Bathymark Analysis Standard
Is the CAKE reading confirmed underneath price?
Last complete board reading: CAKE scores 57: valuation leads (0.2x market cap to protocol depth, 7x market cap to annual fees, 20x market cap to annual revenue), with liquidity depth the soft spot.
- State
- Last complete: Holding
- Confidence
- high100% component coverage. Visible risk covers 4 of 4 lanes.
- Observed
Three strongest drivers
- Liquidity depth11 / 100$465.67M market cap, $2.06B protocol depth
- Valuation84 / 1000.2x market cap to protocol depth, 7x market cap to annual fees, 20x market cap to annual revenue
- Trend quality