LUKSO [OLD]
LYXE
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
LYXE (LUKSO [OLD]) is the legacy ERC-20 token of the LUKSO ecosystem, which has been superseded by the native mainnet asset LYX. Multiple sections could not be evaluated due to data gaps resulting from the token's deprecated status: Active Development (-1.0), Community Support (-1.0), and Team and Governance (-1.0) were excluded from the weighted average, with their collective 50% weight redistributed proportionally across Tokenomics (40%), Market and Use Case (30%), and Security and Audit History (30%). Tokenomics scored 2.0/10 due to a defunct economic model with near-zero volume and unswapped supply. Market and Use Case scored 2.0/10 reflecting near-zero exit liquidity and a low market cap. Security and Audit History scored 4.5/10, acknowledging historical CertiK and Code4rena audits alongside contract centralization risks (mintability and holder concentration) and an unrecovered price crash cap. The final weighted score is 2.75/10.
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 LUKSO [OLD] (LYXE)
LUKSO [OLD] (LYXE) is a deprecated legacy ERC-20 token on the Ethereum network that migrated to the native mainnet asset LYX. Originally deployed to support the LUKSO blockchain project founded by Fabian Vogelsteller and Marjorie Hernandez, LYXE served as a temporary placeholder token prior to the launch of the project's own smart contract platform. The official LYXe to LYX migration process concluded on May 23, 2026, retiring the legacy contract from active use across the ecosystem.
Following the ecosystem's transition to its native mainnet, the economic and governance utility of LYXE ceased. The legacy token features defunct tokenomics characterized by conflicting total supply metrics between 90 million and 100 million tokens, no ongoing staking or emission schedules, and negligible trading volume. Trading aggregators and exchanges maintain the instrument under the label "LUKSO [OLD]" with near-zero exit liquidity, reflecting its status as an inert legacy asset with residual holdings remaining in unswapped migration contracts.
In terms of security and audits, the project underwent a CertiK review and a competitive Code4rena audit in 2023, and no instances of hacks, exploits, depegs, or regulatory actions were recorded. However, automated contract analysis identified centralization risks on the Ethereum contract, including token mintability capabilities, external contract calls, and a concentrated major holder ratio of approximately 24.47% excluding exchange and locked balances. Additionally, LYXE experienced an unrecovered price crash as capital and development activity moved permanently to the successor LYX asset.