Badger DAO

BADGER

DeFi, financial protocol weightsMarket-cap rank 1516, CoinGecko 23 Oct 2026

STRICT score withheld.Score opens with Pro

Sustainabilitywithheld×0.20–

Transparencywithheld×0.16–

Revenuewithheld×0.24–

Innovationwithheld×0.16–

Communitywithheld×0.10–

Tokenomicswithheld×0.14–

Weights are public.

The full report. Score, pillars, arithmetic, risk, scenario, signal and notes.

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About Badger DAO

Analysis of 11 Dec 2025

Badger DAO (BADGER) is a decentralized autonomous organization designed to bridge Bitcoin with DeFi by enabling BTC across multiple blockchains. As of December 2025, BADGER trades at approximately $0.59-$0.90 with a market cap of $11.28-18.01 million, circulating 20.07 million tokens (96% of 21 million max supply).

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The protocol has undergone severe contraction in 2025: its flagship eBTC synthetic Bitcoin product was deprecated on June 11 after failing to achieve sustainable TVL, and the DAO suffered cascading exchange delistings including Binance (April 16 via community vote), OKX (June 5 margin, July 25 perpetuals), and Crypto.com (June 17). Daily trading volume ranges $1.19-7.58 million.

The Treasury Council terminated the Swiss Association relationship effective Q2 2025 to reduce unsustainable operational costs, leaving BADGER primarily treasury governance token with no active revenue-generating products.

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