Xertra (STRAX)
Xertra ranks #118 of 484 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #818: 700 of the 817 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 831 non-native assets CoinSpectrum lists above it by market cap, about 55% are tokens, 36% are claims on other assets, 9% are memecoins and 1% are NFT collections.
| CoinSpectrum Grade | A · 67/100 · provisional, B to A |
|---|---|
| Rank among cryptocurrencies | #118 |
| Rank counting claims | #818 |
| Market capitalisation | $19M |
| Price | $0.00872 |
| Circulating supply | 2,225,762,838 STRAX |
| Maximum supply | no fixed cap |
| Consensus family | Proof of Stake |
| Consensus mechanism | PoS (StratisEVM) |
| 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 — 67 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 60 to 71 (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 | 7.2 | the supply scale times 0.9, and a point for a fixed cap that holds |
| Supply (21 million scores 10) | 8 | no fixed maximum; 2.23 billion in circulation |
| Distribution | 6.9 | average of 3 parts |
| Holder concentration (Source) | – | Not yet measured |
| Active addresses | – | Not yet measured |
| Premine (allocated at launch) | 4.5 | 55.4% of today's supply allocated at launch to founders, a company, a foundation or investors. Counted in old-STRAX units, then multiplied by 10 for the 2024 1:10 swap. The 2016 genesis premine was 98M STRAT: 84M ICO, 8M team, 2M advisors and partners, 4M bounties. The 2020 STRAT→STRAX transition minted another 25M: 8.125M Stratis Foundation, 6.375M network incentives, 5.5M enterprise incentives, 5M Stratis DAO. That is 123M old = 1.23B new STRAX, against 2,219,823,618 current total (CoinGecko, 2026-10-23). source |
| Fundraising (share sold) (Source) | 6.2 | Sold by its issuer or insiders: 37.8% of supply sold. Public ICO ending July 2016 raised 915 BTC (about $600,000 then) for 84M STRAT. No separate private round was found. source |
| Developer share (after launch) | 10 | No developer share: every new coin goes to the miners or validators who produce blocks. No developer or foundation share of block rewards was found. On the 2020-2024 Strax chain, the 18 STRAX block reward was split 9 to the staker and 9 to Cirrus sidechain masternodes, which are block-producing node operators, not a cut. Since StratisEVM (March 2024), rewards go to PoS validators. The 2020 mints for the Foundation and DAO were one-off discretionary mints, counted as premine. source |
| Decentralisation | 5.7 | average of 3 parts |
| Governance (Source) | 10 | No authority can halt the chain or freeze funds: No protocol-level freeze or blacklist of ordinary balances. source |
| No central team (Source) | 0 | A central team directs it: StratisEVM's execution and consensus clients are forks of go-ethereum and Prysm maintained by Stratis (now Xertra). source |
| Who can mint (Source) | 7 | Gated by stake: any holder with enough stake can validate: access bought with coins |
| Nodes (Source) | – | Not yet counted |
| Security | 4.9 | 2.9 of 6 points, 2 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) | 1.2 | about 637 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) | 6 | one client, latest version May 2025, within 24 months |
| Open source (Node software) | ✓ | |
| No 51% attack (Nor a deep reorganisation, five years) | ✓ | |
| Scalability | 6.4 | average of 5 parts source |
| Fees ($0.001 or less 10, $1 or more 0) | 10 | typical fee $0.0000022 |
| Throughput (2,478 a second, the busiest network's peak day, 10; 121, the median of the ten busiest, 5) | 4.5 | about 90 simple transactions a second |
| Block time (10 minutes 10, less either side) | 4.4 | a block every 16.2 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 | 1.88 MB limit (converted from its gas, compute, mass or count limit), 69.4 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) | ✗ | An Ethereum-style beacon chain with 16-second slots; finality takes two epochs, several minutes. |
| Pruned nodes (Old history dropped, every rule checked · Whitepaper §7) | ✗ | go-stratis (go-ethereum 1.14.7 base) predates geth history pruning, so it prunes state only and keeps every block. |
| Light clients (Payments verified from headers · Whitepaper §8) | ✓ | Ethereum-style beacon chain with sync committees, which consensus light clients verify without trusting a server. |
| 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 STRAX; 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 | Public EVM ledger. |
| Hidden parties (Sender and receiver hidden) | 0 | Accounts are public. |
| Network privacy (Origin hidden by default) | 0 | go-stratis is a go-ethereum fork with standard devp2p gossip. |
| Programmability | 7.8 | 7 of 9 points source |
| Token issuance (At protocol level) | 2 | ERC-20 contracts on StratisEVM (mainnet since 2024), open to any account. |
| Smart contracts (General-purpose) | 2 | StratisEVM (chain ID 105105), which replaced the legacy architecture in March 2024 and was renamed Xertra. |
| Multisig and time locks (Without a third party) | ✓ | Multisig and time-lock contracts on its EVM. |
| Atomic swaps (With other chains) | ✓ | Solidity HTLCs can be deployed on its EVM. |
| 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 protocol-level cross-chain messaging documented. |
| NFTs (Carried by the chain's rules) | ✓ | ERC-721 contracts run by its EVM. |
| Demand | 6.4 | average of 7 measures |
| Exchanges (10 or more: 10) | 8 | 8 exchanges |
| Daily volume ($10K 0, $1B or more 10) | 4.4 | $1,083,602 traded in 24 hours; #511 by volume on the exchanges the site reads (scored on the median day of the last 30, $1,507,879) |
| Turnover (volume ÷ market cap, 5% a day: 10) | 9.4 | 6.4% of its market cap a day, median of the last 30 days |
| Order-book depth (±2% of the price ÷ market cap, 1%: 10) | 9.1 | $103,317 within 2% of the price on 4 exchanges, 0.53% of its market cap, median of the last 15 days |
| Market cap ($1M 0, $10B or more 10) | 3.2 | $19M, 3.2 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 | 8.7 | average of 3 criteria |
| Age (years since genesis) (Source) | 10 | 10 full years since 2016-08-12, the first day with a recorded price (genesis not yet researched, so the age can only be understated). |
| Development (work, fixes, vulnerabilities) | 6 | 2 positive, 1 negative source |
| Positive | ||
| Steady work, 6 of 6 | ✓ | 0 commits in 0 of the last 12 months (github.com/stratisproject/go-stratis); go-stratis 1.1.2, released 2025-05-13 (1.1.0 and 1.1.1 in Feb 2025); no release since. |
| Shipped a security fix in two years, +1 | ✓ | go-stratis 1.1.1, Feb 2025: fixed CVE-2025-24883 (secp256k1 IsOnCurve check). |
| Negative | ||
| Unfixed vulnerability, disclosed 2026-01-13, −1 | ✗ | go-ethereum GHSA-mr7q-c9w9-wh4h (CVE-2026-22862, High) lets a crafted p2p message crash the node with a too-short ECIES ciphertext; go-stratis 1.1.2 (geth 1.14.7 base; the public RPC reports Geth v1.14.7) lacks the 1.16.8 length check. github.com github.com |
| Unsourced, not counted | ||
| Unfixed vulnerability, disclosed 2026-02-17 (unsourced, not counted) | – | go-ethereum GHSA-2gjw-fg97-vg3r (CVE-2026-26314, High) lets a crafted p2p message crash the node through unchecked secp256k1 point coordinates; go-stratis 1.1.2 (geth 1.14.7 base; the public RPC reports Geth v1.14.7) lacks the 1.16.9 coordinate check. |
| 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+
Ardor ARDRB
MANTRA MANTRAA
Waves WAVESA
Bityuan BTYAll 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
2,225,762,838 STRAX are in circulation, against no fixed cap — issuance has no defined end.
Launch and allocation
| Premine (allocated at launch) | 55.4% of today's supply |
|---|---|
| Sold by the issuer or insiders | 37.8% of today's supply |
| Developer share received since launch | 0% of today's supply |
| Developer share of new coins today | 0% |
| Fundraising | Public sale |
Counted in old-STRAX units, then multiplied by 10 for the 2024 1:10 swap. The 2016 genesis premine was 98M STRAT: 84M ICO, 8M team, 2M advisors and partners, 4M bounties. The 2020 STRAT→STRAX transition minted another 25M: 8.125M Stratis Foundation, 6.375M network incentives, 5.5M enterprise incentives, 5M Stratis DAO. That is 123M old = 1.23B new STRAX, against 2,219,823,618 current total (CoinGecko, 2026-10-23).
Public ICO ending July 2016 raised 915 BTC (about $600,000 then) for 84M STRAT. No separate private round was found.
No developer or foundation share of block rewards was found. On the 2020-2024 Strax chain, the 18 STRAX block reward was split 9 to the staker and 9 to Cirrus sidechain masternodes, which are block-producing node operators, not a cut. Since StratisEVM (March 2024), rewards go to PoS validators. The 2020 mints for the Foundation and DAO were one-off discretionary mints, counted as premine.
The site has no label yet. The 2016 ICO split and the 2020 25M mint come from CoinMarketCap's project text, not a Stratis primary document. The 6.375M 'network incentivization' tranche is counted as a discretionary mint; it may have been paid to stakers. Without it the figure is 52.5%. Whether the 2024 StratisEVM genesis added anything beyond the 1:10 conversion was not established.
Sources: publish0x.com · securities.io · coinmarketcap.com · bitvavo.com · kucoin.com · coinmarketcap.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 Xertra
Xertra is #118 among cryptocurrencies and #818 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 700 places between Xertra'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).