Inter Stable Token
IST
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
IST (Inter Stable Token) is an overcollateralized, crypto-backed stablecoin issued via Inter Protocol on the Agoric blockchain, designed to serve as an interchain-native stable asset and platform fee token. The project demonstrates significant fundamental challenges across multiple evaluated dimensions. Development activity appears stalled to dormant, with an absence of verifiable recent shipping signals or active GitHub/governance activity in public records (Score: 2.0). Market adoption is severely constrained, characterized by a small market capitalization of ~$1.4M, negligible daily trading volume ($83 to $3,252), and notable peg instability ($0.91-$1.25 range) in a highly competitive stablecoin landscape (Score: 2.5). Team and Governance reflects decentralized control via Agoric BLD stakers rather than IST holders directly, with no explicit individual team transparency, though with no record of protocol-level governance failures (Score: 5.5). Significant data gaps were identified in Community Support, Tokenomics, and Security and Audit History (all scoring -1.0), as search records returned insufficient IST-specific data, excluding them from the weighted average. With remaining weights redistributed across Active Development (40%), Market and Use Case (30%), and Team and Governance (30%), the resulting weighted score is 3.2.
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 Inter Stable Token (IST)
IST (Inter Stable Token) is an overcollateralized, crypto-backed stablecoin issued by Inter Protocol on the Agoric blockchain. Designed to function as an interchain-native stable asset and the platform fee token for Agoric, IST is also bridged across Cosmos-ecosystem chains including Osmosis, Archway, and Secret Network via the Inter-Blockchain Communication (IBC) protocol. Governance of Inter Protocol is conducted by Agoric BLD stakers rather than directly by IST token holders.
IST operates within a competitive stablecoin sector but maintains a severely constrained market footprint, with a market capitalization of approximately $1.4 million and daily trading volumes between $83 and $3,252. The asset has demonstrated historical peg instability, fluctuating within a range of $0.91 to $1.25. Additionally, the project exhibits a stalled-to-dormant public development posture, characterized by a lack of verifiable recent development signals or shipping activity in public records, alongside an absence of verifiable public security audit documentation.