Detecting DeFi Risk, Before It Breaks
Chains · Scorecard v1.0

Chain Ratings

Base networks graded on the same three axes as every protocol — Solvency, Legitimacy and Growth — with inputs suited to a chain: fee revenue against new issuance, stake concentration, supply pressure, outage history, client diversity and governance. The credit grade is Solvency. Each page also explains how the network's revenue reaches the coin. Sorted by Solvency score.

Chains Rated 9 (more being added in batches) Data As Of November 12, 2026 Scale AAA → D · BBB and above is investment grade
ChainDeFi TVL Credit Grade (Solvency)Legitimacy Growth OutlookRevenue To CoinWeakest Axis
Ethereum ETH $40.9B BBB 68.3 AA BB Burn + staker payout · Low Growth · BB
TRON TRX $4.9B BBB 62.5 BB BB Burn · Medium Legitimacy · BB
Cardano ADA $0.05B BBB 61.5 A CCC Staker payout + treasury · None Growth · CCC
Avalanche AVAX $0.61B BB 57.5 BBB CCC Burn · Low Growth · CCC
NEAR Protocol NEAR $0.16B BB 54.8 BBB BB Burn + buyback · Medium Growth · BB
TON GRAM $0.05B BB 54.5 BB B Partial burn · None Growth · B
Solana SOL $5B BB 53 BBB B Partial burn + staker payout · Low Growth · B
Hedera HBAR $0.02B B 41.8 BB CCC Treasury + staker payout · None Growth · CCC
Sui SUI $0.41B B 40.5 BB CCC Staker payout · Low Growth · CCC

Revenue To Coin shows the mechanism by which network fees benefit the token and how strong that link is today (High, Medium, Low or None). It is described on each page and is not scored separately. Chains scorecard v1.0, provisional. Base networks are graded on the same three axes and AAA-to-D scale as DeFi protocols, with inputs suited to a chain. Fee, TVL and share figures come from DefiLlama as of November 12, 2026; the 0–10 inputs are analyst estimates from public sources and judgment. Growth leans on DeFi TVL and fee revenue, which understates chains used mainly for payments. Every input should be verified before being relied upon. Not covered: Bitcoin, stablecoins and asset-backed tokens, exchange tokens and meme coins. DeFi protocols are in All Protocol Ratings.