WEMIX$

WEMIX Dollar (WEMIX$)

—

WEMIX Dollar is the WEMIX ecosystem's centralized dollar token, backed 100% by USDC held in the WEMIX3.0 Treasury on the non-EVM-indexed WEMIX chain.

Frozen Archive

USD-Pegged RWA-Backed Centralized

Price

$1.0050

Last observed · 2026-07-11

Market cap

$14.61M

— 24h

Supply

14.54M WEMIX$

— 7d

DEWS

Peg

Liq

30d Excess

Price

$1.0050

Last observed · 2026-07-11

Market cap

$14.61M

— 24H

Supply

14.54M WEMIX$

— 7D

30d Excess

—

MechanismCustodial CashMintingPermissioned FreezeYesJurisdictionSingapore

MintingPermissioned FreezeYesJurisdictionSingapore

Abandoned

“The game-chain dollar stepped aside for bridged USDC”

WEMIX$ archived 2026-07-11

WEMIX transitioned its USD stablecoin activity from WEMIX$ to USDC.e, withdrawing Foundation liquidity from WEMIX$ pools and ending swap support across WEMIX.Fi and WEMIX PLAY in April 2026. Holders' WEMIX$ became eqWEMIX$, exchangeable 1:1 for USDC.e in the WEMIX$ Module; WEMIX$ can no longer be exchanged, and pool withdrawals run to 2027-03-05. Pharos freezes WEMIX$ as the retired native stablecoin while keeping its residual supply and history available in the archive.

WEMIX3.0 USD stablecoin transition plan View on cemetery →

The WEMIX Ecosystem Dollar

WEMIX Dollar was the WEMIX ecosystem's issuer-managed dollar, described as fully backed by USDC in the WEMIX3.0 Treasury with the DIOS stabilizer holding the peg. In April 2026 the WEMIX Foundation moved ecosystem dollar activity to bridged USDC.e, withdrew its liquidity from WEMIX$ pools and ended swap support across WEMIX.Fi and WEMIX PLAY. Holders kept a conversion route through the WEMIX$ Module and a longer claim window for discontinued pools, and Pharos froze the listing on 2026-07-11. The record did not close there. WEMIX disclosed that dormant DIOS and AMA ownership was seized on 2026-07-26, enabling about 5.23 million unauthorized WEMIX$ to be minted and about 723,000 USDC.e to be removed. Pharos found no post-incident reconciliation of supply against reserves. Minting was always controlled by a single owner address with no documented supply bound, on a chain Pharos does not index. The durable constraint is that the remaining float and its backing cannot be reconciled from any source Pharos can read.

Updated 2026-10-19 · AI summary · drafted by claude-opus-5-5 · facts as of 2026-10-19

AI policy

Centralized (CeFi)|Compare

Depeg Early Warning

Not applicablefrozen archive

Control evidence

WEMIX$ Mint Authority

Permissioned minters create WEMIX$, controlled by an EOA; admin power is concentrated.

Confidence: VerifiedControl posture: Single operator

Control map

IssuerPermissioned

ControlsDirect minter EOA

SupplyWEMIX$Concentrated admin

Scoring breakdown

Derived posture Unknown

Component score Unavailable

The current Safety Score publication is unavailable; reviewed mint authority evidence remains available.

Primary controls (1)

WEMIX$ token owner (EOA — WEMIX foundation)
Direct minter / Externally owned account
wemix / 0x7a907b...028e4d
MintDirectCustodySingle-key address - custody unverifiable

Review notes & sources (6)

WEMIX$ on WEMIX chain (0x8e81fcc2d4a3baa0ee9044e0d7e36f59c9bba9c1) is an onlyOwner mint contract; owner() resolves to EOA 0x7a907b9df3f4843522b905758c2f542c9c028e4d (WEMIX foundation custody), confirmed on-chain at block 114958903.

Control posture

Material control is classified as concentrated in one issuer, protocol team, or operating entity.

Centralized (CeFi) is the broader governance classification. Control posture describes more precisely where operational authority sits.

Control posture is not a Safety Score input. Economic Control is scored from the reviewed mint authority, oracle and bridge evidence.

Reviewed 2026-08-15

WEMIX$

Freezable

A reviewed issuer or protocol control can freeze or seize this token in holders' wallets.

Rationale only

Power and scope

PowerFreezable

Review notes & sources (2)

Inferred review retained: WEMIX$ resolves to Yes because existing metadata classifies the asset as centralized and no manual override narrows that status.

No public source. Resolved from Pharos stablecoin metadata by the blacklistability resolver; no separate manual override source is attached.

Reviewed 2026-05-12

Non-indexed issuance chain

WEMIX Dollar primarily circulates on WEMIX chain, which is not EVM-indexed by Pharos. No on-chain contract is stored; supply and metadata are supplemented by external sources only.

WEMIX$ discontinued

WEMIX Foundation announced that WEMIX$ is being discontinued and ecosystem stablecoin activity is transitioning to USDC.e. Pharos keeps this record as legacy coverage until runtime sources fully remove it.

2026-07-26 exploit and eqWEMIX$ compensation

On 2026-07-26 an unauthorized party took ownership of the retired DIOS and AMA contracts and minted 5,225,524.9997 WEMIX$ without authorization, draining 723,244.4936 USDC.e. WEMIX revoked minting authority and compensates losses in eqWEMIX$, exchangeable 1:1 for USDC.e via the WEMIX$ Module.

Key links

Website Twitter Docs

Supply & Liquidity

Data frozen on 2026-07-11. Pharos no longer collects new metrics for this asset.

History

Data frozen on 2026-07-11. Pharos no longer collects new metrics for this asset.

Explore

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Peers

All US Dollar stablecoins

Taxonomy

All US Dollar stablecoins Centralized (CeFi) stablecoins Real-World Asset Backed stablecoins

Trackers

Stablecoin safety scores DEX liquidity rankings Depeg tracker See all fiat-backed stablecoins

Actions

Open WEMIX$ in live compare Browse stablecoin comparisons Read the daily digest Use the Pharos API

Profile

WEMIX$ profile facts

WEMIX Dollar (WEMIX$) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg US Dollar.

Centralized (CeFi)Real-World Asset Backed US Dollar

Collateral: 100% USDC backing held in the WEMIX3.0 Treasury; the DIOS stabilizer (Treasury-In/Treasury-Out protocols) maintains the 1:1 USDC peg.
Peg mechanism: Issuer-managed mint and redemption system using WEMIX$ Treasury USDC collateral and DIOS stabilization to keep WEMIX$ near one U.S. dollar.
Jurisdiction: Singapore
Proof of reserves: No proof-of-reserves entry in the static profile.
Contracts: No contract deployments are listed in the static profile.

Source: Pharos registry profile fields. This inactive record does not participate in current live monitoring.

WEMIX$ quick answers

What is WEMIX Dollar (WEMIX$)?

WEMIX Dollar is the WEMIX ecosystem's centralized dollar token, backed 100% by USDC held in the WEMIX3.0 Treasury on the non-EVM-indexed WEMIX chain. The static profile records its US Dollar peg mechanism as: Issuer-managed mint and redemption system using WEMIX$ Treasury USDC collateral and DIOS stabilization to keep WEMIX$ near one U.S. dollar.

Is WEMIX$ safe?

WEMIX Dollar is a frozen Pharos archive, not a current safety endorsement. The archived static profile records a Centralized (CeFi) governance model, Real-World Asset Backed backing, curated reserve profile, and notes that issuer or admin freeze controls are recorded.

What backs WEMIX$?

The archived Pharos profile records WEMIX$'s reserves as 100% USDC held in the WEMIX3.0 Treasury. Reserve evidence: curated reserve profile. Pharos classifies the backing as Real-World Asset Backed.

Can WEMIX$ be frozen or blacklisted?

Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded. WEMIX$ is a frozen Pharos archive; the recorded history below is read-only.