Liquity LQTY

Sell signal activeRank#34▲3Score35

Sell signal held since Nov 5, before tracking started. REV7 fell to 0.1× of the previous week; REV ratio 0.1×, HR ratio 0.0×. Still open: weekly revenue drop and payout far below its peak still holds. See Signals.

CDP, Ethereum, 191 days of data

Active signals 1

Sell signalheld since Nov 5
Revenue this week $8k, 6% of the week before.
Weekly revenue drop: revenue this week $8k, 0.1× the week before, paid to holders 0.0× the week before. Still open: weekly revenue drop and payout far below its peak still holds.

Market cap

$15.8M

price $0.159 · 7d −17.3% · 30d −27.7%

FDV $15.8M (1.0× market cap)

source defillama

Counted per year

$13k

holders revenue of the last 30 days, $2k, × 365 ÷ 30 (capped at revenue; before the cap $128k), × type factor 0.5 (payouts count 50%)

Distributionbuyback share 80%

Pays out 0.2% of its market cap a year, using 80¢ of every $1 it earns.

Not a buyback: counts for 50% in the multiple (type factor 0.5), so the denominator is $13k instead of $26k.

Multiple

1.2k×

peer median 31.9× (Lending, 4 tokens), against 1.2k× here

Run-rate

308×

last 7 days $2k × 52 × 0.5 (type factor) = $51k a year

last week's payout to holders ran 3.9× the 30-day pace: the payout is speeding up

What we checked

Valuation
Multiple 1.2k× (type factor 0.5: payouts count 50%), 37.4× more expensive than its Lending peers (median 31.9×, 4 tokens). The group's largest earner Sky trades at 26.7×: 44.8× dearer per dollar returned to holders. On total revenue: 8.2×, 1.7× cheaper than the revenue peer median.
Distribution
Distribution: Revenue is paid out to stakers or holders (often in another asset); no buy pressure on the token. Holders got $128k of $159k revenue in 30 days → buyback share 80%. DefiLlama: “Borrow Fees: Share of one-time borrow fees paid by borrowers, distributed to stability pool depositors and protocol token stakers.”
Sustainability
Holders were paid on 8 of 30 days (27%); largest single day 98% of the month's holders revenue (one day carries the month, so the multiple is not a steady pace); paid to holders this week: 2% of the best week in 90 days (more than half below peak). Revenue −94% over 7 days and +409% over 30 days, price −28% over 30 days.

What this does not tell you

The figures come from DefiLlama's adapter for each child protocol. Only a few tokens have an on-chain check (see How the buyback really works); for the rest, whether the tokens were really bought, burned or parked in a treasury wallet is not checked here. Unlocks count where DefiLlama or our research has a vesting schedule; team discretion and liquidity depth only once researched.

Flags

Sell signalheld since Nov 5, before tracking started; REV7 fell to 0.1× of the previous week; REV ratio 0.1×, HR ratio 0.0×. Still open: weekly revenue drop and payout far below its peak still holds. See Signals
One-day spikeone day made 98% of the 30-day holders revenue. The multiple does not show a steady pace, so the token stays out of the Cheap lens and buy signals
Payout >50% below peakthis week's holders revenue is 2% of its best week in the last 90 days ($125k)

How the buyback really works

Not researched yet. Everything above comes from DefiLlama and market data only.

Holders revenue / revenue (30d): $128k / $159k; last 30 closed days
To holders: Pays out 0.2% of its market cap a year
FDV / dilution: $15.8M / 1.0×; FDV ÷ market cap
Price 7d / 30d: −17.3% / −27.7%
Revenue growth 7d / 30d: −94% / +409%; versus the period before
Divergence: 1.82; revenue growth minus price growth, 30d
DEX liquidity: $407k; DexScreener, representative pools
24h volume: $1.3M; all markets, CoinGecko
Unlocks 30d: —; DefiLlama's schedule does not cover the next 30 days while tokens are still locked
Revenue multiple: 8.2×; market cap ÷ revenue per year
Fee multiple: 1.3×; market cap ÷ fees per year
Distance to peak: 2%; this week ÷ best week of 90 days
Data since: May 5; first day with holders revenue

Holders revenue and price

Holders revenue per day7-day averagePrice (right axis)▲ ▼ signal days (history below)

Multiple over time

today 1.2k× (scored) · peer median 31.9×

Market cap at close ÷ (holders revenue of the previous 30 days × 365 ÷ 30), with holders revenue capped at revenue and × the type factor: the same effective multiple as the peer median. Values above 100× are drawn at the top. Bands as on the meter; dashed line = peer median today.

Signal history

Signal history of this token: date, type, price at the signal, price after 7 and 30 days, change since the signal and the outcome
Date	Signal	Price then	After 7d	After 30d	Since	Outcome
November 5, 2026	Sell signalactive	$0.169	—	—	−6%	not counted
October 31, 2026	New in top 20voided Nov 1: rule change of 1 Nov 2026: it would not open under the current rules	$0.193	−8%	—	−18%	not counted
October 31, 2026	Multiple below medianvoided Nov 1: rule change of 1 Nov 2026: it would not open under the current rules	$0.193	−8%	—	−18%	not counted

Versus peers

Lending (merged group) · 4 tokens · median multiple 31.9× · Sky is valued 84.5× higher. Per dollar that counts for holders, Liquity is 44.8× dearer.

Main-ranking peers only. Multiples count holders revenue capped at revenue, × the type factor (buyback 1 · buyback + burn 1 · burn 0.75 · mixed 0.75 · distribution 0.5 · unclear 0.5 · ve-distribution 0.25).

This token against its main-ranking peers: multiple, revenue multiple, buyback share, holders revenue, market cap and revenue growth
Token	Distribution	Multiple	Revenue multiple	Buyback share	To holders 30d	Market cap	Rev. growth 30d
Spark	Buyback	13.0×	3.7×	29%	$340k	$53.8M	+133%
Skyleader	Mixed	26.7×	8.4×	42%	$5.5M	$1.34B	−3%
Maple Finance	Buyback	37.2×	7.4×	20%	$326k	$147.5M	+14%
Liquitythis token	Distribution	1.2k×	8.2×	80%	$128k	$15.8M	+409%

Score build-up35 of 100

Total score = 35% valuation + 25% momentum + 20% divergence + 20% quality − penalties, clamped to 0–100. Every number here can be recomputed from the figures on this page.

35of 100#34▲3top 66% one or more parts are the neutral 50

Valuation 12.8Momentum 12.5Divergence 10.0Quality 0.0= 35.3

Valuation35%

37Valuation 36.5: HR half 0.0 (multiple 1195.13×; 100 at ≤3×, 0 at ≥100×, log scale), revenue half 73.1 (revenue peer value 1.66×; 0 at ≤0.33×, 50 at 1×, 100 at ≥3×, log scale).Average of two halves. HR half: linear in log(multiple), 100 at ≤ 3×, 0 at ≥ 100×, 0 without effective HR. Revenue half: linear in log(revenue peer value), 0 at ≤ 0.33×, 50 at 1×, 100 at ≥ 3×; neutral 50 when the peer group falls back to the universe.

Momentum25%capped

50Momentum 9.4: m = 0.5·g7 −1.500 + 0.3·(ln(day jump 0.67) clamped ±1.5 = −0.395) + 0.2·g30 1.500 = −0.569; 0 at ≤−0.7, 50 at 0, 100 at ≥1.1.m = 0.5·g7 + 0.3·ln(day jump, clamped ±1.5) + 0.2·g30; 0 at m ≤ −0.7, 50 at 0, 100 at ≥ 1.1. Neutral 50 when g7 or g30 is missing; a missing day jump counts as 0.

Divergence20%capped

50Divergence 100.0: d = g30 − p30 = 1.824; 0 at ≤0, 100 at ≥1.5.d = max(0, g30 − p30) when g30 > 0; 0 at d ≤ 0, 100 at d ≥ 1.5, linear.

Quality20%

0Quality 0.0: mean of days HR>0 27% → 0.0 (0 at ≤30%, 100 at ≥90%), largest day 98% of HR30 → 0.0 (0 at ≥60%, 100 at ≤15%), distance to peak 0.02 → 0.0 (0 at ≤0.25, 100 at ≥0.9).Average of: share of days with HR > 0 (0 at ≤ 30%, 100 at ≥ 90%), 1 − largest day ÷ HR30 (0 at ≥ 60%, 100 at ≤ 15%) and distance to peak (0 at ≤ 0.25, 100 at ≥ 0.9).

One-day spike: largest day 98% of the HR window: Momentum 9.4 → 50, Divergence 100.0 → 50.

HR7 is below 50% of its 90-day peak: momentum and divergence are capped at 50. This is not a penalty; the distance already counts in quality.

Penaltiesnone

No penalty applies — 10 rules checked, 3 wait for research data

Where the numbers come from

Revenue source: 2 active children; DefiLlama adapter per child
Price and market cap: defillama / defillama; latest fetch
Scored on: November 11, 2026; as-of date of the last compute run
On-chain verified: not yet; not checked yet

Protocols behind this token2 at DefiLlama

Per protocol: DefiLlama's methodology text, the distribution type we read from it and the sentence that decided it. The token takes the type of the protocol that returns the most to holders.

Liquity V1
CDP · Ethereum
type distribution · source label
“Borrow Fees: Share of one-time borrow fees paid by borrowers, distributed to stability pool depositors and protocol token stakers.”
Share of borrow and redemption fees distributed to stability pool depositors and protocol token stakers.
Borrow Fees
Share of one-time borrow fees paid by borrowers, distributed to stability pool depositors and protocol token stakers.
Redemption Fees
Share of redemption fees paid by borrowers, distributed to stability pool depositors and protocol token stakers.
adapter on GitHub ↗
Liquity V2
CDP · Ethereum
type unclear · source none
No methodology text at DefiLlama.
adapter on GitHub ↗