Valuation frameworks for crypto assets

Crypto Value Lab

Class-based valuation frameworks for crypto assets.

Static methodology preview. Live data pipeline planned. Not investment advice.

BTC, ETH, HYPE, AAVE, LINK, DOGE, and ONDO are not the same economic object. CVL applies different valuation models by asset class, then exposes assumptions, caveats, and confidence.

Asset Class Matrix

Each class starts with a different model set and a different burden of evidence.

Monetary Premium 6 models 6 assets

Store of Value / Monetary Premium

Assets primarily evaluated through scarcity, holder persistence, settlement demand, network security, and monetary premium.

Data coverage

Network metrics, realized value, holder behavior, settlement activity

BTCXRPBCHXMRZECLTC
L1s & L2s 8 models 22 assets

Smart Contract Platforms / L1s & L2s

Execution and settlement networks evaluated through fee generation, app capital, stablecoin activity, staking, and ecosystem depth.

Data coverage

Fees, TVL, stablecoin supply, active users, staking, app activity

ETHSOLBNBAVAXOPAPT
Exchange Tokens 6 models 11 assets

Exchange Tokens

Venue-linked tokens evaluated through fee pools, volume share, liquidity depth, token capture, and float pressure.

Data coverage

Fees, volumes, open interest, liquidity, supply schedules

HYPELEOOKBKCSCROUNI
DeFi 6 models 10 assets

DeFi Primitives

Protocol assets evaluated through fees, protocol revenue, TVL efficiency, utilization, treasury value, and tokenholder capture.

Data coverage

TVL, protocol revenue, fees, utilization, treasury disclosures

AAVEMORPHOENAPENDLECRVLDO
Data Infrastructure 5 models 6 assets

Oracles, Data & Infrastructure

Infrastructure networks evaluated through secured value, usage requests, integrations, revenue, and security collateral.

Data coverage

Usage, secured value, integrations, revenue, staking collateral

LINKPYTHGRTRENDERAKTQNT
AI / DePIN 5 models 6 assets

AI / Compute / DePIN

Compute and physical infrastructure networks evaluated through utilization, node economics, emissions, and demand durability.

Data coverage

Usage revenue, compute utilization, node economics, emissions

TAOFETWLDVIRTUALH
RWA 5 models 3 assets

RWA / Tokenized Real Assets

Real-world asset networks evaluated through AUM, fee take rate, regulatory risk, asset backing, and distribution reach.

Data coverage

AUM, fees, revenue, treasury backing, regulatory disclosures

ONDOMNTCC
Culture Assets 5 models 8 assets

Memes & Culture

Culture-linked assets evaluated through liquidity persistence, holder distribution, attention durability, and cycle sensitivity.

Data coverage

Liquidity, holder concentration, attention proxies, relative basket behavior

DOGESHIBPEPETRUMPFLOKISPX
Other 4 models 5 assets

Other / Niche

Assets that require custom classification before a valuation model can be applied responsibly.

Data coverage

Liquidity, utility review, comparable class mapping, persistence

PICHZXLMXTZJASMY

Bubble Map

Representative assets mapped by valuation gap, fundamental evidence, data completeness, and method confidence.

Valuation Gap Bubble Map

Static methodology preview. Live data pipeline not yet connected.

Premium to model-implied value Discount to model-implied value Model-implied parity Asset Evidence BTC Monetary Premium BTC: valuation gap 18%, evidence 86/100 18% 86 ETH L1s & L2s ETH: valuation gap 11%, evidence 82/100 11% 82 AAVE DeFi AAVE: valuation gap 16%, evidence 72/100 16% 72 LINK Data Infrastructure LINK: valuation gap -6%, evidence 66/100 -6% 66 HYPE Exchange Tokens HYPE: valuation gap 22%, evidence 64/100 22% 64 ONDO RWA ONDO: valuation gap 8%, evidence 58/100 8% 58 DOGE Culture Assets DOGE: valuation gap -24%, evidence 38/100 -24% 38 CVL Valuation Gap
X-axis: Composite Model-Implied FDV / Actual FDV - 1 Row labels keep every asset visible; evidence score is shown at right Size: FDV or market cap Border: method confidence Opacity: data completeness

Coverage Table

Coverage is static and methodological. Market data is not yet connected to this build. Treat as illustration only.

Asset Class Model coverage Data completeness Tokenholder capture Confidence Link
BTC Bitcoin Monetary Premium High 88/100 Not applicable 84/100 Open
XRP XRP Monetary Premium High 70/100 Not applicable 72/100 Open
BCH Bitcoin Cash Monetary Premium High 74/100 Not applicable 77/100 Open
XMR Monero Monetary Premium High 78/100 Not applicable 67/100 Open
ZEC Zcash Monetary Premium High 66/100 Not applicable 72/100 Open
LTC Litecoin Monetary Premium High 70/100 Not applicable 77/100 Open
ETH Ethereum L1s & L2s High 84/100 Partial 78/100 Open
BNB BNB L1s & L2s High 73/100 Partial 64/100 Open
SOL Solana L1s & L2s High 79/100 Partial 70/100 Open
TRX TRON L1s & L2s High 74/100 Partial 63/100 Open
ADA Cardano L1s & L2s High 62/100 Partial 68/100 Open
TON Toncoin L1s & L2s High 66/100 Partial 73/100 Open
SUI Sui L1s & L2s High 70/100 Partial 63/100 Open
AVAX Avalanche L1s & L2s High 74/100 Partial 68/100 Open
HBAR Hedera L1s & L2s High 62/100 Partial 73/100 Open
NEAR NEAR Protocol L1s & L2s High 66/100 Partial 63/100 Open
DOT Polkadot L1s & L2s High 70/100 Partial 68/100 Open
ICP Internet Computer L1s & L2s High 74/100 Partial 73/100 Open
ALGO Algorand L1s & L2s High 62/100 Partial 63/100 Open
ATOM Cosmos Hub L1s & L2s High 66/100 Partial 68/100 Open
POL Polygon Ecosystem Token L1s & L2s High 70/100 Partial 73/100 Open
KAS Kaspa L1s & L2s High 74/100 Partial 63/100 Open
SEI Sei L1s & L2s High 62/100 Partial 68/100 Open
TIA Celestia L1s & L2s High 66/100 Partial 73/100 Open
OP Optimism L1s & L2s High 70/100 Partial 63/100 Open
STRK Starknet L1s & L2s High 74/100 Partial 68/100 Open
MON Monad L1s & L2s High 62/100 Partial 73/100 Open
APT Aptos L1s & L2s High 66/100 Partial 63/100 Open
WBT WhiteBIT Coin Exchange Tokens Medium 50/100 Partial 51/100 Open
HYPE Hyperliquid Exchange Tokens Medium 66/100 Partial 60/100 Open
LEO UNUS SED LEO Exchange Tokens Medium 58/100 Partial 61/100 Open
OKB OKB Exchange Tokens Medium 62/100 Partial 51/100 Open
KCS KuCoin Token Exchange Tokens Medium 50/100 Partial 56/100 Open
BGB Bitget Token Exchange Tokens Medium 54/100 Partial 61/100 Open
HTX HTX DAO Exchange Tokens Medium 58/100 Partial 51/100 Open
CRO Cronos Exchange Tokens Medium 62/100 Partial 56/100 Open
UNI Uniswap Exchange Tokens Medium 50/100 Partial 61/100 Open
CAKE PancakeSwap Exchange Tokens Medium 54/100 Partial 51/100 Open
JUP Jupiter Exchange Tokens Medium 58/100 Partial 56/100 Open
AAVE Aave DeFi Medium 72/100 Partial 66/100 Open
MORPHO Morpho DeFi Medium 62/100 Partial 60/100 Open
ENA Ethena DeFi Medium 66/100 Partial 65/100 Open
INJ Injective DeFi Medium 70/100 Partial 55/100 Open
PENDLE Pendle DeFi Medium 58/100 Partial 60/100 Open
CRV Curve DeFi Medium 62/100 Partial 65/100 Open
AERO Aerodrome DeFi Medium 66/100 Partial 55/100 Open
SYRUP Maple Finance DeFi Medium 70/100 Partial 60/100 Open
LDO Lido DAO DeFi Medium 58/100 Partial 65/100 Open
SKY Sky DeFi Medium 62/100 Partial 55/100 Open
LINK Chainlink Data Infrastructure Medium 69/100 Partial 61/100 Open
PYTH Pyth Network Data Infrastructure Medium 57/100 Partial 55/100 Open
GRT The Graph Data Infrastructure Medium 61/100 Partial 60/100 Open
RENDER Render Data Infrastructure Medium 65/100 Partial 50/100 Open
AKT Akash Network Data Infrastructure Medium 53/100 Partial 55/100 Open
QNT Quant Data Infrastructure Medium 57/100 Partial 60/100 Open
TAO Bittensor AI / DePIN Low 52/100 Unclear 42/100 Open
FET Artificial Superintelligence Alliance AI / DePIN Low 41/100 Unclear 39/100 Open
WLD Worldcoin AI / DePIN Low 45/100 Unclear 44/100 Open
VVV Venice Token AI / DePIN Low 49/100 Unclear 34/100 Open
VIRTUAL Virtuals Protocol AI / DePIN Low 37/100 Unclear 39/100 Open
H Humanity Protocol AI / DePIN Low 41/100 Unclear 44/100 Open
ONDO Ondo RWA Medium 64/100 Partial 56/100 Open
MNT Mantle RWA Medium 50/100 Partial 52/100 Open
CC Canton Network RWA Medium 54/100 Partial 57/100 Open
DOGE Dogecoin Culture Assets Low 58/100 Weak 34/100 Open
SHIB Shiba Inu Culture Assets Low 30/100 Weak 31/100 Open
PEPE Pepe Culture Assets Low 51/100 Weak 29/100 Open
M MemeCore Culture Assets Low 38/100 Weak 26/100 Open
TRUMP Official Trump Culture Assets Low 26/100 Weak 31/100 Open
FLOKI FLOKI Culture Assets Low 30/100 Weak 36/100 Open
SPX SPX6900 Culture Assets Low 34/100 Weak 26/100 Open
APEPE Ape and Pepe Culture Assets Low 38/100 Weak 31/100 Open
PI Pi Network Other Classification 24/100 Unclear 24/100 Open
CHZ Chiliz Other Classification 26/100 Unclear 28/100 Open
XLM Stellar Other Classification 30/100 Unclear 33/100 Open
XTZ Tezos Other Classification 34/100 Unclear 24/100 Open
JASMY JasmyCoin Other Classification 24/100 Unclear 28/100 Open

Methodology Note

Dashboard structure inspired by ETHval’s multi-model Ethereum valuation interface. CVL extends the idea into an asset-class taxonomy across crypto assets.

This page shows the architecture of the valuation workbench: model sets by asset class, method confidence, source trails, and scenario sensitivity. It does not present live market outputs.