Provenance Blockchain ranks #40 of 484 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #113: 73 of the 112 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 99 non-native assets CoinSpectrum lists above it by market cap, about 57% are claims on other assets, 37% are tokens, 5% are memecoins and 1% are NFT collections.
| CoinSpectrum Grade | B · 60/100 · provisional, B to A |
|---|---|
| Rank among cryptocurrencies | #40 |
| Rank counting claims | #113 |
| Market capitalisation | $438M · a day's trading is 0.008% of it: a quoted figure, not one holders could sell into |
| Price | $0.00730 |
| Circulating supply | 60,048,483,261 HASH |
| Maximum supply | 100,000,000,000 HASH |
| Consensus family | Proof of Stake |
| Consensus mechanism | Tendermint (CometBFT) |
| Network purpose | Financial ledger |
| Ledger type | Multi-asset ledger |
Market figures from the 10 November 2026 build. Open the live view for every exchange's price, and charts.
B — 60 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 56 to 64 (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 | 5 | the supply scale times 0.9, and a point for a fixed cap that holds |
| Supply (21 million scores 10) | 5.6 | fixed maximum supply of 100 billion |
| Distribution | 5 | average of 2 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 supply of 100B HASH was created at genesis by Figure / Provenance Blockchain Inc. and can be neither minted nor burned (no inflation); Figure retained about 71%. Total supply is 100B. source |
| Fundraising (share sold) (Source) | – | Sold by its issuer or insiders: share sold not yet researched. Not established. Provenance Blockchain Inc. sold HASH in a $20M Reg D security token offering (Apr 2019), but the units and price were not disclosed. The published allocation lumps buyers into 'Investors & Strategic Partners' at 28% (28B of 100B), which is only an upper bound. Figure's S-1 filings do not quantify HASH sales. In April 2019 Provenance Blockchain Inc. completed a $20M security token offering of HASH as a Reg D private placement to blockchain and traditional tech investors (Dechert advised Figure). source |
| Developer share (after launch) | 10 | No developer share: every new coin goes to the miners or validators who produce blocks. No issuance: the 100B HASH supply was fixed at genesis with no inflation, so there is no new issuance to cut. source |
| Decentralisation | 5.3 | average of 4 parts |
| Governance (Source) | 10 | No authority can halt the chain or freeze funds: Restricted markers let issuers force-transfer their own assets, but the native HASH coin has no freeze or clawback authority. source |
| No central team (Source) | 0 | A central team directs it: Provenance was built by Figure Technologies, and its node software is maintained in the provenance-io repository under the Provenance Blockchain Foundation, with Figure as the dominant contributor. source |
| Who can mint (Source) | 5 | Gated by stake rank: only a capped set of the largest stakes produces blocks |
| Nodes (Source) | 6 | 64 active validators or block producers (source: Provenance) |
| Security | 7.1 | 5.7 of 8 points source |
| Pool diversity (Largest pool 50% 0 to 20% 10, largest three 90% 0 to 50% 10; 2 points) | 10 | largest 5.89%, largest three 17.31% |
| Network activity (Transactions a day, 250 0, 500,000 or more 10; 2 points) | 4.4 | about 6,951 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 | 6.1 | average of 5 parts source |
| Fees ($0.001 or less 10, $1 or more 0) | 2.7 | typical fee $0.15 |
| Throughput (2,478 a second, the busiest network's peak day, 10; 121, the median of the ten busiest, 5) | 5.6 | about 170 simple transactions a second |
| Block time (10 minutes 10, less either side) | 2.3 | a block every 4.34 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 | 5.24 MB limit, 725 MB per 10 minutes |
| Features (3 checks) | 10 | 3 of 3 passed |
| Fast payments (Safe to accept within seconds · Whitepaper abstract, §1, §2 and §11) | ✓ | CometBFT gives single-block deterministic finality and blocks average about 4.3 s. |
| Pruned nodes (Old history dropped, every rule checked · Whitepaper §7) | ✓ | Cosmos SDK pruning strategies plus min-retain-blocks. |
| Light clients (Payments verified from headers · Whitepaper §8) | ✓ | CometBFT light client verifies headers from validator signatures. |
| 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 key can hold and send HASH; the Cosmos SDK bank and auth modules 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 | CometBFT mempool gossip relays transactions directly. |
| Programmability | 10 | 9 of 9 points source |
| Token issuance (At protocol level) | 2 | Marker module: any account can create a marker (native coin) with MsgAddMarkerRequest if the denom matches the unrestricted-denom pattern; governance can create others. |
| Smart contracts (General-purpose) | 2 | CosmWasm with code upload and instantiation open to everybody (Provenance v1.31), 61 code IDs on mainnet. |
| Multisig and time locks (Without a third party) | ✓ | Native Cosmos SDK multisig accounts plus CosmWasm contracts for time-locked release. |
| Atomic swaps (With other chains) | ✓ | CosmWasm contracts can hold funds against a hash preimage with a timeout refund (HTLC). |
| Native DEX (Trades the coin itself, not a claim) | ✓ | Traded as itself, not as a wrapped token or a claim: an exchange in its own protocol (The x/exchange module trades on-chain assets in markets defined in the chain (e.g. market 1, Figure Markets Exchange), settling directly between accounts); its own chain's DEXes (Provenance, DefiLlama). |
| Cross-chain messaging (Verified by the chain itself) | ✓ | IBC (ibc-go v10) transfer channels. |
| NFTs (Carried by the chain's rules) | ✓ | CW-721 contracts on the open CosmWasm (alongside metadata scopes for records). |
| Demand | 2.1 | average of 5 measures |
| Exchanges (10 or more: 10) | 2 | 2 exchanges |
| Daily volume ($10K 0, $1B or more 10) | 1.1 | $34,060 traded in 24 hours; #2012 by volume |
| Turnover (volume ÷ market cap, 5% a day: 10) | 0 | 0.01% of its market cap a day |
| 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) | 6.6 | $438M, 6.6 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 | 7 | average of 3 criteria |
| Age (years since genesis) (Source) | 4 | 4 full years since 2022-05-04, the first day with a recorded price (genesis not yet researched, so the age can only be understated). |
| Development (work, fixes, vulnerabilities) | 7 | 2 positive, 0 negative, 2 not yet researched source |
| Positive | ||
| Steady work, 6 of 6 | ✓ | 328 commits in 12 of the last 12 months (github.com/provenance-io/provenance); provenanced v1.31.0, released 2026-10-02. |
| Shipped a security fix in two years, +1 | ✓ | Provenance v1.25.1, 14 Oct 2025: fixed ASA-2025-003; v1.27.2, 23 Jan 2026: CometBFT 'Tachyon' fix. |
| Not yet researched | ||
| 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.
60,048,483,261 of a maximum 100,000,000,000 HASH are in circulation — 60.0% of the total that will ever exist.
| 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% |
| Nodes or validators | 64 |
| Fundraising | Private or venture funding |
The fixed supply of 100B HASH was created at genesis by Figure / Provenance Blockchain Inc. and can be neither minted nor burned (no inflation); Figure retained about 71%. Total supply is 100B.
In April 2019 Provenance Blockchain Inc. completed a $20M security token offering of HASH as a Reg D private placement to blockchain and traditional tech investors (Dechert advised Figure).
Not established. Provenance Blockchain Inc. sold HASH in a $20M Reg D security token offering (Apr 2019), but the units and price were not disclosed. The published allocation lumps buyers into 'Investors & Strategic Partners' at 28% (28B of 100B), which is only an upper bound. Figure's S-1 filings do not quantify HASH sales.
No issuance: the 100B HASH supply was fixed at genesis with no inflation, so there is no new issuance to cut.
Sources: dechert.com · docs.provenance.io · sec.gov · docs.provenance.io · provenance.io · pulse2.com. Researched 2026-10-24, low confidence.
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.
Provenance Blockchain is #40 among cryptocurrencies and #113 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 73 places between Provenance Blockchain'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).