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Unibot (UNIBOT): tokenomics, risks and score

44/100SCORE · DCaution Grade D, caution

One of the first Telegram trading bots to share revenue with token holders, which suffered a contract exploit in 2023.

What Unibot is, and what it does

This is a DeFi protocol. It provides a financial service such as trading, lending or derivatives through smart contracts rather than through a company, so there is no account to open and no one to approve you.

What the UNIBOT token itself does: It receives a share of the fees the protocol collects, so holding it is a claim on real revenue.

Where it runs: Ethereum. Mechanism: Telegram trading bot with revenue share. It has been running since 2023, so roughly 3 years.

The facts

TICKER
UNIBOT
SECTOR
DeFi
CHAIN
Ethereum
LAUNCHED
2023, so around 3 years of operating history
MECHANISM
Telegram trading bot with revenue share
MAXIMUM SUPPLY
1 million
VALUE CAPTURE
Fee share
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

track record6/20
tokenomics20/20
transparency7/15
decentralisation5/15
adoption3/15
liquidity3/15

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. A share of protocol fees reaches holders directly, which is the strongest form of value capture available.

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

✓ Strengths
  • Supply is capped, so holders are not diluted indefinitely
  • The token captures real protocol revenue rather than relying on speculation alone
  • Vesting is complete, so there is no scheduled supply overhang
✗ Weaknesses
  • Heavily concentrated ownership means a few wallets control the outcome
  • Upgrade control sits with a small group, so the rules can change
  • Thin liquidity. Check order book depth before assuming you can exit
  • Has 1 recorded incident on its history

Incident history

2023

A flaw in its router contract was exploited, draining tokens from users who had granted it approvals. The team compensated affected users.

Our read

It established the trading bot revenue share model that many others copied. In October 2023 a flaw in its router contract was exploited, draining tokens from users who had granted approvals to it, which is a direct illustration of why approvals to closed source contracts are dangerous. Its share has since declined.

The main risk

A prior approval based exploit, closed source code, a pseudonymous team and declining market share.

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.

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RISK WARNING Crypto assets are highly volatile and largely unregulated. You can lose everything you put in. Nothing on this page is financial, investment or tax advice, and nothing here is a recommendation to buy or sell any asset. Do your own research and never commit money you cannot afford to lose.