DeFi Development Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec '25 Dec 26, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Market Capitalization	181	7	10	-	-	-
Market Cap Growth	2233.36%	-33.31%	-	-	-	-
Enterprise Value	302	4	5	-	-	-
Last Close Price	5.76	0.69	1.18	-	-	-
PS Ratio	10.97	3.27	5.14	-	-	-
PB Ratio	0.65	1.96	1.77	-	-	-
P/TBV Ratio	0.75	2.73	2.27	-	-	-
EV/Sales Ratio	40.18	1.88	2.28	-	-	-
Debt / Equity Ratio	0.54	0.00	0.01	0.21	-	-
Asset Turnover	0.03	0.38	0.50	1.35	1.53	-
Quick Ratio	0.12	5.15	7.65	4.97	22.23	24.42
Current Ratio	2.04	5.52	7.84	5.01	22.26	24.62
Return on Equity (ROE)	56.66%	-58.53%	-106.41%	-267.11%	-1134.33%	-
Return on Assets (ROA)	23.14%	-33.01%	-53.06%	-67.30%	-50.77%	-
Return on Capital (ROIC)	29.54%	-38.84%	-65.27%	-203.40%	-462.67%	-
Return on Capital Employed (ROCE)	22.70%	-77.20%	-56.70%	-152.00%	-59.40%	55.30%
Earnings Yield	38.81%	-39.71%	-32.77%	-	-	-
FCF Yield	-4.00%	-35.51%	-15.51%	-	-	-
Payout Ratio	-	-	-	-	-	165.89%
Buyback Yield / Dilution	-82.80%	-32.05%	-22.80%	-3.43%	-	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q