LIBRA (LIBRA): tokenomics, risks and score
A Solana token promoted by a serving head of state, which collapsed within hours amid allegations that insiders extracted very large sums.
What LIBRA is, and what it does
This asset has failed. It is recorded here so that a search returns what actually happened rather than promotional material that is still online.
What the LIBRA token itself does: It captures no protocol revenue. Any value rests on governance rights, on speculation, or on a change that has not happened yet.
Where it runs: Solana. Mechanism: SPL token on Solana. It has been running since 2025, so roughly 1 years.
The facts
- TICKER
- LIBRA
- SECTOR
- Failed and defunct
- CHAIN
- Solana
- LAUNCHED
- 2025, so around 1 years of operating history
- MECHANISM
- SPL token on Solana
- MAXIMUM SUPPLY
- 1 billion
- VALUE CAPTURE
- None
- UPGRADE CONTROL
- Team controlled
- VESTING
- Complete
- LIQUIDITY BAND
- Micro cap. Thin, often a single venue or pool. Treat the quoted price as indicative only.
How the score breaks down
Each dimension is explained on the directory page, and the reasoning behind it is taught in the Academy research process.
Supply and value capture
A hard maximum supply that cannot be raised without the agreement of essentially every participant. The token captures no protocol revenue. Any value rests on governance rights, speculation, or future changes that have not happened yet.
The founding team retains control over upgrades or parameters. Ownership is heavily concentrated. A small number of wallets hold enough to determine the price on their own.
Where it is strong and where it is not
- None. It collapsed within hours amid allegations of insider extraction.
- Collapsed within hours of a very high profile launch
- Wallets connected to the launch removed liquidity at scale
- Promotion from a head of state gave it credibility it did not deserve
- Political and legal proceedings followed
Incident history
Collapsed within hours of launch as wallets connected to the launch removed liquidity, with very large sums extracted. Political and legal proceedings followed.
Our read
The main risk
It collapsed within hours amid insider extraction. There is nothing here to buy.
Before you buy anything
Check the contract address against the project's own documentation rather than a search result or a screener link, since impersonation tokens with identical names and logos are listed constantly. Check the order book depth before assuming you can exit at the quoted price. And write down what would make you wrong before you buy, not after. The Academy thesis module covers why that single habit protects more capital than any indicator.