DefiLlama launches a universal token rating dashboard, covering over 100 DeFi tokens

DefiLlama has partnered with the Web3 investment banking and consulting platform Forgd to launch a universal token rating dashboard, which rates over 100 DeFi tokens with a score from 0 to 100 and assigns letter grades from AAA to CCC, mirroring traditional credit ratings. The ratings are continuously updated based on changing token-related metrics.

The dashboard aims to standardize the assessment of crypto tokens, providing traders and investors with a transparent and unified measurement scale, enhancing transparency and trust in the context of inconsistent metrics in the DeFi sector.