A valuation experiment focused on real protocol revenue has narrowed its list to just two names: Jupiter and Orca. The only detail disclosed in the source is the outcome of the screening process, which reduced an initial pool of 300 candidates to the final pair. No extra information was provided on the methodology, time frame, revenue definition, or the metrics used to judge the projects. Based on the available text, the report can only state that Jupiter and Orca were the last remaining protocols after what was described as a rigorous review. The source did not disclose whether the screen covered decentralized exchanges, broader DeFi projects, or another subset of the crypto market.
A valuation experiment centered on real protocol revenue has narrowed its field to just two projects: Jupiter and Orca.
According to the source, a rigorous screening process reduced an initial group of 300 candidates to the final two names. The source did not provide additional detail on the screening criteria, valuation framework, time period, or revenue methodology.
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