Why it is in the 11
- Solid positioning (-8% funding, $69.59M open interest)
- Fair real demand (2.3% daily turnover, $70.3K a day in fees)
- Fair liquidity depth ($64.28B market cap, $35.74M chain depth, $790.35M stablecoins)
A large-cap payments token; read by market structure more than on-chain TVL.
XRP scores 51: positioning leads (-8% funding, $69.59M open interest), with valuation the soft spot.
What this page answers
XRP carries a Pick Score of 51 of 100 and is ranked 0 in the Deep 11. XRP scores 51: positioning leads (-8% funding, $69.59M open interest), with valuation the soft spot. The score is a sounding of open data: liquidity depth, real demand, valuation, trend, positioning, and narrative, less a risk penalty.
Seven components, then a risk penalty. Bars show each component's 0 to 100 reading; the percentage is its weight in the composite. A greyed bar means we had no data and read it neutral.
$64.28B market cap, $35.74M chain depth, $790.35M stablecoins
2.3% daily turnover, $70.3K a day in fees
2504x market cap to annual fees, 1.61x FDV to market cap
0.69x its long trend, -22% over 30 days
-8% funding, $69.59M open interest
quiet in the attention feeds right now
6 of 6 reads backed by live open data
Where the models say the water sits. A model-implied range from open data, not a price target and not advice.
A model-implied range from open data, not a price target and not advice. Read it as where the water sits, not where it is going.
A further slide in valuation (2504x market cap to annual fees, 1.61x FDV to market cap) would pull it out.
The chain's liquidity depth (TVL) against XRP's price on a shared timeline. The divergence between them is the reading.
Depth and price are moving together. Much of the TVL swing is the token repricing, not new liquidity arriving or leaving.
Depth from DeFiLlama chain TVL, price from the open DeFiLlama coins feed (CoinGecko id). TVL is in dollars, so it moves partly with price by construction, the reading here is the gap between them, not a forecast. Information, not financial advice.
Funding and open interest from Hyperliquid's public perps API. Funding is the cost of holding leverage, a read of which way the crowd is leaning, not a forecast.
Every number on this page is a sounding of open, keyless data.
Bathymark reads these open numbers and renders its own sounding. This is information, not financial advice. Confidence is high, set by how complete the data is.
Drawn from the entity graph, so a question that starts here always has somewhere to go.