HAKKA Value Calculator
Calculate how much your HAKKA investment has lost since its 2020 launch. Based on article data showing 98.7% price decline.
Hakka.Finance (HAKKA) is a decentralized finance (DeFi) project that launched in April 2020 with a bold promise: to build an integrated suite of financial tools that give users real control over their money. But today, it’s not the thriving ecosystem it once claimed to be. The HAKKA token, its native currency, has lost over 98% of its value since launch. What’s left is a quiet, underused protocol with shrinking liquidity, minimal developer activity, and a community that’s largely moved on.
What HAKKA was supposed to be
Hakka.Finance didn’t start as just another crypto token. It was designed as a DAO - a decentralized organization run by its token holders. The idea was simple: create a set of interconnected DeFi products all tied together under one governance system. Holders of HAKKA would vote on changes, treasury spending, and new features. The goal? Financial sovereignty - letting users bypass banks and traditional finance entirely. The team behind it stayed anonymous, which isn’t unusual in DeFi, but it also meant there was no public face to rally around. Still, early adopters liked what they saw. The protocol planned six products. Four are still listed as active: BlackHoleSwap, iGain, Third Floor Mutual, and Hakka Intelligence. Two others - Tokenized Collateralized Debt and Crypto Structured Fund - haven’t launched, and haven’t been updated in years.How HAKKA actually works
HAKKA is an ERC-20 token built on Ethereum. That means you need an Ethereum wallet like MetaMask to hold or trade it. The total supply is fixed at 470 million tokens, but only about 275 million are in circulation. That’s important because it affects how much value each token can carry. The real engine of Hakka.Finance was its products:- BlackHoleSwap: A stablecoin exchange that didn’t just swap tokens - it redirected liquidity to lending protocols like Compound to earn extra yield. This was its main innovation. Unlike Curve Finance, which keeps liquidity locked in pools, BlackHoleSwap tried to make every dollar work harder.
- iGain: A platform for trading tokenized options. You could buy a Call or Put option, and instead of holding a contract, you’d get a tradable token. If you sold early, you paid a 3% penalty. It sounded clever, but the volume was tiny - less than $30,000 in 24 hours as of December 2025.
- Third Floor Mutual: A community-based insurance pool. Users pooled HAKKA to cover losses from smart contract failures. It never gained traction.
- Hakka Intelligence: A data dashboard for tracking DeFi positions. Useful in theory, but redundant given the free tools available on Etherscan and DeFiLlama.
Where things went wrong
The concept had potential, but execution failed on every level. First, liquidity. BlackHoleSwap’s total value locked (TVL) peaked at $15 million in 2021. Today, it’s under $40,000. That’s not enough to support even small trades. Users report 15% slippage on $500 trades - meaning you lose money just by trying to enter or exit a position. Second, developer activity. The GitHub repository shows only 12 commits in the last six months. That’s not progress - that’s stagnation. No new features. No security updates. No integrations with other chains like Polygon or Arbitrum, even though they were on the roadmap. Third, governance is broken. Only 6.09% of HAKKA tokens are staked for voting. That means less than 1 in 16 holders are even trying to influence the project. The rest are either holding in hope, or waiting to sell.
The numbers tell the real story
HAKKA’s price history is a textbook case of a failed DeFi project:- Launch price (April 2020): $0.2101
- Current price (December 2025): $0.0025
- Market cap: ~$640,000
- Rank on CoinGecko: #1427 out of over 25,000 cryptocurrencies
- 24-hour trading volume: ~$27,000
- Token holders: 4,134 - with the top 10 wallets owning 47.3% of all HAKKA
Who still uses it?
There are two types of users left:- Long-term believers: A small group who still think Hakka.Finance will revive. One Reddit user claims their “guild bank feature” saved their portfolio during the 2024 crash. But there’s no public data to verify this.
- Speculators: People who buy low hoping for a pump. They’re not using the products - they’re just trading the token.
21 Comments
Candace Murangi
Been watching HAKKA fade into the background like a dusty old VHS tape. Honestly? I’m not surprised. DeFi is full of shiny new toys that break after six months. This one just took longer to die.
Still, I respect anyone who tried to build something real. Even if it failed, it was more than most projects ever attempt.
Albert Chau
98% loss? That’s not a ‘mistake’-that’s a funeral. And the fact that people are still clinging to it like it’s a life raft is the real tragedy.
Someone’s got to tell these believers they’re not investing-they’re donating to a ghost.
Joey Cacace
Thank you for this incredibly thorough breakdown. I’ve been hesitant to comment on HAKKA because I didn’t want to sound harsh, but your post captures everything I’ve been feeling.
The fact that governance participation is under 7% says it all. No one believes in it anymore-not even the people who still hold it.
It’s heartbreaking, really. I hope the team at least learned something from this.
Taylor Fallon
It’s funny how we romanticize ‘decentralized’ projects… until they stop being convenient.
Hakka.Finance wasn’t broken because of code-it was broken because humans stopped showing up. We want freedom, but we don’t want to do the work. We want DAOs, but we don’t vote. We want yield, but we don’t stake.
Maybe the real failure wasn’t the protocol… it was us.
❤️
Sarah Luttrell
Oh wow. A DeFi project that didn’t get a $500M VC check and didn’t have a Bored Ape mascot? Shocking.
Of COURSE it died. America doesn’t fund ideas-we fund hype. This was a library book in a TikTok world.
Next time, just hire a crypto influencer to say ‘HAKKA TO THE MOON’ 10,000 times. Boom. $2B market cap.
😂
Heath OBrien
they said it was gonna be the next uniswap
now its a ghost town
we all knew it
why did you buy it
lol
Taylor Farano
Let me guess-the ‘long-term believers’ are the same people who bought Bitcoin at $38k and are still holding it at $28k while crying about ‘HODLing’.
This isn’t a project. It’s a psychological experiment on retail traders. And the results? We all lost.
Toni Marucco
There’s a quiet dignity in projects like this-ones that tried to build something meaningful, even if they failed. Unlike the 10,000 meme coins that exploded with no code, no vision, and no ethics, Hakka had architecture.
It just didn’t have endurance.
And that’s the real lesson: In crypto, you can be brilliant, but if you don’t nurture the community, you’re just a footnote in a whitepaper.
Steven Ellis
For anyone considering HAKKA as an investment, please remember: liquidity isn’t just about volume-it’s about trust.
When the top 10 wallets hold nearly half the supply, you’re not participating in a decentralized system-you’re gambling on the whims of a handful of whales.
And when the devs stop committing to GitHub? That’s not ‘maintenance mode.’ That’s a tombstone being engraved.
Claire Zapanta
Did you know the ‘audit’ was done by a guy named ‘CryptoSec’ who also audited 47 other projects that all got hacked?
And the ‘guild bank feature’ that one guy says saved his portfolio? That’s not real. It doesn’t exist in the smart contracts.
They’re just gaslighting newbies into thinking this is still alive.
They’re using your hope to keep the token price from hitting zero.
It’s a Ponzi dressed in DeFi clothes.
🧠
Kathy Wood
NO. NO. NO. This is not a ‘cautionary tale.’ This is a SCAM. A flat-out, deliberate, rug-pull waiting to happen. People are still buying? Are you kidding me?!
Abhishek Bansal
u think its dead? wait till u see the new update coming next week
they just got funding from a secret investor
hakka gonna moon in 2026
trust me bro
im holding 100k
its gonna be 100x
Bridget Suhr
I actually used BlackHoleSwap back in 2021. It was smooth. The yield was decent. I remember thinking, ‘This could be something.’
Then one day, the UI just… stopped working. No warning. No update. Just silence.
That’s when I knew. It wasn’t just the token-it was the whole ecosystem giving up.
Scot Sorenson
So let me get this straight-you’re telling me a project with 275M circulating supply, $27k volume, and zero devs is still ‘alive’?
What planet are you on? This isn’t a crypto project. It’s a museum exhibit.
And the fact that people are still buying it? That’s the real horror story.
Ike McMahon
Just a quick note: if you still hold HAKKA, don’t panic. But please, don’t add more. Let it go. Your money will thank you.
There are better places to learn DeFi. Don’t waste your time on a ghost.
JoAnne Geigner
I’ve been thinking a lot about legacy projects lately…
Hakka.Finance didn’t just fail-it faded. Like a song you used to love, but now you only hear it in the background of a forgotten playlist.
It’s not evil. It’s not malicious. It’s just… gone.
And maybe that’s the most painful kind of death.
Still, I’m grateful for the attempt. We need more builders, even if they don’t win.
🕊️
Anselmo Buffet
Been holding since 2021. Not because I think it’ll bounce. Just because I don’t want to admit I made a mistake.
But reading this? I think I’m ready to let it go.
Thanks for the clarity.
Patricia Whitaker
Why are we even talking about this? It’s dead. Move on. There’s a new meme coin with a dog named ‘HAKKA’ on Solana. That’s what you should be investing in.
Kim Throne
For those curious about the ‘guild bank’ feature mentioned by one user: it was never implemented. The term appears nowhere in the smart contract code, documentation, or governance proposals.
It’s a myth created to give false hope to retail holders.
Always verify claims against on-chain data. Not Reddit anecdotes.
Caroline Fletcher
They’re all in on it. The devs, the whales, the Discord mods-they’re all laughing at us.
Remember when they said ‘this is community-driven’? Nah. It was always a pump-and-dump with a fancy website.
They just waited for the fools to show up.
And here we are.
Kathryn Flanagan
I remember when Hakka had 8,500 people in Discord. Now it’s 2,347. And most of those are bots or people who just joined to say ‘I still believe.’
But here’s what no one talks about: the real tragedy isn’t the price drop.
It’s the fact that so many people put their trust in something that never asked for it.
They didn’t just lose money-they lost faith in the idea that crypto could be different.
And that’s the real cost.
It’s not about tokens.
It’s about hope.
And sometimes… hope dies quietly.