Reef REEF

What REEF actually is on-chain

Reef is a contract-issued token at address 0x0000000000000000000000000000000001000000, recorded on reefscan.com. We do not have a verified chain label for that explorer in our dataset, so we will not name the network here — check reefscan.com directly and confirm the address matches before interacting with it.

For REEF the project publishes a whitepaper, a public source repository and an active account as @Reef_Chain. Both a written specification and readable code exist, which is a materially higher bar than most assets in this size range clear. None of it is a quality judgement about the asset; it is simply what can be independently checked before the chart is worth looking at.

Where REEF sits in the market

Reef ranks #2134, in the top of the long tail, just below the band most screeners still cover, far outside the set of assets that carry continuous market-maker coverage. At this end of the table the first question is data integrity rather than valuation: a quote can originate from a single pool or a single venue, reported volume is difficult to verify independently, and the distance between the last print and a genuinely executable price can be wide. Treat any indicator computed on this series as provisional.

CryptoPingAi is currently streaming 1 live REEF order book (Gate.io). That is thinner coverage than a #2134 ranking would normally imply — a move on one of these books is close to the whole market for REEF, with no deep second venue to arbitrage it back. None of the books we see for REEF are regulated US or Korean venues, so this is an offshore-quoted asset — availability, and the price itself, depend on which jurisdiction you trade from.

REEF against its all-time high

More than 95% separates REEF from its all-time high of $0.0575 (on 2021-03-15) — a 1,346x recovery. At that distance the high stops working as a reference at all; it belongs to a different supply structure, a different holder base and typically a different cycle. What carries information for REEF now is the downside, so read the range section below before this one. It was set 6 years ago. A reference that old says more about the cycle it belongs to than about the asset as it trades now.

REEF across its historical range

REEF has traded across a 869x range, between $0.0000661 and $0.0575. Any volatility figure quoted for this asset depends heavily on which part of that range it is measured over.

At -35.4% above its record low of $0.0000661 (on 2026-04-07), REEF sits near the edge of its own price history. Nothing has traded beneath that level, so there is no support to reference, no volume shelf and no cost-basis cluster underneath. Because that low is itself recent, the asset is in an active downtrend rather than sitting at an old floor — each new low invalidates the previous one as a reference.

REEF supply and valuation data

Supply figures for REEF are self-reported at this rank rather than reconciled against the chain, so we publish the valuation we have and not a circulating-supply number we cannot check. What we do have is a fully diluted valuation of $2.7 million as of 2026-05-12. That sits around the middle of the distribution — roughly half the assets tracked here carry a smaller fully diluted value.

Since the figure is a snapshot rather than a live number, we do not reverse it into a supply count: the price has moved since it was taken, and that division would produce a confident but incorrect token count. For any per-token valuation, check the current supply on the project's own explorer first. The authoritative figure is the one reefscan.com reports for this contract.

What kind of asset REEF is

Reef is a base-layer network, so REEF is simultaneously the chain's security budget and its unit of account rather than a claim on a business. Value accrual runs through validator economics and through whatever activity settles on the chain itself.

CoinGecko files REEF under 7 categories, including Binance Launchpool, Layer 1 (L1), Harmony Ecosystem, Alameda Research Portfolio, YZi Labs (Prev. Binance Labs) Portfolio. Worth flagging from the metadata: REEF was held in the Alameda Research portfolio, and is tracked in the GMCI Layer 1 Index.

How to set a Reef alert that is worth receiving

Reef (REEF) — quoted on 1 venue we stream — high dated 2021-03-15 — rank #2134. On this profile the condition that carries signal is thresholds anchored to the recent range rather than to the all-time high.

Full alert-design method: thresholds, RSI/MACD and volume conditions →