THORWallet
TITN
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
TITN is the utility and governance token on Base for THORWallet, a Swiss-based non-custodial multi-chain wallet that migrated from the legacy TGT token in July 2025. On the positive side, active development is steady with ongoing cross-chain integrations (NEAR Intents, Babylon mainnet) and a public Code4rena security audit in early 2025. The tokenomics feature a fixed max supply of 1 billion with team vesting cliffs and real yield fee rebates. However, substantial weaknesses include an extremely weak market footprint with a micro-cap valuation (~$289K), a 98.1% drawdown from all-time highs, thin liquidity, ongoing dilution risks from TGT migrations, heavily incentive-reliant community engagement, and centralized corporate governance with no on-chain DAO mechanisms. No qualifying protocol exploits or security failures were identified for TITN itself.
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 THORWallet (TITN)
TITN is the utility and governance token for THORWallet on the Base blockchain, introduced as a migration and rebrand from the legacy TGT token starting on July 25, 2025. THORWallet is a Swiss-based non-custodial multi-chain wallet platform founded in 2021 by CEO Marcel Harmann. Built using LayerZero's OFT standard for cross-chain connectivity, the token is integrated into a multi-chain wallet application that features swap interfaces and protocol integrations such as NEAR Intents and the Babylon network.
The token has a fixed maximum supply of 1 billion units with no minting or inflationary mechanisms. Approximately 17% of the total supply was allocated for the migration of legacy TGT tokens at a 1:2.66 ratio. Within the application, TITN is utilized across staking tiers to unlock reduced swap fees and variable USDC fee rebates generated from protocol revenue. Allocations for the core team include a 12-month cliff followed by a three-year linear vesting period.
TITN has experienced substantial market headwinds, including a 98.1% drawdown from its all-time high, a micro-cap valuation of approximately $289,000, low liquidity, and ongoing dilution pressure from the TGT conversion process. A Code4rena audit completed in early 2025 identified design weaknesses in the token contract, including a bridging logic griefing vector and dust-amount losses, though no loss of user funds was reported. Additionally, governance remains centralized within the parent company without an active on-chain DAO, and community participation relies predominantly on incentive-driven reward programs.