Wrapped IMX
WIMX
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
WIMX (Wrapped IMX) is a wrapped derivative token created to provide composability for native IMX within the Immutable zkEVM ecosystem. Two sections lacked sufficient project-specific data to be scored: Active Development (the token functions as a static, passive artifact following the sunsetting of the Immutable X chain and migration to zkEVM) and Security and Audit History (search results contained no token-relevant audits or incident records, returning only homonymous microprocessor and kernel CVEs). Weight was proportionally redistributed among the remaining four sections.
WIMX scores poorly across community support (2.5/10) and market utility (3.0/10) due to thin liquidity ($60k-$94k daily volume on QuickSwap V3), a lack of independent social presence, and strict utility subordination relative to native IMX (it cannot participate in staking, fee sharing, or governance). Tokenomics (5.5/10) and Team & Governance (5.0/10) reflect standard 1:1 backing with no native inflation, though custodial contracts and mint/burn operators lack full architectural transparency.
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 IMX (WIMX)
Wrapped IMX (WIMX) is a wrapped derivative token representing Immutable's native IMX asset on the Immutable zkEVM network, functioning as a passive infrastructure token following the sunsetting of the original Immutable X chain on February 11, 2026, and the subsequent automated migration of funds completed between March 5 and March 9, 2026. The underlying migration contracts were audited by Nethermind Security in February 2026. WIMX was deployed via official Immutable tooling to provide one-to-one conversion and technical composability for IMX across decentralized finance applications.
As a direct wrapper, WIMX maintains no native inflation, deflation, or independent vesting schedules, reflecting a circulating supply tied to backed assets. However, the token possesses strictly reduced utility compared to native IMX, as wrapper holders cannot participate in network staking, protocol fee distributions, or ecosystem governance. Furthermore, WIMX does not have an independent development team, dedicated community channels, or standalone governance framework.
WIMX trades on limited venues, primarily QuickSwap V3, with thin trading volume and liquidity. Available public data provides limited visibility into the specific custody arrangements and mint-and-burn bridge operators, introducing structural centralization and counterparty considerations. The token functions strictly as a finalized DeFi component without active ongoing development.