Cardano

Cardano ADA

Status: ListedInfrastructure
Token GradeAA
Overall Score: 51.1 /100Rank: 8 of 172
Disclosures AA6.79 /10
Performance AA7.52 /10

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Disclosures overview

Core Contributors

Legal & Financial

Tokenomics

Service Providers

Performance overview: market quality

Total Volume (as % of Market Cap)

Market Cap (USD)

Trade Volume (USD)

Trade Volume (prev. 30d avg)$815,201,272
Market Cap (prev. 30d avg)$8,799,091,798
Trade Volume / Market Cap5.63%
GradeAAAScore8.00Percentile30.41%

Depth +/- 2% (as a % of Market Cap)

Depth +/- 2% (USD) | Market Cap (USD)

Depth +/- 2% (prev. 30d avg)$499,366,641
Market Cap (prev. 30d avg)$8,799,091,798
Depth / Market Cap6.02%
GradeAAAScore10.00Percentile100.00%

Bid / Ask Spread (volume weighted spreads)

Bid / Ask Spread (%)

Exchange with Tightest SpreadsBinance
Volume Weighted Bid / Ask Spread (prev. 30 days)0.1151%
GradeAAAScore8.00Percentile94.74%

Price Performance

30D Change: -18.67%

Price (USD)

Count Green Candles13
Count Red Candles17
Candle "Win Rate"43.33%
GradeAScore5.00Percentile79.29%

Open Interest (as a % of Market Cap)

Top Venues by OI (prev. 30d avg)

Binance$98,455,065
Gate$88,476,126
Bybit (Futures)$67,271,581
Total (All Exchanges)$653,833,148
Open Interest / Market Cap5.64%
GradeAAScore6.00Percentile25.95%

Funding Rate

Funding Rate (%)

Open Interest-Weighted Funding Rate+0.0012%, longs pay shorts
GradeAAScore7.00Percentile84.71%

Performance overview: liquidity providers

Data not disclosed

Market Maker Volume (as a % of total volume)

N/A
GradeAAA
Score10.00
Percentile100.00%

Market Maker Depth (as a % of total depth)

N/A
GradeAAA
Score10.00
Percentile100.00%

Market Maker Uptime / KPI Adherence

N/A
GradeAAA
Score10.00
Percentile100.00%

Performance overview: liquidity footprint

Top-Tier Exchange Coverage

4 out of 4 (100%)BinanceOKXCoinbaseUpbit
GradeAAAScore10.00Percentile100.00%

Total Volume (CEX vs DEX)

Volume (USD)

CEX Volume (avg)$438,910,500
DEX Volume (avg)$4,554,798
CEX Volume share99.82%
GradeAScore5.00Percentile70.76%

Total +/- 2% Depth (CEX vs DEX)

+/- 2% Depth (USD)

CEX Depth (avg)$338,037,901
DEX Depth (avg)$1,268,931
CEX Depth share99.65%
GradeAScore5.00Percentile57.31%

Total Volume (Spot vs Perps)

Volume (USD)

Spot Volume (avg)$443,465,298
Perps Volume (avg)$549,333,889
Spot Volume share23.96%
GradeAAAScore8.00Percentile65.50%

Total +/- 2% Depth (Spot vs Perps)

+/- 2% Depth (USD)

Spot Depth (avg)$339,306,832
Perps Depth (avg)$57,607,818
Spot Depth share88.84%
GradeAAAScore10.00Percentile100.00%

Performance overview: tokenomics

Disclosed token vesting vs actual vesting

Disclosed TGE DateN/A
Disclosed Duration52 months
Disclosed Total Groups5
Disclosed Max. SupplyN/A

Disclosed Maximum Token Supply (%) | Months Since TGE

Commentary versus actual token vesting

Three of the five groups have complete, verifiable schedules — the public sale unlocked at redemption, IOHK published a three-tranche release it adopted voluntarily and honoured to the day, and the reserve releases at a fixed 0.3% of remaining balance per epoch under consensus code that nobody can override. What is thin is EMURGO and the Foundation: their terms appear only as a reported 12 to 18 month lock followed by multi-year release, with no per-entity cliff length or cadence published anywhere. Publishing those two schedules retrospectively, alongside a first-party page showing issuance to date against the reserve curve, would take this to the top of the range.

GradeCCCScore0.00Percentile0.00%

Market Cap vs FDV (ratio)

0.83:1
GradeAAA
Score10.00
Percentile100.00%

Fully Diluted Valuation (FDV) (USD)

$9,246,795,248
GradeAAA
Score10.00
Percentile100.00%
Data as of 2026-10-27Scoring config v4Rated 172 of 173 projects

UTR scores evaluate disclosure quality and token market structure. The score is informational and should not be interpreted as an assessment of expected returns or as an investment recommendation.