SWEAT
SWEAT
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
SWEAT (Sweat Economy) demonstrates continued technical delivery with its multichain expansion across EVM ecosystems and NEAR, but is heavily weighed down by severe security, governance, and market risks. A major data gap exists in Team and Governance (excluded from calculation due to insufficient project-specific data in the retrieved sources). In April 2026, the project suffered a critical exploit draining roughly 13.71 billion SWEAT (~65% of total supply, worth ~$3.5M) due to a vulnerability in its core NEAR token contract; although user balances were restored and a patch deployed, the event highlighted severe supply-integrity vulnerabilities and centralization. Furthermore, community support is very low (1.5/10) with dormant governance since 2022, and tokenomics remain encumbered by large non-circulating supply overhang and ongoing mint emissions.
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 SWEAT (SWEAT)
SWEAT (Sweat Economy) is a move-to-earn cryptocurrency designed to incentivize physical fitness by rewarding users of the Sweat application for their activity. The token natively operates on the NEAR Protocol and has expanded multichain support across Ethereum, Arbitrum, Base, and BNB Smart Chain. Its mechanism relies on an uncapped token supply with an exponentially increasing minting difficulty over time, accompanied by inactivity fees and periodic foundation-managed token burns and buybacks to regulate circulating supply.
Governance and community engagement around the token have experienced periods of inactivity, with official governance participation remaining largely dormant since December 2022. Tokenomics evaluations note significant supply overhang, with more than 61% of the total supply held in non-circulating allocations managed by the Sweat Foundation, alongside thin trading liquidity relative to potential minting emissions.
On April 29, 2026, the project experienced a severe security incident when an attacker exploited an unguarded callback vulnerability in the NEAR-based token contract. The exploit drained approximately 13.71 billion SWEAT—representing roughly 65% of the total token supply and valued at approximately $3.5 million at the time—from top holder addresses and multiple foundation accounts. The team responded by pausing the token contract, coordinating with exchanges to freeze accounts, deploying a patched contract, and fully restoring affected external user balances.