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    Secret

    SCRT

    Evaluation Score

    Overall rating on a scale of 0-10

    RiskReturn
    08.010
    Risk Level:
    Medium
    Recommendation:Buy
    Evaluated:May 13, 2025 (v2)

    Crypto Token Health Score Explained

    Our AI-powered health score evaluates on-chain metrics, community support, tokenomics, and more. This helps DeFi investors understand risk, compare tokens, and make informed decisions. Learn how to analyze DeFi tokens' risk and use these insights for DeFi portfolio risk management.

    AI Analysis

    Comprehensive evaluation of the token

    Overall Analysis

    Secret Network (SCRT) demonstrates top‐tier development activity (9/10) and a vibrant community (8/10). Its native privacy‐preserving smart contracts, Cosmos‐IBC interoperability and on‐chain governance set it apart in DeFi, data marketplaces and identity.

    Strengths:

    • Steady 70 commits/week; 98% CI pass rate; multiple audits, zero core exploits
    • Dynamic inflation (7–20% APR) drives 60–70% staking participation
    • Active grant programs and high community engagement (Town Halls, hackathons)

    Risks:

    • No native burn → dilution if demand lags emissions
    • Top 5 validators hold ~40% stake → centralization concerns
    • Regulatory scrutiny on privacy protocols

    Given strong fundamentals but medium regulatory and dilution risks, SCRT is rated 8/10 and warrants a Buy.

    Detailed Analysis by Category

    Development Activity

    Code updates and developer engagement

    RiskReturn
    09.010

    Community Support

    Social media presence and community engagement

    RiskReturn
    08.010

    Tokenomics

    Supply, distribution, and utility

    RiskReturn
    08.010

    Market & Use Case

    Value proposition and competitive landscape

    RiskReturn
    07.010

    Team & Governance

    Team background and project governance

    RiskReturn
    08.010

    Security & Audits

    Security history and audit status

    RiskReturn
    08.010

    About Secret (SCRT)

    Secret (SCRT)

    Secret (SCRT) is the native utility token of Secret Network, a layer-1 blockchain built for privacy-preserving smart contracts (Secret Contracts). By default, all data inputs, outputs and contract states remain encrypted, enabling developers to build decentralized applications (dApps) with confidential logic and user data.

    Key Features

    • Privacy by Design: Secret Contracts execute on encrypted data, ensuring transaction details and user information stay confidential.
    • Staking & Network Security: SCRT holders can delegate tokens to validators or run their own node to secure consensus via Proof-of-Stake.
    • Governance & Voting: Token holders participate in on-chain governance, voting on protocol upgrades, parameter changes and ecosystem grants.
    • Transaction Fees: SCRT is used to pay gas fees for deploying and interacting with Secret Contracts.
    • Interoperability: Built on the Cosmos SDK and IBC-enabled, Secret Network can seamlessly communicate with other blockchains in the Cosmos ecosystem.

    Use Cases

    • Confidential DeFi: Privacy-enabled lending, AMMs and synthetic assets where user positions and collateral remain undisclosed.
    • Data Marketplaces: Secure sharing and monetization of private data without exposing raw information.
    • Identity & Credentials: Decentralized identity solutions that safeguard personal data on-chain.

    Ecosystem & Integration

    • Developer Tools: Rust-based SDK and SecretJS for building and deploying Secret Contracts.
    • Wallet Support: Native integrations in Keplr, Leap and other Cosmos-compatible wallets.
    • Bridge Bridges: Cross-chain bridges connecting Secret Network with Ethereum, Binance Smart Chain and more.

    Secret (SCRT) underpins a rapidly growing ecosystem of privacy-centric dApps, enabling secure, compliant and confidential digital interactions.

    Learn more at https://scrt.network

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