CoinLoan
CLT
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
CLT (CoinLoan Token) serves as the native utility token for the CoinLoan CeFi lending and borrowing platform. Across all evaluated dimensions, the project demonstrates severe stagnation and dormancy. Active development has stalled, with no iOS updates since June 2023 and no blog announcements since March 2020. The community presence and on-chain activity are minimal (~1,111 holders) with near-zero 24-hour trading volume ($200–$700) and an illiquid market, accompanied by an approximate 99% drawdown from its all-time high. Tokenomics are opaque, with roughly 91% of the 22 million total supply remaining non-circulating and lacking a clear distribution schedule. Furthermore, while the platform maintains basic operational security and compliance partnerships, there is no verified public third-party smart contract audit. No qualifying red-flag legal enforcement actions or security exploits were affirmatively established in the retrieved records, but the combination of centralized custodial counterparty risk, dormant development, and near-zero liquidity makes the asset highly risky.
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 CoinLoan (CLT)
CoinLoan Token (CLT) is the native ERC-20 utility token of CoinLoan, a centralized cryptocurrency lending and borrowing platform established in August 2017. Operating on the Ethereum blockchain, CLT is designed to provide utility within the CoinLoan platform ecosystem. Its primary functions include granting users discounted borrowing fees, enhanced interest rates on staked assets, and serving as collateral for crypto-backed loans. The token features a fixed maximum supply capped at 22,000,000 CLT.
The project currently shows indicators of operational dormancy and stalled development. Corporate communications have largely ceased, with the platform's official blog showing no updates since March 2020 and its iOS mobile application receiving no new software updates since June 2023. Tokenomics remain opaque, as approximately 91% of the total supply is non-circulating with no publicly documented distribution or vesting schedule. Project governance is fully centralized within the corporate entity, with no decentralized autonomous organization (DAO) or community voting framework in place.
CLT exhibits substantial market and structural risks, having suffered a price crash of over 99% from its all-time high. Market activity is severely constrained, characterized by near-zero 24-hour trading volume (ranging between $200 and $730) and a limited on-chain holder base of approximately 1,111 addresses. Additionally, while CoinLoan outlines internal operational security practices, there is no record of a published, verified third-party smart contract audit from an independent security firm, leaving holders exposed to centralized custodial counterparty risks.