The CoinDesk 20

The CoinDesk 20 filters from the larger universe of thousands of cryptocurrencies and digital assets to define a core group of 20. These assets constitute roughly 99% of the market by volume at eight of the largest and most trustworthy exchanges. Our research-driven methodology selects and ranks the top 20 assets based on verifiable dollar volume and exchange listings. The goal is to move beyond one-dimensional rankings to identify digital assets that matter most to the market. Our research team reviews and revises the list quarterly.

Here you can hover over the asset to learn more about:

Category: Broad categories, assigned by CoinDesk, based on the asset's intended use

Value Proposition: A phrase used by proponents to explain why the asset might be valuable

Consensus Mechanism: The category of decentralized governance system maintaining the asset

$0$10.00B$20.00B$30.00B$40.00B$50.00B$60.00B$213.04B
Price scale
Asset
Price
Market Cap
Total Exchange Volume
Returns (24h)
Total Supply
Category
Value Proposition
Consensus Mechanism
01
BitcoinBTC
$11,505.22
$213.04B
$20.59B
0.97%
18.52M
Currency
Digital gold
PoW
02
EthereumETH
$377.69
$42.68B
$5.84B
0.36%
113.01M
Software platform
Global computer
PoW
03
XRPXRP
$0.246025
$24.60B
$1.26B
1.1%
99.99B
Currency
Payments
Custom
04
TetherUSDT
$1.00
$16.08B
$30.31B
0.08%
16.07B
Stablecoin
Digital fiat
n/a
05
ChainlinkLINK
$10.75
$10.75B
$635.17M
1.23%
1.00B
Application token
Oracle network
n/a
06
StellarXLM
$0.074080
$7.81B
$102.23M
0.57%
105.44B
Currency
Payments
Custom
07
Bitcoin CashBCH
$261.73
$4.85B
$2.85B
2.36%
18.54M
Currency
Internet money
PoW
08
LitecoinLTC
$49.53
$3.28B
$2.06B
0.28%
66.12M
Currency
Digital gold
PoW
09
Bitcoin SVBSV
$169.37
$3.14B
$739.76M
1.16%
18.54M
Currency
Internet money
PoW
10
USD CoinUSDC
$1.00
$2.76B
$416.97M
0.05%
2.75B
Stablecoin
Digital fiat
n/a
11
EOSEOS
$2.60
$2.46B
$1.27B
0.06%
945.51M
Software platform
Global computer
dPoS
12
MoneroXMR
$130.29
$2.31B
$283.97M
2.01%
17.73M
Currency
Privacy coin
PoW
13
TronTRX
$0.026542
$1.90B
$702.74M
0.43%
71.66B
Software platform
Global computer
dPoS
14
TezosXTZ
$2.24
$1.82B
$83.52M
1.49%
813.58M
Software platform
Governance network
PoS
15
ZcashZEC
$68.22
$699.45M
$539.49M
0.02%
10.25M
Currency
Privacy coin
PoW
16
DashDASH
$69.32
$676.47M
$307.65M
0.86%
9.76M
Currency
Privacy coin
Hybrid
17
Ethereum ClassicETC
$5.42
$666.52M
$446.01M
0.29%
123.04M
Software platform
Global computer
PoW
18
DaiDAI
$1.01
$611.16M
$106.06M
0.05%
605.72M
Stablecoin
Digital fiat
n/a
19
0xZRX
$0.397764
$397.76M
$35.34M
2.46%
1.00B
Application token
Decentralized finance
n/a
20
OrchidOXT
$0.248011
$248.01M
$6.27M
3.28%
1.00B
Application token
Decentralized VPN
n/a
Disclaimer
Any data, text or other content on this page is provided as general market information and not as investment advice. Past performance is not necessarily an indicator of future results. CoinDesk is an independently managed media company, wholly owned by the Digital Currency Group, which invests in cryptocurrencies and blockchain startups. DCG has no operational input into the selection or curation of CoinDesk content in all its forms. Note: The market cap figure shown for Tether counts supply on Ethereum only.

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