Ajna Protocol AJNA

Revenue fading

Revenue −99% over 30 days.

Lending, Mode, Ethereum, Hemi +11, 148 days of data

Not in the main ranking: Market cap below $1M

Market cap

$557k

price $0.000672 · 7d −22.7% · 30d +0.7%

FDV $658k (1.2× market cap)

source defillama

Buyback revenue / year

$2k

holders revenue of the last 30 days, $151, × 365 ÷ 30

Buyback + burnbuyback share 46%

Buys back 0.1% of its market cap a year, using 46¢ of every $1 it earns.

Multiple

804×

peer median 100× (Lending, 4 tokens), against 804× here

Run-rate

∞

last 7 days $0 × 52 = $0 a year

What we checked

Valuation
Multiple 804×, 8.0× more expensive than its Lending peers (median 100×, 4 tokens). It is itself the largest earner in the group. On total revenue: 372×, 13.1× dearer than the revenue peer median.
Distribution
Buyback + burn: Revenue buys the token on the market and the bought tokens are burned. Holders got $151 of $326 revenue in 30 days → buyback share 46%. DefiLlama: “Token Buy Back: AJNA token burns that reduce circulating supply, benefiting all token holders”
Sustainability
Holders were paid on 5 of 30 days (17%); largest single day 62% of the month's holders revenue (one day carries the month, so the multiple is not a steady pace); paid to holders this week: 0% of the best week in 90 days (more than half below peak). Revenue −100% over 7 days and −99% over 30 days, price +1% over 30 days.

What this does not tell you

The figures come from DefiLlama's adapter for each child protocol. Only a few tokens have an on-chain check (see How the buyback really works); for the rest, whether the tokens were really bought, burned or parked in a treasury wallet is not checked here. Unlocks count where DefiLlama or our research has a vesting schedule; team discretion and liquidity depth only once researched.

Flags

One-day spikeone day made 62% of the 30-day holders revenue. The multiple does not show a steady pace, so the token stays out of the Cheap lens and buy signals
Payout >50% below peakthis week's holders revenue is 0% of its best week in the last 90 days ($290)

How the buyback really works

Not researched yet. Everything above comes from DefiLlama and market data only.

Holders revenue / revenue (30d): $151 / $326; last 30 closed days
To holders: Buys back 0.1% of its market cap a year
FDV / dilution: $658k / 1.2×; FDV ÷ market cap
Price 7d / 30d: −22.7% / +0.7%
Revenue growth 7d / 30d: −100% / −99%; versus the period before
Divergence: 0.00; revenue growth minus price growth, 30d
DEX liquidity: $2k; DexScreener, representative pools
24h volume: $5; all markets, CoinGecko
Unlocks 30d: —; unlocks not tracked yet
Revenue multiple: 372×; market cap ÷ revenue per year
Fee multiple: 347×; market cap ÷ fees per year
Distance to peak: 0%; this week ÷ best week of 90 days
Data since: Jun 18; first day with holders revenue

Holders revenue and price

Holders revenue per day7-day averagePrice (right axis)

Multiple over time

today 804× (scored) · peer median 100×

Market cap at close ÷ (holders revenue of the previous 30 days × 365 ÷ 30), with holders revenue capped at revenue and × the type factor: the same effective multiple as the peer median. Values above 100× are drawn at the top. Bands as on the meter; dashed line = peer median today.

Signal history

No signals for this token yet.

Versus peers

Lending · 1 tokens · median multiple 100×

Main-ranking peers only. Multiples count holders revenue capped at revenue, × the type factor (buyback 1 · buyback + burn 1 · burn 0.75 · mixed 0.75 · distribution 0.5 · unclear 0.5 · ve-distribution 0.25).

This token against its main-ranking peers: multiple, revenue multiple, buyback share, holders revenue, market cap and revenue growth
Token	Distribution	Multiple	Revenue multiple	Buyback share	To holders 30d	Market cap	Rev. growth 30d
Ajna Protocolleaderthis token	Buyback + burn	804×	372×	46%	$151	$557k	−99%

Score build-up23 of 100

Total score = 35% valuation + 25% momentum + 20% divergence + 20% quality − penalties, clamped to 0–100. Every number here can be recomputed from the figures on this page.

23of 100 one or more parts are the neutral 50

Valuation 0.0Momentum 12.5Divergence 10.0Quality 0.0= 22.5

Valuation35%

0Valuation 0.0: HR half 0.0 (multiple 804.39×; 100 at ≤3×, 0 at ≥100×, log scale), revenue half 0.0 (revenue peer value 0.08×; 0 at ≤0.33×, 50 at 1×, 100 at ≥3×, log scale).Average of two halves. HR half: linear in log(multiple), 100 at ≤ 3×, 0 at ≥ 100×, 0 without effective HR. Revenue half: linear in log(revenue peer value), 0 at ≤ 0.33×, 50 at 1×, 100 at ≥ 3×; neutral 50 when the peer group falls back to the universe.

Momentum25%capped

50Momentum 0.0: m = 0.5·g7 −1.500 + 0.3·(ln(day jump 0.00) clamped ±1.5 = −1.500) + 0.2·g30 −1.500 = −1.500; 0 at ≤−0.7, 50 at 0, 100 at ≥1.1.m = 0.5·g7 + 0.3·ln(day jump, clamped ±1.5) + 0.2·g30; 0 at m ≤ −0.7, 50 at 0, 100 at ≥ 1.1. Neutral 50 when g7 or g30 is missing; a missing day jump counts as 0.

Divergence20%capped

50Divergence 0.0: d = g30 − p30 = 0.000; 0 at ≤0, 100 at ≥1.5.d = max(0, g30 − p30) when g30 > 0; 0 at d ≤ 0, 100 at d ≥ 1.5, linear.

Quality20%

0Quality 0.0: mean of days HR>0 17% → 0.0 (0 at ≤30%, 100 at ≥90%), largest day 62% of HR30 → 0.0 (0 at ≥60%, 100 at ≤15%), distance to peak 0.00 → 0.0 (0 at ≤0.25, 100 at ≥0.9).Average of: share of days with HR > 0 (0 at ≤ 30%, 100 at ≥ 90%), 1 − largest day ÷ HR30 (0 at ≥ 60%, 100 at ≤ 15%) and distance to peak (0 at ≤ 0.25, 100 at ≥ 0.9).

One-day spike: largest day 62% of the HR window: Momentum 0.0 → 50, Divergence 0.0 → 50.

HR7 is below 50% of its 90-day peak: momentum and divergence are capped at 50. This is not a penalty; the distance already counts in quality.

Penaltiesnone

No penalty applies — 10 rules checked, 3 wait for research data

Where the numbers come from

Revenue source: 2 active children; DefiLlama adapter per child
Price and market cap: coingecko / defillama; latest fetch
Scored on: October 3, 2026; as-of date of the last compute run
On-chain verified: not yet; not checked yet

Protocols behind this token2 at DefiLlama

Per protocol: DefiLlama's methodology text, the distribution type we read from it and the sentence that decided it. The token takes the type of the protocol that returns the most to holders.

Ajna V1
Lending · Ethereum
type buyback-burn · source label
“Token Buy Back: AJNA token burns that reduce circulating supply, benefiting all token holders”
Accumulated reserves auctioned periodically to buy back and burn AJNA tokens (off-statement; funded by prior periods' reserves)
Token Buy Back
AJNA token burns that reduce circulating supply, benefiting all token holders
adapter on GitHub ↗
Ajna V2
Lending · Mode, Ethereum, Hemi, Blast, BSC, Base, Gnosis, Rari, OP Mainnet, Polygon, Linea, Avalanche, Filecoin, Arbitrum
type buyback-burn · source label
“Token Buy Back: AJNA token burns that reduce circulating supply, benefiting all token holders”
Accumulated reserves auctioned periodically to buy back and burn AJNA tokens
Token Buy Back
AJNA token burns that reduce circulating supply, benefiting all token holders
adapter on GitHub ↗