ARPA
ARPA
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
ARPA is an MPC computation and threshold BLS signature network with utility tied to node staking and execution. However, evaluation is constrained by substantial data gaps across Community Support, Team and Governance, and Security and Audit History (each scoring -1.0 due to irrelevant search returns and insufficient token-specific data). Among the evaluable areas, Active Development scored 3.5/10 due to missing verifiable commit metrics, release versions, and roadmap milestones despite a live GitHub repo. Tokenomics scored 4.5/10, reflecting heavy insider and treasury concentration exceeding 40%, ongoing unlock dilution pressures, and lack of documented fee-burn mechanisms. Market and Use Case scored 4.5/10, limited by a micro-cap valuation (~$14.59M), a ~96% drawdown from all-time highs, and thin liquidity pools. Excluding the three data-deficient sections and redistributing weights across Active Development, Tokenomics, and Market/Use Case yields an overall weighted average score of 4.1/10.
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 ARPA (ARPA)
ARPA (ARPA), formerly known as ARPA Chain, is the native cryptocurrency of ARPA Network, a secure multi-party computation (MPC) and threshold BLS signature network. The project develops infrastructure designed to support verifiable randomness and computation, including its Randcast framework and integrations such as EigenLayer AVS. ARPA operates primarily as an ERC-20 token on Ethereum, with bridged deployments available on BNB Smart Chain and Polygon PoS.
The ARPA token has a fixed maximum supply of 2,000,000,000 tokens. Within the network, the asset is utilized for multi-party computation execution, node staking requirements, and security enforcement through slashing mechanics. It is actively traded across major centralized exchanges, including Binance and Kraken.
The project faces notable market and tokenomic risks. ARPA is categorized as a micro-cap token with a market capitalization of approximately $14.59 million and has experienced a price drawdown of roughly 96% from its all-time high. Furthermore, the tokenomics structure features substantial supply concentration, with treasury and insider allocations exceeding 40% of the total supply, ongoing dilution pressure from vesting unlocks, and a lack of documented fee-burning or deflationary mechanisms.