Saros
SAROS
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
SAROS (Saros Finance) demonstrates significant operational and market weaknesses across evaluated dimensions. Data gaps were encountered in Community Support (-1.0) and Team and Governance (-1.0) due to a complete lack of project-specific retrieved data and governance records, requiring their exclusion and proportional weight redistribution across the remaining four categories. In Active Development (2.5/10), the project exhibits minimal activity with only 14 total SDK commits and no documented releases or commits between 2024 and 2026. Market and Use Case (2.5/10) reflects a severe valuation drawdown exceeding 99% alongside anomalous volume-to-market-cap metrics and intense DEX competition on Solana. Tokenomics (5.5/10) shows standard allocation and burning mechanisms, though high unlock overhang (56%-80% locked) and circulating supply reporting discrepancies pose ongoing dilution risk. Security and Audit History (4.0/10) reveals no formal third-party smart contract audits, relying instead on community bug bounties that previously resolved critical pre-exploitation SDK bugs without documented fund loss. With no qualifying red-flag loss events found, the calculated weighted score is 3.7/10.
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 Saros (SAROS)
SAROS is the native utility and governance token of Saros Finance (SarosSwap), a decentralized finance protocol primarily operating on Solana and Viction. The platform functions as a decentralized exchange and concentrated-liquidity automated market maker (DLMM) supported by an ecosystem software development kit (SDK). Within the protocol, the SAROS token is designated for governance participation, staking fee discounts, and in-app functional utilities.
The token has a fixed maximum supply of 10,000,000,000 tokens. Its distribution structure allocates 35% to core contributors and investors, 40% to foundation reserves and ecosystem growth, and 25% across liquidity, community development, and airdrops. The economic design includes deflationary mechanisms such as protocol fee burns and announced buyback programs. However, between 56% and 80% of the token supply remains locked under ongoing vesting schedules, leading to significant unlock pressure.
Saros Finance faces several operational and market risks. Market data shows the project experienced a severe valuation collapse, suffering a drawdown of over 99% from its peak valuation alongside anomalous volume metrics. Active development has remained largely stagnant, with SDK repositories showing minimal commit activity and no dated releases between 2024 and 2026. Furthermore, no formal third-party smart contract audits by recognized security firms were identified; while a community bug bounty surfaced and patched critical pre-exploitation vulnerabilities in its SDKs—including slippage calculation errors and bin array overflow issues—the protocol's security posture has relied primarily on internal and community review.