
This coin appears fairly priced according to our fundamental analysis.
Contribution to the current score, not a cause of price changes.
Developer Activity, Capital Locked (MCap / TVL), Protocol Fees (MCap / Annual Fees)
Unrecorded inputs are not scored as zero.
10/13 · 74% model weight
Nov 3, 2026, 4:00 PM UTC
Coverage is not predictive confidence. Security audits, reserves and unlock schedules are outside this score.
Inspect the breakdownCheck source quality10/13 components · 74% measured model weight
Not measured: Capital Locked (MCap / TVL), Protocol Fees (MCap / Annual Fees), Developer Activity. Missing components are excluded; their weights are redistributed across measured components.
CoinGecko
Within the time threshold
Nov 3, 2026, 3:19 PM UTC
Age when checked: 1.4 h · Advisory threshold: 2 h
Used by 10 components.
GitHub REST API (CoinGecko repository reference)
Time missing
Time not recorded
Age when checked: — · Model threshold: 72 h
No component uses this source.
DefiLlama
Time missing
Time not recorded
Age when checked: — · Model threshold: 72 h
No component uses this source.
DefiLlama
Time missing
Time not recorded
Age when checked: — · Model threshold: 72 h
No component uses this source.
Turn your analysis into a personal watchlist. A free account includes 20 watchlist coins and 3 alerts.
Loading your status…
Not Financial Advice
This page is an informational analysis, not investment advice. The CryptoValue Score is an algorithmically generated rating from public data — it does not replace professional advice. Cryptocurrencies are highly volatile; total loss is possible. Read full risk disclaimer →
Rated 0-100 based on 13 fundamental metrics. Higher = more undervalued.
What is the project about? Backed brings real-world assets (RWAs) such as stocks or ETFs to blockchain rails. For example, our product bCSPX is a tokenised tracker certificate reflecting the net total return of the iShares Core S&P 500 UCITS ETF USD, less fees. What makes your project unique? Backed issues permissionless tokens (bTokens) that represent ownership of structured products. Backed tokens are 1:1 backed by the underlying assets, held by Swiss third-party custodians, and are bankr...
Market Cap
$24.95M
24h Volume
$0.383
Circulating Supply
36.9K
BCSPX — of 36.9K max (100%)
All-Time High
$840.69
80.5% of ATH
Loading calculation evidence…
The last all-time high was on August 14, 2026. How far below it the price sits is a different question; how long it has stayed there is this one.
10 of 13 components could be measured for Backed CSPX Core S&P 500, carrying 74 of 100 weight points between them. The rest had their weight redistributed rather than filled with a neutral value.
Computed by Longchain from the published methodology. Not investment advice. Who we are.
Affiliate links. We may earn a commission at no extra cost to you. This is not financial advice.
After buying, move your crypto off exchanges. Hardware wallets keep your private keys offline — safe from hacks, exchange failures, and phishing.
We may earn a commission at no extra cost to you.
Backed CSPX Core S&P 500's Value Score rests on 10 of 13 metrics. Learn what each one means:
3 metric(s) cannot be measured for Backed CSPX Core S&P 500. Their weight was redistributed across the rest rather than filled with a neutral value.
| Component | Reading /100 | Weight nominal → effective |
|---|---|---|
| MVRV Proxy (Price / ATH)Market data | 35 | 16% → 21.6% |
| Cycle Position (time since ATH)Market data | 30 | 6% → 8.1% |
| NVT Proxy (MCap / Volume)Market data | 15 | 4% → 5.4% |
| Network Activity ProxyMarket data | 15 | 4% → 5.4% |
| Volume / MCapMarket data | 30 | 4% → 5.4% |
| Capital Locked (MCap / TVL)Market data + Capital locked | Not measured | 10% → 0% |
| Protocol Fees (MCap / Annual Fees)Market data + Protocol fees | Not measured | 10% → 0% |
| Developer ActivityDeveloper data | Not measured | 6% → 0% |
| Supply DynamicsMarket data | 85 | 16% → 21.6% |
| TokenomicsMarket data | 85 | 12% → 16.2% |
| BTC Correlation ProxyMarket data | 55 | 4% → 5.4% |
| Sentiment ProxyMarket data | 30 | 4% → 5.4% |
| Momentum (30d)Market data | 55 | 4% → 5.4% |
Score recorded: Nov 3, 2026, 4:00 PM UTC · Checked: Nov 3, 2026, 4:43 PM UTC. Ages refer to this check, not the moment the page is opened.
Advisory thresholds flag older data; they do not change model arithmetic. The displayed model thresholds apply at calculation time. Freshness and coverage establish neither data accuracy nor predictive confidence.