Exchange · rank #2033

Perpetual Protocol PERP

$0.0218+4.3% 1d+10.1% 7d+11.8% 30d

Red List Phoenix · weekly · score 72.5 mixed

Monthly: forming bar is a green inside bar. Last confirmed swing low 0.0176 (Jun 2026), month 3 of a cycle that has typically run 5. Current low 0.016 is unconfirmed — it confirms above 0.0289. Cycle-low confidence 44%.
Weekly: forming bar is a green inside bar. Last confirmed swing low 0.016 (Aug 2026), week 3 of a cycle that has typically run 5. Cycle-low confidence 33%.
Daily: bar is a green inside bar. Last confirmed swing low 0.0189 (2026-09-03), day 4 of a cycle that has typically run 5. Cycle-low confidence 51%.
Red List: 94% below the 2025-09-21 high; +37% off the 365-day low.
Phoenix: 99% decline over 31 months, weekly swing low confirmed (next-bar), now +36% above the trough; no weekly pullback yet — the entry is the pullback, never the chase.
Gauges: Mayer multiple 0.92 (cheap); -96% vs the 200-week average; -100% 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

Health63 / 100 · Sound

Liquidity (24h volume / market cap) can you get out	4.75 %	14.2 / 15
Supply overhang (FDV / market cap) unlocked supply waiting to sell	1.14 x	14.0 / 15
Size (market-cap rank) survivorship	2033 #	0 / 15
TVL backing (market cap / TVL) capital parked in it (DefiLlama)	6.55 x	5.8 / 15
Age on Coinbase survived a cycle	4.9 yrs	10.0 / 10
usage	could not look — no source data
momentum	could not look — no source data

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