Phoenix
70 Likely match B-Trading terminals add perps without building a matching engine. Photon earned $274K in revenue over 30 days; Phoenix earned $140 in revenue over 30 days.
Trading App
Photon
- Revenue, 30 days $274K
- Fees, 30 days $274K
- Daily vs month ago -75.0%
- Revenue, 1 year $11.6M
- X followers 108.0K
Scores
Investment target 45 Toss-up D and Foundation support 25 Likely pass F
| Input | Value | Weight | What it measures | |
|---|---|---|---|---|
| Revenue strength | 77 | 35% | Percentile of 30-day revenue among Solana projects (log scale) | |
| Momentum | 0 | 25% | 1-month change in revenue (fees if no revenue), -50% maps to 0, +100% to 100 | |
| Value to Solana | 53 | 20% | Percentile of 30-day fees paid by users, a proxy for transactions and priority fees the project drives | |
| Developer velocity | n/a | 10% | Percentile of 30-day commits across linked public repos | |
| Reach | 30 | 10% | Percentile of X followers among tracked accounts | |
| Public infrastructure | 0 | 20% | 100 when the project is core client, tooling, oracle, bridge or staking infrastructure (Foundation score only) |
Analysis Scores are computed by Ecosystem IQ from the inputs above. They rank projects against each other and are not investment advice.
Key people
No named people found in the sources scanned so far.