index / tokenized equities / SMT

Swarm (SMT) scores 61/100 — grade C, partially verifiable — on Claridex's transparency rating, with 6/6 pillars verified.

Swarm SMT

Issuer: Swarm Markets · tokenized equities · Polygon

61/100 · C

partially verifiable · 6/6 pillars verified

Reserve proof · 25%partial65

monthly public reserve disclosures; Token-Trustee verifies mintingsemi-auto source ↗

Custody & segregation · 20%partial70

SwarmX holds assets in institutional custody, bankruptcy-remotedeclared source ↗

Independent audit · 15%partial50

independent Token-Trustee verifies backing; no named audit firmsemi-auto source ↗

On-chain verifiability · 15%weak30

contract source not verified on the block explorerauto source ↗

Redemption rights · 15%partial65

redeemable for underlying value anytimedeclared source ↗

Issuer & legal · 10%strong85

SwarmX GmbH; Liechtenstein-FMA prospectus, BaFin-regulateddeclared source ↗

methodology is public · ranking is never for sale · the "verified" badge means it passed the reserve-proof gate

contract: 0xe631dabef60c37a37d70d3b4f812871df663226f · last checked: 2026-06-23

How was this scored?

The six pillars are combined by weight; the reserve-proof gate caps the grade for projects with weak reserves. Every band is spelled out in the methodology.

Is this your project?

Claim it and add evidence links for the missing pillars. The engine verifies them and your score updates.