XT.com
XT
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
XT serves as the native utility token for the XT.com centralized exchange. While the exchange maintains active operations, developer connector maintenance, and continuous platform listings (Active Development: 4.5/10), the XT token itself lacks verifiable smart contract audits, public codebases, or decentralized governance mechanisms. The community presence is minimal and heavily centralized, with on-chain holder distribution showing fewer than 700 holders and extreme top-holder concentration (Community Support: 2.0/10). Tokenomics are opaque, lacking transparent circulating supply metrics, vesting schedules, or formal buyback disclosures (Tokenomics: 3.5/10). The asset's market utility is captive to the underlying platform's performance and faces heavy competition from tier-1 exchanges, with low liquidity ratings and negligible standalone market cap presence (Market and Use Case: 3.5/10). Governance remains fully centralized under unidentified executive leadership (Team and Governance: 4.0/10). From a security perspective, XT.com experienced a $1.7 million platform wallet breach in November 2024, which was absorbed by exchange reserves without user fund loss, though token-specific smart contract audits remain absent (Security and Audit History: 4.5/10). Synthesizing these scores yields an overall rating of 3.7/10.
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 XT.com (XT)
XT is the native utility token for the XT.com centralized cryptocurrency exchange, a trading platform established in 2018 and registered in Seychelles. Issued with a total supply cap of 1,000,000,000 tokens, XT operates primarily as an ERC-20 token on the Ethereum network and is also available as a BEP-20 token on BNB Smart Chain. The token serves standard centralized exchange functions, including tiered trading fee discounts, staking rewards, platform airdrops, developer incentives, and governance voting within the XT Smart Chain ecosystem.
The tokenomics and governance structure of XT are closely tied to the operations of the centralized exchange operator. Token allocation details, vesting schedules, and circulating supply metrics remain largely undisclosed in public records, and on-chain holder distribution shows high concentration among a small number of addresses. Governance remains centralized, with key executive leadership, including the founder and chief executive officer, not publicly identified in standard documentation, and the smart contract itself lacks published third-party security audits.
In terms of security history, the underlying XT.com exchange experienced an access-control breach on November 28, 2024. Approximately $1.7 million in platform reserves was transferred without authorization across Ethereum and Optimism and converted into 461.58 ETH. Following the incident, the exchange temporarily halted withdrawals, initially describing the pause as wallet maintenance before confirming the unauthorized transfers. The platform reported that the stolen assets were covered by exchange reserve funds and that user balances were not impacted, subsequently restoring withdrawal services.