e-Radix
EXRD
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
EXRD (e-Radix) is the wrapped ERC-20 representation of Radix's native XRD token on Ethereum. The parent Radix ecosystem maintains active protocol development and solid audit credentials (including Hacken audits for Radix Engine and a CertiK Skynet score of 82.10 with no recorded exploits or legal actions), but the EXRD token itself is largely dormant. EXRD suffers from stagnant holder growth, near-zero trading volume ($1.6K-$9K daily), and a severe -99.90% price drawdown with a sub-$600K market cap as activity and focus have shifted to the native Radix Public Network. A data gap was noted in Team and Governance due to insufficient specific data (-1.0), which was excluded from the weighted score calculation. Given the token's functional dormancy and extreme liquidity decay, investment risk is very high.
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About e-Radix (EXRD)
EXRD (e-Radix) is an ERC-20 wrapped token launched in November 2020 on the Ethereum blockchain, representing the native XRD token of Radix DLT. Designed as an intermediate distribution token and a permanent bridge link between Radix and Ethereum, eXRD operates with a dynamic supply that is backed 1:1 by native XRD. Its supply expands when native tokens are wrapped on Ethereum and contracts when they are unwrapped, offering a vehicle for accessing Ethereum decentralized finance protocols without conferring native network governance or staking rights.
While the eXRD smart contract has seen no token-specific development updates since its initial deployment, the parent Radix ecosystem has maintained protocol-level development. The underlying Radix Engine codebase was evaluated through two security audits by Hacken in 2023, receiving an overall score of 9.4 out of 10, and CertiK Skynet assigned the token a security rating of 82.10. No security exploits, smart contract hacks, regulatory enforcement actions, or legal proceedings have been documented for the token.
Despite the clean security record, EXRD has experienced a major market drawdown and functional dormancy as ecosystem focus shifted toward the native Radix Public Network. The token has suffered a price collapse of approximately 99.90% from its all-time high of $0.6602, with its market capitalization declining below $600,000 and daily trading volumes dropping to between $1,600 and $9,000. Furthermore, the token exhibits a stagnant holder base of roughly 13,600 to 13,700 addresses alongside an absence of active governance engagement.