Hakka Finance
HAKKA
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
Hakka Finance (HAKKA) exhibits deep protocol dormancy across multiple evaluation pillars. Development is stalled with only administrative maintenance observed, community engagement is absent from public channels, and market liquidity is severely constrained with negligible daily volume and a sub-$1M market cap down over 99% from its peak. While the founding team is publicly identifiable and the protocol has a clean security history free of verified exploits, hacks, or regulatory enforcement, off-chain centralized governance and low CertiK security ratings pose persistent structural risks. With all six sections evaluated and no data gaps, the final score reflects a strictly weighted average across the protocol's weak operational and economic profile.
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 Hakka Finance (HAKKA)
Hakka Finance (HAKKA) is a decentralized finance (DeFi) protocol suite originally launched on Ethereum, with a secondary deployment on Polygon. Introduced by founder Ping Chen, co-founder Pei Chen Tsou, and CEO Lucien Lee, the Hakka Finance ecosystem was structured to offer financial products such as BlackHoleSwap, 3F Mutual, tCDP, and Crypto Structured Funds. The HAKKA token serves primarily as a governance and utility asset within the Hakka DAO framework, featuring staking and yield-farming reward structures.
The tokenomics of HAKKA have undergone substantial structural adjustments since inception, including a deliberate supply reduction from over 2.1 billion tokens down to approximately 636 million, alongside subsequent burns that lowered the maximum supply on Ethereum to roughly 435.6 million tokens. Despite this, circulating supply reporting exhibits discrepancies between blockchain explorers and the official interface, and token utility remains largely restricted to self-referential staking rather than documented revenue-sharing streams.
Hakka Finance exhibits characteristics of deep protocol dormancy, with core development stalled since late 2022 and recent activity limited to occasional administrative treasury updates. The token has experienced a severe market decline, dropping over 99.8% from its all-time high of $1.14 to trade at micro-cap levels below $1 million, accompanied by negligible daily volume and depressed liquidity. While the protocol has maintained a clean record regarding security exploits and regulatory actions, governance remains centralized off-chain under the foundation, and security scans highlight risks including mintable contract permissions and unrenounced ownership on its Polygon deployment.