Allbridge
ABR
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
ABR (Allbridge) demonstrates active ongoing codebase updates (version 3.26.0 core REST API and active SDK tooling), but faces severe structural, security, and market headwinds. Team and Governance could not be evaluated due to insufficient data (-1.0), requiring proportional weight redistribution across remaining sections. The token exhibits critical liquidity and market weakness, with 24-hour trading volumes near zero and top holders controlling over 99% of supply. Tokenomics are compromised by 43% undisclosed distribution and the ongoing migration from ABR to the new ABR0 LayerZero OFT token. Furthermore, the protocol suffers from a concerning exploit track record totaling ~$2.4M across three separate incidents, notably including an unresolved qualifying red-flag event on July 20, 2026: 'July 20, 2026: A ~$1.65M flash loan exploit on Allbridge Core's Solana USDC/USDT pools, funded by a $1.12M Kamino flash loan. The team paused the Core bridge.' Coupled with an additional breach in August 2026 and active deprecation/migration of the legacy ABR token, the asset carries immense risk.
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About Allbridge (ABR)
Allbridge (ABR) is a utility token currently undergoing migration to the new ABR0 LayerZero Omnichain Fungible Token (OFT) at a 1:1 ratio as the legacy token is deprecated. ABR originally served as the native utility token for Allbridge, a cross-chain bridging protocol deployed across networks including Ethereum, BNB Chain, Solana, Polygon, Avalanche, NEAR, Aurora, Celo, Fantom, and Heco. The protocol facilitates cross-chain transfers and is in the process of sunsetting its original Allbridge Classic infrastructure in favor of Allbridge Core.
ABR has a fixed total supply of 100,000,000 tokens. Its distribution structure included allocations of 25% for an Ecosystem DAO and 20% for liquidity mining and validator incentives, though approximately 43% of the token allocation remains undisclosed. ABR exhibits severe token concentration, with the top five holders controlling roughly 99.61% of the total supply, and experiences critically low market liquidity and trading volume.
The Allbridge protocol has been subject to multiple security incidents totaling approximately $2.4 million in cumulative losses. On April 1, 2023, a flash loan attack on the protocol's BNB Chain liquidity pools drained approximately $573,000, most of which was subsequently recovered. On July 20, 2026, Allbridge Core experienced a flash loan exploit on its Solana USDC/USDT pools resulting in approximately $1.65 million in losses and leading to a temporary bridge pause, followed by an additional security breach in August 2026 totaling approximately $190,000. While the protocol maintains an audit history with firms including Hacken, Kudelski Security, Blaize Security, and Quarkslab, recurring vulnerabilities and ongoing asset migration present substantial risk.