peer valuation difference
The valuation multiple differs materially from the eligible peer median
Current streak: 2 snapshots · triggered 3/6 observed snapshots
mln · coingecko:melon
The valuation multiple differs materially from the eligible peer median
Current streak: 2 snapshots · triggered 3/6 observed snapshots
| Metric | Period | Value | Observed |
|---|---|---|---|
| fees | 24h | $47.00 | 2026-10-18T04:35:58.074Z |
| fees | 30d | $22,330.28 | 2026-10-18T04:35:58.074Z |
| fees | 7d | $2,025.00 | 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 | $46.00 | 2026-10-18T04:36:00.033Z |
| revenue | 30d | $22,330.28 | 2026-10-18T04:36:00.033Z |
| revenue | 7d | $2,025.00 | 2026-10-18T04:36:00.033Z |
| tvl | point in time | $95.53M | 2026-10-18T04:35:46.584Z |
| Metric | Window | Change | Boundary |
|---|---|---|---|
| fees usd:24h | 7d | -36.49% | 2026-10-11T04:49:24.915Z → 2026-10-18T04:35:58.074Z |
| fees usd:30d | 7d | -0.76% | 2026-10-11T04:49:24.915Z → 2026-10-18T04:35:58.074Z |
| fees usd:7d | 7d | 163.33% | 2026-10-11T04:49:24.915Z → 2026-10-18T04:35:58.074Z |
| market cap usd:point in time | 7d | 3.02% | 2026-10-11T04:09:56.000Z → 2026-10-18T04:03:50.000Z |
| revenue usd:24h | 7d | -37.84% | 2026-10-11T04:49:28.176Z → 2026-10-18T04:36:00.033Z |
| revenue usd:30d | 7d | -0.76% | 2026-10-11T04:49:28.176Z → 2026-10-18T04:36:00.033Z |
| revenue usd:7d | 7d | 163.33% | 2026-10-11T04:49:28.176Z → 2026-10-18T04:36:00.033Z |
| tvl usd:point in time | 7d | -1.95% | 2026-10-11T04:49:10.103Z → 2026-10-18T04:35:46.584Z |
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": 4758821,
"latestRevenue": 46,
"peerMedian": 39.57062354650812
},
"calculation": {
"annualizedRevenueMultiple": 283.4318642048839,
"peerMultipleRatio": 7.162683799302806
},
"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": 3276739.138522808,
"totalSupply": 3276739.138522808
},
"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:melon",
"kind": "sector",
"value": "other",
"status": "classified",
"reason": "Canonical mapping from DeFiLlama category Indexes",
"sourceProvider": "defillama",
"sourceRecord": "225",
"observedAt": "2026-10-18T04:35:46.584Z"
},
{
"assetId": "coingecko:melon",
"kind": "asset_type",
"value": "protocol_token",
"status": "classified",
"reason": "Canonical type mapping from DeFiLlama category Indexes",
"sourceProvider": "defillama",
"sourceRecord": "225",
"observedAt": "2026-10-18T04:35:46.584Z"
}
][
{
"assetId": "coingecko:melon",
"protocolId": "225",
"protocolSlug": "enzyme-finance",
"method": "gecko_id",
"evidence": "DeFiLlama gecko_id=melon",
"status": "verified_provider_relationship"
}
][
{
"assetId": "coingecko:melon",
"observedAt": "2026-10-18T04:35:46.584Z",
"status": "analyzable",
"method": "global",
"reason": "At least one deterministic screening method is eligible"
},
{
"assetId": "coingecko:melon",
"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:melon",
"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:melon",
"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:melon",
"observedAt": "2026-10-18T04:35:46.584Z",
"status": "excluded_from_method",
"method": "improving_tokenholder_value_capture",
"reason": "No observations"
},
{
"assetId": "coingecko:melon",
"observedAt": "2026-10-18T04:35:46.584Z",
"status": "excluded_from_method",
"method": "fundamental_deterioration",
"reason": "Insufficient actual 30-day fundamental history"
},
{
"assetId": "coingecko:melon",
"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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"period": "point_in_time",
"observedAt": "2026-09-22T21:51:30.762Z",
"value": 100607501.24879518,
"unit": "USD",
"definition": "DeFiLlama protocol TVL at collection time",
"sourceUrl": "https://api.llama.fi/protocols",
"methodology": null
},
{
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"protocolId": "225",
"metric": "fees_usd",
"period": "24h",
"observedAt": "2026-09-22T21:51:32.324Z",
"value": 327,
"unit": "USD",
"definition": "Includes all the fees recieved by fee recipient for index management",
"sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyFees",
"methodology": {
"Fees": "Includes all the fees recieved by fee recipient for index management",
"Revenue": "All the fees are revenue",
"ProtocolRevenue": "All the fees go to protocol treasury"
}
},
{
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"value": 2050,
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"sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyFees",
"methodology": {
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"Revenue": "All the fees are revenue",
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}
},
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},
{
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},
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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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