Proof of Usefulness Report

Mudrex

Analysis completed on 1/26/2026

+754

Proof of Usefulness Score

Unicorn Utility

Mudrex is a high-growth, Y Combinator-backed (W19) crypto investment platform with verified annual revenue exceeding $47M (₹398Cr) and over 1 million users, significantly outperforming the 'Small but promising' benchmark. While the submission text itself was extremely low-quality (e.g., claiming 'most people have used my product'), independent verification confirms exceptional real-world utility, regulatory compliance (FIU-India registered), and market traction. The score reflects the strong underlying business fundamentals despite the poor quality of the submission inputs.

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Score Breakdown

Real World Utility+225

Audience Reach Impact+170

Technical Innovation+112.5

Evidence Of Traction+237.5

Market Timing Relevance+90

Functional Completeness+2.5

Subtotal+837.5

Usefulness Multiplierx0.90

Final Score+754

Project Details

Project URL

mudrex.com

Description

Mudrex is on a mission to democratise investing in financial markets. Mudrex helps everyday investors smartly invest in crypto in automated way. Investors choose their risk appetite and Mudrex diversifies their capital in multiple trading algorithms built by best traders in crypto.\n\nWe have been growing at 40% MoM last 10 months now and looking for passionate people to help use take the net leap in our journey.

Algorithm Insights

Market Position

Strong market validation with clear user adoption patterns

User Engagement

Documented reach suggests active user community

Technical Stack

Modern tech stack aligned with sponsor technologies

Recommendations to Increase Usefulness Score

Document User Growth

Provide specific metrics on user acquisition and retention rates

Showcase Revenue Model

Detail sustainable monetization strategy and current revenue streams

Expand Evidence Base

Include testimonials, case studies, and third-party validation

Technical Roadmap

Share development milestones and feature completion timeline