DecentralandMANA

The currency of Decentraland, an Ethereum virtual world governed by a DAO.

Rank #214Since 2017
Price on 31 Oct 2026
C$0.1042 +12.7% since 31 Jul 2026 · 98.6% below its all-time high

The short version

MANA is the Ethereum token of Decentraland, a virtual world funded by a US$24M token sale in 2017 and opened to the public in February 2020. Co-founders Ariel Meilich and Esteban Ordano have stepped back, and a DAO governs the platform. MANA spent on LAND is burned, as is a 2.5% marketplace fee; current user figures were not found. On 31 Oct 2026 one MANA cost C$0.1042. From 31 Jul 2026 to 31 Oct 2026 its price changed +12.7% in Canadian dollars, and it was 98.6% below its all-time high of C$7.41 set on 25 Nov 2021.[1]

Checked 31 Oct 2026 · 13 sources · next update about 1 Dec 2026

Price, past year

Past year: high C$0.3366 (8 Nov 2025) · low C$0.0874 (17 Aug 2026) · -67.0%[1]

Month-end prices (table)
DateC$US$
31 Oct 2026C$0.1046US$0.0749
30 Sep 2026C$0.1259US$0.0884
31 Aug 2026C$0.1000US$0.0721
31 Jul 2026C$0.0938US$0.0669
30 Jun 2026C$0.0905US$0.0637
31 May 2026C$0.1166US$0.0845
30 Apr 2026C$0.1222US$0.0900
31 Mar 2026C$0.1148US$0.0826
28 Feb 2026C$0.1442US$0.1054
31 Jan 2026C$0.1689US$0.1252
31 Dec 2025C$0.1684US$0.1230
30 Nov 2025C$0.2315US$0.1651

Daily prices from CoinGecko; C$ converted at the Bank of Canada daily rate. The latest point is live when available. Past prices, not a forecast.

Choose what to see

Key facts

Price, 31 Oct 2026
C$0.1042[1]
3-month change
+12.7% in C$ (31 Jul 2026 to 31 Oct 2026)[1]
From its high
98.6% below its high of C$7.41 (25 Nov 2021)[1]
Market rank
#214, market value about C$203.9M[1]
Kind
Token · Ethereum (ERC-20); also on Polygon
Started
2017

Checks: the same 9 questions for every coin

Facts, not a rating
Can an admin key create new coins?YesMinting was never closed on-chain; the owner contract, run by one key, can mint[2, 3]
Can anyone freeze or take coins from holders?YesThe owner contract can pause all MANA transfers[2, 3]
Can the token's contract code be changed?NoFixed contract code on Ethereum, not a proxy[4]
Is the supply capped?NoNo maximum; minting is still open in the contract[5, 2]
Any scheduled unlocks in the next 12 months?Not disclosedTwo vesting contracts hold 9.5% of supply; no schedule published[6]
Does a team or foundation hold over 10% of supply?Not disclosedFoundation and team holdings are not published; two vesting contracts hold 9.5%[6]
Do network fees reach coin holders?YesMANA spent on LAND and 2.5% marketplace fees are burned[5]
Main network hacked or halted in the past 2 years?NoNo MANA contract exploit found; over 1,000 Names were stolen from users in Sep 2026[7, 8]
Is a regulator or court case targeting the coin itself?NoSEC named MANA a security in 2023 suits against other firms; dismissed in 2025; no live case[9, 10, 11]

Each answer is a fact with a source, not a score. What each check means.

Who controls it

Run by
Decentraland Foundation and DAO; the co-founders are now advisers[5]
Admin key
The token's owner is the 2017 sale contract, itself controlled by a single key; it can pause transfers[2, 3]
Largest holders
Top 10 hold 46%: two vesting contracts 9.5%, a custodial wallet for many users 8.2%, unlabelled wallets 14.2% and 5.8%[6]

Supply

In circulation
1.96B MANA of 2.19B in total (89.3%)[1]
Maximum supply
None set[1]
Fully diluted value
1.12 times its current market value[1]
Total
About 2.19B MANA; originally 2.8B, reduced by burns[5, 2]
Inflation
Designed at 8% a year but switched off; minting was never closed in the contract[5, 2]
Unlocks
Two vesting contracts hold 9.5%; no release schedule found[6]

Use and fees

Main use
Paying for LAND, names, wearables and avatars in Decentraland; DAO voting[5]
Burns
MANA spent on LAND and a 2.5% marketplace fee are burned; totals not published[5]

Trading

Daily trading
About C$23.8M a day on average, 31 Jul 2026 to 31 Oct 2026[1]
Daily turnover
Typically 8.23% of its market value changes hands each day[1]
20-week average
1.3% below its 20-week average price[1]
1-year change
-67.4% in C$[1][12]

History

Not a forecast

Coins ranked 201-500 at this point in past cycles (12-14 months after a Bitcoin peak), one year later: 8,067 cases, 1,187 coins

33% were higher a year later[13]

Typical result
Median -38% after a year; 33% higher after two years
Lost half or more
44% within a year
Against Bitcoin
11% did better than Bitcoin over the year

History, not a forecast.

Red flags and things to watch

1 red flag found
  • Red flag: MANA's minting was never closed, and its owner contract, controlled by a single key, can pause all transfers.[2, 3]
  • More than 1,000 Decentraland Names were stolen from user accounts; a DAO vote on an investigation and temporary freeze closed on 1 Oct 2026.[7]

Checked: admin keys, contract upgrades, unlocks, insider supply, hacks, legal actions and claims against records.

Sources and dates