BHI 3.0·Q1 2026 Bulletin
Last computed 14:32 UTC, Apr 29 2026·Spearman ρ = 0.83·Validation: preliminary
Today's bulletin →
Movers · since 14:32 UTC, Apr 29 2026
PLATFORM PROFILELDO

Lido

$1.8BDominant liquid stakingCrypto Infrastructure
0.80
B-index (V3.1)
GROWING GRAVITY
Capture0.451
Escape0.567
Key Structural Insight

Lock-in through derivative standardization. stETH is the de facto unit of staked ETH.

Eleven-Parameter Profile

5DATAMEMACTPROCNETCLOSEPORTSUBFALLORGMOM
Data Depth4/10
Memory4/10
Action5/10
Process6/10
Network8/10
Closeness4/10
Portability6/10
Substitutability4/10
Human Fallback7/10
Org Depth6/10
Momentum5/10
Capture Escape Extended

V3.1 Decomposition

ComponentValueFormula
CES₄ capture core0.4715CES(d, m, a, p)
Knowledge synergy σₖ0.4000√(d · m)
Operability synergy σₒ0.5477√(a · p)
Synergy boost1.14221 + 0.3·(σₖ + σₒ)/2
Org-depth multiplier1.30001 + 0.5·o
Momentum multiplier1.15001 + 0.3·t
Total Capture0.4508c·(1+0.5n)·core·syn·org·mom
CES₃ escape core0.5594CES(x, s, h)
Feedback attenuation0.8350max(0.3, 1 − 0.35·core)
Total Escape0.5671ε + escCore · feedback
B = Capture / Escape0.800.451 / 0.567

Scoring Rationale

stETH is dominant liquid staking derivative. Integrated across DeFi as collateral. Network effect through stETH liquidity and composability.

Parameter Sensitivity

MARGINAL B-INDEX CHANGE PER ±1 SCORE SHIFT
CLOSE4
+0.40
DATA4
+0.12
MEM4
+0.12
ACT5
+0.11
PROC6
+0.10
SUB4
-0.09
PORT6
-0.08
FALL7
-0.07
ORG6
+0.06
NET8
+0.06
MOM5
+0.04
+ raises B (deepens lock-in) lowers B (aids escape)

Comparable PlatformsCrypto Infrastructure (7 peers)

#PlatformTickerB-indexZone
01Binance (Exchange)BNB3.47BLACK HOLEProfile →
02ChainlinkLINK2.99BLACK HOLEProfile →
03MetaMask (Wallet)-2.56BLACK HOLEProfile →
04CoinbaseCOIN1.83EVENT HORIZONProfile →
05AaveAAVE1.67EVENT HORIZONProfile →
06UniswapUNI0.96GROWING GRAVITYProfile →
07OpenSea-0.63GROWING GRAVITYProfile →