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    Hooked Protocol

    HOOK

    Evaluation Score

    Overall rating on a scale of 0-10

    RiskReturn
    06.010
    Risk Level:
    High
    Recommendation:Speculative position only
    Evaluated:May 13, 2025 (v2)

    Crypto Token Health Score Explained

    Our AI-powered health score evaluates on-chain metrics, community support, tokenomics, and more. This helps DeFi investors understand risk, compare tokens, and make informed decisions. Learn how to analyze DeFi tokens' risk and use these insights for DeFi portfolio risk management.

    AI Analysis

    Comprehensive evaluation of the token

    Active Development (7/10): Steady commit cadence, solid CI and issue management. Roadmap execution shows minor delays and contributor concentration adds bus-factor risk.

    Community & Governance (6/10): Engaged Discord and Telegram, growing Twitter following, but minimal Reddit traction. On-chain voting exists yet lacks clear quorum and proposal thresholds.

    Tokenomics (6/10): Strong utility via governance, staking, and cross-chain bridging. However, unclear total/circulating supply, emission schedule, and vesting unlock details raise dilution and centralization concerns.

    Market & Use Case (5/10): All-in-one DeFi toolkit addresses real frictions but competes against entrenched governance tokens and specialized bridges with deeper liquidity and security records.

    Security (4/10): No public third-party audits, reliance on OpenZeppelin mitigates some risk but bridge contracts remain unverified. Ownership renouncement and audit cadence are unclear.

    Overall, HOOK combines a disciplined development process and meaningful utilities but suffers from transparency gaps in tokenomics and security audit coverage. Investors should weigh utility against elevated protocol risk.

    Detailed Analysis by Category

    Development Activity

    Code updates and developer engagement

    RiskReturn
    07.010

    Community Support

    Social media presence and community engagement

    RiskReturn
    06.010

    Tokenomics

    Supply, distribution, and utility

    RiskReturn
    06.010

    Market & Use Case

    Value proposition and competitive landscape

    RiskReturn
    05.010

    Team & Governance

    Team background and project governance

    RiskReturn
    06.010

    Security & Audits

    Security history and audit status

    RiskReturn
    04.010

    About Hooked Protocol (HOOK)

    Hooked Protocol (HOOK)

    Hooked Protocol (HOOK) is a decentralized utility and governance token powering the Hooked ecosystem on Ethereum. Designed for seamless on-chain governance, staking rewards, and cross-chain interoperability, HOOK aligns community incentives and drives decentralized application (DApp) usage.

    Key Features

    • Governance & Voting: Participate in protocol upgrades, parameter proposals, and community decision-making via on-chain governance.
    • Staking & Rewards: Stake HOOK tokens to earn network fees and platform rewards, reinforcing long-term ecosystem security.
    • Cross-Chain Bridge: Transfer value across Ethereum and Layer 2 networks with low fees and fast finality.
    • ERC-20 Standard: Fully compliant with Ethereum token standards for broad wallet and exchange support.

    Token Utility

    1. Governance: HOOK holders can submit and vote on improvement proposals, shaping the protocol roadmap.
    2. Incentives: Support liquidity mining and community growth programs to earn HOOK rewards.
    3. Access: Unlock premium platform features, developer tooling, and DApp integrations within the Hooked ecosystem.

    Technical Details

    • Symbol: HOOK
    • Token Standard: ERC-20
    • Blockchain: Ethereum Mainnet

    About Hooked Protocol

    Hooked Protocol delivers a modular framework for decentralized finance (DeFi) applications, combining governance, staking, and interoperability in a single token. Built to scale, HOOK drives developer innovation and community engagement across blockchains.

    This description is for informational purposes and does not constitute financial advice.

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