{
 "id": "chainflip",
 "symbol": "FLIP",
 "name": "Chainflip",
 "archetype": "Infrastructure",
 "archetype_reason": "category match: 'bridge governance tokens'",
 "contract": {
  "chain": "ethereum",
  "address": "0x826180541412d574cf1336d22c0c0a287822678a"
 },
 "price": {
  "price_usd": 0.278997,
  "ath_usd": 9.48,
  "ath_date": "2024-03-07T22:35:19.897Z",
  "market_cap": 24787295,
  "volume_24h": 97487,
  "price_chg_30d_pct": -13.09807,
  "price_chg_60d_pct": 27.68111,
  "price_chg_200d_pct": -37.34873,
  "coingecko_url": "https://www.coingecko.com/en/coins/chainflip"
 },
 "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 97% from ATH \u2014 reclaiming it needs 34.0\u00d7 from here. Historically ~3% of assets this deep reclaim ATH within 3y.",
  "drawdown_pct": 97.1,
  "reclaim_multiple": 34.0,
  "base_rate_label": "down 95%+",
  "base_rate": 0.03,
  "base_rate_provisional": true,
  "break_even_note": "Break-even to ATH needs 34.0\u00d7. (Pass --entry for break-even to your cost basis.)"
 },
 "structure": {
  "alive_score": 40.9,
  "aliveness": "WEAKENING",
  "aliveness_note": "Multiple systems weakening; the project is in decline.",
  "mechanical_aliveness": "WEAKENING",
  "band_capped": false,
  "confidence": "HIGH",
  "confidence_detail": "measuring 6 of 6 factors (100% of the weight that matters for a Infrastructure asset)"
 },
 "bottom_line": "Down 97%, aliveness reads WEAKENING. Being functional is not recovery \u2014 the reclaim base rate is ~3%.",
 "factors": [
  {
   "factor": "solvency",
   "label": "Structural solvency / liveness",
   "weight": 0.22,
   "status": "measured",
   "score": 33.3,
   "detail": "0 commits/4wk, 0 contributors, last commit 0d ago \u2014 development is slowing.",
   "note": ""
  },
  {
   "factor": "conviction",
   "label": "Holder conviction & overhead supply",
   "weight": 0.18,
   "status": "measured",
   "score": 54.1,
   "detail": "holders +42/30d (+0.9%, Bin 7/10 vs 114 Infrastructure peers), concentration HHI 0.195 (Bin 3/10 vs 64 Infrastructure peers) \u2014 holder base is holding steady. [Infrastructure bins, provisional]",
   "note": ""
  },
  {
   "factor": "liquidity",
   "label": "Liquidity / exitability",
   "weight": 0.18,
   "status": "measured",
   "score": 25.0,
   "detail": "$97,487/24h (Bin 3/10 vs 155 Infrastructure peers), 0.39% turnover (Bin 3/10) \u2014 exit liquidity is thin for its class \u2014 selling moves the price.",
   "note": ""
  },
  {
   "factor": "usage",
   "label": "Usage / demand",
   "weight": 0.2,
   "status": "measured",
   "score": 41.0,
   "detail": "55 active addresses/day (Bin 5/10 vs 51 Infrastructure peers), 30d trend -15.6% (Bin 4/10 vs 34 Infrastructure peers), data lagged 31d (provider tier) \u2014 usage is holding. [Infrastructure bins, provisional]",
   "note": ""
  },
  {
   "factor": "supply",
   "label": "Supply overhang & emissions",
   "weight": 0.12,
   "status": "measured",
   "score": 55,
   "detail": "99% of supply circulating (Bin 9/10 vs 156 Infrastructure peers), FDV/MC 1.0x (Bin 8/10), no max supply \u2014 meaningful dilution still to come \u2014 uncapped supply (perpetual emission risk, capped).",
   "note": ""
  },
  {
   "factor": "strength",
   "label": "Relative strength / narrative",
   "weight": 0.1,
   "status": "measured",
   "score": 45.0,
   "detail": "30d -13% (Bin 4/10 vs 156 Infrastructure peers), 200d -37% (Bin 6/10) \u2014 middle of its peer pack.",
   "note": ""
  }
 ],
 "warnings": [
  "Base rate is PROVISIONAL (placeholder, not yet calibrated). Directional only.",
  "Recent whale activity signal on the record (2026-05-25) \u2014 not reflected in the score; check before acting.",
  "Recent risk alert signal on the record (2026-04-21) \u2014 not reflected in the score; check before acting."
 ]
}