Akash Network
AKT
Evaluation Score
Overall rating on a scale of 0-10
Crypto Token Health Score Explained
Our AI-powered health score evaluates on-chain metrics, community support, tokenomics, and more. This helps DeFi investors understand risk, compare tokens, and make informed decisions. Learn how to analyze DeFi tokens' risk and use these insights for DeFi portfolio risk management.
AI Analysis
Comprehensive evaluation of the token
Overall Analysis
Akash Network (AKT) delivers a mature decentralized cloud compute marketplace backed by:
- Active development cadence (8/10) and rigorous security audits (9/10)
- Transparent on-chain governance and seasoned leadership (8/10)
- Engaged community and clear product roadmap (7/10)
Key challenges include inflationary tokenomics, nascent real-world adoption, and moderate validator concentration. Fundamentals remain strong, justifying a Buy stance for medium-term growth seekers.
Detailed Analysis by Category
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 Akash Network (AKT)
Akash Network (AKT)
Akash Network (AKT) is an open-source, decentralized cloud computing marketplace powered by the Cosmos SDK and Tendermint consensus. AKT serves as the native utility and governance token, enabling resource leasing, staking, and protocol upgrades across a global network of providers and consumers.
Key Features
- Decentralized Marketplace: Peer-to-peer matching of compute demand and supply without centralized intermediaries.
- Native Utility Token: AKT facilitates bidding, leasing, staking for network security, and governance voting.
- Interoperable & Scalable: Built on Cosmos SDK with IBC support for cross-chain asset transfers and composability.
- Cost-Effective: Competitive pricing through dynamic market bids and unutilized capacity monetization.
- Secure & Transparent: Consensus-secured by Tendermint with on-chain service level agreements (SLAs).
Use Cases
- Web Hosting & App Deployment: Run containerized workloads and microservices.
- High-Performance Computing (HPC): Leverage GPU/CPU farms for AI training and scientific simulations.
- Edge & IoT Compute: Distribute lightweight compute tasks globally.
- Blockchain Infrastructure: Host nodes, validators, and full nodes for various networks.
Ecosystem & Integration
- Akash Satellite: CLI and SDK for seamless dApp integration and developer tooling.
- Interchain DeFi & dApps: Integrates with Cosmos DeFi projects and IBC-enabled chains.
- Community & Governance: Token holders propose and vote on network upgrades.
Resources
- Website: https://akash.network
- Documentation: https://docs.akash.network
- Explorer: https://akash.subscan.io
Token Symbol: AKT
Network: Cosmos SDK (IBC-enabled)
Similar Rated Tokens
Jupiter Perpetuals Liquidity Provider Token
JLP
Mantle
MNT
VeChain
VET
Ankr Network
ANKR
Wormhole
W
Aavegotchi
GHST
Liquity
LQTY
Bancor Network
BNT
More for DeFi Investors
- Yield Farming Analysis: Discover the best tools and strategies for maximizing your returns from yield farming in DeFi.
- AI vs Fundamentals: See how Token Vitals combines AI crypto price prediction with fundamental analysis for a balanced investment perspective.
- Risk Scores Explained: Learn how our crypto risk scores differ from traditional credit scores and what that means for your portfolio.
- On-Chain Metrics: Understand which on-chain metrics matter most when investing in tokens and how to use them effectively.
- US Investor Analytics: Access crypto analytics designed for US investors, including features to help with tax tracking and compliance.
- Finding Value: Explore our data-driven lists to uncover top undervalued DeFi tokens for 2025 and beyond.