Reserve RightsRSR

The token of Reserve, a platform for on-chain index and yield baskets; RSR is staked and burned.

Rank #282Since May 2019

Price on 31 Oct 2026

C$0.00219 +23.3% since 31 Jul 2026 · 98.5% below its all-time high

The short version

Reserve Rights (RSR) supports Reserve's Decentralized Token Folios: it is staked as first-loss cover for yield baskets, vote-locked to govern index baskets, and burned with part of the fees. Reserve was co-founded by Nevin Freeman and Matt Elder, with 2018 seed money from Peter Thiel, Coinbase Ventures and Sam Altman. Since Sep 2026 a quarterly 'High Burn' vote has paused treasury unlocks. On 31 Oct 2026 one RSR cost C$0.00219. From 31 Jul 2026 to 31 Oct 2026 its price changed +23.3% in Canadian dollars, and it was 98.5% below its all-time high of C$0.1468 set on 16 Apr 2021.^[1]

Checked 31 Oct 2026 · 15 sources · next update about 1 Dec 2026

Price, past year

Past year: high C$0.00786 (1 Nov 2025) · low C$0.00152 (1 Jul 2026) · -70.3%^[1]

Month-end prices (table)

Date	C$	US$
31 Oct 2026	C$0.00233	US$0.00167
30 Sep 2026	C$0.00238	US$0.00167
31 Aug 2026	C$0.00183	US$0.00132
31 Jul 2026	C$0.00174	US$0.00124
30 Jun 2026	C$0.00160	US$0.00113
31 May 2026	C$0.00232	US$0.00168
30 Apr 2026	C$0.00231	US$0.00170
31 Mar 2026	C$0.00216	US$0.00156
28 Feb 2026	C$0.00487	US$0.00356
31 Jan 2026	C$0.00446	US$0.00330
31 Dec 2025	C$0.00352	US$0.00257
30 Nov 2025	C$0.00471	US$0.00336

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$0.00219^[1]
3-month change: +23.3% in C$ (31 Jul 2026 to 31 Oct 2026)^[1]
From its high: 98.5% below its high of C$0.1468 (16 Apr 2021)^[1]
Market rank: #282, market value about C$136.4M^[1]
Kind: Token · Ethereum (ERC-20); also on Base and Arbitrum
Started: May 2019

Checks: the same 9 questions for every coin

Facts, not a rating

Can an admin key create new coins?NoAll 100B RSR are minted and the contract owner is the zero address^{[2, 3]}

Can anyone freeze or take coins from holders?NoNo blacklist; the pauser role is the zero address and transfers are not paused^{[2, 3]}

Can the token's contract code be changed?NoFixed contract code on Ethereum, not a proxy^[2]

Is the supply capped?Yes100B maximum, all minted; no owner can mint more^{[2, 3]}

Any scheduled unlocks in the next 12 months?NoTreasury unlocks paused under 'High Burn', which is re-voted each quarter^[4]

Does a team or foundation hold over 10% of supply?YesAbout 37B RSR in team-run locked wallets plus 6.4B in team-linked treasuries^{[5, 6]}

Do network fees reach coin holders?YesPart of index-basket fees is used to burn RSR: US$681K in the past year^{[7, 5]}

Main network hacked or halted in the past 2 years?NoNo protocol exploit; Reserve says the 29-30 Oct 2026 hack did not affect its contracts^{[8, 9]}

Is a regulator or court case targeting the coin itself?NoNo live regulator or court case naming Reserve found^[9]

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

Who controls it

Run by: Confusion Capital, ABC Labs and one other affiliated entity; CEO Nevin Freeman, CTO Matt Elder^{[4, 10]}
Team-linked supply: About 37B RSR locked in team-run Slow and Slower wallets, plus 6.4B unlocked in team-linked treasuries^{[5, 6]}
Admin key: Contract owner and pauser are both the zero address; transfers not paused (1 Nov 2026)^{[2, 3]}

Supply

In circulation: 62.55B RSR of a 100.00B maximum (62.6%)^[1]
Fully diluted value: 1.60 times its current market value^[1]
Maximum: 100B RSR, all minted; 62.6B circulating^{[3, 11]}
Unlock rule: Treasury unlocks paused while 'High Burn' wins quarterly votes; chosen 25 Sep 2026 with 86.27%^[4]
Burn rule: Under High Burn, each RSR burned from fees triggers 4 RSR burned from the treasury^[4]
Big burn idea: RFC-1269 would burn about 30B treasury RSR; still under debate in Oct 2026^[9]

Use and fees

Products: Index DTFs (crypto and tokenized-stock baskets) and Yield DTFs such as eUSD and ETH+^[5]
Fees: US$3.77M of fees in the past year; US$681K went to RSR burns^[7]
Fee trend: Monthly fees fell from US$1.26M (Oct 2025) to US$97K (Sep 2026)^[12]

Trading

Daily trading: About C$18.9M a day on average, 31 Jul 2026 to 31 Oct 2026^[1]
Daily turnover: Typically 7.58% of its market value changes hands each day^[1]
20-week average: 9.7% above its 20-week average price^[1]
1-year change: -71.8% in C$^[1]^[13]

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^[14]

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

No red flags found

About 3.38B RSR stolen in a hack on 29-30 Oct 2026 was sold for about US$4.1M.^[9]
The High Burn setting is re-voted every quarter; another setting would allow treasury unlocks again.^[4]
One partner, UGLYCASH, held about 71% of eUSD, Reserve's largest product, in Q3 2026.^[15]

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

Sources and dates

Facts as of 31 Oct 2026. Prices from CoinGecko in Canadian and US dollars; US$ figures without a C$ price are converted at 1.3976 C$ per US$.