Nakamoto Coefficients

Live decentralization metrics for Proof-of-Stake blockchains

See how resistant a chain is to censorship or collusion. Compare metrics, explore thresholds, export data.

Last updated: Wed, 29 Apr 2026 21:16:21 GMT

Name
Current Value
Previous Value
Operated by Chainflow
MonadStake MON
23
23
SolanaStake SOL
12
12
Story ProtocolStake STORY
4
4
SuiStake SUI
18
18
Other Networks
Agoric
4
4
Algorand
13
13
Aptos
15
15
Avalanche
24
24
Base
1
1
Binance
7
7
Cardano
22
22
Celestia
8
8
Cosmos
4
4
Hedera
11
11
Hyperliquid
3
3
Juno
3
3
MultiversX
11
11
Namada
3
3
Nano
9
9
Near
9
9
Osmosis
7
7
Plume
1
1
Polygon
4
4
Pulsechain
11
11
Regen Network
4
4
Sei
7
7
Stargaze
4
4

About the Nakamoto Coefficient

The Nakamoto Coefficient measures how many independent entities are required to control a critical share of a blockchain network (typically 33% for Proof-of-Stake systems). The higher the number, the harder it is for any small group to censor transactions or halt the chain. (i.e. the higher the Nakamoto Coefficient, the better.)

While the concept is simple, calculating it accurately is not.

In practice, Nakamoto Coefficient calculations rely on imperfect, publicly available data. It is often impossible to determine with certainty whether multiple validators are operated by the same underlying party. Additional factors such as validator geography, cloud infrastructure concentration, and shared operational dependencies can further influence decentralization without being directly observable on-chain.

Our Methodology for calculating the Nakamoto Coefficient

At Nakaflow, we calculate the Nakamoto Coefficient using the best available entity-level staking data. Instead of counting individual validator nodes in isolation, we aggregate stake by controlling entities, including:
  • Independent validator operators (e.g. Chainflow)
  • Staking providers and pools (e.g. Lido)
  • Other identifiable stake-controlling organizations
We then determine the minimum number of these entities required to reach the control threshold, based on their total staked share.

Read our full methodology, limitations, and practical guidance →

Contributors

Thank you to the following contributors who have submitted pull requests to add networks to Nakaflow.

Stake With Chainflow

Nakaflow is brought to you by Chainflow, a crypto infrastructure company working to build the foundations for a more inclusive, equitable, and fair digital economy. Beyond Nakaflow, we operate validators on more than a dozen of the leading Proof-of-Stake networks and lead initiatives to support healthy, decentralized infrastructure ecosystems across crypto.

Chainflow is a fully-independent team with no outside funding from Venture Capital or other specialist interests; we operate exclusively to serve our communities and advance a better future for the web.

If you'd like to help keep projects like Nakaflow running and support our work, please consider staking with us on your networks of choice. You can learn more about how to do so at our Staking Services page. We sincerely appreciate your help in the movement for decentralization 🙏.