Kadena
KDA
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
KDA (Kadena) presents a fundamentally distressed profile. Two sections lacked sufficient data and were excluded from scoring (Active Development scored -1.0 due to the cessation of business operations by Kadena LLC and repository archiving, and Community Support scored -1.0 due to a lack of verifiable native engagement data). Among the remaining categories, Tokenomics scored 5.5 reflecting clear supply caps and miner distributions but no burn mechanisms, Security scored 4.5 due to clean audit records capped by severe unrecovered price drawdowns (>90%), Team and Governance scored 4.0 due to centralized governance and entity wind-down risk, and Market and Use Case scored 2.0 due to micro-cap liquidity ($8K-$32K daily volume) and severe negative momentum. The redistributed weighted average results in an overall score of 4.1.
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 Kadena (KDA)
Kadena (KDA) is an abandoned cryptocurrency project following the cessation of business operations by its operating entity, Kadena LLC, on October 21, 2025, alongside the archiving of its official repositories. Founded by Stuart Popejoy and Will Martino, Kadena was built as a Layer 1 Proof-of-Work blockchain platform utilizing a parallelized multi-chain architecture called Chainweb. The network was designed to run smart contracts written in Pact, a formally verifiable programming language, with KDA serving as the native utility token used to pay network transaction fees.
The tokenomics of KDA define a maximum supply of approximately 1 billion tokens. The distribution model allocates 70% of the total supply to mining rewards and 20% to a platform reserve with an emission cap of 2 million KDA per month. The token model is structurally inflationary with no built-in burn mechanism. Project governance was established without a decentralized autonomous organization (DAO) or on-chain voting apparatus, remaining centralized under the founding organization.
KDA has experienced an unrecovered price crash of more than 90% since reaching its late 2021 all-time high of over $60. The market profile of the token reflects severe distress, characterized by constrained liquidity and daily trading volumes between $8,000 and $32,000. While third-party security assessments by firms such as Hashlock and Veridise documented no severe unresolved vulnerabilities, and the network experienced no known chain exploits, the project remains defunct due to the shutdown of active development.