KingDeFi (KRW) Crypto Coin: What You Need to Know Before Investing
Feb, 6 2026
KingDeFi (KRW) shares its symbol with South Korea's official currency, causing confusion for traders. Despite claims of being a DeFi analytics platform, data from late 2025 reveals serious issues with this cryptocurrency.
What KingDeFi Claims to Be
KingDeFi positions itself as a DeFi project that optimizes yield farming across Binance Smart Chain and Solana networks. It promises users a dashboard for tracking liquidity pools, finding high-APY farms, and earning rewards through its "double reward program." The platform's marketing emphasizes tools like a liquidity pool search engine and portfolio tracking features for "Knights" (their term for users). However, these claims don't match the reality of what's actually happening on the ground.
The Data Reality
As of November 2025, KingDeFi's Total Value Locked (TVL) is a mere $766. To put that in perspective, DeBank-a competitor-holds $850 million in TVL, while Zapper.fi manages $1.2 billion. KingDeFi also has only 7,030 token holders, compared to Uniswap's 850,000 users. The token price sits around $0.00068, down 85% from its all-time high of $0.0050 in August 2021. Daily trading volume fluctuates between $6.3 million and $12.28 million across exchanges, but this activity is purely speculative trading with no actual platform usage.
Tokenomics That Don't Add Up
KingDeFi has a circulating supply of 9.82 billion tokens. With a price of $0.00068, this creates a market cap of approximately $6.68 million. However, CoinMarketCap lists the market cap as "$0" despite showing price and supply data, indicating inconsistent reporting. A high supply like this usually leads to extreme price volatility, which is exactly what's happening here. The token's low price per unit makes it attractive for "pump and dump" schemes rather than sustainable utility.
The KRW Symbol Confusion
Here's a critical issue: KingDeFi uses the ticker KRW, which is the official ISO code for South Korea's currency-the South Korean Won. This causes real-world problems. Some exchanges accidentally route trades to the South Korean Won instead of the token, leading to unintended losses for traders. For example, a user trying to buy KRW tokens might end up purchasing South Korean Won currency. This confusion isn't just a minor annoyance; it's a serious risk for anyone trading this asset.
Comparison with Industry Leaders
| Project | TVL | Active Users | Market Cap | Daily Volume |
|---|---|---|---|---|
| KingDeFi (KRW) | $766 | 7,030 | ~$6.68M | $12.28M |
| DeBank | $850M | 850,000 | N/A | N/A |
| Zapper.fi | $1.2B | 450,000 | N/A | N/A |
Expert Opinions and Red Flags
Industry analysts are cautious about KingDeFi. Blockchain Research Institute's David Han noted in a November 2025 Twitter thread that "Tokens with KRW symbol confusion and TVL below $1k typically indicate meme-coin status masquerading as DeFi infrastructure." Messari's November 10, 2025 DeFi Health Report categorizes projects with TVL under $10,000 and market cap under $10 million as "high probability abandonware." KingDeFi's lack of technical documentation, absence of smart contract audits, and no GitHub activity further signal this isn't a serious project.
Should You Invest in KingDeFi?
The short answer is no. KingDeFi shows all the classic signs of a speculative token with no real utility. Its minimal TVL, inconsistent market data, and symbol confusion create unnecessary risks. Unlike established DeFi platforms, KingDeFi has no active user base, no verifiable community, and no evidence of ongoing development. If you're considering trading KRW, understand you're essentially betting on price swings rather than supporting a functioning ecosystem. For most investors, the risks far outweigh any potential rewards.
Conclusion
KingDeFi (KRW) isn't a DeFi innovation-it's a low-cap token trading on speculation alone. The data speaks for itself: negligible platform usage, confusing symbol, and market inconsistencies. Before engaging with any cryptocurrency, always verify its real-world utility and community support. In KingDeFi's case, the evidence points to a project with little future potential.
What is KingDeFi (KRW)?
KingDeFi (KRW) is a cryptocurrency project that claims to offer DeFi analytics and yield farming tools across Binance Smart Chain and Solana networks. However, data from late 2025 shows it has minimal real-world usage, with a Total Value Locked (TVL) of just $766, only 7,030 token holders, and inconsistent market data across exchanges.
Why does the KRW symbol cause confusion?
KRW is the official ISO currency code for South Korea's Won. When KingDeFi uses KRW as its ticker, exchanges sometimes misinterpret trades as South Korean Won transactions instead of the token. This has led to accidental purchases of currency instead of the token, causing financial losses for traders. For example, users trying to buy KRW tokens on some platforms inadvertently bought South Korean Won at market rates.
Is KingDeFi a legitimate DeFi project?
No. Legitimate DeFi projects have verifiable TVL, active users, and transparent code. KingDeFi's TVL of $766 is thousands of times smaller than industry leaders like DeBank ($850M) or Zapper.fi ($1.2B). It has no audits, no GitHub activity, and no community discussions about actual platform usage. Experts classify it as a speculative asset with no real DeFi functionality.
What's the current price of KRW?
As of November 2025, KingDeFi trades around $0.00068 across major exchanges. Coinbase lists it at $0.000722, CoinMarketCap at $0.0006822, and Bitget at $0.0006790. Despite minor variations, all agree it's trading below $0.001-a sharp decline from its all-time high of $0.0050 in August 2021.
Should I invest in KingDeFi?
Experts strongly advise against it. KingDeFi shows all the red flags of a high-risk speculative token: negligible TVL, inconsistent market data, symbol confusion, and no verifiable development activity. Unlike established DeFi protocols, it has no real user base or platform functionality. If you're considering trading KRW, understand you're betting on price swings with no underlying utility-making it unsuitable for most investors.
What happened to KingDeFi's development?
There's no evidence of active development. The project has no official documentation, no GitHub repository with recent commits, and no technical updates since at least 2021. Major exchanges like Coinbase and Bitget list it with minimal details, and industry analysts note the absence of any meaningful technical improvements. This suggests the project may be abandoned, with only token trading activity remaining.