Gelato
GEL
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
Gelato (GEL) presents a mixed profile characterized by active technical development alongside severe market and community contraction. On the development front (7.5/10), Gelato continues to ship technical updates, including its Smart Wallet SDK stack leveraging EIP-7702 and maintenance under gelato.cloud. Security and audit history (4.5/10) shows a clean operational track record with completed audits from CertiK and ChainSecurity without unresolved critical findings or exploits; however, the project has suffered an extreme, unrecovered price and market capitalization collapse to sub-$300K levels with low liquidity. Tokenomics (5.0/10) reveals a fixed max supply of 420.69M with fully unlocked private investor allocations, but limited fee capture or protocol revenue loops. Community support (2.0/10) is largely dormant, characterized by near-zero trading volume and significant holder concentration (>52% in top 5 addresses). Furthermore, data gaps exist for Market and Use Case as well as Team and Governance (-1.0 each) due to entity collisions in retrieved data. No qualifying red-flag events (such as exploits, insolvencies, or regulatory actions) were affirmatively established, so the overall score is derived strictly from the proportionally redistributed weighted average of the remaining evaluated sections.
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 Gelato (GEL)
Gelato (GEL) is the utility and governance token for Gelato Network, an infrastructure protocol providing decentralized smart contract automation and developer tooling. Operating under the gelato.cloud framework, the project develops modular developer infrastructure, including a Smart Wallet software development kit (SDK) supporting EIP-7702 delegation and EIP-4337 account abstraction. The GEL token is utilized within the Gelato DAO for governance and ecosystem incentive alignment.
The GEL token has a fixed maximum supply of 420.69 million tokens. Distribution allocations designated 50% for community development, 21% for private investors, and between 15% and 22.5% for the founding team, with private investor allocations fully unlocked. The protocol's token model does not include protocol revenue-sharing or native burn mechanisms. In terms of security, the protocol underwent audits by CertiK and a June 2025 assessment by ChainSecurity covering its smart wallet contracts, with no unresolved critical vulnerabilities or security exploits reported in its operational history.
Despite active development on its developer tooling, Gelato has experienced an extreme price collapse and prolonged drawdown far exceeding 50% from its historic valuation, falling to a sub-$300,000 market capitalization with severely depleted liquidity. The project's secondary market activity is characterized by near-zero trading volume and an inactive community footprint. Additionally, the token exhibits significant supply concentration, with over 52% of circulating tokens held across the top five addresses.