BitTorrent
BTT
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
BitTorrent (BTT) presents a mixed profile characterized by substantial legacy brand recognition and wide exchange availability, counterbalanced by low development activity and governance centralization. Active development (3.0/10) shows structured GitHub repositories but lacks dated token-level commits or releases over the past 12-18 months. Community engagement (2.5/10) is minimal, with no verifiable activity metrics despite an existing DAO forum structure. Tokenomics (5.0/10) is defined by a massive 990 trillion total supply (post-redenomination) with ~99.8% circulating supply, utility tied to gas, staking, and bandwidth incentives, but accompanied by centralized operational controls. Team and governance (5.5/10) features a clean protocol track record but exhibits high centralization under Justin Sun and lack of direct DAO execution. Security and audit history (6.0/10) shows a publicly hosted SlowMist audit for the TRON contract and no token-level exploits, though historical client-side vulnerabilities and audit verification gaps remain. No qualifying red-flag events were affirmatively established to trigger an artificial cap.
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 BitTorrent (BTT)
BitTorrent (BTT) is the utility and governance token for the BitTorrent peer-to-peer file-sharing ecosystem, which underwent a mainnet launch and token redenomination in December 2021. The token operates natively on BitTorrent Chain (BTTC) while also existing as a TRC-10 token on TRON and a BEP-20 token on Binance Smart Chain. Following its redenomination, BTT has a fixed total supply of 990 trillion tokens, with approximately 99.8% in circulating supply and no protocol-level mint or burn mechanisms.
The token is designed to facilitate ecosystem transactions, serving as the native gas asset for BitTorrent Chain, enabling validator staking, and incentivizing peer-to-peer bandwidth sharing through integrations such as BitTorrent Speed across clients like μTorrent and BitTorrent Web. Users can stake BTT to participate in the validator network or use the token to bid for faster download speeds and bandwidth allocation within the file-sharing network.
Governance and technical development remain subject to several risk factors and centralized controls. The project exhibits low verifiable development activity, with no dated token-level commits or releases documented within a 12- to 18-month period, and governance is centralized under leadership associated with Justin Sun alongside a 19% team and foundation allocation. While the token contracts themselves have not suffered recorded exploits and hold a published SlowMist audit for TRON-side code, the broader BitTorrent client software historically experienced application-layer vulnerabilities, including a 2015 remote code execution flaw (CVE-2015-2846) in BitTorrent Sync and a 2018 uTorrent security vulnerability.