Crypto · rank #1299

Drift Protocol DRIFT

$0.0125-1.6% 1d+2.9% 7d-2.3% 30d

Red List Phoenix · weekly · score 57.5 mixed

Monthly: forming bar is a green inside bar. Last confirmed swing low 0.347 (Jun 2025), month 15 of a cycle that has typically run 10. Current low 0.01069 is unconfirmed — it confirms above 0.01717.
Weekly: forming bar is a red inside bar. Last confirmed swing low 0.01069 (Aug 2026), week 6 of a cycle that has typically run 6. Current low 0.01079 is unconfirmed — it confirms above 0.01422. Cycle-low confidence 17%.
Daily: bar is a red inside bar. Last confirmed swing low 0.01177 (2026-09-04), day 3 of a cycle that has typically run 5. Cycle-low confidence 12%.
Red List: 99% below the 2025-10-05 high; +17% off the 365-day low.
Phoenix: 100% decline over 20 months, weekly swing low confirmed (next-bar), now +17% above the trough; a weekly pullback is forming at 0.01079; it confirms above 0.01422.
Gauges: Mayer multiple 0.37 (cheap); -99% 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 57.5

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

Health59 / 100 · Sound

Liquidity (24h volume / market cap) can you get out	17.15 %	15.0 / 15
Supply overhang (FDV / market cap) unlocked supply waiting to sell	1.4 x	12.0 / 15
Size (market-cap rank) survivorship	1299 #	0 / 15
Age on Coinbase survived a cycle	2.3 yrs	5.2 / 10
usage	could not look — no source data
tvl	could not look — no source data
momentum	could not look — no source data

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