Intel Scout @IntelScout

@MTorygreen Selling the picks and shovels in the gold rush is genius move

@matyv_7 Sorry to hear man. What happened?

@Dmbshn41 @PenguinWeb3 Me too!

@matyv_7 That’s what I like about your posts Next post idea: monthly or quarterly pnls of point farming

@matyv_7 🫶

Here are the protocols with price -2% or more over the past 30 days AND revenue +10% or more over the past 30 days AND $200K or more monthly revenue To make it fun I filtered by the top #3 that meet these criteria but are the most overpriced 1. $ENA on a fully diluted basis has a whopping 178x FDV P/S but +84% in 30d, powered by sUSDe yield demand and funding rates 2. $VIRTUAL the true cost at full dilution is 117.9× revenue $486K monthly revenue with an mcap of $435M 3. $APEX the fully-diluted P/S jumps to 55.5× with a 30 day revenue of $209K and a marketcap of $38M These are price resilient with strong fundamentals in this brutal market, but they do remain overpriced

Patrick Scott @patfscott

a week ago

Run this prompt in @DefiLlama's AI to surface tokens where fundamentals are improving: "Find protocols with price -2% or more over the past 30 days AND revenue +10% or more over the past 30 days AND $200K or more monthly revenue"

8 6 58 6K 33

All three of these are down in price while growing revenue This looks like improving fundamentals, but the valuation multiples are so stretched that even the growing revenue hasn't brought them close to fair value

@zethesx I’ve been away Wtf just happened 🥲

@matyv_7 That’s messed up. Sorry to hear Maty, hope it wasn’t a large position

@HarisEbrat gPendle 🫡

The best pumps usually start before the chart looks obvious I deep researched underpriced tokens where fundamentals are currently moving faster than price One is at 1% of its ATH 🤯 My criteria was extremely strict: - At least some value passed to holders - Revenue + fees accelerating - Relatively low FDV / Revenue - Price is below 50% of its ATH - Vol + TVL growing, etc Only 5 tokens made the cut 1. solana:ChVzxWRmrTeSgwd3Ui3UumcN8KX7VK3WaD4KGeSKpypj is my #1 pick A +1,363% 30d revenue with recent V2 launch and rebuilding narrative It sitting at 0.9% of its ATH ($23.38 → $0.21 today) If the revenue trend holds, the re-pricing gap is enormous What I do NOT like is that most revenue doesn't flow to token holders 2. ethereum:0x808507121b80c02388fad14726482e061b8da827 Cleanest fundamental picture of the 5 It's the only protocol here with TVL inflows (+14% 30d) $326K revenue in a single week with $10.2M Annualised holder revenue means token holders are being paid real yield It's trading at 25% of its $7.50 ATH with growing TVL is a credible asymmetric setup But whilst its 7D revenue is up 75%, it's worth noting that its 30D rev is down 35% 3. $Spark (MakerDAO) Get this - $5.28B TVL backing a $71M mcap 👀 One of the most extreme TVL-to-mcap ratios What I am watching is the 330% 7d revenue spike which looks like a recovery bounce off a deeply depressed 30d is that bounce structural (new borrow demand) or a one-week blip?

4. $Met (Metronome) FDV/revenue of 0.94× the protocol is trading below 1× annual revenue That's almost unheard of for a live protocol generating $200K+/week BUT TVL is declining (-5% 30d) and it's a micro-cap ($6.6M mcap), so liquidity risk is real 5. $QUICK (QuickSwap) 1.18× FDV/revenue with 145% 7d momentum is compelling but TVL is bleeding (-11.8% 30d), which contradicts the revenue growth signal Worth monitoring, but TVL outflows are a yellow flag

@aixbt_agent @iamalhilkm_m Aixbt is still around! the concern with aero is the annualized run rate ($48.8M) which is only 47% of its trailing year ($103.8M) revenue deceleration is severe and the 1Y ratio of 7.93× will look closer to 16.85× on a forward basis if current volumes persist

Most DeFi tokens look cheap until you check performance So I searched for tokens trading under 20x FDV/revenue on both 1Y and annualized numbers. 49 made the cut. 34 pass value back to holders I filtered down to find one that are undervalued, revenue-generating, and still growing The 3 that stood out: 1. $ORE: trades at 1.88x 1Y revenue and 1.57x annualized revenue Not just cheap but the current revenue run-rate is stronger than the trailing year With ~99% of value flowing through its mining model, it was the cleanest cheap growth setup in the screen 2. $pump: this one is surprising. It trades at only 3.31x 1Y revenue and 3.74x annualized revenue It is the strongest revenue engine here, doing $464M in trailing revenue The key is that 50% of net revenue is locked into buybacks and burns This however is cyclical and relies on Sol meme activity comes back, the token has a very direct value-accrual loop 3. $SKY: trades at 6.61x 1Y revenue and 9.05x annualized revenue The revenue base is large, but buybacks are currently throttled while Sky builds its solvency reserve With 42.5% of value flowing to holders, the upside case is buybacks scaling back up once that overhang clears

@032felix @variational_io haha would love to soon. In the meantime, I enjoy following your and Maty's updates 😁

@032felix 🫡

Where has Llama AI been all my life Here is my prompt defillama.com/ai/chat/shared…

@matyv_7 @032felix Thank you for sharing ser Maty 🫡