Taraxa (TARA)
Taraxa ranks #296 of 484 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #3037: 2741 of the 3036 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 3364 non-native assets CoinSpectrum lists above it by market cap, about 62% are tokens, 34% are claims on other assets, 3% are memecoins and 1% are NFT collections.
| CoinSpectrum Grade | pending — launch under review |
|---|---|
| Rank among cryptocurrencies | #296 |
| Rank counting claims | #3037 |
| Market capitalisation | $89,891 |
| Price | $0.0000147 |
| Circulating supply | 6,108,240,010 TARA |
| Maximum supply | 12,000,000,000 TARA |
| Consensus family | Proof of Stake |
| Consensus mechanism | Block DAG + PBFT finality (DPoS, VRF) |
| Network purpose | Smart-contract platform |
| Ledger type | Single-asset ledger |
Market figures from the 10 November 2026 build. Open the live view for every exchange's price, and charts.
CoinSpectrum Grade (Source)
Grade pending. Taraxa's launch — how much went to insiders, whether it was sold to investors — is still being researched. 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 | 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 | 7.5 | the supply scale times 0.9, and a point for a fixed cap that holds |
| Supply (21 million scores 10) | 7.2 | fixed maximum supply of 12 billion |
| Distribution | — | not yet measured |
| Holder concentration (Source) | – | Not yet measured |
| Active addresses | – | Not yet measured |
| Premine (allocated at launch) | – | Launch not yet researched |
| Fundraising (share sold) (Source) | – | Launch not yet researched |
| Developer share (after launch) | – | Not yet researched |
| Decentralisation | — | too few measures yet |
| Governance (Source) | – | Not yet researched |
| No central team (Source) | – | Not yet researched |
| Who can mint (Source) | 4 | Gated by election: a delegated set voted in by holders produces blocks |
| Nodes (Source) | – | Not yet counted |
| Security | — | 0.1 of 1 points, 7 not yet measured |
| Pool diversity (Largest pool 50% 0 to 20% 10, largest three 90% 0 to 50% 10; 2 points) | – | |
| Network activity (Transactions a day, 250 0, 500,000 or more 10; 2 points) | – | |
| 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) | – | |
| Open source (Node software) | – | |
| No 51% attack (Nor a deep reorganisation, five years) | – | |
| Scalability | — | too few measures yet source |
| Fees ($0.001 or less 10, $1 or more 0) | – | not yet measured |
| Throughput (2,478 a second, the busiest network's peak day, 10; 121, the median of the ten busiest, 5) | – | not yet measured |
| Block time (10 minutes 10, less either side) | – | not yet measured |
| Block space per 10 minutes (24 MB or more 10: the ten busiest networks' median demand, 16.4 MB, and half again for growth) | – | not yet measured |
| 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) | – | |
| Pruned nodes (Old history dropped, every rule checked · Whitepaper §7) | ✓ | taraxa-node --light (light plugin) keeps only a configured recent history (light.history, minimum set by kDefaultLightNodeHistoryDays). |
| Light clients (Payments verified from headers · Whitepaper §8) | ✗ | Its 'light node' is a history-limited full node, not a header-verifying light client; wallets use RPC. |
| Privacy | 7 | 7 of 10: whitepaper privacy 7 of 7, extra features 0 of 3, 2 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) | – | |
| HD addresses (A new address for each payment, unlinked · Whitepaper §10) | – | |
| Hidden amounts (Amounts confidential) | 0 | Account-based EVM transfers; amounts are public. |
| Hidden parties (Sender and receiver hidden) | 0 | Plain account addresses; sender and receiver are public. |
| Network privacy (Origin hidden by default) | 0 | taraxa-node gossips transactions without origin hiding. |
| Programmability | 8.9 | 8 of 9 points source |
| Token issuance (At protocol level) | 2 | ERC-20 contracts on Taraxa's EVM, live since the April 2023 mainnet and open to any account. |
| Smart contracts (General-purpose) | 2 | EVM integrated into Taraxa's block DAG, live since the April 2023 mainnet; on 2026-10-28 its registered RPC host did not resolve and the project page asked validators to upgrade so the network could recover. |
| Multisig and time locks (Without a third party) | ✓ | m-of-n multisig and time-lock contracts (Safe-style wallets, timelock controllers) run on its EVM like on Ethereum. |
| Atomic swaps (With other chains) | ✓ | Hash-time-locked contracts are expressible in Solidity on its EVM, as in EVM HTLC swap implementations. |
| Native DEX (Trades the coin itself, not a claim) | ✓ | Traded as itself, not as a wrapped token or a claim: its own chain's DEXes (Taraxa, DefiLlama). |
| Cross-chain messaging (Verified by the chain itself) | ✗ | No protocol-level cross-chain messaging confirmed; the project describes cross-chain bridging as infrastructure still being rounded out. |
| NFTs (Carried by the chain's rules) | ✓ | ERC-721 contracts run on its EVM. |
| Demand | 2.6 | average of 7 measures |
| Exchanges (10 or more: 10) | 1 | 1 exchange |
| Daily volume ($10K 0, $1B or more 10) | 1.5 | $75,299 traded in 24 hours; #1888 by volume on the exchanges the site reads (scored on the median day of the last 30, $54,706) |
| Turnover (volume ÷ market cap, 5% a day: 10) | 5 | 44% of its market cap a day, median of the last 30 days |
| Order-book depth (±2% of the price ÷ market cap, 1%: 10) | 0 | $0 within 2% of the price on 1 exchange, 0.00% of its market cap, median of the last 15 days |
| Market cap ($1M 0, $10B or more 10) | 0 | $90K, 0 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 | average of 3 criteria |
| Age (years since genesis) (Source) | 5 | 5 full years since 2021-03-22, the first day with a recorded price (genesis not yet researched, so the age can only be understated). |
| Development (work, fixes, vulnerabilities) | 3 | 3 positive, 0 negative source |
| Positive | ||
| Shipped a security fix in two years, +1 | ✓ | taraxa-node v1.13.x (2025): consensus fixes, including leader selection (v1.13.5, Sep 2025) and a vote-counting race (v1.13.7, Dec 2025); v1.13.0 Soleirolia hard fork (block 17,380,000, Apr 2025) fixed DAG validation. |
| Shipped a scaling upgrade in two years, +1 | ✓ | taraxa-node v1.14.0 'dynamic lambda' hard fork at block 24,350,801 (Jan 2026): PBFT finalization time cut from ~3.5 s to ~1.5 s. |
| Shipped a new capability for users in two years, +1 | ✓ | taraxa-node v1.14.0 hard fork (Jan 2026): EIP-7951 (secp256r1 verification) and a Falcon-512 post-quantum signature verifier in the EVM. |
| Conduct (origin, claims, halts) | — | Not yet reviewed |
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+
Velas VLX
BitSong BTSG
Karura KAR
MotaCoin MOTAAll 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
6,108,240,010 of a maximum 12,000,000,000 TARA are in circulation — 50.9% of the total that will ever exist.
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 Taraxa
Taraxa is #296 among cryptocurrencies and #3037 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 2741 places between Taraxa'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).