Stellar

Stellar

XLM #21
BB 64% L1 Protocol
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Project Safety Score: 64%

Updated 2 minutes ago
StellarXLM
Market Cap$5294772664
24hr Volume$71231037
24hr Change-0.7%
Price$0.158786
Coverage: 6 buckets · 100% resolved
Concerns raised - see Red Flags below
Scoring rubric: L1 / Protocol Coin - scored on network security, adoption, dev health, economic design, governance
Track Record
80 A
100% · medium
Economic Design
55 B
100% · high
Developer Health
67 BB
100% · medium
Network Security
68 BB
100% · medium
Social Behavioral
56 B
80% · low
Adoption Liquidity
60 B
100% · high

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XLM Stellar Details
Type
Smart Contract Platform, Real World Assets (RWA),
Launched
2014
HQ
San Francisco, USA
Team
Doxxed
Smart Contract PlatformReal World Assets (RWA)Stellar EcosystemGMCI 30 IndexGMCI IndexMade in USACoinbase 50 Index

Stellar is an open-source, decentralized network co-founded in 2014 by Jed McCaleb and Joyce Kim. It aims to facilitate low-cost and rapid transfers of value across various currencies and assets. Managed by the non-profit Stellar Development Foundation, Stellar connects banks, payment systems, and individuals to enhance financial access for underserved populations. The network employs the Stellar Consensus Protocol along with a Federated Byzantine Agreement, allowing nodes to select trusted peers to reach consensus on the ledger's state.

The native token of the network, XLM, plays a crucial role in maintaining its integrity by serving as an intermediary for efficient exchanges and enforcing minimum balance requirements. Stellar incorporates features such as a built-in distributed exchange for asset trading and the Soroban platform for smart contract development. There is no inflation for XLM, as the community opted to disable the automatic creation of new tokens. The project's operations are supported by a global community of validators and developers.

Cryptocurrency carries risk. Every project listed on this site, regardless of its score, operates in a volatile and largely unregulated market. Tokens can lose most or all of their value. A high score reflects lower structural risk based on the data we can measure. It does not mean a project is safe, that the price will hold, or that losses are unlikely. Always research independently and never commit money you cannot afford to lose.

Track record score 80 out of 100. Stellar boasts a strong track record, having been operational for over 12 years with no regulatory actions against it, showcasing its compliance and adherence to regulations. However, there have been two historical incidents that may raise some concerns, along with one additional concern flagged by research.

Economic design score 55 out of 100. The economic design of Stellar presents challenges, notably the absence of a hard supply cap, leading to concerns about potential inflation. Currently, 67% of its total supply is circulating, indicating a moderate commitment to supply management.

Developer health score 67 out of 100. Stellar's developer health is solid, with 3,118 GitHub stars and 969 forks reflecting significant community engagement. Recent activity is robust, with 86 commits in the last four weeks and 84 contributors participating in code reviews, indicating a healthy, active development environment.

Network security score 68 out of 100. Stellar’s network security is generally sound, supported by a market cap of over $5 billion and a chain that has been operational for 12.3 years. However, the presence of two recorded historical incidents could be a point of concern, along with the flagged multiple chain incidents.

Social behavioral score 56 out of 100. Stellar's social behavior shows a somewhat limited audience engagement, with follower counts on its linked social media accounts unavailable for review. Despite this, it boasts an excellent sentiment score, indicating positive community perception, though there are some concerns due to identified past incidents and bad press.

Adoption and liquidity score 60 out of 100. The adoption and liquidity of Stellar show potential for improvement. Its daily trading volume is approximately $71 million, suggesting moderate liquidity. Stellar enjoys extensive access to exchanges, with 69 centralized exchange listings, of which 39 have a green-trust rating.

Investing in Stellar carries inherent risks typical of the cryptocurrency market. Potential concerns include its historical incidents, the absence of a supply cap which could lead to inflation, and varying levels of audience engagement on social platforms. Investors should weigh these factors carefully when considering an investment in this asset.

  • Jed McCaleb - Co-founder LinkedIn ↗
    Prior: Ripple, eDonkey
    Known for co-founding Ripple and eDonkey.
  • Joyce Kim - Co-founder LinkedIn ↗
    Prior: Kiva.org
    Former Executive Director of Kiva.org.
  • Trail of Bits 2018-05-15 pass report ↗
    No critical vulnerabilities found; minor issues addressed.
View whitepaper ↗ (2014)
Quality: high
Max supply: 50000000000
Team allocation: 20.0%
Investors: 10.0%
Public: 70.0%
Next unlock: 2026-05-03
Vesting complete
  • hack 2017-04-01 · $10000000
    An attacker exploited a concurrency bug in Stellar's code, creating 2.25 billion XLM. The Stellar Development Foundation burned an equivalent amount from its community reserves to offset the inflation.
  • hack 2018-01-13 · $400000
    Hackers gained control of BlackWallet’s DNS settings, withdrawing $400,000 worth of Stellar Lumens from users' wallets.
  • Strong institutional backing from Stripe, Google Ventures, and IDG Capital Partners
  • Active community engagement with official channels on Twitter, Telegram, Discord, YouTube, and GitHub
  • Transparent response to security incidents, including burning equivalent XLM to offset inflation bug
  • Project has a history of hacks or exploits
  • Multiple chain incidents on record
  • No hard cap on total token supply
  • Inflation bug in 2017 leading to creation of 2.25 billion XLM
  • BlackWallet hack in 2018 resulting in $400,000 loss

Price Chart - Stellar

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Stellar
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100%
Profile Status
Data completeness
No missing data
High confidence

Technical Analysis

Buy / Sell signals

Market Stats

All-Time High$0.88
All-Time Low$0.0005
Circulating33338978241
Total Supply50001786869

Community Sentiment

👍 100% 0% 👎

Crypto Fear & Greed Index

Crypto Fear & Greed Index Source: alternative.me

Stellar Stories

Developer Activity

GitHub stars⭐ 3118
Forks969
Watchers269
Commits (4 weeks)86
PRs merged1777
View on GitHub →

Stellar GitHub