Justoken JMWH (energy, MWh) — transparency page WARNIssuer link unconfirmed
Last updated 2026-10-31T00:29:03.652Z (took 20235 ms) · XRP/USD $1.2578 via XRP/RLUSD AMM rhWTXC2m2gGGA9WozUaoMm6kLAVPb1tcS3 · refresh every 300s
Issuer link unconfirmed. Third-party registries attribute this XRPL account to the project named above, but the project does not publish an
xrp-ledger.toml or official page listing it, so ReserveWatch could not confirm the link from the issuer itself. Listed for transparency only — not an endorsement, and not an allegation of wrongdoing. If you represent this issuer, contact us and we will update the listing.Currency code
4A4D574800000000000000000000000000000000 (JMWH)Commodity classElectricity & Energy
represented asset (issuer-held record)
Unit1 token = 1 MWh of electricity under an energy delivery contract (per Justoken / RWA.xyz)
Domain (on-ledger)—
no domain claim
Raw obligations36,947,585.1427
Treasury excluded0
Circulating36,947,585.1427 JMWH
Implied value @ spot—
Spot electricityNo public spot reference used for electricity — price vs spot not measured
On-ledger price—
none
Peg deviation—
Transfer fee0%
Trust lines / holders326 / 171
Frozen lines0 (0 tokens)
Ledger108012152
Health checks
| WARN | status | Issuer link unconfirmed: third-party registries attribute this account to Justoken × YPF Luz (Argentina), but the project publishes no xrp-ledger.toml or official page listing it, so ReserveWatch could not confirm it from the issuer itself. Shown for transparency; not an endorsement or an allegation. |
| OK | tokenization | Represented asset: an issuer-held record-keeping token (RWA.xyz terminology), not a freely distributed retail token — low holder counts and no AMM are expected. |
| WARN | clawback | Issuer can claw back tokens from holders (allowTrustLineClawback). |
| OK | freezeable | Issuer retains ability to freeze (NoFreeze not set) — standard for regulated issuers. |
| WARN | liquidity | No AMM pool vs XRP or RLUSD. |
| WARN | peg | Price vs spot not measured: ReserveWatch has no public spot reference for electricity. |
| WARN | concentration | Top holder rNdn11orwd9NUGG7w5AfvMYrZDRZHZ775a holds 56.4% of non-treasury supply. |
Issuer control flags
| Flag | Value |
|---|---|
| globalFreeze | false |
| noFreeze | false |
| allowTrustLineClawback | true |
| requireAuthorization | false |
| disableMasterKey | false |
| defaultRipple | true |
| depositAuth | false |
AMM pools
| Pair | AMM account | Reserves | TVL | Implied $/token | Fee |
|---|---|---|---|---|---|
| JMWH/XRP | No pool (actNotFound) | ||||
| JMWH/RLUSD | No pool (actNotFound) | ||||
DEX order book (top of book, USD)
| Pair | Best bid | Best ask | Spread |
|---|---|---|---|
| JMWH/XRP | $0.0013 (4/4 funded) | — (0/0 funded) | — |
| JMWH/RLUSD | — (0/0 funded) | — (0/0 funded) | — |
Top holders (excl. treasury)
| Account | Balance | % of non-treasury |
|---|---|---|
rNdn11orwd9NUGG7w5AfvMYrZDRZHZ775a | 20,833,809 | 56.39% |
rw1xUPMQb9iHCHLkqrdCrmmrYMtNsZkw1K | 10,448,527.4 | 28.28% |
rpsHYEKkd4hsG8ePE9odrxRVgJF67f6H3e | 1,139,190.823 | 3.08% |
rs6PbkpDzxyQsN7WqsGpZ55CcmCLLnc4T8 | 463,988.4725 | 1.26% |
rEGzYSYePmM2d3umSVYr9aMhzRL2CeSg3f | 289,311.1712 | 0.78% |
Notes
- Shown for transparency only; not an endorsement. ReserveWatch could not confirm from Justoken's own published material that this XRPL account is theirs: the account sets no on-ledger Domain and justoken.com serves no xrp-ledger.toml (checked Oct 30, 2026). The account is attributed to Justoken by XRPSCAN and RWA.xyz.
- RWA.xyz classifies JMWH as a "represented" commodity asset (Justoken platform), meaning it is a record-keeping token on the issuer's platform rather than a freely traded retail token. RWA.xyz showed ~37.15M tokens and $2.23B total value at a $60 NAV (accessed Oct 30, 2026) — an issuer-reported figure, not a ReserveWatch valuation.
- Live check Oct 30, 2026: ~36.95M JMWH outstanding; the same account also issues a second code "JMWHC" (~203K), not tracked here. Clawback is enabled on the issuer account.
- ReserveWatch uses no public spot benchmark for electricity, so price vs spot is not measured for this token.
- Issuer info: https://www.justoken.com
JSON: /api/tokens/justoken-jmwh · More electricity tokens: Electricity & Energy on XRPL · How checks work