Rails
RAILS#2977 by market capNot covered. The criterion it missed: market cap below the 5,000,000 USD floor.
Why it movedUp 9% today. No headline named it in the last three days, so the move is not explained by news we can see.
What it is for
Rails
Perpetuals
49 coins tagged Perpetuals, worth $23.62B together. Bigger circle, bigger coin. Order is size only.
Rails is a fully regulated crypto derivatives & trading infrastructure company. The platform serves as the compliant backend that fintechs, brokerages, and institutions plug into to offer crypto derivatives, without building it themselves.
Problem it says it solves: perpetuals. 49 coins are working on it and together they are worth $23,620,533,012. This coin is 0% of that.
Perpetuals 49 coins, together worth $23.62B. Sorted by size.
The average coin in this group is worth $492.07M. To match it, this coin's price would need to rise 40543%, to about $13.63.
| Coin | Worth | Today | Supply out | Promises delivered |
|---|---|---|---|---|
| Rails | $1,210,716 | +9.1% | 56% | no record |
| Hyperliquid | $17,757,652,276 | −4.3% | 22% | no record |
| Aster | $1,917,147,528 | −1.7% | 34% | no record |
| Lighter | $1,124,125,279 | −2.1% | 25% | no record |
| Jupiter | $777,965,718 | +1.7% | 33% | no record |
| PancakeSwap | $688,938,036 | −1.3% | 80% | no record |
| Raydium | $441,861,785 | +21.2% | 49% | no record |
Derivatives 53 coins, together worth $20.33B. Sorted by size.
The average coin in this group is worth $391.01M. To match it, this coin's price would need to rise 32196%, to about $10.83.
| Coin | Worth | Today | Supply out | Promises delivered |
|---|---|---|---|---|
| Rails | $1,210,716 | +9.1% | 56% | no record |
| Hyperliquid | $17,757,652,276 | −4.3% | 22% | no record |
| Lighter | $1,124,125,279 | −2.1% | 25% | no record |
| Pendle | $348,844,463 | −0.1% | – | none dated |
| Derive | $141,019,162 | −9.3% | 67% | none dated |
| Synthetix | $120,850,034 | −2.2% | – | no record |
| AWE Network | $114,327,055 | −0.9% | 97% | no record |
Grouping is CoinGecko’s category tags, most specific first. Order is size, nothing else.
Roadmap and delivery
Rails
No record yet, so nothing to draw.
What is coming
Rails
No record yet.
Price and size
Rails
The last 7 days
Where today sits against its highest ever price
Highest ever: $1.09 on 4 February 2026. Today is 3% of that.
$0.0335 +9.1% today
7 days +3.6%. Market cap $1,210,716, #2728 of all coins. Its all-time high was $1.09 on 4 February 2026, so it is −96.9% from the top.
CoinGecko, refreshed hourly. Not part of the record.
Rails is for perpetuals. We have not written its record yet, so its promises are not checked. It trades at $0.0335, #2728 of all coins by size, 97% below its highest ever price. 44% of its coins are still held back and could come to market later.
Every line above is a fact from the record or the market feed. What to do with it is up to you.
Who holds the supply
Rails
56%
of all RAILS that will ever exist is already out in public hands: 36.11M coins.
44% (28.89M coins) is already created but not in public hands, held by the project or locked in escrow. That is a large share, though not a majority. Those coins can be sold later, which can push the price down.
out held back. Each dot is 1%.
- of the maximum supply is in circulation: 36.11M of 65M.
- 28.89Mcoins still to be released, 44% of the maximum. Releases can add selling pressure.
- 1.8×fully diluted value versus today's market cap. The gap is coins not yet released.
- of its all-time high of $1.09 on 4 February 2026. That is −96.9% from the top.
- #2728by market cap, $1,210,716.
- Not checkedwho holds the most coins, and how much has been burned. Those need on-chain data this site does not read yet.
Supply and value figures from CoinGecko, refreshed hourly. Not part of the record.
36.11M in public hands, 56% of the maximum.
28.89M (44%) is already created but not in public hands: held by the project or locked in escrow. That is a large share, though not a majority, and it can reach the market later.
Supply figures from CoinGecko; who exactly holds the rest is not something this site reads from the chain yet.
$0.0335 +9.1% today
7 days +3.6%. Market cap $1,210,716, #2728 of all coins. Its all-time high was $1.09 on 4 February 2026, so it is −96.9% from the top.
CoinGecko, refreshed hourly. Not part of the record.
Rails is for perpetuals. We have not written its record yet, so its promises are not checked. It trades at $0.0335, #2728 of all coins by size, 97% below its highest ever price. 44% of its coins are still held back and could come to market later.
Every line above is a fact from the record or the market feed. What to do with it is up to you.
Competitors
Rails
Perpetuals: this coin against its direct competitors
- CoinWorth, as a barWorthAgainst this coinToday, and the gapSupplyPromises
Rails$1.21Mthis coin+9.1%56% outno record
Hyperliquid$17.76B14667.1× bigger, +$17.76B−4.3%, gap −13.422% outno record
Aster$1.92B1583.5× bigger, +$1.92B−1.7%, gap −10.934% outno record
Lighter$1.12B928.5× bigger, +$1.12B−2.1%, gap −11.225% outno record
Jupiter$777.97M642.6× bigger, +$776.76M+1.7%, gap −7.433% outno record
PancakeSwap$688.94M569.0× bigger, +$687.73M−1.3%, gap −10.480% outno record
Raydium$441.86M365.0× bigger, +$440.65M+21.2%, gap +12.049% outno record
Derive$141.02M116.5× bigger, +$139.81M−9.3%, gap −18.467% outnone dated
Bars are market cap. Order is size, nothing else. Differences are measured from the coin you are looking at.
Perpetuals: this coin next to the group's largest, Hyperliquid.
| Rails | Hyperliquid | |
|---|---|---|
| Years trading | 7 months | 2 years |
| Major exchanges | 0 | 7 |
| Named backers | 0 | 0 |
| Headlines, last month | 0 | 121 |
| Promises delivered | no record | no record |
What it says is different: Rails is a fully regulated crypto derivatives & trading infrastructure company. The platform serves as the compliant backend that fintechs, brokerages, and institutions plug into to offer crypto derivatives,…
It is 0.0% the size of Hyperliquid. On the facts above it is behind on years trading, major exchanges, headlines, last month. For that gap to close, the record would need deliveries showing up in its record, news that names it, listings on major exchanges. Nothing here says it will; the site does not predict.
Perpetuals 49 coins, together worth $23.62B. Sorted by size.
The average coin in this group is worth $492.07M. To match it, this coin's price would need to rise 40543%, to about $13.63.
| Coin | Worth | Today | Supply out | Promises delivered |
|---|---|---|---|---|
| Rails | $1,210,716 | +9.1% | 56% | no record |
| Hyperliquid | $17,757,652,276 | −4.3% | 22% | no record |
| Aster | $1,917,147,528 | −1.7% | 34% | no record |
| Lighter | $1,124,125,279 | −2.1% | 25% | no record |
| Jupiter | $777,965,718 | +1.7% | 33% | no record |
| PancakeSwap | $688,938,036 | −1.3% | 80% | no record |
| Raydium | $441,861,785 | +21.2% | 49% | no record |
Derivatives 53 coins, together worth $20.33B. Sorted by size.
The average coin in this group is worth $391.01M. To match it, this coin's price would need to rise 32196%, to about $10.83.
| Coin | Worth | Today | Supply out | Promises delivered |
|---|---|---|---|---|
| Rails | $1,210,716 | +9.1% | 56% | no record |
| Hyperliquid | $17,757,652,276 | −4.3% | 22% | no record |
| Lighter | $1,124,125,279 | −2.1% | 25% | no record |
| Pendle | $348,844,463 | −0.1% | – | none dated |
| Derive | $141,019,162 | −9.3% | 67% | none dated |
| Synthetix | $120,850,034 | −2.2% | – | no record |
| AWE Network | $114,327,055 | −0.9% | 97% | no record |
Grouping is CoinGecko’s category tags, most specific first. Order is size, nothing else.
Perpetuals
49 coins tagged Perpetuals, worth $23.62B together. Bigger circle, bigger coin. Order is size only.
In the news
Rails
Nothing in the news this month.
Rails is for perpetuals. We have not written its record yet, so its promises are not checked. It trades at $0.0335, #2728 of all coins by size, 97% below its highest ever price. 44% of its coins are still held back and could come to market later.
Every line above is a fact from the record or the market feed. What to do with it is up to you.
Nothing matched in the last month from the sources we read. CoinDesk, Cointelegraph, Decrypt, The Block, plus Google News searches for coins with a record and the top 100.
What holding it gets you
Rails
Its pages do not say what holding it gets you
That is worth knowing before buying. A coin nobody needs is priced on hope.
- Nothing the project's own pages spell out.
That is all a market cap is: today's price times the coins in public hands. It moves every time the price does. It says what buyers are paying, not what the coin is worth.
Rails is a fully regulated crypto derivatives & trading infrastructure company. The platform serves as the compliant backend that fintechs, brokerages, and institutions plug into to offer crypto derivatives, without building it themselves.
Problem it says it solves: perpetuals. 49 coins are working on it and together they are worth $23,620,533,012. This coin is 0% of that.
Venue list not fetched yet.
Worth a look?
Rails
2 of 4
- ✓A real-world jobReal-world purpose: perpetuals
- –Real backingA named investor, an index, a major exchange, or a billion-dollar size.
- –Something aheadA dated step, deliveries on record, or demand showing up in the news.
- ✓Room to growRoom: worth $1.21M, 14667 times smaller than Hyperliquid, the biggest coin doing the same thing (Perpetuals)
Four tests, printed. Passing all four means a real job, real backing, something ahead, and a price far below the leader of its group. A filter on facts, never a verdict.
Rails is for perpetuals. We have not written its record yet, so its promises are not checked. It trades at $0.0335, #2728 of all coins by size, 97% below its highest ever price. 44% of its coins are still held back and could come to market later.
Every line above is a fact from the record or the market feed. What to do with it is up to you.
Perpetuals: this coin next to the group's largest, Hyperliquid.
| Rails | Hyperliquid | |
|---|---|---|
| Years trading | 7 months | 2 years |
| Major exchanges | 0 | 7 |
| Named backers | 0 | 0 |
| Headlines, last month | 0 | 121 |
| Promises delivered | no record | no record |
What it says is different: Rails is a fully regulated crypto derivatives & trading infrastructure company. The platform serves as the compliant backend that fintechs, brokerages, and institutions plug into to offer crypto derivatives,…
It is 0.0% the size of Hyperliquid. On the facts above it is behind on years trading, major exchanges, headlines, last month. For that gap to close, the record would need deliveries showing up in its record, news that names it, listings on major exchanges. Nothing here says it will; the site does not predict.
Rails is a fully regulated crypto derivatives & trading infrastructure company. The platform serves as the compliant backend that fintechs, brokerages, and institutions plug into to offer crypto derivatives, without building it themselves.
Problem it says it solves: perpetuals. 49 coins are working on it and together they are worth $23,620,533,012. This coin is 0% of that.
The record
Rails
Not covered. The criterion it missed: market cap below the 5,000,000 USD floor.
Homepage as listed: https://rails.xyz/