Hakka Finance Project Overview and HAKKA Token
Hakka Finance is a Decentralized Autonomous Organization (DAO) launched in August 2020, dedicated to building a series of innovative Decentralized Finance (DeFi) products. Its ecosystem encompasses various modules such as BlackHoleSwap (a stablecoin Automated Market Maker), Third Floor Mutual (decentralized insurance), and iGain, with some products already operational. The core philosophy of Hakka Finance is to empower the community with the lead in protocol development through decentralized governance.
HAKKA is the native governance token of the Hakka Finance ecosystem. HAKKA holders have the right to vote on project proposals, collectively deciding the future direction and key parameters of the protocol. Additionally, Hakka Finance's business model involves collecting protocol fees through its products, which are pooled into the Hakka Guild Bank. Theoretically, HAKKA holders own these fees proportionally to their holdings and can unlock a corresponding amount of underlying assets by burning HAKKA, which provides a certain intrinsic value backing for its token.
HAKKA Token Market Liquidity and Trading Status
According to data as of late August 2026, the 24-hour trading volume of the HAKKA token fluctuates only in the hundreds of dollars, indicating extremely low market liquidity and nearly exhausted trading activity. For participants seeking to trade or invest in HAKKA, this means it may be difficult to find enough buyers or sellers to execute trades, price volatility could be high, and there is a risk of high slippage. Currently, there are no reliable active trading channels for this token.
HAKKA Token Historical Performance and Key Data
The HAKKA token has experienced dramatic historical price fluctuations. As of late August 2026, its price ranges approximately between $0.0021 and $0.002162. Its all-time high reached $1.14, while its all-time low was around $0.000103, showing a significant price drop. As of publication, HAKKA's market capitalization is approximately $790,000 to $810,000, with a circulating supply of about 377.55 million to 380 million HAKKA.
- Current Price (as of late August 2026): Approximately $0.0021 - $0.002162
- 24-hour Trading Volume (as of late August 2026): Approximately $104 - $390
- Market Cap (as of late August 2026): Approximately $790,000 - $810,000
- Circulating Supply (as of late August 2026): Approximately 377.55 million - 380 million HAKKA
- All-Time High: $1.14
- All-Time Low: $0.000103
Hakka Finance Team and Background
The Hakka Finance project was founded by Ping Cheng, an experienced early Ethereum developer. The team also includes technical researcher Jack Lai, and advisors Wego Chen and Ian Hsu. Hakka Finance is a project under Pelith, a blockchain startup.
Risk Warning
Given the extremely low 24-hour trading volume and market liquidity of the HAKKA token, investing in this token carries significant risks. Investors may face difficulties in buying and selling, severe price volatility, high slippage, and potential further depreciation in value. It is crucial to conduct thorough research and fully understand the associated risks before considering any investment.
