Polygon
KLIMA is Klima DAO's reserve currency, designed so each token is backed by at least one tonne of tokenized carbon (Toucan BCT/NCT and C3 UBO/NBO) held in the protocol treasury on Polygon. It was the flagship of the on-chain carbon movement in 2021 and remains the most-traded carbon token, though at a fraction of its launch price after the voluntary market repriced. Contract, supply and a live route verified by Prism.
A reserve currency backed by tonnes of tokenized carbon held on-chain.
Prism analyst note
KLIMA is the elder statesman of on-chain carbon: the token that pulled real Verra and Gold Standard credits into DeFi, once trading in the hundreds of dollars, now cents after the voluntary carbon market's repricing. The treasury backing remains real tokenized carbon. A recovery-thesis holding: cheap, liquid exposure to on-chain carbon if the market re-rates, dead money if it does not.
Generated from issuer disclosures and reviewed against the sources listed below. Not investment advice.
Structure & compliance
- Underlying
- Tokenized carbon credits (BCT, NCT, UBO, NBO) held in the Klima treasury, targeting at least one tonne of CO2 per KLIMA
- Legal structure
- Carbon-backed reserve token; treasury holds tokenized carbon per KLIMA
- Jurisdiction
- Decentralized protocol / Verra & Gold Standard registries
- Administrator
- Klima DAO
- Reserve information
- The carbon credits behind the token are held in the issuer's or registry's account against circulating supply; Prism verifies the contract, symbol, supply and a live market on-chain, and does not independently attest the retirement or vintage of a specific tonne.
- Transfer restrictions
- Freely transferable ERC-20 on Polygon. Secondary trading is open, confirmed by a live market; the token carries no KYC transfer gate.
- Investor eligibility
- Open / permissionless
- KYC required
- No, permissionless transfers
- Launched
- Oct 18, 2021
Reserve verification
Contracts & on-chain data
Addresses shown only where independently confirmed against explorers and issuer documentation. Holder and transfer analytics are available via the linked explorers.
Frequently asked
Is each KLIMA really backed by a tonne of carbon?+
The protocol is designed so the treasury holds at least one tonne of tokenized carbon per KLIMA. The market price can trade below that intrinsic backing, which is part of why it looks cheap; Prism verifies the token and its live market, not the treasury's per-token ratio in real time.
