Subscribe Latest Ratings Contact Us Login

The full ABRACADABRA DIGITAL ASSET REPORT is available when you subscribe to SIMETRI Premium:
Monthly reports on high profile and top market cap coins

B- Investment Grade



Abracadabra extends the MakerDAO and DAI concept of decentralized, automated lending of stablecoins in exchange for collateral (aka “collateralized debt positions”). By adding more features and making its lending available on other blockchains outside of Ethereum, Abracadabra has quickly bootstrapped a sizable ecosystem.

However, in spite of its success and potential to challenge MakerDAO for leadership in the decentralized niche of the stablecoin market, Abracadabra will likely still be eclipsed by centralized competitors like USDC.

Still, Abracadabra is expected to be a key competitor in the stablecoin market. As a result, the project receives an investable grade of B-.

Key Takeaways:

  • While Abracadabra could do well in the decentralized stablecoin niche, it will likely be eclipsed by centralized competitors.
  • The project’s technology is superior to that of MakerDAO mainly because it works across multiple blockchains.
  • Unlike MakerDAO’s MKR, SPELL gives rights to protocol-earned fees.
  • The project’s founder also works on other projects. This creates a risk of him not spending enough time ensuring Abracadabra is successful.

Read full report

Buy recommendations for smaller market cap coins with strong fundamentals and high growth potential

Pick Of The Month Report

Twice a month Pick Of The Month buy recommendations from SIMETRI Premium

Safer Pick



Convex’s business model is built on Curve, a DeFi blue chip that continues to be one of the market leaders. It repackages Curve’s governance into a liquidity bootstrapping product that is already being used by projects like Abracadabra and Alchemix, and there is potential for more projects using it down the line. Ergo, Convex is one of the few examples of business-to-business models in crypto.

Read full report


You’ll have 30 days to check out everything except the latest buy recommendation from SIMETRI.

If you're not happy? Contact us at
855-431-1299 or [email protected].

For a full refund. 100% Guaranteed

One more thing... If you commit to the subscription, you’ll get more than our latest Pick Of The Month.

You’ll join a community of real people investing real money in crypto and once a week, you can ask questions about the market on a live call with people from our team.

SIMETRI Premium Annual Membership


Yearly Membership
$2000 / year

Monthly small-cap altcoin buy recommendations from 2,233%+ gain Pick Of The Month portfolio

Monthly reports on emerging and major cryptocurrencies

Members-only chat on Discord after finishing 30-Day Risk-Free Trial

30-Day Risk-Free Trial when paid by credit card

Select Payment Method
No refunds for crypto payments