{"protocol_slug":"raydium","protocol_name":"Raydium","score":53.24,"confidence":"standard","confidence_tag":"STANDARD","missing_categories":["governance"],"component_coverage":0.78,"components_populated":21,"components_total":27,"category_scores":{"revenue":71.82,"security":16.76,"liquidity":43.0,"token_health":77.14,"balance_sheet":58.91},"component_scores":{"tvl":70,"fees_30d":80,"pool_depth":60,"token_mcap":70,"audit_count":0.0,"chain_count":60,"revenue_30d":80,"bad_debt_ratio":100.0,"fees_tvl_ratio":68.86,"mcap_tvl_ratio":92.92,"protocol_dex_tvl":70,"token_volume_24h":80,"utilization_rate":0.0,"tvl_concentration":3.47,"audit_recency_days":0.0,"fees_tvl_efficiency":40.31,"governance_stability":40.0,"token_liquidity_depth":79.6,"market_listing_velocity":10.0,"protocol_admin_key_risk":45.0,"token_price_volatility_30d":75.09},"raw_values":{"tvl":984685335,"fees_30d":5675816,"pool_depth":6,"token_mcap":178751093.96481875,"audit_count":0,"chain_count":2,"revenue_30d":1702744.8,"bad_debt_ratio":0.0,"fees_tvl_ratio":0.06916909349523317,"mcap_tvl_ratio":0.18153118322293157,"protocol_dex_tvl":984685335,"token_volume_24h":21756539,"utilization_rate":2.429488897203254,"tvl_concentration":97.57051110279674,"audit_recency_days":730,"fees_tvl_efficiency":0.020750728048569953,"governance_stability":40.0,"token_liquidity_depth":0.12143447782902546,"market_listing_velocity":10.0,"protocol_admin_key_risk":45,"token_price_volatility_30d":12.45416},"formula_version":"v0.2.0","computed_at":"2026-04-21T10:06:16.408760+00:00"}