{
 "id": "jupiter-exchange-solana",
 "symbol": "JUP",
 "name": "Jupiter",
 "archetype": "DeFi / Protocol",
 "archetype_reason": "category match: 'decentralized finance (defi)'",
 "contract": {
  "chain": "solana",
  "address": "JUPyiwrYJFskUPiHa7hkeR8VUtAeFoSYbKedZNsDvCN"
 },
 "price": {
  "price_usd": 0.202561,
  "ath_usd": 2.0,
  "ath_date": "2024-01-31T15:02:47.304Z",
  "market_cap": 672685700,
  "volume_24h": 19462884,
  "price_chg_30d_pct": 16.32603,
  "price_chg_60d_pct": -8.51424,
  "price_chg_200d_pct": 1.13225,
  "coingecko_url": "https://www.coingecko.com/en/coins/jupiter-exchange-solana"
 },
 "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 90% from ATH \u2014 reclaiming it needs 9.9\u00d7 from here. Historically ~8% of assets this deep reclaim ATH within 3y.",
  "drawdown_pct": 89.9,
  "reclaim_multiple": 9.9,
  "base_rate_label": "down 85-95%",
  "base_rate": 0.08,
  "base_rate_provisional": true,
  "break_even_note": "Break-even to ATH needs 9.9\u00d7. (Pass --entry for break-even to your cost basis.)"
 },
 "structure": {
  "alive_score": 50.5,
  "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 DeFi / Protocol asset)"
 },
 "bottom_line": "Down 90%, aliveness reads WEAKENING. Being functional is not recovery \u2014 the reclaim base rate is ~8%.",
 "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": 15.0,
   "detail": "holders -2,985/30d (-0.3%, Bin 2/10 vs 278 DeFi / Protocol peers), data lagged 31d (provider tier) \u2014 holders are leaving \u2014 conviction is draining. [DeFi / Protocol bins, provisional]",
   "note": ""
  },
  {
   "factor": "liquidity",
   "label": "Liquidity / exitability",
   "weight": 0.18,
   "status": "measured",
   "score": 79.0,
   "detail": "$19,462,884/24h (Bin 10/10 vs 358 DeFi / Protocol peers), 2.89% turnover (Bin 6/10) \u2014 tradeable.",
   "note": ""
  },
  {
   "factor": "usage",
   "label": "Usage / demand",
   "weight": 0.2,
   "status": "measured",
   "score": 71.0,
   "detail": "15,847 active addresses/day (Bin 10/10 vs 113 DeFi / Protocol peers), 30d trend -17.6% (Bin 4/10 vs 72 DeFi / Protocol peers), data lagged 31d (provider tier) \u2014 usage is strong for its peer group. [DeFi / Protocol bins, provisional]",
   "note": ""
  },
  {
   "factor": "supply",
   "label": "Supply overhang & emissions",
   "weight": 0.12,
   "status": "measured",
   "score": 30.0,
   "detail": "33% of supply circulating (Bin 3/10 vs 360 DeFi / Protocol peers), FDV/MC 2.1x (Bin 4/10) \u2014 meaningful dilution still to come.",
   "note": ""
  },
  {
   "factor": "strength",
   "label": "Relative strength / narrative",
   "weight": 0.1,
   "status": "measured",
   "score": 85.0,
   "detail": "30d +16% (Bin 9/10 vs 360 DeFi / Protocol peers), 200d +1% (Bin 9/10) \u2014 outperforming its peer group.",
   "note": ""
  }
 ],
 "warnings": [
  "Base rate is PROVISIONAL (placeholder, not yet calibrated). Directional only."
 ]
}