e-Radix Logo

e-Radix EXRD

e-Radix header image

1. Summary

Ranks

Liquidity
88
Developer
98
Social
97
Momentum (beta)
56
Stack Rankā„¢
91
Price
$0.03 -4.1%
Market Cap
$34.11M (#716)
Supply
1.14B / 1.14B
Price
52W High price $0.14
52W High date 19th Apr 2023 (1 year ago)
All Time High (ATH) Date 14th Nov 2021 (2 years ago)
ATH Price $0.66
% From ATH -93.78%
All Time Low (ATL) Date 30th Nov 2022 (1 year ago)
ATL Price $0.03
% From ATL 31.1%
Supply & Trading Volume
Trading Volume (24h) $394,296.00
Total Supply 1.14B
Max Supply 24.00B
Circulating Supply 1.14B
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.

2. Price

EXRD

2.1. Market Performance

How does e-Radix's (EXRD) performance compare to the median performance for assets of a similar market capitalization?

30 Day Return

1.6%

EXRD

-4.0%

Similar Market Cap

60 Day Return

-13.7%

EXRD

-19.9%

Similar Market Cap

1 Year Return

-12.1%

EXRD

14.2%

Similar Market Cap

3. Developer Activity

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 135

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.

4. Social Activity

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 19,073
Twitter followers 206,158
5. News
7. More Information

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...
Twitter @RadixDLT
reddit /r/Radix

What is the correct contract address for e-Radix?

Ethereum 0x6468e79a80c0eab0f9a2b574c8d5bc374af59414

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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