The Gini coefficient measures how unequally QRL is held across all positive-balance addresses, from 0 (everyone holds the same) to 1 (one address holds everything), drawn as one continuous line from the original Proof-of-Work chain into QRL 2.0. Like most public blockchains it sits very high (~0.99) because a long tail of tiny “dust” addresses holds almost nothing while a few wallets hold the bulk. Read the trend, not the absolute level — and note one address is not one person (exchanges and contracts pool many users).
Gini Coefficient
Time range
Gini coefficient (0–1)
For comparison:Bitcoin ~0.88 (on-chain wealth across addresses incl. dust (address ≠ person; exchanges pool many users), DSHR — Gini Coefficients of Cryptocurrencies, as of 2026-06-14)
FAQ about this chart
Common questions about this page+
What does the QRL Gini coefficient measure?
It measures how evenly the coin supply is spread across all positive-balance addresses, on a 0–1 scale. 0 would mean every address holds exactly the same amount; 1 would mean a single address holds everything. It is the standard inequality measure used in economics and applied to on-chain wealth by platforms like Glassnode and Santiment.
Why is the Gini so high (~0.99)?
Two reasons. First, blockchains accumulate a huge tail of near-empty “dust” addresses that hold almost nothing, which mechanically pushes the Gini toward 1. Second, a handful of wallets — exchanges, the foundation, large holders — hold most of the supply. A 0.95+ Gini is normal for public chains; what matters is whether the line is trending up (more concentrated) or down (more spread out).
Does one address equal one person?
No — and this is the key caveat. A single exchange address pools thousands of customers (making the chain look more concentrated than it is), while one person can split holdings across many addresses (making it look more spread out). For a concentration view that removes custodial and protocol wallets, see the entity-adjusted distribution on the wealth distribution page. The consensus-banned 2022 inflation-attack address (a rogue 25M QRL that the network force-zeroed at hard fork #3) is excluded, exactly as every synced node reports it.
How is the line stitched across the QRL → QRL 2.0 migration?
Each chain keeps its own daily Gini — the values are concatenated at the cutover, not summed (a summed Gini would be meaningless). The Proof-of-Work chain's concentration history forms the spine, and QRL 2.0 continues it. Until the migration cutover, the QRL 2.0 segment shows as a preview tail.
What is the difference between the raw and entity-adjusted Gini?
The raw view measures inequality across every positive-balance address. The entity-adjusted view excludes wallets that pool many holders' coins — exchanges, the foundation, staking and mining pools, and contracts — so it better reflects inequality between individuals, much as Glassnode and Santiment strip custodial wallets. Toggle the two above the chart; the wealth distribution page breaks down the entity classes.