Push Protocol
PUSH
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
Push Protocol (PUSH) exhibits strong active development (Score 8.0/10) with consistent repository updates, CI/test frameworks, and ongoing expansion into the Push Chain L1 architecture. Security and audit history (Score 6.5/10) is solid, featuring historical smart contract audits by ChainSafe, recent Push Chain audits by Hacken, an active Immunefi bug bounty, and no documented exploits or regulatory actions. However, these technical strengths are offset by severe commercial headwinds. Market and use case viability is weak (Score 3.0/10), characterized by a micro-cap valuation (~$500K), constrained daily trading liquidity ($28K–$105K), and unverified organic messaging volume. Community engagement (Score 5.0/10) and Team/Governance (Score 5.5/10) show formal structures (PIP process, DAO forum) but limited current activity. Crucially, tokenomics (Score 5.5/10) reflects substantial structural transition risk, as PUSH represents a legacy token undergoing migration and redenomination toward Push Chain's proposed 10 billion supply. Because the project is actively migrating away from its legacy token architecture and rebranded from EPNS to Push Chain, investors face severe transition and dilution uncertainties.
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 Push Protocol (PUSH)
Push Protocol (PUSH), formerly known as Ethereum Push Notification Service (EPNS), is a legacy token currently undergoing a migration and structural transition to Push Chain, a universal Layer 1 blockchain architecture. Operating with smart contracts on Ethereum and Polygon PoS, the protocol was established to provide a decentralized communication and notification layer across Web3 networks. The legacy PUSH token was designed to facilitate message broadcasting payments, staking incentives, and community governance within the Push DAO.
The protocol's governance infrastructure utilizes a Push Improvement Proposal (PIP) process and a dedicated governance forum. Technical development has expanded toward Push Chain, incorporating node infrastructure (pchaind) alongside EVM and Solana gateway contracts. The protocol's smart contracts have historically been audited across multiple versions by ChainSafe, with Push Chain components evaluated by Hacken and an ongoing bug bounty hosted on Immunefi. Available records indicate no documented security exploits, regulatory enforcement actions, or bad-debt insolvencies.
Despite active development, the project faces notable transition risks and constrained market presence. The migration to Push Chain introduces structural dilution and re-denomination uncertainties associated with a proposed 10 billion token supply, alongside missing circulating supply metrics on the legacy asset. Additionally, market metrics reflect an extremely small valuation of roughly $478,000 to $529,000, low daily trading volumes between $28,000 and $105,000, and unverified organic notification volume.