Oraichain
ORAI
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
Oraichain (ORAI) presents a technical foundation combining AI oracle services with Layer 1 blockchain capabilities, showing active codebase upgrades (v0.50.9/v0.50.13) and a credible, publicly identified team (scored 7.5 and 7.0 in development and governance, respectively). However, the project faces severe fundamentals and security headwinds. Tokenomics (5.0) and Community Support (4.0) reflect high centralization risks, legacy token overhang, and low engagement. Furthermore, Market and Use Case (3.0) is weighed down by a >99% price crash from all-time highs and minimal market liquidity. Most critically, the Security and Audit History section (3.0) documents a qualifying red-flag event: "According to Coinfomania (dated August 10, 2026), Oraichain suspended its network operations after a vulnerability in an EVM cross-chain transfer path enabled unauthorized minting of ORAI." This recent supply-integrity flaw and network suspension trigger the Red-Flag Cap, capping the overall weighted average of 5.05 down to 5.0.
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 Oraichain (ORAI)
Oraichain (ORAI) is a Cosmos SDK-based Layer 1 blockchain founded in 2020 that integrates artificial intelligence (AI) oracle services and a decentralized AI marketplace. Supporting both CosmWasm and EVM environments, the network connects smart contracts with AI APIs and data feeds. The native token, ORAI, operates across its native chain as well as Ethereum and BNB Chain via smart contract wrappers. It serves multi-role utility across the network, including paying for AI oracle requests and execution, transaction fees, validator staking, and governance participation. The network features a hard-capped maximum supply of 19,779,272 ORAI alongside a fee-linked inflation mechanism and token burns.
The project is led by a public team with academic backgrounds and is governed through an on-chain DAO structure alongside community discussions. Development has included updates to upstream Cosmos SDK v0.50 releases (such as mainnet v0.50.9 and v0.50.13), an EVM testnet, and supporting infrastructure like OWallet. The community has also engaged in governance measures, such as Proposal #319 ("ORAI Tokenomics 2026"), to address tokenomics adjustments and legacy token overhang.
Oraichain has encountered notable security vulnerabilities and substantial market headwinds. In August 2026, network operations were suspended following an exploit in an EVM cross-chain transfer path that permitted unauthorized minting of ORAI tokens; retrieved reports did not disclose the financial loss figure. In addition to centralization risks associated with Foundation and insider token holdings and an unexplained supply discrepancy on its BEP-20 wrapper, ORAI has experienced severe market contraction, declining approximately 99.7% from its all-time high of $105.76 alongside subdued daily trading volume.