Wrapped EGLD
WEGLD
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
Whale Pulse
Large transaction flow (>$10k)
No whale transactions >$10k detected recently for WEGLD.
AI Analysis
Comprehensive evaluation of the token
WEGLD (Wrapped EGLD) receives a high overall score driven by its status as a fundamental infrastructure component of the MultiversX ecosystem. As the canonical wrapped asset pegged 1:1 to EGLD, it inherits the robust tokenomics (8.5) and decentralized governance (9.5) of the native chain, managed directly by the credible MultiversX foundation. Development (8.5) is characterized by high engineering standards and active maintenance within the core repository. The token solves a critical interoperability need (Market & Use Case: 8.5), enabling EGLD to be used across DeFi protocols. The score is slightly tempered by Community Support (6.8), which reflects mixed social sentiment and a consolidation phase for the broader network, and Security (8.0), which acknowledges a resolved 2022 incident caused by a VM vulnerability rather than contract logic. Overall, WEGLD is a secure, low-risk utility token essential for ecosystem participants.
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
