Kairos assessment
relative to the top 250 · not a recommendation- Valuation
- Fair
- Risk
- Very high
- Technicals (daily)
- Bearish
- Macro
- Headwind
AI analysis: edgeX
Valuation, bull & bear case, technicals, macro and triggers – from all live data
Opportunities & risks
Detected automatically from valuation, on-chain data, technicals, derivatives, development and news.
Opportunities 2
- Cheap relative to revenueImportant
P/S 5.9× – cheaper than 86% of protocols with revenue data.
- High value captureRelevant
72% of fees end up as protocol revenue.
Risks 5
- Fees collapsingRelevant
−51.1% vs. the previous month.
- Dilution riskRelevant
FDV = 2.9× MCap – only 35% of the supply is circulating. Future token unlocks weigh on the price.
- Short price historyRelevant
The all-time high and all-time low both fall within the last 6 months – there is little experience of how the price behaves over longer periods.
- Intact downtrendRelevant
Price below SMA50, below SMA200.
- Small market capMinor
$117.99M – more prone to sharp swings.
Notes
- Near the 52-week lowRelevant
Price in the bottom tenth of its yearly range – a floor or more selling?
- Far below the 200-day averageMinor
Mayer Multiple 0.54 – considered a cheap zone. Whether this signal has had an edge so far is shown in the Indicator Check.
Well-known indicators
From daily candles · each row with context – whether a signal has helped so far is shown in the Indicator Check
- 50- and 200-day linesDeath cross50-day line below the 200-day lineHistorically tested – Death cross for Bitcoin: no clear edge (9 signals) →
- RSI (14 days)43neutral (30–70)Historically tested – RSI oversold for Bitcoin: no clear edge (21 signals) →
- MACDpositiveshort-term momentum stronger than recently
- Bollinger position65%upper half of the band
- ATR (14 days)4.1%typical daily move ±4.1%
- Mayer Multiple0.54low (below 0.8)Historically tested – Mayer Multiple low for Bitcoin: no clear edge (16 signals) →
- Distance to all-time high−78%high on May 22, 2026
- Max. drawdown 1 year−84%largest drop from a high in 12 months
- Sharpe ratio 1 year0.33moderate
- Beta / correlation to Bitcoin0.05 / 0.02swings less than Bitcoin
- Volume trend−32%trading is decreasing
Why this assessment?
Every value is built from factors – value, percentile (0–100) and weight. Everything is relative to the top 250: a model-based assessment, not a recommendation. What actually works: Track Record
- Fee growth 30 d−51.1%9 · 55 %
- Value capture (revenue/fees)72.3%61 · 27 %
- Fee volume 30 d$2.29M52 · 18 %
The Growth Score is the fundamentals pillar – unchanged in a live test since 29 Sep 2026. In the backtest it was the only pillar positively linked to later performance. We picked it after looking at the data, so it is a hypothesis, not a forecast.
News
No recent articles on CoinDesk, Cointelegraph or Decrypt.
Key figures
Market
Supply
35% of max supply circulating
All-time high & low
Price range and trend
Downtrend · points verdict from trend, RSI, MACD and crosses: Bearish (29/100)
Fundamentals (on-chain)
edgeX · Derivatives · DefiLlama
Derivatives (Binance perps)
EDGEUSDT
About edgeX
edgeX is a 24/7 decentralized trading layer for global assets, offering perpetuals across commodities, equities, and crypto, alongside spot markets. Powered by its own EDGE Chain, edgeX is designed to deliver capital-efficient, self-custodied and 24/7 trading for users globally. Backed by Circle and integrated with native USDC, edgeX is building next-generation trading infrastructure that connects global liquidity with onchain settlement across multiple asset classes.