IDRX

IDRX presents a distinct profile as a fiat-collateralized stablecoin pegged to the Indonesian Rupiah. Its technical and operational foundation is strong, evidenced by a high 'Security and Audit History' score (9/10) due to a clean record and CertiK audits, and a robust 'Team and Governance' score (8/10) backed by the credible leadership of PT IDRX Indo Inovasi and ties to Indodax. The tokenomics are sound for a stablecoin, relying on a 1:1 reserve model rather than speculation. However, the project's overall score is significantly dampened by its lack of open-source activity ('Active Development' score 1.5/10) and a stagnant, exchange-dependent community ('Community Support' score 3.5/10). While low development velocity is acceptable for finished immutable contracts, the lack of independent ecosystem growth and low trading volumes compared to competitors like IDRT limits its utility. IDRX is a secure, functional utility token for hedging and remittances within the Indonesian market, but it is not a growth asset.