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$50.00B$100.00B$150.00B$200.00B$669.73B
Price scale
Asset
Price
Market Cap
Total Exchange Volume
Returns (24h)
Total Supply
Category
Value Proposition
Consensus Mechanism
01
BitcoinBTC
$36,006.23
$669.73B
$56.36B
9.6%
18.60M
Currency
Digital gold
PoW
02
EthereumETH
$1,155.25
$131.99B
$35.83B
6.96%
114.25M
Software platform
Global computer
PoW
03
StellarXLM
$0.280540
$29.58B
$1.68B
7.11%
105.44B
Currency
Payments
Custom
04
XRPXRP
$0.275451
$27.54B
$3.25B
7.78%
99.99B
Currency
Payments
Custom
05
TetherUSDT
$1.00
$25.10B
$85.14B
0.19%
25.08B
Stablecoin
Digital fiat
n/a
06
ChainlinkLINK
$19.02
$19.02B
$3.98B
12.67%
1.00B
Application token
Oracle network
n/a
07
CardanoADA
$0.299803
$9.55B
$2.44B
6.81%
31.84B
Software platform
Global computer
PoS
08
LitecoinLTC
$139.93
$9.35B
$6.00B
10.12%
66.79M
Currency
Digital gold
PoW
09
Bitcoin CashBCH
$476.82
$8.88B
$6.64B
10.66%
18.63M
Currency
Internet money
PoW
10
USD CoinUSDC
$1.00
$4.82B
$1.78B
0.18%
4.82B
Stablecoin
Digital fiat
n/a
11
EOSEOS
$2.71
$2.58B
$2.83B
4.19%
950.60M
Software platform
Global computer
dPoS
12
TezosXTZ
$2.61
$2.15B
$383.98M
3.35%
826.16M
Software platform
Governance network
PoS
13
CosmosATOM
$7.37
$1.97B
$1.13B
14.91%
266.63M
Software platform
Cross-chain applications
PoS
14
AlgorandALGO
$0.449047
$1.68B
$284.73M
1.88%
3.74B
Software platform
Global computer
PoS
15
DaiDAI
$1.00
$1.38B
$464.22M
0.1%
1.38B
Stablecoin
Digital fiat
n/a
16
Ethereum ClassicETC
$7.69
$960.10M
$1.30B
9.01%
124.92M
Software platform
Global computer
PoW
17
0xZRX
$0.493964
$493.96M
$139.63M
2.04%
1.00B
Application token
Decentralized finance
n/a
18
OMG NetworkOMG
$3.45
$483.53M
$659.88M
2.91%
140.25M
Application token
Payments
n/a
19
OrchidOXT
$0.255126
$255.13M
$11.17M
5.87%
1.00B
Application token
Decentralized VPN
n/a
20
Kyber NetworkKNC
$1.10
$230.99M
$111.90M
0.35%
210.33M
Application token
Decentralized finance
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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