Nexpace (NXPC)
Nexpace ranks #78 of 484 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #454: 376 of the 453 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 466 non-native assets CoinSpectrum lists above it by market cap, about 47% are tokens, 46% are claims on other assets, 7% are memecoins and under 1% are NFT collections.
| CoinSpectrum Grade | B · 51/100 · provisional, C to A |
|---|---|
| Rank among cryptocurrencies | #78 |
| Rank counting claims | #454 |
| Market capitalisation | $46M |
| Price | $0.1458 |
| Circulating supply | 318,373,020 NXPC |
| Maximum supply | 1,000,000,000 NXPC |
| Consensus family | Other |
| Consensus mechanism | Avalanche Snowman (subnet) |
| Ledger type | Multi-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)
B — 51 out of 100, provisional (from 9 of 10 sections, 10 November 2026 build). With what is not yet measured anywhere from nothing to full marks, the score would be 40 to 67 (C to A).
| Section and criteria | Score | Basis |
|---|---|---|
| Consensus | 6.4 | average of 2 criteria |
| By leader (its largest chain's market cap) (Source) | 6.4 | Other: 6.4 of 10 on the ladder of consensus families ranked by their largest chain's market cap |
| By family (all its chains' market cap) (Source) | 6.4 | Other: 6.4 of 10 on the ladder of families ranked by the combined market cap of their chains |
| Supply | 8.5 | the supply scale times 0.9, and a point for a fixed cap that holds |
| Supply (21 million scores 10) | 8.3 | fixed maximum supply of 1 billion |
| Distribution | 6.7 | average of 3 parts |
| Holder concentration (Source) | – | Not yet measured |
| Active addresses | – | Not yet measured |
| Premine (allocated at launch) | 0 | 100% of today's supply allocated at launch to founders, a company, a foundation or investors. The fixed 1B NXPC supply was all issued and allocated by NEXPACE, Nexon's subsidiary (80% contributor rewards, 16.32% ecosystem/airdrops, 2% IP MG, plus team, advisor and gas allocations). Current total supply is about 994.55M NXPC (CoinGecko, 2026-10-23). 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. No cut and no open issuance: the fixed 1B NXPC supply was issued up front and allocated by NEXPACE. source |
| Decentralisation | 0 | average of 2 parts |
| Governance (Source) | 0 | An authority can halt the chain or freeze funds: Henesys is a permissioned L1 whose validator set is managed for Nexpace on AvaCloud, so a single operator can halt or restrict the chain. source |
| No central team (Source) | 0 | A central team directs it: Nexpace (Nexon's MapleStory Universe unit) runs the Henesys L1 on AvaCloud; the client is Ava Labs' AvalancheGo/Subnet-EVM (BSD-3). source |
| Who can mint (Source) | – | Consensus not yet reviewed |
| Nodes (Source) | – | Not yet counted |
| Security | 7.4 | 4.4 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) | 8.2 | about 130,370 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 Nov 2026 |
| Open source (Node software) | ✓ | |
| No 51% attack (Nor a deep reorganisation, five years) | ✓ | |
| Scalability | — | too few measures yet source |
| Fees ($0.001 or less 10, $1 or more 0) | – | not yet measured |
| 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) | 1.1 | a block every 2 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) | 3.3 | 1 of 3 passed |
| Fast payments (Safe to accept within seconds · Whitepaper abstract, §1, §2 and §11) | ✓ | Henesys is an Avalanche L1 using Snowman consensus, with deterministic finality in about 1-2 seconds. |
| Pruned nodes (Old history dropped, every rule checked · Whitepaper §7) | ✗ | Subnet-EVM prunes state only; it has no option that deletes old blocks. |
| Light clients (Payments verified from headers · Whitepaper §8) | ✗ | No light-client protocol; wallets trust RPC servers. |
| 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 | Any secp256k1 key can hold and send NXPC; the chain's account and transfer rules carry 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 | No confidential transactions. |
| Hidden parties (Sender and receiver hidden) | 0 | No sender or receiver hiding. |
| Network privacy (Origin hidden by default) | 0 | Avalanche L1 (Subnet-EVM) relays transactions directly. |
| Programmability | 1.7 | 1 of 6 points, 3 not yet researched source |
| Token issuance | 0 | No token issuance on the chain itself |
| Smart contracts | 0 | Henesys, the EVM Avalanche L1 for MapleStory Universe, requires Nexpace approval and an API key to build; permissionless development is only planned. |
| Multisig and time locks (Without a third party) | – | Users cannot deploy contracts, and no native multisig or time-lock feature open to them is documented. |
| Atomic swaps (With other chains) | – | No HTLC open to users is documented on Henesys. |
| 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) | – | Avalanche L1s can use Interchain Messaging, but no source shows whether Henesys enables it. |
| NFTs (Carried by the chain's rules) | ✓ | MapleStory N in-game items are NFTs on Henesys, run by its EVM. |
| Demand | 6.3 | average of 7 measures |
| Exchanges (10 or more: 10) | 10 | 31 exchanges |
| Daily volume ($10K 0, $1B or more 10) | 4.2 | $14,089,082 traded in 24 hours; #575 by volume on the exchanges the site reads (scored on the median day of the last 30, $1,224,060) |
| Turnover (volume ÷ market cap, 5% a day: 10) | 8.4 | 2.5% of its market cap a day, median of the last 30 days |
| Order-book depth (±2% of the price ÷ market cap, 1%: 10) | 10 | $453,624 within 2% of the price on 6 exchanges, 0.98% of its market cap, median of the last 15 days |
| Market cap ($1M 0, $10B or more 10) | 4.2 | $46M, 4.2 on a scale of 2.5 points per tenfold |
| Paper trading (futures, options and margin ÷ market cap, 0%: 10, 100%: 0) | 6.3 | futures, options and margin positions 13% 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 | 5.7 | average of 3 criteria |
| Age (years since genesis) (Source) | 1 | 1 full year since 2025-05-15, the first day with a recorded price (genesis not yet researched, so the age can only be understated). |
| Development (work, fixes, vulnerabilities) | 6 | 1 positive, 0 negative, 4 not yet researched source |
| Positive | ||
| Steady work, 6 of 6 | ✓ | 6,832 commits in 12 of the last 12 months (github.com/ava-labs/avalanchego); Henesys is an Avalanche L1 run on AvaCloud; its reference client AvalancheGo is actively released. No Nexpace-specific client releases. |
| Not yet researched | ||
| Shipped a security fix in two years | – | |
| Shipped a privacy improvement in two years | – | |
| Shipped a scaling upgrade 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.
Other coins
Internet Computer ICPA
Stacks STXA
Ritual RITUAL
Qubic QUBICB
ARIA NETWORK ARIAX
SMART SMART
TensorCash TSCAll Other 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
318,373,020 of a maximum 1,000,000,000 NXPC are in circulation — 31.8% of the total that will ever exist.
Launch and allocation
| Premine (allocated at launch) | 100% 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 fixed 1B NXPC supply was all issued and allocated by NEXPACE, Nexon's subsidiary (80% contributor rewards, 16.32% ecosystem/airdrops, 2% IP MG, plus team, advisor and gas allocations). Current total supply is about 994.55M NXPC (CoinGecko, 2026-10-23).
No private or public token sale; no tokens sold to external investors (Binance Research). Nexon funds the project with $100M of paid-in capital and took no token allocation.
No cut and no open issuance: the fixed 1B NXPC supply was issued up front and allocated by NEXPACE.
Sources: nexpace.io · coingecko.com · binance.com · altfins.com. Researched 2026-10-24, medium confidence.
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 Nexpace
Nexpace is #78 among cryptocurrencies and #454 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 376 places between Nexpace'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).