Pear Protocol

Pear Protocol (PEAR) distinguishes itself as a specialized DeFi primitive addressing the specific niche of 'pair trading' by aggregating liquidity from major perp DEXs like GMX and Vertex. The project achieves high marks in Security (9/10) and Team (8.5/10), underpinned by a clean track record with multiple audits (Shieldify, Sherlock) and strong backing from reputable VCs like Castle Island Ventures. The Market and Use Case (8.2/10) is compelling, as the protocol solves the 'leg risk' friction inherent in manual pair trading, offering a genuine utility rather than just another fork. However, the overall score is dragged down by Active Development (5/10) and Community Support (5.2/10). The project operates with closed-source core contracts, which limits independent verification, and the community appears driven more by financial incentives than organic grassroots support. Tokenomics (6.8/10) are a mixed bag; while the 80% revenue share for stakers creates a powerful value accrual mechanism, the low circulating supply (~30%) poses a tangible risk of dilution via future vesting unlocks. Ideally suited for sophisticated DeFi users seeking yield and hedging tools.