exchanges (10 or more: 10) | 10 | 33 exchanges |
| Daily volume ($10K 0, $1B or more 10) | 3.9 | $439,861 traded in 24 hours; #707 by volume on the exchanges the site reads (scored on the median day of the last 30, $849,684) |
| Turnover (volume ÷ market cap, 5% a day: 10) | 7.7 | 1.8% of its market cap a day, median of the last 30 days |
| Order-book depth (±2% of the price ÷ market cap, 1%: 10) | 8.4 | $115,860 within 2% of the price on 8 exchanges, 0.33% of its market cap, median of the last 15 days |
| Market cap ($1M 0, $10B or more 10) | 3.9 | $35M, 3.9 on a scale of 2.5 points per tenfold |
| Paper trading (futures, options and margin ÷ market cap, 0%: 10, 100%: 0) | 6.6 | futures, options and margin positions 12% of its market cap |
| 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 | 7.3 | average of 3 criteria |
| Age (years since genesis) (Source) | 5 | 5 full years since 2021-01-27, the first day with a recorded price (genesis not yet researched, so the age can only be understated). |
| Development (work, fixes, vulnerabilities) | 8 | 4 positive, 0 negative source |
| Positive | ||
| Steady work, 6 of 6 | ✓ | 3,326 commits in 12 of the last 12 months (github.com/onflow/flow-go); flow-go v0.51.0, 18 Aug 2026; 35 stable releases in the last 24 months. |
| Shipped a security fix in two years, +1 | ✓ | Mainnet 28 / Cadence v1.8.9, Dec 2025–Jan 2026: patched the Cadence type-confusion flaw exploited on 27 Dec 2025 to counterfeit tokens (post-mortem published by Flow). |
| Shipped a new capability for users in two years, +1 | ✓ | Forte network upgrade, 22 Oct 2025: native scheduled transactions (on-chain automation) and Flow Actions composable primitives, Cadence 1.7. |
| Exploit of the chain, 2025-12-27, flaw fixed (the security fix above) | ✓ | An attacker chained a Cadence runtime type-confusion flaw (v1.8.8) to duplicate about 88 billion units of FLOW and other tokens and bridge out about $3.9M; validators halted the chain about six hours later and the flaw was patched in Cadence v1.8.9 (Mainnet 28). flow.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, 2025-12-27 | ✗ | After an execution-layer exploit duplicated tokens and bridged out ~$3.9M, validators halted the chain within six hours; a full rollback to a pre-exploit checkpoint was considered but dropped for an isolated recovery plan, the chain resumed on 29 Dec and about 87.3B recovered counterfeit FLOW were later destroyed. flow.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.
Proof of Stake coins
Ethereum ETHA+
BNB BNBA
Solana SOLA+
Berachain BERAA
KUB Coin KUB
Casper Network CSPRB
Band BANDAAll Proof of Stake chains →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
1,701,222,574 FLOW are in circulation, against no fixed cap — issuance has no defined end.
Launch and allocation
| Premine (allocated at launch) | 73.6% of today's supply |
|---|---|
| Sold by the issuer or insiders | 22.1% of today's supply |
| Developer share received since launch | 0% of today's supply |
| Developer share of new coins today | 0% |
| Nodes or validators | 301 |
| Fundraising | Private or venture funding |
1.25B FLOW created at genesis (Oct 2020): ecosystem fund 32%, pre-launch backers + community sale 30%, Dapper Labs 20%, development team 18%, against current total supply 1,698,050,266 FLOW (FlowToken.totalSupply via Flow access API, 2026-10-23).
30% (374.8M FLOW) went to pre-launch backers and a community sale combined; Dapper Labs raised venture funding; exact amounts per round not established here.
Flow's supply page lists 374,800,000 FLOW for pre-launch backers plus the CoinList community sale (Sep-Oct 2020), fully unlocked by October 2022. 374.8M / 1,698.05M total supply (FlowToken.totalSupply, 2026-10-23) = 22.1%.
About 5% of supply a year is minted and paid weekly to staked node operators and their delegators (operators keep an 8% delegation fee); no treasury or foundation share of issuance is documented.
Sources: flow.com · tokenomist.ai · developers.flow.com · developers.flow.com · flow.com · rest-mainnet.onflow.org. Researched 2026-10-24, medium confidence.
What a regulator has said
Alleged an unregistered security by the SEC (2023 complaint); not named a commodity in 2026 and not adjudicated — status unsettled.
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 Flow
Flow is #92 among cryptocurrencies and #561 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 469 places between Flow'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).
See the 2 wrapped and staked claims on Flow →