Layer 2 · rank #153

Optimism OP

$0.1090-1.1% 1d+16.5% 7d+22.4% 30d

Red List mixed

Monthly: forming bar is a green inside bar. Last confirmed swing low 0.099 (Mar 2026), month 6 of a cycle that has typically run 5. Current low 0.08062 is unconfirmed — it confirms above 0.1234. Cycle-low confidence 51%.
Weekly: forming bar is a red inside bar. Last confirmed swing low 0.089 (Jun 2026), week 13 of a cycle that has typically run 5. Current low 0.08062 is unconfirmed — it confirms above 0.1234. Cycle-low confidence 58%.
Daily: bar is a red inside bar. Last confirmed swing low 0.09505 (2026-09-04), day 3 of a cycle that has typically run 5. Cycle-low confidence 21%.
Red List: 87% below the 2025-09-19 high; +35% off the 365-day low.
Gauges: Mayer multiple 0.98 (cheap); -92% vs the 200-week average; -98% 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

Health55 / 100 · Sound

Liquidity (24h volume / market cap) can you get out	41.82 %	15.0 / 15
Supply overhang (FDV / market cap) unlocked supply waiting to sell	1.88 x	8.4 / 15
Size (market-cap rank) survivorship	153 #	3 / 15
Usage (price / annualized fees) fees people actually pay to use it (DefiLlama)	345.3 x	0 / 20
Fee momentum (30d vs prior 30d) is usage growing into the recovery	62.5 %	10.0 / 10
Age on Coinbase survived a cycle	4.3 yrs	10.0 / 10
tvl	could not look — no source data

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