UPCX
UPC
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
UPC (UPCX) presents severe structural and security risks that undermine its viability as an investment. In Security and Audit History, a qualifying red-flag event is affirmatively established: "On April 1, 2025, a hacker gained control of a UPCX smart contract (via compromised credentials/weak access control per Cyvers' Meir Dolev) and stole approximately $70 million in UPC tokens, making it one of the largest crypto hacks of 2025 to that point (exceeding the ~$33M stolen across all of March 2025)." This catastrophic breach, stemming from access control and key management vulnerabilities, resulted in massive token outflows and heavy supply concentration in the exploiter's address. Active development is virtually stalled with no measurable commit or release activity since May 2024. Tokenomics are impaired by ~85% of supply remaining non-circulating without clear vesting schedules, combined with highly inconsistent market data across aggregators. Governance remains heavily centralized within an internal compliance committee lacking decentralized or DAO mechanisms. Community Support suffered from insufficient data (-1.0) and was excluded from the weighted score calculation, redistributing weight across the remaining categories.
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 UPCX (UPC)
UPCX (UPC) is a blockchain-based payments and financial services project founded in 2023 in Singapore. The platform is designed to facilitate high-speed payment settlements, integrated on-ramp connections, and financial transaction processing. Although the project launched its mainnet around October 2024, it maintains core operations, bridge connections, and smart contracts on the Ethereum network. UPC has a fixed total supply of 780,000,000 tokens, of which approximately 14.3% is in active circulation, with the remaining balance lacking publicly detailed vesting or allocation schedules.
Governance of the UPCX network is concentrated within an internal compliance committee rather than a decentralized autonomous organization (DAO) or token-holder voting mechanism. The project's public software repositories reflect limited ongoing development activity following a May 2024 roadmap release, with an absence of verifiable code commits, releases, or active developer engagement. Market capitalization and circulating supply figures also exhibit significant discrepancies across major crypto data aggregators.
On April 1, 2025, UPCX suffered a major security breach when an attacker gained unauthorized control of a project smart contract via compromised credentials and access control vulnerabilities. The exploit resulted in the theft of approximately $70 million in UPC tokens, prompting a temporary freeze of network transactions. Following the incident, the project commissioned a security audit from CertiK, completed in November 2025, which reviewed bridge and asset management contracts and acknowledged several medium and centralization-related findings.