Proof · Agent run · due diligence analyst

What CoinGraph said about cardano, exactly as issued.

Issued 2026-10-25 13:15:51 UTC · id run_3dd529eeaf9444a15a7c

B

Cardano (ADA) is graded B overall; the current check verdict is proceed. Liquidity is strong (A): $132.2M is available within 2% of the price and 24h volume is $239.3M, though none of its 25 exchange markets are rated trustworthy by CoinGecko. Derivatives are balanced (A), with open interest at 1.9% of market cap. Supply scores B: 83.5% of max supply is issued, but the unlock schedule is unassessed. There is no token contract to review (native coin). Onchain activity and development score C; developer activity is untracked. No red flags.

✓ Fingerprint

Matches the one stored at issue time

✓ Sources

60 source calls recorded around issue time

◷ Chainlink CRE attestation

Pending: the workflow attests new proofs every few minutes; the fingerprint above is the commitment

SHA-256 fingerprint

ecbb9badab2a7d4d2105b5d7ef99dd4d5c901e3ee32c3d9cec142d77f3be3d84

The fingerprint is the SHA-256 of the object below written as canonical JSON (keys sorted, no spaces). Change one character and it changes completely, so nobody, including CoinGraph, can quietly edit what was said.

Check it yourself
curl -s https://coingraph.ai/api/v1/verify/run_3dd529eeaf9444a15a7c

Source calls behind it

ProviderEndpointAt (UTC)LatencyOK
coingecko/coins/markets13:15:41470 ms✓
ccxt:binanceusdmfuturesSentiment:5m13:15:3134003 ms✓
ccxt:binanceusdmopenInterestHist:5m13:15:2110743 ms✓
nownodeseth:/address/{wallet}:inspect13:15:18736 ms✕
ccxt:bybitfetchFundingRates13:15:17145 ms✓
ccxt:okxfetchFundingRates13:15:16367 ms✓
ccxt:binanceusdmfetchFundingRates13:15:15138 ms✓
ccxt:binanceusdmklines:1m13:15:088758 ms✓
ccxt:bybitklines:1m13:15:06789 ms✓
ccxt:gateklines:1m13:15:061903 ms✓
ccxt:okxklines:1m13:15:061619 ms✓
ccxt:binanceklines:1m13:15:065326 ms✓
ccxt:krakenklines:1m13:15:064201 ms✓
coingecko/coins/markets13:14:41424 ms✓
ccxt:binanceklines:1m13:14:076421 ms✓
ccxt:binanceusdmklines:1m13:14:068746 ms✓
ccxt:bybitklines:1m13:14:06891 ms✓
ccxt:okxklines:1m13:14:061853 ms✓
ccxt:gateklines:1m13:14:061229 ms✓
ccxt:krakenklines:1m13:14:064231 ms✓
coingecko/coins/markets13:13:41399 ms✓
ccxt:binanceusdmklines:1m13:13:088188 ms✓
ccxt:binanceklines:1m13:13:065481 ms✓
ccxt:okxklines:1m13:13:052154 ms✓
ccxt:bybitklines:1m13:13:05763 ms✓
The exact object (3,180 bytes)
{
  "agent": "due-diligence-analyst",
  "as_of": "2026-10-25T13:15:51.481Z",
  "links": {
    "brief": "/investigations/1855",
    "proof": "/api/v1/verify/eval_c607bdb6af16a6eda809"
  },
  "result": {
    "token": {
      "id": "cardano",
      "name": "Cardano",
      "rank": 18,
      "symbol": "ADA"
    },
    "method": "Weighted: liquidity 25%, supply 20%, contract 20%, onchain 10%, derivatives 10%, development & usage 15%. Three or more red flags cap the grade at D.",
    "overall": {
      "grade": "B",
      "score": 76
    },
    "sections": [
      {
        "name": "Liquidity & markets",
        "grade": "A",
        "score": 85,
        "sources": [
          "ccxt:fetchOrderBook",
          "coingecko:/coins/{id}/tickers"
        ],
        "findings": [
          "$132.2M available within 2% of the price",
          "25 exchange markets, 0 rated trustworthy by CoinGecko",
          "24h volume $239.3M (3.1% of market cap)"
        ]
      },
      {
        "name": "Supply & concentration",
        "grade": "B",
        "score": 80,
        "sources": [
          "coingecko:/coins/markets",
          "goplus:/token_security",
          "nownodes"
        ],
        "findings": [
          "Fully diluted value is 1.2× market cap (83.5% of max supply issued)",
          "Unlock schedule: unassessed (no free source)"
        ]
      },
      {
        "name": "Contract & admin powers",
        "grade": "B",
        "score": 75,
        "sources": [
          "goplus:/token_security"
        ],
        "findings": [
          "Native coin: no token contract to review"
        ]
      },
      {
        "name": "Onchain activity",
        "grade": "C",
        "score": 60,
        "sources": [
          "nownodes:eth_getLogs"
        ],
        "findings": [
          "Net $0 onto exchanges over 7 days"
        ]
      },
      {
        "name": "Derivatives & leverage",
        "grade": "A",
        "score": 90,
        "sources": [
          "binanceusdm",
          "okx",
          "bybit"
        ],
        "findings": [
          "Crowding score 10/100 (balanced)",
          "Open interest is 1.9% of market cap"
        ]
      },
      {
        "name": "Development, usage & community",
        "grade": "C",
        "score": 60,
        "sources": [
          "coingecko:/coins/{id}",
          "defillama:/protocols"
        ],
        "findings": [
          "Developer activity not tracked for this token"
        ]
      }
    ],
    "red_flags": [],
    "strengths": [
      "Deep liquidity across venues"
    ],
    "recent_news": [],
    "latest_brief": {
      "at": "2026-10-17T21:32:50.706Z",
      "id": 1855,
      "headline": "ADA -1.3% in sharp drop near 21:29 UTC after flat window; drop not explained"
    },
    "current_check": {
      "verdict": "proceed",
      "evaluation_id": "eval_c607bdb6af16a6eda809"
    },
    "coingraph_track_record_30d": {
      "calls": 586,
      "checks_followed_by_5pct_drop_24h": {
        "avoid": {
          "calls": 0,
          "drops": 0,
          "measured": 0,
          "avg_24h_pct": null,
          "drop_share_pct": null,
          "median_24h_pct": null
        },
        "caution": {
          "calls": 1,
          "drops": 1,
          "measured": 1,
          "avg_24h_pct": -5.41,
          "drop_share_pct": 100,
          "median_24h_pct": -5.41
        },
        "proceed": {
          "calls": 107,
          "drops": 15,
          "measured": 82,
          "avg_24h_pct": -1.96,
          "drop_share_pct": 18.3,
          "median_24h_pct": -2.09
        }
      }
    }
  },
  "run_id": "run_3dd529eeaf9444a15a7c",
  "reasons": [
    {
      "text": "Strength: Deep liquidity across venues",
      "source": "coingraph"
    }
  ],
  "summary": "Cardano (ADA) is graded B overall; the current check verdict is proceed. Liquidity is strong (A): $132.2M is available within 2% of the price and 24h volume is $239.3M, though none of its 25 exchange markets are rated trustworthy by CoinGecko. Derivatives are balanced (A), with open interest at 1.9% of market cap. Supply scores B: 83.5% of max supply is issued, but the unlock schedule is unassessed. There is no token contract to review (native coin). Onchain activity and development score C; developer activity is untracked. No red flags.",
  "verdict": "B",
  "warnings": [],
  "disclaimer": "CoinGraph never trades, holds funds or gives financial advice. The caller decides.",
  "agent_version": "1.0.0"
}