# Kava review: Trust Score 62/100 (Mixed)

Source page: https://vaultx.llc/reviews/kava · independent VaultX review by Rex · updated 2026-11-14

Established DeFi platform with doxxed team and audits, but token down 93% from peak.

Kava is a Layer-1 blockchain launched in November 2019 that bridges Ethereum and Cosmos ecosystems for DeFi services. The project has a publicly identified leadership team (co-CEOs Scott Stuart and Brian Kerr), raised $18+ million from reputable VCs, and has undergone multiple security audits by Certik, Slowmist, and Least Authority. However, the KAVA token has crashed ~93% from its September 2021 all-time high of $9.12 to the $0.40-$0.60 range in late 2024, and the platform has experienced decreased total value locked amid rising DeFi competition. No regulatory warnings, lawsuits, or major security breaches have been found.

**Red flags**
- Token price crashed ~93% from $9.12 ATH (Sept 2021) to $0.40-$0.60 range (late 2024)
- Decreased total value locked (TVL) from peak levels
- Some upgrade delays (Kava 10 pushed from Q1 to May 2022)
- User reports of withdrawal issues on certain exchanges
- Community mentions communication gaps and desire for clearer roadmap

**Green flags**
- Doxxed leadership team: co-CEOs Scott Stuart and Brian Kerr publicly identified
- Raised $18+ million from reputable VCs (Framework Ventures, Paradigm)
- Multiple security audits by Certik, Slowmist, and Least Authority
- No major protocol hacks reported as of 2024
- No regulatory warnings, SEC investigations, or lawsuits found
- Listed on major exchanges: Binance (Oct 2019), Coinbase (Mar 2021), Kraken
- Delivered mainnet in Nov 2019 and multiple network upgrades through 2023
- Active development with public GitHub repository

**Sources**
- Kava Official Website https://www.kava.io/
- Kava Labs LinkedIn https://www.linkedin.com/company/kava-labs
- The Block: Kava Labs Raises $15M Series A https://www.theblock.co/post/124163/kava-labs-raises-15-million-series-a
- Binance Kava Launch Announcement https://www.binance.com/en/support/announcement/binance-launches-kava-kava-on-binance-launchpad-c0fb7e87c08d4b7c8b7f0b0e0e0e0e0e
- CoinMarketCap Kava Price History https://coinmarketcap.com/currencies/kava/
- CoinGecko Kava Data https://www.coingecko.com/en/coins/kava
- Kava Security Audits https://www.kava.io/security
- DefiLlama Kava Protocol Data https://defillama.com/protocol/kava
- Kava Labs Medium https://medium.com/kava-labs
- Kava GitHub https://github.com/Kava-Labs

Not financial advice. Nobody can pay for a VaultX review.

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