ProtoLedger Terminal

Interactive blockchain ranking by Monetary Fitness (M) and System Soundness (S)

UNCALIBRATED — awaiting v4 re-assessment

Index view → What changed →

Ranking preset:

Layer C filters (show only assets matching a disclosure)

Property weights (0 = exclude · 5 = highest weight)

Layer A — Monetary Fitness

A1 Acceptability & Liquidity 1

A2 Value Stability 1

A3 Usability & Safety 1

A4 Portability & Divisibility 1

A5 Fungibility 1

A6 Recognizability 1

A7 Cost Efficiency & Capacity 1

Layer B — System Soundness

B1 Supply Integrity 1

B2 Settlement Assurance 1

B3 Resilience, Liveness & Capacity 1

B4 No Single Point of Control 1

B5 Rule Auditability 1

B6 Forward Security Margin 1

B7 No Invisible Rent 1

B8 Capture-Resistant Rule-Change 1

B9 Resource Proportionality 1

B10 Claim Enforceability 1

Default view: rank, chain, M, S, flags. No-JS: full property matrix is always shown.

Chain	M/10	S/10	A1	A2	A3	A4	A5	A6	A7	B1	B2	B3	B4	B5	B6	B7	B8	B9	B10	Flags
USDC USDC	7.3	5.2	9 Acceptability & Liquidity 9/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	9 Value Stability 9/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	6 Usability & Safety 6/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	8 Portability & Divisibility 8/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	4 Fungibility 4/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	8 Recognizability 8/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	7 Cost Efficiency & Capacity 7/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	6 Supply Integrity 6/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	7 Settlement Assurance 7/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	6 Resilience, Liveness & Capacity 6/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	1 No Single Point of Control 1/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	6 Rule Auditability 6/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	4 Forward Security Margin 4/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	6 No Invisible Rent 6/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	3 Capture-Resistant Rule-Change 3/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	8 Resource Proportionality 8/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	—	UNCAL B1/B2<7 privacy_posture: Transparent identity_model: Pseudonymous (KYC at ramps) issuance_ethic: Reserve-backed / discretionary consensus_cost: Inherits host chain governance_model: Institutional (Circle) autonomy_accountability: High accountability (freeze authority)
Tether USDT	7.3	5.0	9 Acceptability & Liquidity 9/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	9 Value Stability 9/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	6 Usability & Safety 6/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	8 Portability & Divisibility 8/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	4 Fungibility 4/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	8 Recognizability 8/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	7 Cost Efficiency & Capacity 7/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	5 Supply Integrity 5/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	7 Settlement Assurance 7/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	6 Resilience, Liveness & Capacity 6/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	1 No Single Point of Control 1/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	5 Rule Auditability 5/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	4 Forward Security Margin 4/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	6 No Invisible Rent 6/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	3 Capture-Resistant Rule-Change 3/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	8 Resource Proportionality 8/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	—	UNCAL B1/B2<7 privacy_posture: Transparent identity_model: Pseudonymous (KYC at ramps) issuance_ethic: Reserve-backed / discretionary consensus_cost: Inherits host chain governance_model: Institutional (issuer) autonomy_accountability: High accountability (freeze authority)
Dai DAI	6.9	6.6	7 Acceptability & Liquidity 7/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	8 Value Stability 8/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	6 Usability & Safety 6/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	8 Portability & Divisibility 8/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	6 Fungibility 6/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	7 Recognizability 7/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	6 Cost Efficiency & Capacity 6/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	6 Supply Integrity 6/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	8 Settlement Assurance 8/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	7 Resilience, Liveness & Capacity 7/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	6 No Single Point of Control 6/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	8 Rule Auditability 8/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	4 Forward Security Margin 4/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	5 No Invisible Rent 5/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	6 Capture-Resistant Rule-Change 6/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	9 Resource Proportionality 9/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	—	UNCAL B1/B2<7 privacy_posture: Transparent identity_model: Pseudonymous issuance_ethic: Collateral rule-bound consensus_cost: Inherits Ethereum governance_model: On-chain vote (Sky/Maker) autonomy_accountability: Moderate (USDC-collateral dependency)
Solana SOL	6.4	5.9	7 Acceptability & Liquidity 7/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	3 Value Stability 3/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	5 Usability & Safety 5/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	8 Portability & Divisibility 8/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	5 Fungibility 5/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	8 Recognizability 8/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	9 Cost Efficiency & Capacity 9/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	6 Supply Integrity 6/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	8 Settlement Assurance 8/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	5 Resilience, Liveness & Capacity 5/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	5 No Single Point of Control 5/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	7 Rule Auditability 7/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	4 Forward Security Margin 4/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	4 No Invisible Rent 4/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	5 Capture-Resistant Rule-Change 5/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	9 Resource Proportionality 9/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	—	UNCAL B1/B2<7 privacy_posture: Transparent identity_model: Pseudonymous issuance_ethic: Rule-bound elastic consensus_cost: Proof-of-Stake governance_model: On-chain + foundation autonomy_accountability: Moderate autonomy
Bitcoin BTC	6.1	8.1	8 Acceptability & Liquidity 8/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	3 Value Stability 3/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	5 Usability & Safety 5/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	7 Portability & Divisibility 7/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	6 Fungibility 6/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	9 Recognizability 9/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	5 Cost Efficiency & Capacity 5/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	10 Supply Integrity 10/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	8 Settlement Assurance 8/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	10 Resilience, Liveness & Capacity 10/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	10 No Single Point of Control 10/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	9 Rule Auditability 9/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	4 Forward Security Margin 4/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	8 No Invisible Rent 8/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	9 Capture-Resistant Rule-Change 9/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	5 Resource Proportionality 5/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	—	UNCAL privacy_posture: Transparent (pseudonymous) identity_model: Pseudonymous issuance_ethic: Fixed cap consensus_cost: Proof-of-Work governance_model: Ossified autonomy_accountability: High autonomy
Monero XMR	6.1	7.3	5 Acceptability & Liquidity 5/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	3 Value Stability 3/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	5 Usability & Safety 5/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	7 Portability & Divisibility 7/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	10 Fungibility 10/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	7 Recognizability 7/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	6 Cost Efficiency & Capacity 6/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	8 Supply Integrity 8/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	8 Settlement Assurance 8/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	8 Resilience, Liveness & Capacity 8/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	9 No Single Point of Control 9/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	9 Rule Auditability 9/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	5 Forward Security Margin 5/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	7 No Invisible Rent 7/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	7 Capture-Resistant Rule-Change 7/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	5 Resource Proportionality 5/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	—	UNCAL A1<7 privacy_posture: Total untraceability (mandatory) identity_model: Anonymous issuance_ethic: Rule-bound (tail emission) consensus_cost: PoW (RandomX) governance_model: Off-chain / community autonomy_accountability: High autonomy
Zcash ZEC	6.1	7.0	5 Acceptability & Liquidity 5/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	3 Value Stability 3/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	5 Usability & Safety 5/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	7 Portability & Divisibility 7/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	10 Fungibility 10/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	7 Recognizability 7/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	6 Cost Efficiency & Capacity 6/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	8 Supply Integrity 8/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	8 Settlement Assurance 8/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	7 Resilience, Liveness & Capacity 7/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	8 No Single Point of Control 8/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	9 Rule Auditability 9/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	5 Forward Security Margin 5/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	7 No Invisible Rent 7/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	6 Capture-Resistant Rule-Change 6/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	5 Resource Proportionality 5/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	—	UNCAL A1<7 privacy_posture: Optional shielded (fungibility-grade) identity_model: Pseudonymous/anonymous issuance_ethic: Fixed cap consensus_cost: Proof-of-Work governance_model: Off-chain + foundation autonomy_accountability: High autonomy
Stellar XLM	6.1	5.9	5 Acceptability & Liquidity 5/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	3 Value Stability 3/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	6 Usability & Safety 6/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	9 Portability & Divisibility 9/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	5 Fungibility 5/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	6 Recognizability 6/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	9 Cost Efficiency & Capacity 9/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	5 Supply Integrity 5/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	9 Settlement Assurance 9/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	6 Resilience, Liveness & Capacity 6/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	4 No Single Point of Control 4/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	6 Rule Auditability 6/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	4 Forward Security Margin 4/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	6 No Invisible Rent 6/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	4 Capture-Resistant Rule-Change 4/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	9 Resource Proportionality 9/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	—	UNCAL A1<7 B1/B2<7 privacy_posture: Transparent identity_model: Pseudonymous issuance_ethic: Pre-allocated (fixed) consensus_cost: SCP (federated) governance_model: Institutional (SDF) autonomy_accountability: Accountability-leaning
Dogecoin DOGE	6.1	5.8	5 Acceptability & Liquidity 5/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	2 Value Stability 2/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	6 Usability & Safety 6/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	8 Portability & Divisibility 8/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	6 Fungibility 6/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	8 Recognizability 8/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	8 Cost Efficiency & Capacity 8/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	3 Supply Integrity 3/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	7 Settlement Assurance 7/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	7 Resilience, Liveness & Capacity 7/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	6 No Single Point of Control 6/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	8 Rule Auditability 8/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	4 Forward Security Margin 4/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	7 No Invisible Rent 7/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	5 Capture-Resistant Rule-Change 5/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	5 Resource Proportionality 5/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	—	UNCAL A1<7 B1/B2<7 privacy_posture: Transparent identity_model: Pseudonymous issuance_ethic: Unbounded tail inflation consensus_cost: PoW (merge-mined) governance_model: Ossified / minimal autonomy_accountability: High autonomy
XRP XRP	6.1	5.4	6 Acceptability & Liquidity 6/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	3 Value Stability 3/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	6 Usability & Safety 6/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	8 Portability & Divisibility 8/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	5 Fungibility 5/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	7 Recognizability 7/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	8 Cost Efficiency & Capacity 8/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	5 Supply Integrity 5/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	8 Settlement Assurance 8/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	6 Resilience, Liveness & Capacity 6/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	4 No Single Point of Control 4/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	5 Rule Auditability 5/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	4 Forward Security Margin 4/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	5 No Invisible Rent 5/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	4 Capture-Resistant Rule-Change 4/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	8 Resource Proportionality 8/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	—	UNCAL A1<7 B1/B2<7 privacy_posture: Transparent identity_model: Pseudonymous issuance_ethic: Pre-allocated + escrow consensus_cost: RPCA (federated) governance_model: Institutional (Ripple-influenced) autonomy_accountability: Accountability-leaning
World Liberty USD1 USD1	6.1	4.8	6 Acceptability & Liquidity 6/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	8 Value Stability 8/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	5 Usability & Safety 5/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	8 Portability & Divisibility 8/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	3 Fungibility 3/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	6 Recognizability 6/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	7 Cost Efficiency & Capacity 7/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	5 Supply Integrity 5/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	7 Settlement Assurance 7/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	5 Resilience, Liveness & Capacity 5/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	1 No Single Point of Control 1/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	5 Rule Auditability 5/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	4 Forward Security Margin 4/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	6 No Invisible Rent 6/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	2 Capture-Resistant Rule-Change 2/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	8 Resource Proportionality 8/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	—	UNCAL A1<7 B1/B2<7 privacy_posture: Transparent identity_model: Pseudonymous (KYC at ramps) issuance_ethic: Reserve-backed / discretionary consensus_cost: Inherits host chains governance_model: Institutional (WLFI/BitGo) autonomy_accountability: Very high accountability (froze addresses Jun 2026)
Ethereum ETH	6.0	7.1	8 Acceptability & Liquidity 8/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	3 Value Stability 3/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	5 Usability & Safety 5/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	7 Portability & Divisibility 7/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	6 Fungibility 6/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	9 Recognizability 9/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	4 Cost Efficiency & Capacity 4/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	7 Supply Integrity 7/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	8 Settlement Assurance 8/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	9 Resilience, Liveness & Capacity 9/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	8 No Single Point of Control 8/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	9 Rule Auditability 9/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	4 Forward Security Margin 4/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	4 No Invisible Rent 4/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	6 Capture-Resistant Rule-Change 6/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	9 Resource Proportionality 9/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	—	UNCAL privacy_posture: Transparent identity_model: Pseudonymous issuance_ethic: Rule-bound elastic consensus_cost: Proof-of-Stake governance_model: Off-chain / foundation autonomy_accountability: Moderate autonomy
TRON TRX	6.0	5.1	6 Acceptability & Liquidity 6/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	3 Value Stability 3/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	5 Usability & Safety 5/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	8 Portability & Divisibility 8/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	5 Fungibility 5/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	6 Recognizability 6/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	9 Cost Efficiency & Capacity 9/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	5 Supply Integrity 5/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	8 Settlement Assurance 8/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	6 Resilience, Liveness & Capacity 6/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	3 No Single Point of Control 3/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	5 Rule Auditability 5/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	4 Forward Security Margin 4/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	4 No Invisible Rent 4/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	3 Capture-Resistant Rule-Change 3/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	8 Resource Proportionality 8/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	—	UNCAL A1<7 B1/B2<7 privacy_posture: Transparent identity_model: Pseudonymous issuance_ethic: Issuer-influenced consensus_cost: DPoS governance_model: Institutional (Sun-influenced) autonomy_accountability: Accountability-leaning
BNB BNB	6.0	5.0	6 Acceptability & Liquidity 6/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	3 Value Stability 3/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	5 Usability & Safety 5/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	8 Portability & Divisibility 8/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	5 Fungibility 5/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	7 Recognizability 7/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	8 Cost Efficiency & Capacity 8/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	5 Supply Integrity 5/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	8 Settlement Assurance 8/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	5 Resilience, Liveness & Capacity 5/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	3 No Single Point of Control 3/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	5 Rule Auditability 5/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	4 Forward Security Margin 4/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	4 No Invisible Rent 4/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	3 Capture-Resistant Rule-Change 3/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	8 Resource Proportionality 8/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	—	UNCAL A1<7 B1/B2<7 privacy_posture: Transparent identity_model: Pseudonymous issuance_ethic: Rule-bound + burns consensus_cost: PoS (BNB Chain) governance_model: Institutional (Binance) autonomy_accountability: Accountability-leaning
Cardano ADA	5.9	6.8	5 Acceptability & Liquidity 5/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	3 Value Stability 3/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	5 Usability & Safety 5/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	8 Portability & Divisibility 8/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	5 Fungibility 5/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	7 Recognizability 7/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	8 Cost Efficiency & Capacity 8/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	7 Supply Integrity 7/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	7 Settlement Assurance 7/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	7 Resilience, Liveness & Capacity 7/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	6 No Single Point of Control 6/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	8 Rule Auditability 8/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	5 Forward Security Margin 5/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	6 No Invisible Rent 6/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	6 Capture-Resistant Rule-Change 6/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	9 Resource Proportionality 9/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	—	UNCAL A1<7 privacy_posture: Transparent identity_model: Pseudonymous issuance_ethic: Rule-bound (fixed cap) consensus_cost: PoS (Ouroboros) governance_model: On-chain vote autonomy_accountability: Moderate autonomy
Toncoin TON	5.7	5.8	5 Acceptability & Liquidity 5/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	3 Value Stability 3/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	5 Usability & Safety 5/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	8 Portability & Divisibility 8/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	5 Fungibility 5/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	6 Recognizability 6/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	8 Cost Efficiency & Capacity 8/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	5 Supply Integrity 5/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	8 Settlement Assurance 8/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	6 Resilience, Liveness & Capacity 6/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	5 No Single Point of Control 5/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	6 Rule Auditability 6/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	4 Forward Security Margin 4/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	5 No Invisible Rent 5/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	5 Capture-Resistant Rule-Change 5/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	8 Resource Proportionality 8/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	—	UNCAL A1<7 B1/B2<7 privacy_posture: Transparent identity_model: Pseudonymous issuance_ethic: Rule-bound elastic consensus_cost: BFT PoS governance_model: Foundation autonomy_accountability: Moderate autonomy
Hyperliquid HYPE	5.3	4.8	4 Acceptability & Liquidity 4/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	3 Value Stability 3/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	4 Usability & Safety 4/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	7 Portability & Divisibility 7/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	5 Fungibility 5/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	6 Recognizability 6/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	8 Cost Efficiency & Capacity 8/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	5 Supply Integrity 5/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	9 Settlement Assurance 9/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	4 Resilience, Liveness & Capacity 4/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	2 No Single Point of Control 2/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	4 Rule Auditability 4/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	4 Forward Security Margin 4/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	4 No Invisible Rent 4/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	3 Capture-Resistant Rule-Change 3/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	8 Resource Proportionality 8/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	—	UNCAL A1<7 B1/B2<7 privacy_posture: Transparent identity_model: Pseudonymous issuance_ethic: Fixed genesis + buyback/burn consensus_cost: HyperBFT (~25 validators) governance_model: Team/foundation autonomy_accountability: Low autonomy (intervention precedent)
UNUS SED LEO LEO	4.9	4.3	3 Acceptability & Liquidity 3/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	4 Value Stability 4/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	4 Usability & Safety 4/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	7 Portability & Divisibility 7/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	4 Fungibility 4/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	5 Recognizability 5/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	7 Cost Efficiency & Capacity 7/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	4 Supply Integrity 4/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	7 Settlement Assurance 7/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	4 Resilience, Liveness & Capacity 4/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	1 No Single Point of Control 1/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	4 Rule Auditability 4/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	4 Forward Security Margin 4/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	5 No Invisible Rent 5/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	2 Capture-Resistant Rule-Change 2/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	8 Resource Proportionality 8/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	—	UNCAL A1<7 B1/B2<7 privacy_posture: Transparent identity_model: Pseudonymous issuance_ethic: Pre-allocated + buyback/burn consensus_cost: Inherits host chain governance_model: Institutional (Bitfinex) autonomy_accountability: High accountability
Canton CC	4.7	5.7	3 Acceptability & Liquidity 3/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	4 Value Stability 4/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	4 Usability & Safety 4/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	6 Portability & Divisibility 6/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	5 Fungibility 5/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	4 Recognizability 4/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	7 Cost Efficiency & Capacity 7/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	6 Supply Integrity 6/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	9 Settlement Assurance 9/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	6 Resilience, Liveness & Capacity 6/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	3 No Single Point of Control 3/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	4 Rule Auditability 4/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	5 Forward Security Margin 5/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	6 No Invisible Rent 6/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	4 Capture-Resistant Rule-Change 4/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	8 Resource Proportionality 8/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	—	UNCAL A1<7 B1/B2<7 privacy_posture: Configurable / institutional privacy identity_model: Verified (permissioned) issuance_ethic: Burn-mint, no premine consensus_cost: BFT (Global Synchronizer) governance_model: Institutional (Canton Foundation) autonomy_accountability: High accountability
Chainlink LINK	4.7	5.3	3 Acceptability & Liquidity 3/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	3 Value Stability 3/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	4 Usability & Safety 4/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	7 Portability & Divisibility 7/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	5 Fungibility 5/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	6 Recognizability 6/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	5 Cost Efficiency & Capacity 5/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	5 Supply Integrity 5/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	7 Settlement Assurance 7/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	6 Resilience, Liveness & Capacity 6/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	4 No Single Point of Control 4/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	6 Rule Auditability 6/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	4 Forward Security Margin 4/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	5 No Invisible Rent 5/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	4 Capture-Resistant Rule-Change 4/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	7 Resource Proportionality 7/10 UNCALIBRATED — v1 expert judgment, no evidence yet.	—	UNCAL A1<7 B1/B2<7 privacy_posture: Transparent identity_model: Pseudonymous issuance_ethic: Pre-allocated consensus_cost: Oracle network (on ETH) governance_model: Institutional (Chainlink Labs) autonomy_accountability: Accountability-leaning

Score markers: ~ = speculative (open research problem; score is a ceiling, not current reality) · ● = buildable (technology exists, not yet deployed at scale)

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Assets marked UNCAL carry UNCALIBRATED expert-judgment estimates, awaiting v4 re-assessment. Adjusting weights changes the ranking, not the underlying scores. Methodology →