Wrapped A7A5
WA7A5
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
WA7A5 (Wrapped A7A5) is an unaudited, highly centralized wrapper for a ruble-pegged stablecoin issued in Kyrgyzstan. The token exhibits critical vulnerabilities across all analyzed dimensions. A significant data gap was present in Community Support (-1.0), requiring its 15% weight to be redistributed across the remaining five categories. Active Development (4.5) indicates maintenance-only documentation with closed-source wrapper contracts and unverified attestation schedules. Tokenomics (4.0) suffers from extreme centralization, negligible on-chain adoption (188 holders), and reliance on an opaque entity. Market and Use Case (1.0) reveals a severely broken peg, near-zero authentic volume with heavy historical wash trading, and severe network decay following the collapse of the Grinex exchange ecosystem. Team and Governance (2.5) lacks public identity, verifiable licensing, and decentralized oversight. Security and Audit History (1.5) reflects the complete absence of independent smart contract audits and critical exposure to sanctions designations against the underlying A7A5 asset and Grinex documented in 2025/2026. With an overall weighted score of 2.9/10, the asset carries immense structural and regulatory hazards.
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 Wrapped A7A5 (WA7A5)
WA7A5 (Wrapped A7A5) is a non-rebasing, wrapped token representing A7A5, a Russian ruble-pegged stablecoin issued under Kyrgyzstan cryptocurrency regulations. The token functions as a derivative designed to provide decentralized finance compatibility, with trading integrations including a Curve Finance pool and an HTX listing. Mechanically, WA7A5 is minted and burned based on user demand, with income from underlying bank deposits intended to accrue directly within the wrapper contract to adjust its redemption value over time.
The project operates under a highly centralized governance model managed by an anonymous or opaque operations team, lacking decentralized autonomous organization (DAO) oversight or token-holder voting. The smart contract code is closed-source, and independent security audits by recognized firms are absent. In addition, the project lacks verified licensing documentation and has not provided regular attestations following an initial May 2025 audit by Kreston Bishkek.
WA7A5 faces severe market and regulatory challenges. The token suffers from a broken peg, trading at approximately $0.0136, alongside low genuine transaction volume, thin on-chain holder distribution, and evidence of historical wash trading. Activity declined substantially following the collapse of the Grinex exchange ecosystem. Furthermore, the underlying A7A5 asset and Grinex were subjected to sanctions designations during 2025—as documented in the Chainalysis 2026 Crypto Crime Report—creating substantial legal, compliance, and counterparty risks alongside associations with Promsvyazbank.