Grade C · Revenue: $63,000–$65,000 cumulative yield and buyback as of approximately March 2025 (not annualized run-rate) · 31 min — DLMM is a micro-cap DeFi treasury project that has demonstrated genuine financial discipline — real fee-based yield, token burns, and founder-funded tax payments — but remains subscale at $80K AUM with declining trading volume as its…
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