{
 "id": "allianceblock-nexera",
 "symbol": "NXRA",
 "name": "Nexera",
 "archetype": "RWA",
 "archetype_reason": "category match: 'real world assets (rwa)'",
 "contract": {
  "chain": "ethereum",
  "address": "0x644192291cc835a93d6330b24ea5f5fedd0eef9e"
 },
 "price": {
  "price_usd": 0.00150609,
  "ath_usd": 0.286244,
  "ath_date": "2024-03-26T12:42:11.439Z",
  "market_cap": 1876581,
  "volume_24h": 3885.1,
  "price_chg_30d_pct": -19.6999,
  "price_chg_60d_pct": -61.65576,
  "price_chg_200d_pct": -72.42356,
  "coingecko_url": "https://www.coingecko.com/en/coins/allianceblock-nexera"
 },
 "provenance": {
  "batch_date": "2026-07-14",
  "bagcheck_version": "0.17.1",
  "snapshot_id": "2026-07-14 v16",
  "label": "scored monthly \u00b7 batch of 2026-07-14"
 },
 "refused": false,
 "reclaim": {
  "severity": "NEAR-TOTAL LOSS",
  "line": "Down 100% from ATH \u2014 reclaiming it needs 190.1\u00d7 from here. Historically ~3% of assets this deep reclaim ATH within 3y.",
  "drawdown_pct": 99.5,
  "reclaim_multiple": 190.1,
  "base_rate_label": "down 95%+",
  "base_rate": 0.03,
  "base_rate_provisional": true,
  "break_even_note": "Break-even to ATH needs 190.1\u00d7. (Pass --entry for break-even to your cost basis.)"
 },
 "structure": {
  "alive_score": 19.4,
  "aliveness": "FAILING",
  "aliveness_note": "Structural failure; consistent with assets that did not come back.",
  "mechanical_aliveness": "FAILING",
  "band_capped": false,
  "confidence": "MEDIUM",
  "confidence_detail": "measuring 5 of 6 factors (75% of the weight that matters for a RWA asset)"
 },
 "bottom_line": "Down 100%, aliveness reads FAILING. Being functional is not recovery \u2014 the reclaim base rate is ~3%.",
 "factors": [
  {
   "factor": "solvency",
   "label": "Structural solvency / liveness",
   "weight": 0.25,
   "status": "pending",
   "score": null,
   "detail": "",
   "note": "dev activity (wired); treasury runway, fees/revenue (v1)"
  },
  {
   "factor": "conviction",
   "label": "Holder conviction & overhead supply",
   "weight": 0.15,
   "status": "measured",
   "score": 22.1,
   "detail": "holders -5/30d (-0.0%, Bin 2/10 vs 180 RWA peers), MVRV 0.05 (Bin 4/10 vs 227 universe peers), 30d exchange netflow +0.37% of supply (Bin 2/10 vs 189 universe peers), data lagged 31d (provider tier) \u2014 holders are leaving \u2014 conviction is draining. [RWA/universe bins, provisional]",
   "note": ""
  },
  {
   "factor": "liquidity",
   "label": "Liquidity / exitability",
   "weight": 0.18,
   "status": "measured",
   "score": 15.0,
   "detail": "$3,885/24h (Bin 2/10 vs 215 RWA peers), 0.21% turnover (Bin 2/10) \u2014 exit liquidity is thin for its class \u2014 selling moves the price.",
   "note": ""
  },
  {
   "factor": "usage",
   "label": "Usage / demand",
   "weight": 0.12,
   "status": "measured",
   "score": 21.0,
   "detail": "36 active addresses/day (Bin 3/10 vs 37 RWA peers), 30d trend -55.2% (Bin 2/10 vs 25 RWA peers), data lagged 31d (provider tier) \u2014 usage is draining away. [RWA bins, provisional]",
   "note": ""
  },
  {
   "factor": "supply",
   "label": "Supply overhang & emissions",
   "weight": 0.2,
   "status": "measured",
   "score": 25.0,
   "detail": "62% of supply circulating (Bin 3/10 vs 265 RWA peers), FDV/MC 1.1x (Bin 3/10) \u2014 heavy unminted/uncapped supply hangs over every holder.",
   "note": ""
  },
  {
   "factor": "strength",
   "label": "Relative strength / narrative",
   "weight": 0.1,
   "status": "measured",
   "score": 10.0,
   "detail": "30d -20% (Bin 2/10 vs 265 RWA peers), 200d -72% (Bin 1/10) \u2014 lagging its peer group badly.",
   "note": ""
  }
 ],
 "warnings": [
  "Base rate is PROVISIONAL (placeholder, not yet calibrated). Directional only."
 ]
}