Meridian
MRDN
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
MRDN (Meridian) suffers from severe data gaps and name collisions across multiple core evaluation areas. Three sections—Active Development, Market and Use Case, and Team and Governance—could not be scored (rated -1.0) due to search collisions with unrelated projects and the Nasdaq-listed equity Meridian Holdings Inc. (MRDN). Among the evaluable areas, Community Support is extremely weak (1.0/10), reflecting a near-total absence of discoverable social presence, governance activity, or public discussion. Tokenomics (5.5/10) outlines a 700M hard cap on Base with emission halvings and cashback utility, though it lacks transparency regarding token allocation, vesting schedules, and circulating supply. Security and Audit History (3.0/10) indicates high risk with no independent smart contract audits, an extreme micro-cap valuation (~$545k), and poor website security ('E' grade). No qualifying red-flag exploit or regulatory enforcement was identified, but the severe information asymmetry and negligible community footprint present significant risks.
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 Meridian (MRDN)
Meridian (MRDN) is a cryptocurrency token deployed on the Base network, designed to function as a payment-rail protocol for artificial intelligence agent frameworks across EVM-compatible networks. The protocol incorporates utility mechanics such as x402 payment cashbacks, which are capped at $5 per transaction, aiming to link token demand directly to payment activity within its network.
The tokenomics of MRDN outline a hard emission cap of 700 million tokens with an emission halving mechanism occurring every 50 million tokens. While the emission schedule decelerates over time, the protocol does not feature token burn or buyback mechanisms. Key details regarding initial token allocations, vesting schedules, and circulating supply metrics remain undisclosed in available documentation.
The project faces notable transparency and security concerns. Independent smart contract audits by recognized security firms have not been verified, and technical assessments have flagged the protocol as high risk, citing poor application and website security ratings. In addition, Meridian maintains a minimal public footprint with limited discoverable community engagement and significant information gaps regarding its development team and governance structure.