
TRON
TRX#8TRX is the native coin of TRON, a low-fee blockchain widely used for stablecoin transfers.
- Market cap
- $31.81B
- Volume 24h
- $350.14M
- All-time high
- $0.4313
- −22.34% from ATH
- Circulating supply
- 94.97B
Does not clear all 8 Shariah criteria. Needs caution: interest (riba), nature of the asset, business model, excessive uncertainty (gharar), usage, and benefit and harm (maslahah).
- 2 pass
- 6 caution
- 0 fail
Verdict history
- DoubtfulCurrent
First publication
Fundamentals, market picture and news will appear here.
About TRON
TRX is the native coin of TRON, a low-fee blockchain widely used for stablecoin transfers.
TRON is a public blockchain founded by Justin Sun. TRX was first sold in an initial coin offering in August–September 2017, before TRON's own network existed, and TRON's own mainnet started with its genesis block on 25 June 2018. The Tron Foundation, set up by Sun in Singapore in 2017, promoted and developed the network; official reports are now published under the name TRON DAO.
TRX has no fixed supply cap. The genesis block created 100 billion TRX, of which 40% was sold in the ICO and the rest went to the Tron Foundation and ecosystem (35%), a private sale (15%) and a Sun-controlled company (10%). New TRX is minted every block as rewards, while TRX paid for bandwidth and energy is burned. On 27 September 2026 about 94.97 billion TRX circulated. After fees were cut in August 2025, supply turned slightly inflationary: about +70.5 million TRX net in Q1 2026.
TRON's main use is moving stablecoins. About 92.5 billion USDT is issued on TRON, more than on any other network, and TRON DAO reports about $1.96 trillion of stablecoin settlement in Q1 2026. The network also hosts decentralised finance, led by the JustLend DAO lending market, and TRX is traded on major exchanges, where futures volume often exceeds spot.
Consensus is delegated proof-of-stake. Holders stake TRX to get network resources and voting power, and vote for Super Representatives; the top 27 produce blocks, and 18 of them can change network parameters such as fees and rewards. Voting power is concentrated, and the US SEC's 2023 lawsuit against Sun and his companies, which alleged unregistered TRX sales and wash trading, ended in a March 2026 settlement, still subject to court approval, with a $10 million payment by Rainberry and no ruling on whether TRX is a security.
Sources · 12
- TRONSCAN API — block 0 (TRON mainnet genesis block)
- SEC v. Justin Sun et al. — complaint, Case 1:23-cv-02433 (S.D.N.Y.)
- TRONSCAN API — TRX supply and burn statistics
- TRON Q1 2026 Quarterly Report (TRON DAO)
- Proposal: Decrease the transaction fees — tronprotocol/tips issue 789
- Tether — transparency data (USDT by blockchain)
- TRON developer docs — Staking on TRON network (Stake 2.0)
- TRON developer docs — Super Representatives
- TRON developer docs — Committee and proposals
- TRON developer docs — Resource model
- Binance Futures API — TRXUSDT 24h ticker
- SEC, Justin Sun reach settlement over Tron lawsuit (CoinDesk)
AI-assisted analysis checked against sources. Not a fatwa or investment advice.
Key facts
- Launched
- Jun 25, 2018
- Creator
- Justin Sun
- Consensus
- Delegated Proof of Stake
What it is used for
- Sending and settling USDT and other stablecoins at low cost
- Staking TRX for bandwidth and energy to pay for transactions
- Voting for Super Representatives who produce blocks and govern parameters
- Paying network fees, which are burned when staked resources run out
- Decentralised finance on TRON, such as exchanges and liquid staking
Market data
- Market cap
- $31.81BRank #8
- Fully diluted value
- —
- Volume 24h
- $350.14M1.10% of market cap
- Total supply
- 94.97B TRXIssued so far
- All-time high
- $0.4313Dec 3, 2024 · −22.34%
- All-time low
- $0.001804Nov 11, 2017
- Circulating supply
- 94.97B TRX
- Max supply
- —No fixed cap
Where it trades
16 exchanges from our coverage · no referral links
KrakenCentralized · TRX/USDVolume 24h$1.64MReliability7.4Halal productNo halal product- BybitCentralized · TRX/USDTVolume 24h$1.7MReliability7.1Halal productIslamic account
BinanceCentralized · TRX/USDTVolume 24h$24.39MReliability6.7Halal productShariah-compliant earn
OKXCentralized · TRX/USDTVolume 24h$5MReliability6.7Halal productNo halal product
BitvavoCentralized · TRX/EURVolume 24h$161.97KReliability6.5Halal productNo halal product
LunoCentralized · TRX/MYRVolume 24h$10.56KReliability6.5Halal productShariah-compliant earn
UpbitCentralized · TRX/USDTVolume 24h$5.86KReliability6.5Halal productNo halal product
GeminiCentralized · TRX/USDVolume 24h$3.14KReliability6.2Halal productNo halal product
GateCentralized · TRX/USDTVolume 24h$1.69MReliability5.9Halal productNo halal product
WhiteBITCentralized · TRX/USDCVolume 24h$17.1MReliability5.7Halal productNo halal product
KuCoinCentralized · TRX/USDTVolume 24h$3.34MReliability5.6Halal productNo halal product
BitgetCentralized · TRX/USDTVolume 24h$1.71MReliability5.0Halal productNo halal product
MEXCCentralized · TRX/USDTVolume 24h$4.86MReliability4.7Halal productNo halal product
PionexCentralized · TRX/USDTVolume 24h$3.53MReliability4.0Halal productNo halal product
BithumbCentralized · TRX/BTCVolume 24h$937.08Reliability3.9Halal productNo halal product
BitfinexCentralized · TRX/USDTVolume 24h$282.78KReliability3.3Halal productNo halal product
No exchanges match this filter
Listings as of Sep 18, 2026
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