DeFi · rank #613

Api3 API3

$0.2351-1.0% 1d+5.4% 7d+21.2% 30d

Amber List Phoenix · weekly · score 72.5 mixed

Monthly: forming bar is a green inside bar. Last confirmed swing low 0.25 (Feb 2026), month 7 of a cycle that has typically run 6. Current low 0.184 is unconfirmed — it confirms above 0.244. Cycle-low confidence 66%.
Weekly: forming bar is a red inside bar. Last confirmed swing low 0.184 (Aug 2026), week 4 of a cycle that has typically run 5. Cycle-low confidence 30%.
Daily: bar is a red inside bar. Last confirmed swing low 0.214 (2026-09-02), day 5 of a cycle that has typically run 5. Cycle-low confidence 16%.
Amber List: 78% below the 2025-10-08 high; +28% off the 365-day low.
Phoenix: 96% decline over 30 months, weekly swing low confirmed (next-bar), now +28% above the trough; no weekly pullback yet — the entry is the pullback, never the chase.
Gauges: Mayer multiple 0.87 (cheap); -81% vs the 200-week average; -97% from the all-time high.

From the peak to today, log scale

Where it sits in each cycle

a swing low confirms only when a later bar takes out the low bar's high

stopped falling, by the rules

Score 72.5

CoinGecko + DefiLlama, pulled 2026-09-07 .xlsx

Health75 / 100 · Strong

Liquidity (24h volume / market cap) can you get out	37.12 %	15.0 / 15
Supply overhang (FDV / market cap) unlocked supply waiting to sell	1.25 x	13.1 / 15
Size (market-cap rank) survivorship	613 #	0 / 15
Usage (price / annualized fees) fees people actually pay to use it (DefiLlama)	25.8 x	19.4 / 20
TVL backing (market cap / TVL) capital parked in it (DefiLlama)	1.81 x	13.7 / 15
Fee momentum (30d vs prior 30d) is usage growing into the recovery	-14.3 %	3.6 / 10
Age on Coinbase survived a cycle	4.7 yrs	10.0 / 10

7 of 7 measurable; score renormalized over what was measurable.