Foom
FOOM
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
The overall assessment of FOOM (Foom) reflects severe fundamental and technical risks, compounded by major data gaps. Active Development, Tokenomics, and Market and Use Case sections lacked sufficient data (scored -1.0) and were excluded from the weighted score calculation. Among the evaluated sections, Community Support scored 1.5/10 due to an absence of community infrastructure, governance participation, or social engagement despite on-chain pool liquidity. Team and Governance scored 2.0/10 due to an unverified, anonymous team and lack of formal governance structure. Security and Audit History scored 3.5/10, marked by a verified red-flag exploit on February 26, 2026, where Foom.Cash suffered an exploit of ~$2.26M due to a misconfigured Groth16 zkSNARK verifier across Ethereum and Base contracts, alongside misleading website claims of third-party audits not verified by security rating platforms like CertiK.
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 Foom (FOOM)
FOOM (Foom) is a cryptocurrency associated with Foom.Cash, an application described as an anonymous lottery protocol utilizing zero-knowledge proofs within the FOOM ecosystem. The token operates across both the Ethereum and Base blockchains, maintaining on-chain liquidity through decentralized exchange pools such as Uniswap V3.
On February 26, 2026, the Foom.Cash protocol suffered a security exploit resulting in the theft of approximately $2.26 million, representing over 24.28 trillion FOOM tokens across its Ethereum and Base contracts. The incident occurred due to a deployment misconfiguration in the protocol's Groth16 zkSNARK verifier, which permitted the submission of forged proofs. A significant portion of the assets—approximately $1.84 million (or roughly 81% of the drained total)—was subsequently recovered through white-hat efforts by an individual named Duha on Base and the security firm Decurity on Ethereum. Following the incident, Foom.Cash paid $320,000 in bounties to Duha and a $100,000 fee to Decurity, alongside issuing a protocol update.
In addition to the February 2026 exploit, security assessments have highlighted discrepancies in the project's documentation; while the official website claims coverage by audits, independent security tracking platforms such as CertiK show no verified third-party audit on record. The project is led by an anonymous team with no publicly documented governance framework, verifiable development repositories, or active community governance forums.
