e-Radix EXRD
1. Summary
- Price
-
$0.03 +5.9%
- Market Cap
- $32.78M (#746)
- Supply
- 1.14B / 1.14B
- Tags
- Ethereum Ecosystem
- Description
-
e-Radix (EXRD)
e-Radix (EXRD)
e-Radix is a cryptocurrency represented by the ticker symbol EXRD. It is the wrapped representation of Radix's native token XRD on the Ethereum network. EXRD serves as a permanent link between the Radix and Ethereum networks, allowing for 1:1 exchangeability with XRD via Instabridge or at exchanges such as Bitfinex. This token was instantiated in November 2020 as an ERC20 token and is integral to the functioning and security of the Radix network, particularly in Ethereum's DeFi ecosystem.
Tokenomics
e-Radix has a maximum possible supply identical to XRD's, with each eXRD backed 1:1 by an XRD held by a secure third-party custodian. The total supply of e-Radix is fluid as users unwrap eXRD tokens to XRD and wrap XRD to eXRD. The allocation of the underlying XRD token is detailed in the XRD tokenomics.
Purpose
e-Radix allows for a representation of Radix's XRD token to be used in Ethereum's DeFi ecosystem, similar to how wBTC represents Bitcoin within Ethereum's DeFi ecosystem. The initial distribution of e-Radix tokens helped decentralize the Radix Public Network before staking commenced as part of the Delegated Proof of Stake system.
Security and Functionality
The underlying XRD token plays a crucial role in securing the Radix Public Network through staking and transaction fees. Stakers vote on validator nodes, earning network emission rewards, and the top 100 nodes with the most delegated stake are chosen as validators. Transaction fees are used to prevent spam transactions and are 100% burnt by the Radix Protocol.
Development and Focus
Radix, the platform behind e-Radix, is designed specifically for DeFi developers. It offers a unique approach to decentralized finance with its asset-oriented smart contracts and on-network Blueprint Catalog, which enables open-source development and the reuse of code. The platform employs a self-incentivizing developer ecosystem, rewarding contributors with tokens for their work. The Radix network features a unique consensus algorithm called Cerberus, allowing for unlimited linear scalability and secure, parallel processing of transactions and dApps.
| Price | |
| 52W High price | $0.08 |
| 52W High date | 27th Mar 2024 (4 months ago) |
| All Time High (ATH) Date | 14th Nov 2021 (2 years ago) |
| ATH Price | $0.66 |
| % From ATH | -95.6% |
| All Time Low (ATL) Date | 24th Jun 2024 (1 month ago) |
| ATL Price | $0.03 |
| % From ATL | 3.77% |
| Supply & Trading Volume | |
| Trading Volume (24h) | $323,288.00 |
| Total Supply | 1.14B |
| Max Supply | 24.00B |
| Circulating Supply | 1.14B |
EXRD
How does e-Radix's (EXRD) performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
-29.6%
EXRD
2.9%
Similar Market Cap
60 Day Return
-42.8%
EXRD
-13.7%
Similar Market Cap
1 Year Return
-65.5%
EXRD
-9.4%
Similar Market Cap
We're monitoring 109 e-Radix GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.
Weekly Commits (All e-Radix Repos)
Commits vs. The Market
- Past 4 weeks: 278 commits vs. an average of 1
- Past 12 weeks: 753 commits vs. an average of 8
- Past year: 8,916 commits vs. an average of 117
Most Active Repos
| Past week | 188 |
|---|---|
| Past 12 weeks | 815 |
| Past year | 3129 |
| Past week | 0 |
|---|---|
| Past 12 weeks | 0 |
| Past year | 730 |
| Past week | 120 |
|---|---|
| Past 12 weeks | 355 |
| Past year | 539 |
| Past week | 53 |
|---|---|
| Past 12 weeks | 119 |
| Past year | 444 |
| Past week | 78 |
|---|---|
| Past 12 weeks | 116 |
| Past year | 219 |
| Past week | 34 |
|---|---|
| Past 12 weeks | 160 |
| Past year | 191 |
Top Developers 2024
In total, 674 developers have contributed to e-Radix over the past year. Who are the most active e-Radix developers, by commits, over the past year?
Related Projects
Developers working on e-Radix also worked on these projects.
Tip: Toggle each network by clicking the name above
Historic data is only available from 22nd April 2022
Total Followers
| Reddit Subscribers | 9,350 |
|---|---|
| Active Reddit Users (past 24h) | 17 |
| Discord users | |
| Active Discord Users | |
| Telegram Users | 36,637 |
| Twitter followers | 252,600 |
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radixdlt.com/blog/rdx-works-partnered-with-atlan-digital-for-security-assessment Official
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radixdlt.com/blog/xrd-perpetuals-now-available-on-bybit Official
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radixdlt.com/blog/xrd-perpetuals-now-available-on-bybit Official
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radixdlt.com/blog/radix-engine-code-audit Official
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radixdlt.com/blog/radix-engine-code-audit Official
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radixdlt.com/blog/babylon-booster-grants-shardspace Official
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radixdlt.com/blog/babylon-booster-grants-shardspace Official
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radixdlt.com/blog/babylon-booster-grants-shardspace Official
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radixdlt.com/blog/babylon-booster-grants-shardspace Official
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radixdlt.com/blog/xrd-is-now-available-on-bitget Official
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radixdlt.com/blog/xrd-is-now-available-on-bitget Official
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radixdlt.com/blog/xrd-is-now-available-on-bitget Official
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radixdlt.com/blog/xrd-is-now-available-on-bitget Official
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radixdlt.com/blog/supra-integrates-with-radix Official
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radixdlt.com/blog/supra-integrates-with-radix Official
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radixdlt.com/blog/supra-integrates-with-radix Official
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radixdlt.com/blog/supra-integrates-with-radix Official
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radixdlt.com/blog/supra-integrates-with-radix Official
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radixdlt.com/blog/post-mortem-report-for-network-outage Official
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radixdlt.com/blog/post-mortem-report-for-network-outage Official
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radixdlt.com/blog/post-mortem-report-for-network-outage Official
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radixdlt.com/blog/post-mortem-report-for-network-outage Official
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radixdlt.com/blog/post-mortem-report-for-network-outage Official
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radixdlt.com/blog/post-mortem-report-for-network-outage Official
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
| Website | https://www.radixdlt.com/ |
|---|---|
| Explorer | https://etherscan.io/token/0x6468e79a80c0eab0f9a2b... |
| @RadixDLT | |
| /r/Radix |
What is the correct contract address for e-Radix?
| Ethereum | 0x6468e79a80c0eab0f9a2b574c8d5bc374af59414 |
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Has e-Radix been audited for security?
No security audits found for this project.
Are you the owner of e-Radix? Edit it here
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