market-analysis

DeFi Market Analysis

Valuation Ratios

Pre-computed in defillama:get_protocol_metrics and defillama:get_category_metrics:

• ps_ratio = mcap / annualised revenue. Lower = potentially undervalued relative to revenue.
• pf_ratio = mcap / annualised fees. Lower = more fee-efficient valuation.

Growth Screening

Use *_pct_change columns for momentum analysis. Values are decimals (0.35 = +35%, -0.13 = -13%).

Available windows: *_7d_pct_change, *_30d_pct_change, *_90d_pct_change

Metrics with pct_change: tvl_base, fees_1d, revenue_1d, price, volume_dexs_1d

Sort by any pct_change column to find fastest movers.

Protocol Comparison

Use array params for side-by-side comparison in a single call:

defillama:get_protocol_metrics(
  protocol: ["aave", "compound-v3", "morpho"],
  metrics: ["tvl_base", "fees_1d", "revenue_1d", "ps_ratio"]
)

This returns one row per protocol, which is more efficient than calling once per protocol.

Category Comparison

Use defillama:get_category_metrics to compare DeFi sectors:

defillama:get_category_metrics(
  category: "Lending",
  metrics: ["tvl_base", "fees_1d", "protocol_count"]
)

Call once per category in parallel for side-by-side comparison.

Token Sector Screening

Use defillama:get_token_prices for token-level analysis:

defillama:get_token_prices(token: "coingecko:ethereum", period: "30d")

Historical Trends

Use period for trend analysis:

• Short-term: 7d or 30d
• Medium-term: 90d or 180d
• Long-term: 365d
• Custom range: start_date / end_date (YYYY-MM-DD) overrides period

Historical queries return daily data points with a date column.

Cross-Entity Analysis

Compare across entity types using parallel tool calls:

• "ETH price vs Ethereum TVL" -> defillama:get_token_prices + defillama:get_chain_metrics
• "Aave TVL vs AAVE token price" -> defillama:get_protocol_metrics + defillama:get_token_prices
• "Lending vs DEX category" -> two defillama:get_category_metrics calls in parallel

Examples

Example 1: User: "Most undervalued DeFi protocols by P/S ratio" Tool call: defillama:get_protocol_metrics(sort_by: "ps_ratio asc", limit: 20, metrics: ["tvl_base", "revenue_1d", "ps_ratio", "mcap"])

Example 2: User: "Which protocols grew TVL most in last 30 days?" Tool call: defillama:get_protocol_metrics(sort_by: "tvl_base_30d_pct_change desc", limit: 10, metrics: ["tvl_base", "tvl_base_30d_pct_change"])

Example 3: User: "Compare Aave and Compound fees" Tool call: defillama:get_protocol_metrics(protocol: ["aave", "compound-v3"], metrics: ["tvl_base", "fees_1d", "revenue_1d"])

Example 4: User: "Compare Lending vs DEX fees and TVL" Tool call: defillama:get_category_metrics(category: ["Lending", "DEX"], metrics: ["tvl_base", "fees_1d", "revenue_1d"])

Example 5: User: "Aave TVL trend over 90 days" Tool call: defillama:get_protocol_metrics(protocol: "aave", metrics: ["tvl_base"], period: "90d")

Example 6: User: "Aave fees in Q1 2025" Tool call: defillama:get_protocol_metrics(protocol: "aave", metrics: ["fees_1d"], start_date: "2025-01-01", end_date: "2025-03-31")