The ABYSS Risk sums up, in a single 0-to-1 number, where WAVES sits in its cycle: near 0 = historic floor (opportunity), near 1 = top (maximum risk). Same open formula as Bitcoin's, calibrated on WAVES's own history.
WAVES ABYSS Risk · full history
▼/▲ mark the tops/bottoms of Bitcoin's cycle (market reference), not this asset's own turning points.
The 0–1 scale is per-asset (built from WAVES's own history, not 1:1 with Bitcoin). Method, formula and the point-in-time backtest (no look-ahead) are explained on the main risk page — including that the scale is calibrated in-sample.
