PIVX (PIVX)
PIVX ranks #193 of 484 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #1464: 1271 of the 1463 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 1721 non-native assets CoinSpectrum lists above it by market cap, about 61% are tokens, 32% are claims on other assets, 6% are memecoins and 1% are NFT collections.
| CoinSpectrum Grade | A · 73/100 · provisional |
|---|---|
| Rank among cryptocurrencies | #193 |
| Rank counting claims | #1464 |
| Market capitalisation | $3M |
| Price | $0.0238 |
| Circulating supply | 108,366,571 PIVX |
| Maximum supply | no fixed cap |
| Consensus family | Proof of Stake |
| Consensus mechanism | Time Protocol v2 (PoS) |
| Network purpose | Private 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)
A — 73 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 66 to 73 (A 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 | 8.4 | the supply scale times 0.9, and a point for a fixed cap that holds |
| Supply (21 million scores 10) | 9.3 | no fixed maximum; 108 million in circulation |
| Distribution | 9.3 | average of 3 parts |
| Holder concentration (Source) | – | Not yet measured |
| Active addresses | – | Not yet measured |
| Premine (allocated at launch) | 10 | 0.06% of today's supply allocated at launch to founders, a company, a foundation or investors. Block 1 paid 60,001 PIV ('premine for 6 masternodes', GetBlockValue in validation.cpp). 60,001 / 107,680,473 current supply (CoinGecko, 2026-10-23) = 0.06%. The PoW launch phase (250 PIV per block) was open mining. source |
| Fundraising (share sold) (Source) | 10 | No sale of the coin source |
| Developer share (after launch) | 8 | Developer share: about 20% of today's supply received so far; 49% of each new block reward goes to them today. A masternode-voted treasury pays approved proposals by superblock every 43,200 blocks. Since V5.5 (block 3,715,200, early 2023) its cap equals 100% of the 10-PIV block value (432,000 PIV a month), so up to half of new PIV; before that the cap was 20% of block value. Unused budget is not minted. Supply rose ~10.28M from Sep 2025 to Sep 2026 against 5.26M of staker and masternode rewards, so the treasury took ~49%. Cumulatively: 107.69M supply (cryptoid) − 85.93M of scheduled block values (including the 60,001 premine) = 21.76M ≈ 20% minted outside block rewards, nearly all treasury (upper bound). source |
| Decentralisation | 9.3 | average of 4 parts |
| Governance (Source) | 10 | No authority can halt the chain or freeze funds: No protocol key can freeze or claw back coins or halt the chain; spork keys exist in the Dash-derived codebase but only toggle network features. source |
| No central team (Source) | 10 | No central team: PIVX Core (MIT) is maintained by community contributors (including PIVX Labs) funded through masternode-voted treasury proposals; no single company owns the client or roadmap. source |
| Who can mint (Source) | 7 | Gated by stake: any holder with enough stake can validate: access bought with coins |
| Nodes (Source) | 10 | 2,299 reachable nodes (distinct IP addresses at the chain's tip, crawled by CoinSpectrum on 2026-11-08; clearnet only) |
| Security | 6.1 | 4.8 of 8 points source |
| Pool diversity (Largest pool 50% 0 to 20% 10, largest three 90% 0 to 50% 10; 2 points) | 10 | largest 20%, largest three 36.5% |
| Network activity (Transactions a day, 250 0, 500,000 or more 10; 2 points) | 1.2 | about 640 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) | 5 | one client, no new version in 24 months (latest Feb 2024) |
| Open source (Node software) | ✓ | |
| No 51% attack (Nor a deep reorganisation, five years) | ✓ | |
| Scalability | 6.9 | average of 5 parts source |
| Fees ($0.001 or less 10, $1 or more 0) | 10 | typical fee $4e-7 |
| Throughput (2,478 a second, the busiest network's peak day, 10; 121, the median of the ten busiest, 5) | 5.3 | about 147 simple transactions a second |
| Block time (10 minutes 10, less either side) | 6.4 | a block every 1 minute |
| Block space per 10 minutes (24 MB or more 10: the ten busiest networks' median demand, 16.4 MB, and half again for growth) | 9.7 | 2 MB limit, 20 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 node relays first-seen transactions with no replace-by-fee: AcceptToMemoryPool rejects conflicting spends ('Disable replacement feature for now', txn-mempool-conflict) in v5.6.1; LLMQ ChainLocks exist in code but the V6.0 upgrade has no mainnet activation height. |
| Pruned nodes (Old history dropped, every rule checked · Whitepaper §7) | ✗ | PIVX Core v5.6.1 has no -prune option; nodes keep the full block history. |
| Light clients (Payments verified from headers · Whitepaper §8) | ✗ | PIVX is proof of stake, so Bitcoin-style SPV cannot check the stake behind its headers, and no shipped light client verifies it; light wallets trust a server. |
| Privacy | 8.7 | 8.7 of 10: whitepaper privacy 7 of 7, extra features 1.7 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) | 5 | SHIELD (Sapling-based zk-SNARK shielded transactions), live since PIVX 5.0 (2020), hides amounts. Optional: 5 of 10. |
| Hidden parties (Sender and receiver hidden) | 5 | SHIELD spends hide the sender and shielded addresses the receiver. Optional: 5 of 10. |
| Network privacy (Origin hidden by default) | 0 | Bitcoin-derived node relays its own transactions over clearnet by default; Tor (-proxy/-onion) needs user setup and there is no Dandelion. |
| Programmability | 4.4 | 4 of 9 points source |
| Token issuance | 0 | No token issuance on the chain itself |
| Smart contracts (Scripting for spending conditions) | 1 | Bitcoin/Dash-lineage Script with spending conditions only (plus cold-staking opcodes). |
| Multisig and time locks (Without a third party) | ✓ | OP_CHECKMULTISIG and OP_CHECKLOCKTIMEVERIFY in its script interpreter (OP_NOP3, CSV's slot, stays a no-op). |
| Atomic swaps (With other chains) | ✓ | Script can express HTLCs (hash check plus CLTV refund). |
| Native DEX (Trades the coin itself, not a claim) | ✓ | Traded as itself, not as a wrapped token or a claim: BasicSwap; Komodo DeFi; Bisq. |
| Cross-chain messaging (Verified by the chain itself) | ✗ | No cross-chain feature in the protocol. |
| NFTs (Carried by the chain's rules) | ✗ | No token or NFT type in the protocol. |
| Demand | 4.3 | average of 7 measures |
| Exchanges (10 or more: 10) | 2 | 2 exchanges |
| Daily volume ($10K 0, $1B or more 10) | 1.6 | $66,289 traded in 24 hours; #1764 by volume on the exchanges the site reads (scored on the median day of the last 30, $65,797) |
| Turnover (volume ÷ market cap, 5% a day: 10) | 7.1 | 1.4% of its market cap a day, median of the last 30 days |
| Order-book depth (±2% of the price ÷ market cap, 1%: 10) | 7.1 | $3,504 within 2% of the price on 1 exchange, 0.14% of its market cap, median of the last 15 days |
| Market cap ($1M 0, $10B or more 10) | 1 | $2.6M, 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 | 6 | average of 3 criteria |
| Age (years since genesis) (Source) | 8 | 8 full years since 2018-01-24, 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, 3 negative source |
| Positive | ||
| Steady work, 2 of 6 | ✓ | 23 commits in 4 of the last 12 months (github.com/PIVX-Project/PIVX); Last release PIVX-Project/PIVX v5.6.1 on 2024-02-21 (v5.6.0 2024-02-18), more than 24 months ago, which meets the brief's 'no release in 24 months' rule; however master still receives commits (2026-10-21, v6.0 work with LLMQ ChainLocks on testnet). |
| Negative | ||
| Unfixed vulnerability, disclosed 2024-07-03, −1 | ✗ | CVE-2024-52914: crafted orphan transactions can stall the node for hours in the uninterruptible orphan-resolution loop; still in PIVX v5.6.1. bitcoincore.org github.com |
| Unfixed vulnerability, disclosed 2024-07-03, −1 | ✗ | CVE-2020-14198: misbehaving peers are auto-banned into an unbounded ban list, so many attacker addresses can exhaust CPU and memory; still in PIVX v5.6.1. bitcoincore.org github.com github.com |
| Unfixed vulnerability, disclosed 2026-05-05, −1 | ✗ | CVE-2024-52911: a crafted invalid block can make script-check threads read freed precomputed transaction data and crash the node; still in PIVX v5.6.1. bitcoincore.org 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 Stake coins
Ethereum ETHA+
BNB BNBA
Solana SOLA+
KONET KONET
ABBC Coin ABBCC
BitShares BTSA
Stealth XSTAAll 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
108,366,571 PIVX are in circulation, against no fixed cap — issuance has no defined end.
Launch and allocation
| Premine (allocated at launch) | 0.06% of today's supply |
|---|---|
| Sold by the issuer or insiders | 0% of today's supply |
| Developer share received since launch | 20% of today's supply |
| Developer share of new coins today | 49% |
| Fundraising | No sale and no investor round |
Block 1 paid 60,001 PIV ('premine for 6 masternodes', GetBlockValue in validation.cpp). 60,001 / 107,680,473 current supply (CoinGecko, 2026-10-23) = 0.06%. The PoW launch phase (250 PIV per block) was open mining.
No ICO or sale. Development is funded by the on-chain treasury: about 10% of emission, paid monthly to proposals approved by masternode votes.
A masternode-voted treasury pays approved proposals by superblock every 43,200 blocks. Since V5.5 (block 3,715,200, early 2023) its cap equals 100% of the 10-PIV block value (432,000 PIV a month), so up to half of new PIV; before that the cap was 20% of block value. Unused budget is not minted. Supply rose ~10.28M from Sep 2025 to Sep 2026 against 5.26M of staker and masternode rewards, so the treasury took ~49%. Cumulatively: 107.69M supply (cryptoid) − 85.93M of scheduled block values (including the 60,001 premine) = 21.76M ≈ 20% minted outside block rewards, nearly all treasury (upper bound).
The masternode-voted treasury (up to about 10% of issuance) is left out here as governance-spent rather than a founders' reward. If the site counts it as a developer tax, the insider share would be several percent higher; the cumulative treasury payout wasn't computed.
Sources: github.com · github.com · chainz.cryptoid.info · coinmarketcap.com · coingecko.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 PIVX
PIVX is #193 among cryptocurrencies and #1464 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 1271 places between PIVX'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).