Follow the moneythat cannot lie.
Four autonomous tools score every pre-mainstream opportunity across DeFi, equities, and private markets. Sourced, timestamped, methodology-linked. Updated daily.
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Four interactive data terminals. Updated daily from our autonomous research pipeline.
Highest conviction this week
Combined score across all 8 dimensions. Sourced and timestamped.
Bitcoin
Bitcoin's investment case in 2026 is fundamentally different from prior cycles, it has transitioned from speculative asset to institutional reserve asset. BTC ETFs have accumulated over over $50B in cumulative net inflows since the January 2024 launch, with BlackRock's IBIT becoming the fastest ETF to $50B AUM in history. Corporate treasury adoption has spread beyond MicroStrategy (now holding 550,000+ BTC) to dozens of public companies and several sovereign wealth funds. The April 2024 halving reduced block rewards to 3.125 BTC, cutting new supply issuance from ~900 BTC/day to ~450 BTC/day. With daily ETF demand consistently exceeding daily miner production during bull phases, the supply shock math remains compelling. Miner revenue has diversified into ordinals and inscription fees, adding $500M-$1B+ in annual fee revenue that reduces sell pressure as block rewards decline over time. The macro tailwind of de-dollarization is accelerating BTC adoption as a neutral reserve asset. El Salvador's Bitcoin treasury has appreciated 3x+, validating the sovereign thesis. The U.S. Strategic Bitcoin Reserve announcement (early 2025) provided the ultimate institutional endorsement, with Congress debating legislation to hold up to 1M BTC. This represents a structural demand floor unlike any prior cycle. Lightning Network capacity has grown to $500M+, enabling micropayments and real commercial use cases. Taproot adoption exceeds 60% of transactions, enabling more complex smart contract use cases. Bitcoin's 10-year CAGR of 60%+ makes it the best-performing asset class in history, and its correlation with risk assets has declined as institutional adoption matures. The primary risk is regulatory, a coordinated G20 clampdown on BTC holdings, which remains low probability given the U.S. strategic reserve precedent.
Protocols earning more than their market cap
Annualized revenue ÷ FDV. Sorted by yield. 15 of 15 shown.
| # | SYMBOL | CATEGORY | MARKET CAP | ANNUALIZED REV | YIELD | 7D |
|---|---|---|---|---|---|---|
| 7 | GMX | Dexs | $360.0M | $102.0M | 8.5% | |
| 13 | SNX | Dexs | $450.0M | $117.0M | 7.8% | |
| 5 | FLUID | Dexs | $540.0M | $127.8M | 7.1% | |
| 2 | MKR | Dexs | $2.7B | $605.2M | 6.8% | |
| 8 | DRIFT | Dexs | $270.0M | $56.7M | 6.3% | |
| 9 | PENDLE | Dexs | $1.0B | $200.6M | 5.9% | |
| 14 | RDNT | Lending | $240.0M | $43.2M | 5.4% | |
| 4 | KMNO | Dexs | $630.0M | $109.2M | 5.2% | |
| 10 | SYRUP | Dexs | $180.0M | $28.8M | 4.8% | |
| 1 | AAVE | Lending | $4.3B | $639.0M | 4.5% | |
| 15 | MORPHO | Lending | $960.0M | $131.2M | 4.1% | |
| 3 | ETHFI | Dexs | $1.9B | $247.0M | 3.8% | |
| 11 | LDO | Dexs | $6.6B | $773.5M | 3.5% | |
| 6 | CRV | Dexs | $1.4B | $150.4M | 3.2% | |
| 12 | UNI | Dexs | $2.5B | $174.3M | 2.1% |
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How we score 8 signals
Every opportunity is scored across 8 dimensions, equally weighted at 12.5%. Combined score determines conviction.
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