{
  "netuid": 35,
  "slug": "oxmarkets",
  "name": "OxMarkets",
  "symbol": "\u05da",
  "description": "Liquidity-as-a-Service subnet powering 0xMarkets - a permissionless perp DEX for FX, crypto, and commodities. Deposit USDC. Earn Spread + Fees + Alpha.",
  "priceTao": 0.005966668,
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  "athUsd": 1.5098719348438006,
  "change24h": -0.3539160902225503,
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  "rootProp": 0.16018680786537495,
  "liquidityUsd": 5561817.907164019,
  "alphaStaked": 2843102.017477302,
  "activeMiners": 3,
  "activeValidators": 11,
  "emissionPct": 0.0035740629625296005,
  "emissionPerDayTao": 1.0,
  "registrationCost": 0.0,
  "pruningRank": 37,
  "immunityRemaining": 7070,
  "sentiment": "Neutral",
  "githubRepo": "https://github.com/General-Tao-Ventures/cartha-validator",
  "subnetUrl": "https://www.0xmarkets.io/",
  "scorecard": {
    "adoption": {
      "label": "weak",
      "score": 14,
      "reasons": [
        {
          "tone": "neutral",
          "label": "Stars",
          "value": "0",
          "weight": null
        },
        {
          "tone": "neutral",
          "label": "Contributors",
          "value": "2",
          "weight": null
        },
        {
          "tone": "neutral",
          "label": "24h volume",
          "value": "$548,769",
          "weight": null
        },
        {
          "tone": "neutral",
          "label": "Validators",
          "value": "11",
          "weight": null
        },
        {
          "tone": "negative",
          "label": "Bus factor",
          "value": "Top contributor: 99%",
          "weight": null
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        {
          "tone": "neutral",
          "label": "LLM blend",
          "value": "heuristic=4 \u00d7 0.6 + llm=28 \u00d7 0.4",
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      "score": 28,
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          "tone": "neutral",
          "label": "Commits 30d",
          "value": "0",
          "weight": null
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        {
          "tone": "neutral",
          "label": "Merged PRs 30d",
          "value": "0",
          "weight": null
        },
        {
          "tone": "positive",
          "label": "Releases 12m",
          "value": "7",
          "weight": null
        },
        {
          "tone": "negative",
          "label": "Latest push",
          "value": "2026-03-17T15:44:46Z",
          "weight": null
        },
        {
          "tone": "negative",
          "label": "Momentum",
          "value": "decelerating (0/30d vs 3/mo avg)",
          "weight": null
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        {
          "tone": "neutral",
          "label": "LLM blend",
          "value": "heuristic=34 \u00d7 0.6 + llm=18 \u00d7 0.4",
          "weight": null
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    "updatedAt": "2026-04-29T20:41:08.732349+00:00",
    "confidence": 0.82,
    "usefulness": {
      "label": "watch",
      "score": 41,
      "reasons": [
        {
          "tone": "neutral",
          "label": "Durable keywords",
          "value": "0 matched",
          "weight": null
        },
        {
          "tone": "positive",
          "label": "Commodity risk",
          "value": "0 matched",
          "weight": null
        },
        {
          "tone": "neutral",
          "label": "Subnet traction",
          "value": "2/30",
          "weight": null
        },
        {
          "tone": "neutral",
          "label": "LLM blend",
          "value": "heuristic=32 \u00d7 0.6 + llm=55 \u00d7 0.4",
          "weight": null
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    "codeQuality": {
      "label": "mixed",
      "score": 43,
      "reasons": [
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          "tone": "positive",
          "label": "CI",
          "value": "Present",
          "weight": null
        },
        {
          "tone": "positive",
          "label": "Tests",
          "value": "1 dir(s), framework config",
          "weight": null
        },
        {
          "tone": "positive",
          "label": "Docs",
          "value": "Basic (600 chars)",
          "weight": null
        },
        {
          "tone": "negative",
          "label": "Dep mgmt",
          "value": "None",
          "weight": null
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        {
          "tone": "negative",
          "label": "PR reviews",
          "value": "0.0 avg, 100% self-merge",
          "weight": null
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          "tone": "neutral",
          "label": "Commit quality",
          "value": "0% conventional",
          "weight": null
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          "tone": "neutral",
          "label": "Security hygiene",
          "value": "No SECURITY.md",
          "weight": null
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        {
          "tone": "neutral",
          "label": "LLM blend",
          "value": "heuristic=42 \u00d7 0.6 + llm=45 \u00d7 0.4",
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  "aiScore": 39.0,
  "masterScore": 33.0,
  "masterRating": "D",
  "lastUpdatedAt": "2026-04-29T20:21:48Z",
  "isStale": false,
  "masterScorePrev": 32.0,
  "purpose": {
    "title": "OxMarkets",
    "source": "llm",
    "confidence": 0.72,
    "shortSummary": "OxMarkets is a Liquidity-as-a-Service subnet powering a permissionless perp DEX for FX, crypto, and commodities. Despite meaningful on-chain liquidity ($5.56M) and volume ($548K/24h), the subnet is critically underpopulated with only 3 active miners and shows zero commits in the past 30 days. Development concentration is extreme \u2014 top contributor at 99% with a self-merge ratio of 1.0 \u2014 signaling high single-point-of-failure risk."
  },
  "analysis": {
    "risks": [
      "Only 3 active miners \u2014 critically thin participation that makes the liquidity provision model fragile and the subnet vulnerable to collapse if any single miner exits",
      "Zero commits in the last 30 days, 0 merged PRs in 30 days, self-merge ratio of 1.0, and 0 average PR reviews indicate development has stalled and no external oversight exists"
    ],
    "score": 39,
    "summary": "OxMarkets is a Liquidity-as-a-Service subnet powering a permissionless perp DEX for FX, crypto, and commodities. Despite meaningful on-chain liquidity ($5.56M) and volume ($548K/24h), the subnet is critically underpopulated with only 3 active miners and shows zero commits in the past 30 days. Development concentration is extreme \u2014 top contributor at 99% with a self-merge ratio of 1.0 \u2014 signaling high single-point-of-failure risk.",
    "provider": "cascade:sonnet",
    "expiresAt": "2026-05-29T20:32:27.612771+00:00",
    "strengths": [
      "On-chain liquidity of $5.56M and $548K 24h volume demonstrate real DEX usage traction for a subnet with only 3 miners",
      "cartha-cli repo has CI, tests, lint config, license, and docs all present \u2014 solid baseline engineering hygiene given team size",
      "7 releases in 12 months in cartha-cli shows structured release discipline despite small contributor count"
    ],
    "updatedAt": "2026-04-29T20:32:27.612771+00:00",
    "durability": "weak",
    "recommendation": "Hold \u2014 monitor for miner growth above 10 and a return to consistent commits before considering meaningful allocation; current 3-miner state and stalled development make this high-risk.",
    "dimensionScores": {
      "adoption": 28,
      "shipSpeed": 18,
      "usefulness": 55,
      "codeQuality": 45
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  },
  "repoCoverageStatus": "covered",
  "image": "https://www.0xmarkets.io/favicon.ico?favicon.8075b753.ico",
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      "netuid": 35,
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      "provider": "github",
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      "isArchived": false,
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          "name": "Python",
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      "href": "https://www.0xmarkets.io/"
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