#kilo FDV Valuation

Core Business Data

https://app.kiloex.io/stats

TVL: 44.44M

daily volume: 60M ~ 90M

FDV based on 2x TVL is 88.88M, which is roughly the current price.

What multiple is appropriate is a matter of speculation.

For example, the Storm on the ton chain is only 0.55.

For example, Synthetix (https://defillama.com/protocol/synthetix#information ) is 2.78.

For example, the leading hyperliquid (https://defillama.com/protocol/hyperliquid) is 48.

daily volume indicates that Kilo's volume is decent, and can be considered in the first tier. Comparable to Drift and GMX. But it's uncertain how much of that volume is inflated.

Conclusion: If FDV drops to a valuation of 1x TVL, it could be a good entry point, as the risk-reward ratio would be appropriate. Corresponding coin price is 0.04444.