peer valuation difference
The valuation multiple differs materially from the eligible peer median
Current streak: 4 snapshots · triggered 5/6 observed snapshots
believe · coingecko:ben-pasternak
The valuation multiple differs materially from the eligible peer median
Current streak: 4 snapshots · triggered 5/6 observed snapshots
| Metric | Period | Value | Observed |
|---|---|---|---|
| fees | 24h | $5.80 | 2026-10-18T04:35:58.074Z |
| fees | 30d | $487.48 | 2026-10-18T04:35:58.074Z |
| fees | 7d | $6.65 | 2026-10-18T04:35:58.074Z |
| holders revenue | 24h | $0.00 | 2026-10-18T04:36:12.168Z |
| holders revenue | 30d | $0.00 | 2026-10-18T04:36:12.168Z |
| holders revenue | 7d | $0.00 | 2026-10-18T04:36:12.168Z |
| revenue | 24h | $5.71 | 2026-10-18T04:36:00.033Z |
| revenue | 30d | $470.90 | 2026-10-18T04:36:00.033Z |
| revenue | 7d | $6.55 | 2026-10-18T04:36:00.033Z |
| Metric | Window | Change | Boundary |
|---|---|---|---|
| fees usd:24h | 7d | 29.18% | 2026-10-11T04:49:24.915Z → 2026-10-18T04:35:58.074Z |
| fees usd:30d | 7d | -9.16% | 2026-10-11T04:49:24.915Z → 2026-10-18T04:35:58.074Z |
| fees usd:7d | 7d | -22.58% | 2026-10-11T04:49:24.915Z → 2026-10-18T04:35:58.074Z |
| market cap usd:point in time | 7d | 1.19% | 2026-10-11T03:34:57.000Z → 2026-10-18T03:26:57.000Z |
| revenue usd:24h | 7d | 27.17% | 2026-10-11T04:49:28.176Z → 2026-10-18T04:36:00.033Z |
| revenue usd:30d | 7d | -9.43% | 2026-10-11T04:49:28.176Z → 2026-10-18T04:36:00.033Z |
| revenue usd:7d | 7d | -23.66% | 2026-10-11T04:49:28.176Z → 2026-10-18T04:36:00.033Z |
Generate or open a cached AI research brief constrained to this dossier's stored evidence, calculations, and limitations.
Open AI research briefInsufficient actual 30-day revenue or market-cap history
Limits: No observation within 2 days of the 30-day boundary · No observation within 2 days of the 30-day boundary
{
"inputs": {},
"calculation": null,
"evaluatedAt": "2026-10-18T04:35:46.584Z"
}Insufficient actual 30-day activity or market-cap history
{
"inputs": {},
"calculation": null,
"evaluatedAt": "2026-10-18T04:35:46.584Z"
}No observations
Limits: Requires holders revenue and fees at both boundaries
{
"inputs": {},
"calculation": null,
"evaluatedAt": "2026-10-18T04:35:46.584Z"
}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": 2661721,
"latestRevenue": 5.71,
"peerMedian": 39.57062354650812
},
"calculation": {
"annualizedRevenueMultiple": 1277.1254468248446,
"peerMultipleRatio": 32.274584840034535
},
"evaluatedAt": "2026-10-18T04:35:46.584Z"
}Insufficient actual 30-day fundamental history
{
"inputs": {},
"calculation": null,
"evaluatedAt": "2026-10-18T04:35:46.584Z"
}Eligible, but dilution threshold was not met
Limits: Supply fields are provider-reported and do not describe unlock timing
{
"inputs": {
"circulatingSupply": 1279989495.8690586,
"totalSupply": 1279989495.8690586
},
"calculation": {
"totalToCirculatingRatio": 1
},
"evaluatedAt": "2026-10-18T04:35:46.584Z"
}No provider identity conflict detected
{
"inputs": {
"identityConflict": false
},
"calculation": null,
"evaluatedAt": "2026-10-18T04:35:46.584Z"
}[
{
"assetId": "coingecko:ben-pasternak",
"kind": "sector",
"value": "other",
"status": "classified",
"reason": "Canonical mapping from DeFiLlama category Launchpad",
"sourceProvider": "defillama",
"sourceRecord": "6159",
"observedAt": "2026-10-18T04:35:46.584Z"
},
{
"assetId": "coingecko:ben-pasternak",
"kind": "asset_type",
"value": "protocol_token",
"status": "classified",
"reason": "Canonical type mapping from DeFiLlama category Launchpad",
"sourceProvider": "defillama",
"sourceRecord": "6159",
"observedAt": "2026-10-18T04:35:46.584Z"
}
][
{
"assetId": "coingecko:ben-pasternak",
"protocolId": "6159",
"protocolSlug": "launch-coin-on-believe",
"method": "gecko_id",
"evidence": "DeFiLlama gecko_id=ben-pasternak",
"status": "verified_provider_relationship"
}
][
{
"assetId": "coingecko:ben-pasternak",
"observedAt": "2026-10-18T04:35:46.584Z",
"status": "analyzable",
"method": "global",
"reason": "At least one deterministic screening method is eligible"
},
{
"assetId": "coingecko:ben-pasternak",
"observedAt": "2026-10-18T04:35:46.584Z",
"status": "insufficient_historical_data",
"method": "global",
"reason": "One or more historical methods lack actual boundary observations"
},
{
"assetId": "coingecko:ben-pasternak",
"observedAt": "2026-10-18T04:35:46.584Z",
"status": "excluded_from_method",
"method": "revenue_growth_declining_multiple",
"reason": "Insufficient actual 30-day revenue or market-cap history"
},
{
"assetId": "coingecko:ben-pasternak",
"observedAt": "2026-10-18T04:35:46.584Z",
"status": "excluded_from_method",
"method": "activity_growth_stagnant_market_cap",
"reason": "Insufficient actual 30-day activity or market-cap history"
},
{
"assetId": "coingecko:ben-pasternak",
"observedAt": "2026-10-18T04:35:46.584Z",
"status": "excluded_from_method",
"method": "improving_tokenholder_value_capture",
"reason": "No observations"
},
{
"assetId": "coingecko:ben-pasternak",
"observedAt": "2026-10-18T04:35:46.584Z",
"status": "excluded_from_method",
"method": "fundamental_deterioration",
"reason": "Insufficient actual 30-day fundamental history"
},
{
"assetId": "coingecko:ben-pasternak",
"observedAt": "2026-10-18T04:35:46.584Z",
"status": "requires_manual_investigation",
"method": "global",
"reason": "At least one deterministic research signal triggered"
}
][]
[
{
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"metric": "fees_usd",
"period": "24h",
"observedAt": "2026-09-22T21:51:32.324Z",
"value": 3.21,
"unit": "USD",
"definition": "Trading fees paid by users.",
"sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyFees",
"methodology": {
"Fees": "Trading fees paid by users.",
"Revenue": "Fees collected by Believe protocol.",
"ProtocolRevenue": "Fees collected by Believe protocol.",
"SupplySideRevenue": "Fees collected by referrals."
}
},
{
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"value": 39.050000000000004,
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"sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyFees",
"methodology": {
"Fees": "Trading fees paid by users.",
"Revenue": "Fees collected by Believe protocol.",
"ProtocolRevenue": "Fees collected by Believe protocol.",
"SupplySideRevenue": "Fees collected by referrals."
}
},
{
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"period": "30d",
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"value": 215.28,
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},
{
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"value": 3.21,
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}
},
{
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"value": 37.79,
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},
{
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},
{
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"value": 0,
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"definition": "DeFiLlama holders_revenue_usd; definition is protocol-adapter specific and was not supplied",
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{
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},
{
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},
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{
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{
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}
},
{
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{
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}
},
{
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}
},
{
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}
},
{
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}
},
{
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}
},
{
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