Oasis Network (ROSE)
Privacy-focused L1 targeting confidential DeFi and data tokenization; thesis valid but adoption never arrived
Ranked 213th of 251 rated tokens. Scoring pass 11 Jun 2026.
What the numbers say
ROSE scores 84 of 250 across the 25-variable framework, which places it 213th of 251 rated tokens and inside the bottom quartile of the set. The framework verdict is PASS.
The score rests on Real Staking Yield 5/10, 37th of 251, Regulatory Safety 6/10, 52nd of 251, Holder Concentration 4/10, 58th of 251 and Exchange Depth 5/10, 73rd of 251.
Against the same universe, ROSE sits in the bottom third on Active Users 2/10, 220th of 251, Network Growth 2/10, 215th of 251, Buyback and Burn 1/10, 205th of 251 and Vesting Schedule 3/10, 204th of 251. These are the variables that would have to move for the verdict to change.
Only 79.3% of ROSE's maximum supply is in circulation, so 1.26x the current float is still scheduled to arrive. Holding price per token flat while the rest enters circulation implies 20.7% of the fully diluted value sitting ahead of today's holders. That is a real but manageable overhang.
ROSE trades 99.04% below its all-time high of $0.5973. Recovering that level is a 104.2x move, not a 99.04% one, which is the arithmetic most drawdown charts hide.
$7.5M sits in the protocol. Each dollar of value locked carries 6.06 dollars of token market cap.
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 | 2 | 166th of 251 | |
| Revenue Trend | 2 | 191st of 251 | |
| P/S Multiple | 3 | 182nd of 251 | |
| Real Staking Yield | 5 | 37th of 251 |
Supply
| Supply Inflation | 3 | 199th of 251 | |
| Vesting Schedule | 3 | 204th of 251 | |
| Circulating / FDV Ratio | 5 | 135th of 251 | |
| Buyback and Burn | 1 | 205th of 251 |
Ownership
| Smart Money Flows | 3 | 149th of 251 | |
| Insider Selling | 4 | 151st of 251 | |
| Holder Concentration | 4 | 58th of 251 |
Traction
| TVL Trend | 2 | 189th of 251 | |
| Active Users | 2 | 220th of 251 | |
| Developer Activity | 4 | 158th of 251 | |
| Network Growth | 2 | 215th of 251 |
Position
| Market Share | 2 | 203rd of 251 | |
| Competitive Moat | 4 | 114th of 251 | |
| Institutional Adoption | 3 | 115th of 251 | |
| Exchange Depth | 5 | 73rd of 251 | |
| Social Mindshare | 3 | 157th of 251 |
Risk
| Regulatory Safety | 6 | 52nd of 251 | |
| Catalyst Calendar | 4 | 90th of 251 | |
| BTC Alpha Potential | 3 | 114th of 251 | |
| Team Execution | 4 | 147th of 251 | |
| Treasury Runway | 5 | 74th 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
Oasis Sapphire confidential EVM ParaTime could attract privacy-sensitive DeFi as MEV concerns grow
Principal risk
Large unreleased supply (43% locked), near-zero TVL, privacy narrative crowded by Aztec and ZK solutions
Market and supply
| Price | $0.005725 |
| Market cap | $45.4Mrank 455 |
| All-time high | $0.597315 Jan 2022 |
| Circulating supply | 7,928,689,798 |
| Eventual supply (max supply) | 10,000,000,000 |
| Dilution to full supply | 1.26x |
| Total value locked | $7.5M |
| Listed on | Binance, KuCoin, Gate.io |
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 ROSE 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
- [CoinGecko] ROSE ATH $0.5965 in Nov 2021; down 98.3% with 43% supply still locked
- [DeFiLlama] Oasis Sapphire confidential EVM live but TVL under $10M
- [Oasis Network Blog] Oasis backed by Binance Labs, Andreessen Horowitz, VC support strong but user adoption weak
Common questions
- What is the Early Thunder score for Oasis Network (ROSE)?
- ROSE scores 84 out of 250 on the 25-variable framework, ranking 213th of 251 rated tokens (bottom quartile). The framework verdict is PASS.
- What are ROSE's strongest fundamentals?
- ROSE ranks highest on Real Staking Yield 5/10, 37th of 251, Regulatory Safety 6/10, 52nd of 251, Holder Concentration 4/10, 58th of 251 and Exchange Depth 5/10, 73rd of 251. Ranks are measured against all 251 tokens in the same scoring pass.
- What are the weakest parts of the ROSE thesis?
- ROSE scores in the bottom third of the universe on Active Users 2/10, 220th of 251, Network Growth 2/10, 215th of 251, Buyback and Burn 1/10, 205th of 251 and Vesting Schedule 3/10, 204th of 251. The single risk carried on the scorecard is: Large unreleased supply (43% locked), near-zero TVL, privacy narrative crowded by Aztec and ZK solutions
- How much ROSE supply is still to enter circulation?
- 79.3% of eventual ROSE supply is circulating today, leaving 1.26x the current float still to arrive. At a flat price per token that is 20.7% of fully diluted value ahead of current holders.
- How far is ROSE from its all-time high?
- ROSE trades 99.04% below its all-time high of $0.5973. Returning to that high requires a 104.2x move from the level used in this scoring pass.
- Which tokens have a similar profile to ROSE?
- Measured on the shape of all 25 scored variables rather than on price, the closest matches to ROSE are ALGO (97), CELO (94), KAVA (80) and DOT (103). Similarity here means the same pattern of strengths and weaknesses, not a similar market cap.
- What is the next catalyst for ROSE?
- Oasis Sapphire confidential EVM ParaTime could attract privacy-sensitive DeFi as MEV concerns grow
Keep reading
Research and analysis, not investment advice. Scores are one framework applied consistently across 251 tokens, not a prediction of price.