Bathymark Analysis Standard
Is the DYDX reading confirmed underneath price?
DYDX scores 55: valuation leads (0.9x market cap to protocol depth, 35x market cap to annual fees, 35x market cap to annual revenue), with liquidity depth the soft spot.
- State
- Holding
- Confidence
- high100% component coverage. Visible risk covers 4 of 4 lanes.
- Observed
Three strongest drivers
- Liquidity depth7 / 100$108.85M market cap, $90.3M chain depth, $128.01M protocol depth
- Valuation77 / 1000.9x market cap to protocol depth, 35x market cap to annual fees, 35x market cap to annual revenue
- Trend quality