
Cardano
ADA#14ADA is the native coin of Cardano, a proof-of-stake blockchain, used to pay fees, delegate to stake pools and vote on governance.
- Market cap
- $9B
- Volume 24h
- $413.61M
- All-time high
- $3.09
- −92.08% from ATH
- Circulating supply
- 37.54B of 45B
Does not clear all 8 Shariah criteria. Needs caution: nature of the asset and gambling (maysir).
- 6 pass
- 2 caution
- 0 fail
Verdict history
- DoubtfulCurrent
First publication
Fundamentals, market picture and news will appear here.
About Cardano
ADA is the native coin of Cardano, a proof-of-stake blockchain, used to pay fees, delegate to stake pools and vote on governance.
Cardano is a public blockchain whose consensus protocol, Ouroboros, came out of peer-reviewed academic research. Its mainnet began on 23 September 2017, and in July 2020 the Shelley hard fork began handing block production to independent stake pools. ADA, named after Ada Lovelace, is the network's coin: it pays transaction fees, is delegated to stake pools to secure the network, and gives holders a vote in on-chain governance.
Supply is capped at 45 billion ADA. About 31.1 billion existed at launch: 25.9 billion from a voucher sale in 2015–2017 and 5.2 billion given to the three founding entities, IOHK (now Input Output), EMURGO and the Cardano Foundation. The rest sits in a reserve that is released slowly: each five-day epoch 0.3% of it is added to fees to pay staking rewards, and 20% of that goes to an on-chain treasury. In September 2026 about 6.1 billion ADA remained in the reserve and the treasury held about 1.37 billion ADA.
Holders delegate ADA to a stake pool without moving it: coins stay in their wallet and remain spendable. Since 2024–2025 ADA holders also elect delegated representatives (DReps), who vote with a constitutional committee and stake pools on upgrades and on every treasury withdrawal under a written constitution. In 2026 the treasury funded a 70 million ADA programme for stablecoins, oracles and bridges, and in July 2026 the Van Rossem hard fork became the first upgrade approved entirely by on-chain vote.
No single company runs Cardano, but Input Output, EMURGO and the Cardano Foundation remain large holders and developers, and Intersect coordinates governance and budgets. In July 2026 EMURGO left the Pentad coordination group after a wallet exploit. Cardano's DeFi and stablecoin activity is small, at under $70 million each in September 2026. In the US, ADA is named as a digital commodity in the SEC's March 2026 interpretation.
Sources · 14
- Koios API — Cardano mainnet genesis parameters (systemStart)
- Ouroboros proof-of-stake (cardano.org)
- Cardano docs — Eras and phases
- Cardano Genesis Distribution, Initial ada Allocation (cardano.org)
- Cardano docs — Monetary policy
- Koios API — Cardano ledger totals by epoch
- Stake pool delegation (cardano.org)
- IntersectMBO/cardano-constitution (GitHub)
- Cardano's Biggest Players Unite Behind 70M ADA Push to Spark On-Chain Growth (CoinDesk)
- Inside Cardano's 'Van Rossum' hard fork, and how it matters for users (CoinDesk)
- EMURGO Cardano Pentad Withdrawal Signals Governance Shift (The Cryptonomist)
- DefiLlama — chains TVL
- DefiLlama Stablecoins — chains
- SEC/CFTC — Application of the Federal Securities Laws to Certain Types of Crypto Assets (Release No. 33-11412)
AI-assisted analysis checked against sources. Not a fatwa or investment advice.
Key facts
- Launched
- Sep 23, 2017
- Creator
- IOG, EMURGO, Cardano Foundation
- Consensus
- Proof of Stake
- Max supply
- 45,000,000,000 ADA
What it is used for
- Delegating ADA to a stake pool to help secure the network, without locking it
- Voting on upgrades and treasury spending, directly or through a DRep
- Paying transaction fees and smart contract costs on Cardano
- Minting and trading native tokens, including stablecoins such as USDCx
- Running a stake pool that produces blocks
Market data
- Market cap
- $9BRank #14
- Fully diluted value
- $11.01BAt 45B ADA
- Volume 24h
- $413.61M4.60% of market cap
- Total supply
- 45B ADAIssued so far
- All-time high
- $3.09Sep 1, 2021 · −92.08%
- All-time low
- $0.01925Mar 12, 2020
- Circulating supply
- 37.54B ADA83.4% of max supply
- Max supply
- 45B ADAFixed by protocol
Where it trades
18 exchanges from our coverage · no referral links
KrakenCentralized · ADA/USDVolume 24h$13.46MReliability7.4Halal productNo halal product
Bitstamp by RobinhoodCentralized · ADA/USDVolume 24h$2.73MReliability7.2Halal productNo halal product- BybitCentralized · ADA/USDTVolume 24h$6.68MReliability7.1Halal productIslamic account
- Crypto.com ExchangeCentralized · ADA/USDVolume 24h$5.38MReliability7.0Halal productNo halal product
BinanceCentralized · ADA/USDTVolume 24h$30.23MReliability6.7Halal productShariah-compliant earn
OKXCentralized · ADA/USDTVolume 24h$7.34MReliability6.7Halal productNo halal product
Coinbase ExchangeCentralized · ADA/USDVolume 24h$14.79MReliability6.6Halal productNo halal product
BitvavoCentralized · ADA/EURVolume 24h$8.6MReliability6.5Halal productNo halal product
UpbitCentralized · ADA/KRWVolume 24h$7.13MReliability6.5Halal productNo halal product
LunoCentralized · ADA/MYRVolume 24h$234.03KReliability6.5Halal productShariah-compliant earn
GateCentralized · ADA/USDTVolume 24h$8.22MReliability5.9Halal productNo halal product
WhiteBITCentralized · ADA/USDTVolume 24h$8.61MReliability5.7Halal productNo halal product
KuCoinCentralized · ADA/USDTVolume 24h$3.22MReliability5.6Halal productNo halal product
BitgetCentralized · ADA/USDTVolume 24h$3MReliability5.0Halal productNo halal product
MEXCCentralized · ADA/USDTVolume 24h$5.04MReliability4.7Halal productNo halal product
PionexCentralized · ADA/USDTVolume 24h$15.11MReliability4.0Halal productNo halal product
BithumbCentralized · ADA/KRWVolume 24h$1.54MReliability3.9Halal productNo halal product
BitfinexCentralized · ADA/USDTVolume 24h$335.92KReliability3.3Halal productNo halal product
No exchanges match this filter
Listings as of Sep 17, 2026
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