Hybra Finance V4 β Statistical Analysis
Hybra Finance V4 demonstrates modest market traction with a relatively low TVL and high volume turnover, indicating potential for growth.
Updated: Β· Data Window: 24h / 7d / 30d (varies by metric availability)
1. Market Overview
Hybra Finance V4 has a Total Value Locked (TVL) of $125.9K, with a 24h TVL change of 0.45%. The protocol's 24h trading volume stands at $4.6M, with a market capitalization of $30.6M. These metrics suggest a relatively small but growing market presence.
2. Capital Efficiency
The Volume/TVL ratio is 36.5x, indicating a high turnover of assets. This suggests that the protocol's liquidity is being actively utilized, but may also indicate a lack of sticky capital. Further analysis is needed to determine the implications of this metric.
3. Liquidity & Pair Spread
With 18 listed coins and 35 trading pairs, the protocol's liquidity is somewhat concentrated. The average liquidity per pair is $131.4K, which is relatively low. This may indicate a need for additional liquidity provision or incentives to attract more market makers.
4. Chain Dominance
Hybra Finance V4's TVL is currently deployed on the Kujira chain, with a total value of $125.9K. This indicates a high degree of chain dominance, which may pose risks to the protocol's decentralization and security.
5. Analyst Verdict
Overall, Hybra Finance V4 demonstrates some positive trends, including high volume turnover and a growing market presence. However, the protocol's low TVL, concentrated liquidity, and chain dominance pose risks to its long-term sustainability. A trust score of N/A and 0 audits also raise concerns about the protocol's security and transparency.