Bathymark Analysis Standard
Is the SYRUP reading confirmed underneath price?
SYRUP scores 58: valuation leads (0.1x market cap to protocol depth, 0x market cap to annual fees, 4x market cap to annual revenue), with liquidity depth the soft spot.
- State
- Draining
- Confidence
- high100% component coverage. Visible risk covers 4 of 4 lanes.
- Observed
Three strongest drivers
- Liquidity depth11 / 100$226.7M market cap, $2.28B protocol depth
- Valuation85 / 1000.1x market cap to protocol depth, 0x market cap to annual fees, 4x market cap to annual revenue
- Trend quality