Astroport
ASTRO
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
Astroport (ASTRO) demonstrates significant structural weaknesses across development, market adoption, and security. Active development remains in a low-velocity maintenance mode, with minimal visible shipping activity or tagged releases. The community footprint is thin with negligible forum participation. From a market perspective, adoption has largely collapsed, characterized by micro-cap market valuation ($97K-$185K), daily volumes of only $3K-$4K, and near-zero protocol utilization. While ASTRO retains a structured vote-escrow governance model (vxASTRO) across multiple Cosmos-ecosystem chains, the tokenomics suffer from ongoing inflationary emissions without robust value-capture mechanisms. Security history is severely marred by a major exploit: 'Astroport suffered a significant exploit on July 30, 2024, resulting in a loss of approximately $6.4 million. The attack exploited a reentrancy vulnerability in the timeout callback of the ibc-hooks module.' The weighted average score across all six sections yields 3.5/10.
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 Astroport (ASTRO)
Astroport (ASTRO) is an automated market maker (AMM) decentralized exchange protocol deployed across multiple Cosmos-based networks, including Neutron, Injective, Sei, Osmosis, and Terra 2. The platform features an algorithmic pools model designed to accommodate passive liquidity providers with dynamically adjusting fee structures. The ASTRO token is the native governance asset of the protocol, distinct from the Terra Classic ASTROC token, and is managed via the Astral Assembly governance forum and a vote-escrow model (vxASTRO) used to direct token emissions.
The protocol's total supply is set at 1.1 billion ASTRO, which includes an allocation of 100 million tokens for liquidity incentives alongside the initial 1 billion. The token distribution designates 49% for liquidity rewards disbursed over a 69-year horizon, 10% to the Astral Assembly, and an allocation for project builders subject to a 24-month linear vesting schedule that commenced on July 1, 2023. ASTRO's utility is focused on governance participation through vxASTRO staking, without documented fee-sharing mechanisms, and its tokenomics remain subject to ongoing emissions.
Astroport faces notable security and operational challenges. On July 30, 2024, the protocol suffered a security exploit resulting in a loss of approximately $6.4 million due to a reentrancy vulnerability in the timeout callback of the ibc-hooks module, which stemmed from a previously patched vulnerability being reintroduced during code updates. Furthermore, the project operates in a low-velocity maintenance posture with low community engagement, near-zero recorded protocol utilization on tracked venues, an approximate 93% 1-year price decline, and micro-cap trading volumes of roughly $3,000 to $4,000 daily.
