Thread by @cyrilXBT

The secret strategy no one shares with you on how to find UNDERVALUED projects

Today I'll break down how to use @tokenterminal Step by step to keep you one step ahead of the others

Let's dive in 👇

#DEFI #tokenterminal

Go to @tokenterminal,

step 1

Go to their dashboard to find the following:

• Fees
• Price to fees ratio (P/F)
• Trends
• Revenue
• Price to sales ratio (P/S)
• Total value locked

Search for the 7d fees to identify the projects with the highest 7-day yield:

- Toggle fees in 7d.

- You have a list of the blockchains and protocols that are generating the highest fees right now.

- Make a note of everything!

Check the yield.

- Does that yield come from the fees themselves?
- How is it distributed?

Examine the P/F ratio.

This can reveal underutilized protocols.

On the basis of market size alone, protocols that generate a lot of fees may be undervalued.

Consider the 7d fee pattern.

Although you have seen the most costly projects, you definitely arrived here early.

• Change the 7d fees trend.

• Enables you to view the projects with the biggest charge increases during the last week.

• Take note of each of these initiatives!

Now that you have a list of protocols with high fees, you should look into the following:

• Community
• Team
• White papers
• Foundations
• Investors
• Market cap and trading activity
• Tokenomics
• Pros and cons
• Complaints

That's a wrap on how to use @tokenterminal to your advantage. 🫡

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