WEMIX (WEMIX)
WEMIX ranks #70 of 484 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #383: 313 of the 382 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 395 non-native assets CoinSpectrum lists above it by market cap, about 48% are claims on other assets, 45% are tokens, 6% are memecoins and 1% are NFT collections.
| CoinSpectrum Grade | A · 66/100 · provisional |
|---|---|
| Rank among cryptocurrencies | #70 |
| Rank counting claims | #383 |
| Market capitalisation | $59M |
| Price | $0.1172 |
| Circulating supply | 500,457,333 WEMIX |
| Maximum supply | 590,000,000 WEMIX |
| Consensus family | Proof of Stake |
| Consensus mechanism | Staking-based PoS |
| Network purpose | Gaming |
| 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 63 to 69 (A 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 | 8.7 | the supply scale times 0.9, and a point for a fixed cap that holds |
| Supply (21 million scores 10) | 8.6 | fixed maximum supply of 590 million |
| Distribution | 5.4 | average of 3 parts |
| Holder concentration (Source) | – | Not yet measured |
| Active addresses | – | Not yet measured |
| Premine (allocated at launch) | 0.8 | 92.2% of today's supply allocated at launch to founders, a company, a foundation or investors. Wemade issued the original 1B WEMIX itself (2020). The foundation later burned about 435M and Brioche capped supply at 590M. Post-mainnet block rewards go half to the 40 Wemade-selected Node Council Partners (no open minting) and half to foundation funds; the fund half (~43.8M) is now scored as a block-reward cut. Without it: (560.9M - 43.8M) / 560.9M total (CoinGecko, 2026-10-24) = ~92%. source |
| Fundraising (share sold) (Source) | 6.2 | Sold by its issuer or insiders: 38% of supply sold. Wemade sold ~108M WEMIX on the market from Nov 2020 to Nov 2021 (~290B won), and prosecutors allege a further ~300B won sold Feb-Oct 2022 (units undisclosed; ~60-150M at that year's ~2,000-5,000 won prices). 168M-258M / 560,885,841 WEMIX (CoinGecko total, 2026-10-24) = 30.0-46.0%, midpoint 38.0%. No ICO or venture token round found. Wemade sold WEMIX from its holdings to fund investments, and was accused of selling 108M WEMIX (about 227.1B won) in Jan 2022 without disclosure. DAXA delisted it in Dec 2022 (and again in 2025) over misreported circulating supply. source |
| Developer share (after launch) | 9.2 | Developer share: about 7.8% of today's supply received so far; 50% of each new block reward goes to them today. The WEMIX3.0 block reward (Permanent Minting Reward) goes 50% to the 40 Node Council Partners and their WONDER stakers, 25% to the ecosystem fund and 25% to the maintenance fund. A decoded mainnet block header (2026-10-24) shows the two fund addresses taking 25% each of 0.25 WEMIX. Brioche halvings: 1 WEMIX/block to block 53,525,500 (1 Jul 2024), 0.5 to 116,640,700, then 0.25. That is 53.5M + 31.6M + 2.5M = 87.6M minted, of which 50% = 43.8M, or 7.8% of 560.9M total (CoinGecko). source |
| Decentralisation | 4.3 | average of 4 parts |
| Governance (Source) | 10 | No authority can halt the chain or freeze funds: No protocol-level freeze of user WEMIX is documented; authority members are admitted by majority vote of existing members. source |
| No central team (Source) | 0 | A central team directs it: The WEMIX Foundation (Wemade) maintains go-wemix (LGPL-3.0); block producers must sign a legal contract with the Foundation. source |
| Who can mint (Source) | 2 | Gated by registration: producers admitted by name, licence or company registration: an allow list, federation, council or proof of authority |
| Nodes (Source) | 5.3 | 40 active validators or block producers (source: WEMIX3.0) |
| Security | 7.4 | 5.9 of 8 points source |
| Pool diversity (Largest pool 50% 0 to 20% 10, largest three 90% 0 to 50% 10; 2 points) | 10 | largest 7%, largest three 19.4% |
| Network activity (Transactions a day, 250 0, 500,000 or more 10; 2 points) | 5.6 | about 17,856 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 Sep 2026 |
| Open source (Node software) | ✓ | |
| No 51% attack (Nor a deep reorganisation, five years) | ✓ | |
| Scalability | 6.7 | average of 5 parts source |
| Fees ($0.001 or less 10, $1 or more 0) | 10 | typical fee $0.00033 |
| Throughput (2,478 a second, the busiest network's peak day, 10; 121, the median of the ten busiest, 5) | 10 | about 5,000 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 | 6.56 MB limit (converted from its gas, compute, mass or count limit), 3940 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) | ✓ | Blocks every second with immediate finality via etcd (Raft) leader election among authority members, per WEMIX docs. |
| Pruned nodes (Old history dropped, every rule checked · Whitepaper §7) | ✗ | geth-style --gcmode full prunes state but keeps every block. |
| Light clients (Payments verified from headers · Whitepaper §8) | ✗ | No light-client protocol; wallets trust RPC servers. |
| 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 secp256k1 key can hold and send WEMIX; the chain's account and transfer rules 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 | go-wemix (geth fork) relays transactions directly. |
| Programmability | 8.9 | 8 of 9 points source |
| Token issuance (At protocol level) | 2 | ERC-20 contracts on the WEMIX3.0 EVM (a go-ethereum fork, mainnet since October 2022), open to any account. |
| Smart contracts (General-purpose) | 2 | WEMIX3.0, an EVM-compatible public chain (go-ethereum fork), open to any account. |
| Multisig and time locks (Without a third party) | ✓ | Multisig and timelock contracts on the EVM. |
| Atomic swaps (With other chains) | ✓ | EVM HTLC contracts (hash lock plus timelock refund). |
| 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 (WEMIX3.0, DefiLlama). |
| Cross-chain messaging (Verified by the chain itself) | ✗ | No protocol messaging to other chains documented. |
| NFTs (Carried by the chain's rules) | ✓ | ERC-721 contracts on the EVM. |
| Demand | 5.2 | average of 7 measures |
| Exchanges (10 or more: 10) | 10 | 13 exchanges |
| Daily volume ($10K 0, $1B or more 10) | 2.6 | $200,500 traded in 24 hours; #1208 by volume on the exchanges the site reads (scored on the median day of the last 30, $196,026) |
| Turnover (volume ÷ market cap, 5% a day: 10) | 3 | 0.24% of its market cap a day, median of the last 30 days |
| Order-book depth (±2% of the price ÷ market cap, 1%: 10) | 5.6 | $28,425 within 2% of the price on 5 exchanges, 0.05% of its market cap, median of the last 15 days |
| Market cap ($1M 0, $10B or more 10) | 4.4 | $59M, 4.4 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 | 7 | average of 3 criteria |
| Age (years since genesis) (Source) | 6 | 6 full years since 2020-10-29, the first day with a recorded price (genesis not yet researched, so the age can only be understated). |
| Development (work, fixes, vulnerabilities) | 5 | 2 positive, 2 negative, 1 not yet researched source |
| Positive | ||
| Steady work, 6 of 6 | ✓ | 55 commits in 8 of the last 12 months (github.com/wemixarchive/go-wemix); go-wemix w0.10.15, 10 Sep 2026; 6 releases in the last 24 months. |
| Shipped a security fix in two years, +1 | ✓ | go-wemix v0.10.14, Jul 2026: ECIES invalid-curve handling, StatusEx forgery and governance-contract hardening. |
| 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; go-wemix w0.10.15 (the public RPC reports Gwemix v0.10.15) 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; go-wemix w0.10.15 (the public RPC reports Gwemix v0.10.15) lacks the 1.13.15 cap. github.com github.com |
| Not yet researched | ||
| 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.
Proof of Stake coins
Ethereum ETHA+
BNB BNBA
Solana SOLA+
peaq PEAQA
Mina Protocol MINAA
ZetaChain ZETAA
Theta Fuel TFUELAAll 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
500,457,333 of a maximum 590,000,000 WEMIX are in circulation — 84.8% of the total that will ever exist.
Launch and allocation
| Premine (allocated at launch) | 92.2% of today's supply |
|---|---|
| Sold by the issuer or insiders | 38% of today's supply |
| Developer share received since launch | 7.8% of today's supply |
| Developer share of new coins today | 50% |
| Nodes or validators | 40 |
| Fundraising | Public sale |
Wemade issued the original 1B WEMIX itself (2020). The foundation later burned about 435M and Brioche capped supply at 590M. Post-mainnet block rewards go half to the 40 Wemade-selected Node Council Partners (no open minting) and half to foundation funds; the fund half (~43.8M) is now scored as a block-reward cut. Without it: (560.9M - 43.8M) / 560.9M total (CoinGecko, 2026-10-24) = ~92%.
No ICO or venture token round found. Wemade sold WEMIX from its holdings to fund investments, and was accused of selling 108M WEMIX (about 227.1B won) in Jan 2022 without disclosure. DAXA delisted it in Dec 2022 (and again in 2025) over misreported circulating supply.
Wemade sold ~108M WEMIX on the market from Nov 2020 to Nov 2021 (~290B won), and prosecutors allege a further ~300B won sold Feb-Oct 2022 (units undisclosed; ~60-150M at that year's ~2,000-5,000 won prices). 168M-258M / 560,885,841 WEMIX (CoinGecko total, 2026-10-24) = 30.0-46.0%, midpoint 38.0%.
The WEMIX3.0 block reward (Permanent Minting Reward) goes 50% to the 40 Node Council Partners and their WONDER stakers, 25% to the ecosystem fund and 25% to the maintenance fund. A decoded mainnet block header (2026-10-24) shows the two fund addresses taking 25% each of 0.25 WEMIX. Brioche halvings: 1 WEMIX/block to block 53,525,500 (1 Jul 2024), 0.5 to 116,640,700, then 0.25. That is 53.5M + 31.6M + 2.5M = 87.6M minted, of which 50% = 43.8M, or 7.8% of 560.9M total (CoinGecko).
Sources: koreajoongangdaily.com · kedglobal.com · view.asiae.co.kr · github.com · api.wemix.com · business.dptribune.com. Researched 2026-10-24, 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 WEMIX
WEMIX is #70 among cryptocurrencies and #383 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 313 places between WEMIX'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).