Wrapped Plume
WPLUME
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
WPLUME (Wrapped Plume) is the 1:1 wrapped ERC-20 version of PLUME, the native utility token of Plume Network, an institutional Layer 1 blockchain focused on real-world asset (RWA) tokenization. The asset benefits from strong chain-level active development, with scheduled ArbOS 40 and ArbOS 51 upgrades, third-party audits of core contracts by OtterSec and Immunefi, an active $200k bug bounty program, and an experienced public leadership team led by Chris Yin. However, WPLUME faces significant headwinds: it functions purely as a wrapper contract without independent governance, utility, or distinct community engagement. Furthermore, underlying PLUME tokenomics suffer from substantial unlock dilution and daily emissions through 2028, alongside a severe -95.5% price drawdown from its all-time high. With no qualifying red-flag events or confirmed fraud detected, the overall score directly reflects the weighted section performance.
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 Plume (WPLUME)
Wrapped Plume (WPLUME) is an ERC-20 wrapped token operating on Plume Network, a Layer 1 blockchain designed for real-world asset (RWA) tokenization. WPLUME functions as a 1:1 wrapped representation of PLUME, the network's native asset, facilitating compatibility with decentralized finance protocols across the ecosystem. Plume Network's underlying infrastructure is led by an executive team including CEO Chris Yin and Chief Business Officer Teddy Pornprinya, with development milestones including the implementation of the ArbOS 40 and ArbOS 51 network upgrades.
The core ecosystem contracts supporting Plume Network have undergone third-party security audits by OtterSec and Immunefi, and the WPLUME wrapper contract is included within an active Immunefi bug bounty program. However, WPLUME functions strictly as a wrapped asset without independent governance mechanisms, native voting rights, or a separate community framework, relying entirely on the governance and architecture of the underlying Plume Network.
WPLUME inherits the tokenomics of the underlying PLUME asset, which launched in January 2025 with a fixed maximum supply of 10 billion tokens. The asset faces notable supply overhang, driven by persistent daily emissions of approximately 3.56 million tokens, high insider allocations across investors and contributors, and token unlock schedules extending through 2028. In secondary markets, the underlying PLUME token has experienced severe downward pressure, falling over 95.5% from its all-time high to an all-time low of $0.0094.