Klayr

Klayr (KLY) is currently in a state of severe operational distress and transition, reflected in its mixed evaluation metrics. While the project inherited a mature technology stack (Lisk SDK) and was launched by a highly credible, doxed team of Lisk veterans (scoring high in Team and Governance), the venture faced a critical failure in early 2025 due to a loss of funding from the Onchain Foundation. This led to the cessation of operations by Klayr Labs and a sharp decline in active development, resulting in a low score for Active Development. The project is currently being handed over to the ADAMANT developer community, indicating grassroots resilience but placing the network in 'survival mode.' Tokenomics are standard for a DPoS Layer 1 but struggle with a very low market capitalization and inflationary pressure. The market use case—a JavaScript-based blockchain—is valid but niche in an oversaturated sector. Overall, KLY represents a 'zombie' chain scenario where a technically sound project with strong foundations is attempting a community-led revival following the collapse of its founding corporate entity.