Across Protocol (ACX)
Intent-based cross-chain bridge. Highest revenue-per-dollar-bridged. 100% fee buyback to stakers.
Ranked 37th of 251 rated tokens. Scoring pass 11 Jun 2026.
What the numbers say
ACX scores 137 of 250 across the 25-variable framework, which places it 37th of 251 rated tokens and inside the top quartile of the set. The framework verdict is CAUTIOUS HOLD.
ACX is a top-10 name in the set on 3 variables. The score rests on P/S Multiple 9/10, 1st of 251, Real Staking Yield 7/10, 5th of 251, Revenue Trend 7/10, 6th of 251 and Buyback and Burn 7/10, 13th of 251.
Against the same universe, ACX sits in the bottom third on Exchange Depth 3/10, 220th of 251. These are the variables that would have to move for the verdict to change.
Only 70.5% of ACX's maximum supply is in circulation, so 1.42x the current float is still scheduled to arrive. Holding price per token flat while the rest enters circulation implies 29.5% of the fully diluted value sitting ahead of today's holders. That is a real but manageable overhang.
ACX trades 97.7% below its all-time high of $1.69. Recovering that level is a 43.5x move, not a 97.7% one, which is the arithmetic most drawdown charts hide.
The framework score gained 137 points against the previous pass (0 to 137). Revisions of this size follow a change in the underlying variables, not a change in price.
$180.0M sits in the protocol. The token is capitalised below the value locked in the protocol.
25-variable breakdown
Each variable is scored 1 to 10 and ranked against every other rated token, so a 7 that ranks 20th means something different from a 7 that ranks 180th. The rank is the part that is hard to get anywhere else.
Cash flow
| Protocol Revenue | 6 | 21st of 251 | |
| Revenue Trend | 7 | 6th of 251 | |
| P/S Multiple | 9 | 1st of 251 | |
| Real Staking Yield | 7 | 5th of 251 |
Supply
| Supply Inflation | 5 | 61st of 251 | |
| Vesting Schedule | 5 | 100th of 251 | |
| Circulating / FDV Ratio | 6 | 88th of 251 | |
| Buyback and Burn | 7 | 13th of 251 |
Ownership
| Smart Money Flows | 5 | 48th of 251 | |
| Insider Selling | 6 | 21st of 251 | |
| Holder Concentration | 4 | 58th of 251 |
Traction
| TVL Trend | 6 | 19th of 251 | |
| Active Users | 5 | 38th of 251 | |
| Developer Activity | 6 | 33rd of 251 | |
| Network Growth | 5 | 52nd of 251 |
Position
| Market Share | 5 | 52nd of 251 | |
| Competitive Moat | 5 | 57th of 251 | |
| Institutional Adoption | 3 | 115th of 251 | |
| Exchange Depth | 3 | 220th of 251 | |
| Social Mindshare | 4 | 86th of 251 |
Risk
| Regulatory Safety | 6 | 52nd of 251 | |
| Catalyst Calendar | 5 | 50th of 251 | |
| BTC Alpha Potential | 5 | 13th of 251 | |
| Team Execution | 6 | 30th of 251 | |
| Treasury Runway | 6 | 33rd of 251 |
The vertical tick on each bar marks the median score across all 251 rated tokens, so a bar ending left of the tick is below the universe on that variable.
Catalyst and risk
Next catalyst
Growing bridge volume, fee buyback mechanism, UMA network integration
Principal risk
Intent-based competition (UniswapX), relayer centralization, low liquidity
Market and supply
| Price | $0.0391 |
| Market cap | $27.6Mrank 671 |
| All-time high | $1.696 Dec 2024 |
| Circulating supply | 704,657,633 |
| Eventual supply (max supply) | 1,000,000,000 |
| Dilution to full supply | 1.42x |
| Total value locked | $180.0M |
| Listed on | Binance, Uniswap |
Price, market cap, supply and all-time high from CoinGecko, fetched 6 Aug 2026. The 25 scores come from the research pass dated 11 Jun 2026 and don't move with price.
Tokens with a similar profile
These are the closest matches to ACX measured on the shape of all 25 variables after removing overall quality, so what they share is a pattern of strengths and weaknesses rather than a similar size or price.
Sources
- [DeFiLlama Bridges] Intent-based bridge with highest revenue efficiency
Common questions
- What is the Early Thunder score for Across Protocol (ACX)?
- ACX scores 137 out of 250 on the 25-variable framework, ranking 37th of 251 rated tokens (top quartile). The framework verdict is CAUTIOUS HOLD.
- What are ACX's strongest fundamentals?
- ACX ranks highest on P/S Multiple 9/10, 1st of 251, Real Staking Yield 7/10, 5th of 251, Revenue Trend 7/10, 6th of 251 and Buyback and Burn 7/10, 13th of 251. Ranks are measured against all 251 tokens in the same scoring pass.
- What are the weakest parts of the ACX thesis?
- ACX scores in the bottom third of the universe on Exchange Depth 3/10, 220th of 251. The single risk carried on the scorecard is: Intent-based competition (UniswapX), relayer centralization, low liquidity
- How much ACX supply is still to enter circulation?
- 70.5% of eventual ACX supply is circulating today, leaving 1.42x the current float still to arrive. At a flat price per token that is 29.5% of fully diluted value ahead of current holders.
- How far is ACX from its all-time high?
- ACX trades 97.7% below its all-time high of $1.69. Returning to that high requires a 43.5x move from the level used in this scoring pass.
- Which tokens have a similar profile to ACX?
- Measured on the shape of all 25 scored variables rather than on price, the closest matches to ACX are VELA (107), ETHFI (162), VELO (121) and VRTX (121). Similarity here means the same pattern of strengths and weaknesses, not a similar market cap.
- What is the next catalyst for ACX?
- Growing bridge volume, fee buyback mechanism, UMA network integration
Keep reading
Research and analysis, not investment advice. Scores are one framework applied consistently across 251 tokens, not a prediction of price.