Is Astroport a Good Investment?
| TVL | $11M |
| FDV | $1M |
| TVL/FDV | 10.18x |
| Risk Grade | B- |
| Value Grade | C- |
Value Accrual: Does the Astroport Token Capture Value?
Astroport scores C- on Hindenrank's value accrual framework (42/100), indicating average value capture — some strengths offset by weaknesses in fee distribution or sustainability. Fee capture scores 12/25 — moderate, with some fees reaching token holders but room for improvement. Token distribution is rated 12/25 (somewhat concentrated, raising concerns about governance capture), and emission sustainability sits at 8/25. The competitive moat dimension scores 10/25.
Protocol Health: Is Astroport Still Growing?
Astroport's vitality risk score is 6/10 on Hindenrank's rubric (lower is healthier). This suggests moderate health — Astroport is maintaining activity but may be showing signs of plateauing growth or reduced developer engagement. The protocol is functional but may not be accelerating.
Risk-Adjusted View: Is the Upside Worth the Risk?
Risk-Adjusted Position
Safe but StaleAstroport falls in the Safe but Stale zone — low risk (B-) but middling value capture (C-). The protocol is well-built and battle-tested, but its token may not capture much upside from growth. This positioning can be appropriate for risk-averse allocators who prioritize capital preservation.
Risk Context
Astroport carries a risk grade of B- (32/100), classified as moderate risk — some novel mechanisms, generally well-understood. While no critical-severity interactions were identified, 1 high-severity interaction warrant attention. The primary risk factor is: Astroport survived the Terra/LUNA collapse but TVL has declined dramatically from peak levels, raising questions about long-term viability across its multi-chain deployment
Read our full safety analysis →Should you buy Astroport?
Astroport scores C- on Hindenrank's value accrual framework, placing it among the average DEX protocols. Fee capture scores 12/25 — moderate, with some fees reaching token holders but room for improvement. Token distribution is somewhat concentrated, raising concerns about governance capture, and emission sustainability sits at 8/25. On the risk side, Astroport carries a B- grade (32/100), which is moderate risk — some novel mechanisms, generally well-understood. The combined risk-value position places Astroport in the Safe but Stale quadrant.
Astroport investment outlook for 2026
With $11M in total value locked and FDV of $1M, giving a TVL/FDV ratio of 10.18, Astroport's fundamentals do not strongly support the current valuation from a usage perspective. The competitive moat dimension scores 10/25, suggesting limited moat, leaving the protocol vulnerable to competitive pressure.Investors should weigh these fundamentals alongside market conditions and their own risk tolerance.
This analysis is based on cryptoeconomic fundamentals, not price prediction. It is not financial advice. Full methodology
Weekly Commentary
ProWeek of March 3, 2026
Astroport's B- risk grade reflects solid mechanical hygiene for a DEX, but the C- value score tells the real story — fee capture and token economics aren't rewarding holders relative to peers. At $12M TVL on a protocol that once commanded multiples of that, this sits squarely in "safe but stale" territory: unlikely to blow up, equally unlikely to outperform. Capital here is parked, not working.
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