Nabla
NABLA
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
The assessment of NABLA is severely constrained by major data gaps caused by name collisions with unrelated entities in healthcare AI, machine learning, and energy trading. Three sections lacked sufficient verifiable crypto-specific data and were excluded from scoring: Active Development (-1.0), Market and Use Case (-1.0), and Team and Governance (-1.0). For the remaining sections, Community Support scored 2.0/10 due to dormant governance channels, outdated mid-2024 documentation, and an absence of recent verifiable organic engagement. Tokenomics scored 4.5/10, showing high insider control (~40.5% between team and treasury), an unitemized allocation gap of ~11.7%, and an absence of clear utility or emission drivers, mitigated moderately by an unlock cliff extending to December 2028. Security and Audit History scored 5.5/10 based on a verified independent audit conducted by Pashov Audit Group in July 2024 with a fixes-review cycle and no recorded exploits or legal proceedings. The overall score represents the proportional weighted average of the three evaluable 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 Nabla (NABLA)
Nabla (NABLA) is a cryptocurrency token deployed on the Base blockchain and associated with the Nabla Finance protocol. The underlying smart contract framework encompasses components such as NablaPortal, BackstopPoolCore, NablaBackstopPool, GenericPool, PythAdapter, and OraclePriceAdapter. Governance infrastructure was established using Snapshot voting, discussion forums, and dedicated communication channels.
The tokenomics structure defines a total supply of 1,000,000,000 NABLA tokens. Allocation data indicates that approximately 40.5% of the supply is controlled by the team, shareholders, and the treasury, with roughly 11.7% unitemized. The vesting schedule establishes a lockup period with the next token unlock event scheduled for December 10, 2028.
In July 2024, the project's smart contracts underwent an independent security review by Pashov Audit Group, which included a remediation review to address identified findings, including vault inflation vulnerabilities in the BackstopPool contract. There are no recorded security exploits, smart contract hacks, or regulatory actions associated with the token. However, project assessment is constrained by significant information limits, dormant governance activity with documentation dating to mid-2024, and a lack of verifiable utility mechanisms.