What 64 token launches disclose, check by check

The count

The 38 projects still before their launch score a median of 2.5 of 8; the 26 that have launched score a median of 6. Most of the basics arrive in the last days before a listing, after the public sale or points campaign that decides who holds the token. One project passes all eight checks: Cluster Protocol. Each project's profile links every check to the page we used.

Market maker: 5 of 64

A market maker usually receives a loan of the project's own tokens, often with an option to buy them, and trades them from the first minute. Since our count of 22 October the catalog grew from 57 to 64 projects, and the number that say anything about a market maker went from four to five: Cluster Protocol and Ethos Network publish the size of the loans, Autheo names its market maker without terms, and Umia states it has none. Extended is the only one still before launch: it says tokens earned by its internal market-making desk may support XTEN liquidity, names no outside market maker, and promises the mechanics before deployment.

Audits: 12 of 26 launched tokens without a public report

For 12 of the 26 launched tokens we found no public audit report with a named auditor on official pages. Four of the twelve say they are audited without publishing the report:

• YOM: the white paper says audited, with no auditor or report named.
• SwarmBase: says Hashlock audited its core contracts; we found no report link.
• IPX: the homepage mentions "audited smart contracts" without an auditor or report.
• Ritual: its docs say Trail of Bits and Zellic audited Infernet, its earlier oracle network; no report is published, and none for the mainnet chain.

For the other eight (Wingbits, The Interfold, Umia, Axis Robotics, Tread.fi, DGrid AI, Incentiv, NeoSoul) we found no audit on official pages. "Not found" is not an accusation: an audit may exist and simply not be published, and we update a profile the day a team sends the link.

Float: 8 of 26 launched tokens give no clear figure

How much of the supply can trade on day one is one of the clearest predictors of what happens next. In a September 2026 study of more than 2,300 launches, GSR found that tokens floating under 20% at listing lost about 75% in a year, against about 45% for floats of 30% to 50% (GSR; GSR is itself a market maker). Yet 8 of the 26 launched tokens state no single circulating figure at TGE. Five give only partial figures, such as unlocks per allocation bucket, and leave the total to the reader; three give no figure at all.

Incidents: 6 of 64

Two launched tokens have an unresolved exploit: KiiChain (22 August 2026) and Autheo (12 October 2026, mainnet still halted). Four more are marked unclear because the outcome is not confirmed: a bridge exploit at Payy before its token, a domain hijack at Kintsu, a bad-collateral loss at Curvance that the project says did not touch its contracts, and an older exploit at the protocol under Jumper. We missed the Payy exploit for five weeks and say so in the changelog.

How we counted

A check passes only when an official source shows it: the project's own site, docs, blog or posts, an exchange's own listing notice for venues, the auditor's report page, or a disclosure the project files itself, such as a MiCA white paper or a Blockworks Token Transparency filing. Aggregators, sale-platform marketing and paid press releases never pass a check. "Launched" means the token has a generation date; "before launch" covers projects with an official window, a completed public sale or a named token. The catalog adds projects twice a week, so these figures will move; every change is dated in each profile's history and the public changelog. Nobody can pay for a score, a placement or an inclusion.

For teams and reporters

Teams: if something is published that we missed, send the official link to hello@tgeindex.com and the profile updates within one business day, free. Reporters: the per-project data with source links is on each catalog profile, and we can send the full table as CSV on request.