What happens if we value $HYPE against the supply that is actually exposed to its fundamentals?
• Not just the liquid float
On this basis: buybacks are priced at roughly >150× annual revenue.
The logic is simple:
• buybacks and burns should be measured against the entire supply they enrich.
• Locked tokens benefit from supply reduction just as much as liquid tokens do.
Illiquidity affects the ability to sell, not the amount of value accrued.
• Not just the liquid float
On this basis: buybacks are priced at roughly >150× annual revenue.
The logic is simple:
• buybacks and burns should be measured against the entire supply they enrich.
• Locked tokens benefit from supply reduction just as much as liquid tokens do.
Illiquidity affects the ability to sell, not the amount of value accrued.
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We prepare big release with methodology update and lot of new data
v2 is coming
v2 is coming
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Pareto Rule for data is 99-1:
- 1% of onchain data helps you to make money (with proper interpretation)
- 99% of it doesn’t lead to valuable decisions but everyone tries to build it.
Our business is 1%. Others can spend time for 99%
@okhlopkov do you agree with that?
- 1% of onchain data helps you to make money (with proper interpretation)
- 99% of it doesn’t lead to valuable decisions but everyone tries to build it.
Our business is 1%. Others can spend time for 99%
@okhlopkov do you agree with that?
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Getting insights on tokens while cooking up Valueverse v2👇
$NEST revenue performed so well lately:
- Now it's yielding $79/year avg per 10k locked NEST(last epoch annualized)
- Revenue captured since launch: $19 per 10k NEST locked
- P/FCF multipliers: x1.38 (7D), x5.73 (365D or annualizing all existing revenue data since launch).
Will summarize all new stuff that is coming into some article🧠
$NEST revenue performed so well lately:
- Now it's yielding $79/year avg per 10k locked NEST(last epoch annualized)
- Revenue captured since launch: $19 per 10k NEST locked
- P/FCF multipliers: x1.38 (7D), x5.73 (365D or annualizing all existing revenue data since launch).
Will summarize all new stuff that is coming into some article🧠
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Forwarded from Shoal Research Hub
Crypto Is Transitioning From a Venture Market to a Liquid Asset Market
> Most infra has been built, most chains we need exist.
> There is less need for massive vc rounds for infra slop + most funding is now focused on the app layer.
> Crypto is transitioning from a VC-dominated infra buildout to a liquid market era
> Where revenue-generating app-layer protocols are rewarded, mega-funds are no longer needed, and healthy token economics are finally emerging.
Source: https://x.com/ceterispar1bus/status/2092990793665348095
> Most infra has been built, most chains we need exist.
> There is less need for massive vc rounds for infra slop + most funding is now focused on the app layer.
> Crypto is transitioning from a VC-dominated infra buildout to a liquid market era
> Where revenue-generating app-layer protocols are rewarded, mega-funds are no longer needed, and healthy token economics are finally emerging.
Source: https://x.com/ceterispar1bus/status/2092990793665348095
X (formerly Twitter)
ceteris (@ceterispar1bus) on X
crypto is going through its venture --> liquid transition as an investible asset class.
most infra has been built, most chains we need exist. there is less of a need for massive vc rounds for inf…
most infra has been built, most chains we need exist. there is less of a need for massive vc rounds for inf…
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Buying liquid tokens in most cases has much better risk-reward…
then buying something illiquid (for years) from the team that one day will “sunset” the protocol since they spent your money on their experiments and decided to do another thing
Now you just need to pick liquid winners and early alpha; this is the edge now
then buying something illiquid (for years) from the team that one day will “sunset” the protocol since they spent your money on their experiments and decided to do another thing
Now you just need to pick liquid winners and early alpha; this is the edge now
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We closely track what is going on Robinhood and it is not about memes
It’s about revenue generating assets such as $PONS and $UP that made 2021-style altseason rally.
A lot of interesting stuff & fresh liquidity is there so we will cover it up for you
It’s about revenue generating assets such as $PONS and $UP that made 2021-style altseason rally.
A lot of interesting stuff & fresh liquidity is there so we will cover it up for you
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The number of projects distirbuting revenue is growing like a snowball.
It's exciting that "Revenue Meta" is not a meta anymore.
It's a mainstream today.
We collected some thoughts on "price per unit of revenue" metric that we develop:
• Price/mcap is not enough to compare projects with revenue
• The "price per unit of revenue" is the second metric for asset analysis after price/mcap performance
• The token designs and tricks they use for distributing revenues are often quite different, so we definitely need one metric that covers it all
Cheers,
Vasily
https://x.com/valueverse_ai/status/2094496135486525888
It's exciting that "Revenue Meta" is not a meta anymore.
It's a mainstream today.
We collected some thoughts on "price per unit of revenue" metric that we develop:
• Price/mcap is not enough to compare projects with revenue
• The "price per unit of revenue" is the second metric for asset analysis after price/mcap performance
• The token designs and tricks they use for distributing revenues are often quite different, so we definitely need one metric that covers it all
Cheers,
Vasily
https://x.com/valueverse_ai/status/2094496135486525888
X (formerly Twitter)
Valueverse (@valueverse_ai) on X
Token Revenue Has Gone Mainstream
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Dropped some personal opinion regarding tokens offering revenues on Robinhood
https://x.com/vasily_sumanov/status/2095952532287955238
Checked more than 50 assets, however quality of projects and tokens is really low at average
https://x.com/vasily_sumanov/status/2095952532287955238
Checked more than 50 assets, however quality of projects and tokens is really low at average
X (formerly Twitter)
Vasily Sumanov (@vasily_sumanov) on X
Only few tokens are investable on @RobinhoodCrypto
There are >50 so-called "utility tokens" that state that they have revenues.
However, for many of them it's not true or metrics are really wea…
There are >50 so-called "utility tokens" that state that they have revenues.
However, for many of them it's not true or metrics are really wea…
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Valueverse
Dropped some personal opinion regarding tokens offering revenues on Robinhood https://x.com/vasily_sumanov/status/2095952532287955238 Checked more than 50 assets, however quality of projects and tokens is really low at average
The price action of these assets 100% followed quality of value accrual (or simply, the results of our analysis).
Those that have real & sustainable value accrual are up or hold, others are down (dumped)
Those that have real & sustainable value accrual are up or hold, others are down (dumped)
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Media is too big
VIEW IN TELEGRAM
Valueverse v2 Sneak Peek
Every token has three core valuation metrics:
• Base P/FCF -> what a holder earns simply by owning the token; passive revenue streams only.
• Max P/FCF -> what a holder can earn by using the token’s full utility: staking, ve-locks, and every other available revenue stream.
• Aggregate Return -> the share of market cap returned to holders annually as cash flow, across all available revenue streams.
+ revenue streams, supply details, and many more.
Holders Revenue 7D, 30D is important.
But real valuation starts with P/FCF.
Base. Aggregate. Max.
Every token has three core valuation metrics:
• Base P/FCF -> what a holder earns simply by owning the token; passive revenue streams only.
• Max P/FCF -> what a holder can earn by using the token’s full utility: staking, ve-locks, and every other available revenue stream.
• Aggregate Return -> the share of market cap returned to holders annually as cash flow, across all available revenue streams.
+ revenue streams, supply details, and many more.
Holders Revenue 7D, 30D is important.
But real valuation starts with P/FCF.
Base. Aggregate. Max.
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As you might see, we have a plenty updates for now.
Closed Valueverse v2 Beta already has 21 tokens and it's only the second batch.
If you want to get access and explore -> write in the chat and we will help you
Closed Valueverse v2 Beta already has 21 tokens and it's only the second batch.
If you want to get access and explore -> write in the chat and we will help you
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Enjoying alt season ?
If you have been trusting in revenues you should be happier than before
If you have been trusting in revenues you should be happier than before
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Btw there is quite interesting Defi revenue podcast right not https://x.com/i/spaces/1mGPaZmDWgdJN where Valueverse team participates, specifically Vasily
X (formerly Twitter)
Happening now: Which DeFi Protocols Generate Real Revenue? / X
Wenaltseason?'s Space · 611 listening · Where live audio conversations happen
An example how you can get instant value from app.valueverse.ai even without loggin in.
If you saw that $PENDLE buybacks x8 more than emission, here is some clarification:
• $PENDLE buybacks are distributed to sPENDLE and vePENDLE as rewards, so it's a way to distribute revenue to holders.
• Buybacks doesn't remove PENDLE from circulation forever.
• The majority of revenue is received by vePENDLE (~$16m/year), not sPENLDE (~$1.2m/year at current rate)
https://x.com/valueverse_ai/status/2104885930276397174
If you saw that $PENDLE buybacks x8 more than emission, here is some clarification:
• $PENDLE buybacks are distributed to sPENDLE and vePENDLE as rewards, so it's a way to distribute revenue to holders.
• Buybacks doesn't remove PENDLE from circulation forever.
• The majority of revenue is received by vePENDLE (~$16m/year), not sPENLDE (~$1.2m/year at current rate)
https://x.com/valueverse_ai/status/2104885930276397174
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State of $UNI is quite clear now.
Not only "revenue grows", it's evident.
The direct comparison of revenue growth vs. price growth shows that $UNI definitely has a room to grow further.
The question is if Robinhood revenue will be sustainable in the future (or not).
See yourself:
- 15 Aug: $3.25 price, 52x P/FCFt 30D
- Recently (27 sep): $9.8 price (3x growth since 15th aug), 28.9x P/FCFt 30D
- Revenue: $4.6m 30d prior 15th aug, $25m 27 sep, >5x rev growth.
It's truly ATL for $UNI's revenue pricing (not token price, but revenue pricing; it's a totally different metric).
Annualized revenue now is as high as $159m.
NFA, just stats. As usual.
Not only "revenue grows", it's evident.
The direct comparison of revenue growth vs. price growth shows that $UNI definitely has a room to grow further.
The question is if Robinhood revenue will be sustainable in the future (or not).
See yourself:
- 15 Aug: $3.25 price, 52x P/FCFt 30D
- Recently (27 sep): $9.8 price (3x growth since 15th aug), 28.9x P/FCFt 30D
- Revenue: $4.6m 30d prior 15th aug, $25m 27 sep, >5x rev growth.
It's truly ATL for $UNI's revenue pricing (not token price, but revenue pricing; it's a totally different metric).
Annualized revenue now is as high as $159m.
NFA, just stats. As usual.
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