{
 "id": "chainlink",
 "symbol": "LINK",
 "name": "Chainlink",
 "archetype": "Infrastructure",
 "archetype_reason": "category match: 'oracle'",
 "contract": {
  "chain": "ethereum",
  "address": "0x514910771af9ca656af840dff83e8264ecf986ca"
 },
 "price": {
  "price_usd": 7.98,
  "ath_usd": 52.7,
  "ath_date": "2021-05-10T00:13:57.214Z",
  "market_cap": 5970726433,
  "volume_24h": 148378422,
  "price_chg_30d_pct": 0.78407,
  "price_chg_60d_pct": -22.28782,
  "price_chg_200d_pct": -35.20162,
  "coingecko_url": "https://www.coingecko.com/en/coins/chainlink"
 },
 "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": "DEEP",
  "line": "Down 85% from ATH \u2014 reclaiming it needs 6.6\u00d7 from here. Historically ~18% of assets this deep reclaim ATH within 3y.",
  "drawdown_pct": 84.9,
  "reclaim_multiple": 6.6,
  "base_rate_label": "down 70-85%",
  "base_rate": 0.18,
  "base_rate_provisional": true,
  "break_even_note": "Break-even to ATH needs 6.6\u00d7. (Pass --entry for break-even to your cost basis.)"
 },
 "structure": {
  "alive_score": 76.7,
  "aliveness": "STRAINED",
  "aliveness_note": "Still functioning, but showing strain in one or more systems.",
  "mechanical_aliveness": "FUNCTIONAL",
  "band_capped": true,
  "confidence": "HIGH",
  "confidence_detail": "measuring 6 of 6 factors (100% of the weight that matters for a Infrastructure asset)"
 },
 "bottom_line": "Down 85%, aliveness reads STRAINED. Being functional is not recovery \u2014 the reclaim base rate is ~18%.",
 "factors": [
  {
   "factor": "solvency",
   "label": "Structural solvency / liveness",
   "weight": 0.22,
   "status": "measured",
   "score": 100.0,
   "detail": "87 commits/4wk, 173 contributors, last commit 0d ago \u2014 actively developed.",
   "note": ""
  },
  {
   "factor": "conviction",
   "label": "Holder conviction & overhead supply",
   "weight": 0.18,
   "status": "measured",
   "score": 80.5,
   "detail": "holders +19,274/30d (+2.2%, Bin 8/10 vs 114 Infrastructure peers), concentration HHI 0.011 (Bin 10/10 vs 64 Infrastructure peers) \u2014 holders are accumulating against the drawdown. [Infrastructure bins, provisional]",
   "note": ""
  },
  {
   "factor": "liquidity",
   "label": "Liquidity / exitability",
   "weight": 0.18,
   "status": "measured",
   "score": 71.0,
   "detail": "$148,378,422/24h (Bin 10/10 vs 155 Infrastructure peers), 2.49% turnover (Bin 4/10) \u2014 tradeable.",
   "note": ""
  },
  {
   "factor": "usage",
   "label": "Usage / demand",
   "weight": 0.2,
   "status": "measured",
   "score": 71.0,
   "detail": "3,235 active addresses/day (Bin 10/10 vs 51 Infrastructure peers), 30d trend -11.5% (Bin 4/10 vs 34 Infrastructure peers) \u2014 usage is strong for its peer group. [Infrastructure bins, provisional]",
   "note": ""
  },
  {
   "factor": "supply",
   "label": "Supply overhang & emissions",
   "weight": 0.12,
   "status": "measured",
   "score": 60.0,
   "detail": "75% of supply circulating (Bin 7/10 vs 156 Infrastructure peers), FDV/MC 1.3x (Bin 6/10) \u2014 limited dilution risk.",
   "note": ""
  },
  {
   "factor": "strength",
   "label": "Relative strength / narrative",
   "weight": 0.1,
   "status": "measured",
   "score": 60.0,
   "detail": "30d +1% (Bin 7/10 vs 156 Infrastructure peers), 200d -35% (Bin 6/10) \u2014 outperforming its peer group.",
   "note": ""
  }
 ],
 "warnings": [
  "Base rate is PROVISIONAL (placeholder, not yet calibrated). Directional only."
 ]
}