Primecoin ranks #236 of 484 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #1856: 1620 of the 1855 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 2137 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 | pending — no market data |
|---|---|
| Rank among cryptocurrencies | #236 |
| Rank counting claims | #1856 |
| Market capitalisation | $1M |
| Price | $0.0183 |
| Circulating supply | 59,973,511 XPM |
| Maximum supply | no fixed cap |
| Consensus family | Proof of Work |
| Consensus mechanism | Prime-chain (Cunningham chains) |
| Own hashrate | — |
| Ledger type | Single-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.
Grade pending. No market cap or no daily volume is reported for Primecoin by any source the site reads. A grade is not given until it is, so that a coin is never rated higher for what is not yet known.
| 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 | 8.6 | the supply scale times 0.9, and a point for a fixed cap that holds |
| Supply (21 million scores 10) | 9.5 | no fixed maximum; 60 million in circulation |
| Distribution | 10 | 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. Launched 7 July 2013 by Sunny King with no genesis allocation; every block reward follows TargetGetMint (999 / difficulty^2 XPM) from block one. 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. The protocol pays the whole mint to the block finder. The 1% 'donation' in mikaelh's high-performance miner is an optional client-side setting, not a protocol cut. source |
| Decentralisation | 10 | average of 3 parts |
| Governance (Source) | 10 | No authority can halt the chain or freeze funds: No protocol-level freeze or checkpoint key; plain proof of work. source |
| No central team (Source) | 10 | No central team: Volunteer maintainers in the primecoin GitHub organisation since founder Sunny King stepped away; MIT licence. 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 | 3.3 | 2.3 of 7 points, 1 not yet measured source |
| Pool diversity (Largest pool 50% 0 to 20% 10, largest three 90% 0 to 50% 10; 2 points) | 0 | largest 98.4%, largest three 99.8% |
| Network activity (Transactions a day, 250 0, 500,000 or more 10; 2 points) | 0.1 | about 272 transactions a day |
| Hashrate (Own work 5, its power 1 kW 0 to 10 GW 5; 1 point) | – | |
| 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) | 3 | one client, no new version in 48 months (latest May 2022) |
| Open source (Node software) | ✓ | |
| No 51% attack (Nor a deep reorganisation, five years) | ✓ | |
| Scalability | 6.5 | average of 5 parts source |
| Fees ($0.001 or less 10, $1 or more 0) | 10 | typical fee $0.00048 |
| Throughput (2,478 a second, the busiest network's peak day, 10; 121, the median of the ten busiest, 5) | 4.2 | about 74 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) | 8.4 | 1 MB limit, 10 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) | ✗ | Most reachable nodes run Primecoin 0.2.0 on a Bitcoin Core 0.16.3 base, which accepts BIP125 opt-in replace-by-fee; no instant locks; 60 s blocks. |
| Pruned nodes (Old history dropped, every rule checked · Whitepaper §7) | ✗ | Primecoin v0.1.5 (Bitcoin 0.8 base) has no -prune option. |
| Light clients (Payments verified from headers · Whitepaper §8) | ✓ | Bitcoin 0.8-based node serves BIP37 merkleblocks for SPV. |
| 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 | Transparent UTXO amounts; no confidential-transaction or shielded feature. |
| Hidden parties (Sender and receiver hidden) | 0 | Transparent addresses; no ring signatures, ZK proofs or stealth addresses. |
| 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 | 1.1 | 1 of 9 points source |
| Token issuance | 0 | No token issuance on the chain itself |
| Smart contracts (Scripting for spending conditions) | 1 | Bitcoin 0.8-era Script (src/script.cpp) with spending conditions only. |
| Multisig and time locks (Without a third party) | ✗ | OP_CHECKMULTISIG is present, but OP_NOP2/OP_NOP3 stay no-ops (no CHECKLOCKTIMEVERIFY or CHECKSEQUENCEVERIFY) in the current master, so outputs cannot carry time-locked spending conditions. |
| Atomic swaps (With other chains) | ✗ | Without CLTV/CSV no script refund path can be time-locked, so an HTLC cannot be expressed in an output. |
| 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 cross-chain feature in the protocol. |
| NFTs (Carried by the chain's rules) | ✗ | No token or NFT type in the protocol. |
| Demand | 0.4 | average of 3 measures |
| Exchanges (10 or more: 10) | 0 | no exchange the site reads trades it |
| Daily volume ($10K 0, $1B or more 10) | – | no volume reported |
| Turnover (volume ÷ market cap, 5% a day: 10) | – | not measured |
| Order-book depth (±2% of the price ÷ market cap, 1%: 10) | – | no order book on the nine exchanges read |
| Market cap ($1M 0, $10B or more 10) | 0.1 | $1.1M, 0.1 on a scale of 2.5 points per tenfold |
| Paper trading (futures, options and margin ÷ market cap, 0%: 10, 100%: 0) | – | not measured |
| 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 | 6.8 | average of 3 criteria |
| Age (years since genesis) (Source) | 10 | 13 full years since 2013-07-11, the first day with a recorded price (genesis not yet researched, so the age can only be understated). |
| Development (work, fixes, vulnerabilities) | 0.5 | 1 positive, 2 negative source |
| Positive | ||
| Steady work, 2.5 of 6 | ✓ | 10 commits in 5 of the last 12 months (github.com/primecoin/primecoin); Last tagged release v0.2.0xpm-test-rc9 (2022-05-17); no release in the last 24 months, though commits continued on master into February 2026. |
| Negative | ||
| Unfixed vulnerability, disclosed 2024-07-03, −1 | ✗ | CVE-2020-14198: misbehaving peers are auto-banned into an unbounded ban list, so many attacker addresses (cheap with IPv6) can exhaust memory; still in Primecoin v0.1.5xpm. bitcoincore.org github.com |
| Unfixed vulnerability, disclosed 2024-07-31, −1 | ✗ | CVE-2024-52919: addr-message spam can overflow the address manager's 32-bit id counter and crash the node, with no addr rate limit; still in Primecoin v0.1.5xpm. 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.
59,973,511 XPM are in circulation, against no fixed cap — issuance has no defined end.
| 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 | 0% of today's supply |
| Developer share of new coins today | 0% |
| Fundraising | No sale and no investor round |
Launched 7 July 2013 by Sunny King with no genesis allocation; every block reward follows TargetGetMint (999 / difficulty^2 XPM) from block one.
No sale or presale.
The protocol pays the whole mint to the block finder. The 1% 'donation' in mikaelh's high-performance miner is an optional client-side setting, not a protocol cut.
clients is 0 because no implementation has had a release in the last 24 months. One miner address found 98.4% of recent blocks, so a single party controls block production. Searches found no 51% attack or reorg, but such an event would not show up later without live monitoring.
Sources: github.com · github.com · chainz.cryptoid.info · chainz.cryptoid.info · en.wikipedia.org. Researched 2026-10-26, medium confidence.
No source we can reach publishes a hashrate for Primecoin.
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.
Primecoin is #236 among cryptocurrencies and #1856 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 1620 places between Primecoin'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).