DDSC

IM-01 1 (single CBUAE-licensed issuer). IM-02 5 (minted against dirham deposits, no debt). IM-03 2 (fiat reserves only). IM-04 4 (elastic mint and burn, no cap). IM-05 4 (redemption at stated 1:1 parity, user-initiated). Average 3.2.

SPS-01 2 (reserve redemption, no protocol mechanism). SPS-02 2 (AED tracks USD, so the reference carries USD inflation). SPS-03 3 (a public proof-of-reserves page exists with a named auditor, Crowe, which is more than most of this class; it is marked down because the dashboard reads 'As of MAY 1, 2026' and shows 110.2M supply against 55,710,999 read live on-chain this run, so the published figure is four months stale and roughly double the real float). SPS-04 3 (launched February 2026, under a year of live data). SPS-05 3 (daily parity only). SPS-06 2 (UAE, institutional first). Weighted 2.5.

FI-01 1 (1:1 AED peg). FI-02 1 (100% dirham reserves). FI-03 1 (banking rails are the mint and redeem path). FI-04 1. FI-05 1. FI-06 1 (no transition path). FI-07 1 (monolithic). FI-08 3 (a standard ERC-20 on a public-RPC L2 with an explorer and a bridge, so generic crypto interoperability exists even though no monetary standard is defined). Weighted 1.3.

TR-01 5 (live; 614 lifetime transfers on-chain with the most recent dated 2026-08-27, read this run). TR-02 2 (launched February 2026, about six months). TR-03 1 (no holder or user figure published, and 614 lifetime transfers implies a very small set). TR-04 1 (institutional settlement only so far; the CBUAE no-objection certificate of 2026-07-03 permits retail distribution through VARA-regulated exchanges but names none, and the listings remain conditional). TR-05 2 (quoted as an AED equivalent). TR-06 3 (no named leadership; the /about page is a 404 and the site credits corporate backers rather than people). TR-07 4 (IHC, First Abu Dhabi Bank, Sirius International Holding, ADI Foundation, Crowe, Sumsub, Crystal Intelligence). TR-08 4 (Ledger Insights, The National, The Block, The Asian Banker). TR-09 3 (institutional, no emissions or subsidies, but no organic retail base yet). TR-10 4 (launch to retail clearance inside six months). TR-11 2 (sovereign-infrastructure framing, no community). Weighted 2.5.

SO-01 1 (single issuer under a revocable CBUAE licence, on a chain run by one foundation). SO-02 2 (ADI Chain publishes an RPC and explorer, but the validator set is permissioned and the token contract source is not published). SO-03 1 (wholly UAE). SO-04 3 (a real ERC-20 that a holder can custody, but minting and redemption both require the licensed issuer). SO-05 4 (institutional sponsors). SO-06 2 (one L2, no tested fallback). SO-07 2 (Sumsub KYC and Crystal Intelligence screening are named on the issuer's own surface). SO-08 2 (public ledger plus operator analytics). SO-09 2 (contract source not public, so the monetary rules rest on issuer honesty). Weighted 1.9.

GO-01 3 (governance imposed by two CBUAE licences, Stored Value Facilities and Payment Token Services). GO-02 1 (single company, three corporate backers). GO-03 2 (whitepaper and a reserve dashboard are published, but the dashboard disagrees with on-chain supply by roughly 2x). GO-04 1. GO-05 1. GO-06 1. GO-07 2 (a CBUAE-accepted whitepaper is not a constitution). GO-08 2 (issuance is bounded by regulation from outside, not by the issuer's own rules). Weighted 1.7.

RE-01 1 (six months old, no adversarial event). RE-02 2 (single chain, single explorer and RPC). RE-03 3 (on-chain state is public and readable, reserves sit with licensed custodians). RE-04 4 (a 1:1 ERC-20 wrapper is simple). RE-05 2 (tied to one niche L2 with no tested migration). RE-06 3 (ring-fenced reserves with a Crowe attestation, untested under stress). RE-07 3 (on a 55.7M float, interest income does not fund the operation; IHC and FAB do). RE-08 2. RE-09 3 (programmable ERC-20, but access is KYC-gated). Weighted 2.3.

IN-01 2 (UAE, KYC, licensed venues). IN-02 4 (the issuer states no minimum deposit threshold, and L2 fees are low). IN-03 2 (positioned as institutional-grade). IN-04 2 (seigniorage to the issuer and its backers). IN-05 4 (same 1:1 parity for everyone). IN-06 2 (Sumsub identity verification required). IN-07 3. Weighted 2.7.