How the Clever Score Works

Methodology v1.0 — locked July 2, 2026. The factors, thresholds, and math below are frozen; any future change becomes a new, clearly-labeled version.

The score in one paragraph

Every coin is graded 0–100 from 30 factors across 5 pillars— tokenomics, on-chain health, technical momentum, capital flow, and liquidity & risk — each factor scored 1–10 against fixed, pre-registered thresholds. Pillars blend into the overall score using your chosen profile (Conservative, Balanced, Aggressive, or Elite custom weights). Scores refresh every ~4 hours across our full universe of 1,000 real cryptocurrencies — no stablecoins, wrapped tokens, staked derivatives, or tokenized funds.

Honesty rules

  • No fake data. Every factor is backed by a named source (CoinGecko, DefiLlama, Santiment, CryptoQuant, Dune, GitHub) or computed transparently from price history.
  • Not applicable ≠ missing.A store-of-value coin has no TVL; Bitcoin has no “strength vs Bitcoin.” Structurally inapplicable factors are excluded from the math entirely — never scored as failures.
  • Thin data gets dampened.Coins with few measurable factors are pulled toward a neutral 50 by a confidence system, so a coin can’t post an extreme score off a handful of data points.

Pillar 1: Tokenomics & Value Accrual (balanced weight 20%)

Supply structure and whether holders are positioned to capture value — dilution risk, unlock overhangs, inflation, and where the market sits versus on-chain cost basis.

FDV / Market Cap RatioCoinGecko

How much future dilution is priced in — fully-diluted value vs today's cap.

Vesting / Unlock ScheduleCoinGecko

Whether large token unlocks loom that could flood supply.

Annual Supply InflationCoinGecko

How fast new tokens enter circulation and dilute holders.

Real Staking YieldCurated research

Staking APR minus inflation — the yield that's actually real. Only applies to proof-of-stake assets.

MVRV (Market vs Realized Value)Santiment + proprietary proxy

Price versus the average on-chain cost basis — stretched or undervalued.

Overhead Trauma Index (OTI)Santiment + proprietary proxy

Share of supply underwater — trapped sellers waiting to exit into strength.

Pillar 2: On-Chain Health (balanced weight 20%)

Is the network actually being used and built on? Real usage, real fees, real developers — the fundamentals that survive market cycles.

TVL GrowthDefiLlama

Capital deposited into the protocol's contracts, 30-day trend. Applies to chains and DeFi.

Developer ActivitySantiment + GitHub + CoinGecko

Development events / commits over 30 days — is anyone still building?

Fee Revenue GrowthDefiLlama

Real fees paid to use the protocol — demand that can't be faked. Applies to fee-generating assets.

Market Cap / Active UserCryptoQuant + Santiment + Dune

What the market pays per real daily user — valuation per participant.

Network Adoption TrendCryptoQuant + Santiment + Dune

30-day growth in active addresses — expanding or shrinking user base.

Rank VelocityClever Crypto history

Market-cap rank change over 30 days — climbing or slipping vs the whole market.

Pillar 3: Quantitative & Technical Momentum (balanced weight 20%)

Price structure across timeframes — trend, volatility state, momentum, and volume confirmation, plus our proprietary risk-adjusted momentum measures.

Trend Alignment (EMA 10/34/200)Computed from price history

Whether short, medium and long trends agree — confirmed uptrends score highest.

Volatility State (ATR%)Computed from price history

Current volatility vs its own history — coiled spring or already exploded.

Momentum (RSI)Computed from price history

Overbought / oversold positioning on the daily chart.

OBV DivergenceComputed from price history

Volume-flow divergences that often front-run price reversals.

Clever MomentumClever Crypto

Proprietary: 90-day return divided by volatility — a crypto Sharpe ratio rewarding durable gains.

Weekly Momentum RankClever Crypto

Proprietary: the coin's weekly risk-adjusted momentum ranked against every coin we score.

Pillar 4: Market & Capital Flow (balanced weight 20%)

Where capital is rotating — relative strength against Bitcoin and sector peers, volume-weighted money flow, and large-holder movement.

Relative Strength vs BTCClever Crypto

90-day performance versus Bitcoin — the benchmark every trader actually uses.

Relative Strength vs SectorClever Crypto

Proprietary: performance versus the coin's own sector average — leader or laggard among peers.

Volume Money-FlowClever Crypto

Volume on up-days vs down-days — is capital flowing in or being distributed?

Whale MovementSantiment + Dune

Trend in $100k+ on-chain transfers — rising or falling large-holder activity.

Clever Score MomentumClever Crypto history

Proprietary: the trend of the coin's own Clever Score — fundamentals improving or deteriorating.

Sector MomentumClever Crypto history

Proprietary: average score trend across the coin's sector — sector rotation from our own universe.

Pillar 5: Liquidity & Risk (balanced weight 20%)

Can you actually trade it safely? Liquidity depth and authenticity, downside behavior, listing quality, and holder concentration.

Liquidity Quality IndexClever Crypto

Proprietary composite: venue breadth, spread tightness, and concentration.

Volume AuthenticityClever Crypto

Share of volume on tight-spread credible venues — filters wash trading.

Drawdown ResilienceClever Crypto

Where price sits in its 90-day range — how it holds up under stress.

Exchange Tier QualityClever Crypto

Listings on elite exchanges with strict standards (Binance, Coinbase, Kraken…) vs broad-listing venues.

Volatility / BTC BetaComputed from price history

How violently the coin moves relative to Bitcoin.

Holder ConcentrationSantiment + Dune

Share of supply in the largest wallets — extreme concentration flags dump risk.

Does it work? The backtest

After locking v1.0 we recomputed historical scores at 36 monthly dates (May 2023 – April 2026, 281 coins, 6,013 coin-months) using only data knowable at each date, then measured forward returns. High-scoring coins beat Bitcoin roughly 40–50% of the time versus ~31–33% for low-scoring coins — and the typical low-score coin lost double digits over 90 days.

Score quintile at scoring dateBeat BTC over next 90dMedian 90d return
Q1 (lowest scores)33%−6.0%
Q235%−4.5%
Q336%−1.4%
Q441%0.0%
Q5 (highest scores)40%0.0%

Full disclosure: the backtest recomputes the 13 factors derivable from price/volume history (the remaining 17 use provider history that isn’t available retroactively and are treated as missing, exactly as the live engine treats them); the universe is today’s top coins, so results carry survivorship bias toward coins that lived; and results vary by regime — the 2024 memecoin bull was the noisiest period, the 2025–26 market the cleanest. Backtested performance is not a guarantee of future results.

What the Clever Score is not

The Clever Score is a research tool, not financial advice and not a buy/sell signal. It measures quality and momentum characteristics across public data; it cannot know your risk tolerance, time horizon, or the future. Crypto assets can lose most or all of their value. Do your own research.