CM Score – how we score airdrops

CM Score is our airdrop rating from 0 to 100. The higher the number, the more promising the project by our criteria. Calculated on the fly from live data, no manual tweaks, no paid placements.

What it is

CM Score is a single number that shows an airdrop project's potential. We don't believe in gut feelings or hype, so we reduced the evaluation to six concrete metrics: how much money the project raised, who backed it, how active it is on social media and how deeply funds believe in it.

The score is recalculated every time you open the page – we don't store the result in the database. That means: new funding round data, a fresh Twitter Score, a top-tier investor added – everything shows up in the score immediately.

6 metrics in the formula

The weights of all metrics add up to 100 points. Each one works on a logarithmic scale: the first steps give maximum gains, and after a certain threshold points are added more slowly. This is fairer than a linear scale – a project with $100M raised shouldn't be 100 times better than a project with $1M.

Funding amount

30 points

How much money the project has raised from investors. Logarithmic scale from $50K to $200M. For reference: $500K gives ~8 points, $1M – 10, $5M – 16, $10M – 18, $30M – 23, $100M – 28, $200M and above – the max of 30. We pull the data from funding rounds and public reports.

Investor tier

20 points

Who actually put money into the project. Tier 1 funds (a16z, Paradigm, Sequoia, Polychain) – 12 base points. Tier 2 (Dragonfly, Galaxy, Hashed, Variant) – 9. Lower tiers get less. We add 2 bonus points if the investor list includes funds with a high share of successful airdrops in their portfolio. The logic: investors with a reputation won't back an obviously weak project.

Moni Score

15 points

An activity and audience quality metric for Twitter/X from getmoni.io. It accounts for follower count, engagement, account age and bot share. Scale from 100 to 25,000 – the median in our database is ~2,400, top 5% of projects score above 15,000.

Twitter Score

15 points

An alternative Twitter activity score from twitterscore.io. Works on similar principles but with different weights – that's why we track both metrics. Scale from 5 to 500 points. Median ~50, top 5% – above 350.

Funding depth

10 points

How many funding rounds the project has gone through and how many unique investors backed it. One round with three angels is not the same as three rounds with twenty funds involved. The first signals an early stage, the second, maturity and varied support.

Investor ROI

10 points

Historical ROI of the funds that invested in this project. If Galaxy (ROI 3.68x) or CoinFund (16.44x) is in the cap table, that's a strong signal – these funds historically pick projects whose tokens appreciate after listing. Scale from 1x to 50x based on the best investor in the round.

Score scale

The final score falls into one of five ranges. The colour on the site is an intuitive cue – green is good, grey is bad. But in the ranking we look at the whole number: the gap between 65 and 75 can be decisive, even if both fall into the «Good» range.

80–100Excellent – worth attention

60–79Good – promising

40–59Average – check manually

20–39Weak – skip or wait for updates

0–19Low – informational

Why logarithmic scales

The gap between $0 and $5M raised means much more than the gap between $100M and $200M. A logarithm accounts for that – each order of magnitude (from $100K to $1M, from $1M to $10M) adds roughly the same number of points.

Same story with Twitter metrics: a project with 50 followers and one with 5,000 live in different worlds. Between 50,000 and 500,000 the difference is no longer critical. A linear scale would bunch every score up at the top of the range.

What CM Score does NOT account for

The rating leans on measurable data. A few important things we deliberately leave out of the equation:

Code and architecture quality – impossible to evaluate automatically
Airdrop conditions – the project can change participation criteria at any moment
Market conditions – in a bear market even strong projects produce weak drops

So CM Score is not a verdict but a first-pass filter. A project with a high score is worth a closer look. A project with a low score can probably be skipped.

Data sources

We don't make up numbers and don't collect them by hand. Every metric is pulled automatically from public sources:

Funding rounds and investor tiers – CryptoRank API
Moni Score – getmoni.io (daily scrape, 150 projects)
Twitter Score – twitterscore.io (daily scrape, 150 projects)
Investor ROI – CryptoRank /funds, weekly update

Now you know how it works. Head over to the list and see the ratings in action:

Browse airdrops