Basis Protocol

Score Proof · Morpho · PSI · 2026-04-21 11:36 UTC

Morpho
75.3

Methodology v0.2.0 · Computed 2026-04-21 10:05 UTC · 23 components

This page shows every input used to compute this score. The methodology is open. The computation is deterministic — same inputs always produce the same output.

Formula

PSI = 0.25×Balance + 0.20×Revenue + 0.20×Liquidity + 0.15×Security + 0.10×Governance + 0.10×Token

Category Weight Score Contribution
Balance Sheet & Reserves 0.25 94.6 23.66
Revenue & Sustainability 0.20 64.6 12.92
Liquidity & Utilization 0.20 95.8 19.16
Security & Audit 0.15 29.2 4.39
Governance & Decentralization 0.10
Token Health 0.10 76.5 7.65
Total 75.3 67.77

Component Readings

23 of 27 target components currently scoring

Component Raw Value Score (0-100) Source Type Collected
Balance Sheet
bad_debt_ratio 0 100.0 config static 2026-04-21 10:05
chain_count 30 100.0 defillama live 2026-04-21 10:05
treasury_total_usd 7.786e+07 70.0 defillama_treasury static 2026-04-21 10:05
tvl 6.543e+09 100.0 defillama live 2026-04-21 10:05
tvl_30d_change defillama live 2026-04-21 10:05
tvl_7d_change defillama live 2026-04-21 10:05
tvl_concentration 35.31 92.4 defillama live 2026-04-21 10:05
Governance
governance_proposals_90d manual static 2026-04-21 10:05
governance_token_holders coingecko live 2026-04-21 10:05
Liquidity
pool_depth 90 100.0 defillama live 2026-04-21 10:05
protocol_dex_tvl 6.543e+09 100.0 defillama live 2026-04-21 10:05
utilization_rate 36.39 88.0 defillama live 2026-04-21 10:05
Revenue
fees_30d 1.319e+07 100.0 defillama_fees static 2026-04-21 10:05
fees_tvl_efficiency 0.007255 12.8 calculated static 2026-04-21 10:05
fees_tvl_ratio 0.02418 23.4 calculated static 2026-04-21 10:05
revenue_30d 3.956e+06 80.0 defillama_fees static 2026-04-21 10:05
Security
audit_count 0 0.0 defillama live 2026-04-21 10:05
audit_recency_days 730 0.0 defillama live 2026-04-21 10:05
collateral_coverage_ratio 10 10.0 collateral_coverage static 2026-04-21 10:05
governance_stability 40 40.0 governance_detector static 2026-04-21 10:05
market_listing_velocity 80 80.0 market_snapshots static 2026-04-21 10:05
protocol_admin_key_risk 65 65.0 config static 2026-04-21 10:05
Token Health
mcap_tvl_ratio 0.1668 92.6 calculated static 2026-04-21 10:05
token_liquidity_depth 0.01198 1.4 coingecko live 2026-04-21 10:05
token_mcap 1.092e+09 100.0 coingecko live 2026-04-21 10:05
token_price_volatility_30d 15.42 69.2 coingecko live 2026-04-21 10:05
token_volume_24h 1.31e+07 80.0 coingecko live 2026-04-21 10:05

Evidence

Raw JSON · Witness Archive · Methodology Spec

Re-derivation

Inputs hash: f0e21cc68b9cf8bb73335fe52264dce1

You can verify this score independently by calling GET /api/psi/scores/morpho and applying the published formula to the component readings. The same inputs always produce the same output.