1/ The price is the LEAST useful number on a token.
Here are 5 numbers that actually matter, with $AAVE as today's worked example.
All data live from DefiLlama. 🧵
2/ FLOAT (circulating ÷ max supply) $AAVE: 95.89%
Almost the entire supply is already live. Very little dilution risk left.
Under 30%? Tread carefully. There's a lot still coming for you to absorb.
3/ REVENUE CAPTURE (protocol revenue ÷ total fees) $AAVE: 12.9% ($97M kept of $757M in annual fees)
Most fees flow to lenders. That's by design for a lending protocol.
But always check: what does the TOKEN actually claim?
4/ REVENUE MULTIPLE (market cap ÷ annual fees / revenue) $AAVE: 1.8x fees, 13.9x revenue Market cap: $1.35B
This is crypto's closest thing to a P/E. 1.8x fees is cheap by any standard. 13.9x revenue is fair.
5/ TVL TREND vs PRICE (last 30d) $AAVE TVL: -1.25% $AAVE price: -5.61%
Usage barely moved. Price moved 4x more.
That's not the protocol weakening. That's flow.
6/ DATA INTEGRITY.
Every number above is from DefiLlama, pulled live. Not random Twitter screenshots. Not stale CoinGecko market caps.
If the source is wrong, the analysis is wrong. Always check.
7/ Don't want to dig?
Tag @heyzibi with any ticker. The AI pulls all 5 back in seconds, sourced from DefiLlama, with bad data flagged.
https://t.co/5dVbM8zB33
@ada_roma_1 Top Rated Plus freelancer here on Upwork from Egypt. First job I got was in something super niche and I proposed a low rate to compete with other talented freelancers + be first one to apply