Osaka Protocol
OSAK
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
Osaka Protocol (OSAK) is an ERC-20 meme coin launched in April 2023 that reuses the Shiba Inu contract. Across all evaluated pillars, the project displays significant structural weaknesses. Active Development scored 1.0/10 due to a total lack of verifiable developer activity, updates, or code releases. Community Support scored 1.5/10, characterized by low active engagement and uncorroborated marketing claims regarding Layer-2 features. Tokenomics (3.5/10) reflects a non-mintable supply with burned LP and high initial burns, but lacks functional utility or fee sinks. Market and Use Case scored 3.5/10 due to low 24-hour trading volumes ($56K–$66K) and unverified technical claims. Team and Governance (3.5/10) notes completely pseudonymous creators with no transparent governance structure. Security and Audit History (2.5/10) highlights the complete absence of smart contract audits and external phishing campaigns targeting holders, though no contract exploits or regulatory actions were identified. The overall weighted score is 2.55/10.
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 Osaka Protocol (OSAK)
Osaka Protocol (OSAK) is an ERC-20 meme coin launched in April 2023 that reuses the original Shiba Inu smart contract structure. Primarily deployed on the Ethereum blockchain, with presence across other networks including Base, the project positions itself as a decentralized meme-based asset. The token has a fixed, non-mintable total supply with 73.854% of the supply and 100% of the initial liquidity pool burned at launch, resulting in an absence of team allocations or vesting schedules.
While external marketing materials describe Osaka Protocol as an EVM-compatible Layer-2 blockchain featuring gas utility, staking, and on-chain governance, market and blockchain data do not corroborate these technical claims. The token lacks inherent utility, protocol fee sinks, and documented developer activity, operating without public code repositories, changelogs, or an active governance framework. The project operates under pseudonymous leadership without identifiable team members.
Osaka Protocol has not undergone any independent smart contract security audits. While the token contract itself has not experienced documented exploits or protocol-level failures, holders have been targeted by external security threats. In August 2025, security monitoring identified an active phishing campaign utilizing fraudulent domains to impersonate the project's reward distribution interface to steal funds from users.