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Auki Review

Hong Kong spatial-computing DePIN with one externally documented retail pilot and an admitted-centralisation posemesh. Daily linear vesting is the cleanest piece. Reconstruction node network in closed beta. The 40,000-stores headline that surfaced in DeAI triage is wrong.

D
Quadrant
Avoid
49
Freedom
/100
D
34
Returns
/100
F
Verdict · Weak on both axes

Auki ships a working retail spatial-AI product with one externally documented pilot and an honest, OpenZeppelin-acknowledged centralisation posture. The tokenomics design is unusually disciplined for a 2024 launch. The economic flywheel is trivial today: trailing-year on-chain fees are small, falling and deeply negative net of incentives. The 40,000-stores figure that surfaced in DeAI commentary is unsourced and most likely a confusion with an unrelated retail-closure headline.

Strengths
  • + Whitepaper sets daily linear vesting and an 84-month Posemesh Foundation vest, though code enforces little of it
  • + OpenZeppelin audit on five Solidity contracts: zero critical, zero high, eleven of thirteen findings resolved
  • + Coop Stora Visby case study externally documented (4-month pilot, 15 minutes per user per day saved)
Risks
  • − OpenZeppelin's audit calls the posemesh 'currently a centralised system'; Auki Labs has publicly admitted the same
  • − Trailing-year on-chain fees (DeFiLlama) are under a third of the incentive emissions measured in June 2026: net earnings negative
  • − UUPS upgradeable proxy with owner-controlled pause; 90% of posemesh-core commits concentrated in three contributors
Independent verification 7 checks · none corrected · cross-checked against third-party data · as of 2026-09-24
Our call on each · 6 freedom · 5 returns
See Auki Review in the integrity board →
Freedom Score
D49/100?

AUKI scores 49/100 (D) on the Own Your Mind freedom rubric. The architecture and tokenomics are honest about their current state: the OpenZeppelin audit explicitly calls the posemesh 'a centralised system' and Auki Labs has publicly committed to progressive decentralisation as a multi-year roadmap. Open source posture is strong (MIT licence across core repos), token distribution is unusually clean for a 2024 launch (daily linear vesting, no day-one major unlock, 7-year Foundation vest), and the data-sovereignty design (peer-to-peer domain servers, privacy-preserving spatial data exchange) is the philosophical hook.

Score is dragged down by the centralised infrastructure today, the absence of any on-chain DAO governance, and a closed-beta reconstruction-node network. The roadmap is plausible; the freedom score reflects the present, not the slide deck.

Infrastructure decentralisation7/20

OpenZeppelin's published audit (Nov 2023) states 'the posemesh is currently a centralised system' with MPC wallets controlling privileged on-chain roles and Auki Labs operating the relay layer. The reconstruction node was open-sourced in Aug 2025 but remains in 'closed beta with a handful of community node operators' per the H2 2025 recap. Domain servers exist but no publicly verifiable node-operator count or geographic distribution map (the live dashboard at dashboard.auki.network/map is JS-rendered and did not yield numerical values on plain fetch). Hardware bar is mid-tier (RTX-class GPU, 12 GiB RAM, CUDA 12.8). Score reflects a permissioned beta network with an honest roadmap rather than an operating decentralised infrastructure.

Governance decentralisation4/20

No on-chain DAO governance verified. AUKI is not described as a governance token in the whitepaper — it is utility-only. The Posemesh Foundation and Auki Labs Limited (Hong Kong) jointly steer the protocol; OpenZeppelin notes 'many of the components will be governed by Auki Labs (both on-chain and off-chain)' in earlier iterations. Auki Labs' own statement: 'We have a great deal of centralized control over the protocol in its current shape.' No governance portal, snapshot space or proposal forum located.

Token distribution fairness9/15 Established

Whitepaper allocation table (verified Tier-1): insider weight is 30.49% (15.58% team + 6% accelerator + 4.60% seed + 4.38% early bird; this excludes broader pre-sales). 18.74% to a 7-year Foundation vest is unusually long and aligned. Daily linear vesting across every category (no quarterly cliff dumps) was an explicit anti-volatility design choice and is verifiable on CryptoRank's unlock schedule. The team allocation respected a 6-month cliff before vesting commenced 28 February 2025. No day-one TGE major unlock. The community airdrop and public-sale tranches (KOL 0.34% + community 0.15%) are small, which caps fairness even though the structure is unusually clean for a 2024 launch.

Our independent check
We measured

The top ten AUKI addresses hold most of the supply, and all eight unlabelled wallets among them trace back to the token deployer. The top 10 AUKI addresses hold 83.80% of the 9,989,714,427 on-chain supply, and all eight unlabelled EOAs among them trace by largest inbound transfer to the token deployer. 79.74% sits in those EOAs, 3.01% in the labelled MerkleVester contract and 1.06% at MEXC. No DEX or CEX appears anywhere in the acquisition path of the top nine. Enumerated every inbound ERC-20 transfer for each top holder and followed the LARGEST rather than the first, then repeated that hop to its origin. The distinction is what decides the case here: the first inbound to five of these wallets is a 1 AUKI test transfer, which is what the 2026-08-10 funding trace followed, and why it returned an inconclusive 'from:eoa (chain)'. Ingestion only, verdict human-set.

Our call

Established The whole 10B genesis mint went to the deployer, which split it across five pass-through wallets into one hub that funds the largest holders directly or one hop on. None of the top nine acquired on the open market, so the concentration is distribution structure. Origin alone cannot separate team from investor or ecosystem holdings, and Auki has not published which wallets are whose. Distribution fairness stays 9/15 pending the monthly review, against a published 30.49% insider weight.

evidence → signed · as of 2026-09-24 · how it’s signed
Censorship resistance8/15 Established

AUKI ERC-20 contract on Base is a UUPS upgradeable proxy — Auki Labs can change the implementation. The OpenZeppelin audit found the pause-token-operations function did not pause allowance changes; pause mechanism is owner-controlled. No explicit blocklist found in the public contract review. Spatial data is stored off-chain in domain servers operated by participating retailers or community nodes, which gives the on-chain settlement layer reasonable resistance but leaves the perception layer exposed to off-chain takedown. Censorship of the AUKI token itself is feasible by the contract owner; censorship of the perception network is feasible by Auki Labs while infrastructure remains centralised.

Our independent check
We measured

The AUKI token is upgradeable, pausable and mintable without a cap, and one 4-of-6 Safe holds or can grant all three powers. The AukiToken is the deepest admin surface in the campaign so far: (1) it is a UUPS UPGRADEABLE proxy, so the 4-of-6 Safe (UPGRADER_ROLE) can replace the entire token logic, including adding a blacklist or fee; (2) it is PAUSABLE - _beforeTokenTransfer AND _approve both carry whenNotPaused, so a pause (PAUSER_ROLE) freezes all transfers and approvals; (3) it has an uncapped mint (MINTER_ROLE); (4) DEFAULT_ADMIN_ROLE (the same 4-of-6 Safe) can grant MINTER/PAUSER to any address. Live state: paused()=false, and the current implementation has NO per-address blacklist and NO fee/transfer tax. So today the token transfers freely, but the 4-of-6 Safe holds pause (grantable), mint (grantable) and full-logic upgrade powers. Manual read of the verified implementation for the pause/upgrade/mint surface + live paused()/role/Safe-threshold reads. Ingestion only, verdict human-set.

Our call

Established Today the token transfers freely, with no blacklist and no fee. The Safe can rewrite the token logic, including adding censorship functions that do not exist now. Separate from the network-layer censorship score.

evidence → signed · as of 2026-09-24 · how it’s signed
Data sovereignty10/15

The posemesh whitepaper makes privacy-preservation a first-order design goal: domain servers are operated by the domain owner (the retailer or venue), spatial data is exchanged peer-to-peer in 'voluntary and trustless clusters', and the protocol aims to keep 'data and compute confined to the voluntary and trustless clusters'. Reconstruction is done on community-operated GPU nodes from scan submissions rather than centralised cloud uploads. Where it falls short: cloud LLM providers are the default reasoning layer for Cactus (OpenAI, Anthropic, Google), which routes some user interaction through centralised third parties, and Auki Labs holds operator MPC roles for the network during the centralised phase. Strong design, weaker current implementation.

Open source transparency11/15 Verified

MIT licence on the posemesh core repo and reference node implementations (reconstruction-server, splatter-server, hagall, auki-sdk). exocortex and helm-charts, earlier listed here as MIT, carry no licence file, and 16 of the 37 non-fork repositories in the aukilabs org carry none (GitHub API read, 18 September 2026; integrity open_source_footprint). Contracts are source-verified on BaseScan. OpenZeppelin audit findings and resolutions published. Token allocation tables and vesting schedules published as a Tier-1 whitepaper on GitBook. Caveats: 90% of posemesh repo commits come from three contributors (shuning-auki, jnkvca, tatiesmars) which is concentrated, and the live posemesh dashboard did not return numerical telemetry on plain fetch, so the network's operating data is not as transparent as the codebase.

Our independent check
Auki says

“Based on the open source posemesh protocol, the real world web is a decentralized spatial computing network” source →

We found

Re-read 2026-09-18 through the GitHub API: 37 non-fork public repositories in github.com/aukilabs (55 public in total, 18 of them forks), 16 carrying no licence file and 21 not pushed in 180 days, newest push auki-sdk on 2026-09-18. The protocol repositories are MIT-licensed and active: posemesh (MIT, 47 stars, pushed 2026-08-11), reconstruction-server (MIT, pushed 2026-08-12), auki-sdk (MIT) and hagall, the posemesh network server (MIT). The AUKI token contract itself declares no SPDX licence ('None' on BaseScan). Direct GitHub org/repo metadata reads (public_repos, licence, stars, pushed_at) + getsourcecode licence field. Ingestion only, verdict human-set.

Our call

Verified The posemesh protocol code is public under MIT and actively developed. The count is on a non-fork basis. Nearly half the non-fork repositories carry no licence file, and the token contract is unlicensed.

evidence → signed · as of 2026-09-24 · how it’s signed
Returns Score
F 34/100 ?

Overall returns potential is weak at 34/100. Strongest dimension: token utility (9/20). Weakest: revenue sustainability (3/25).

Token utility9/20

Burn-for-credit on Cactus service consumption, operator reputation stake on reconstruction and domain nodes, and a developer-grant currency. Passive holding earns no yield. No governance vote and no dividend, per the whitepaper utility design.

Value accrual8/20

Each AUKI burn triggers a deflationary mint smaller than the burn, trending supply toward a five-billion equilibrium. The mechanism functions but on-chain throughput is small (DeFiLlama's trailing-year on-chain fees are under a third of the roughly $371,000 of annualised incentive emissions it measured in June 2026, so net on-chain earnings are firmly negative), and Cactus is billed in USD, not AUKI.

Supply dynamics9/20 Verified

The whitepaper sets daily linear vesting with an 84-month Posemesh Foundation vest, but code enforces little of it: 79.74% of supply sits in deployer-traced plain wallets and 3.01% in the MerkleVester. The mint is uncapped behind a 4-of-6 Safe, and the top 10 hold 83.8% (24 Sep 2026).

Our independent check
Auki says

“The posemesh economy begins with an initial mint of 10 billion $AUKI tokens, after which the supply will deflate as services are consumed.” source →

We found

The current supply matches (on-chain total 9,989,714,427 AUKI against the 10B initial mint, with ~0.1% burned, consistent with deflation having just begun), BUT nothing about the schedule is enforced by immutable code. AukiToken (Base 0xf956...5df4) is a UUPS UPGRADEABLE proxy (impl 0x408b...dfcf) whose logic can be replaced, and the current implementation exposes an uncapped mint(to, amount) gated to MINTER_ROLE behind a 4-of-6 Safe. Neither the 10B ceiling nor the 5B floor is a code constraint. Manual RPC reads of supply, impl slot, role membership and Safe config, cross-read against the verified implementation (mint has no cap; UUPS _authorizeUpgrade gated to UPGRADER_ROLE). Ingestion only, verdict human-set.

Our call

Verified The initial mint and the early net burn match the chain. The deflation path is a design statement that no code enforces: the token is UUPS-upgradeable with an uncapped mint behind a 4-of-6 Safe, so neither the 10B ceiling nor the 5B floor is a code constraint. The whitepaper is on GitBook; the old www.auki.network site no longer resolves.

evidence → signed · as of 2026-09-24 · how it’s signed
Revenue sustainability3/25 Established

DeFiLlama tracks about a quarter of a million dollars of cumulative on-chain fees since launch, and the trailing-year figure keeps falling. It sits under a third of the roughly $371,000 of annualised incentive emissions measured in June 2026, so net on-chain earnings are firmly negative. Auki's projection of $10 to $20 million ARR by summer 2026 (community update, 5 February 2026) is not reflected in DeFiLlama's revenue line and remains unverified at research date.

Our independent check
We measured

Auki's on-chain revenue is small, and most of the all-time total was earned earlier rather than recently. DeFiLlama's open-source adapter for Auki reports $249,293 all-time, $109,288 over the trailing year and $1,030.28 over the trailing 30 days (read 2026-09-21). Annualising the 30-day figure gives roughly $12.5K, an order of magnitude below the trailing year, so the revenue in the cumulative number was earned earlier rather than recently. DeFiLlama dimension adapters report fees and revenue as the SAME number for this protocol (no take-rate split modelled), so 'revenue' here is gross fees, not a protocol take. Our stored anchor is the all-time cumulative figure. Whole-list fetch of DeFiLlama's 2,729-protocol fee index, matched locally on slug and gecko_id, so absence from the list is a measurement rather than a failed lookup. Ingestion only, verdict human-set.

Our call

Established Score held at 3/25. The adapter reports fees and revenue as one number, so this is gross fees. Read the 30-day rate against the cumulative, which only rises.

evidence → signed · as of 2026-09-24 · how it’s signed
Liquidity & access5/15 Established

Thin daily volume against a microcap valuation, with no top-tier centralised exchange listing. MEXC is the only centralised venue; the rest of the liquidity sits in Base DEX pools (Uniswap, PancakeSwap, Aerodrome) plus a bridged AUKI/PEAQ pair on MachineX. A mid-size holder rotating would move the price.

Our independent check
We measured

AUKI trades thinly: MEXC is its only centralised venue, and the rest of its liquidity sits in Base DEX pools and a MachineX pair. 7 tickers on CoinGecko, re-read 2026-09-24 (8 on 2026-09-18). At the 18 September read MEXC was the only centralised venue, at 30.7% of flow, and the rest was Base DEX depth (PancakeSwap V3, Uniswap V3 and V4, Aerodrome, Hydrex) plus a MachineX pair. Turnover was a 0.241% 7-day median, so a mid-size holder rotating would move the price. Paginated the CoinGecko ticker set and summed 24h volume per venue; turnover from the trailing 7-day median of volume over market cap.

Our call

Established Turnover is very thin, so a mid-size holder rotating would move the price.

evidence → signed · as of 2026-09-24 · how it’s signed
Quadrant D — Avoid ?
Price
$0.0062
Market Cap
$31.9M
FDV
$61.8M
24h Change
-8.4%
-8.4%

Not financial advice. Scores are opinions, not recommendations. Crypto is high-risk – you could lose everything you invest. Full disclaimer.

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Own Your Mind rating: Freedom D 49/100, Returns F 34/100

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Token Details
AUKIBase (canonical ERC-20, UUPS proxy) with LayerZero-bridged extension to peaq
· Updated
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Value Loop

Asymmetric burn-mint and operator reputation stake

Spatial-computing DePIN with two product surfaces (Cactus retail copilot, posemesh perception network) and one settlement mechanic: retailers and developers burn AUKI for off-chain service credits; each burn triggers a deflationary mint mathematically smaller than the burn, so supply trends toward a 5B equilibrium against a 10B mint ceiling. Operators of reconstruction and domain nodes stake AUKI as reputation to be eligible for work.

AUKI Value Loop Asymmetric burn-mint and operator reputation stake SERVICE DEMAND Cactus + posemesh credits USD-priced off-chain BURN FOR CREDIT AUKI → BurnContract credits issued off-chain SMALLER MINT mint < burn supply trends to 5B OPERATOR STAKE reputation in AUKI reconstruction + domain DEFLATIONARY BURN-MINT Each burn issues credits and a smaller deflationary mint. Supply asymptotes to 5B. PROTOCOL DESIGN 10B MINT CEILING 5B equilibrium target BURN-MINT MECHANIC smaller mint per burn deflationary by design VESTING daily linear schedules 84-month Foundation vest OPERATOR ROLE reputation stake in AUKI reconstruction + domain nodes DEMAND SOURCE Cactus retail credits, developer + operator grants Cactus spatial-AI retail copilot posemesh decentralised perception network ownyourmind.ai/projects/auki Independent DeAI Research

What it does

Auki Labs is a Hong-Kong-based spatial-computingSpatial ComputingComputing systems that understand and operate within the three-dimensional structure of a physical space. Combines computer vision, sensor fusion and 3D mapping so that software can reason about where things are, not just what they are.Regular computing tells you what's in an image. Spatial computing tells you that the cereal box is on shelf three, two metres from the till, with eight units left. The room becomes the user interface.Spatial Computing in the glossary → company founded in 2019 by Nils Pihl (CEO) and Santeri Aramo (COO). The team is small, around 32 people per LinkedIn, and the funding history is light: roughly $13.25 million across a $250,000 pre-seed and a $13 million seed led by Shima, Kenetic and Animoca in March 2022.

The product roster is two layers. Cactus is the B2B spatial-AI retail tool that gives shop staff a phone, smart-cart or robot-mounted view of the store’s inventory state, with an AI copilot that knows where each product sits. The posemeshPosemeshA decentralised machine-perception network built by Auki Labs. Domain servers host the 3D map of a venue, reconstruction servers turn scans into spatial data, and Hagall handles real-time networking between devices.A neighbourhood watch for physical spaces. Every venue owner runs a local server that knows the layout of their space; devices ask the nearest one for directions, and the protocol coordinates updates without a central operator owning the map.Posemesh in the glossary → is the underlying decentralised perception network: domain servers host a persistent spatial map per venue, reconstruction servers turn customer scans into 3D point clouds or gaussian splatsGaussian SplatA 3D rendering technique that represents a scene as millions of small fuzzy ellipsoids ("Gaussians") instead of polygon meshes. Each splat has position, colour and shape; rendering blends them together for a photorealistic view.Instead of building a 3D model out of LEGO bricks (polygons), you spray-paint it with millions of tiny coloured smudges that blur together when you step back. The result looks like a photograph rather than a video-game model.Gaussian Splat in the glossary →, and the Hagall layer handles real-time networking between devices.

The AUKI tokenTokenA digital unit of value or access rights tracked on a blockchain. Tokens can represent ownership in a project, a right to use a service, a share of future revenue, or simply a tradable asset with no underlying claim.Like a physical poker chip a casino issues. The chip itself has no value. What makes it worth something is what it lets you do at the casino, what the casino has promised, and how much other people will pay you for it.Token in the glossary → sits at the protocol layer. Retailers and developers burn AUKI to receive non-transferable off-chain service credits. Operators of reconstruction and domain nodes stake AUKI as reputation to be eligible for work and rewards. Cactus, the customer-facing retail product, is billed in USD, not AUKI. Hold that decoupling in mind through the rest of this review.

Cactus is the part that ships

The cleanest evidence-led story on the Auki page is Coop Stora Visby in Sweden. Coop Sweden ran a four-month Cactus deployment at the Stora Visby flagship, a 5,000-plus-square-metre store with 24,000-plus SKUs and dozens of employees. The published case study reports a minimum 15 minutes saved per user per day, one daily recurring shift-handover meeting eliminated, and staff productivity gains across pick-and-pack, replenishment and customer assistance. ESM Magazine carried a retail-trade write-up of the same deployment, which gets it past the self-reported-only bar.

Beyond Visby, the pilot roster is documented but smaller than third-party commentary suggests. Pepito in Bali is live. Reitan REMA 1000 in Denmark started a three-store pilot in 2025 with what Auki describes as potential to scale across 1,900 locations. FairPrice in Singapore began a pilot in January 2026. Auki’s Mars Inc partnership covers “thousands of new locations” under NDA with no public deployment count. A US Fortune 500 chain is named in community updates without disclosure of which.

Auki’s 5 September 2026 community update says it has signed a first contract with a gas-leak monitoring partner that already does this work across retail locations, with the first detection robot due “hopefully within a month”. The partner is unnamed and the deal unpriced, so this is Auki’s claim alone.

Here is the correction the DeAI triage system flagged. The “40,000 retail stores” figure that surfaced in commentary on 13 May 2026 is not in Auki’s own communications. It most likely conflates an unrelated Retail Dive headline about projected US store closures with Auki’s pilot footprint. Auki’s own figure is 6,500-plus retail locations representing the combined chain-footprint of pilots running paid Cactus, with Auki’s explicit caveat in the 1 December 2025 community update that “these aren’t all simultaneously active” and that “large retailers typically pilot across 3 to 30 locations”. The active deployment count is in the dozens. Treat any figure higher than that as marketing until primary-checked.

The product clearly works in the stores where it has run. The headline number being marketed in DeAI Twitter and triage docs is not Auki’s own.

The posemesh, currently centralised

The OpenZeppelin audit that covers AUKI’s five Solidity contracts also describes the posemesh as “currently a centralised system” with multi-party-computation wallets controlling privileged on-chain roles. Auki Labs has not pushed back on that framing in public. The 17 May 2025 community update used the phrase “a great deal of centralized control over the protocol in its current shape” and described progressive decentralisation as a roadmap. So the centralisation is admitted by both auditor and project.

The architecture is meant to decentralise. Reconstruction servers consume scan jobs from the Auki Domain Management Tool app and run a custom structure-from-motionStructure From MotionA computer-vision pipeline that reconstructs the 3D structure of a scene from a series of 2D photos taken from different angles. Used to build spatial maps for AR, robotics and decentralised perception networks.Walk around a sculpture and take twenty photos from different angles. Structure-from-motion is the algorithm that figures out where you were standing for each photo and uses that to reconstruct the 3D shape. The camera positions and the 3D model fall out of the same calculation.Structure From Motion in the glossary → pipeline. The Docker stack is open-source under the MIT licence (Python, Rust and C++). The hardware bar is a mid-tier NVIDIA GPU: 8 CPU cores, 12 GiB of RAM, 8+ GiB of VRAM, CUDACUDANvidia's parallel computing platform. The software layer that lets AI workloads run on Nvidia GPUs. Almost every serious AI model is trained and served through CUDA, which is why Nvidia has a structural moat in AI compute.Like electrical plugs. You can build any kind of appliance, but if every socket in the country is one specific shape, you have to match it. CUDA is that socket shape for AI, and Nvidia owns the factory that makes them.CUDA in the glossary → 12.8 and 10 Mbps of connectivity. The H2 2025 recap describes the reconstruction network as being in “closed beta with a handful of community node operators.” Domain servers are the lighter path and run on minimal CPU, but the same beta gating applies to participation.

The GitHub posture is open. The aukilabs organisation runs 55 public repositories, 37 of them original rather than forks, and 16 of those 37 carry no licence file (GitHub API read, 18 September 2026). The posemesh core repo is MIT-licensed with 47 stars and a last push of 11 August 2026, and at the May 2026 research date it had 474 commits from 12 contributors. The code-concentration caveat holds: 90% of the commits come from three contributors (shuning-auki, jnkvca, tatiesmars), which is consistent with a 32-person company and sits awkwardly beside the protocol’s decentralisation claims.

The audit verdict on the contract side itself is solid. OpenZeppelin reviewed AukiToken, BurnContract, RewardLiquidityPoolContract, StakingContract and UUPSProxy between 13 and 15 November 2023. Zero critical findings, zero high, two medium, two low and nine notes. Eleven of thirteen findings were resolved via PR #48. The two medium findings flagged are the kind that matter for an upgradeable token: the paused contract did not pause allowance changes (since fixed), and the DEFAULT_ADMIN_ROLE was assigned with the default unsafe pattern. Both are documented and addressed.

The risk that the audit does not fully resolve is the proxy posture itself. AUKI is a UUPS upgradeable proxyUUPS ProxyA pattern for upgradeable smart contracts where the upgrade logic sits in the implementation contract itself. Cheaper gas than the older Transparent proxy, but the implementation must be written carefully or the contract can be bricked.A power tool where the swappable head also contains the swap button. Pull the head off, snap on a new one with a new button, you can keep using the tool. But if the new head forgets to ship a swap button, the tool is now stuck on whatever head you just attached.UUPS Proxy in the glossary → at 0xf9569cfb8fd265e91aa478d86ae8c78b8af55df4 on Base. The implementation contract is 0x408Be34f38bE0ccD19F3acFE76C0b0Ff658EdFcF, last upgraded 14 July 2024. Pause, upgrade and an uncapped mint all sit behind a 4-of-6 Safe, so its key-holders can change the implementation. For a token that is supposed to clear retail commerce, that is a meaningful chokepoint.

Tokenomics

Auki’s whitepaper sets an initial mint of ten billion AUKI and an equilibrium target of five billion. Neither bound is enforced in code: the upgradeable token carries an uncapped mint behind a 4-of-6 Safe. Total supply on-chain is about 9.99 billion. Circulating supply per CoinGecko is approximately 4.43 billion, which is about 44% (CoinMarketCap’s lower figure appears stale).

Cumulative on-chain fees since launch are $254,298 per DeFiLlama, with $79,488 over the trailing year (October 2026 read, down from $102,983 in September, $146,781 in August and $166,400 in June). Annualised on-chain incentive emissions ran at roughly $371,000 when last measured in June 2026, so set against that figure net on-chain earnings are roughly negative $292,000.

Circulating supply Live · CoinGecko · 19 Oct 2026
5.15B
Circulating
51.59% of total
9.99B
Total supply

The allocation table sums to exactly 100% per the whitepaper:

Category%Vesting
Ecosystem Rewards30.0036-month daily linear
Posemesh Foundation18.7484-month daily linear (longest in the schedule)
Team15.5842-month, 6-month cliff (opened 28 Feb 2025)
Token Infrastructure7.00Immediate at TGE (market-making and liquidity)
Pre-sale 1 + Pre-sale 26.5024-month daily linear (Pre-sale 1) / 18-month (Pre-sale 2)
Accelerator (Outlier Ventures)6.0042-month, 6-month cliff
Advisors4.9336-month daily linear
Seed3.5148-month daily linear
Pre-seed1.0948-month daily linear
Early Bird4.5018-month daily linear
Community / KOL Pre-sale2.15Shorter daily linear schedules

On paper the vesting is unusually disciplined for a 2024 launch. The whitepaper puts each allocation on a daily linear schedule, with no day-one major TGE release beyond the 7% Token Infrastructure tranche that seats market-making, and no cliff longer than six months. Combined insider weight (team plus accelerator plus seed plus pre-sale tranches) sits in the 25-to-35% range depending on definition, which is below the typical 40-to-50% range for comparable 2024 launches.

Code enforces little of that schedule. The top 10 addresses hold 83.8% of supply: 79.74% in eight plain wallets that trace to the token deployer, and only 3.01% in the MerkleVester contract (24 September 2026). So the release schedule rests on Auki’s word.

The economic mechanism is a burn-for-credit-mint loop. A retailer or developer wants Cactus service credits, denominated off-chain in USD. They burn the dollar-equivalent of AUKI into the BurnContract. The protocol records the credit and triggers a deflationary mint that is mathematically smaller than the burn. Net effect: supply trends toward the five-billion equilibrium. Holders earn nothing from the mechanism; the value claim is that as throughput grows, the supply curve compounds against demand.

The flywheel is currently trivial. With trailing-year on-chain fees small and falling, the burn-mint mechanism is not yet meaningfully reducing supply. The deflationary structural claim is sound. The flow that would activate it is absent.

The price action reflects the cap-table arithmetic. AUKI printed an all-time high of $0.1812 on TGE day, 28 August 2024 (CoinGecko records its own high lower, at $0.0606 on 26 January 2025, so treat the TGE-day print as a thin-liquidity spike). The current price sits roughly 97% below the TGE-day high. The all-time low of $0.004161 was set on 5 February 2026. The MCap/FDV ratio is about 0.44. Twenty-four-hour volume is thin against the cap.

The token is bridged to peaq via LayerZero (Stargate and Superbridge), and the AUKI/PEAQ pair trades on MachineX, the peaq ecosystem DEX. That cross-chain footprint is the strongest piece of the access story: it gives AUKI a foothold in the machine-economy DEX network that peaq has been building.

How to participate

Operating a reconstruction node is open-source (MIT, Docker stack) but the network is in closed beta. The hardware bar is a mid-tier NVIDIA GPU; AUKI reputation stake is required to earn rewards, but the specific stake amount is not publicly documented at research date. Node deployment runs through the NuNet Appliance per the December 2024 Posemesh x NuNet partnership announcement, with NuNet’s Device Management Service handling capability matching and on-chain settlement.

Operating a domain server is the lighter path. Minimal CPU is enough to host a persistent spatial map of a venue, and rewards flow when devices query the domain. The same closed-beta gating applies; the same reputation stake requirement applies.

Building on the posemesh is permissionless. Fork the core Rust repo (MIT), use the published Unity SDKSDKSoftware Development Kit. A collection of code libraries, documentation, and tools that lets developers integrate a service into their applications without writing everything from scratch. SDKs are how projects become easy to build with.Like a plug-and-play kit for building furniture. You don't have to mill your own wood, forge your own screws, or design the joinery from scratch. The kit gives you pre-cut parts and instructions so you can assemble the thing in an afternoon.SDK in the glossary → or React Native bindings, and apply for a developer grant of up to $100,000 in AUKI per project. Auki’s 11 September update adds a revamped Auki SDK in a separate MIT-licensed repository (aukilabs/auki-sdk), which Auki calls experimental, while the older Posemesh SDK is the one it runs with customers.

Using Cactus as a retailer requires a paid pilot agreement with Auki Labs at $10,000-plus per chain. The product targets enterprise scale: the Coop Stora Visby reference case is a 5,000-plus-square-metre flagship with 24,000-plus SKUs. Smaller retailers are not the addressable market.

Passive AUKI holding earns nothing. There is no stakingStakingLocking up a cryptocurrency to help secure a blockchain network, usually in exchange for rewards. The locked tokens act as a security deposit that can be taken away if the staker misbehaves.Like putting down a large rental deposit for an apartment. You get the money back if you behave, you earn interest while it's locked, and the landlord takes it if you trash the place.Staking in the glossary → yield, no governance vote, no dividend. The reputation-stake mechanism is reserved for active operators.

Honest assessment

What works. Cactus has at least one externally documented productivity outcome (Coop Stora Visby, ESM Magazine wrap, 15 minutes per user per day saved). The posemesh protocol code is MIT-licensed, though 16 of 37 non-fork repositories carry no licence file, and there is an OpenZeppelin audit clean of high-severity findings. The whitepaper vesting schedule is disciplined (daily linear, 84-month Foundation vest), though code enforces almost none of it. Cross-chain liquidity to peaq is concrete and gives Auki a foothold in a machine-economy DEX network that already exists. Founding-membership of the Intercognitive Foundation with peaq, Geodnet, Mawari and Tashi is the closest thing to a physical-AI consortium in DeAIDeAIDecentralised AI. An umbrella term for blockchain-based projects that build AI infrastructure (compute, data, inference, models, agents) without a single central provider controlling the system.Like the difference between streaming a movie from Netflix and sharing it via BitTorrent. Netflix is fast and polished but one company controls what you can watch and what you pay. BitTorrent is messier but no single operator can shut you out.DeAI in the glossary →; Openmind sits adjacent on the runtime side.

What’s hype. The 40,000-retail-stores figure that surfaced in DeAI commentary is not in any Auki publication. Auki’s own number is 6,500-plus combined chain-footprint with the explicit caveat that the locations are not simultaneously active. The “decentralised reconstruction network” framing describes a network that is in closed beta with a handful of operators. The deflationary supply mechanism is mechanically sound but currently irrelevant: DeFiLlama’s trailing 30 days of on-chain fees annualise to roughly $13,000 . The self-reported “$10 to $20 million ARR by summer” projection from the 5 February 2026 community update is not reflected in DeFiLlama’s revenue line. The Reitan REMA 1000 “1,900 locations” figure is footprint potential per the primary source, not deployment.

Key risks. Centralisation is admitted by both OpenZeppelin and Auki Labs. Cactus revenue is USD-billed, not AUKI-billed; the headline product does not currently drive token demand. The UUPS upgradeable proxy and owner-controlled pause sit on a token that is supposed to settle retail commerce. The 90% concentration of posemesh-core commits across three contributors is consistent with the team size but a soft bus-factorSybilA single entity controlling many wallets that pretend to be independent participants. Used to game airdrops, governance votes, fair-launch allocations, and any system that distributes value or weight per address.Like one person showing up to a free-sample stand wearing twenty different disguises. The booth attendant thinks they are handing out twenty samples to twenty customers; the warehouse runs out twenty times faster, and most of the giveaway ends up in the same kitchen.Sybil in the glossary → flag. The Discord vanity-URL hijack in February 2026 indicates immature security operations for an enterprise project handling retail data. Twenty-four-hour volume is thin against the market cap and there is no top-tier centralised-exchange listing.

Position. Auki sits in the same shelf as peaq on the DePIN side and Openmind on the physical-AI side. Peaq has the broader machine-economy footprint and is the canonical home for AUKI’s cross-chain liquidity. Openmind ships an open-source robot runtime on shipping OEM hardware but its FABRIC coordination layer is mostly forward-dated; AUKI’s posemesh is the spatial-perception counterpart, equally early on the decentralisation curve. Both pair naturally with Geodnet as the positioning piece, which is the framing the Intercognitive Foundation makes explicit. The compute orchestration layer underneath the posemesh is NuNet, which sits on the same architectural-honesty axis as Auki: both publish small but verifiable production figures rather than inflated ones.

Fact: Cactus is billed in USD; AUKI burns are the protocol-layer settlement, not the customer-facing currency. Take: That is honest engineering and the central problem for the token thesis. The retail product does not currently drive AUKI demand. The token earns its place only through the eventual reconstruction-node operator economy and protocol-fee burns from developers and integrators. Neither flow is meaningful at research date. Bet on Auki the company if you bet at all; the AUKI token thesis needs the burn-mint loop to grow by an order of magnitude before the supply mechanic compounds against demand.

Freedom Score: 49/100

D-grade. Disciplined tokenomics and honest open-source posture undercut by admitted protocol centralisation, closed-beta operator network, and an upgradeable token contract with owner-controlled pause.

DimensionScoreReasoning
Infrastructure Decentralisation7/20OpenZeppelin’s audit explicitly calls the posemesh “currently a centralised system” with MPC wallets controlling privileged on-chain roles. Reconstruction-node network is in closed beta with a handful of operators. No publicly verifiable operator count or geographic distribution.
Governance Decentralisation4/20AUKI is utility-only per the whitepaper. No on-chain DAODAODecentralised Autonomous Organisation. A way to coordinate decisions and manage a treasury using token-weighted voting instead of a traditional company structure. Token holders propose and vote on changes directly.Like a shareholder-run company where every shareholder can vote on every decision, the votes are public, and the company can't do anything the shareholders don't approve. The coordination is messier than a normal company but nobody has unilateral control.DAO in the glossary → governance. Posemesh Foundation and Auki Labs Limited (Hong Kong) jointly steer. The audit’s centralisation language applies here too.
Token Distribution Fairness9/15Daily linear vesting across each allocation. Posemesh Foundation on an 84-month vest is the longest in the schedule. No day-one major TGE release. Insider weight in the 25-to-35% range is moderate. Community-distributed share under 1% caps the dimension below the A-band.
Censorship Resistance8/15UUPS upgradeable proxy on Base means Auki Labs can change the implementation. Pause is owner-controlled and per the audit did not originally pause allowance changes (since fixed). Spatial data is stored off-chain in operator-controlled domain servers, which gives the perception layer reasonable distribution but leaves it exposed during the centralised phase.
Data Sovereignty10/15The whitepaper makes privacy-preservation a first-order design goal. Domain servers are operated by the venue owner; spatial data is exchanged peer-to-peer in voluntary clusters. Cactus uses cloud LLMLLMLarge Language Model. A neural network trained on vast amounts of text to predict the next word in a sequence. Modern LLMs (GPT, Claude, Llama, Qwen, DeepSeek) generate human-quality text and are the foundation of most modern AI products.Like an autocomplete that read every book ever written. It has no memory of individual texts but it has absorbed the patterns of language so deeply that it can generate paragraphs that sound human. The skill is statistical, not conscious.LLM in the glossary → providers (OpenAI, Anthropic, Google) as default reasoning, which routes user-facing interaction through centralised third parties and caps the dimension.
Open Source Transparency11/15MIT licence on the posemesh core, reconstruction-server and splatter-server, though 16 of 37 non-fork repositories carry no licence file. Contracts source-verified on BaseScan. OpenZeppelin audit published in full. Whitepaper allocation table published. 90% of posemesh-core commits from three contributors, and the live posemesh telemetry dashboard did not return numerical values on plain fetch, both of which pull this back from the upper band.

Returns Score: 34/100

F-grade. Clean utility design and a disciplined vesting schedule on paper that code doesn’t enforce, but value accrual is small enough to be irrelevant at current throughput, Cactus revenue does not drive token demand, and liquidity is thin without a top-tier CEX listing.

DimensionScoreReasoning
Token Utility9/20Burn-for-credit on Cactus service consumption, operator reputation stake on reconstruction and domain nodes, developer-grant currency. No staking yield, no governance vote, no dividend for passive holders.
Value Accrual8/20Each burn triggers a deflationary mint smaller than the burn, trending supply toward a five-billion equilibrium. The mechanism functions but on-chain flow is small (DeFiLlama’s trailing-year fees are under a third of the ~$371,000 annualised incentives it measured in June 2026, so net on-chain earnings are deeply negative). Cactus is billed in USD, not AUKI, which decouples the headline product from token demand.
Supply Dynamics9/20The whitepaper sets daily linear vesting, with an 84-month Posemesh Foundation vest. Code enforces little of it: 79.74% of supply sits in deployer-traced plain wallets and only 3.01% in the MerkleVester. The mint is uncapped behind a 4-of-6 Safe, and the top 10 hold 83.8% (24 September 2026 read).
Revenue Sustainability3/25DeFiLlama’s trailing-year on-chain fees are small and falling, under a third of the roughly $371,000 of annualised incentive emissions measured in June 2026, so net on-chain earnings are deeply negative. The self-reported “$10 to $20 million ARR by summer” projection from the 5 February 2026 community update is not yet reflected in any independent data source.
Liquidity & Access5/15Thin daily volume against the market cap. MEXC is the only centralised venue, with no top-tier listing. The rest of the liquidity sits in Base DEX pools (Uniswap, PancakeSwap, Aerodrome) plus a bridged AUKI/PEAQ pair on MachineX. A mid-size holder rotating would move the price.

Score change log

DateScoreChangeReason
2026-10-20DataN/AOn-chain fees refreshed: $79,488 trailing year, $254,298 since launch (DeFiLlama, October 2026); net on-chain earnings about negative $292,000. Scores unchanged.
2026-10-04DataN/AAdded Auki’s self-reported first gas-leak monitoring contract (5 September update, partner unnamed). Scores unchanged.
2026-10-04DataN/AAdded the revamped, MIT-licensed Auki SDK repository from the 11 September update, described by Auki as experimental. Scores unchanged.
2026-09-25ScoreReturns 36 → 34 (F held)Supply Dynamics 11 → 9: 79.74% of supply sits in deployer-traced plain wallets and 3.01% in the MerkleVester, so code enforces little vesting, and the mint is uncapped behind a 4-of-6 Safe. Supply type set to uncapped.
2026-09-24DataN/ATrailing-year on-chain fees restated to $102,983 (DeFiLlama, 24 Sep), the 10B supply bound reworded as an uncoded initial mint, GitHub and liquidity-venue counts refreshed, the ARR projection re-dated to 5 Feb 2026, and Auki’s pilot footprint no longer called verified. Scores unchanged.
2026-09-23DataN/ALicence wording corrected: the protocol code is MIT, but 16 of 37 non-fork repositories carry no licence file. Scores unchanged.
2026-09-23DataN/AIntegrity records re-cut: 3 claims now quote Auki’s own pages verbatim and 4 are our own measurements. Scores unchanged.
2026-08-19DataN/ACorrection. The Liquidity evidence carried a hardcoded market cap from CoinGecko, which drifts on every price move. Restated structurally; no score change.
2026-08-15DataN/ADistribution resolved (deferred 2026-08-12). The top 10 hold 83.80% of supply, and all eight unlabelled EOAs among them trace by largest inbound to the token deployer, so the concentration is distribution structure rather than market accumulation. Fairness stays 9/15 pending the monthly.
2026-08-13DataN/ACorrected the supply verdict’s claim text, which read “a fixed 10 billion supply (no inflation)” and contradicted both Auki’s whitepaper and this page: the design is an initial 10B mint deflating toward a 5B equilibrium. Verdict unchanged; neither bound is enforced in code. Attribution moved off www.auki.network, which no longer resolves.
2026-08-12DataN/AWS3 on-chain reconciliation (1->4 verdicts). Supply matches ~10B but is not code-fixed: the Base token is a UUPS upgradeable proxy with an uncapped mint() and pausable transfers, admin + upgrade behind a 4-of-6 Safe (supply_dynamics + token-admin established). Open-source confirmed (aukilabs 53 MIT repos; match). Distribution deferred. Scores unchanged.
2026-08-17DataN/AData refresh. Trailing-year on-chain fees re-read at $146,781, down 11.8% from the $166,400 June anchor; cumulative $246,615. Seven editorial instances updated, net restated to about -$224,000. Score flagged for the monthly.
2026-06-26DataN/ADefiLlama LlamaAI harvest cross-check plus revenue wired to the structured feed, verified independently (CoinGecko + api.llama.fi). Auki is one of the few DeAI projects DefiLlama tracks with real (tiny) on-chain revenue. Refreshed market data: market cap $22.34M (was $34.83M), FDV $50.33M (was $81.85M), MCap/FDV 0.44, circulating ~44% (was 42.55%), price ~97% below the TGE-day high. Reconciled the on-chain revenue against the DefiLlama dailyRevenue feed and refreshed the meta.primary_data snapshot (cumulative fees $242,573, trailing-year $166,400). That resolved the previously inconsistent fee/incentive/net trio: the stale ”-$47,418 net” was arithmetically impossible, now restated as $166,400 trailing-year fees against ~$371,000 of annualised incentive emissions, net about -$205,000. ATH-source nuance retained: CoinGecko records the ATH as $0.0606 (26 Jan 2025), below our cited TGE-day $0.1812 print (annotated as a thin-liquidity spike). Revenue Sustainability stays 3/25 (trivial flywheel regardless); no score change.
2026-05-14EditorialN/ACross-link backfill following the NuNet review publish (same day). Added NuNet reference to the reconstruction-node operating description (NuNet Appliance handles node deployment per the Posemesh x NuNet partnership) and to the Position paragraph as the compute-orchestration peer on the architectural-honesty axis. No score change.
2026-05-14BothN/AInitial publish. Freedom 49/100 (D), Returns 36/100 (F). Watch items for next review: reconstruction-node operator count moving out of closed beta, DeFiLlama on-chain fee trajectory off the $43K annualised line, top-tier CEX listing, any clawback or update on the Mars Inc deployment count, the Posemesh Foundation jurisdiction disclosure, and progressive-decentralisation milestones referenced in the 17 May 2025 community update. The “40,000 retail stores” figure referenced in DeAI triage on 13 May 2026 is unverified and was corrected to 6,500-plus combined pilot footprint at publish.

Score changes, new reviews, one editorial take every two weeks. No spam.

Team overview

Nils Pihl Co-founder & CEO doxxed

Swedish behavioural engineer; studied philosophy at Lund University; prior career in AR/spatial computing and Matterless Studios (an Auki-aligned AR gaming studio). Public-facing CEO; multiple podcast and conference appearances (VRARA, Authority Magazine, 80lv).

@NilsPihl
Santeri Aramo Co-founder & COO doxxed

Public-facing co-founder; quoted on the burn-credit-mint economy in Auki tokenomics communications. Frequent community-update author.

Ted Östrem Co-founder doxxed

Listed as co-founder in Authority Magazine profile of Nils Pihl; not active as primary public face.

Auki Labs Limited (operating company) / Posemesh Foundation (token-issuing non-profit) (Hong Kong (Auki Labs Limited per LinkedIn HQ 7th Floor FTLife Tower, Kowloon Bay); Posemesh Foundation jurisdiction not primary-verified) · ~32 people
Shima Capital (seed lead)Kenetic (seed)Animoca Brands (seed)Outlier Ventures (accelerator + 6% token allocation)Primal CapitalTribe Capital
Total raised: $13.3M
Round Amount Date Lead
Pre-seed $250K 2021-07-31 --
Seed $13.0M 2022-03-24 Shima Capital (with Kenetic and Animoca Brands)
Private pre-sales (multiple tranches) $18.8M 2024-08-28 --

Source: OYM Research · Last updated 2026-10-19

Technical snapshot

Two layers. (1) The posemesh: an off-chain machine perception network where 'domain servers' host persistent spatio-semantic maps of physical spaces and 'reconstruction servers' rebuild 3D point-clouds / gaussian splats from scans submitted by phones, smart glasses and robots. Domain owners and node operators stake AUKI as reputation; consumers (retailers, robot operators) burn AUKI to receive non-transferable off-chain service credits redeemed against domain access, mapping and inference. (2) The AUKI ERC-20 contract on Base, an upgradeable UUPS proxy issuing reputation stakes, burns, reward pool emissions and a deflationary mint that mathematically caps total supply asymptotically at 5 billion (50% of the 10 billion initial mint).

Consensus AUKI inherits security from Base (Ethereum L2). The posemesh layer is described in the OpenZeppelin audit as 'currently a centralised system' governed by Auki Labs both on-chain (MPC wallets hold privileged roles) and off-chain (relay servers, domain orchestration); progressive decentralisation is stated as the roadmap. Reconstruction nodes operate in a closed beta with 'a handful of community node operators' as of the 2025 H2 recap.
Chain Base (canonical ERC-20, UUPS proxy) with LayerZero-bridged extension to peaq
Open source Yes
Licence MIT (posemesh core repo, reconstruction-server, splatter-server, hagall, auki-sdk); exocortex and helm-charts carry no licence file, as do 16 of 37 non-fork repos (GitHub API, 18 September 2026); contract source verified on BaseScan (no license field specified by BaseScan output)
Languages Solidity

Commit Activity

23 commits last 52 weeks +0% 4w trend
Oct Dec Feb Apr Jun Aug Oct 4/wk
Stars
56
Forks
9
Contributors
13
Last Commit
2026-10-17
qr-lab

Community

Discord
6.0K

Audits

OpenZeppelin 2023-11-13

Scope: AukiToken.sol, BurnContract.sol, RewardLiquidityPoolContract.sol, StakingContract.sol, UUPSProxy.sol (commit 841aa7d)

0 critical, 0 high, 2 medium (paused token contract not pausing allowance changes; unsafe use of DEFAULT_ADMIN_ROLE), 2 low, 9 notes. 11 of 13 findings resolved via PR #48; 1 partially resolved; 1 acknowledged (test-key practice). OpenZeppelin's published statement: 'the posemesh is currently a centralised system' with MPC wallets controlling privileged roles.

View report

Source: OYM Research · Last updated 2026-10-19

Tokenomics deep dive

Token utility

  • Burn-for-credit: developers, retailers and robot operators send dollar-denominated AUKI to the burn contract and receive non-transferable off-chain service credits redeemable against posemesh services (domain access, reconstruction, inference, data transfer)
  • Reputation staking: operators of domain servers and reconstruction nodes lock AUKI to become eligible for work and rewards; stake-as-reputation lets the network punish bad behaviour without explicit slashing of working capital
  • Reward emissions: each burn triggers a 'deflationary mint' that funds the reward pool from which operators are paid for verified work output; the mint-to-burn ratio is calibrated to drive total supply asymptotically toward a 5 billion equilibrium
  • Cross-chain liquidity: AUKI on peaq enables AUKI/PEAQ trading on MachineX, the machine-economy DEX
  • Developer grants: up to $100,000 in AUKI tokens per developer grant per Auki Labs' published grants programme

Supply

Supply breakdown: Circulating 42.5%, Locked / Unmined 57.5% 42.55% circulating
Circulating 42.5%
Locked / Unmined 57.5%
Max supply Total supply Circulating Circ. %
10,000,000,000 9,990,598,174 4,251,836,633 42.55%

Allocation

Ecosystem Rewards 30%
Posemesh Foundation 18.74%
Team Allocation 15.58%
Pre-sale 1 8.18%
Token Infrastructure 7%
Accelerator (Outlier Ventures) 6%
Seed & Pre-seed 4.6%
Early Bird 4.38%
Pre-sale 2 2.73%
Advisors 2.3%
KOL Pre-sale 0.34%
Community Pre-sale 0.15%

Method: Pre-seed (Jul 2021) → seed (Mar 2022) → multiple private pre-sale tranches → TGE 28 August 2024 → daily linear unlocks across every allocation, with team and accelerator behind a 6-month cliff that opened 28 Feb 2025. No cliff exceeded 6 months. No day-one major unlock at TGE.

Category % Vesting Cliff
Ecosystem Rewards 30% 36 months daily linear 0 months
Posemesh Foundation 18.74% 84 months daily linear (7-year vest) 0 months
Team Allocation 15.58% 42 months daily linear after cliff 6 months
Pre-sale 1 8.18% 36 months daily linear 0 months
Token Infrastructure 7% 0 months (immediate availability) 0 months
Accelerator (Outlier Ventures) 6% 42 months daily linear after cliff 6 months
Seed & Pre-seed 4.6% 48 months daily linear 0 months
Early Bird 4.38% 36 months daily linear 0 months
Pre-sale 2 2.73% 24 months daily linear 0 months
Advisors 2.3% 24 months daily linear 0 months
KOL Pre-sale 0.34% 12 months daily linear 0 months
Community Pre-sale 0.15% 12 months daily linear 0 months

Emissions

Model deflationary
Burn mechanism Burn-credit-mint loop: consumers burn AUKI to receive off-chain credits; each burn triggers a deflationary mint smaller than the burn so total supply trends asymptotically toward a 5 billion equilibrium (50% of the 10 billion initial mint). The protocol retains a small share of each mint for ongoing improvements. Cumulative on-chain fees recorded by DeFiLlama: $236,982; annualised $43,456 — early-stage flow.
Next event Continuous daily linear unlocks across all allocations; no single cliff unlock greater than 10% of circulating supply remaining in the next 12 months

Vesting timeline

0 months 30%

Ecosystem Rewards cliff

0 months 18.74%

Posemesh Foundation cliff

0 months 8.18%

Pre-sale 1 cliff

0 months 7%

Token Infrastructure cliff

0 months 4.6%

Seed & Pre-seed cliff

0 months 4.38%

Early Bird cliff

0 months 2.73%

Pre-sale 2 cliff

0 months 2.3%

Advisors cliff

0 months 0.34%

KOL Pre-sale cliff

0 months 0.15%

Community Pre-sale cliff

6 months 15.58%

Team Allocation cliff

6 months 6%

Accelerator (Outlier Ventures) cliff

Staking

Type Reputation stake by node and domain operators (work-eligibility lock); no passive holder yield
Lock-up Contract duration (operator-defined); reputation is locked while the operator is provisioning work
Risks: Passive holders earn zero emissions; rewards require verified work output; Reputation lock is binary — operator's stake is tied up but not at risk of explicit slashing per whitepaper; reputation-based punishment is the soft alternative; Reconstruction node beta still 'closed' with a handful of operators (per H2 2025 recap) — staking-to-earn is not yet generally accessible
Slashing: No explicit AUKI principal slashing described in the whitepaper; reputation decay and exclusion from work routing serve as the soft punishment.

Whitepaper distribution sums to exactly 100.0% across 12 categories. Total supply 9.99 billion (Base canonical) under the 10 billion max-supply cap. Circulating supply 4.25 billion (42.55%) per CoinGecko (CMC's 12.56% figure understates the on-chain reality and contradicts BaseScan; CoinGecko is the authoritative reading). MCap/FDV ratio 0.43 indicates ~57% of supply remains locked. ATH of $0.1812 on TGE day (28 Aug 2024) — current price is 95.5% below ATH. No single cliff unlock greater than 10% of circulating supply pending. The deflationary mechanism is consumption-driven: at current $43K annualised on-chain fees the burn flow is too small to meaningfully reduce supply. Equilibrium-supply story is mechanism, not measurable progress.

Source: OYM Research · Last updated 2026-10-19

Participation at a glance

node operation advanced

Run a reconstruction node: a Python/Rust/C++ Docker service that consumes scan jobs submitted by the Domain Management Tool app and outputs point clouds, bounding boxes and gaussian splats. Open-sourced in August 2025 but operated as a 'closed beta with a handful of community node operators' as of the H2 2025 recap.

Hardware Windows 10/11 or Ubuntu 22.04/24.04 LTS, 8 CPU cores, 12 GiB RAM, NVIDIA GPU with 8+ GiB VRAM (RTX 3090/4060/5070 Ti/T4 tested), 40 GB storage, CUDA 12.8, 10 Mbps up/down, Docker (WSL 2 on Windows).
Est. returns Reward pool emissions per verified job; no public emission-per-job figure published. Closed beta operators receive AUKI rewards via the burn-credit-mint loop.
Barriers: Closed beta access — not yet permissionless, Mid-tier consumer GPU plus 10 Mbps connectivity, Linux/Docker proficiency, AUKI reputation stake required (amount not publicly specified)
View guide →
node operation intermediate

Run a domain server: host persistent spatio-semantic data about a physical environment (a store, an event venue, a vineyard); earn rewards when other devices query the domain.

Hardware Minimal CPU per Auki documentation ('a spatial domain can be set up in a day and takes up minimal CPU')
Est. returns Rewards from the reward pool when devices query the domain; rate not published.
Barriers: AUKI reputation stake required (amount not publicly specified), Spatial data to host (a mapped venue)
View guide →
building intermediate

Fork the posemesh core repo (Rust, MIT) and build applications. Auki Labs publishes Unity SDK, react-native bindings, and reference implementations for reconstruction, splatter and domain services. Developer grants up to $100,000 in AUKI per grant.

Hardware Standard development workstation
Min. capital $0
Est. returns Up to $100,000 in AUKI tokens per developer grant; no published baseline.
Barriers: Rust / C++ / Python proficiency for protocol contributions, Spatial computing or robotics domain knowledge for impactful applications
View guide →
using basic

Use Cactus as a retailer to deploy spatial task management; Cactus combines spatial computing and generative AI to empower frontline staff. Paid pilots cost $10,000+ per chain per the Dec 2025 community update.

Hardware Smart-cart or mobile device with camera; optionally a shelf-scanning robot (BracketBot ships under $5,000)
Min. capital $10K
Est. returns Coop Visby pilot reported minimum 15 minutes of saved labour per user per day after a 4-month deployment.
Barriers: Retailer scale (the pricing model targets enterprise chains, not single stores), Pilot agreement with Auki Labs

Developer resources

SDK Available
API Available
Docs quality good
Grants Yes

Source: OYM Research · Last updated 2026-10-19

Usage and traction

Revenue, trailing 12m
$79K
as of 2026-10-19
Compute
19 reconstruction and 12 splatter servers online, 1,761 domains registered (Auki's posemesh stats API, 7 Oct 2026); job throughput not published
as of 2026-10-07

Data from: DeFiLlama (Auki listing); auki.com community updates (2026-10-07) . Cards dated separately are live readings (DeFiLlama).

Research note, 2026-10-07: AUKI's verifiable on-chain economic activity is small ($43K annualised on-chain revenue). The retail-pilot story is the load-bearing growth narrative: 6,500+ retail locations across multiple enterprise chains running paid Cactus pilots per the 1 Dec 2025 update (with the explicit Auki caveat that 'these aren't all simultaneously active' and 'large retailers typically pilot across 3-30 locations'); named live customer deployments verified are Coop Stora Visby (Sweden, 4-month pilot, 15 min/day per-user labour saving), Pepito (Bali, app-free customer navigation), Reitan Denmark (initial 3 stores with potential to scale to all 1,900 REMA 1000 locations), FairPrice (Singapore, paid pilot from Jan 2026) and a US Fortune 500 retailer pilot. The '40,000 retail stores' figure used in OYM triage on 13 May 2026 is not corroborated by any Auki primary source and most likely conflates an unrelated Retail Dive UBS-analyst forecast headline. Re-read 2026-10-07 from pms-api.posemesh.org/stats, the endpoint behind auki.com's network tracker (Auki's own count, read twice): 353 relay servers, 665 domain servers, 19 reconstruction servers, 12 splatter servers, 1,761 domains.

Source: OYM Research · Last updated 2026-10-19

Community

Governance

No on-chain DAO governance verified; Posemesh Foundation acts as steward and Auki Labs holds privileged MPC-wallet roles per the OpenZeppelin audit. Auki Labs publishes 'progressive decentralisation' as a roadmap but no governance token or proposal portal located.

Sentiment

Niche but durable retail-DePIN community; the spatial-AI / physical-AI cluster narrative (peaq, Geodnet, Mawari, Tashi, Auki — together the Intercognitive Foundation) gives the project an ecosystem story. Discord vanity URL was hijacked February 2026 but rebuilt. Retail Tech Breakthrough Award (Zappar / Gotu) and an AWE Auggie Award (2x in 2025) lend external validation.

Source: OYM Research · Last updated 2026-10-19

Sources consulted (27)
S001 Tier 1
Auki Labs — official site
documentation · Auki Labs Limited · Accessed 2026-05-14
S002 Tier 1
AUKI Posemesh Whitepaper — Token Allocations
whitepaper · Posemesh Foundation · Accessed 2026-05-14
S003 Tier 1
AUKI Posemesh Whitepaper — Tokenomics Summary
whitepaper · Posemesh Foundation · Accessed 2026-05-14
S004 Tier 1
AUKI Posemesh Whitepaper — Protocol Economy
whitepaper · Posemesh Foundation · Accessed 2026-05-14
S005 Tier 1
Fundamentals of the Posemesh
documentation · Auki Labs Limited · Accessed 2026-05-14
S006 Tier 1
AUKI token contract on Base (BaseScan)
smart contract · BaseScan · Accessed 2026-05-14
S007 Tier 1
aukilabs/posemesh on GitHub
github · GitHub · Accessed 2026-05-14
S008 Tier 1
aukilabs/reconstruction-server
github · GitHub · Accessed 2026-05-14
S009 Tier 1
OpenZeppelin — Auki Labs Smart Contract Audit
audit report · OpenZeppelin · Accessed 2026-05-14
S010 Tier 1
Auki 2025 H2 Recap
news · Auki Labs · Accessed 2026-05-14
S011 Tier 1
Auki Community Update Recap — 1 Dec 2025
news · Auki Labs · Accessed 2026-05-14
S012 Tier 1
Auki Community Update Recap — 28 Feb 2026
news · Auki Labs · Accessed 2026-05-14
S013 Tier 1
Auki Community Update Recap — 17 May 2025
news · Auki Labs · Accessed 2026-05-14
S014 Tier 1
Cactus Case Study — Stora COOP Visby
news · Auki Labs · Accessed 2026-05-14
S015 Tier 1
$AUKI bridges to peaq and is tradable on MachineX
news · Auki Labs · Accessed 2026-05-14
S016 Tier 1
Token Unlock Primer
news · Auki Labs · Accessed 2026-05-14
S017 Tier 2
CoinGecko — Auki (AUKI)
market data · CoinGecko · Accessed 2026-05-14
S018 Tier 2
CoinMarketCap — Auki
market data · CoinMarketCap · Accessed 2026-05-14
S019 Tier 2
DeFiLlama — Auki protocol
market data · DeFiLlama · Accessed 2026-05-14
S020 Tier 2
GeckoTerminal — AUKI/WETH Uniswap V3 (Base) pool
market data · GeckoTerminal · Accessed 2026-05-14
S021 Tier 2
Messari — Auki Labs profile
research report · Messari · Accessed 2026-05-14
S022 Tier 3
Auki Labs LinkedIn (hk.linkedin.com)
social media · LinkedIn · Accessed 2026-05-14
S023 Tier 3
Auki Labs Crunchbase profile
research report · Crunchbase · Accessed 2026-05-14
S024 Tier 1
Auki About page
documentation · Auki Labs · Accessed 2026-05-14
S025 Tier 3
ESM Magazine — Coop Sweden Cactus retail wrap
news · ESM · Accessed 2026-05-14
S026 Tier 1
Auki Community Update Recap — 5 Feb 2026
news · Auki Labs · Accessed 2026-05-14
S027 Tier 2
CryptoRank — AUKI Token Unlocks and Vesting
market data · CryptoRank · Accessed 2026-05-14

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