token-research

Token Research

Perform end-to-end token analysis by combining price data, unlock schedules, DeFi deposit tracking, yield opportunities, and protocol fundamentals.

Workflow

Step 1 - Resolve the token entity

Get the canonical token identifier (coingecko:xxx format).

defillama:resolve_entity
  entity_type: "token"
  name: "<user-provided name>"

Step 2 - Price and market data

Fetch current price, market cap, volume, and ATH.

defillama:get_token_prices
  token: "<coingecko:token_id>"

Key fields: price, mcap, volume, price_ath. Distance from ATH can be computed as (price_ath - price) / price_ath.

Step 3 - Unlock schedule

Check vesting and upcoming token unlocks that may create sell pressure.

defillama:get_token_unlocks
  token: "<token_name>"

Flag any large unlocks in the next 30 days as potential sell pressure.

Step 4 - DeFi deposits

See where the token is deposited across DeFi protocols.

defillama:get_token_tvl
  token: "<coingecko:token_id>"

Uses dim.token_set() for family resolution (e.g., coingecko:ethereum matches ETH, wETH, stETH, etc.). The component param filters by TVL type (base, borrowed, staking, pool2, treasury, vesting). Quality filters (is_distressed, has_misrepresented_tokens) are applied.

This shows which protocols hold the most of this token, indicating DeFi demand and utility.

Step 5 - Yield opportunities

Find pools where users can earn yield on this token.

defillama:get_yield_pools
  token: "<coingecko:token_id>"

The token param expects canonical keys (e.g., coingecko:ethereum). Uses dim.pool_set() for family matching.

Step 6 - Protocol fundamentals (if applicable)

If the token belongs to a DeFi protocol, fetch protocol metrics.

defillama:get_protocol_metrics
  protocol: "<protocol_slug>"

Output Format

Present the report with these sections in order:

1. Price & Market - Current price, market cap, 24h volume, distance from ATH, and recent trend.
2. Unlock Schedule - Upcoming unlocks with dates, amounts, and percentage of circulating supply. Highlight any cliff unlocks.
3. DeFi Deposits - Top protocols holding this token, total value deposited, and what this implies about utility.
4. Yield Opportunities - Top 3-5 pools by APY and TVL where users can deploy this token.
5. Protocol Fundamentals - If the token is a protocol governance or utility token, include TVL, fees, revenue, and valuation ratios.

Tips

• Large unlocks (>2% of circulating supply) within 30 days are a material risk factor.
• High DeFi deposits relative to circulating supply indicate strong holder conviction and reduced liquid supply.
• Compare yield APY sources: base APY from fees is sustainable, reward APY from token emissions is not.
• If the token has no unlock data, it may be fully unlocked or the data may not be tracked - note this to the user.
• Use start_date / end_date for custom date ranges on price and TVL queries.