Cicada Finance
LTCIC
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
Cicada Finance (LTCIC) is an RWA asset-management platform on BNB Smart Chain offering yield strategies. On the positive side, the protocol displays verifiable third-party auditing from Beosin (August 2024), reported AUM, and a non-binding acquisition LOI from Linkage Global Inc. However, significant operational and market weaknesses undermine the investment profile. The token suffers from extreme micro-cap liquidity (~$35.56K market cap and ~$1,130 daily volume), a >99% price collapse from all-time highs, an omitted tokenomic framework lacking clear circulating supply or vesting schedules, and governance rights disconnected from the ltCIC token. Furthermore, an exploit on the rtUSQ contract reportedly triggered a protocol pause. Note: Community Support lacked sufficient data (-1.0) and was excluded from the weighted score calculation, redistributing weights across the remaining five sections.
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 Cicada Finance (LTCIC)
Cicada Finance (LTCIC) is an on-chain real-world asset (RWA) asset-management protocol operating as a BEP-20 token on BNB Smart Chain. Operated by Cicada Tech Limited, the platform features a dual-token framework utilizing a yield-liquid token (ltCIC) paired with a Revenue Token (rtCIC) and a rebase architecture. The protocol is designed to provide real-yield assets and market-neutral investment strategies across categories such as QuantFi, SupplyChainFi, and LoanFi, utilizing assets like ciUSD and rtUSQ.
Founded in 2023 with a team including Gary Yang and Jerry Yu, Cicada Finance has received early backing from investors such as SNZ Holding and Waterdrip. The protocol's smart contracts have undergone third-party audits by Beosin in August 2024, alongside reported reviews from ScaleBit and KEKKAI. In December 2025, Linkage Global Inc. announced a non-binding letter of intent to acquire Cicada Tech Limited for $60 million, subject to customary closing conditions and regulatory approvals.
The protocol faces material operational and market risks. An exploit affecting the rtUSQ contract resulted in a protocol-wide pause, suspending all core interactions. In addition, the LTCIC token has experienced an approximate 99.6% price collapse from its all-time high, accompanied by micro-cap liquidity and low daily trading volume. Tokenomic transparency remains limited, as circulating supply figures and vesting schedules are not fully disclosed in official documentation, while governance rights via Snapshot are tied to rtCIC rather than directly to the LTCIC token.