Verus
VRSC
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
Verus (VRSC) demonstrates solid fundamentals in certain technical and tokenomic aspects, featuring an active development cadence, a 100% fair launch with zero ICO or premine, and a fixed supply cap with ~96% of tokens already in circulation. However, the project suffers from low community engagement visibility, severe market illiquidity, and depressed trading volume. Crucially, the overall score is subject to the Red-Flag Cap due to a catastrophic and recent exploit. Specifically, the Security and Audit History section establishes that: "Major incident — Verus–Ethereum Bridge exploit (May 17–18, 2026): This is a confirmed, catastrophic security failure. A threat actor exploited a missing source-amount validation in the Verus–Ethereum Bridge smart contract, forging a cross-chain import payload that passed all cryptographic checks while committing zero value on the source chain — turning roughly $10 in VRSC fees into an ~$11.58M payout (a return of over 1,000,000×)." Because this >$10M exploit occurred recently (May 2026) without confirmed recovery, the unadjusted weighted average score of 5.31 is capped at 5.0.
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 Verus (VRSC)
Verus (VRSC) is an open-source, privacy-focused Layer-1 blockchain protocol launched in 2018 through a fair launch distribution with no initial coin offering, premine, or venture capital funding. The network utilizes a hybrid consensus model known as Proof of Power, which divides block validation equally between 50% Proof-of-Work using the VerusHash algorithm and 50% Proof-of-Stake. The protocol incorporates zero-knowledge privacy, self-sovereign identity (VerusID), Public Blockchains as a Service (PBaaS), and cross-chain bridging functionality connecting to networks such as Ethereum.
The project's native cryptocurrency, VRSC, has a fixed maximum supply of 83,540,184 tokens with roughly 96% of the supply in circulation and emissions regulated by a halving schedule. The core codebase is developed openly by a public team that includes Michael J. Toutonghi, Max Theyse, Chris Monkins, and rozo, with protocol upgrades adding features such as the Verus Vault and VerusID NFT Marketplace.
The network has experienced critical security and market challenges. On May 17–18, 2026, the Verus–Ethereum Bridge suffered a major exploit resulting from a missing source-amount validation flaw in the bridge smart contract, enabling an attacker to drain approximately $11.58 million in ETH, tBTC, and USDC reserves without subsequent recovery. Additionally, Verus has not completed verified third-party security audits from recognized firms. In the market, VRSC exhibits constrained liquidity, limited exchange support, and a price drawdown of 96.9% from its all-time high.