Grass
GRASS#153Grass lets people share unused internet bandwidth to collect public web data for AI buyers; GRASS is its Solana token, staked to routers.
- Market cap
- $175.47M
- Volume 24h
- $35.33M
- All-time high
- —
- Circulating supply
- 243.91M
Passes all 8 Shariah criteria.
- 8 pass
- 0 caution
- 0 fail
Verdict history
- HalalCurrent
First publication
Fundamentals, market picture and news will appear here.
Halal analysis
Can a Muslim hold Grass?8 Shariah criteria
8 pass · 0 caution · 0 failHolding GRASS pays nothing; staking rewards come from router incentives, but delegation is passive and there is no slashing.
Riba is interest or any guaranteed increase on a loan. GRASS has no lending function. Holders delegate to routers, which do the work of routing traffic, and share their rewards minus commission; a 30 million GRASS pool funds router rewards until network fees take over. Nobody borrows the tokens, but delegators earn without work and slashing is not implemented, so the score is just below the maximum.
GRASS is the staking token of a working data network with real revenue.
This criterion asks whether the asset has real value as property (mal). GRASS is staked to the routers of a network that reported $17 million in revenue in H1 2026. Sharlife rates it permissible, so the general scholarly debate about crypto is reflected in confidence rather than this score.
GRASS is a network token, not a game of chance.
Maysir is gambling: gaining or losing by chance rather than through productive exchange. GRASS has no lottery or meme mechanics; users earn by sharing bandwidth. No coin-specific gambling feature is documented, so the criterion is at the maximum.
Grass earns by selling public web data to AI and enterprise buyers.
This criterion asks how the project earns. Grass sells structured public web data to AI companies and enterprises and pays contributors in USDC. It says it handles only public pages, not personal data. No source shows interest-based or other impermissible revenue, so the criterion is at the maximum.
Allocation is published, but insiders hold 70% and it is unclear how revenue reaches token holders.
Gharar is excessive uncertainty or hidden information. Grass publishes its allocation and vesting. Two concrete points lower the score within pass: investors, contributors and the foundation hold 70% of supply, and the sources reviewed do not explain how the network's dollar revenue benefits GRASS holders or stakers. Traffic is also concentrated, with about 150,000 users carrying about 90% of it.
GRASS is used for staking to routers in a working network.
This criterion looks at what the asset is actually used for. GRASS is delegated to routers that carry network traffic. No impermissible primary use is documented, so the criterion is at the maximum.
Fully paid spot GRASS is available on exchanges and Solana DEXs and can be held in any Solana wallet.
This criterion asks whether the asset can be owned in a permissible way. GRASS trades spot and is an ordinary SPL token that can be held in self-custody. Ownership does not depend on derivatives or leverage, so the criterion is at the maximum.
Grass pays ordinary users for idle bandwidth and supplies data for AI; no concrete harm is documented.
Maslahah weighs benefit against harm. Grass has paid about $3 million in USDC to 6.29 million contributors and says it never touches personal data. No source collected documents misuse of the network or a security incident, so the criterion is at the maximum.
How you can use it
Tap a card for the ruling and sourcesBuying GRASS with full payment and immediate delivery is available on exchanges and Solana DEXs, and the tokens can be moved to a self-custody wallet. This is the clean way to own a HALAL-rated asset.
No GRASS exchange-traded fund was found as of 1 October 2026. A product that holds GRASS itself and does not lend it would be judged like spot; its structure would need to be checked.
GRASS is not used to pay for goods or services; contributors are paid in USDC. Tier-1 bodies such as Indonesia's MUI rule that using cryptocurrency as currency is not permissible.
Delegating GRASS to routers shares their rewards minus commission, funded from a router incentive pool rather than lending. Delegators do no work and slashing is not yet implemented, so the reward is passive; exchange products promising a fixed return should be checked.
Margin trading in GRASS is offered by some exchanges but is never acceptable: it is a deferred exchange with borrowed money and leverage (AAOIFI SS 20).
GRASS futures and perpetuals are offered by derivatives exchanges, but futures, perpetuals and options always fail under AAOIFI SS 20: deferred exchange without delivery, usually with leverage.
Lending GRASS through exchange or DeFi lending programmes pays depositors interest from borrowers. This is riba.
Yield products on GRASS outside native delegation get their return from lending or similar interest-like sources and fail.
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.As 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.
Where it trades
Section in preparation
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