Gnosis
GNO#115GNO is the governance token of GnosisDAO and the staking token that secures Gnosis Chain.
- Market cap
- $309.6M
- Volume 24h
- $1.49M
- All-time high
- —
- Circulating supply
- 2.64M
Passes our 8 Shariah criteria. Needs caution: business model.
- 7 pass
- 1 caution
- 0 fail
Verdict history
- HalalCurrent
First publication
Fundamentals, market picture and news will appear here.
Halal analysis
Can a Muslim hold Gnosis?8 Shariah criteria
7 pass · 1 caution · 0 failValidator rewards are variable payments for securing the chain, with penalties for downtime; much staking runs through liquid staking providers, which makes it largely passive.
Riba means interest or any guaranteed increase on a loan. Holding GNO pays nothing. Staking GNO in a validator earns variable rewards for producing and attesting blocks, with penalties for being offline, so it is not a loan. GIP-153 says these rewards are funded by the DAO treasury as a dilution offset rather than by fees; that is a subsidy, not interest. Sharlife rates GNO compliant and saw no problematic staking. Many holders stake through liquid staking providers such as StakeWise (osGNO) without running validators, so the reward is largely passive, and the score is set at 90 within pass.
GNO secures a working blockchain and governs a DAO with real assets.
Mal is property that Islamic law recognises as having value and that can be owned and traded. GNO is needed to run Gnosis Chain validators (about 295,000 GNO staked across roughly 52,000 validators in mid-2026) and votes on a DAO that holds real assets. Sharlife rates GNO compliant and categorises it as mal, so the criterion gets the maximum score; the general disagreement among tier-1 bodies about cryptocurrency is reflected in confidence.
GNO has no gambling mechanics, and no GNO perpetual futures were found on the major venues checked.
Maysir is gambling: winning or losing by chance rather than through productive exchange. Gnosis started with prediction-market technology, but GNO itself has no chance-based payout. On 1 October 2026 GNO traded spot on Binance, while Binance Futures, Bybit and OKX listed no GNO perpetual contract. CryptoUmmah scores speculation controls low, but without a concrete gambling feature of the token the criterion gets the maximum score.
GNO's value rests partly on a DAO treasury that has used lending protocols and holds real-world-asset positions; no breakdown shows interest income below 5%.
This criterion asks how the issuer or DAO earns. GnosisDAO holds a treasury of ETH, bitcoin, stablecoins, real-world-asset (RWA) positions and stakes in Safe, CoW and HOPR, and GNO is explicitly valued against it: in June 2026 holders approved a one-time swap of GNO for a share of the treasury at net asset value. The treasury has been actively managed in DeFi, including WETH positions on Aave, a lending protocol, and RWA positions are typically interest-bearing. No published breakdown separates interest from other returns, so the 5% threshold cannot be tested.
Sharlife rates GNO compliant, but interest-bearing treasury use is shown to exist while its share is unknown, so the criterion is caution.
Supply and votes are public, but the chain is about to change its security model and governance is concentrated in a few large holders.
Gharar is excessive uncertainty or hidden information in a deal. Total supply is fixed at 3 million GNO after disclosed burns, and every GIP vote is public on Snapshot. Two concrete points lower the score. First, in August 2026 GnosisDAO approved turning Gnosis Chain into a rollup settling on Ethereum, targeted around the turn of 2026/27, with an interim proving setup; the proposal says the independent validator set will no longer be at the core of the chain, and wallet developers asked for details still to be specified.
Second, decisive votes are cast by few addresses: GIP-153 passed with 54 votes, and the DAO and Gnosis Ltd hold more than half of all GNO. CryptoUmmah also scores audit quality and governance rights low.
GNO is used to secure Gnosis Chain and vote in GnosisDAO.
This criterion looks at what the asset is actually used for. GNO's uses are staking to run validators and voting on GnosisDAO proposals. Gnosis Chain hosts payments through Gnosis Pay and other applications; DeFi lending protocols also run on it, as CryptoUmmah warns, but the chain is not shown to exist mainly for them, so the criterion gets the maximum score.
Fully paid spot GNO is available and can be held in one's own wallet.
This criterion asks whether the asset can be owned in a permissible way. GNO trades spot with full payment and delivery, for example on Binance's GNO/USDT pair, and can be held in a self-custody wallet on Ethereum or Gnosis Chain. Ownership does not depend on derivatives, so the criterion gets the maximum score.
Gnosis provides widely used infrastructure and a payments card; no concrete harm specific to GNO was found.
Maslahah weighs public benefit against harm. The Gnosis ecosystem includes Safe wallets, CoW Protocol and Gnosis Pay for everyday payments, and Gnosis Chain offers low-cost transactions. No study found links GNO specifically to fraud, sanctions evasion or exploitation at scale, so the criterion gets the maximum score.
How you can use it
Tap a card for the ruling and sourcesBuying GNO with full payment and immediate delivery is available, and tokens can be moved to a self-custody wallet. Spot is acceptable for a HALAL-rated asset.
No exchange-traded fund holding GNO was identified in this review. Any fund offered later must be checked separately for lending of the token and interest income.
GNO is a staking and governance token, not a payment coin. Tier-1 bodies such as Indonesia's MUI rule that using cryptocurrency as currency is not permissible.
Running a Gnosis Chain validator with your own GNO earns variable rewards for real work, with penalties for downtime. Liquid staking tokens such as osGNO are largely passive and should be checked for any lending of the underlying. GIP-153 plans to end treasury-funded staking rewards when the chain becomes a rollup.
Margin trading in GNO is never acceptable: it is a deferred exchange with borrowed money and leverage (AAOIFI SS 20).
No GNO perpetual futures were found on Binance, Bybit or OKX, but futures, perpetuals and options always fail under AAOIFI SS 20: deferred exchange without delivery, usually with leverage.
Lending GNO on lending protocols pays depositors interest from borrowers. This is riba.
GNO yield products built on lending, leverage or basis trading pay interest or interest-like returns and fail. Validator staking is covered under staking.
Scholars quotes
The opinion on this is the same as doing the same with any halal assets such as shares – 1) is permissible, 2) is more debatable and there are differing opinions on short-term trading.We classified GNO as Shariah compliantAs I mentioned at the beginning of this article it is not necessary to substantiate the permissibility of something as long as there are no prohibited factors involved in it or surrounding it.Penggunaan cryptocurrency sebagai mata uang hukumnya haram, karena mengandung gharar (ketidakjelasan), dharar (bahaya) dan bertentangan dengan Undang-Undang nomor 7 tahun 2011 tentang Mata Uang dan Peraturan Bank Indonesia nomor 17 tahun 2015 tentang Kewajiban Penggunaan Rupiah di Wilayah Negara Kesatuan Republik Indonesia.Sebagaimana mata wang yang lain, mata wang digital hendaklah tidak digunakan sebagai bayaran kepada barangan, perkhidmatan dan aktiviti tidak patuh Syariah seperti pembelian dadah, pelacuran, perjudian dan pendanaan aktiviti keganasan serta penggubahan wang haram.The SAC has also resolved that investment and trading of Digital Assets that fulfil the above requirements and which are traded on Digital Asset Exchange (DAX) registered with SC are permissible.Third: In light of the above and given the significant risks associated with this type of currencies and the instability of their transactions, the Council of the Academy recommends pursuing research and studies on issues affecting its ruling.Bitcoin is a digital currency that does not meet the legal and Sharia criteria that make it a currency subject to the rulings of dealing with official legal currencies recognized internationally.بناءً على ذلك: فلا يجوز شرعًا تداول عملة "البتكوين" والتعامل من خلالها بالبيعِ والشراءِ والإجارةِ وغيرها، بل يُمنع من الاشتراكِ فيها؛ لعدمِ اعتبارِها كوسيطٍ مقبولٍ للتبادلِ من الجهاتِ المخُتصَّةِ، ولِمَا تشتمل عليه من الضررِ الناشئ عن الغررِ والجهالةِ والغشِّ في مَصْرِفها ومِعْيارها وقِيمتها، فضلًا عما تؤدي إليه ممارستُها من مخاطرَ عاليةٍ على الأفراد والدول.According to research and opinion of experts so far, cryptocurrency is not considered ‘ maal ’ (wealth) in Sharia.Muhammadiyah memandang transaksi dan investasi kripto pada dasarnya mubah (boleh) tetapi dengan syarat tertentu.Our current position is 'tawaquf'; we can't say it is halal or haram, but we say it is better not to engage in itAI-assisted analysis checked against sources. Not a fatwa or investment advice.
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