Avaliação

Múltiplos de valuation

Múltiplos padronizados entre o valor de um ativo e o que ele produz. São calculados da mesma forma para todos os ativos, de modo que possam ser comparados — mas não são múltiplos de equity, e as diferenças não são superficiais.

Leia isto antes da tabela. Um token não é uma ação. Não há entidade consolidada, demonstrações financeiras auditadas nem direito exigível sobre qualquer fluxo de taxas. A divisão de taxas de um protocol é uma escolha de governança que pode ser alterada por votação. A capitalização de mercado depende de um dado de circulating supply frequentemente autodeclarado. Cada múltiplo aqui é uma verificação de escala entre dois dados publicados — nada mais, e nunca uma afirmação de que um ativo está barato ou caro. O track de valuation explica cada um corretamente →

Todos Layer 1 Layer 2 DeFi Stablecoins Liquid staking Exchange tokens Real-world assets Oracles Bridges Privacy Payments AI & DePIN Gaming & NFT Meme Wrapped Infrastructure Outro

#	Ativo	Market cap	MC / taxas	MC / receita	FDV / taxas	FDV / receita	MC / TVL	MC por endereço	Rendimento de taxa	Rendimento de receita	Rendimento do detentor	Diluição à vista
1	BitcoinBTC	$1.67T	18,811×	—	18,811×	—	376.82×	$3.46M	0.01%	—	—	0.0%
2	EthereumETH	$298.35B	1,366×	3,850×	1,366×	3,850×	5.95×	$626,289	0.07%	0.03%	—	0.0%
3	BNBBNB	$96.71B	372.2×	3,722×	372.2×	3,722×	—	—	0.27%	0.03%	—	0.0%
4	XRPXRP	$83.04B	—	—	—	—	2,717,821×	—	0.00%	—	—	58.4%
5	SolanaSOL	$62.30B	184.8×	1,508×	199.4×	1,627×	10.55×	—	0.54%	0.07%	—	7.9%
6	TRONTRX	$31.45B	110.5×	110.5×	110.5×	110.5×	5.66×	—	0.90%	0.90%	—	0.0%
7	ZcashZEC	$19.82B	13,388×	—	13,391×	—	7,359×	—	0.01%	—	—	0.0%
8	HyperliquidHYPE	$17.81B	2,619×	2,619×	11,248×	11,248×	17.28×	—	0.04%	0.04%	—	329.5%
9	DogecoinDOGE	$12.49B	45,290×	—	45,292×	—	7,110×	—	0.00%	—	—	0.0%
10	ChainlinkLINK	$9.33B	172.1×	176.3×	224.5×	229.9×	4.87×	—	0.58%	0.57%	0.57%	30.4%
11	CardanoADA	$8.28B	4,772×	23,860×	5,717×	28,586×	132.27×	—	0.02%	0.00%	—	19.8%
12	NEAR ProtocolNEAR	$6.63B	2,435×	3,478×	2,435×	3,478×	28.62×	—	0.04%	0.03%	—	0.0%
13	RainRAIN	$6.59B	1,939,609×	—	3,124,162×	—	398.96×	—	0.00%	0.00%	0.00%	61.1%
14	StellarXLM	$6.29B	10,894×	10,894×	15,474×	15,474×	26.79×	—	0.01%	0.01%	—	42.0%
15	Bitcoin CashBCH	$5.62B	201,291×	—	201,291×	—	1,050×	—	0.00%	—	—	0.0%
16	Ethena USDeUSDE	$4.68B	—	—	—	—	1,529×	—	0.00%	—	—	0.0%
17	LitecoinLTC	$4.67B	24,504×	—	24,505×	—	4,804×	—	0.00%	—	—	0.0%
18	UniswapUNI	$4.63B	3.4×	42.7×	4.8×	60.7×	1.19×	—	29.43%	2.34%	2.34%	42.0%
19	AvalancheAVAX	$4.33B	722.5×	722.5×	765.9×	765.9×	7.33×	—	0.14%	0.14%	—	6.0%
20	SuiSUI	$4.16B	1,521×	5,353×	3,693×	12,999×	8.42×	—	0.07%	0.02%	—	142.8%
21	CantonCC	$4.09B	6.9×	6.9×	6.9×	6.9×	345.57×	—	14.56%	14.56%	—	0.0%
22	Gram (prev. Toncoin)GRAM	$3.83B	4,403×	8,806×	8,196×	16,393×	78.00×	—	0.02%	0.01%	—	86.2%
23	HederaHBAR	$3.72B	15,325×	—	17,404×	—	110.57×	—	0.01%	—	—	13.6%
24	Tether GoldXAUT	$3.37B	246.2×	246.2×	251.8×	251.8×	1.11×	—	0.41%	0.41%	—	2.3%
25	BitwayBTW	$3.30B	678.2×	2,590×	4,504×	17,197×	89.08×	—	0.15%	0.04%	—	564.1%
26	BittensorTAO	$3.11B	—	—	—	—	100,313×	—	—	—	—	85.2%
27	CronosCRO	$2.92B	—	—	—	—	21.09×	—	0.00%	—	—	95.1%
28	EthenaENA	$2.56B	12.6×	3,741×	14.1×	4,186×	0.50×	—	7.94%	0.03%	—	11.9%
29	OKBOKB	$2.40B	4,481×	4,481×	4,481×	4,481×	15.24×	—	0.02%	0.02%	—	0.0%
30	AaveAAVE	$2.36B	5.1×	38.6×	5.2×	40.0×	0.13×	—	19.79%	2.59%	—	3.7%
31	OndoONDO	$2.15B	30.6×	—	62.9×	—	2.21×	—	3.26%	—	—	105.4%
32	WorldcoinWLD	$1.93B	6,788×	—	17,776×	—	45.71×	$121,811	0.01%	—	—	161.9%
33	World Liberty FinancialWLFI	$1.81B	12.2×	12.2×	38.4×	38.4×	—	—	8.20%	8.20%	—	214.7%
34	MantleMNT	$1.77B	13,994×	13,994×	26,358×	26,358×	19.04×	$259,278	0.01%	0.01%	—	88.3%
35	MorphoMORPHO	$1.75B	6.4×	—	9.1×	—	0.15×	—	15.75%	—	—	42.5%
36	Internet ComputerICP	$1.62B	727.0×	727.0×	727.0×	727.0×	188.36×	—	0.14%	0.14%	—	0.0%
37	ArbitrumARB	$1.36B	161.9×	162.8×	235.0×	236.1×	0.96×	$7,584	0.62%	0.61%	—	45.1%
38	Bitget TokenBGB	$1.33B	24,801×	32,112×	32,275×	41,788×	18.17×	—	0.00%	0.00%	—	30.1%
39	Ethereum ClassicETC	$1.24B	129,878×	—	129,878×	—	10,187×	—	0.00%	—	—	0.0%
40	Venice TokenVVV	$1.16B	98.9×	98.9×	165.3×	165.3×	—	—	1.01%	1.01%	1.01%	67.2%
41	GateGT	$1.07B	215,995×	—	241,275×	—	330.14×	—	0.00%	—	—	11.7%
42	KuCoinKCS	$1.05B	—	—	—	—	1,300×	—	0.00%	—	—	1.8%
43	AlgorandALGO	$1.01B	146,847×	146,847×	146,849×	146,849×	29.76×	—	0.00%	0.00%	—	0.0%
44	JupiterJUP	$986.04M	4.7×	16.2×	9.8×	33.5×	0.41×	—	21.17%	6.17%	3.08%	106.7%
45	POL (ex-MATIC)POL	$985.38M	35.8×	35.9×	35.8×	35.9×	1.47×	$2,508	2.79%	2.79%	—	0.0%
46	RenderRENDER	$944.68M	173.3×	173.3×	178.3×	178.3×	—	—	0.58%	0.58%	0.55%	2.8%
47	Cosmos HubATOM	$934.55M	36,996×	—	36,996×	—	6,842×	—	0.00%	—	—	0.0%
48	FilecoinFIL	$872.20M	1,068×	1,068×	2,501×	2,501×	299.84×	—	0.09%	0.09%	—	134.2%
49	InjectiveINJ	$857.22M	292.9×	292.9×	292.9×	292.9×	60.30×	—	0.34%	0.34%	—	0.0%
50	NEXONEXO	$808.68M	—	—	—	—	2.59×	—	—	—	—	0.0%
51	LighterLIT	$786.10M	11.1×	13.5×	44.3×	53.9×	1.09×	—	9.02%	7.42%	4.16%	300.0%
52	LayerZeroZRO	$748.82M	221.9×	325.4×	554.7×	813.5×	0.06×	—	0.45%	0.31%	0.33%	150.0%
53	StacksSTX	$709.75M	1,160×	—	1,160×	—	7.45×	—	0.09%	—	—	0.0%
54	AptosAPT	$690.81M	400.6×	400.6×	549.0×	549.0×	15.55×	—	0.25%	0.25%	—	37.0%
55	Ether.fiETHFI	$679.65M	4.6×	14.9×	4.6×	14.9×	0.12×	—	21.93%	6.72%	—	0.0%
56	XDC NetworkXDC	$665.68M	81,937×	—	156,366×	—	306.78×	—	0.00%	—	—	90.8%
57	DashDASH	$634.88M	76,565×	—	76,567×	—	8,524×	—	0.00%	—	—	0.0%
58	VeChainVET	$586.50M	—	—	—	—	469.70×	—	—	—	—	0.0%
59	FlareFLR	$559.05M	2,157×	—	2,634×	—	3.09×	—	0.05%	—	—	22.1%
60	RaydiumRAY	$525.57M	1.4×	8.7×	3.0×	18.0×	0.44×	—	69.09%	11.44%	6.79%	105.6%
61	StarknetSTRK	$452.52M	143.4×	145.1×	192.3×	194.6×	2.85×	$156,037	0.70%	0.69%	—	34.1%
62	Virtuals ProtocolVIRTUAL	$439.45M	90.4×	299.6×	137.4×	455.1×	—	—	1.11%	0.33%	—	51.9%
63	Provenance BlockchainHASH	$437.92M	101.6×	—	163.0×	—	2.98×	—	0.98%	—	—	60.4%
64	StableSTABLE	$432.47M	—	—	—	—	22.30×	—	—	—	—	265.7%
65	SeiSEI	$409.04M	10,553×	10,553×	15,672×	15,672×	12.90×	—	0.01%	0.01%	—	48.5%
66	PendlePENDLE	$365.86M	26.1×	26.5×	42.3×	43.0×	0.15×	—	3.83%	3.77%	2.93%	61.9%
67	PlasmaXPL	$353.34M	1,727×	1,727×	3,810×	3,810×	0.64×	—	0.06%	0.06%	—	120.6%
68	Falcon FinanceFF	$351.26M	132.3×	—	395.9×	—	0.20×	—	0.76%	—	—	199.1%
69	BitTorrentBTT	$345.25M	—	—	—	—	2,212×	—	—	—	—	2.5%
70	TezosXTZ	$329.60M	7,216×	11,393×	7,347×	11,600×	16.62×	—	0.01%	0.01%	—	1.8%
71	Lido DAOLDO	$328.07M	0.5×	8.5×	0.6×	10.2×	0.01×	—	191.75%	11.80%	8.33%	20.5%
72	Sun TokenSUN	$317.47M	28.3×	611.5×	29.3×	633.1×	0.48×	—	3.54%	0.16%	0.11%	3.5%
73	GnosisGNO	$302.84M	3,985×	—	4,530×	—	3.25×	—	0.03%	—	—	13.7%
74	OlympusOHM	$295.09M	166.0×	166.0×	220.3×	220.3×	—	—	0.60%	0.60%	—	32.7%
75	ConfluxCFX	$278.28M	—	—	—	—	43.53×	—	—	—	—	0.0%
76	BackpackBP	$274.04M	—	—	—	—	0.48×	—	—	—	—	300.0%
77	KaiaKAIA	$266.81M	4,170×	5,407×	4,170×	5,408×	33.18×	—	0.02%	0.02%	—	0.0%
78	The GraphGRT	$261.66M	1,140×	—	1,210×	—	—	—	0.09%	—	—	6.1%
79	Collector CryptCARDS	$257.88M	1.3×	1.3×	2.8×	2.8×	—	—	78.10%	78.10%	0.50%	118.7%
80	Terra Luna ClassicLUNC	$255.75M	—	—	—	—	274.58×	—	—	—	—	16.8%
81	MonadMON	$253.26M	46.7×	54.9×	397.8×	467.6×	0.26×	—	2.14%	1.82%	—	751.4%
82	Ethereum Name ServiceENS	$232.90M	89.8×	89.8×	212.5×	212.5×	—	—	1.11%	1.11%	—	136.5%
83	EigenCloud (prev. EigenLayer)EIGEN	$231.06M	49.7×	—	94.6×	—	0.04×	—	2.01%	—	—	90.4%
84	FLOKIFLOKI	$227.30M	—	—	—	—	18.42×	—	—	—	—	0.0%
85	THORChainRUNE	$215.00M	730.5×	730.5×	786.9×	786.9×	6.11×	—	0.14%	0.14%	—	7.7%
86	IOTAIOTA	$211.12M	—	—	—	—	128.79×	—	—	—	—	6.6%
87	SonicS	$210.32M	2,418×	2,418×	2,418×	2,418×	10.86×	—	0.04%	0.04%	—	0.0%
88	Convex FinanceCVX	$190.85M	6.4×	16.7×	6.8×	17.9×	0.33×	—	15.67%	5.99%	5.68%	7.3%
89	MeteoraMET	$190.77M	0.3×	2.8×	0.6×	4.9×	0.67×	—	308.17%	36.13%	4.45%	78.6%
90	Theta NetworkTHETA	$188.49M	—	—	—	—	604.83×	—	—	—	—	0.0%
91	ZamaZAMA	$184.83M	—	—	—	—	1.41×	—	—	—	—	344.7%
92	PonsPONS	$177.82M	0.4×	2.6×	0.4×	2.6×	—	—	254.22%	38.21%	36.40%	0.0%
93	AnvilANVL	$176.84M	—	—	—	—	9.78×	—	—	—	—	13.5%
94	Axie InfinityAXS	$176.70M	107.0×	110.1×	164.5×	169.2×	—	—	0.93%	0.91%	—	53.8%
95	MXMX	$176.56M	—	—	—	—	0.03×	—	—	—	—	345.4%
96	SwissBorgBORG	$163.65M	—	—	—	—	0.16×	—	—	—	—	0.0%
97	ZKsyncZK	$162.37M	967.8×	967.8×	1,879×	1,879×	10.95×	$54,863	0.10%	0.10%	—	94.1%
98	NEONEO	$156.46M	—	—	—	—	157.41×	—	—	—	—	41.8%
99	DoubleZero2Z	$154.44M	42.8×	917.1×	82.4×	1,764×	2.11×	—	2.33%	0.11%	0.00%	92.4%
100	GRX ChainGRX	$150.99M	—	—	—	—	20.75×	—	0.00%	—	—	5.1%
101	VaultaA	$148.85M	—	—	—	—	3.52×	—	—	—	—	25.4%
102	ChilizCHZ	$146.54M	2,964×	—	2,964×	—	108.04×	—	0.03%	—	—	0.0%
103	BeamBEAM	$146.33M	—	—	—	—	114.31×	—	0.00%	—	—	14.0%
104	ApeCoinAPE	$144.85M	733.7×	—	733.7×	—	49.42×	—	0.14%	—	—	0.0%
105	ImmutableIMX	$138.32M	15,752×	—	34,831×	—	12.42×	—	0.01%	—	—	121.1%
106	0G0G	$137.42M	—	—	—	—	37.49×	—	—	—	—	65.9%
107	RailgunRAIL	$132.90M	28.2×	28.2×	28.2×	28.2×	1.15×	—	3.55%	3.55%	2.07%	0.0%
108	1INCH1INCH	$130.98M	177.0×	808.8×	188.9×	863.2×	41.01×	—	0.56%	0.12%	—	6.7%
109	deBridgeDBR	$123.59M	18.3×	18.3×	30.9×	30.9×	54.38×	—	5.46%	5.46%	4.52%	68.7%
110	SuperVerseSUPER	$118.91M	—	—	—	—	2,918×	—	—	—	—	53.1%
111	GeodnetGEOD	$118.22M	10.6×	10.6×	21.3×	21.3×	—	—	9.43%	9.43%	7.54%	101.2%
112	PlumePLUME	$117.65M	3,459×	—	5,236×	—	49.00×	—	0.03%	—	—	51.4%
113	Reserve RightsRSR	$115.02M	83.8×	209.4×	133.9×	334.7×	2.42×	—	1.19%	0.48%	0.48%	59.9%
114	ChutesSN64	$113.24M	991.5×	991.5×	991.5×	991.5×	2.08×	—	0.10%	0.10%	—	0.0%
115	MultiversXEGLD	$111.74M	3,383×	—	3,383×	—	8.80×	—	0.03%	—	—	0.0%
116	AethirATH	$110.25M	3.0×	14.8×	6.2×	30.9×	—	—	33.73%	6.75%	—	108.7%
117	CapCAP	$109.67M	18.8×	21,959×	120.7×	140,762×	0.49×	—	5.31%	0.00%	—	541.0%
118	OrcaORCA	$107.64M	1.0×	7.6×	1.2×	9.4×	0.36×	—	101.34%	13.17%	4.86%	23.4%
119	SOONSOON	$103.81M	—	—	—	—	47,754×	—	—	—	—	3,140.7%
120	WalrusWAL	$103.35M	2,240×	2,240×	4,279×	4,279×	—	—	0.04%	0.04%	—	91.0%
121	edgeXEDGE	$102.30M	2.8×	3.9×	8.1×	11.2×	1.70×	—	35.30%	25.54%	7.33%	185.7%
122	SoSoValueSOSO	$99.70M	3.7×	3.7×	10.9×	10.8×	0.56×	—	26.92%	26.99%	—	192.4%
123	Nexus MutualNXM	$98.52M	46.9×	93.9×	46.9×	93.9×	0.99×	—	2.13%	1.07%	1.07%	0.0%
124	dYdXDYDX	$97.85M	—	—	—	—	1.39×	—	—	—	—	13.3%
125	GALAGALA	$96.72M	—	—	—	—	19.42×	—	—	—	—	0.0%
126	peaqPEAQ	$96.49M	—	—	—	—	121.29×	—	0.00%	—	—	72.4%
127	KinetiqKNTQ	$95.97M	4.2×	24.4×	13.3×	77.6×	0.10×	—	23.81%	4.09%	1.70%	217.5%
128	WEMIXWEMIX	$90.41M	—	—	—	—	33.73×	—	—	—	—	12.2%
129	GMXGMX	$89.25M	1.1×	1.6×	1.1×	1.6×	0.20×	—	87.28%	63.25%	54.42%	0.0%
130	PromPROM	$87.64M	5,956×	—	6,283×	—	132.22×	—	0.02%	—	—	5.5%
131	PharosPROS	$86.14M	—	—	—	—	1.17×	—	—	—	—	637.5%
132	WormholeW	$85.37M	385.4×	—	578.7×	—	0.05×	—	0.26%	—	—	50.2%
133	USD.AICHIP	$84.86M	1.6×	15.8×	7.9×	78.8×	0.33×	—	63.45%	6.34%	—	400.0%
134	STONKSTONK	$83.98M	0.3×	0.4×	0.3×	0.4×	—	—	304.20%	267.79%	161.00%	-0.0%
135	SafeSAFE	$81.49M	134.2×	134.2×	171.4×	171.4×	—	—	0.74%	0.74%	—	27.7%
136	LivepeerLPT	$81.35M	246.5×	246.5×	246.5×	246.5×	—	—	0.41%	0.41%	0.41%	0.0%
137	AmpAMP	$80.74M	—	—	—	—	58.70×	—	—	—	—	11.1%
138	NumeraireNMR	$79.82M	—	—	—	—	31,093×	—	—	—	—	47.9%
139	ADIADI	$77.66M	—	—	—	—	58.03×	—	—	—	—	10,499.4%
140	KavaKAVA	$76.56M	—	—	—	—	3.64×	—	—	—	—	0.0%
141	Rootstock Infrastructure FrameworkRIF	$74.73M	219.6×	—	219.6×	—	0.94×	—	0.46%	—	—	0.0%
142	CoW ProtocolCOW	$74.00M	3.2×	5.6×	5.5×	9.8×	—	—	31.64%	17.74%	—	74.1%
143	VeloVELO	$71.94M	44,737×	44,737×	61,130×	61,130×	998.57×	—	0.00%	0.00%	—	36.6%
144	ZIG FinanceZIG	$70.73M	—	—	—	—	17.49×	—	—	—	—	38.7%
145	ZetaChainZETA	$70.38M	—	—	—	—	202.57×	—	0.00%	—	—	26.8%
146	ALEOALEO	$69.41M	—	—	—	—	38.21×	—	—	—	—	39.1%
147	Flying TulipFT	$67.53M	37.2×	41.9×	39.5×	44.5×	4.56×	—	2.69%	2.39%	—	6.2%
148	QubicQUBIC	$66.64M	—	—	—	—	1,294×	—	—	—	—	24.0%
149	LineaLINEA	$66.41M	138.8×	138.8×	405.0×	405.0×	2.76×	$22,796	0.72%	0.72%	—	191.9%
150	o1.exchangeO	$66.32M	7.7×	13.2×	48.0×	82.6×	—	—	13.02%	7.56%	—	525.0%

anualizado a partir dos 30 dias corridos; capitalização em determinado momento site calculation from CoinGecko and DeFiLlama inputs observed 19 Oct 2026 07:04 UTC

O que cada índice representa e onde ele falha

Market Cap / Annualized Fees Compares a token's market value with the fees users paid to the network over a year. Providers disagree on what a fee is: priority tips and maximal extractable value are counted by some and excluded by others, and front-end interface fees taken by a separate company are usually invisible entirely. Assets that charge almost… annualized from trailing 30 days

Market Cap / Annualized Revenue Market value divided by the share of yearly fees the protocol keeps rather than paying out. The split between fees and revenue is a modeling choice, not an observation, and providers draw it in different places for the same protocol, so two reputable sites can differ by a multiple on the same token. The cost of earning that… annualized from trailing 30 days

FDV / Annualized Fees Like the market cap version, but values every token that will ever exist at today's price. There is no single definition of fully diluted supply: some providers use the coded maximum, some use current total supply, and some use supply after all published vesting completes, so the same token can carry three different FDVs. Assets… annualized from trailing 30 days

FDV / Annualized Revenue Fully diluted market value divided by the yearly fee income the protocol retains. Both inputs are estimates, so the errors compound: a provider that defines fully diluted supply generously and revenue narrowly will report a multiple several times another provider's for the identical protocol. Projects still distributing… annualized from trailing 30 days

Market Cap / TVL Compares a token's market value with the value of assets currently deposited in its contracts. Total value locked double-counts routinely: ether staked through a liquid staking provider produces a receipt token, which is deposited into a lending market, borrowed against, and redeposited, and each leg can be counted. Because it is… point-in-time

FDV / TVL Fully diluted market value divided by the value of assets deposited in the protocol. It inherits every problem of both inputs at once: recursive double-counting in deposits and an undefined or provider-specific diluted supply. Protocols that attracted deposits with token emissions are the common case here, and those same… point-in-time

Market Cap per Active Address Market value divided by the number of addresses that sent or received anything recently. Addresses are not users in either direction: one person can generate an unlimited number of addresses for free, while a single exchange deposit address can serve millions of customers whose trades never touch the chain. Rollups, batching… point-in-time value over trailing 30 days of activity

Fee Yield Total yearly fees paid by users, expressed as a percentage of the token's market value. Gross fees include amounts that never accrue to the protocol or to token holders in any form, so a high figure can coexist with a protocol that retains nothing. Fees paid to validators or liquidity providers are compensation for a cost… annualized from trailing 30 days

Network Revenue Yield Yearly protocol revenue expressed as a percentage of the token's market value. Nothing is distributed in the great majority of cases, so the figure describes revenue that stays with a treasury, with validators, or is destroyed by a burn mechanism rather than paid out. Where value does reach holders it arrives as… annualized from trailing 30 days

Holder Revenue Yield The share of fee income that actually reaches token holders, as a percentage of market value. A burn reaches holders only as a proportional supply reduction, and it can be entirely offset by issuance elsewhere in the same protocol, which this figure does not net off. Fee distributions to stakers are received only by tokens that are… annualized from trailing 30 days

Dilution overhang How much larger fully diluted valuation is than market capitalization. Fully diluted valuation prices tokens that do not yet trade at the price of tokens that do, which is an assumption, not a measurement. For assets with very long emission schedules the arithmetic is close to meaningless. point-in-time

NVT (Network Value to Transactions) Network value divided by the daily value moved on-chain, smoothed over about three months. The denominator counts change outputs, self-transfers, and exchange rebalancing as settlement, and the adjustment heuristics used to remove them differ enough between providers that NVT values from two sites are not comparable. The measure… point-in-time value over a smoothed 90-day denominator

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O que cada índice representa e onde ele falha

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