{
 "id": "trustswap",
 "symbol": "SWAP",
 "name": "TrustSwap",
 "archetype": "DeFi / Protocol",
 "archetype_reason": "category match: 'decentralized finance (defi)'",
 "contract": {
  "chain": "ethereum",
  "address": "0xcc4304a31d09258b0029ea7fe63d032f52e44efe"
 },
 "price": {
  "price_usd": 0.0422808,
  "ath_usd": 5.0,
  "ath_date": "2021-04-16T04:42:53.319Z",
  "market_cap": 4227863,
  "volume_24h": 184137,
  "price_chg_30d_pct": -10.24588,
  "price_chg_60d_pct": -21.51095,
  "price_chg_200d_pct": -0.46588,
  "coingecko_url": "https://www.coingecko.com/en/coins/trustswap"
 },
 "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 99% from ATH \u2014 reclaiming it needs 118.3\u00d7 from here. Historically ~3% of assets this deep reclaim ATH within 3y.",
  "drawdown_pct": 99.2,
  "reclaim_multiple": 118.3,
  "base_rate_label": "down 95%+",
  "base_rate": 0.03,
  "base_rate_provisional": true,
  "break_even_note": "Break-even to ATH needs 118.3\u00d7. (Pass --entry for break-even to your cost basis.)"
 },
 "structure": {
  "alive_score": 49.8,
  "aliveness": "IMPAIRED",
  "aliveness_note": "Core systems impaired; consistent with a project in decline.",
  "mechanical_aliveness": "WEAKENING",
  "band_capped": true,
  "confidence": "MEDIUM",
  "confidence_detail": "measuring 5 of 6 factors (78% of the weight that matters for a DeFi / Protocol asset)"
 },
 "bottom_line": "Down 99%, aliveness reads IMPAIRED. Being functional is not recovery \u2014 the reclaim base rate is ~3%.",
 "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": 29.7,
   "detail": "holders -154/30d (-0.9%, Bin 1/10 vs 278 DeFi / Protocol peers), 2% of supply in profit (Bin 6/10 vs 41 DeFi / Protocol peers), 30d exchange netflow +0.14% of supply (Bin 5/10 vs 38 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": 59.0,
   "detail": "$184,137/24h (Bin 6/10 vs 358 DeFi / Protocol peers), 4.36% turnover (Bin 7/10) \u2014 liquidity is light for its class.",
   "note": ""
  },
  {
   "factor": "usage",
   "label": "Usage / demand",
   "weight": 0.2,
   "status": "measured",
   "score": 27.0,
   "detail": "36 active addresses/day (Bin 4/10 vs 113 DeFi / Protocol peers), 30d trend -44.8% (Bin 2/10 vs 72 DeFi / Protocol peers), data lagged 31d (provider tier) \u2014 usage is draining away. [DeFi / Protocol bins, provisional]",
   "note": ""
  },
  {
   "factor": "supply",
   "label": "Supply overhang & emissions",
   "weight": 0.12,
   "status": "measured",
   "score": 100.0,
   "detail": "Supply fully circulating and capped \u2014 no emission overhang.",
   "note": ""
  },
  {
   "factor": "strength",
   "label": "Relative strength / narrative",
   "weight": 0.1,
   "status": "measured",
   "score": 55.0,
   "detail": "30d -10% (Bin 4/10 vs 360 DeFi / Protocol peers), 200d -0% (Bin 8/10) \u2014 middle of its peer pack.",
   "note": ""
  }
 ],
 "warnings": [
  "Base rate is PROVISIONAL (placeholder, not yet calibrated). Directional only."
 ]
}