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    Swarms

    SWARMS

    Evaluation Score

    Overall rating on a scale of 0-10

    RiskReturn
    03.710
    Risk Level:
    Very High
    Recommendation:Avoid
    Evaluated:August 28, 2026 (v14)

    Dimension Breakdown

    Development Activity6.0
    Community Health2.0
    TokenomicsN/A
    Market & Use Case4.0
    Team & Governance3.0
    Security & Audits2.5

    AI Analysis

    Comprehensive evaluation of the token

    SWARMS is associated with the Swarms multi-agent AI framework, showing active open-source SDK development across multiple repositories (score 6.0/10). However, the project faces severe structural, security, and governance risks. Tokenomics lacked verified data specifically for the Solana contract (score -1.0), which was excluded from the weighted average. The token launched via pump.fun on Solana, creating a fundamental discrepancy with marketing materials claiming an ERC-20 standard with staking/governance utilities. The unaudited contract has an unverified team (score 2.5/10), centralized single-person leadership (score 3.0/10), an unverified DAO asking users to directly transfer tokens to a treasury address (score 2.0/10), and an estimated ~99% drawdown from all-time highs with thin liquidity (score 4.0/10). No qualifying red-flag cap was applied as no dated exploit or formal legal action against the token contract was confirmed, but the combined risks yield a low weighted score of 3.7/10.

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    Development Activity

    Code updates and developer engagement

    RiskReturn
    06.010

    Community Support

    Social media presence and community engagement

    RiskReturn
    02.010

    Tokenomics

    Supply, distribution, and utility

    Insufficient Data

    Market & Use Case

    Value proposition and competitive landscape

    RiskReturn
    04.010

    Team & Governance

    Team background and project governance

    RiskReturn
    03.010

    Security & Audits

    Security history and audit status

    RiskReturn
    02.510
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    About Swarms (SWARMS)

    SWARMS is a cryptocurrency token deployed on the Solana blockchain, associated with the Swarms open-source multi-agent artificial intelligence framework. The underlying software project, founded by Kye Gomez, develops developer toolkits and software development kits (SDKs) in Python, TypeScript, and Go for orchestrating autonomous AI agents. The SWARMS token was launched in December 2024 via the Solana-based launchpad pump.fun to function alongside the AI agent ecosystem.

    The project displays significant discrepancies between its promotional materials and on-chain deployment. While project documentation describes SWARMS as an ERC-20 token on Ethereum with native governance and staking infrastructure, the actual deployed asset operates exclusively on Solana. Furthermore, verified tokenomics, circulating supply metrics, and direct contract-level utility remain undocumented. A related decentralized autonomous organization (DAO) portal presents unverified metrics and prompts participants to manually transfer tokens directly to a treasury wallet to access governance and advertised yields.

    From a security and market perspective, the SWARMS token smart contract has not undergone any independent third-party code audits, and the development team has not completed third-party KYC verification. Market data indicates the token has experienced a severe price crash, trading roughly 99% down from its peak launch-era valuation with thin liquidity and market capitalization ranging between $6.16 million and $8.18 million.

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