XDAG
XDAG
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
XDAG is a legacy, mineable Layer-1 DAG cryptocurrency launched in 2018 featuring a fair launch with no premine or ICO. Development remains active despite the archiving of the original C repository in June 2025, supported by upgrades like RandomX and ongoing wallet releases. However, the project suffers from weak market metrics, including a micro-cap valuation of ~$1.0M, severe illiquidity, and lack of broad exchange support. Governance and leadership rely entirely on an anonymous, decentralized community structure without formal on-chain mechanisms. Security history shows no exploits or regulatory actions, though audit availability is limited and third-party assessments highlight high overall risk. Note that Community Support had insufficient data (-1.0) and was excluded from the weighted score calculation, with its weight redistributed across the remaining sections.
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 XDAG (XDAG)
XDAG (Dagger Coin) is a standalone mineable Layer-1 cryptocurrency combining a Directed Acyclic Graph (DAG) architecture with Proof-of-Work consensus, originally launched in January 2018. The project was initiated via a fair launch with no initial coin offering (ICO), no premine, and no team or investor vesting allocations. XDAG functions as the native mineable currency of its network, operating under a perpetual emission model where new coins are issued continuously through mining every 64 seconds, without documented hard supply caps or built-in deflationary mechanisms.
Governance and ongoing maintenance rely on informal community coordination rather than a named executive team or formal decentralized autonomous organization (DAO). In mid-2019, the project experienced a funding and development crisis that was handled through a community initiative called the Apollo Project. Development has since continued across multiple technical milestones, including a RandomX upgrade and the deployment of the XDAGJ mainnet, though the original C implementation repository (XDagger/xdag) was archived as read-only on June 4, 2025.
XDAG faces notable liquidity and market constraints, maintaining a micro-cap valuation of approximately $1.0 million with trading heavily reliant on a single-pair venue and the asset listed as untradable on major exchanges such as Kraken. Third-party risk analytics, including Kryll's X-Ray, have flagged the project as high risk alongside a failing website security grade, and full security audit reports remain unavailable despite a partial listing on CertiK. The project has no documented history of hacks, smart contract exploits, or regulatory proceedings.