XAYA
WCHI
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
WCHI (Wrapped Xaya) is the ERC-20 wrapped representation of native CHI, designed to facilitate cross-chain gaming utility. The project's strongest attributes lie in its foundational architecture: a non-upgradable, audited (Solidified) smart contract with a hard-capped max supply of 77.3M tokens and a clean historical security record with no reported hacks, exploits, or regulatory actions. However, the project exhibits severe signs of stagnation across multiple key dimensions. Active development shows no verifiable upgrades or commits from 2024 to 2026, indicating a maintenance-only status. Community engagement is negligible, with only 509 on-chain holders and no active governance participation. Furthermore, WCHI operates as a micro-cap ($460K market cap) suffering from an unrecovered -98.5% drawdown from its 2021 all-time high, centralized bridge custody held by the core team, and stiff competition from dominant Layer-2 and gaming ecosystems. No qualifying red-flag events were established; the low overall score mathematically reflects prolonged inactivity, minimal adoption, and structural centralization.
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 XAYA (WCHI)
WCHI (Wrapped Xaya) is an ERC-20 token on the Ethereum blockchain that serves as the wrapped representation of CHI, the native coin of the Xaya blockchain gaming platform. Designed to facilitate cross-chain functionality, WCHI represents native CHI on a 1:1 basis and also exists across networks including BNB Smart Chain and Polygon PoS. The token operates alongside hash time-locked contracts (HTLC) to enable cross-chain swaps and provides platform utility within the Xaya ecosystem, including transaction fees, account and name registration, and in-game gateway interactions.
The project traces its foundational concepts back to the Huntercoin team in 2013. WCHI utilizes a non-upgradable smart contract architecture audited by Solidified with a fixed maximum supply of 77,303,904 tokens. The contracts were developed as a minimal ERC-20 implementation without administrative backdoors. WCHI tokens are maintained in reserve and released when users lock native CHI on the Xaya blockchain.
Despite having a clean historical security record with no reported smart contract exploits or regulatory actions, the project exhibits significant indicators of stagnation. Core development has adopted a maintenance-only posture, showing no verifiable software releases or dated technical upgrades between 2024 and 2026. Market activity is constrained, with WCHI operating as a micro-cap asset that has experienced an unrecovered drawdown of approximately 98.5% from its 2021 all-time high. In addition, the ecosystem maintains a minimal on-chain footprint with roughly 500 holders on Ethereum, no active decentralized governance forums, and centralized custody risks stemming from the team managing the bridge reserve.