Skins most discounted vs all-time high
Ranking of CS2 skins that fell the most from their all-time high (ATH). Drawdown measures the current distance to peak — the more negative, the "cheaper" the skin is relative to its best moment.
Not an automatic buy signal. Deep drawdown can be a cyclical opportunity (whole market fell) or a structural decline (skin lost relevance, pattern went out of style, supply expanded). Use this table as a starting point for research, not a recommendation.
Average drawdown across the 50 biggest drops: -96.4%.
How to use this ranking
Look beyond the drawdown. A skin -80% from a peak hit 30 days ago is very different from -80% from 3 years ago. The days since peak column helps you understand context: recent drop (could keep falling) or longstanding stability (could be time to revisit).
Cross-check with liquidity. Skin with massive drawdown but 30% spread = trap. You won't exit at the reference price. Open the individual skin page to check spread and depth before any decision.
Avoid value traps. The older the skin and the further from peak, the higher the chance it's a structural decline (pattern out of style, case fell out of rotation, etc). Not every skin in drawdown is an opportunity.