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    Iron Bank EUR

    IBEUR

    Evaluation Score

    Overall rating on a scale of 0-10

    RiskReturn
    01.810
    Risk Level:
    Very High
    Recommendation:Avoid
    Evaluated:August 28, 2026 (v14)

    Dimension Breakdown

    Development Activity1.0
    Community HealthN/A
    Tokenomics2.5
    Market & Use Case2.0
    Team & GovernanceN/A
    Security & AuditsN/A

    AI Analysis

    Comprehensive evaluation of the token

    The synthesis for IBEUR (Iron Bank EUR) reflects a severely degraded asset with substantial data limitations. Three sections suffered from complete data gaps and received scores of -1.0 due to search contamination and lack of verifiable primary documentation: Community Support, Team and Governance, and Security and Audit History. Redistributing weight across the remaining sections yields a baseline from Active Development (1.0/10), Tokenomics (2.5/10), and Market and Use Case (2.0/10). Active development has stalled since mid-2024 with no recent upgrades or audits. In tokenomics and market positioning, IBEUR is a synthetic euro asset that has suffered a catastrophic depeg from its €1.00 target (reported as low as ~$0.004) within a largely dormant Iron Bank lending ecosystem characterized by near-zero volume and minimal liquidity. The mathematical weighted score is 1.82/10, reflecting extreme structural and market risks.

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    Development Activity

    Code updates and developer engagement

    RiskReturn
    01.010

    Community Support

    Social media presence and community engagement

    Insufficient Data

    Tokenomics

    Supply, distribution, and utility

    RiskReturn
    02.510

    Market & Use Case

    Value proposition and competitive landscape

    RiskReturn
    02.010

    Team & Governance

    Team background and project governance

    Insufficient Data

    Security & Audits

    Security history and audit status

    Insufficient Data
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    About Iron Bank EUR (IBEUR)

    IBEUR (Iron Bank EUR) is an ERC-20 euro-pegged synthetic stablecoin deployed on the Ethereum blockchain, designed to provide on-chain euro exposure within the Iron Bank lending ecosystem. Associated with the Iron Bank platform hosted under Yearn Finance, the token was established to function as a euro-denominated asset with a circulating supply of 3,000,000 units.

    The token has experienced a severe depeg and price collapse from its intended €1.00 parity, with price tracking recording valuations dropping as low as approximately $0.004. This decline occurred alongside the broader dormancy of the Iron Bank ecosystem, where the associated governance token ceased trading on major exchanges amid near-zero trading volume and minimal market liquidity.

    Project development has remained stalled since mid-2024, with no documented code releases, protocol upgrades, or changelogs produced thereafter. Additionally, the token lacks verified independent smart contract audits and exhibits substantial documentation gaps regarding active governance and community support.

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