$SRM is still alive, but barely. It’s outperforming similar coins (up 12% over 30 days, up 34% over 200 days) — but unissued supply hangs over the price (fully diluted valuation 26.8x the market cap), and holders are leaving (-66 in 30 days, -0.1%) — the profile of a project in decline. The price is down 100% from its all-time high.
break-even from here: +206,820% $100 held here would need to become $206,920 just to get back — and 97 out of 100 coins that fall this deep never see their old high again.
01is anyone still building it?structural solvency / liveness33/100
Someone is still building, but activity is thin.
0 commits/4wk27 contributorslast commit 765d ago— development is slowing.
02are holders staying or leaving?holder conviction & overhead supply20/100
Holders are leaving.
holders -66/30d · -0.1% · bin 3/10concentration HHI 0.737 · bin 1/10— holders are leaving — conviction is draining. [DeFi / Protocol bins, provisional]
03could you actually sell?liquidity / exitability31/100
You could sell, but it would sting.
$2,616/24h · bin 4/100.11% turnover · bin 3/10— liquidity is light for its class.
04is anyone actually using it?usage / demand59/100
Some real usage.
36 active addresses/day · bin 4/1030d trend +193.1% · bin 10/10— usage is holding. [DeFi / Protocol bins, provisional]
05how much more will be printed?supply overhang & emissions5/100
Heavy future supply hangs over the price.
4% of supply circulating · bin 1/10FDV/MC 26.8x · bin 1/10— heavy unminted/uncapped supply hangs over every holder.
06how is it doing vs similar coins?relative strength / narrative90/100
Outperforming similar coins.
30d+12% · bin 9/10200d+34% · bin 10/10— outperforming its peer group.
terms used above — hover or tap any:
03 · COMMON QUESTIONSanswers generated from this coin’s frozen readout · not advice
Is Serum ($SRM) dead?
Not dead yet, but core systems are impaired. As of 2026-07-14, Serum scores 38/100 on bagcheck’s structural aliveness scan — IMPAIRED. Core systems are impaired — this looks like a project in decline. Aliveness measures whether the project still works, not whether the price recovers.
Is Serum a good investment?
bagcheck doesn’t rate investments — this is information, not advice. What the frozen record shows as of 2026-07-14: a structural aliveness score of 38/100 (IMPAIRED), a price 100% below its all-time high, a drawdown cohort (down 95%+) in which historically only ~3% of coins ever reclaimed their high. What you do with that is yours.
Will Serum ($SRM) recover?
Nobody can predict price, and bagcheck doesn’t try. Historically, of coins down 95%+ (3-year window), about 3% reclaimed their all-time high; break-even to ATH from the scan price needs +206,820%. The IMPAIRED aliveness read says whether the project still works — a precondition for recovery, not a promise of it.
MEMBERS · ENGINE BOTTOM LINEthe engine’s verbatim verdict — not rendered publicly
