AscendEx

AscendEx (ASD) presents a high-risk investment profile characterized by strong tokenomics but fundamentally weak platform metrics. The project's overall weighted score is dragged down significantly by poor performance in security, community trust, and development transparency. While the tokenomics structure is a standout strength (7.2/10)—featuring a deflationary model and a very high circulating supply ratio—the utility of the token is entirely dependent on the AscendEx exchange ecosystem, which faces severe challenges. The platform suffers from lasting reputational damage due to a $77 million hack in 2021 and ongoing user complaints regarding frozen funds and poor support. Additionally, the project lacks public code audits and struggles with low market relevance compared to competitors like BNB or KCS. Although the leadership team is experienced and successfully reimbursed hack victims, the combination of technical opacity, security risks, and negative sentiment makes this a precarious asset.