Basis Protocol

Score Proof · Spark · PSI · 2026-04-21 11:37 UTC

Spark
67.7

Methodology v0.2.0 · Computed 2026-04-21 10:05 UTC · 19 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 84.8 21.21
Revenue & Sustainability 0.20 68.0 13.60
Liquidity & Utilization 0.20 75.0 15.00
Security & Audit 0.15 33.5 5.03
Governance & Decentralization 0.10
Token Health 0.10 60.7 6.07
Total 67.7 60.91

Component Readings

19 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 8 100.0 defillama live 2026-04-21 10:05
treasury_total_usd 1.023e+08 100.0 defillama_treasury static 2026-04-21 10:05
tvl 4.564e+09 85.0 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 72.77 38.9 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 24 100.0 defillama live 2026-04-21 10:05
protocol_dex_tvl 4.564e+09 85.0 defillama live 2026-04-21 10:05
utilization_rate 23.71 45.7 defillama live 2026-04-21 10:05
Revenue
fees_30d 1.362e+07 100.0 defillama_fees static 2026-04-21 10:05
fees_tvl_efficiency 0.01074 19.9 calculated static 2026-04-21 10:05
fees_tvl_ratio 0.0358 35.2 calculated static 2026-04-21 10:05
revenue_30d 4.085e+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 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 70 70.0 config static 2026-04-21 10:05
Token Health
mcap_tvl_ratio 0.01505 89.2 calculated static 2026-04-21 10:05
token_liquidity_depth coingecko live 2026-04-21 10:05
token_mcap 6.869e+07 50.0 coingecko live 2026-04-21 10:05
token_price_volatility_30d coingecko live 2026-04-21 10:05
token_volume_24h coingecko live 2026-04-21 10:05

Evidence

Raw JSON · Witness Archive · Methodology Spec

Re-derivation

Inputs hash: cd06680f7df4a6db1772e288a8cf4d82

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