Verus (VRSC)
Verus ranks #127 of 484 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #941: 814 of the 940 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 967 non-native assets CoinSpectrum lists above it by market cap, about 56% are tokens, 35% are claims on other assets, 9% are memecoins and 1% are NFT collections.
| CoinSpectrum Grade | pending — launch under review |
|---|---|
| Rank among cryptocurrencies | #127 |
| Rank counting claims | #941 |
| Market capitalisation | $16M · a day's trading is 0.001% of it: a quoted figure, not one holders could sell into |
| Price | $0.1930 |
| Circulating supply | 81,061,111 VRSC |
| Maximum supply | 83,540,184 VRSC |
| Consensus family | Hybrid |
| Consensus mechanism | VerusHash PoW + PoS (50/50) |
| Own hashrate | — |
| Ledger type | Multi-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.
CoinSpectrum Grade (Source)
Grade pending. Fewer than six of Verus's nine network-security points are measured yet. 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 | 4.5 | average of 2 criteria |
| By leader (its largest chain's market cap) (Source) | 4.5 | Hybrid: 4.5 of 10 on the ladder of consensus families ranked by their largest chain's market cap |
| By family (all its chains' market cap) (Source) | 4.5 | Hybrid: 4.5 of 10 on the ladder of families ranked by the combined market cap of their chains |
| Supply | 9.5 | the supply scale times 0.9, and a point for a fixed cap that holds |
| Supply (21 million scores 10) | 9.4 | fixed maximum supply of 83.5 million |
| 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. No pre-allocation on mainnet: the hard-coded VRSC currency definition has no preallocations (only the testnet has one) and three reward eras, starting at 0 and ramping linearly to 384 VRSC over the first 10,080 blocks, then 384 VRSC halving every 43,200 blocks to block 226,080, then 24 VRSC halving every 1,051,920 blocks. Launched May 2018; the project states 'No ICO, premine, or dev fees'. 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. No cut: each block's reward goes to the block producer, about half of blocks by VerusHash miners and half by stakers (VerusPoS 50); no developer or foundation share. source |
| Decentralisation | 9.3 | average of 3 parts |
| Governance (Source) | 10 | No authority can halt the chain or freeze funds: No party can freeze or claw back VRSC. source |
| No central team (Source) | 10 | No central team: The VerusCoin daemon (MIT) is developed by a volunteer core team around Mike Toutonghi, with no premine, foundation or company behind it. source |
| Who can mint (Source) | 8 | Open, with a stake vote: anyone can mine, and stakeholders vote on the blocks |
| Nodes (Source) | – | Not yet counted |
| Security | — | 2.7 of 3 points, 5 not yet measured source |
| 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) | – | |
| 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 Sep 2026 |
| Open source (Node software) | ✓ | |
| No 51% attack (Nor a deep reorganisation, five years) | ✓ | |
| Scalability | 7.6 | average of 5 parts source |
| Fees ($0.001 or less 10, $1 or more 0) | 10 | typical fee $0.000016 |
| Throughput (2,478 a second, the busiest network's peak day, 10; 121, the median of the ten busiest, 5) | 5.3 | about 147.5 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) | 6.7 | 2 of 3 passed |
| Fast payments (Safe to accept within seconds · Whitepaper abstract, §1, §2 and §11) | ✓ | The Zcash/Komodo-derived daemon relays the first-seen transaction and has no replace-by-fee, which meets the first-seen rule; blocks come about every minute. |
| Pruned nodes (Old history dropped, every rule checked · Whitepaper §7) | ✓ | Verus daemon (zcashd/Bitcoin 0.11 lineage): -prune deletes old blocks and keeps the UTXO set (wallet disabled). |
| Light clients (Payments verified from headers · Whitepaper §8) | ✗ | Verus v1.2.18: no SPV or light-client proof protocol for the chain; mobile wallets use servers. |
| 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 | Verus's Bitcoin-derived node (VerusCoin/VerusCoin) has no identity rule: anyone generates keys and receives and sends the coin. |
| 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 | Verus (Zcash Sapling, since launch 2018): shielded z-transactions hide amounts. Optional: 5 of 10. |
| Hidden parties (Sender and receiver hidden) | 5 | Verus (Zcash Sapling): shielded spends hide the sender and z-addresses the receiver. Optional: 5 of 10. |
| Network privacy (Origin hidden by default) | 0 | Verus v1.2.18 (Sep 2026): no Dandelion; Tor only via optional -onion/-listenonion settings. |
| Programmability | 8.9 | 8 of 9 points source |
| Token issuance (At protocol level) | 2 | Verus PBaaS currencies and tokens, validated by every node: anyone with a VerusID can define a token or basket currency for 200 VRSC, live on mainnet since the 2023 PBaaS upgrade. |
| Smart contracts (Scripting for spending conditions) | 1 | Verus: Bitcoin Script plus CryptoConditions for fixed protocol features (IDs, currencies, conversions); no general-purpose contract VM. |
| Multisig and time locks (Without a third party) | ✓ | Verus: VerusID m-of-n primary addresses (minimumsignatures) and vault time locks (unlockAfter), plus consensus-enforced CHECKLOCKTIMEVERIFY. |
| Atomic swaps (With other chains) | ✓ | Verus: CHECKLOCKTIMEVERIFY in the block-validation flags makes HTLCs expressible; on-chain makeoffer/takeoffer swaps also exist. |
| 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 (Verus: basket currencies act as consensus-enforced market makers, with all conversions in a block settled at one price, live since the 2023 PBaaS mainnet activation); Komodo DeFi; its own chain's DEXes (Verus, DefiLlama). |
| Cross-chain messaging (Verified by the chain itself) | ✓ | Verus Internet Protocol: exports to PBaaS chains and the Ethereum bridge move only after notarizations proven by Verus validators (bridge exploited in July 2026 via a notarization parsing mismatch). |
| NFTs (Carried by the chain's rules) | ✓ | Verus: tokenized ID control tokens and single-unit currencies act as NFTs validated by consensus. |
| Demand | 2.5 | average of 6 measures |
| Exchanges (10 or more: 10) | 1 | 1 exchange |
| Daily volume ($10K 0, $1B or more 10) | 0 | $109 traded in 24 hours; #4124 by volume on the exchanges the site reads (scored on the median day of the last 15, $29) |
| Turnover (volume ÷ market cap, 5% a day: 10) | 0 | 0.00% of its market cap a day, median of the last 7 days |
| 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) | 3 | $16M, 3 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 | 7.7 | average of 3 criteria |
| Age (years since genesis) (Source) | 6 | 6 full years since 2020-06-12, the first day with a recorded price (genesis not yet researched, so the age can only be understated). |
| Development (work, fixes, vulnerabilities) | 7 | 4 positive, 2 negative source |
| Positive | ||
| Steady work, 6 of 6 | ✓ | 171 commits in 10 of the last 12 months (github.com/VerusCoin/VerusCoin); Verus v1.2.18 released 2026-09-17. |
| Shipped a security fix in two years, +1 | ✓ | Verus v1.2.16-1, May 2025: patched CVE-2024-52911 (crash from maliciously crafted blocks); v1.2.17-2 (Jul 2026) fixed a cross-chain exploit and v1.2.18 (Sep 2026) hardened PBaaS consensus validation. |
| Shipped a scaling upgrade in two years, +1 | ✓ | Verus v1.2.14, 8 Jan 2025: reduced the minimum Verus-to-Ethereum bridge crossing cost to about a quarter; no change to block size or the native transfer fee. |
| Shipped a new capability for users in two years, +1 | ✓ | Verus v1.2.13, Dec 2024: added the vdxftag parameter to sendcurrency outputs; v1.2.17 (Jul 2026) added a new block solution version with restitution-credit and usage currencies after the bridge exploit. |
| 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 can exhaust CPU and memory; still in Verus v1.2.18. bitcoincore.org github.com github.com |
| Unfixed vulnerability, disclosed 2024-09-18, −1 | ✗ | CVE-2019-25220: a long low-difficulty header chain can exhaust memory because the node has no headers pre-synchronisation; still in Verus v1.2.18. bitcoincore.org 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.
Hybrid coins
Conflux 
Decred 
Zano 
Xphere 
Core 
Elastos 
Peercoin 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
81,061,111 of a maximum 83,540,184 VRSC are in circulation — 97.0% of the total that will ever exist.
Launch and allocation
| 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 |
No pre-allocation on mainnet: the hard-coded VRSC currency definition has no preallocations (only the testnet has one) and three reward eras, starting at 0 and ramping linearly to 384 VRSC over the first 10,080 blocks, then 384 VRSC halving every 43,200 blocks to block 226,080, then 24 VRSC halving every 1,051,920 blocks. Launched May 2018; the project states 'No ICO, premine, or dev fees'.
No ICO, premine or dev fee; development funded by community donations (verus.io).
No sale of any kind: no ICO, presale or investor round.
No cut: each block's reward goes to the block producer, about half of blocks by VerusHash miners and half by stakers (VerusPoS 50); no developer or foundation share.
No public node crawler with a count was found. The zero-reward ramp over the first 10,080 blocks was designed to prevent an instamine.
Sources: github.com · github.com · verus.io. Researched 2026-10-26, high confidence.
The work behind it
No source we can reach publishes a hashrate for Verus.
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 Verus
Verus is #127 among cryptocurrencies and #941 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 814 places between Verus'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).