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PlatON (LAT)

LAT price chart

PlatON ranks #182 of 484 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #1328: 1146 of the 1327 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 1577 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 · 66/100 · provisional, B to A
Rank among cryptocurrencies	#182
Rank counting claims	#1328
Market capitalisation	$4M
Price	$0.000498
Circulating supply	7,198,365,908 LAT
Maximum supply	no fixed cap
Consensus family	Proof of Stake
Consensus mechanism	CBFT (Concurrent BFT with PPoS)
Network purpose	Private payments
Ledger type	Multi-asset ledger

Market figures from the 10 November 2026 build. Open the live view for every exchange's price, and charts.

CoinSpectrum Grade (Source)

A — 66 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 62 to 69 (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	6.8	the supply scale times 0.9, and a point for a fixed cap that holds
Supply (21 million scores 10)	7.5	no fixed maximum; 7.2 billion in circulation
Distribution	6.7	average of 3 parts
Holder concentration (Source)	–	Not yet measured
Active addresses	–	Not yet measured
Premine (allocated at launch)	1.3	86.6% of today's supply allocated at launch to founders, a company, a foundation or investors. Mainnet genesis (2021-04-25, PlatON-Go DefaultGenesisBlock) allocated 9,727,638,019 LAT to one distribution address plus the PlatON Foundation fund, for 10.05B of insider allocation; the 200M staking reward pool is excluded as open-staker rewards. Against ~11.60B after five 2.5% annual issuances that is ~86.6%. The 20% foundation share of annual issuance is now scored separately as a block-reward cut. source
Fundraising (share sold) (Source)	8.9	Sold by its issuer or insiders: 11.1% of supply sold. RootData's tokenomics list a private sale of 12.84% of the 10B genesis (1.284B LAT), consistent with the reported rounds ($38M in 2018 and $12M in Oct 2020, HashKey Capital among backers). 1.284B / ~11.60B current supply (after five 2.5% annual issuances) = 11.1%. A $12M private round in Oct 2020 (HashKey Capital among backers) is reported by a secondary source. Tokens sold and price are not established. source
Developer share (after launch)	9.8	Developer share: about 2.3% of today's supply received so far; 20% of each new block reward goes to them today. Each year, PlatON-Go mints 2.5% of the prior total supply (IncreaseIssuanceRatio 250). 80% goes to the staking reward pool (RewardPoolIncreaseRate = 80) and 20% to the Community Developer Foundation, split 50/50 with the PlatON Foundation after the foundation year. Five issuances since the Apr 2021 genesis: 10.25B x (1.025^5 - 1) = 1.347B, of which 20% = 0.269B, or 2.3% of ~11.60B. The rate is governable; it is assumed unchanged at 2.5%. source
Decentralisation	6.3	average of 4 parts
Governance (Source)	10	No authority can halt the chain or freeze funds: No protocol-level freeze, blacklist or clawback of LAT and no halt key is documented; slashing only freezes misbehaving validators' stake. source
No central team (Source)	0	A central team directs it: PlatON-Go (GPL-3.0/LGPL), the only client, is developed in the PlatONnetwork GitHub organisation by the PlatON team (LatticeX Foundation / PlatON Foundation); upgrades pass on-chain version proposals. source
Who can mint (Source)	7	Gated by stake: any holder with enough stake can validate: access bought with coins
Nodes (Source)	8	247 active validators or block producers (source: Staking)
Security	7.6	6.1 of 8 points source
Pool diversity (Largest pool 50% 0 to 20% 10, largest three 90% 0 to 50% 10; 2 points)	10	largest 1.76%, largest three 5.05%
Network activity (Transactions a day, 250 0, 500,000 or more 10; 2 points)	6.4	about 31,900 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 Oct 2026
Open source (Node software)	✓
No 51% attack (Nor a deep reorganisation, five years)	✓
Scalability	7	average of 5 parts source
Fees ($0.001 or less 10, $1 or more 0)	10	typical fee $8e-8
Throughput (2,478 a second, the busiest network's peak day, 10; 121, the median of the ten busiest, 5)	10	about 9,057 simple transactions a second
Block time (10 minutes 10, less either side)	0	a block every 1 second
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	12.6 MB limit (converted from its gas, compute, mass or count limit), 7560 MB per 10 minutes
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)	✓	CBFT produces ~1.06-second blocks and confirms them by BFT quorum certificates within a few blocks, so payments are final in a few seconds.
Pruned nodes (Old history dropped, every rule checked · Whitepaper §7)	–	Pruning behaviour of PlatON-Go not established.
Light clients (Payments verified from headers · Whitepaper §8)	✗	No light-client protocol documented for PlatON-Go.
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	Solidity (EVM) and WASM smart contracts, open to any account.
Smart contracts (General-purpose)	2	Solidity (EVM) and WASM contracts on PlatON mainnet (chain ID 210425), open to any account; blocks produced in October 2026.
Multisig and time locks (Without a third party)	✓	EVM/WASM 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 in its developer docs.
NFTs (Carried by the chain's rules)	✓	PRC-721 (ERC-721-equivalent) NFT contracts, with a release tutorial in its developer docs.
Demand	5.2	average of 7 measures
Exchanges (10 or more: 10)	4	4 exchanges
Daily volume ($10K 0, $1B or more 10)	4	$1,103,319 traded in 24 hours; #643 by volume on the exchanges the site reads (scored on the median day of the last 30, $981,176)
Turnover (volume ÷ market cap, 5% a day: 10)	6.3	26% of its market cap a day, median of the last 30 days
Order-book depth (±2% of the price ÷ market cap, 1%: 10)	10	$36,385 within 2% of the price on 4 exchanges, 1.0% of its market cap, median of the last 15 days
Market cap ($1M 0, $10B or more 10)	1.4	$3.6M, 1.4 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	6.3	average of 3 criteria
Age (years since genesis) (Source)	5	5 full years since 2021-05-12, the first day with a recorded price (genesis not yet researched, so the age can only be understated).
Development (work, fixes, vulnerabilities)	4	3 positive, 4 negative source
Positive
Steady work, 6 of 6	✓	213 commits in 9 of the last 12 months (github.com/PlatONnetwork/PlatON-Go); PlatON-Go v1.5.2 'Euclid' (2026-10-21); v1.5.1 (2026-03-06), v1.5.0 (2025-04-01) and v1.4.4 (2025-01-22) also fall in the last 24 months.
Shipped a security fix in two years, +1	✓	PlatON-Go Euclid v1.5.2, Oct 2026: fixed ViewChangeQC verification that let one validator forge a view-change quorum by signing multiple hashes.
Shipped a new capability for users in two years, +1	✓	PlatON-Go Pauli v1.5.0, Apr 2025: Berlin and London upgrades (EIP-2718 typed transactions, EIP-2930 access lists, EIP-1559 transactions).
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; PlatON-Go v1.5.2 (geth fork; the RPC reports v1.5.0) 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; PlatON-Go v1.5.2 (geth fork; the RPC reports v1.5.0) lacks the 1.13.15 cap. 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; PlatON-Go v1.5.2 (geth fork; the RPC reports v1.5.0) lacks the 1.16.8 length check. 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; PlatON-Go v1.5.2 (geth fork; the RPC reports v1.5.0) 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 Stake coins

Proof of Work coins

Supply

7,198,365,908 LAT are in circulation, against no fixed cap — issuance has no defined end.

Launch and allocation

Premine (allocated at launch)	86.6% of today's supply
Sold by the issuer or insiders	11.1% of today's supply
Developer share received since launch	2.3% of today's supply
Developer share of new coins today	20%
Nodes or validators	247
Fundraising	Private or venture funding

Mainnet genesis (2021-04-25, PlatON-Go DefaultGenesisBlock) allocated 9,727,638,019 LAT to one distribution address plus the PlatON Foundation fund, for 10.05B of insider allocation; the 200M staking reward pool is excluded as open-staker rewards. Against ~11.60B after five 2.5% annual issuances that is ~86.6%. The 20% foundation share of annual issuance is now scored separately as a block-reward cut.

A $12M private round in Oct 2020 (HashKey Capital among backers) is reported by a secondary source. Tokens sold and price are not established.

RootData's tokenomics list a private sale of 12.84% of the 10B genesis (1.284B LAT), consistent with the reported rounds ($38M in 2018 and $12M in Oct 2020, HashKey Capital among backers). 1.284B / ~11.60B current supply (after five 2.5% annual issuances) = 11.1%.

Each year, PlatON-Go mints 2.5% of the prior total supply (IncreaseIssuanceRatio 250). 80% goes to the staking reward pool (RewardPoolIncreaseRate = 80) and 20% to the Community Developer Foundation, split 50/50 with the PlatON Foundation after the foundation year. Five issuances since the Apr 2021 genesis: 10.25B x (1.025^5 - 1) = 1.347B, of which 20% = 0.269B, or 2.3% of ~11.60B. The rate is governable; it is assumed unchanged at 2.5%.

The current total (~11.6B) is computed from protocol parameters, not read on-chain, and fee burns or slashing could shift it slightly. A BingX breakdown lists genesis buckets (LatticeX Foundation 15%, Reserve 15%, Ecosystem 10%, Developer 10%, Research 10%, Alaya support 5%) covering only 65%.

Sources: rootdata.com · coinranking.com · github.com · jb51.net · github.com · github.com. Researched 2026-10-26, low 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 PlatON

PlatON is #182 among cryptocurrencies and #1328 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 1146 places between PlatON'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).