Radworks
RAD
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
Radworks (RAD) displays solid governance transparency and institutional processes, supported by public leadership and detailed historical Foundation financial reporting. However, the token suffers from weak organic demand drivers, a small and low-activity community base, and an approximate 99% drawdown from its all-time high. While development continues on roadmap milestones and on-chain governance remains functional without any recorded security exploits or regulatory actions, the lack of verifiable named third-party code audit reports and limited economic token sinks constrain its valuation profile. No qualifying red-flag events or data gaps were present across the evaluated sections.
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 Radworks (RAD)
Radworks (RAD) is the native governance token of the Radworks Network, a decentralized developer-infrastructure ecosystem. Operating as an ERC-20 token on the Ethereum blockchain, RAD is primarily utilized for on-chain governance, enabling holders to vote on Radworks Governance Proposals (RGPs) and participate in the management of the project's treasury. The network's technical development has historically been structured into specialized initiatives, including Radicle and Drips, managed through governance committees and public Foundation disclosures.
The core functionality of RAD is currently focused on protocol governance. Structured vesting schedules and token unlocks concluded in 2025. While infrastructure reward mechanisms have been referenced in project roadmaps, verifiable utility drivers beyond governance voting remain limited, with no active token burn or buyback mechanisms in place. The project is led by public founders, including Eleftherios Diakomichalis, and has maintained regular operational transparency through annual foundation spending reports.
RAD has experienced significant market contraction, suffering an approximate 99% price drawdown from its all-time high of $27.61 to trade in the $0.20 to $0.24 range. While the project has no recorded history of security exploits, insolvency, or regulatory proceedings, independent evaluations note the absence of verifiable named third-party code audit reports. Additionally, the network maintains a relatively small on-chain holder base of fewer than 8,000 addresses and low overall community activity.