# \# CNT analysis for Liqwid **URL:** \ **Category:** New Markets\ **Created:** [July 10, 2025, 7:20am UTC](https://gov.liqwid.finance/t/cnt-analysis-for-liqwid/1875 "2025-07-10T07:20:18Z")\ **Posts on this page:** 4\ **Page:** 1
**Author:** ![FlorianVolery](https://avatars.discourse-cdn.com/v4/letter/f/f0a364/32.png) [@FlorianVolery](https://gov.liqwid.finance/u/FlorianVolery)\ **Post date:** [July 10, 2025, 7:20am UTC](https://gov.liqwid.finance/t/cnt-analysis-for-liqwid/1875/1 "2025-07-10T07:20:18Z")
# CNT analysis for Liqwid Here is a **summarized analysis** of the CNTs for a potential listing on **Liqwid** , based on data from **CoinGecko** and **Taptools** (as of July 2, 2025): * * * ### πŸ”Ή **Current Listed Tokens on Liqwid** - **BTC, ADA, MIN, IAG, LQ, COPI, SNEK** ### πŸ”Ή **Tokens Under Consideration for Listing** - **STRIKE, WMTX, INDY, Bodega, Sundae, NVL, STUFF** * * * ## πŸ” Summary of Findings ### πŸ“ˆ **Volatility Analysis** - **All CNTs** show volatility similar to or higher than **ADA**. - **STRIKE** and **BODEGA** have **higher volatility** , compounded by incomplete 365-day history. - **SNEK** recently experienced a spike in volatility. - **WMTX** and **SUNDAE** show **low volatility** , indicating stability. ### πŸ“‰ **Max Drawdown (30-day)** - All CNTs demonstrate drawdowns **comparable to ADA**. - **SNEK, STRIKE, LQ, IAG, and BODEGA** experienced **\>10% drawdown** in the last 30 days, indicating short-term price weakness. ### πŸ’Έ **Trading Volume (90-day)** - **WMTX** and **SNEK** lead in trading volume, followed by **IAG** and **COPI**. - **STRIKE** shows strong trading volume **despite no CEX listing**. - **COPI** , though CEX-listed, saw relatively lower trading volume than expected. ### πŸ’§ **Liquidity (Taptools)** - **MIN** has the **highest liquidity** among all CNTs. - **SNEK** , **WMTX** , and **SUNDAE** follow with solid on-chain liquidity. - Remaining tokens have **liquidity below $1M** , posing potential risks in collateralization and liquidation slippage. * * * ## 🟒 Recommendations for Listing Priority **Strong Candidates (Low risk, strong metrics):** - **WMTX** – High volume, low volatility, strong liquidity, revenue-generating project. - **SUNDAE** – Solid liquidity and stable behavior, backed by an experienced team. - **INDY** – Widely used stablecoin issuer, already listed on Liqwid (iUSD), consistent track record. **Watchlist (Pending further due diligence or more data):** - **STRIKE** – High volume but needs more data due to volatility and shorter history. - **BODEGA** – Similar concerns to STRIKE with higher drawdown. - **NVL, STUFF** – Limited visibility in metrics; more time & data needed. * * * ## πŸ“Ž Appendices (Granular Data β€” see here after) - Volatility - Max Drawdown - Average Daily Trading Volume - On-chain Liquidity (Taptools snapshot) * * * ## Results about the volatility regarding the price movement ![image](https://canada1.discourse-cdn.com/flex010/uploads/liqwid/original/1X/c801d91e1e64134ab6776c45d6028034ad79e064.png) | Volatility DATA | 30 days Volatility | 90 days Volatility | 365 days Volatility | | --- | --- | --- | --- | | BTC | 1.7% | 2.2% | 2.6% | | Cardano | 3.2% | 3.9% | 6.2% | | STRIKE | 12.6% | 10.4% | N/A | | WMTX | 3.9% | 3.9% | 5.3% | | Indigo | 4.7% | 4.6% | 7.2% | | Minswap | 4.3% | 4.2% | 6.8% | | IAGON | 6.6% | 5.7% | 7.1% | | LQ | 5.8% | 6.0% | 7.9% | | COPI | 3.0% | 3.3% | 4.6% | | Bodega | 10.2% | 8.1% | N/A | | SNEK | 8.3% | 7.2% | 9.9% | | SUNDAE | 3.7% | 3.9% | 6.1% | | NVL | 4.0% | 5.4% | 6.7% | | STUFF | 3.3% | 4.5% | 5.6% | **Conclusion:** - All CNTs exhibit volatility similar to, or higher than, **ADA**. - Strike and Bodega do not have 365days data yet and have a higher volatility that the other CNT. Snek experimented also a big increase of volatility recently * * * ## Results about the max drawdown regarding the price movement ![image](https://canada1.discourse-cdn.com/flex010/uploads/liqwid/original/1X/2406c704c9201d3401e50ac5907f1e867e31dbab.png) | Volatility DATA | Maximum 30D Drawdown | Maximum 90D Drawdown | Maximum 365D Drawdown | | --- | --- | --- | --- | | BTC | -3.0% | -6.4% | -8.6% | | Cardano | -5.7% | -12.7% | -24.7% | | STRIKE | -14.9% | -16.5% | N/A | | WMTX | -7.4% | -11.4% | -16.7% | | Indigo | -8.8% | -12.2% | -24.0% | | Minswap | -8.5% | -11.5% | -24.0% | | IAGON | -11.1% | -15.4% | -25.9% | | LQ | -11.5% | -11.7% | -31.7% | | COPI | -5.6% | -7.9% | -20.2% | | Bodega | -14.3% | -17.0% | N/A | | SNEK | -14.5% | -19.3% | -30.8% | | SUNDAE | -9.9% | -9.9% | -24.0% | | NVL | -7.4% | -13.0% | -28.0% | | STUFF | -7.8% | -11.2% | -25.9% | **Conclusion:** - All CNTs exhibit drawdowns comparable to **ADA**. - **SNEK** , **STRIKE** , **LQ** , **IAG** , and **BODEGA** have experienced **higher drawdowns** than other CNTs, with values exceeding **10% over the past 30 days**. * * * ## Results about the trading volume ![image](https://canada1.discourse-cdn.com/flex010/uploads/liqwid/original/1X/9e1e93c8dad13ac1f433e0bd8916ca4350b0ce59.png) | Trading Volume | 30 days Volume | 90 days Volume | 365 days Volume | | --- | --- | --- | --- | | STRIKE | 301’850 | 148’951 | 71’066 | | WMTX | 7’672’702 | 8’658’417 | 7’354’061 | | Indigo | 61’684 | 48’955 | 80’659 | | Minswap | 129’509 | 145’875 | 239’339 | | IAGON | 427’005 | 396’011 | 527’423 | | LQ | 36’475 | 35’186 | 70’677 | | COPI | 212’658 | 168’720 | 288’554 | | Bodega | 106’019 | 53’905 | 35’848 | | SNEK | 1’478’530 | 1’764’892 | 2’454’896 | | SUNDAE | 9’550 | 11’205 | 29’409 | | NVL | 42’619 | 48’001 | 50’563 | | STUFF | 28’245 | 32’845 | 69’069 | **Conclusion:** - **WMTX** and **SNEK** recorded the **highest trading volumes** over the past 90 days, followed by **IAG** and **COPI**. - **Strike** has achieved **notably high trading volumes** despite **not being listed on any centralized exchange (CEX)**, whereas **COPI** , which is listed on a CEX, has seen relatively lower volume in comparison. * * * ## Results about the Liquidity volume on DEX ![image](https://canada1.discourse-cdn.com/flex010/uploads/liqwid/original/1X/8dd5c891fd1c132e98eec8de6dc4db14a65d4916.png) | Liquidity $Volume | Tokens | | --- | --- | | STRIKE | 2’000’000 | | WMTX | 2’680’000 | | Indigo | 2’160’000 | | Minswap | 9’930’000 | | IAGON | 2’980’000 | | Hosky | 998’000 | | LQ | 1’240’000 | | COPI | 1’003’000 | | Bodega | 916’000 | | SNEK | 7’430’000 | | SUNDAE | 2’470’000 | | NVL | 899’000 | | STUFF | 1’140’000 | **Conclusion:** - **MIN** has the highest liquidity among the CNTs, followed by **SNEK** , then **WMTX** and **SUNDAE**. - All other CNTs have **average liquidity below $1 million**. ---
**Author:** ![2279](https://avatars.discourse-cdn.com/v4/letter/2/e95f7d/32.png) [@2279](https://gov.liqwid.finance/u/2279)\ **Post date:** [July 10, 2025, 10:04am UTC](https://gov.liqwid.finance/t/cnt-analysis-for-liqwid/1875/2 "2025-07-10T10:04:54Z")
the under consideration set consists of some very popular cardano native tokens with large communities. Would be great to move these onto the platform. ---
**Author:** ![Hizairi](https://yyz2.discourse-cdn.com/flex010/user_avatar/gov.liqwid.finance/hizairi/32/337_2.png) [@Hizairi](https://gov.liqwid.finance/u/Hizairi)\ **Post date:** [July 18, 2025, 3:45am UTC](https://gov.liqwid.finance/t/cnt-analysis-for-liqwid/1875/3 "2025-07-18T03:45:29Z")
Thanks Florian for this in depth analysis. Love to see more analysis like this in future; as we strive to become more data driven in making crucial decisions rather than just following market sentiment. ---
**Author:** ![2279](https://avatars.discourse-cdn.com/v4/letter/2/e95f7d/32.png) [@2279](https://gov.liqwid.finance/u/2279)\ **Post date:** [August 6, 2025, 11:04pm UTC](https://gov.liqwid.finance/t/cnt-analysis-for-liqwid/1875/4 "2025-08-06T23:04:36Z")
Circling back on this, I believe we should add STRIKE alongside WMTX, INDY, SUNDAE in the next round of voting. since the time of initial discussions, liquidity has increased and volume has remained strong. It’s also become a CNT favourite within the community. Other platforms have proven there is strong demand for collateralizing this token.