Powerledger
POWR
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
Powerledger (POWR) is an established energy-trading and carbon tracking project led by a fully public executive team (including Dr Jemma Green and John Bulich) with real-world enterprise deployments, such as Calcutta Electricity Supply Corporation. Recent active development includes multichain expansion to Solana via Wormhole NTT and ongoing product shipping such as the TraceX REC marketplace. However, the project's overall profile is constrained by multiple structural factors: organic community engagement is weak with no decentralized on-chain governance, tokenomics present dilution risk from a 43% non-circulating supply overhang without documented vesting transparency or strong value accrual mechanisms, and there is an absence of verifiable third-party smart contract audits for the token contract. No qualifying red-flag events (such as exploits, insolvencies, regulatory enforcement, or hostile spot delistings) were established. The weighted score reflects operational maturity and real utility weighed down by legacy governance, thin community involvement, and audit data limitations.
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 Powerledger (POWR)
Powerledger (POWR) is an energy-trading and carbon tracking platform designed for peer-to-peer renewable energy trading, Renewable Energy Certificate (REC) tracking, and carbon credit issuance. Co-founded by Executive Chairman Dr. Jemma Green and Technical Director John Bulich, the project deploys software solutions such as the TraceX REC marketplace and maintains enterprise relationships, including an integration with the Calcutta Electricity Supply Corporation. Originally issued as an ERC-20 token on Ethereum, POWR expanded natively to Solana via Wormhole Native Token Transfers (NTT) to support energy-focused validator configurations.
The POWR token functions primarily as an access and licensing mechanism for enterprise clients and participants utilizing the Powerledger platform. The token has a fixed maximum and total supply of 1,000,000,000 tokens, with approximately 57% in active circulation. The protocol does not employ native token burns, buybacks, or automated staking emissions, and on-chain fee settlement mechanisms remain slated for future development phases.
The project carries several operational, structural, and market-related risks. Powerledger operates under a centralized corporate governance model with no active decentralized autonomous organization (DAO) or token holder voting mechanisms. An estimated 43% of the token supply remains uncirculated without publicly documented vesting and unlock schedules, creating a potential supply overhang. Additionally, there is an absence of verifiable third-party smart contract audit reports for the token contract, Binance discontinued margin trading support for POWR in August 2026, and the asset has experienced an unrecovered drawdown of more than 90% from its January 2018 all-time high.