Klever
KLV
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
KLV (Klever) exhibits an overall weak profile characterized by low liquidity, governance concentration, and a recent severe security exploit. In active development (6.0/10), the project maintains ongoing roadmap efforts through 2027 and regular updates, though execution tracking lacks quantitative metrics. Community Support could not be reliably scored (-1.0) due to a complete data gap regarding social engagement and governance participation metrics. Tokenomics (5.0/10) reflect high circulating supply (89-93%), but demand drivers remain low and KLV lacks direct voting governance, which is handled by KFI. Market and Use Case (3.0/10) suffer from micro-cap status ($3.7M-$4.7M market cap), minimal trading volume, and fierce competition in the self-custody wallet niche. Team and Governance (4.5/10) shows centralized control with limited verified executive credentials. Security and Audit History (3.5/10) is constrained by a recent major incident: 'On June 5, 2026, Klever disclosed an exploit where an attacker self-issued an NFT collection, artificially generating 486,357,300.26 KLV, liquidating it via the DEX into wrapped assets (USDC, USDT, WBTC, WETH), and bridging out.' Although the team promptly patched the vulnerability (Fork 19.rc-2) and planned a full supply burn, this supply-integrity flaw represents a critical risk.
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 Klever (KLV)
KLV is the native utility token of the Klever Blockchain (KleverChain), a Layer-1 blockchain operating under a Delegated Proof of Stake consensus mechanism. The Klever network supports native decentralized applications (kApps), a native decentralized exchange (DEX), an ETH–KLV bridge, and tooling accessible through KleverScan. KLV functions within the network for transaction fees, staking, and fee discounts, serving an ecosystem developed around self-custody wallet tools.
KLV has a fixed maximum supply of 10,000,000,000 tokens, with roughly 89% to 93% of the supply in active circulation. The economic model incorporates fee burns from transactions and swap activities. Governance rights are not directly held by KLV holders; voting is instead mediated through a separate token (KFI), and structural administration remains largely centralized within the founding entity rather than an independent decentralized autonomous organization.
On June 5, 2026, the network suffered a major security incident involving a flaw in its NFT Marketplace kApp. An attacker self-issued an NFT collection to artificially mint 486,357,300.26 KLV, swapped the tokens into wrapped assets via the native DEX, and moved the funds out through the ETH–KLV bridge. The team responded by deploying a mainnet patch (Fork 19.rc-2), pursuing exchange freezes, initiating criminal proceedings against the perpetrator, and outlining plans to execute a buyback and burn of the minted supply. In addition to security risks, KLV operates as a micro-cap asset facing low trading volume, market competition in the self-custody wallet sector, and notable price drawdowns.