Maya Protocol
CACAO
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
CACAO is the native settlement and liquidity token for Maya Protocol, a Cosmos SDK cross-chain liquidity network. While Tokenomics scores relatively well (7.0/10) due to a fixed 100M supply and fair launch model, the protocol suffered a catastrophic security failure on August 18, 2026. Specifically, 'On August 18, 2026, the protocol suffered a major exploit chaining six distinct software vulnerabilities across trade accounts, withdrawal processing, and liquidity pool calculations,' leading to direct attacker losses of approximately $1.7 million, broader liquidity pool drops near $10.9 million, an 88.7% price collapse, and an ongoing global network halt. Community engagement is severely depressed (1.5/10), market valuation remains low and heavily drawn down (5.0/10), and governance lacks public identity transparency (4.0/10). The recent exploit qualifies as a major unresolved security event, resulting in an overall score of 4.3 and a high-risk profile.
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 Maya Protocol (CACAO)
CACAO is the native settlement, bridge, and gas token of Maya Protocol, a cross-chain liquidity network and automated market maker built on the Cosmos SDK. Launched in March 2023 as a fork of THORChain, the protocol allows native asset swaps across different blockchains. CACAO operates as the universal settlement asset across all protocol liquidity pools and is utilized as collateral for node bonding under the network's Proof of Bond consensus mechanism.
The token features a fixed total supply of 100 million tokens minted at genesis, which were distributed through a fair liquidity auction without any direct team allocation. The utility and demand model of CACAO is designed to scale with protocol swap volume and total value locked in liquidity pools.
On August 18, 2026, Maya Protocol suffered a major security exploit involving six chained software vulnerabilities across trade accounts, withdrawal processing, and liquidity pool calculations. The attacker drained approximately 48.87 million CACAO, roughly 20.83 BTC, and additional assets, resulting in direct attacker-extracted losses of approximately $1.7 million and a decline in broader pool value of roughly $10.9 million to $11 million. Following the incident, CACAO experienced an 88.7% single-day price collapse from approximately $0.115 to $0.013, representing a 92% to 94% drawdown from its all-time high. The network was placed into an emergency global halt for patching and investigation, while the team maintains an anonymous identity structure.