{
 "id": "layerzero",
 "symbol": "ZRO",
 "name": "LayerZero",
 "archetype": "Infrastructure",
 "archetype_reason": "category match: 'cross-chain communication'",
 "contract": {
  "chain": "ethereum",
  "address": "0x6985884c4392d348587b19cb9eaaf157f13271cd"
 },
 "price": {
  "price_usd": 0.859325,
  "ath_usd": 7.47,
  "ath_date": "2024-12-06T14:15:52.674Z",
  "market_cap": 303610920,
  "volume_24h": 14058687,
  "price_chg_30d_pct": -8.16692,
  "price_chg_60d_pct": -38.91824,
  "price_chg_200d_pct": -32.59528,
  "coingecko_url": "https://www.coingecko.com/en/coins/layerzero"
 },
 "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 88% from ATH \u2014 reclaiming it needs 8.7\u00d7 from here. Historically ~8% of assets this deep reclaim ATH within 3y.",
  "drawdown_pct": 88.5,
  "reclaim_multiple": 8.7,
  "base_rate_label": "down 85-95%",
  "base_rate": 0.08,
  "base_rate_provisional": true,
  "break_even_note": "Break-even to ATH needs 8.7\u00d7. (Pass --entry for break-even to your cost basis.)"
 },
 "structure": {
  "alive_score": 66.7,
  "aliveness": "WEAKENING",
  "aliveness_note": "Multiple systems weakening; the project is in decline.",
  "mechanical_aliveness": "STRAINED",
  "band_capped": true,
  "confidence": "MEDIUM",
  "confidence_detail": "measuring 5 of 6 factors (78% of the weight that matters for a Infrastructure asset)"
 },
 "bottom_line": "Down 88%, 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": "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": 80.5,
   "detail": "holders +456/30d (+1.9%, Bin 8/10 vs 114 Infrastructure peers), concentration HHI 0.028 (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": 75.0,
   "detail": "$14,058,687/24h (Bin 10/10 vs 155 Infrastructure peers), 4.63% turnover (Bin 5/10) \u2014 tradeable.",
   "note": ""
  },
  {
   "factor": "usage",
   "label": "Usage / demand",
   "weight": 0.2,
   "status": "measured",
   "score": 77.0,
   "detail": "305 active addresses/day (Bin 9/10 vs 51 Infrastructure peers), 30d trend +12.6% (Bin 7/10 vs 34 Infrastructure peers), data lagged 31d (provider tier) \u2014 usage is strong for its peer group. [Infrastructure bins, provisional]",
   "note": ""
  },
  {
   "factor": "supply",
   "label": "Supply overhang & emissions",
   "weight": 0.12,
   "status": "measured",
   "score": 30.0,
   "detail": "35% of supply circulating (Bin 4/10 vs 156 Infrastructure peers), FDV/MC 2.8x (Bin 3/10) \u2014 meaningful dilution still to come.",
   "note": ""
  },
  {
   "factor": "strength",
   "label": "Relative strength / narrative",
   "weight": 0.1,
   "status": "measured",
   "score": 50.0,
   "detail": "30d -8% (Bin 5/10 vs 156 Infrastructure peers), 200d -33% (Bin 6/10) \u2014 middle of its peer pack.",
   "note": ""
  }
 ],
 "warnings": [
  "Base rate is PROVISIONAL (placeholder, not yet calibrated). Directional only.",
  "Recent risk alert signal on the record (2026-07-01) \u2014 not reflected in the score; check before acting."
 ]
}