Gym Network
GYMNET
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
GYMNET (Gym Network) demonstrates severe structural, technical, and market vulnerabilities across all evaluated areas. The project suffered a smart contract exploit on its single-staking pool identified by CertiK, where a flaw in the _autoDeposit function allowed an attacker to mint unbacked tokens and drain funds. Tokenomics present extreme centralization and stagnation risks, with ~79% of the supply non-circulating and lacking published vesting schedules. Live market data indicates near-zero liquidity, an extremely depressed market cap, and negligible volume, signaling a dormant or declining ecosystem. Active governance and community engagement have effectively stalled. Note that Active Development and Team & Governance could not be evaluated due to insufficient data/false-positive name collisions, so their weights were redistributed proportionally among the remaining 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 Gym Network (GYMNET)
GYM Network (GYMNET) is a decentralized finance (DeFi) aggregator and investment system deployed on the Binance Smart Chain (BSC). The project was designed to integrate yield aggregation with broader utilities, including non-fungible tokens (NFTs), a crypto debit card concept, and a metaverse environment referred to as "GYM Street." The GYMNET token serves as the core asset for the protocol, intended for circular yield aggregation and governance participation.
Under the protocol's design, governance mechanisms and token-holder voting power scale according to individual GYMNET holdings, originally intended to activate once a significant portion of the token supply was distributed. However, the token exhibits structural concentration risks, with approximately 79% of its total supply reported as non-circulating without published vesting schedules or allocation breakdowns, alongside an absence of documented emission or deflation models.
Security analysis by CertiK identified that GYM Network suffered a smart contract exploit on its single-staking pool contract on Binance Smart Chain. The attack was caused by a missing transfer validation step in the _autoDeposit function, which allowed the exploiter to register deposits of 8,000,000 GYMNET per cycle without transferring actual assets, subsequently withdrawing real tokens and converting them to BNB. In addition to the exploit, the project exhibits signs of stagnation, characterized by a lack of active community governance, negligible trading volume, and absence of verifiable development activity.