DefiLlama has rolled out a universal token ratings dashboard in partnership with Forgd, a Web3 investment banking and advisory platform. The dashboard assigns scores from 0 to 100 to more than 100 DeFi tokens and also maps those scores to letter grades ranging from AAA to CCC, using a format modeled on traditional credit ratings. According to the brief, the ratings are updated on an ongoing basis as token-related metrics change. The stated goal is to standardize how crypto tokens are assessed and give traders and investors a more transparent, consistent yardstick. DefiLlama said the product is designed to improve transparency and trust in DeFi, where measurement standards often vary across metrics and platforms.
DefiLlama has launched a universal token ratings dashboard with Forgd, a Web3 investment banking and advisory platform, according to ChainCatcher.
The dashboard rates more than 100 DeFi tokens using a 0-100 scoring system and assigns letter grades from AAA to CCC in a format modeled on traditional credit ratings. Those ratings are updated continuously based on changing token-related metrics.
The dashboard is intended to standardize the way crypto tokens are evaluated and give traders and investors a transparent, uniform benchmark. DefiLlama said the product is aimed at improving transparency and trust in DeFi, where metric standards often differ.
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