How to valuate tokens based on revenue? 💸

Crypto tokens are increasingly judged by protocol revenues as investors adopt equity-style valuation for blockchain projects. Many compare a token’s market cap to its ARR (annual recurring revenue) to gauge potential value 🧮

🔍 A popular measure is the Price-to-Sales ratio (P/S). It’s calculated by dividing a project’s market cap by its annual revenue. A lower ratio hints that a token might be undervalued.

Market Cap ÷ Annual Revenue

Below are a few protocols with notable 30-day revenue but low market cap 👇

🔵Hyperliquid (HYPE) – $51.59 million
🔵Aerodrome (AERO) – $28.08 million
🔵Raydium (RAY) – $22.37 million

You can use DeFiLlama fees dashboard to view real-time protocol revenue data across different DeFi platforms 📊

#FAQ

TRUMP meme coin is down 75% from its all-time high 📉

The hype surrounding the coin launched by the President, was short-lived. Hundreds of thousands of owners are now at a loss 😭

Do you believe $TRUMP will ever recover?

YES — 🔥

NO — 🫡

🚨 USA vs. Canada trade war

Donald Trump just lit a match under North American trade. He slapped a 25% tariff on everything coming in from Canada and Mexico. Another 10% on Chinese imports. The reason? He says it's about stopping illegal immigration, drug trafficking, and protecting American jobs 💸

The move sent shockwaves through the markets. Business leaders panicked. Canadian Prime Minister Justin Trudeau didn’t waste time. He hit back. Canada is now placing its own 25% tariff on $107 billion worth of U.S. goods. Trudeau called it a firm but measured response.

😡 Trump wasn’t having it. He made himself crystal clear: If Canada dares to retaliate, he will double the tariffs. That means 50% tariffs on Canadian imports. He’s not bluffing. This is an economic standoff.

What’s happening is a full-blown trade war. It starts with tariffs, taxes on imported goods, making them more expensive. The goal? Punish the other country’s economy. But in reality, businesses and consumers on both sides suffer. Prices go up. Supply chains get wrecked 😨

Now, the U.S. and Canada, two of the biggest trade partners in the world, are on the verge of an economic fistfight. The longer this drags on, the worse it gets.

🇺🇸⚔️ ⚔️ 🇨🇦

This was a tough week for altcoins in particular 🔽

Bitcoin fell only 6.7%, but many altcoins from the top 100 list lost > 25% of their value 😳

Bitcoin's dominance is growing due to the weak performance of altcoins and has already risen to 60.22% 📈

If you think the bull market isn't over yet, now is the time to buy crypto. In past bull cycles, this is the time when another leg up was about to start 🔍

The US dollar outperformed all crypto assets in the top 100 list by market cap 😂

Market Massacre 😱

Crypto is down horrendously, over $2.16 billion in leveraged positions have been liquidated in the last 24 hours 😵

Ethereum dropped to $2,150 at one point, most altcoins are down >25% tonight 🔽

If you have been thinking about buying, now is the time 💰

Wake up to reality 🤣

⚡️ Coinbase received regulatory approval to launch crypto services in the United Kingdom 🇬🇧

Donald Trump's crypto czar David Sacks will hold press conference tomorrow to discuss "how to secure America as a leader in the digital asset ecosystem" 🇺🇸

🤔 We should expect to hear statements that will be very bullish for crypto, we should prepare for volatility.

If a plan to create a sovereign bitcoin reserve is mentioned, the entire today's dump will retrace in a matter of minutes 👀

Gold just hit an all-time high at $2,838.20 USD. Investors are piling into the shiny metal as markets get shaky 🌉

😱 Trump’s new tariffs on Canada, Mexico, and China are freaking people out. Stocks are dropping, inflation fears are rising, and gold is looking like the safest bet.

😨 On top of that, global tensions are heating up, and nobody trusts where the economy is headed. When uncertainty spikes, gold shines.

Trump signs order to create Sovereign Wealth Fund 📝

SWF is a state-owned investment fund made up of money generated by a nation's government, often derived from surplus reserves, natural resource revenues, or trade surpluses.

🟢Norway, for example, has a $1.8 trillion fund.

🟢Saudi Arabia has $925 billion fund.

It is foolish to assume that the US, the most powerful economy in the world, would have a smaller fund than the above countries 🔍

There are speculations that it is through such a sovereign fund that the US government could invest in crypto, particularly Bitcoin 🤑

Donald Trump's son, Eric Trump, says now is a great time to buy Ethereum 🛒

Trump's DeFi project World Liberty Financial bought $220 million worth of ETH today 🤑

🫴 News Update on Tariffs

🇨🇳 China just got hit with a 10% tariff on its exports to the U.S., and it wasted no time hitting back. Beijing slapped its own 10% tariff on key American imports, restricted exports of high-tech minerals, and launched an antitrust probe into Google. The message is clear—China isn’t backing down.

🇨🇦 Trump was ready to hammer Canada with a 25% tariff on most imports but a last-minute deal put it on hold for a month. After a call with Trudeau, Trump said Canada agreed to beef up border security and crack down on fentanyl trafficking. Now both sides are gearing up for negotiations, but with no clear benchmarks, the situation remains unpredictable.

🇲🇽 Mexico also dodged a tariff bullet—for now. In exchange for a 30-day pause on the 25% tariff, President of Mexico agreed to deploy 10,000 National Guard troops to the U.S. border to target drug smuggling and illegal crossings.

In Ireland, the Department of Enterprise, Trade and Employment has appointed Niamh Smyth to the role of Minister to “promote digital transformation and AI” 🤖

But there's one problem: she admits that she's "never used ChatGPT or DeepSeek AI tools 🤦

Hey, it's not like any governments know what they are doing...

🆘 FTX will start creditor repayments on February 18th

These early reimbursements will only go to FTX creditors in the Bahamas process. Users in other categories will begin receiving payments on March 4.

FTX estate said it expects to have between $14.5 and $16.3 billion in cash available for distribution. Just imagine what will happen to the market when crypto users get their billions back 🧪

Trump's Crypto Czar David Sacks says they are evaluating a Strategic Bitcoin Reserve for the U.S. ❤️

Even a chicken can make $1,000 trading futures 🐓💸