Aussie Dollar Token
AUDX
Evaluation Score
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Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
AUDX (Aussie Dollar Token) is an Australian dollar-pegged stablecoin issued by TAU Pty Ltd on Ethereum. While the issuing entity is registered with AUSTRAC and publishes formal disclosure documentation, the project exhibits significant structural and operational weaknesses. Although operational mint/burn activity occurs alongside integrations on Independent Reserve and Kraken, AUDX lacks formal third-party smart contract audits and regular, publicly verifiable reserve attestations. Market adoption is negligible, marked by low circulating market capitalization (~$1M–$2M), near-zero daily trading volume, extreme supply concentration (top holders control ~87%), and an absence of active community governance or social engagement. No qualifying red-flag events such as exploits, depegs, or regulatory enforcement actions were identified, but the severe lack of liquidity and reserve transparency substantially elevates risk.
Development Activity
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Community Support
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Tokenomics
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Market & Use Case
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Team & Governance
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Security & Audits
Security history and audit status
About Aussie Dollar Token (AUDX)
Aussie Dollar Token (AUDX) is a fiat-backed stablecoin pegged to the Australian dollar (AUD), issued by Sydney-based entity TAU Pty Ltd. Operating primarily as an ERC-20 token on the Ethereum blockchain—with operational presence also noted on Polygon—AUDX is designed for Australian dollar settlements, real-world asset (RWA) tokenization, collateralized lending, and cross-border trade flows. TAU Pty Ltd is registered with AUSTRAC and publishes standard financial disclosure documentation, including a Product Disclosure Statement and Target Market Determination.
AUDX manages its circulating supply through an on-chain mint-and-burn mechanism, intended to reflect fiat reserves held in trust under the Australian Corporations Act. The token has received exchange integrations on platforms such as Independent Reserve and Kraken. However, on-chain adoption and liquidity remain low, with a market capitalization between $1 million and $2 million, minimal daily trading volumes, and a holder base limited to under 200 addresses.
Governance is fully centralized under the issuing entity, with no decentralized autonomous organization (DAO) or voting rights granted to token holders. While AUDX has not experienced security breaches, depegs, or regulatory enforcement actions, structural risks include the absence of a formal third-party smart contract audit, irregular and unverified public reserve attestations, a proxy-contract upgrade architecture, and heavy supply concentration with major holders controlling approximately 86.9% of the supply.