CUSTODIY
CTY
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
Custodiy (CTY) demonstrates significant fundamental, operational, and liquidity weaknesses across all evaluated dimensions. The project operates on the BNB Chain with closed-source, low-velocity development, lacking verifiable public code repositories and formal smart contract security audits. Community engagement is negligible, with inactive social channels and low participation. Tokenomics reflect high centralization with only around 121 on-chain holders and minimal organic trading volume. Furthermore, the project has undergone multiple contract migrations and experienced a hostile exchange delisting, as noted in the security evaluation: "Gate.io announced a hostile delisting of CTY on December 12, 2024, citing 'Fee_Setting risks' and contradictory project requests". Overall, the combination of extreme price drawdowns, lack of audits, centralized control, and migration fragmentation presents severe risk to investors.
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 CUSTODIY (CTY)
CUSTODIY (CTY) is a Web3 business infrastructure platform on the BNB Smart Chain that has undergone multiple contract migrations, most recently transitioning to a new BEP-20 contract address in October 2025. Founded by Giuseppe Chimienti and operated through Custodiy Financial Services Ltd, the platform is designed to provide tools for smart contract creation, digital escrow, real-world asset management, and document archiving. The CTY token serves as platform utility fuel, utilized for paying service fees, executing escrow agreements, and accessing verification tooling supported by third-party integrations such as BitGo and Veriff.
The project operates with a fixed maximum supply of 1,000,000 CTY and an estimated circulating supply of approximately 496,542 tokens. Development and governance are fully centralized under the corporate issuer, with no decentralized autonomous organization (DAO) structure or on-chain voting rights for token holders. Code repositories remain closed-source with low ongoing development velocity, and the active token contract lacks formal, verified third-party security audit reports on block explorers.
Custodiy has faced multiple operational, security, and market-related challenges. The token has experienced an extreme price drawdown of more than 98% from its all-time high of $28.37, with legacy peaks previously exceeding $100. In December 2024, cryptocurrency exchange Gate.io executed a hostile delisting of CTY, citing fee-setting risks and contradictory project requests. The project also exhibits fragmented historical liquidity across its migrations, low community participation, and high holder concentration with roughly 121 on-chain addresses.