Score crypto assets on fundamental quality
Answers whether each tracked crypto asset is fundamentally sound or carries deterioration warning signs. It reads market data (market-cap rank, 24h volume, all-time-high drawdown), circulating-vs-total supply, and GitHub commit activity, then runs rule-based red-flag checks (micro-cap, illiquid volume/market-cap ratio, low float, down over 90% from the high, dead repo) and combines them into a 0-100 health score. It triages quality across the assets a run covers; a score under 40 raises a deterioration alert.
A rule-based screen combined into a 0-100 score, and a useful lesson in the difference between a red flag and a measurement.
The inputs are public and mostly structural: market-capitalisation rank, 24-hour volume, drawdown from the all-time high, circulating versus total supply, and GitHub commit activity.
Two of them deserve explanation as concepts. The VOLUME-TO-MARKET-CAP ratio is a TURNOVER proxy - how much of an asset's value changes hands in a day. Be precise about what it is not: it does not measure bid-ask spreads, order-book depth, resilience or price impact, which is what liquidity actually means, so a heavily wash-traded market scores as liquid on this ratio. Reported volume also varies in reliability by venue. FLOAT, the circulating share of total supply, matters because a low float means much of the supply is not yet circulating - price formed on a small float is not price formed against the broader total supply base. Note the limit of the inference: the ratio is a SNAPSHOT and does not by itself establish that the remainder is contractually scheduled to be released, on what timetable, or to whom. That comes from the vesting and emission documentation, which this ratio does not read.
DRAWDOWN is (peak - current) / peak. Since the peak is the running maximum, current never exceeds it, so the quantity is bounded between 0% and 100% - it cannot go negative, and it cannot exceed a total loss. It is a descriptive statistic of past decline and nothing more.
The red-flag checks are BINARY rules on continuous quantities: an asset marginally either side of a threshold is treated as opposite. That is the nature of a screen, and screens are triage instruments - they narrow a list for examination, and they are not valuations.
The 0-100 score combines the flags through a weighting we do not publish, so the score is not reproducible from this description and is not comparable to any other product's health score. Treat the individual flags as the evidence. The alert at 40 is a chosen cut-off.
One construct-validity caution: GitHub commit activity measures repository events, not the value or quality of engineering, and is affected by monorepo structure, bots and merge practice.
Published reports are readable without an account. The newest is Ether (ETH) and XRP extend a month-long slide as Bitcoin falls below $75,000: trend, momentum and news (Nov 9, 2026). Create an account to run research on the stocks and crypto you choose.