Radix
XRD
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
Radix (XRD) presents a stark contrast between its technical execution and its market traction. On the technical and organizational side, Radix maintains active development (evidenced by Scrypto releases, ecosystem RFPs, and ongoing decentralization), robust and verified code audits by Hacken and Zellic with no critical vulnerabilities or protocol exploits, and a structured governance transition following the passing of its founder in July 2025. Its tokenomics feature a 24 billion max supply with clear structural utility for transaction fees and DPoS staking, though insider concentration remains a consideration. Conversely, market and adoption metrics reflect severe weakness: XRD is down over 99% from its all-time high with a depressed market capitalization (~$12M) and weak on-chain/social community engagement. No qualifying red-flag events (such as security exploits, regulatory enforcement, or hostile exchange delistings) were identified; the drawdown reflects market-cycle headwinds rather than a protocol failure. Consequently, the score is determined strictly by the weighted average of section evaluations.
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 Radix (XRD)
Radix (XRD) is the native cryptocurrency of the Radix Public Network, a layer-1 blockchain developed by RDX Works Ltd purpose-built for decentralized finance (DeFi). The network operates on a Delegated Proof of Stake (DPoS) consensus mechanism known as Cerberus and features the Radix Engine execution layer, which executes smart contracts written in the Scrypto programming language. XRD functions as the core utility asset across the network, used to pay resource-based transaction fees, secure network validation through staking, and serve as base liquidity within Radix-native applications. A wrapped ERC-20 derivative, eXRD, also exists to facilitate accessibility across Ethereum.
The tokenomics of XRD define a maximum supply of 24 billion tokens. At genesis in July 2021, 12 billion tokens were minted, comprising 9.6 billion circulating tokens and 2.4 billion indefinitely locked in a Stable Coin Reserve. The remaining 12 billion tokens are emitted at a fixed schedule of approximately 300 million XRD per year over roughly 40 years to incentivize staking and node validation, with inflation partially offset by base fee burns. Following the death of the project's founder in July 2025, governance began transitioning from the Radix Foundation toward a community-directed decentralized autonomous organization (DAO), with core development and infrastructure pre-funded through 2026.
From a market perspective, Radix has experienced significant adoption headwinds and price depreciation. XRD has fallen more than 99% from its all-time high, trading at a market capitalization of approximately $12 million with depressed trading volume and limited on-chain holder growth. Independent security audits conducted by firms including Hacken and Zellic identified no critical exploits or protocol-level breaches on the Radix Engine, though the ecosystem faces continuity and adoption risks amid intense layer-1 competition, supply concentration among foundation entities, and its ongoing decentralization transition.