Hathor ranks #205 of 484 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #1620: 1415 of the 1619 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 1900 non-native assets CoinSpectrum lists above it by market cap, about 61% are tokens, 33% are claims on other assets, 5% are memecoins and 1% are NFT collections.
| CoinSpectrum Grade | B · 62/100 · provisional, B to A |
|---|---|
| Rank among cryptocurrencies | #205 |
| Rank counting claims | #1620 |
| Market capitalisation | $2M |
| Price | $0.00350 |
| Circulating supply | 517,508,753 HTR |
| Maximum supply | no fixed cap |
| Consensus family | Proof of Work |
| Consensus mechanism | SHA-256d + DAG (merge-mined) |
| Own hashrate | 42 PH/s |
| Ledger type | Multi-asset ledger |
| Launch distribution | Presale |
Market figures from the 10 November 2026 build. Open the live view for every exchange's price, and charts.
B — 62 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 56 to 65 (B to A).
| 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 | 7.7 | the supply scale times 0.9, and a point for a fixed cap that holds |
| Supply (21 million scores 10) | 8.6 | no fixed maximum; 518 million in circulation |
| Distribution | 6.7 | average of 3 parts |
| Holder concentration (Source) | – | Not yet measured |
| Active addresses | – | Not yet measured |
| Premine (allocated at launch) | 1.5 | 84.8% of today's supply allocated at launch to founders, a company, a foundation or investors. The genesis block created 1B HTR in a wallet controlled by Hathor Labs (allocated to private sale 8%, seed 5%, treasury 24%, team 10%, advisors 5%, 5-year vault 18%, etc.); 20% (200M) is a burn bucket. The remaining 800M against the current total of ~943.2M (MEXC, Mar 2026: 1B - 200M burned + ~143M mined) is 84.8%. source |
| Fundraising (share sold) (Source) | 8.7 | Sold by its issuer or insiders: 13.3% of supply sold. Private sale 75,070,653 HTR (~$0.5M per CryptoRank and CoinCarp), seed sale 5% (50M), and a small KuCoin IEO in Jul 2025 (700K HTR). Sold = ~125.8M / 943.2M = 13.3%. source |
| Developer share (after launch) | 10 | No developer share: every new coin goes to the miners or validators who produce blocks. The ~143M HTR mined since launch (Jan 2020) went to the miners of each block, through merged mining with Bitcoin. No developer or Hathor Labs share of the block reward was found. The Labs allocations come from the 1B genesis (premine). source |
| Decentralisation | 3.3 | average of 3 parts |
| Governance (Source) | 0 | An authority can halt the chain or freeze funds: Mainnet nodes run with ENABLE_PEER_WHITELIST, connecting only to peer IDs listed in a file Hathor Labs serves from its own S3 bucket (hathor-public-files), and the client hard-codes a SOFT_VOIDED_TX_IDS list of transactions it treats as voided; together these let one company decide who joins the network and invalidate specific transactions. source |
| No central team (Source) | 0 | A central team directs it: hathor-core (Apache-2.0) is developed by Hathor Labs, whose repository, release schedule and feature-activation criteria define the protocol. 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 | 3.5 | 2.8 of 8 points source |
| Pool diversity (Largest pool 50% 0 to 20% 10, largest three 90% 0 to 50% 10; 2 points) | 0 | largest 53.2%, largest three 98.6% |
| Network activity (Transactions a day, 250 0, 500,000 or more 10; 2 points) | 0 | about 193 transactions a day |
| Hashrate (Own work 5, its power 1 kW 0 to 10 GW 5; 1 point) | 1 | merge-mined: its blocks are found by another chain's miners, 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 Jul 2026 |
| Open source (Node software) | ✓ | |
| No 51% attack (Nor a deep reorganisation, five years) | ✓ | |
| Scalability | 4.4 | average of 3 parts source |
| Fees ($0.001 or less 10, $1 or more 0) | 10 | typical fee $0 |
| 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) | 3.1 | a block every 7.5 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) | 0 | 0 of 3 passed |
| Fast payments (Safe to accept within seconds · Whitepaper abstract, §1, §2 and §11) | ✗ | Transactions enter the DAG at once but conflicts are resolved by accumulated weight rather than first-seen, and confirmation needs blocks; there are no instant locks or double-spend proofs. |
| Pruned nodes (Old history dropped, every rule checked · Whitepaper §7) | ✗ | Full nodes keep the whole DAG of blocks and transactions. |
| Light clients (Payments verified from headers · Whitepaper §8) | ✗ | Wallets use full nodes or the wallet service; no proof-verifying light client. |
| 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 | Shielded-output headers in hathor-core v0.71.0 (2026) are gated off on mainnet; amounts are public. |
| Hidden parties (Sender and receiver hidden) | 0 | Transparent addresses. |
| Network privacy (Origin hidden by default) | 0 | hathor-core relays transactions directly; no Dandelion or Tor. |
| Programmability | 6.7 | 6 of 9 points source |
| Token issuance (At protocol level) | 2 | Custom tokens are native to the protocol and any wallet can create them (deposit or fee based), plus nano contracts on mainnet. |
| Smart contracts (General-purpose) | 2 | Nano contracts (Python blueprints) on mainnet in a controlled rollout, with Dozer Finance announced as the first DEX on Hathor mainnet; anyone can create contracts from blueprints, but new blueprints still need Hathor Labs approval and signature. |
| Multisig and time locks (Without a third party) | ✓ | OP_CHECKMULTISIG (P2SH multisig) and OP_GREATERTHAN_TIMESTAMP plus output timelocks in its script. |
| Atomic swaps (With other chains) | ✗ | Its script has OP_HASH160 but no branching (no OP_IF), so a claim-or-refund HTLC cannot be written, and no HTLC blueprint was found; Hathor's 'atomic swap' is a same-chain multi-party token trade. |
| 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; bridges are operated services. |
| NFTs (Carried by the chain's rules) | ✓ | NFTs are native Hathor tokens (a token with an NFT data output, created through the wallets create-nft call), with no contract involved. |
| Demand | 4.8 | average of 7 measures |
| Exchanges (10 or more: 10) | 3 | 3 exchanges |
| Daily volume ($10K 0, $1B or more 10) | 1.7 | $93,533 traded in 24 hours; #1703 by volume on the exchanges the site reads (scored on the median day of the last 30, $74,716) |
| Turnover (volume ÷ market cap, 5% a day: 10) | 9 | 3.2% of its market cap a day, median of the last 30 days |
| Order-book depth (±2% of the price ÷ market cap, 1%: 10) | 8.3 | $5,610 within 2% of the price on 3 exchanges, 0.31% of its market cap, median of the last 15 days |
| Market cap ($1M 0, $10B or more 10) | 0.6 | $1.8M, 0.6 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 |
| 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 | 7.7 | average of 3 criteria |
| Age (years since genesis) (Source) | 6 | 6 full years since 2020-09-25, the first day with a recorded price (genesis not yet researched, so the age can only be understated). |
| Development (work, fixes, vulnerabilities) | 7 | 2 positive, 0 negative source |
| Positive | ||
| Steady work, 6 of 6 | ✓ | 691 commits in 11 of the last 12 months (github.com/HathorNetwork/hathor-core); hathor-core v0.71.0, 2026-07-31; eleven releases since October 2024 (v0.63.0 to v0.71.0), and nodes now report v0.72.0. |
| Shipped a new capability for users in two years, +1 | ✓ | hathor-core v0.67.1, Oct 2025: nano contracts activated on mainnet from ~Nov 2025; v0.69.0, Feb 2026: fee-based tokens activated ~Mar 2026. |
| 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.
517,508,753 HTR are in circulation, against no fixed cap — issuance has no defined end.
| Premine (allocated at launch) | 84.8% of today's supply |
|---|---|
| Sold by the issuer or insiders | 13.3% of today's supply |
| Developer share received since launch | 0% of today's supply |
| Developer share of new coins today | 0% |
| Fundraising | Private or venture funding |
The genesis block created 1B HTR in a wallet controlled by Hathor Labs (allocated to private sale 8%, seed 5%, treasury 24%, team 10%, advisors 5%, 5-year vault 18%, etc.); 20% (200M) is a burn bucket. The remaining 800M against the current total of ~943.2M (MEXC, Mar 2026: 1B - 200M burned + ~143M mined) is 84.8%.
Private sale 75,070,653 HTR (~$0.5M per CryptoRank and CoinCarp), seed sale 5% (50M), and a small KuCoin IEO in Jul 2025 (700K HTR). Sold = ~125.8M / 943.2M = 13.3%.
The ~143M HTR mined since launch (Jan 2020) went to the miners of each block, through merged mining with Bitcoin. No developer or Hathor Labs share of the block reward was found. The Labs allocations come from the 1B genesis (premine).
That the 200M burn has been carried out is inferred from the 943M total supply reconciling with it. The seed round's USD amount is not established.
Sources: github.com · hathor.network · docs.hathor.network · gate.com · coincarp.com · mexc.com. Researched 2026-10-24, medium confidence.
Hathor is secured by 42 PH/s of its own work. Hashrate does not compare across algorithms — a SHA-256 hash and a Scrypt hash cost different amounts to produce.
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.
Hathor is #205 among cryptocurrencies and #1620 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 1415 places between Hathor'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).