Headline summary
| Status item | State as of 2026-05-07 |
|---|---|
| Kadena LLC entity | Dissolved (October 21, 2025) |
| Mainnet block production | Operational (independent miners) |
| Mining hashrate trend | Stable since dissolution |
| Chainweaver wallet (Foundation's official wallet) | Repository archived (January 9, 2026) |
| Active self-custody wallets | Kadena Wallet, eckoWALLET, Koala, Zelcore, Enkrypt |
| Major exchange delistings (2025-2026) | Binance, OKX, Bybit |
| Exchanges still supporting KDA | MEXC, Gate.io |
| KDA price (general range) | ~$0.07-0.09 (vs $28.25 ATH October 2021) |
| Active DeFi (eckoDEX, KDSwap) | Operational |
| Chainweb-EVM testnet | Operational; mainnet timing not committed |
| Community-led maintenance | Yes (informal group + InFlux Technologies) |
What happened — short version
The Kadena LLC entity that built and marketed the chain since 2018 dissolved in October 2025 following sustained low token price, contracting team operations, and the lapse of major partnerships. The dissolution was confirmed by industry coverage (BeInCrypto, crypto.news, others) in October-November 2025 and reflected in subsequent exchange and infrastructure decisions throughout late 2025 and early 2026.
The chain itself — the Kadena Chainweb mainnet running 20 parallel Pact-based chains — does not depend on Kadena LLC for block production. Mining is performed by independent operators using Antminer KA3, Goldshell KD-series, and similar ASIC hardware, distributed across pools including F2Pool, Poolbay, MiningPoolStats, and others. These miners continued operating through the dissolution and have continued since. As long as miners find it economically viable to mine KDA (or as long as they choose to mine for non-economic reasons), blocks will continue to be produced.
For a more detailed timeline see What happened to Kadena.
What is still operational
Mainnet block production. The 20-chain Chainweb continues to produce blocks at the protocol-defined cadence. There has been no chain halt, no rollback, and no contested fork attributable to the dissolution.
Mining infrastructure. Active mining pools include several that have run since before the dissolution. Hashrate has remained within historical ranges.
Self-custody wallets. Kadena Wallet (desktop), eckoWALLET (browser extension and mobile), Koala Wallet (mobile), Zelcore (multi-chain), Enkrypt (multi-chain extension). See Best Kadena wallets.
DeFi protocols. eckoDEX and KDSwap continue to operate. Total value locked has reduced from peak levels but the protocols are functional.
Centralized exchange access. MEXC and Gate.io continue to support KDA trading and withdrawals.
Chainweb-EVM testnet. See Kadena EVM.
Block explorers and data infrastructure continue to serve.
What is no longer
Kadena LLC as an operating entity. Officially dissolved October 21, 2025. Employees released; office locations closed; business operations wound down.
Foundation development of Chainweaver. Repository archived January 9, 2026 along with several other Kadena-LLC-maintained repositories. No further security updates will be issued under Kadena LLC's control.
Major exchange listings. Binance ended its withdrawal-only period on January 12, 2026; KDA is no longer accessible there. OKX and Bybit also delisted KDA during 2025. See Binance delisting and Exchanges that support Kadena.
Kadena Foundation marketing operations. Official accounts and press functions have either gone silent or been reduced.
Active Pact language development. Pact compiler is open-source and existing contracts run, but there is no longer a paid team shipping new features.
Who is maintaining the chain now
Independent miners produce blocks. As long as they find it worthwhile to do so, the chain runs.
Community developer group. An informal group has organized around continued operation. The most prominent figure is Daniel Keller, CEO of InFlux Technologies (the team behind Flux and Zelcore).
Independent wallet developers. Kadena Wallet (KADENA WALLET LLC), eckoWALLET, Koala, and others continue to maintain their products.
eckoDEX and KDSwap teams continue to maintain their protocols.
The case for and against — fair framing
The case that Kadena is dead
- The original development team and corporate entity no longer exists.
- Major exchange access has been substantially reduced.
- Token price is approximately 99.7% below its all-time high.
- New developer adoption has slowed considerably.
- Pact language development has stopped.
- Chainweaver, the official wallet, has been archived.
- Further attrition could meaningfully impact functionality.
If you define "dead" as "the project as originally envisioned no longer exists in active form," that is largely true.
The case that Kadena is alive
- The chain produces blocks.
- Mining hashrate has remained stable through the transition.
- Self-custody wallet options remain available.
- DeFi protocols continue to operate.
- Some exchange access remains (MEXC, Gate.io).
- A community-led group has organized to coordinate continued operation.
- Chainweb-EVM testnet continues to develop.
- Independent technical infrastructure continues to serve.
If you define "dead" as "the chain no longer functions and KDA cannot be transacted," that is not true.
What about the price
KDA is in the $0.07-0.09 range, vs an all-time high of $28.25 in October 2021 — a decline of approximately 99.7%. The decline began well before the Foundation dissolution and accelerated through 2024-2025. See Kadena price for current data context. We do not provide price predictions; our price-prediction page addresses the search query honestly without forecasting.
What can KDA holders do?
If you hold KDA in a self-custody wallet, your funds remain accessible as long as you control your recovery phrase and the chain continues to operate. No action is required.
If you hold KDA on a delisted exchange (Binance, OKX, Bybit) and have not withdrawn, your options are limited to contacting that exchange's support directly.
If you hold KDA in Chainweaver and want to move to actively-maintained software, see Chainweaver alternative.
If you have lost access to your wallet, see Wallet recovery for honest options.