DeFi · rank #370

Sushi SUSHI

$0.2407-4.2% 1d+23.2% 7d+46.0% 30d

Amber List Recovering Phoenix · monthly · score 65 mixed

  • Monthly: forming bar is a green 2-Up. Last confirmed swing low 0.1389 (Jun 2026), month 3 of a cycle that has typically run 4. Cycle-low confidence 30%.
  • Weekly: forming bar is a red inside bar. Last confirmed swing low 0.1527 (Aug 2026), week 4 of a cycle that has typically run 5. Cycle-low confidence 22%.
  • Daily: bar is a red inside bar. Last confirmed swing low 0.1877 (2026-09-04), day 3 of a cycle that has typically run 5. Cycle-low confidence 39%.
  • Amber List: 72% below the 2025-09-13 high; +73% off the 365-day low.
  • Phoenix: 95% decline over 18 months, monthly swing low confirmed (late (3 bars)), now +73% above the trough; pullback #2 confirmed 2026-08-23.
  • Gauges: Mayer multiple 1.26 (neutral); -70% vs the 200-week average; -99% from the all-time high.
From the peak to today, log scale
0.14770.62722.662024-112025-102026-09peak 2.94low 0.1389 (95%)false bottommonthly trigger 0.2454

Where it sits in each cycle

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

Monthly 2U

Last bars
2Ur 2Dr 1g 2Ug 2Ug
Confirmed low
$0.1389 · 2026-06-30
Position
3 of median 4.0 (max 12)
Current low
$0.1389 · confirmed
Cycle-low odds
30% · in band
Confirmed lows
13

Weekly 1

Last bars
2Dr 2Ug 1r 2Ug 1r
Confirmed low
$0.1527 · 2026-08-16
Position
4 of median 5 (max 14)
Current low
$0.1527 · confirmed
Cycle-low odds
22% · in band
Confirmed lows
50

Daily 1

Last bars
1g 3r 2Ug 1r 1r
Confirmed low
$0.1877 · 2026-09-04 (daily)
Position
3 of median 5 (max 22)
Current low
$0.1877 · confirmed
Cycle-low odds
39% · in band
Confirmed lows
374

Phoenix

stopped falling, by the rules
Peak
$2.94 · Dec 2024
Trough
$0.1389 · Jun 2026
Decline
-95.3% over 18 months
Above trough
+73.3%
Monthly
confirmed (late (3 bars)) · trigger $0.2454
Weekly
confirmed (late (8 bars))
False bottom
$0.4513 · Apr 2025 (2 higher highs, then undercut)
Entry
pullback #2 low $0.1527 confirmed 2026-08-23 · trigger $0.1734
Score 65
decline30
confirmation25
earliness0
stale0
false bottom10
bluechip0

Fundamentals

CoinGecko + DefiLlama, pulled 2026-09-07 .xlsx
Health73 / 100 · Strong
Liquidity (24h volume / market cap)
can you get out
111.0 %15.0 / 15
Supply overhang (FDV / market cap)
unlocked supply waiting to sell
1.02 x14.9 / 15
Size (market-cap rank)
survivorship
370 #0 / 15
Usage (price / annualized fees)
fees people actually pay to use it (DefiLlama)
97.4 x11.4 / 20
TVL backing (market cap / TVL)
capital parked in it (DefiLlama)
1.72 x13.8 / 15
Fee momentum (30d vs prior 30d)
is usage growing into the recovery
26.0 %7.6 / 10
Age on Coinbase
survived a cycle
5.5 yrs10.0 / 10

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

Market cap
$68.9M
Fully diluted
$70.1M
24h volume
$76.5M
Circulating
286,745,778
All-time high
$23.38 · 2021-03-13 (-99.0%)
TVL
$40.0M (protocol)
Fees 30d
$58.1K
Revenue 30d
$9.7K
Fees 1y
$2.2M
Mayer multiple
1.261 · neutral
vs 200-week avg
-69.5%
Pi cycle
0.314
On Coinbase since
2021-03-11 (2007 bars)
CoinGecko id
sushi check