cBAT
CBAT
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
CBAT (cBAT) functions as an ERC-20 interest-bearing wrapper (cToken) for Basic Attention Token issued by Compound v2. Across the evaluated criteria, cBAT displays characteristics of an obsolete, legacy derivative asset. Active Development (1.5/10) and Community Support (1.0/10) reflect the absence of dedicated development, social channels, or standalone governance, alongside widespread ticker collision with NASDAQ-listed CBAK Energy Technology. Tokenomics (4.0/10) and Market & Use Case (1.0/10) highlight that cBAT lacks independent utility or governance rights, having been structurally superseded as Compound migrated core development to Compound v3. In Security and Audit History (6.0/10), the underlying BAT token contract maintains an OpenZeppelin audit with no affirmative exploits, hacks, or regulatory enforcement actions identified. Note that Team and Governance scored -1.0 due to insufficient crypto-specific data, and its 15% weight was redistributed proportionally across the remaining sections. Because cBAT is a legacy and superseded v2 receipt token with minimal active market presence, it falls under the deprecated asset guidance.
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 cBAT (CBAT)
cBAT (CBAT) is a legacy interest-bearing wrapper token issued by the Compound v2 protocol on Ethereum that has been structurally superseded as Compound shifted core development to Compound v3. Functioning as an ERC-20 receipt token (cToken) for Basic Attention Token (BAT), it represents an underlying deposit in Compound's lending pools. The token operates without a maximum supply, vesting schedules, or insider allocations, accruing value relative to BAT through an increasing exchange rate as borrowers pay interest into the pool.
As a derivative receipt token, cBAT possesses no independent governance rights, dedicated development pipeline, or standalone user community. It inherits its architecture from Compound v2 and currently maintains a residual footprint, with approximately 4,849 on-chain holders and an on-chain market capitalization of roughly $1.9 million. Because active development has moved to newer versions of the Compound protocol, the token exhibits near-zero active market presence and negligible trading liquidity.
In terms of security, the underlying Basic Attention Token contract was audited by OpenZeppelin, and evaluation records indicate no confirmed hacks, smart contract exploits, depegs, or regulatory enforcement actions associated with cBAT. However, the token suffers from heavy ticker ambiguity, with search identifiers predominantly referencing unrelated entities such as NASDAQ-listed CBAK Energy Technology.