{
 "id": "chip-2",
 "symbol": "CHIP",
 "name": "USD.AI",
 "archetype": "DeFi / Protocol",
 "archetype_reason": "category match: 'decentralized finance (defi)'",
 "contract": {
  "chain": "arbitrum-one",
  "address": "0x0c1c1c109fe34733fca54b82d7b46b75cfb71f6e"
 },
 "price": {
  "price_usd": 0.03000367,
  "ath_usd": 0.138378,
  "ath_date": "2026-04-23T01:40:51.032Z",
  "market_cap": 60000711,
  "volume_24h": 9942356,
  "price_chg_30d_pct": -6.68227,
  "price_chg_60d_pct": -48.17127,
  "price_chg_200d_pct": 0.0,
  "coingecko_url": "https://www.coingecko.com/en/coins/chip-2"
 },
 "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 78% from ATH \u2014 reclaiming it needs 4.6\u00d7 from here. Historically ~18% of assets this deep reclaim ATH within 3y.",
  "drawdown_pct": 78.4,
  "reclaim_multiple": 4.6,
  "base_rate_label": "down 70-85%",
  "base_rate": 0.18,
  "base_rate_provisional": true,
  "break_even_note": "Break-even to ATH needs 4.6\u00d7. (Pass --entry for break-even to your cost basis.)"
 },
 "structure": {
  "alive_score": 58.6,
  "aliveness": "STRAINED",
  "aliveness_note": "Still functioning, but showing strain in one or more systems.",
  "mechanical_aliveness": "STRAINED",
  "band_capped": false,
  "confidence": "MEDIUM",
  "confidence_detail": "measuring 5 of 6 factors (78% of the weight that matters for a DeFi / Protocol asset)"
 },
 "bottom_line": "Down 78%, 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": "pending",
   "score": null,
   "detail": "",
   "note": "dev activity (wired); treasury runway, fees/revenue (v1)"
  },
  {
   "factor": "conviction",
   "label": "Holder conviction & overhead supply",
   "weight": 0.18,
   "status": "measured",
   "score": 70.5,
   "detail": "holders +50/30d (+12.6%, Bin 10/10 vs 278 DeFi / Protocol peers), concentration HHI 0.503 (Bin 1/10 vs 123 DeFi / Protocol peers) \u2014 holders are accumulating against the drawdown. [DeFi / Protocol bins, provisional]",
   "note": ""
  },
  {
   "factor": "liquidity",
   "label": "Liquidity / exitability",
   "weight": 0.18,
   "status": "measured",
   "score": 85.0,
   "detail": "$9,942,356/24h (Bin 9/10 vs 358 DeFi / Protocol peers), 16.57% turnover (Bin 9/10) \u2014 tradeable.",
   "note": ""
  },
  {
   "factor": "usage",
   "label": "Usage / demand",
   "weight": 0.2,
   "status": "measured",
   "score": 47.0,
   "detail": "196 active addresses/day (Bin 8/10 vs 113 DeFi / Protocol peers), 30d trend -51.9% (Bin 1/10 vs 72 DeFi / Protocol peers), data lagged 31d (provider tier) \u2014 usage is holding. [DeFi / Protocol bins, provisional]",
   "note": ""
  },
  {
   "factor": "supply",
   "label": "Supply overhang & emissions",
   "weight": 0.12,
   "status": "measured",
   "score": 15.0,
   "detail": "20% of supply circulating (Bin 2/10 vs 360 DeFi / Protocol peers), FDV/MC 5.0x (Bin 2/10) \u2014 heavy unminted/uncapped supply hangs over every holder.",
   "note": ""
  },
  {
   "factor": "strength",
   "label": "Relative strength / narrative",
   "weight": 0.1,
   "status": "measured",
   "score": 65.0,
   "detail": "30d -7% (Bin 5/10 vs 360 DeFi / Protocol peers), 200d +0% (Bin 9/10) \u2014 outperforming its peer group.",
   "note": ""
  }
 ],
 "warnings": [
  "Base rate is PROVISIONAL (placeholder, not yet calibrated). Directional only."
 ]
}