OctaSpace (OCTA)
OctaSpace ranks #190 of 484 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #1429: 1239 of the 1428 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 1682 non-native assets CoinSpectrum lists above it by market cap, about 61% are tokens, 31% are claims on other assets, 6% are memecoins and 1% are NFT collections.
| CoinSpectrum Grade | A · 65/100 · provisional, B to A |
|---|---|
| Rank among cryptocurrencies | #190 |
| Rank counting claims | #1429 |
| Market capitalisation | $3M |
| Price | $0.0698 |
| Circulating supply | 39,984,352 OCTA |
| Maximum supply | 48,000,000 OCTA |
| Consensus family | Proof of Work |
| Consensus mechanism | Ethash (EVM-compatible) |
| Own hashrate | 1.44 TH/s |
| Network purpose | Distributed compute |
| Ledger type | Multi-asset ledger |
| Launch distribution | No premine |
Market figures from the 10 November 2026 build. Open the live view for every exchange's price, and charts.
CoinSpectrum Grade (Source)
A — 65 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 58 to 67 (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 | 9.6 | fixed maximum supply of 48 million |
| Distribution | 9.6 | average of 3 parts |
| Holder concentration (Source) | – | Not yet measured |
| Active addresses | – | Not yet measured |
| Premine (allocated at launch) | 10 | 0% of today's supply allocated at launch to founders, a company, a foundation or investors. No genesis allocation or instamine: every OCTA has been issued as block rewards. The development-fund share (5.78M OCTA) is now scored as a block-reward cut. source |
| Fundraising (share sold) (Source) | 10 | No sale of the coin source |
| Developer share (after launch) | 8.8 | Developer share: about 12.5% of today's supply received so far; 15% of each new block reward goes to them today. go-octa credits a development fund (0xfD208bfe…) every block: 1.5 OCTA to block 1,499,999, then 1.0, 0.5, 0.4 (from 2.5M) and 0.3 (from 6M); now 0.3 of 2.0 OCTA = 15%. To height 10,606,624 that sums to 5.78M OCTA = 12.5% of 46.42M (Blockscout coinsupply). A larger node-staking fund (0.7 OCTA a block now, 15.9M so far) pays OctaSpace compute nodes and is treated as node-operator rewards, not a cut. source |
| Decentralisation | 6.7 | average of 3 parts |
| Governance (Source) | 10 | No authority can halt the chain or freeze funds: No protocol-level freeze, blacklist or halt key; the development and node-staking funds are ordinary addresses credited by the reward code. source |
| No central team (Source) | 0 | A central team directs it: The only client, go-octa (a go-ethereum fork under LGPL/GPL), lives in the OctaSpace GitHub organisation, which also sets the reward forks. 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 | 4.7 | 3.8 of 8 points source |
| Pool diversity (Largest pool 50% 0 to 20% 10, largest three 90% 0 to 50% 10; 2 points) | 0.1 | largest 49.5%, largest three 96.2% |
| Network activity (Transactions a day, 250 0, 500,000 or more 10; 2 points) | 2.7 | about 1,926 transactions a day |
| Hashrate (Own work 5, its power 1 kW 0 to 10 GW 5; 1 point) | 6.9 | own work 5; about 470 kW, 1.9 of 5; 54.2% of its algorithm's largest, not scored |
| 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 Nov 2024) |
| Open source (Node software) | ✓ | |
| No 51% attack (Nor a deep reorganisation, five years) | ✓ | |
| Scalability | 5.7 | average of 5 parts source |
| Fees ($0.001 or less 10, $1 or more 0) | 10 | typical fee $0.0000024 |
| Throughput (2,478 a second, the busiest network's peak day, 10; 121, the median of the ten busiest, 5) | 4.8 | about 109 simple transactions a second |
| Block time (10 minutes 10, less either side) | 3.9 | a block every 12 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) | 10 | 1.88 MB limit (converted from its gas, compute, mass or count limit), 93.8 MB per 10 minutes |
| Features (3 checks) | 0 | 0 of 2 passed, 1 not yet researched |
| Fast payments (Safe to accept within seconds · Whitepaper abstract, §1, §2 and §11) | ✗ | Ethash proof-of-work with ~13 s blocks and probabilistic finality; no instant-lock or double-spend-proof mechanism. |
| Pruned nodes (Old history dropped, every rule checked · Whitepaper §7) | ✗ | go-ethereum 1.10.17 base prunes state only; full nodes keep every block. |
| Light clients (Payments verified from headers · Whitepaper §8) | – | go-octa is based on go-ethereum 1.10.17, which still contains the LES light protocol, but whether any node serves it is unknown. |
| 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 derived from user-generated keys and the EVM checks only signatures and balances; no identity check is part of the chain's rules. |
| 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 | Account-based EVM chain with public balances and transfer amounts. |
| Hidden parties (Sender and receiver hidden) | 0 | Sender and receiver addresses are public; no ring signatures, ZK sender proofs or stealth addresses in the protocol. |
| Network privacy (Origin hidden by default) | 0 | Devp2p relays transactions directly from the sending node; no Dandelion-style relay or built-in Tor. |
| Programmability | 7.8 | 7 of 9 points source |
| Token issuance (At protocol level) | 2 | ERC-20 contracts on its go-ethereum-based EVM chain (chain ID 800001), open to any account; third-party ERC-20s appear on its explorer. |
| Smart contracts (General-purpose) | 2 | go-ethereum-based EVM chain (chain ID 800001), open to any account; blocks produced in October 2026. |
| Multisig and time locks (Without a third party) | ✓ | EVM contracts can enforce m-of-n signatures and block-time locks. |
| Atomic swaps (With other chains) | ✓ | Hash-locked, time-locked contracts can be written for its EVM. |
| 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 found. |
| NFTs (Carried by the chain's rules) | ✓ | ERC-721 contracts on its EVM. |
| Demand | 3.1 | average of 7 measures |
| Exchanges (10 or more: 10) | 2 | 2 exchanges |
| Daily volume ($10K 0, $1B or more 10) | 0 | $17,118 traded in 24 hours; #2660 by volume on the exchanges the site reads (scored on the median day of the last 30, $8,312) |
| Turnover (volume ÷ market cap, 5% a day: 10) | 3.1 | 0.25% of its market cap a day, median of the last 30 days |
| Order-book depth (±2% of the price ÷ market cap, 1%: 10) | 4.4 | $565 within 2% of the price on 2 exchanges, 0.02% of its market cap, median of the last 15 days |
| Market cap ($1M 0, $10B or more 10) | 1.1 | $2.8M, 1.1 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 | 4.3 | average of 3 criteria |
| Age (years since genesis) (Source) | 3 | 3 full years since 2023-04-05, 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 source |
| Positive | ||
| Steady work, 2 of 6 | ✓ | 0 commits in 0 of the last 12 months (github.com/octaspace/go-octa); go-octa v2.0.2, released 2024-11-04, is the only release in the last 24 months (previous: v2.0.1, 2024-09-26). |
| Negative | ||
| Unfixed vulnerability, disclosed 2023-09-06, −1 | ✗ | go-ethereum GHSA-ppjg-v974-84cm (CVE-2023-40591, High) lets a flood of p2p pings spawn unbounded goroutines until the node runs out of memory; go-octa v2.0.2 (geth 1.10.17 base per its README; the RPC reports v2.0.2-octa) still answers pings in a new goroutine (fixed in 1.12.1). github.com github.com |
| Unfixed vulnerability, disclosed 2024-05-06, −1 | ✗ | go-ethereum GHSA-4xc9-8hmq-j652 (CVE-2024-32972, High) lets a GetBlockHeaders request with count 0 make the node load every header back to genesis; go-octa v2.0.2 (geth 1.10.17 base per its README; the RPC reports v2.0.2-octa) lacks the 1.13.15 cap. github.com github.com github.com |
| Unfixed vulnerability, disclosed 2026-01-13, −1 | ✗ | go-ethereum GHSA-mr7q-c9w9-wh4h (CVE-2026-22862, High) lets a crafted p2p message crash the node with a too-short ECIES ciphertext; go-octa v2.0.2 (geth 1.10.17 base per its README; the RPC reports v2.0.2-octa) lacks the 1.16.8 length check. github.com github.com github.com |
| Unfixed vulnerability, disclosed 2026-02-17, −1 | ✗ | go-ethereum GHSA-2gjw-fg97-vg3r (CVE-2026-26314, High) lets a crafted p2p message crash the node through unchecked secp256k1 point coordinates; go-octa v2.0.2 (geth 1.10.17 base per its README; the RPC reports v2.0.2-octa) lacks the 1.16.9 coordinate check. github.com github.com github.com |
| 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+
Nexa NEXAA
Vertcoin VTC
Kadena KDAA
Zephyr Protocol ZEPHAll 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
39,984,352 of a maximum 48,000,000 OCTA are in circulation — 83.3% of the total that will ever exist.
Launch and allocation
| Premine (allocated at launch) | 0% of today's supply |
|---|---|
| Sold by the issuer or insiders | 0% of today's supply |
| Developer share received since launch | 12.5% of today's supply |
| Developer share of new coins today | 15% |
| Fundraising | No sale and no investor round |
No genesis allocation or instamine: every OCTA has been issued as block rewards. The development-fund share (5.78M OCTA) is now scored as a block-reward cut.
No sale. OctaSpace's docs state that no coins were premined or pre-allocated, including to the team.
go-octa credits a development fund (0xfD208bfe…) every block: 1.5 OCTA to block 1,499,999, then 1.0, 0.5, 0.4 (from 2.5M) and 0.3 (from 6M); now 0.3 of 2.0 OCTA = 15%. To height 10,606,624 that sums to 5.78M OCTA = 12.5% of 46.42M (Blockscout coinsupply). A larger node-staking fund (0.7 OCTA a block now, 15.9M so far) pays OctaSpace compute nodes and is treated as node-operator rewards, not a cut.
The site has no label yet. 'No premine' is accurate, but the dev fund takes a block-reward share, which counts here. The dev total is computed from the published schedule. On-chain supply is about 0.7M above the schedule's 45.7M, probably uncle rewards; the dev address balance was not checked directly.
Sources: github.com · github.com · scan.octa.space · docs.octa.space · pool.kryptex.com. Researched 2026-10-24, high confidence.
The work behind it
OctaSpace is secured by 1.44 TH/s of its own work. Hashrate does not compare across algorithms — a SHA-256 hash and a Scrypt hash cost different amounts to produce.
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 OctaSpace
OctaSpace is #190 among cryptocurrencies and #1429 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 1239 places between OctaSpace'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).