
Pax Dollar USDP
Pax Dollar leads in market ecosystem and team governance, with roadmap delivery remaining a key focus, currently holding a D rating.
Sector Rank #568 · Global Rank #1156
Overall Rating
D · 27.12 / 100Pax Dollar has an overall rating Df D (total 24.6), ranking high in market ecosystem, team governance, and economic model across six dimensions. The main point of deduction is roadmap delivery (0 points)—mainly affected by sub-items such as development continuity (0 points) and development heat trends (0 points).
Rating Team Conclusion: "Pax Dollar has relative advantages in market ecosystem, team governance, and economic model, but its current shortcomings are concentrated in roadmap delivery." " It is recommended to observe cautiously and not use it as a core configuration basis for now.
Six-Dimension Rating Breakdown
Roadmap Delivery
0/100Roadmap On Time Delivery Rate?Lack of public roadmaps and development activity data.Weight 35%Insufficient data · 0 / 100
Last 4 upgrades achieved?There is a lack of public records and delivery information on recent upgrades.Weight 30%Insufficient data · 0 / 100
Milestones to Deliver?No public pending delivery milestone plans were found.Weight 20%No public milestones · 0 / 100
History Extension Record?Lack of historical roadmap delivery delays.Weight 15%Insufficient data · 0 / 100
Technical Implementation
60.25/100Consensus Mechanism?As an ERC-20 token, it relies on Ethereum's PoS mechanism.Weight 30%Relying on Ethereum PoS · 70 / 100
Main network years of operation?The main network of the project has been operating stably for about five years.Weight 15%About 5 years · 85 / 100
Recent upgrades?There is a lack of public upgrade records, and the contract employs a proxy model.Weight 35%Insufficient data, agency contracts exist · 30 / 100
Client Diversity?As an Ethereum token, it benefits from the diversity of Ethereum clients.Weight 20%Good (depends on Ethereum) · 80 / 100
Tokenomics
27/100Deflationary Mechanism?As a stablecoin, its design goal is non-deflationary.Weight 30%&None · 10 / 100
Inflation rate?Supply is adjusted as needed to maintain its peg to the US dollar.Weight 25%Stable, casting on demand · 75 / 100
Staking rate/position lock-up rate?As a stablecoin, it does not offer staking or lock-up mechanisms.Weight 25%No staking/lock-up · 5 / 100
Supply Upper Limit?Supply is elastic, with no fixed limit to maintain the peg.Weight 20%No fixed upper limit · 20 / 100
Team Governance
63.5/100Core Development Team?Supported by Paxos, but the core development team has limited public information.Weight 30%Paxos team, limited public information · 60 / 100
Governance mechanisms?As a centralized stablecoin, it is governed by Paxos.Weight 25%Centralized Governance · 70 / 100
Financial Transparency?As a regulated entity, it offers high transparency of funds.Weight 25%Higher (Regulated) · 80 / 100
Concentration of key people?As a centralized project, key figures and decision-making power are highly concentrated.Weight 20%Relatively high · 40 / 100
Market Ecosystem
61.1/100Active Address?The model assessed that active addresses performed well.Weight 30%Approximately 81.81 / 100 (model score) · 82 / 100
Ecological chain/L2 quantity?It has been deployed on two major chains: Ethereum and Solana.Weight 25%2 chains (Ethereum, Solana) · 60 / 100
DeFi TVL?As a stablecoin, its market capitalization can be considered DeFi TVL, with a moderate scale.Weight 25%Approximately $31.92 million (market capitalization) · 70 / 100
Developer community?Lack of public data on developer community activities.Weight 20%Slightly Lower (No Public Data) · 20 / 100
Security & Compliance
81/100Historical Major Failure?So far, no major security incidents have been found.Weight 25%No major safety incidents · 90 / 100
Regulatory Attitude?As a regulated stablecoin, it maintains a friendly regulatory attitude.Weight 30%Friendly (Regulated) · 95 / 100
Sec Attitude?Stablecoins supported as regulated fiat currencies are presumed to be non-securities.Weight 30%Non-securities (presumption) · 90 / 100
Client Bug Frequency?Lack of client bug data, but risk of proxy contracts.Weight 15%Insufficient data and risk of agency contracts · 20 / 100
D Peer Comparison
Export CSV Pax DollarD · 27.12 | VOOID · 33.28 | IMOD · 33.25 | ||
|---|---|---|---|---|
| Overall Score | 27.12 | 33.28 | 33.27 | 33.25 |
| Roadmap Delivery | 0 | 37.5 | 11.25 | 37.5 |
| Technical Implementation | -- | -- | -- | -- |
| Tokenomics | 21.52 | 0 | 3.58 | 29.52 |
| Team Governance | 52.8 | 95.96 | 86.63 | 44 |
| Market Ecosystem | 67.91 | 66.15 | 18.32 | 6.96 |
| Security & Compliance | 0 | 0 | 52.51 | 50.06 |


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