Forta
FORT
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
Forta (FORT) is an ERC-20 utility, staking, and governance token powering a decentralized real-time blockchain monitoring and security network originating from OpenZeppelin. Active development remains a key strength (Score: 7/10), evidenced by ongoing contract upgrades, multi-repository GitHub maintenance, and an OpenZeppelin audit of the Forta Firewall system. The tokenomics profile (Score: 5.5/10) features a fixed supply cap of 1 billion tokens with finished vesting schedules, though insider allocations remain relatively high (~47-48%) alongside low staking participation. The project suffers from weak community metrics (Score: 3/10) with a largely stagnant on-chain holder count (~5,400 holders) and little visible grassroots governance activity. Market performance and use case (Score: 5/10) indicate genuine utility across supported exchanges (Coinbase, Bybit) but constrained by low liquidity, a low market capitalization ($9M–$14M), and a ~76.7% annual price decline. Team and governance (Score: 5.5/10) and Security history (Score: 5/10) reflect backing from top-tier venture firms (a16z, Blockchain Capital) and a clean exploit/regulatory history with no qualifying red-flag events, balanced against a lack of published independent audits of base token contracts.
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 Forta (FORT)
Forta (FORT) is an ERC-20 utility, staking, and governance token powering the Forta Network, a decentralized real-time blockchain monitoring and detection platform. Originally incubated by smart contract security firm OpenZeppelin and backed by venture firms including a16z and Blockchain Capital, the network provides real-time security alerting, risk management, and firewall features. The token operates on Ethereum, Base, Polygon PoS, and Arbitrum One.
The FORT token has a fixed maximum supply of 1,000,000,000 tokens with no inflation mechanism and largely completed vesting schedules. Token utility encompasses scanner pool staking, bot staking, network fee payments, and on-chain governance to manage network parameters and scanner software upgrades. Active technical development includes the introduction of the Forta Firewall system, which underwent an incremental audit by OpenZeppelin in September 2025.
Market and on-chain metrics indicate several risks and constraints. The token experienced an approximate 76.67% price decline over a one-year period, alongside a low market capitalization and thin trading volume. Token distribution reflects relatively high insider allocations of around 47% to 48%, accompanied by low staking participation and a largely static holder base of approximately 5,400 addresses. While the project has maintained a clean security record with no reported exploits or regulatory actions, verified independent third-party audit reports for its base token contracts remain unpublished in available records.