Layer 1 · rank #1938

MEZO MEZO

$0.00667-2.3% 1d-5.2% 7d-14.1% 30d

Red List Falling full bearish continuity

Monthly: forming bar is a red 2-Down. Current low 0.006571 is unconfirmed — it confirms above 0.007293.
Weekly: bar is a red 2-Down. Last confirmed swing low 0.02795 (Apr 2026). Current low 0.006571 is unconfirmed — it confirms above 0.007293.
Daily: bar is a red 2-Down. Last confirmed swing low 0.006577 (2026-08-28), day 9 of a cycle that has typically run 5. Current low 0.006571 is unconfirmed — it confirms above 0.006892. Cycle-low confidence 59%.
Red List: 96% below the 2026-04-13 high; +2% off the 365-day low.
Gauges: -94% from the all-time high.

Last 18 months, log scale

Where it sits in each cycle

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

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

Health31 / 100 · Thin

Liquidity (24h volume / market cap) can you get out	2.35 %	6.2 / 15
Supply overhang (FDV / market cap) unlocked supply waiting to sell	2.0 x	7.5 / 15
Size (market-cap rank) survivorship	1938 #	0 / 15
Usage (price / annualized fees) fees people actually pay to use it (DefiLlama)	409.9 x	0 / 20
TVL backing (market cap / TVL) capital parked in it (DefiLlama)	0.04 x	15.0 / 15
Fee momentum (30d vs prior 30d) is usage growing into the recovery	-25.5 %	2.4 / 10
Age on Coinbase survived a cycle	0.4 yrs	0.0 / 10

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