methodology

How a verdict on this site is produced

There is no editorial judgement in any status label on this site. A script reads a fee series and applies fixed thresholds. Here they are in full, so you can disagree with them precisely.

The source

Every number comes from DefiLlama's fees dataset, read through api.llama.fi/summary/fees/{slug}. DefiLlama's adapters are open source, one file per protocol, and each protocol page links to the adapter that produced its number. Where an adapter watches a specific fee wallet, a protocol that moves its fees elsewhere will appear to fall to zero. We treat that case explicitly rather than calling it death.

We report fees, not volume and not revenue. Fees are the total paid by users of the product. That is the number that most directly tracks whether anyone is still trading through it.

The six statuses

Rules are evaluated in this order and the first match wins.

No data

DefiLlama returns no usable series. We say we do not know instead of guessing.

Dead or abandoned

Under $2,000 in fees over the last 30 days. Or under $10,000 while sitting more than 99% below its own peak 30-day window.

Fading

Down more than 25% against the previous 30 days. Shrinking right now, whatever the absolute size.

Growing

Up more than 25% on the prior 30 days, above $100K in the last 30 days, and above 10% of its own peak window, so a bounce off the ruins does not qualify.

Diminished

Not shrinking, but below 15% of its own peak 30-day window. A working product with a fraction of the users it once had.

Alive

Everything else. Collecting meaningfully and matching no decline rule.

Why "dead" needs an absolute floor

The obvious rule is to call a bot dead once it falls some percentage below its peak. That rule is wrong, and it is wrong in the direction that makes this whole site untrustworthy. As of August 23, 2026, Photon sits 99.2% below its own best 30-day window and still collected $656K in fees over the last 30 days. Calling that dead to make a headline would be the same failure as quoting its peak number two years later, just pointed the other way.

So dead requires a small absolute number, not a large relative fall. Everything that has collapsed against its peak but still moves real money gets the Diminished label instead, and the page states both figures.

The peak comparison

Every page compares a bot against its own best 30-day window, computed by sliding a 30-day sum across the entire history DefiLlama holds. That is deliberately the harshest fair comparison available, and it is the number the stale listicles are implicitly quoting when they describe a bot at its height.

The cliff rule

If a bot's monthly fee take drops by more than 94% in a single month, from a base above $20,000, the page flags it and states plainly that we cannot distinguish a shutdown from a change in fee routing. Both produce an identical chart from outside. Guessing would be the easy thing and it would be wrong.

What these numbers are not

Conflicts of interest

Right now, no outbound link on this site is a referral link. The config that would hold them is empty. If that changes, every paying link gets marked ref on the page and declared here. The verdict classifier does not receive that config. It cannot see which protocols we earn from. That is the only way a page like this is worth reading.

Currently tracking 32 tools.

Questions

Where does the data come from?

DefiLlama's public fees API, specifically the per-protocol endpoint https://api.llama.fi/summary/fees/{slug}. It is free, it is open source, and each protocol's adapter code is public so you can read exactly which wallets are being counted.

What counts as dead?

A protocol is marked dead when its trailing 30-day fee take is under $2,000, or under $10,000 while more than 99% below its own best 30-day window. Dead deliberately requires a small absolute number rather than a large relative fall, because a tool can be 99% off a mania peak and still be a working business taking six figures a month. Those get labelled Diminished, not dead. All thresholds are in the generator's source, not in a human's head.

Do referral relationships change a verdict?

No. The classifier runs on the fee series and does not know which protocols we have a referral relationship with. If a bot we would earn from is collapsing, its page says it is collapsing.

Why not use volume instead of fees?

Volume is easier to inflate. Fees are a payment that actually leaves a user's wallet and lands somewhere on-chain, which makes them the harder number to fake. They are also what DefiLlama's adapters measure most consistently across this category.

Disclosure. No outbound link on this page is a referral link. If that changes, links that pay us will be marked ref and this line will say so. Fee figures come from DefiLlama, are stated as of August 23, 2026 (UTC), and every one of them links to the source page it came from. Nothing here is financial advice, and nothing here claims any of these tools is profitable to use.