Terra Classic
LUNC#117LUNC is the token of Terra Classic, the original Terra blockchain kept running by its community after the 2022 collapse.
- Market cap
- $290.89M
- Volume 24h
- $12.25M
- All-time high
- —
- Circulating supply
- 5.52T of 6.45T
Passes our 8 Shariah criteria. Needs caution: excessive uncertainty (gharar).
- 7 pass
- 1 caution
- 0 fail
Verdict history
- HalalCurrent
First publication
Fundamentals, market picture and news will appear here.
About Terra Classic
LUNC is the token of Terra Classic, the original Terra blockchain kept running by its community after the 2022 collapse.
Terra was a blockchain built around the TerraUSD (UST) stablecoin, with Luna as its reserve and staking token. In May 2022 UST lost its peg and the system collapsed, wiping out an estimated $40 billion. A new chain took the Luna name, and the original chain continued as Terra Classic, with its token renamed LUNC.
Terra Classic is now run by a community of validators without Terraform Labs, the original company. Co-founder Do Kwon pleaded guilty to fraud and was sentenced to 15 years in prison in December 2025. Volunteers maintain the node software; they released a mandatory fix for a critical smart-contract vulnerability on 14 September 2026.
LUNC pays network fees and secures the chain through delegated proof of stake: holders delegate to validators and share rewards, and validators can be penalised for double-signing or downtime. No new LUNC is minted. A 1.5% on-chain burn tax and exchange burn campaigns slowly reduce a very large supply of about 6.45 trillion LUNC.
Sources · 6
AI-assisted analysis checked against sources. Not a fatwa or investment advice.
Key facts
- Whitepaper
- terra.money/static/Terra_White_Paper.pdf
- Creator
- Terraform Labs (original); now community-run
- Issuer
- None
- Consensus
- Delegated Proof of Stake
- New supply
- 0.00% a year
What it is used for
- Paying fees on the Terra Classic chain
- Delegating to validators to help secure the network
- Voting on Terra Classic governance proposals
- Spot trading and self-custody
Market data
- Market cap
- $290.89MRank #117
- Fully diluted value
- $340MAt 6.45T LUNC
- Volume 24h
- $12.25M4.21% of market cap
- Total supply
- 6.45T LUNCIssued so far
- All-time high
- —
- All-time low
- —
- Circulating supply
- 5.52T LUNC85.5% of max supply
- Max supply
- 6.45T LUNCFixed by protocol
Where it trades
Section in preparation
Similar halal assets
Halal verdict, same category