peer valuation difference
The valuation multiple differs materially from the eligible peer median
Current streak: 5 snapshots · triggered 5/5 observed snapshots
aave · coingecko:aave
The valuation multiple differs materially from the eligible peer median
Current streak: 5 snapshots · triggered 5/5 observed snapshots
At least one available fundamental deteriorated beyond the configured threshold
Current streak: 1 snapshot · triggered 3/5 observed snapshots
| Metric | Period | Value | Observed |
|---|---|---|---|
| fees | 24h | $1,326.00 | 2026-10-11T04:49:24.915Z |
| fees | 30d | $151,852.00 | 2026-10-11T04:49:24.915Z |
| fees | 7d | $34,038.00 | 2026-10-11T04:49:24.915Z |
| fees | daily | $7,346.00 | 2026-09-27T00:00:00.000Z |
| holders revenue | 24h | $0.00 | 2026-10-11T04:49:36.133Z |
| holders revenue | 30d | $0.00 | 2026-10-11T04:49:36.133Z |
| holders revenue | 7d | $0.00 | 2026-10-11T04:49:36.133Z |
| holders revenue | daily | $0.00 | 2026-09-27T00:00:00.000Z |
| revenue | 24h | $1,279.00 | 2026-10-11T04:49:28.176Z |
| revenue | 30d | $135,086.00 | 2026-10-11T04:49:28.176Z |
| revenue | 7d | $30,169.00 | 2026-10-11T04:49:28.176Z |
| revenue | daily | $6,467.00 | 2026-09-27T00:00:00.000Z |
| tvl | point in time | $255.8M | 2026-10-11T04:49:10.103Z |
| Metric | Window | Change | Boundary |
|---|---|---|---|
| fees usd:daily | 7d | 253.17% | 2026-09-20T00:00:00.000Z → 2026-09-27T00:00:00.000Z |
| market cap usd:point in time | 7d | -7.82% | 2026-10-04T03:18:30.000Z → 2026-10-11T03:26:51.000Z |
| revenue usd:daily | 7d | 234.56% | 2026-09-20T00:00:00.000Z → 2026-09-27T00:00:00.000Z |
| fees usd:daily | 30d | 29.81% | 2026-08-28T00:00:00.000Z → 2026-09-27T00:00:00.000Z |
| market cap usd:point in time | 30d | 39.39% | 2026-09-11T00:00:00.000Z → 2026-10-11T03:26:51.000Z |
| revenue usd:daily | 30d | 29.37% | 2026-08-28T00:00:00.000Z → 2026-09-27T00:00:00.000Z |
| tvl usd:point in time | 30d | 0.02% | 2026-09-11T00:00:00.000Z → 2026-10-11T04:49:10.103Z |
| fees usd:daily | 90d | 73.79% | 2026-06-29T00:00:00.000Z → 2026-09-27T00:00:00.000Z |
| market cap usd:point in time | 90d | 67.30% | 2026-07-13T00:00:00.000Z → 2026-10-11T03:26:51.000Z |
| revenue usd:daily | 90d | 71.22% | 2026-06-29T00:00:00.000Z → 2026-09-27T00:00:00.000Z |
| tvl usd:point in time | 90d | 19.44% | 2026-07-13T00:00:00.000Z → 2026-10-11T04:49:10.103Z |
| fees usd:daily | 180d | 62.88% | 2026-03-31T00:00:00.000Z → 2026-09-27T00:00:00.000Z |
| market cap usd:point in time | 180d | 64.70% | 2026-04-14T00:00:00.000Z → 2026-10-11T03:26:51.000Z |
| revenue usd:daily | 180d | 56.40% | 2026-03-31T00:00:00.000Z → 2026-09-27T00:00:00.000Z |
| tvl usd:point in time | 180d | -7.10% | 2026-04-14T00:00:00.000Z → 2026-10-11T04:49:10.103Z |
Generate or open a cached AI research brief constrained to this dossier's stored evidence, calculations, and limitations.
Open AI research briefEligible, but configured thresholds were not jointly met
Limits: Revenue multiple uses 24-hour revenue annualized consistently at both endpoints
{
"inputs": {
"revenue": {
"status": "calculated",
"windowDays": 30,
"start": {
"id": "a1e3b808-f124-4b07-aba4-062c51a11c70:111:revenue:1789084800",
"at": "2026-09-11T00:00:00.000Z",
"value": 3855
},
"end": {
"id": "5fde7da8-3c37-4879-8995-06f079ce2348:15147",
"at": "2026-10-11T04:49:28.176Z",
"value": 1279
},
"percent": -66.82230869001296,
"definition": "(end - start) / abs(start) * 100 over 30 days"
},
"marketCap": {
"status": "calculated",
"windowDays": 30,
"start": {
"id": "a1e3b808-f124-4b07-aba4-062c51a11c70:coingecko:aave:1789084800000",
"at": "2026-09-11T00:00:00.000Z",
"value": 1860992803.9526658
},
"end": {
"id": "ea5e0bde-a4b1-4259-ae6c-448457ec97b0",
"at": "2026-10-11T03:26:51.000Z",
"value": 2593946325
},
"percent": 39.38508088212773,
"definition": "(end - start) / abs(start) * 100 over 30 days"
}
},
"calculation": {
"startMultiple": 482747.8090668394,
"endMultiple": 2028105.023455825,
"multipleChange": 320.1168778738096
},
"evaluatedAt": "2026-10-11T04:49:10.103Z"
}Eligible, but configured thresholds were not jointly met
{
"inputs": {
"activity": {
"metric": "fees_usd",
"result": {
"status": "calculated",
"windowDays": 30,
"start": {
"id": "a1e3b808-f124-4b07-aba4-062c51a11c70:111:fees:1789084800",
"at": "2026-09-11T00:00:00.000Z",
"value": 4349
},
"end": {
"id": "5fde7da8-3c37-4879-8995-06f079ce2348:7253",
"at": "2026-10-11T04:49:24.915Z",
"value": 1326
},
"percent": -69.51023223729594,
"definition": "(end - start) / abs(start) * 100 over 30 days"
}
},
"marketCap": {
"status": "calculated",
"windowDays": 30,
"start": {
"id": "a1e3b808-f124-4b07-aba4-062c51a11c70:coingecko:aave:1789084800000",
"at": "2026-09-11T00:00:00.000Z",
"value": 1860992803.9526658
},
"end": {
"id": "ea5e0bde-a4b1-4259-ae6c-448457ec97b0",
"at": "2026-10-11T03:26:51.000Z",
"value": 2593946325
},
"percent": 39.38508088212773,
"definition": "(end - start) / abs(start) * 100 over 30 days"
}
},
"calculation": {
"activityChangePercent": -69.51023223729594,
"marketCapChangePercent": 39.38508088212773
},
"evaluatedAt": "2026-10-11T04:49:10.103Z"
}Starting value is zero; percentage change is undefined
Limits: Requires holders revenue and fees at both boundaries
{
"inputs": {},
"calculation": null,
"evaluatedAt": "2026-10-11T04:49:10.103Z"
}The valuation multiple differs materially from the eligible peer median
Limits: A difference is not evidence of mispricing; protocol economics may not be comparable
{
"inputs": {
"currentCap": 2593946325,
"latestRevenue": 1279,
"peerMedian": 38.94632991802476
},
"calculation": {
"annualizedRevenueMultiple": 5556.452119057054,
"peerMultipleRatio": 142.6694666930727
},
"evaluatedAt": "2026-10-11T04:49:10.103Z"
}At least one available fundamental deteriorated beyond the configured threshold
{
"inputs": {
"fees": {
"status": "calculated",
"windowDays": 30,
"start": {
"id": "a1e3b808-f124-4b07-aba4-062c51a11c70:111:fees:1789084800",
"at": "2026-09-11T00:00:00.000Z",
"value": 4349
},
"end": {
"id": "5fde7da8-3c37-4879-8995-06f079ce2348:7253",
"at": "2026-10-11T04:49:24.915Z",
"value": 1326
},
"percent": -69.51023223729594,
"definition": "(end - start) / abs(start) * 100 over 30 days"
},
"revenue": {
"status": "calculated",
"windowDays": 30,
"start": {
"id": "a1e3b808-f124-4b07-aba4-062c51a11c70:111:revenue:1789084800",
"at": "2026-09-11T00:00:00.000Z",
"value": 3855
},
"end": {
"id": "5fde7da8-3c37-4879-8995-06f079ce2348:15147",
"at": "2026-10-11T04:49:28.176Z",
"value": 1279
},
"percent": -66.82230869001296,
"definition": "(end - start) / abs(start) * 100 over 30 days"
},
"tvl": {
"status": "calculated",
"windowDays": 30,
"start": {
"id": "a1e3b808-f124-4b07-aba4-062c51a11c70:111:tvl:1789084800+a1e3b808-f124-4b07-aba4-062c51a11c70:1838:tvl:1789084800+a1e3b808-f124-4b07-aba4-062c51a11c70:1839:tvl:1789084800+a1e3b808-f124-4b07-aba4-062c51a11c70:7106:tvl:1789084800",
"at": "2026-09-11T00:00:00.000Z",
"value": 373037446
},
"end": {
"id": "5fde7da8-3c37-4879-8995-06f079ce2348:146+5fde7da8-3c37-4879-8995-06f079ce2348:242+5fde7da8-3c37-4879-8995-06f079ce2348:2698+5fde7da8-3c37-4879-8995-06f079ce2348:720",
"at": "2026-10-11T04:49:10.103Z",
"value": 373129837.6028505
},
"percent": 0.024767380283451962,
"definition": "(end - start) / abs(start) * 100 over 30 days"
}
},
"calculation": {
"worstChangePercent": -69.51023223729594
},
"evaluatedAt": "2026-10-11T04:49:10.103Z"
}Eligible, but dilution threshold was not met
Limits: Supply fields are provider-reported and do not describe unlock timing
{
"inputs": {
"circulatingSupply": 15435689.019221136,
"totalSupply": 16000000
},
"calculation": {
"totalToCirculatingRatio": 1.0365588461957325
},
"evaluatedAt": "2026-10-11T04:49:10.103Z"
}No provider identity conflict detected
{
"inputs": {
"identityConflict": false
},
"calculation": null,
"evaluatedAt": "2026-10-11T04:49:10.103Z"
}[
{
"assetId": "coingecko:aave",
"kind": "sector",
"value": "lending_borrowing",
"status": "classified",
"reason": "Canonical mapping from DeFiLlama category Lending",
"sourceProvider": "defillama",
"sourceRecord": "1839",
"observedAt": "2026-10-11T04:49:10.103Z"
},
{
"assetId": "coingecko:aave",
"kind": "asset_type",
"value": "protocol_token",
"status": "classified",
"reason": "Canonical type mapping from DeFiLlama category Lending",
"sourceProvider": "defillama",
"sourceRecord": "1839",
"observedAt": "2026-10-11T04:49:10.103Z"
}
][
{
"assetId": "coingecko:aave",
"protocolId": "7106",
"protocolSlug": "aave-horizon-rwa",
"method": "chain_contract",
"evidence": "DeFiLlama address=0x7fc66500c84a76ad7e9c93437bfc5ac33e2ddae9; CoinGecko platforms.ethereum=0x7fc66500c84a76ad7e9c93437bfc5ac33e2ddae9",
"status": "verified_provider_relationship"
},
{
"assetId": "coingecko:aave",
"protocolId": "111",
"protocolSlug": "aave-v2",
"method": "gecko_id",
"evidence": "DeFiLlama gecko_id=aave",
"status": "verified_provider_relationship"
},
{
"assetId": "coingecko:aave",
"protocolId": "1838",
"protocolSlug": "aave-v1",
"method": "chain_contract",
"evidence": "DeFiLlama address=0x7fc66500c84a76ad7e9c93437bfc5ac33e2ddae9; CoinGecko platforms.ethereum=0x7fc66500c84a76ad7e9c93437bfc5ac33e2ddae9",
"status": "verified_provider_relationship"
},
{
"assetId": "coingecko:aave",
"protocolId": "1839",
"protocolSlug": "aave-arc",
"method": "chain_contract",
"evidence": "DeFiLlama address=0x7fc66500c84a76ad7e9c93437bfc5ac33e2ddae9; CoinGecko platforms.ethereum=0x7fc66500c84a76ad7e9c93437bfc5ac33e2ddae9",
"status": "verified_provider_relationship"
}
][
{
"assetId": "coingecko:aave",
"observedAt": "2026-10-11T04:49:10.103Z",
"status": "analyzable",
"method": "global",
"reason": "At least one deterministic screening method is eligible"
},
{
"assetId": "coingecko:aave",
"observedAt": "2026-10-11T04:49:10.103Z",
"status": "excluded_from_method",
"method": "improving_tokenholder_value_capture",
"reason": "Starting value is zero; percentage change is undefined"
},
{
"assetId": "coingecko:aave",
"observedAt": "2026-10-11T04:49:10.103Z",
"status": "requires_manual_investigation",
"method": "global",
"reason": "At least one deterministic research signal triggered"
}
][]
[
{
"id": "28ba3c2c-c546-48fa-b174-122aa3718807:149",
"protocolId": "7106",
"metric": "tvl_usd",
"period": "point_in_time",
"observedAt": "2026-09-22T21:51:30.762Z",
"value": 262928491.08428124,
"unit": "USD",
"definition": "DeFiLlama protocol TVL at collection time",
"sourceUrl": "https://api.llama.fi/protocols",
"methodology": null
},
{
"id": "643a86d5-0f73-414c-92e0-793343ff7d6c:147",
"protocolId": "7106",
"metric": "tvl_usd",
"period": "point_in_time",
"observedAt": "2026-09-24T00:45:17.400Z",
"value": 263126524.26075143,
"unit": "USD",
"definition": "DeFiLlama protocol TVL at collection time",
"sourceUrl": "https://api.llama.fi/protocols",
"methodology": null
},
{
"id": "c9ebdfa7-8140-48de-9184-9cab30c2f5a7:149",
"protocolId": "7106",
"metric": "tvl_usd",
"period": "point_in_time",
"observedAt": "2026-09-28T02:01:00.253Z",
"value": 267044770.71809387,
"unit": "USD",
"definition": "DeFiLlama protocol TVL at collection time",
"sourceUrl": "https://api.llama.fi/protocols",
"methodology": null
},
{
"id": "a37eade5-b5bd-4300-8bbc-62904da0a3f6:151",
"protocolId": "7106",
"metric": "tvl_usd",
"period": "point_in_time",
"observedAt": "2026-10-06T16:53:29.731Z",
"value": 257031298.61285144,
"unit": "USD",
"definition": "DeFiLlama protocol TVL at collection time",
"sourceUrl": "https://api.llama.fi/protocols",
"methodology": null
},
{
"id": "a1e3b808-f124-4b07-aba4-062c51a11c70:7106:tvl:1762560000",
"protocolId": "7106",
"metric": "tvl_usd",
"period": "point_in_time",
"observedAt": "2025-11-08T00:00:00.000Z",
"value": 365255857,
"unit": "USD",
"definition": "DeFiLlama historical tvl; adapter methodology was not supplied",
"sourceUrl": "https://api.llama.fi/protocol/aave-horizon-rwa",
"methodology": null
},
{
"id": "a1e3b808-f124-4b07-aba4-062c51a11c70:7106:tvl:1764201600",
"protocolId": "7106",
"metric": "tvl_usd",
"period": "point_in_time",
"observedAt": "2025-11-27T00:00:00.000Z",
"value": 395392753,
"unit": "USD",
"definition": "DeFiLlama historical tvl; adapter methodology was not supplied",
"sourceUrl": "https://api.llama.fi/protocol/aave-horizon-rwa",
"methodology": null
},
{
"id": "a1e3b808-f124-4b07-aba4-062c51a11c70:7106:tvl:1764633600",
"protocolId": "7106",
"metric": "tvl_usd",
"period": "point_in_time",
"observedAt": "2025-12-02T00:00:00.000Z",
"value": 394030665,
"unit": "USD",
"definition": "DeFiLlama historical tvl; adapter methodology was not supplied",
"sourceUrl": "https://api.llama.fi/protocol/aave-horizon-rwa",
"methodology": null
},
{
"id": "a1e3b808-f124-4b07-aba4-062c51a11c70:7106:tvl:1765756800",
"protocolId": "7106",
"metric": "tvl_usd",
"period": "point_in_time",
"observedAt": "2025-12-15T00:00:00.000Z",
"value": 376203525,
"unit": "USD",
"definition": "DeFiLlama historical tvl; adapter methodology was not supplied",
"sourceUrl": "https://api.llama.fi/protocol/aave-horizon-rwa",
"methodology": null
},
{
"id": "a1e3b808-f124-4b07-aba4-062c51a11c70:7106:tvl:1768089600",
"protocolId": "7106",
"metric": "tvl_usd",
"period": "point_in_time",
"observedAt": "2026-01-11T00:00:00.000Z",
"value": 419816033,
"unit": "USD",
"definition": "DeFiLlama historical tvl; adapter methodology was not supplied",
"sourceUrl": "https://api.llama.fi/protocol/aave-horizon-rwa",
"methodology": null
},
{
"id": "a1e3b808-f124-4b07-aba4-062c51a11c70:7106:tvl:1768953600",
"protocolId": "7106",
"metric": "tvl_usd",
"period": "point_in_time",
"observedAt": "2026-01-21T00:00:00.000Z",
"value": 402523490,
"unit": "USD",
"definition": "DeFiLlama historical tvl; adapter methodology was not supplied",
"sourceUrl": "https://api.llama.fi/protocol/aave-horizon-rwa",
"methodology": null
},
{
"id": "a1e3b808-f124-4b07-aba4-062c51a11c70:7106:tvl:1770163200",
"protocolId": "7106",
"metric": "tvl_usd",
"period": "point_in_time",
"observedAt": "2026-02-04T00:00:00.000Z",
"value": 385318222,
"unit": "USD",
"definition": "DeFiLlama historical tvl; adapter methodology was not supplied",
"sourceUrl": "https://api.llama.fi/protocol/aave-horizon-rwa",
"methodology": null
},
{
"id": "a1e3b808-f124-4b07-aba4-062c51a11c70:7106:tvl:1773014400",
"protocolId": "7106",
"metric": "tvl_usd",
"period": "point_in_time",
"observedAt": "2026-03-09T00:00:00.000Z",
"value": 312326271,
"unit": "USD",
"definition": "DeFiLlama historical tvl; adapter methodology was not supplied",
"sourceUrl": "https://api.llama.fi/protocol/aave-horizon-rwa",
"methodology": null
},
{
"id": "a1e3b808-f124-4b07-aba4-062c51a11c70:7106:tvl:1775520000",
"protocolId": "7106",
"metric": "tvl_usd",
"period": "point_in_time",
"observedAt": "2026-04-07T00:00:00.000Z",
"value": 244062022,
"unit": "USD",
"definition": "DeFiLlama historical tvl; adapter methodology was not supplied",
"sourceUrl": "https://api.llama.fi/protocol/aave-horizon-rwa",
"methodology": null
},
{
"id": "a1e3b808-f124-4b07-aba4-062c51a11c70:7106:tvl:1775692800",
"protocolId": "7106",
"metric": "tvl_usd",
"period": "point_in_time",
"observedAt": "2026-04-09T00:00:00.000Z",
"value": 252675637,
"unit": "USD",
"definition": "DeFiLlama historical tvl; adapter methodology was not supplied",
"sourceUrl": "https://api.llama.fi/protocol/aave-horizon-rwa",
"methodology": null
},
{
"id": "a1e3b808-f124-4b07-aba4-062c51a11c70:7106:tvl:1775865600",
"protocolId": "7106",
"metric": "tvl_usd",
"period": "point_in_time",
"observedAt": "2026-04-11T00:00:00.000Z",
"value": 253295726,
"unit": "USD",
"definition": "DeFiLlama historical tvl; adapter methodology was not supplied",
"sourceUrl": "https://api.llama.fi/protocol/aave-horizon-rwa",
"methodology": null
},
{
"id": "a1e3b808-f124-4b07-aba4-062c51a11c70:7106:tvl:1775952000",
"protocolId": "7106",
"metric": "tvl_usd",
"period": "point_in_time",
"observedAt": "2026-04-12T00:00:00.000Z",
"value": 253287017,
"unit": "USD",
"definition": "DeFiLlama historical tvl; adapter methodology was not supplied",
"sourceUrl": "https://api.llama.fi/protocol/aave-horizon-rwa",
"methodology": null
},
{
"id": "a1e3b808-f124-4b07-aba4-062c51a11c70:7106:tvl:1778630400",
"protocolId": "7106",
"metric": "tvl_usd",
"period": "point_in_time",
"observedAt": "2026-05-13T00:00:00.000Z",
"value": 346845337,
"unit": "USD",
"definition": "DeFiLlama historical tvl; adapter methodology was not supplied",
"sourceUrl": "https://api.llama.fi/protocol/aave-horizon-rwa",
"methodology": null
},
{
"id": "a1e3b808-f124-4b07-aba4-062c51a11c70:7106:tvl:1780876800",
"protocolId": "7106",
"metric": "tvl_usd",
"period": "point_in_time",
"observedAt": "2026-06-08T00:00:00.000Z",
"value": 294979326,
"unit": "USD",
"definition": "DeFiLlama historical tvl; adapter methodology was not supplied",
"sourceUrl": "https://api.llama.fi/protocol/aave-horizon-rwa",
"methodology": null
},
{
"id": "a1e3b808-f124-4b07-aba4-062c51a11c70:7106:tvl:1781222400",
"protocolId": "7106",
"metric": "tvl_usd",
"period": "point_in_time",
"observedAt": "2026-06-12T00:00:00.000Z",
"value": 300146985,
"unit": "USD",
"definition": "DeFiLlama historical tvl; adapter methodology was not supplied",
"sourceUrl": "https://api.llama.fi/protocol/aave-horizon-rwa",
"methodology": null
},
{
"id": "a1e3b808-f124-4b07-aba4-062c51a11c70:7106:tvl:1782604800",
"protocolId": "7106",
"metric": "tvl_usd",
"period": "point_in_time",
"observedAt": "2026-06-28T00:00:00.000Z",
"value": 294307126,
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},
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},
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