Layer 2 · rank #71

POL (ex-MATIC) POL

$0.0973-1.1% 1d+7.4% 7d+27.6% 30d

Watch Recovering Phoenix · monthly · score 72.5 mixed

Monthly: forming bar is a green inside bar. Last confirmed swing low 0.0674 (Jul 2026), month 2 of a cycle that has typically run 4.
Weekly: forming bar is a red inside bar. Last confirmed swing low 0.0701 (Aug 2026), week 6 of a cycle that has typically run 10. Current low 0.08642 is unconfirmed — it confirms above 0.1003. Cycle-low confidence 85%.
Daily: bar is a red inside bar. Last confirmed swing low 0.0909 (2026-09-04), day 3 of a cycle that has typically run 5. Cycle-low confidence 86%.
Watch: 66% below the 2025-09-13 high; +44% off the 365-day low.
Phoenix: 91% decline over 19 months, monthly swing low confirmed (next-bar), now +44% above the trough; first weekly pullback after the low confirmed 2026-08-09 (trigger 0.078).
Gauges: Mayer multiple 1.10 (neutral); -86% 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

Health80 / 100 · Strong

Liquidity (24h volume / market cap) can you get out	6.07 %	15.0 / 15
Supply overhang (FDV / market cap) unlocked supply waiting to sell	1.0 x	15.0 / 15
Size (market-cap rank) survivorship	71 #	9 / 15
Usage (price / annualized fees) fees people actually pay to use it (DefiLlama)	39.6 x	17.8 / 20
TVL backing (market cap / TVL) capital parked in it (DefiLlama)	1.29 x	14.5 / 15
Fee momentum (30d vs prior 30d) is usage growing into the recovery	-8.5 %	4.1 / 10
Age on Coinbase survived a cycle	2.0 yrs	4.3 / 10

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