Premia
PREMIA
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
PREMIA is the governance and utility token of Premia Finance, an on-chain options protocol deployed across multiple EVM chains (Ethereum, Arbitrum, Optimism, Fantom). The protocol shows solid engineering hygiene in its historical repositories (Premia Blue v3, TypeScript SDKs, SourceHat audit) scoring 6.5 in Active Development, though recent commit cadence remains unverified. Tokenomics (5.5) benefit from a fixed 100M supply and ve-tokenomics, but suffer from high treasury concentration and thin liquidity. Market positioning (4.0) is weak within the difficult decentralized options niche, trailing larger competitors. Community support is severely depressed (2.0) with an inactive, minimal holder base (~1,815 holders) and dormant governance. Security (5.0) reflects a clean exploit record, though V2 contracts contain acknowledged deprecated oracle calls and V3 audits could not be fully detailed. A data gap was identified in Team and Governance (-1.0) due to search ambiguity, and its weight was redistributed across remaining sections. No qualifying red-flag events were established.
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 Premia (PREMIA)
PREMIA is the utility and governance token for Premia Finance (Premian Labs), a decentralized options protocol deployed across multiple EVM-compatible networks, including Ethereum, Arbitrum, Optimism, and Fantom. The protocol facilitates on-chain options trading, supported by infrastructure components such as the Premia Blue v3 platform, TypeScript software development kits, and adjacent tooling. Premia operates within the decentralized derivatives sector, competing with other on-chain options and perpetual protocols.
The PREMIA token has a fixed total supply of 100 million tokens, structured with a distribution of 65% allocated to treasury-controlled funds, 10% to founders, and the remainder assigned to community distributions. The protocol implements a Curve-style vote-escrow model (vxPremia or vePREMIA), which enables token holders to participate in governance, receive protocol fee distributions, and direct liquidity-mining incentives. A staked derivative token, xPREMIA, is also part of the token system.
From a security perspective, the project's contracts have undergone audits by SourceHat and employ a 3-of-4 multisig timelock administration model alongside a bug bounty program hosted on Hats Finance. While the protocol has recorded no security exploits or regulatory actions, a known technical vulnerability exists in its V2 contracts, which rely on Chainlink's deprecated latestAnswer() oracle function that the team acknowledged and left unpatched. Additionally, protocol activity reflects a dormant governance system, a small holder base of approximately 1,815 addresses, and thin secondary market liquidity.