Infrastructure Token Dashboards

26 Protocols · Intelligence · Risk · Tokenomics · Apr 2026
Disclaimer: These dashboards are simulated illustrative outputs demonstrating the target format and methodology of the Omisor 8 domain assessment framework. The scores, ratings, and recommendations shown represent the intended structure and decision logic of the platform under development. They are not live production alerts, not generated by a trained model against a held out dataset, and do not constitute financial advice or a performance track record.

Executive Summary

Token Stage Status Comp Cert Risk Primary Risk
ETHMatureACCUMULATE0.890.820.18Competition
LINKMatureACCUMULATE0.810.760.22Oracle competition
UNIMatureNEUTRAL0.730.790.28Fee switch scope
EIGENMatureNEUTRAL0.710.680.30Value capture gap
LDOMatureNEUTRAL0.690.710.35LST competition
GRTGrowthNEUTRAL0.680.610.38Query volume
ZKGrowthNEUTRAL0.660.580.38L2 competition
ZROGrowthNEUTRAL0.650.520.42Cross chain demand
DOTMatureNEUTRAL0.640.720.42Parachain adoption
AEROGrowthNEUTRAL0.630.550.42Base ecosystem
PROVEEarlyMONITOR0.670.410.52Margin compression
ZKCEarlyNEUTRAL0.620.350.52Demand vs inflation
LINEAEarlyMONITOR0.580.480.55L2 competition
RSRGrowthMONITOR0.560.490.52RTokens adoption
ADIEarlyWATCH0.550.320.7590% unlock overhang
SQDEarlyWATCH0.540.380.62Data lake traction
SQTEarlyWATCH0.480.350.75Security exploit (Apr 2026)
NEXUSEarlyNEUTRAL0.640.350.48Mainnet execution (Q2 2026)
SUIGrowthNEUTRAL0.710.620.32Move language adoption
SEIGrowthNEUTRAL0.580.540.48Orderbook traction
CANTONMatureNEUTRAL0.680.710.32Institutional only
NEARMatureNEUTRAL0.660.680.32Chain abstraction
FILMatureNEUTRAL0.610.640.45Storage demand
SXTEarlyMONITOR0.550.480.52Upcoming unlocks (387M)
WLDGrowthWATCH0.520.480.65Orb deployment
TAOGrowthMONITOR0.590.510.52Subnet competition
ZK & Infrastructure Layer
ZKC (Boundless) Comp: 0.62 | Cert: 0.35 | NEUTRAL | $0.12 | ~$35M mcap
📊 Project Intelligence
Stage: Early Growth | Snapshot: Apr 2026

8 DOMAIN SCORES:
  Fundamentals     0.71  Team 0.78 | $40M Series A (Blockchain Capital)
  On Chain         0.35  363+ provers | Mainnet Sept 2025
  Liquidity        0.28  Low volume (early)
  Developer        0.68  First RISC-V zkVM (2021)
  Governance       0.22  Immature (PoVW)
  Narrative        0.66  "Universal proving layer"
  Competitive      0.61  vs SP1, Pico
  Compliance       0.55  Moderate (Upbit warning Oct 2025)

COMPOSITE: 0.62 | CERTAINTY: 0.35
🛑 Risk Radar
RISK CONCENTRATION: 0.52 (MODERATE HIGH)

DOMAIN RISKS:
  Fundamentals     0.32  LOW
  On Chain         0.58  HIGH  (early traction)
  Liquidity        0.72  HIGH  (low volume)
  Developer        0.38  MODERATE
  Governance       0.55  HIGH
  Narrative        0.42  MODERATE
  Competitive      0.62  HIGH  (SP1 leading)
  Compliance       0.52  MODERATE
  Security         0.38  MODERATE (early, audited)

TOKENOMICS RISK:
  Supply locked:         71% ⚠ HIGH
  Yearly inflation:      7% ⚠ HIGH (Year 1, tapering to 3%)
  Inflation model:       ⚠ INFLATIONARY (constant emission)
  Value capture:         Early ⚠ UNPROVEN

CONCENTRATION FLAGS:
  ⚠ Mainnet launched Sept 2025 (7 months ago)
  ⚠ 7% Year 1 inflation creates constant sell pressure
  ⚠ Proving market demand uncertain
  ⚠ Upbit warning triggered 46% crash (resolved)
💸 Tokenomics Dashboard
SUPPLY DYNAMICS:
  Price:                 ~$0.12 (from $0.29 ICO)
  Market Cap:            ~$35M (estimated)
  Max:                   1,000M
  Circulating:           ~65M (6.5%)
  Locked/Collateral:     Prover stakes

ALLOCATION:
  Ecosystem Growth:      416M (41.6%)
  Strategic Partners:    215M (21.5%)
  Team/Contributors:     235M (23.5%)
  Community/Sale:        83M (8.3%)

INFLATION:
  Emission:              130M/year (13.0% Year 1)
  Schedule:              Y1: 13% → Y8: 3%
  Effective:             High (inflationary)

BOUNDLESS NETWORK METRICS:
  Mainnet Launch:        Sept 15, 2025
  Active Provers:        363+ (growing to 1,000)
  Key Integrations:      Wormhole, Citrea, Stellar
  Architecture:          Proof of Verifiable Work (PoVW)

TOKEN UTILITY:
  Primary:               Prover mining (PoVW)
  Secondary:             Governance, staking
  Burn:                  50% of slashed collateral

VALUE CAPTURE:
  Direct:                None currently
  Model:                 Provers earn ZKC for work
  Ratio:                 0% (no fee accrual)

FLAGS:
  ⚠ Inflationary token (13.0% Year 1, 3% Year 8)
  ⚠ Down ~60% from ICO ($0.29)
  ⚠ First RISC-V zkVM (2021)
  ⚠ 363+ provers on network
  ⚠ 93.5% supply not circulating
  ⚠ 13.0% yearly inflation
  ⚠ Demand must 3x to absorb
PROVE (Succinct) Comp: 0.67 | Cert: 0.41 | MONITOR | $0.22 | $44M mcap
📊 Project Intelligence
Stage: Early Growth | Snapshot: Apr 2026

8 DOMAIN SCORES:
  Fundamentals     0.68  Team 0.72 | $55M from Paradigm
  On Chain         0.35  SP1 Prover Network live
  Liquidity        0.38  $6.4M daily volume
  Developer        0.68  SP1 SDK adopted (Optimism, Arbitrum)
  Governance       0.35  Early governance
  Narrative        0.58  "Real time proving" leader
  Competitive      0.62  vs RISC Zero, Pico (benchmark wars)
  Compliance       0.42  Low (early stage)

COMPOSITE: 0.67 | CERTAINTY: 0.41
🛑 Risk Radar
RISK CONCENTRATION: 0.52 (MODERATE HIGH)

DOMAIN RISKS:
  Fundamentals     0.32  LOW
  On Chain         0.42  MODERATE (early)
  Liquidity        0.62  HIGH (thin)
  Developer        0.32  LOW
  Governance       0.45  MODERATE
  Narrative        0.38  MODERATE
  Competitive      0.62  HIGH (RISC Zero, Pico)
  Compliance       0.42  MODERATE
  Security         0.42  MODERATE (early, audited)

TOKENOMICS RISK:
  Supply locked:         80.5% ⚠ CRITICAL
  Yearly inflation:      ~55M ⚠ HIGH (5% emission + unlocks)
  Unlock pressure:       805M tokens ⚠ CRITICAL
  Value capture:         Early ⚠ UNPROVEN

CONCENTRATION FLAGS:
  ⚠ 80.5% supply not circulating (805M unlock overhang)
  ⚠ Down 87% from ATH ($1.71)
  ⚠ 250M public incentives (25%) = high sell pressure
  ⚠ Benchmark war with RISC Zero (performance claims)
💸 Tokenomics Dashboard
SUPPLY DYNAMICS:
  Price:                 $0.224
  Market Cap:            $44M (#491)
  Max:                   1,000M
  Circulating:           195M (19.5%)
  Locked/Staked:         ~85M (8.5%)
  FDV:                   $224M (5.1x mcap)

ALLOCATION:
  Public Incentives:     250M (25%), high sell pressure
  Core Contributors:     295M (29.5%)
  Ecosystem/R&D;:         250M (25%)
  Foundation:            100M (10%)
  Investors:             105M (10.5%)

INFLATION:
  Emission:              ~130M/year (13.0%)
  Source:                Prover incentives

UNLOCK INFLATION:
  Yearly from unlocks:   ~0M (0.0%)
  Cliff schedule:        4 year vesting (Aug 2025 launch)

PROVER NETWORK METRICS:
  Proofs Generated:      6M+ (2025)
  Staked PROVE:          16M+ (25 provers)
  Integrations:          Optimism, Arbitrum, Celestia

TOKEN UTILITY:
  Primary:               Prover payment
  Secondary:             Staking, governance
  Burn:                  None

VALUE CAPTURE:
  Direct:                Protocol fees (early)
  Indirect:              Staking yields
  Ratio:                 ~15%

FLAGS:
  ⚠ 80.5% supply not circulating (805M unlock overhang)
  ⚠ Down 87% from ATH ($1.71)
  ⚠ 250M public incentives overhang
  ⚠ First team to achieve real time proving (16 GPUs)
LINEA (Linea) Comp: 0.58 | Cert: 0.48 | MONITOR | $0.0034 | $84M mcap
📊 Project Intelligence
Stage: Early Growth | Snapshot: Apr 2026

8 DOMAIN SCORES:
  Fundamentals     0.58  Team 0.72 (Consensys) | MetaMask integration
  On Chain         0.48  zkEVM L2 | 971K daily addresses (Base comparison)
  Liquidity        0.52  $17.9M daily volume
  Developer        0.45  EVM compatible (standard tooling)
  Governance       0.35  Centralized (Linea Consortium)
  Narrative        0.48  "Consensys L2" | "MetaMask's L2"
  Competitive      0.58  vs Base, zkSync, Arbitrum (late)
  Compliance       0.52  Moderate

COMPOSITE: 0.58 | CERTAINTY: 0.48
🛑 Risk Radar
RISK CONCENTRATION: 0.55 (HIGH)

DOMAIN RISKS:
  Fundamentals     0.42  MODERATE
  On Chain         0.48  MODERATE
  Liquidity        0.58  HIGH (price volatility)
  Developer        0.45  MODERATE
  Governance       0.62  HIGH (centralized)
  Narrative        0.48  MODERATE
  Competitive      0.72  HIGH (late to L2 race)
  Compliance       0.52  MODERATE
  Security         0.28  LOW (audited)

TOKENOMICS RISK:
  Supply locked:         65.4% ⚠ HIGH
  Yearly inflation:      TBD ⚠ UNKNOWN
  Unlock pressure:       1.38B tokens ⚠ HIGH
  Value capture:         None ⚠ NONE

CONCENTRATION FLAGS:
  ⚠ 65.4% supply not circulating (47.1B unlock overhang)
  ⚠ Down 93% from ATH ($0.047)
  ⚠ Late to L2 race (Base: 971K daily addresses vs Linea struggling)
  ⚠ No fee switch or value accrual yet
💸 Tokenomics Dashboard
SUPPLY DYNAMICS:
  Price:                 $0.0034
  Market Cap:            $84M (#309)
  Max:                   72,000M
  Circulating:           24.9B (34.6%)
  FDV:                   $242M (2.9x mcap)

ALLOCATION:
  Linea Consortium:      47.1B (65.4%), locked/vesting
  Ignition Program:      Estimated
  Future Airdrops:       300M planned

INFLATION:
  Emission:              TBD
  Estimate:              5-8% typical L2 (not confirmed)

UNLOCK INFLATION:
  Upcoming unlocks:      1.38B tokens ($4.7M)
    - Ignition:          480M ($1.6M)
    - Long term:         600M ($2.0M)
    - Future Airdrop:    300M ($1.0M)

TOKEN UTILITY:
  Primary:               Governance (planned)
  Secondary:             Gas, staking (TBD)

VALUE CAPTURE:
  Direct:                None currently
  Status:                No value accrual mechanism

FLAGS:
  ⚠ 65.4% supply not circulating (47.1B unlock overhang)
  ⚠ Down 93% from ATH ($0.047)
  ⚠ Late to L2 race (Base dominance)
  ⚠ Consensys backing (MetaMask, Infura)
ZK (ZKsync) Comp: 0.66 | Cert: 0.58 | NEUTRAL | $0.016 | $151M mcap
📊 Project Intelligence
Stage: Growth | Snapshot: Apr 2026

8 DOMAIN SCORES:
  Fundamentals     0.66  Team 0.78 | Matter Labs $458M raised
  On Chain         0.58  15,000+ TPS post Atlas upgrade
  Liquidity        0.38  $10.2M daily volume
  Developer        0.68  Elastic Network expanding
  Governance       0.58  Token Assembly active
  Narrative        0.62  "Elastic Network" positioning
  Competitive      0.58  vs Base, Optimism, Arbitrum
  Compliance       0.55  Moderate

COMPOSITE: 0.66 | CERTAINTY: 0.58
🛑 Risk Radar
RISK CONCENTRATION: 0.48 (MODERATE HIGH)

DOMAIN RISKS:
  Fundamentals     0.35  LOW
  On Chain         0.42  MODERATE
  Liquidity        0.62  HIGH (thin for size)
  Developer        0.32  LOW
  Governance       0.42  MODERATE
  Narrative        0.38  MODERATE
  Competitive      0.48  MODERATE (L2 wars)
  Compliance       0.42  MODERATE
  Security         0.28  LOW (audited, no major exploits)

TOKENOMICS RISK:
  Supply locked:         82.4% ⚠ CRITICAL
  Yearly inflation:      ~9.6% ⚠ HIGH (0.8% monthly unlocks)
  Unlock pressure:       11.4B tokens ⚠ CRITICAL
  Value capture:         0% ⚠ NONE (proposal pending)

CONCENTRATION FLAGS:
  ⚠ 82.4% supply not circulating (11.4B unlock overhang)
  ⚠ Down 95% from ATH ($0.32)
  ⚠ 0.8% monthly unlocks until June 2028
  ⚠ Community airdrop 17.5% fully liquid (sell pressure)
💸 Tokenomics Dashboard
SUPPLY DYNAMICS:
  Price:                 $0.0157
  Market Cap:            $151M (#205)
  Max:                   21,000M
  Circulating:           3,696M (17.6%)
  Staked:                ~2,000M (9.5%)
  FDV:                   $331M (2.2x mcap)

ALLOCATION:
  Airdrop (liquid):      3,675M (17.5%), fully unlocked
  Ecosystem:             4,179M (19.9%), governed by Token Assembly
  Team/Investors:        7,035M (33.5%), 4yr vest, 1yr cliff (passed)
  Foundation:            6,111M (29.1%), ecosystem initiatives

INFLATION:
  Emission:              ~600M/year (2.9%)
  Source:                Ecosystem incentives

UNLOCK INFLATION:
  Yearly from unlocks:   ~1,680M (8.0%)
  Monthly rate:          0.8% until June 2028
  Next major:            Ongoing team/investor unlocks

TOKEN UTILITY:
  Primary:               Gas, governance
  Future:                Fee sharing (proposal under vote)
  Burn:                  None currently

VALUE CAPTURE:
  Direct:                $0 (fees to sequencer)
  Proposal:              Buybacks + burns + staking (Nov 2025)
  Ratio:                 0%

FLAGS:
  ⚠ 82.4% supply not circulating (17.3B unlock overhang)
  ⚠ Down 95% from ATH ($0.321)
  ⚠ 9.6% combined yearly inflation
  ⚠ Atlas upgrade: 15K TPS, 1 second finality
Restaking & Staking
EIGEN (EigenLayer) Comp: 0.71 | Cert: 0.68 | NEUTRAL | $0.16 | $110M mcap
📊 Project Intelligence
Stage: Mature | Snapshot: Apr 2026

8 DOMAIN SCORES:
  Fundamentals     0.76  Treasury 0.88 | Tokenomics 0.52
  On Chain         0.42  $9.37B TVL | 235M EIGEN circulating
  Liquidity        0.91  Deep markets
  Developer        0.62  AVS growing
  Governance       0.44  3 disputes
  Narrative        0.58  "Restaking" mature
  Competitive      0.78  85%+ share
  Compliance       0.61  Improving

COMPOSITE: 0.71 | CERTAINTY: 0.68
🛑 Risk Radar
RISK CONCENTRATION: 0.36 (LOW MODERATE)

DOMAIN RISKS:
  Fundamentals     0.24  LOW
  On Chain         0.22  LOW
  Liquidity        0.18  LOW
  Developer        0.35  MODERATE
  Governance       0.48  MOD HIGH
  Narrative        0.32  LOW
  Competitive      0.28  LOW
  Compliance       0.42  MODERATE
  Security         0.42  MODERATE (fresh code, limited audits)

TOKENOMICS RISK:
  Supply locked:         86.2% ⚠ CRITICAL
  Yearly inflation:      18.8% ⚠ CRITICAL
  Unlock pressure:       235M/year ⚠ CRITICAL
  Value capture:         0% direct ⚠ NONE

CONCENTRATION FLAGS:
  ⚠ Value Capture Gap: Project 0.84 >> Token 0.52
  ⚠ Governance centralization
💸 Tokenomics Dashboard
SUPPLY DYNAMICS:
  Max:                   1,700M
  Circulating:           235M (13.8%)
  Staked (bEIGEN):       180M (10.6%)

ALLOCATION:
  Community:             765M (45%)
  Investors:             502M (29.5%)
  Team:                  434M (25.5%)

INFLATION:
  Emission:              ~85M/year (5.0%)
  Source:                Staking rewards

UNLOCK INFLATION:
  Yearly from unlocks:   ~235M (13.8%)
  Next 12mo major:       Team 109M + Investors 126M cliff

TOKEN UTILITY:
  Primary:               Staking (bEIGEN)
  Secondary:             Governance
  Burn:                  None

VALUE CAPTURE:
  Direct:                $0 of $85.6M revenue
  Indirect:              ~$45M via staking
  Ratio:                 0% direct, 53% indirect

FLAGS:
  ⚠ 86.2% supply not circulating
  ⚠ 18.8% combined inflation
  ⚠ $85.6M revenue ≠ token value
LDO (Lido DAO) Comp: 0.69 | Cert: 0.71 | NEUTRAL | $0.32 | $275M mcap
📊 Project Intelligence
Stage: Mature | Snapshot: Apr 2026

8 DOMAIN SCORES:
  Fundamentals     0.74  Treasury 0.82 | Tokenomics 0.65
  On Chain         0.78  9.5M ETH | $21.3B TVL
  Liquidity        0.88  Deep markets
  Developer        0.58  Lido V2
  Governance       0.52  DAO complex
  Narrative        0.62  "Liquid staking" mature
  Competitive      0.58  vs Rocket Pool
  Compliance       0.55  Centralization concerns

COMPOSITE: 0.69 | CERTAINTY: 0.71
🛑 Risk Radar
RISK CONCENTRATION: 0.42 (MODERATE)

DOMAIN RISKS:
  Fundamentals     0.32  LOW
  On Chain         0.35  MODERATE
  Liquidity        0.28  LOW
  Developer        0.48  MODERATE
  Governance       0.52  MOD HIGH
  Narrative        0.48  MODERATE
  Competitive      0.58  HIGH (EigenLayer)
  Compliance       0.55  MODERATE
  Security         0.28  LOW (multiple audits: MixBytes, Sigma Prime, Trail of Bits)

TOKENOMICS RISK:
  Supply locked:         11.0% ✓ LOW
  Yearly inflation:      1.5% ✓ LOW
  Unlock pressure:       5M/year ✓ MINIMAL
  Value capture:         60% ✓ MODERATE

CONCENTRATION FLAGS:
  ⚠ EigenLayer taking mindshare
  ⚠ Validator centralization critique
  ⚠ Fee pressure from competition
💸 Tokenomics Dashboard
SUPPLY DYNAMICS:
  Max:                   1,000M
  Circulating:           849M (84.9%)
  Staked:                N/A (governance token)

ALLOCATION:
  Airdrop/DAO:           650M (65%)
  Investors:             200M (20%)
  Team:                  150M (15%)

INFLATION:
  Emission:              Minimal (<10M/year, <1%)
  Source:                DAO incentives only

UNLOCK INFLATION:
  Yearly from unlocks:   ~5M (0.5%)
  Status:                Mostly circulated

TOKEN UTILITY:
  Primary:               Governance
  Secondary:             Fee capture (10% of staking)

VALUE CAPTURE:
  Direct:                10% of Lido fees
  Treasury:              $500M+
  Ratio:                 ~60%

FLAGS:
  ✓ 89% circulating (low unlock risk)
  ✓ 1.5% combined inflation
  ⚠ LST competition from EigenLayer
DEX & DeFi
UNI (Uniswap) Comp: 0.73 | Cert: 0.79 | NEUTRAL | $3.13 | $1.98B mcap
📊 Project Intelligence
Stage: Mature | Snapshot: Apr 2026

8 DOMAIN SCORES:
  Fundamentals     0.78  Treasury 0.84 | Tokenomics 0.58
  On Chain         0.81  $4B+ TVL | v4 adopted
  Liquidity        0.88  Blue chip depth
  Developer        0.83  Hook ecosystem
  Governance       0.68  Fee switch ON
  Narrative        0.66  "DEX winner" priced
  Competitive      0.71  69% retention
  Compliance       0.52  SEC overhang

COMPOSITE: 0.73 | CERTAINTY: 0.79
🛑 Risk Radar
RISK CONCENTRATION: 0.28 (LOW)

DOMAIN RISKS:
  Fundamentals     0.22  LOW
  On Chain         0.28  LOW
  Liquidity        0.18  LOW
  Developer        0.32  LOW
  Governance       0.38  MODERATE
  Narrative        0.32  LOW
  Competitive      0.42  MODERATE
  Compliance       0.48  MOD HIGH (SEC)
  Security         0.28  LOW (audited)

TOKENOMICS RISK:
  Supply locked:         28.0% ✓ LOW
  Yearly inflation:      2.4% ✓ LOW
  Unlock pressure:       10M/year ✓ LOW
  Value capture:         55% ✓ MODERATE

CONCENTRATION FLAGS:
  ⚠ Intent based DEXs, CEXs, and orderbook DEXs (e.g. Hyperliquid)
  ⚠ Hooks value capture split
  ⚠ Fee switch scope not optimal
💸 Tokenomics Dashboard
SUPPLY DYNAMICS:
  Max:                   1,000M
  Circulating:           633M (63.3%)
  Locked (governance):   ~45M (4.5%)

ALLOCATION:
  Community/Team:        600M (60%)
  Investors:             210M (21%)
  Treasury:              190M (19%)

INFLATION:
  Emission:              ~14M/year (1.4%)
  Control:               Governance controlled

UNLOCK INFLATION:
  Yearly from unlocks:   ~10M (1.0%)
  Status:                Mostly unlocked

TOKEN UTILITY:
  Primary:               Governance (fee switch)
  Secondary:             Staking (future)

VALUE CAPTURE:
  Current:               55% of fees
  Full expansion:        78%
  Revenue:               $1.3B annualized
  Ratio:                 55% → 78%

FLAGS:
  ✓ 63% circulating
  ✓ 2.4% combined inflation
  ⚠ Fee switch scope uncertainty
AERO (Aerodrome) Comp: 0.63 | Cert: 0.55 | NEUTRAL | $0.38 | $349M mcap
📊 Project Intelligence
Stage: Growth | Snapshot: Apr 2026

8 DOMAIN SCORES:
  Fundamentals     0.61  Coinbase Ventures backing
  On Chain         0.71  $365M TVL | Base leader
  Liquidity        0.62  $13.7M daily volume
  Developer        0.55  Velodrome fork (proven)
  Governance       0.55  veAERO model working
  Narrative        0.62  "Base's liquidity hub"
  Competitive      0.58  vs Uniswap on Base
  Compliance       0.55  Moderate

COMPOSITE: 0.63 | CERTAINTY: 0.55
🛑 Risk Radar
RISK CONCENTRATION: 0.42 (MODERATE)

DOMAIN RISKS:
  Fundamentals     0.35  LOW
  On Chain         0.32  LOW
  Liquidity        0.42  MODERATE
  Developer        0.42  MODERATE
  Governance       0.52  MODERATE
  Narrative        0.38  MODERATE
  Competitive      0.48  MODERATE
  Compliance       0.55  MODERATE
  Security         0.28  LOW (audited, no exploits)

TOKENOMICS RISK:
  Supply locked:         51% MODERATE
  Yearly inflation:      ~8% ⚠ MODERATE
  Unlock pressure:       Moderate
  Value capture:         High ✓ STRONG (100% to veAERO)

CONCENTRATION FLAGS:
  ⚠ 100% TVL on Base chain (single L2 risk)
  ⚠ Down 84% from ATH ($2.32)
  ⚠ Fork model replicable
💸 Tokenomics Dashboard
SUPPLY DYNAMICS:
  Price:                 $0.38
  Market Cap:            $349M (#123)
  Max:                   Infinite (emissions)
  Circulating:           368M (40%)
  Locked (veAERO):       ~552M (60.0% locked)
  Total supply:          ~920M
  FDV:                   $713M (2.0x mcap)

ALLOCATION:
  Community/LP:          Ongoing emissions
  Team/Investors:        ~300M (30% est.)
  veAERO lockers:        552M (60%)

INFLATION:
  Emission:              ~25M/year (~5%)
  Trend:                 Declining schedule

TVL & VOLUME METRICS:
  Total Value Locked:    $365M (#1 DEX on Base)
  Daily Volume:          $810M (Aug 2025 peak)
  Capital Efficiency:    2.2x (best in class)
  30 day Volume:         $21.85B

TOKEN UTILITY:
  Primary:               veAERO governance
  Secondary:             Fee sharing, bribe voting

VALUE CAPTURE:
  Direct:                100% fees to veAERO lockers
  Daily Revenue:         ~$550K (annualized $202M)
  Ratio:                 High

FLAGS:
  ✓ 60% locked in veAERO
  ✓ #1 DEX on Base by volume
  ⚠ 8% combined inflation
  ⚠ 100% Base chain concentration
  ⚠ Base ecosystem dependency
HYPE (Hyperliquid) Comp: 0.74 | Cert: 0.72 | NEUTRAL | $17.50 | $5.2B mcap
📊 Project Intelligence
Stage: Growth | Snapshot: Apr 2026

8 DOMAIN SCORES:
  Fundamentals     0.76  $400M+ cumulative revenue
  On Chain         0.88  $700M+ TVL | $5B+ daily volume
  Liquidity        0.82  Blue chip depth
  Developer        0.68  Native orderbook + perp stack
  Governance       0.55  Young post TGE governance
  Narrative        0.82  "Perp DEX winner" + L1 for trading
  Competitive      0.78  Dominant perp share vs CEXs
  Compliance       0.48  Perp regulatory overhang

COMPOSITE: 0.74 | CERTAINTY: 0.72
🛑 Risk Radar
RISK CONCENTRATION: 0.32 (LOW-MODERATE)

DOMAIN RISKS:
  Fundamentals     0.28  LOW
  On Chain         0.22  LOW
  Liquidity        0.28  LOW
  Developer        0.38  MODERATE
  Governance       0.48  MODERATE
  Narrative        0.32  LOW
  Competitive      0.42  MODERATE
  Compliance       0.52  MOD HIGH (perp bans)
  Security         0.28  LOW (no major exploits)

TOKENOMICS RISK:
  Supply locked:         70% ✓ HIGH
  Yearly inflation:      ~7% ⚠ MODERATE
  Unlock pressure:       High ⚠ HIGH (team + investors)
  Value capture:         High ✓ STRONG (100% fees to HYPE)

CONCENTRATION FLAGS:
  ⚠ Heavy perp concentration (single product)
  ⚠ Large unlock schedule ahead
  ⚠ Regulatory risk on perpetual futures
💸 Tokenomics Dashboard
SUPPLY DYNAMICS:
  Max:                   1,000M
  Circulating:           310M (31.0%)
  Locked/Staked:         ~450M (45.0%)
  Total Supply:          ~760M issued
  FDV:                   $17.5B (3.4x mcap)

ALLOCATION:
  Community/Airdrop:     ~310M (31%)
  Team/Founders:         ~230M (23%)
  Investors:             ~150M (15%)
  Ecosystem/Grants:      ~70M (7%)

INFLATION:
  Emission:              ~70M/year (7%)
  Trend:                 Front loaded unlocks

TVL & VOLUME METRICS:
  Total Value Locked:    $700M+
  Daily Volume:          $5B+ (perps + spot)
  Revenue (annualized):  ~$500M+
  Take rate:             ~0.02%

TOKEN UTILITY:
  Primary:               Staking (validator + HLP)
  Secondary:             Governance, fee discounts

VALUE CAPTURE:
  Direct:                100% of trading fees to HYPE stakers
  Daily Revenue:         ~$1.5M (annualized ~$550M)
  Ratio:                 High

FLAGS:
  ✓ 45% staked
  ✓ Fee revenue accrues to token
  ⚠ 69% supply locked (unlock overhang)
  ⚠ FDV 3.4x mcap
Data & Indexing
GRT (The Graph) Comp: 0.68 | Cert: 0.61 | NEUTRAL | $0.024 | $261M mcap
📊 Project Intelligence
Stage: Growth | Snapshot: Apr 2026

8 DOMAIN SCORES:
  Fundamentals     0.71  Team 0.72 | Treasury 0.68
  On Chain         0.64  8B+ queries/day
  Liquidity        0.76  Adequate
  Developer        0.74  Subgraph adoption
  Governance       0.58  DAO maturing
  Narrative        0.62  "Indexing layer"
  Competitive      0.58  vs SQD, SubQuery
  Compliance       0.55  Moderate

COMPOSITE: 0.68 | CERTAINTY: 0.61
🛑 Risk Radar
RISK CONCENTRATION: 0.38 (LOW MODERATE)

DOMAIN RISKS:
  Fundamentals     0.28  LOW
  On Chain         0.42  MODERATE
  Liquidity        0.32  LOW
  Developer        0.28  LOW
  Governance       0.45  MODERATE
  Narrative        0.42  MODERATE
  Competitive      0.48  MODERATE
  Compliance       0.52  MODERATE
  Security         0.28  LOW (audited, no issues)

TOKENOMICS RISK:
  Supply locked:         11.2% ✓ LOW
  Yearly inflation:      2.2% ✓ LOW
  Unlock pressure:       50M/year ✓ LOW
  Value capture:         40% ~ MODERATE

CONCENTRATION FLAGS:
  ⚠ Query growth slowing
  ⚠ SQD competition rising
  ⚠ Subgraph migration friction
💸 Tokenomics Dashboard
SUPPLY DYNAMICS:
  Max:                   10,700M
  Circulating:           10,200M (99.0%)
  Burned:                ~500M

ALLOCATION:
  Backers:               3,600M (34%)
  Team/Early:            2,450M (23%)
  Community:             3,750M (35%)
  Foundation:            900M (8%)

INFLATION:
  Emission:              ~285M/year (2.7%)
  Burn offset:           ~50M/year
  Net:                   ~2.2%

UNLOCK INFLATION:
  Yearly from unlocks:   ~50M (0.5%)
  Status:                Mostly circulated

TOKEN UTILITY:
  Primary:               Staking, query fees
  Burn:                  Query fees

VALUE CAPTURE:
  Direct:                Burn from queries
  Ratio:                 ~40%

FLAGS:
  ✓ 85% circulating
  ⚠ 2.7% inflation, 0.5% burn
  ⚠ SQD competition
SQD (Subsquid) Comp: 0.54 | Cert: 0.38 | WATCH
📊 Project Intelligence
Stage: Early Growth | Snapshot: Apr 2026

8 DOMAIN SCORES:
  Fundamentals     0.58  Team 0.62 | Tokenomics 0.48
  On Chain         0.42  Early adoption
  Liquidity        0.35  Low (early)
  Developer        0.52  SDK emerging
  Governance       0.28  Early
  Narrative        0.58  "Data lake" novel
  Competitive      0.52  vs The Graph
  Compliance       0.48  Low

COMPOSITE: 0.54 | CERTAINTY: 0.38
🛑 Risk Radar
RISK CONCENTRATION: 0.58 (HIGH)

DOMAIN RISKS:
  Fundamentals     0.42  MODERATE
  On Chain         0.62  HIGH
  Liquidity        0.68  CRITICAL
  Developer        0.58  HIGH
  Governance       0.55  HIGH
  Narrative        0.48  MODERATE
  Competitive      0.58  HIGH
  Compliance       0.52  MODERATE
  Security         0.28  LOW (audited, no issues)

TOKENOMICS RISK:
  Supply locked:         N/A (inflationary)
  Yearly inflation:      HIGH ⚠ HIGH
  Unlock pressure:       75M/year ⚠ HIGH
  Value capture:         <20% ⚠ LOW

CONCENTRATION FLAGS:
  ⚠ Early stage, limited track record
  ⚠ The Graph incumbent
  ⚠ Data lake model unproven
💸 Tokenomics Dashboard
SUPPLY DYNAMICS:
  Max:                   Inflationary (no cap)
  Circulating:           500M

ALLOCATION:
  Team/Investors:        ~300M (30%)
  Community:             ~200M (20%)
  Workers (emission):    ~500M+ (50%)

INFLATION:
  Emission:              ~100M/year (high)
  Source:                Worker rewards

UNLOCK INFLATION:
  Yearly from unlocks:   ~75M (15.0%)
  Team vesting:          1-2yr cliff

TOKEN UTILITY:
  Primary:               Worker payments
  Secondary:             Staking

VALUE CAPTURE:
  Direct:                Query fees
  Ratio:                 Low (<20%)

FLAGS:
  ⚠ Aggressive inflation
  ⚠ The Graph incumbent
  ⚠ Early stage model
SQT (SubQuery) Comp: 0.48 | Cert: 0.35 | WATCH | SECURITY INCIDENT Apr 12
📊 Project Intelligence
Stage: Early Growth | Snapshot: Apr 2026

8 DOMAIN SCORES:
  Fundamentals     0.48  Team 0.58 | Tokenomics 0.35
  On Chain         0.35  Polkadot linked
  Liquidity        0.38  Low
  Developer        0.42  Polkadot centric
  Governance       0.28  Early
  Narrative        0.48  "Polkadot indexing"
  Competitive      0.48  vs The Graph
  Compliance       0.42  Low

COMPOSITE: 0.48 | CERTAINTY: 0.35
🛑 Risk Radar
RISK CONCENTRATION: 0.75 (CRITICAL)

DOMAIN RISKS:
  Fundamentals     0.52  HIGH
  On Chain         0.58  HIGH
  Liquidity        0.62  HIGH
  Developer        0.55  HIGH
  Governance       0.52  MODERATE
  Narrative        0.58  HIGH (Polkadot dependency)
  Competitive      0.58  HIGH
  Compliance       0.52  MODERATE
  Security         0.75  CRITICAL (contract exploit)

TOKENOMICS RISK:
  Supply locked:         45.0% MODERATE
  Yearly inflation:      8.0% ⚠ HIGH (emission)
  Unlock pressure:       220M/year ⚠ HIGH (Y1-Y2)
  Value capture:         35% MODERATE
  Security incident:     ⚠ CRITICAL (360M SQT stolen)

CONCENTRATION FLAGS:
  ⚠ SECURITY EXPLOIT: 360M SQT stolen (Apr 12, 2026)
  ⚠ Access control vulnerability in Settings contract
  ⚠ 272 individual wallets affected + staking pool
  ⚠ Polkadot ecosystem underperforming
💸 Tokenomics Dashboard
SECURITY INCIDENT (April 12, 2026):
  Exploit type:          Missing onlyOwner modifier
  Function:              setContractAddress() in Settings contract
  Amount stolen:         359,614,732 SQT
  Affected:              272 wallets + staking pool (~230M)
  Root cause:            Access control gap (post audit refactor)
  Compensation:          100% promised by team

SUPPLY DYNAMICS:
  Max:                   10,000M
  Circulating:           4,000M (40.0%)
  Stolen in exploit:     360M (9% of circulating)

ALLOCATION:
  Community:             4,100M (41%)
  Team/Investors:        2,400M (24%)
  Foundation:            3,500M (35%)

INFLATION:
  Emission:              ~200M/year (5.0%)

UNLOCK INFLATION:
  Yearly from unlocks:   ~600M (15.0%)
  Foundation:            3,500M releasing

TOKEN UTILITY:
  Primary:               Query payments
  Secondary:             Staking (contract paused/post exploit)

VALUE CAPTURE:
  Direct:                Query fees
  Ratio:                 Low (~25%)

FLAGS:
  ⚠ SECURITY EXPLOIT: 360M SQT stolen (Apr 12, 2026)
  ⚠ Smart contract access control failure
  ⚠ 60% supply locked
  ⚠ 20.0% combined inflation
Interoperability
ZRO (LayerZero) Comp: 0.65 | Cert: 0.52 | NEUTRAL | $1.99 | $503M mcap
📊 Project Intelligence
Stage: Growth | Snapshot: Apr 2026

8 DOMAIN SCORES:
  Fundamentals     0.68  Team 0.72 | Bryan Pellegrino
  On Chain         0.52  50+ chains integrated
  Liquidity        0.62  $35.6M daily volume
  Developer        0.48  Wide integration (50+ chains)
  Governance       0.42  Early governance
  Narrative        0.58  "Omnichain" leader
  Competitive      0.62  vs Wormhole, Axelar, CCIP
  Compliance       0.48  Low (SEC scrutiny)

COMPOSITE: 0.65 | CERTAINTY: 0.52
🛑 Risk Radar
RISK CONCENTRATION: 0.48 (MODERATE HIGH)

DOMAIN RISKS:
  Fundamentals     0.32  LOW
  On Chain         0.45  MODERATE
  Liquidity        0.42  MODERATE
  Developer        0.48  MODERATE
  Governance       0.48  MODERATE
  Narrative        0.38  LOW
  Competitive      0.62  HIGH (Wormhole, CCIP)
  Compliance       0.52  MODERATE
  Security         0.28  LOW (audited, no major exploits)

TOKENOMICS RISK:
  Supply locked:         74.8% ⚠ HIGH
  Yearly inflation:      ~25M (2.5%)
  Unlock pressure:       24M upcoming ⚠ HIGH
  Value capture:         TBD ⚠ UNCERTAIN

CONCENTRATION FLAGS:
  ⚠ 74.8% supply not circulating (748M unlock overhang)
  ⚠ Down 73% from ATH ($7.47)
  ⚠ Cross chain bridge exploit risk
  ⚠ Chainlink CCIP gaining traction
💸 Tokenomics Dashboard
SUPPLY DYNAMICS:
  Price:                 $1.99
  Market Cap:            $503M (#103)
  Max:                   1,000M
  Circulating:           252M (25.2%)
  Staked:                ~120M (12.0%)
  FDV:                   $1.99B (4.0x mcap)

ALLOCATION:
  Community:             320M (32%)
  Team/Advisors:         250M (25%)
  Investors:             210M (21%)
  Foundation:            220M (22%)

INFLATION:
  Emission:              ~25M/year (2.5%)
  Source:                Staking rewards

UNLOCK INFLATION:
  Upcoming unlocks:      24M tokens ($48M)
    - Core Contributors: 10.6M ($21M)
    - Strategic Partners: 13.4M ($27M)
  Impact:                ~9.5% of circulating

TOKEN UTILITY:
  Primary:               Governance
  Secondary:             Protocol fees (if enabled)

VALUE CAPTURE:
  Direct:                TBD
  Ratio:                 TBD

FLAGS:
  ⚠ 74.8% supply not circulating (748M unlock overhang)
  ⚠ Down 73% from ATH ($7.47)
  ⚠ Leading cross chain messaging protocol
  ⚠ Axelar competition
DOT (Polkadot) Comp: 0.64 | Cert: 0.72 | NEUTRAL
📊 Project Intelligence
Stage: Mature | Snapshot: Apr 2026

8 DOMAIN SCORES:
  Fundamentals     0.68  Team 0.70 | Treasury 0.82
  On Chain         0.58  Parachains limited activity
  Liquidity        0.88  Deep markets
  Developer        0.52  Ecosystem lagging
  Governance       0.71  OpenGov advanced
  Narrative        0.52  L2s overshadow
  Competitive      0.48  vs ETH L2s
  Compliance       0.55  Moderate

COMPOSITE: 0.64 | CERTAINTY: 0.72
🛑 Risk Radar
RISK CONCENTRATION: 0.48 (MODERATE HIGH)

DOMAIN RISKS:
  Fundamentals     0.38  MODERATE
  On Chain         0.58  HIGH
  Liquidity        0.28  LOW
  Developer        0.62  HIGH
  Governance       0.38  LOW
  Narrative        0.68  HIGH
  Competitive      0.72  HIGH
  Compliance       0.55  MODERATE
  Security         0.28  LOW (mature)

TOKENOMICS RISK:
  Supply locked:         0% ✓ FULLY CIRCULATED
  Yearly inflation:      7.0% ⚠ HIGH
  Unlock pressure:       0M/year ✓ NONE
  Staked:                57% ✓ HIGH

CONCENTRATION FLAGS:
  ⚠ Parachain complexity
  ⚠ Ecosystem activity vs L2s
  ⚠ Narrative shift to ETH L2s
💸 Tokenomics Dashboard
SUPPLY DYNAMICS:
  Max:                   Infinite (no cap)
  Circulating:           1,400M
  Staked:                800M (57.1% locked)

ALLOCATION:
  Auctions:              700M (50% to validators)
  Community:             420M (30%)
  Foundation:            280M (20%)

INFLATION:
  Emission:              ~98M/year (7.0%)
  Trend:                 Declining to 1.5%

UNLOCK INFLATION:
  Yearly:                ~0M (fully circulated)

TOKEN UTILITY:
  Primary:               Staking
  Secondary:             Parathread payments

VALUE CAPTURE:
  Direct:                Limited
  Indirect:              Staking ~14% APY
  Ratio:                 Low (<30%)

FLAGS:
  ✓ 100% circulating
  ⚠ 57% locked in staking
  ⚠ 7.0% inflation
ADI (Analog) Comp: 0.55 | Cert: 0.32 | WATCH | $4.32 | $449M mcap
📊 Project Intelligence
Stage: Early Growth | Snapshot: Apr 2026

8 DOMAIN SCORES:
  Fundamentals     0.52  Team 0.58 | Tokenomics 0.42
  On Chain         0.35  Early mainnet
  Liquidity        0.48  $406K daily volume
  Developer        0.45  Early tools
  Governance       0.42  Early stage
  Narrative        0.58  "Timechain" novel
  Competitive      0.48  vs LayerZero
  Compliance       0.42  Low

COMPOSITE: 0.55 | CERTAINTY: 0.32
🛑 Risk Radar
RISK CONCENTRATION: 0.72 (CRITICAL)

DOMAIN RISKS:
  Fundamentals     0.52  MODERATE
  On Chain         0.65  HIGH  (early activity)
  Liquidity        0.72  HIGH  (low volume)
  Developer        0.62  HIGH
  Governance       0.58  HIGH  (early stage)
  Narrative        0.58  HIGH
  Competitive      0.62  HIGH
  Compliance       0.58  HIGH
  Security         0.45  MODERATE HIGH (early, unaudited)

TOKENOMICS RISK:
  Supply locked:         89.6% ⚠ CRITICAL
  Yearly inflation:      ~15% ⚠ HIGH (est. unlocks)
  Unlock pressure:       150M/year ⚠ HIGH
  Value capture:         TBD ⚠ UNPROVEN

CONCENTRATION FLAGS:
  ⚠ 89.6% supply not circulating (900M unlock overhang)
  ⚠ Watch to earn model unproven
  ⚠ Low liquidity ($406K daily)
  ⚠ Cross chain competitive
💸 Tokenomics Dashboard
SUPPLY DYNAMICS:
  Price:                 $4.32
  Market Cap:            $449.7M (#107)
  Max:                   1,000M
  Circulating:           104M (10.4%)
  FDV:                   $4.32B (9.6x mcap)

ALLOCATION:
  Community/Early:       ~100M (10% est. circulating)
  Locked/Unlocked:       ~900M (90% future unlocks)

INFLATION:
  Emission:              TBD (vesting schedule unclear)

UNLOCK INFLATION:
  Yearly from unlocks:   ~150M/year (est. 15%)
  Unlock overhang:       900M tokens (9x current float)

TOKEN UTILITY:
  Primary:               Watch to earn (unproven)
  Secondary:             Governance (planned)

VALUE CAPTURE:
  Direct:                None currently
  Ratio:                 0%

FLAGS:
  ⚠ 89.6% supply locked (massive unlock overhang)
  ⚠ 9.6x FDV to mcap ratio
  ⚠ Watch to earn model unproven
  ⚠ Low liquidity, $406K daily volume
Layer 1 & Oracles
ETH (Ethereum) Comp: 0.89 | Cert: 0.82 | ACCUMULATE | $2,269 | $273B mcap
📊 Project Intelligence
Stage: Mature | Snapshot: Apr 2026

8 DOMAIN SCORES:
  Fundamentals     0.91  Team 0.88 | Tokenomics 0.82
  On Chain         0.94  1.2M tx/day | $50B+ DeFi
  Liquidity        0.96  Deepest markets
  Developer        0.91  Dominant ecosystem
  Governance       0.78  EIP process mature
  Narrative        0.88  "Digital oil" / ETF
  Competitive      0.84  L2s strengthen ETH
  Compliance       0.75  ETF approved

COMPOSITE: 0.89 | CERTAINTY: 0.82
🛑 Risk Radar
RISK CONCENTRATION: 0.22 (LOW)

DOMAIN RISKS:
  Fundamentals     0.18  LOW
  On Chain         0.22  LOW
  Liquidity        0.15  LOW
  Developer        0.28  LOW
  Governance       0.35  MODERATE
  Narrative        0.28  LOW
  Competitive      0.42  MODERATE
  Compliance       0.38  LOW
  Security         0.25  LOW (audited)

TOKENOMICS RISK:
  Supply locked:         11.3% ✓ LOW (staked)
  Yearly inflation:      0.7% ✓ LOW (post merge deflationary)
  Unlock pressure:       5M/year ✓ MINIMAL
  Value capture:         90% ✓ STRONG

CONCENTRATION FLAGS:
  ⚠ L2s abstract ETH (MEV capture)
  ⚠ Solana competition
  ⚠ Scaling roadmap execution
💸 Tokenomics Dashboard
SUPPLY DYNAMICS:
  Max:                   No cap
  Circulating:           120M
  Staked:                33.7M (28.1% locked)
  Post merge:            Deflationary

ALLOCATION:
  Pre mined:             72M (genesis)
  PoS issuance:          12M+ (ongoing)
  Distribution:          Organic

INFLATION:
  Emission:              ~0.5% (PoS)
  Burn:                  ~1.2% (EIP-1559)
  Net:                   -0.7% (deflationary)

UNLOCK INFLATION:
  Status:                None (no unlocks)

TOKEN UTILITY:
  Primary:               Gas (burned)
  Secondary:             Staking

VALUE CAPTURE:
  Direct:                100% gas burned
  Staking yield:         3.5% real
  Ratio:                 100%

FLAGS:
  ✓ DEFLATIONARY (-0.7%)
  ✓ NO UNLOCK RISK
  ✓ 28% STAKED
LINK (Chainlink) Comp: 0.81 | Cert: 0.76 | ACCUMULATE | $9.03 | $6.55B mcap
📊 Project Intelligence
Stage: Mature | Snapshot: Apr 2026

8 DOMAIN SCORES:
  Fundamentals     0.84  Team 0.82 | Treasury 0.88
  On Chain         0.78  $15T+ secured
  Liquidity        0.91  Deep markets
  Developer        0.82  Oracle standard
  Governance       0.68  Staking governance
  Narrative        0.76  "Oracle monopoly"
  Competitive      0.74  70%+ share
  Compliance       0.68  Moderate

COMPOSITE: 0.81 | CERTAINTY: 0.76
🛑 Risk Radar
RISK CONCENTRATION: 0.28 (LOW)

DOMAIN RISKS:
  Fundamentals     0.22  LOW
  On Chain         0.28  LOW
  Liquidity        0.18  LOW
  Developer        0.32  LOW
  Governance       0.38  MODERATE
  Narrative        0.28  LOW
  Competitive      0.42  MODERATE
  Compliance       0.45  MODERATE
  Security         0.28  LOW (audited)

TOKENOMICS RISK:
  Supply locked:         70.6% ✓ HIGH
  Yearly inflation:      2.4% ✓ LOW
  Unlock pressure:       10M/year ✓ LOW
  Value capture:         80% ✓ STRONG

CONCENTRATION FLAGS:
  ⚠ API3, Pyth competition
  ⚠ CCIP adoption slower
  ⚠ Staking yield not competitive
💸 Tokenomics Dashboard
SUPPLY DYNAMICS:
  Max:                   1,000M
  Circulating:           730M (73.0%)
  Staked:                550M (55.0% locked)

ALLOCATION:
  Team/Founders:         150M (15%)
  Node operators:        350M (35%)
  Community:             500M (50%)

INFLATION:
  Emission:              ~25M/year (2.5%)
  Source:                Staking rewards

UNLOCK INFLATION:
  Yearly:                ~15M (1.5%)
  Status:                Mostly unlocked

TOKEN UTILITY:
  Primary:               Staking (oracle)
  Secondary:             CCIP fees

VALUE CAPTURE:
  Direct:                Protocol fees
  Ratio:                 ~80%

FLAGS:
  ✓ 62% circulating
  ✓ 55% staked
  ✓ 4.0% combined inflation
Stablecoin & Reserve
RSR (Reserve Rights) Comp: 0.56 | Cert: 0.49 | MONITOR
📊 Project Intelligence
Stage: Growth | Snapshot: Apr 2026

8 DOMAIN SCORES:
  Fundamentals     0.58  Team 0.62 | Tokenomics 0.52
  On Chain         0.52  $150M+ RTokens
  Liquidity        0.58  Adequate
  Developer        0.48  RToken deployment
  Governance       0.45  DAO forming
  Narrative        0.62  "Decentralized stables"
  Competitive      0.48  vs MakerDAO
  Compliance       0.52  Low

COMPOSITE: 0.56 | CERTAINTY: 0.49
🛑 Risk Radar
RISK CONCENTRATION: 0.52 (MODERATE HIGH)

DOMAIN RISKS:
  Fundamentals     0.42  MODERATE
  On Chain         0.58  HIGH
  Liquidity        0.48  MODERATE
  Developer        0.52  MODERATE
  Governance       0.55  MODERATE
  Narrative        0.42  MODERATE
  Competitive      0.62  HIGH (MakerDAO)
  Compliance       0.55  MODERATE
  Security         0.28  LOW (mature)

TOKENOMICS RISK:
  Supply locked:         50.0% ✓ MODERATE
  Yearly inflation:      0% ✓ FIXED
  Unlock pressure:       0M/year ✓ NONE
  Staked:                5% ⚠ LOW

CONCENTRATION FLAGS:
  ⚠ RToken adoption small
  ⚠ MakerDAO DAI dominance
  ⚠ Yield bearing stable competition
💸 Tokenomics Dashboard
SUPPLY DYNAMICS:
  Max:                   100,000M
  Circulating:           50,000M (50.0%)
  Staked:                ~5,000M (5.0%)

ALLOCATION:
  Circulating:           50,000M (50%)
  Reserve:               50,000M (50%)

INFLATION:
  Emission:              0% (fixed)
  Type:                  No inflation

UNLOCK INFLATION:
  Status:                None (fully circulated)

TOKEN UTILITY:
  Primary:               RToken backstop
  Secondary:             Governance

VALUE CAPTURE:
  Direct:                Seigniorage
  Ratio:                 ~30%

FLAGS:
  ✓ 50% circulating
  ✓ 0% inflation
  ⚠ Only 5% staked
Additional Layer 1 & Infrastructure
NEXUS (Nexus) Comp: 0.64 | Cert: 0.35 | NEUTRAL | Mainnet Q2 2026
📊 Project Intelligence
Stage: Early Growth (Mainnet Q2 2026) | Snapshot: Apr 2026

8 DOMAIN SCORES:
  Fundamentals     0.62  Team ~30+ | Marin + Groth | ~$27M raised
  On Chain         0.65  Testnet III: 3M+ users, 5M+ nodes, 80M+ tx
  Liquidity        N/A   No token yet
  Developer        0.65  zkVM 3.0 | 96 partners
  Governance       0.20  Undefined pre launch
  Narrative        0.78  "Verifiable finance" strong
  Competitive      0.62  vs SP1, Pico, RISC Zero
  Compliance       0.48  Moderate (USDX pending)

COMPOSITE: 0.64 | CERTAINTY: 0.35
🛑 Risk Radar
RISK CONCENTRATION: 0.48 (MODERATE HIGH)

DOMAIN RISKS:
  Fundamentals     0.38  MODERATE
  On Chain         0.42  MODERATE  (testnet proven)
  Liquidity        0.72  HIGH  (no token yet)
  Developer        0.38  MODERATE  (strong traction)
  Governance       0.65  HIGH  (early stage)
  Narrative        0.32  LOW  (verifiable finance clear)
  Competitive      0.52  MODERATE
  Compliance       0.48  MODERATE  (USDX pending)
  Security         0.45  MODERATE HIGH (early, unaudited)

TOKENOMICS RISK:
  Token status:          MAINNET Q2 2026 ⚠ WATCH
  Inflation:             TBD
  Allocation:            NOT DISCLOSED
  Value capture:         Exchange + USDX fees expected

CONCENTRATION FLAGS:
  ⚠ Mainnet launch execution risk (Q2 2026)
  ⚠ Tokenomics not yet disclosed
  ⚠ "Self sustaining" L1 claim unproven
💸 Tokenomics Dashboard
NETWORK METRICS (Testnet III):
  Users:                 3M+
  Nodes:                 5M+ across 1,000 cities
  Transactions:          80M+
  Contracts verified:    1.8M
  Compute power:         100+ quadrillion FLOPs
  Ecosystem partners:    96

TEAM & FUNDING:
  Team:                  ~30+ full time (SF)
  Leadership:            CEO Daniel Marin | Chief Scientist Jens Groth
  Funding:               ~$27M ($25M Series A + $2M seed)

THREE PILLAR ARCHITECTURE:
  L1:                    zkVM integrated blockchain
  Exchange:              Enshrined DEX (native orderbook + perps)
  USDX:                  Revenue sharing stablecoin (U.S. Treasuries), PENDING

SUPPLY DYNAMICS:
  Max:                   TBD
  Circulating:           N/A (mainnet Q2 2026)
  Locked:                N/A

ALLOCATION:
  Status:                PENDING DISCLOSURE

INFLATION:
  Emission:              TBD (mainnet pending)

UNLOCK INFLATION:
  Status:                TBD at mainnet

TOKEN UTILITY:
  Expected:              L1 gas, exchange fees, staking, governance
  Architecture:          Three pillar "verifiable finance" stack

VALUE CAPTURE:
  Target:                Self sustaining L1 (fees > emissions)
  Status:                Unproven

FLAGS:
  ✓ Proven testnet scale (80M+ tx)
  ✓ Concrete mainnet timeline (Q2 2026)
  ⚠ Tokenomics pending disclosure
  ⚠ USDX Ethereum status pending
  ⚠ "Self sustaining" claim unproven
SUI (Sui) Comp: 0.71 | Cert: 0.62 | NEUTRAL
📊 Project Intelligence
Stage: Growth | Snapshot: Apr 2026

8 DOMAIN SCORES:
  Fundamentals     0.74  Team 0.78 (Mysten Labs)
  On Chain         0.78  $3.5B TVL | 800K tx/day
  Liquidity        0.82  Deep markets
  Developer        0.68  Move language growing
  Governance       0.52  DAO forming
  Narrative        0.72  "Solana competitor"
  Competitive      0.64  vs Solana, Aptos
  Compliance       0.58  Moderate

COMPOSITE: 0.71 | CERTAINTY: 0.62
🛑 Risk Radar
RISK CONCENTRATION: 0.38 (LOW MODERATE)

DOMAIN RISKS:
  Fundamentals     0.28  LOW
  On Chain         0.35  MODERATE
  Liquidity        0.28  LOW
  Developer        0.42  MODERATE
  Governance       0.48  MODERATE
  Narrative        0.38  LOW
  Competitive      0.52  MODERATE
  Compliance       0.48  MODERATE
  Security         0.25  LOW (audited)

TOKENOMICS RISK:
  Supply locked:         70.0% ⚠ HIGH
  Yearly inflation:      17.0% ⚠ CRITICAL
  Unlock pressure:       1,500M/year ⚠ CRITICAL
  Value capture:         80% ✓ HIGH

CONCENTRATION FLAGS:
  ⚠ Move language barrier
  ⚠ Solana mindshare dominance
  ⚠ High fully diluted valuation
💸 Tokenomics Dashboard
SUPPLY DYNAMICS:
  Max:                   10,000M
  Circulating:           3,000M (30.0%)
  Staked:                1,500M (15.0%)

ALLOCATION:
  Community:             5,000M (50%)
  Team/Early:            2,000M (20%)
  Foundation:            3,000M (30%)

INFLATION:
  Emission:              ~300M/year (3.0%)
  Burn:                  ~100M/year
  Net:                   2.0%

UNLOCK INFLATION:
  Yearly from unlocks:   ~1,500M (15.0%)

TOKEN UTILITY:
  Primary:               Gas (burned)
  Secondary:             Staking

VALUE CAPTURE:
  Direct:                Gas burn
  Ratio:                 ~80%

FLAGS:
  ⚠ 70% supply locked
  ⚠ 17.0% combined inflation
  ⚠ FDV $40B+
SEI (Sei) Comp: 0.58 | Cert: 0.54 | NEUTRAL
📊 Project Intelligence
Stage: Growth | Snapshot: Apr 2026

8 DOMAIN SCORES:
  Fundamentals     0.62  Team 0.68 | Tokenomics 0.58
  On Chain         0.55  $450M TVL | Orderbook focus
  Liquidity        0.62  Adequate
  Developer        0.52  EVM + CosmWasm
  Governance       0.45  Early
  Narrative        0.58  "Fastest L1"
  Competitive      0.52  vs Solana, Sui
  Compliance       0.52  Low

COMPOSITE: 0.58 | CERTAINTY: 0.54
🛑 Risk Radar
RISK CONCENTRATION: 0.52 (MODERATE HIGH)

DOMAIN RISKS:
  Fundamentals     0.38  MODERATE
  On Chain         0.58  HIGH
  Liquidity        0.45  MODERATE
  Developer        0.55  MODERATE
  Governance       0.52  MODERATE
  Narrative        0.48  MODERATE
  Competitive      0.62  HIGH
  Compliance       0.55  MODERATE
  Security         0.28  LOW (mature)

TOKENOMICS RISK:
  Supply locked:         60.0% ⚠ HIGH
  Yearly inflation:      15.0% ⚠ CRITICAL
  Unlock pressure:       800M/year ⚠ HIGH
  Value capture:         50% ~ MODERATE

CONCENTRATION FLAGS:
  ⚠ Orderbook traction limited
  ⚠ Solana/Sui competition
  ⚠ High inflation early years
💸 Tokenomics Dashboard
SUPPLY DYNAMICS:
  Max:                   10,000M
  Circulating:           4,000M (40.0%)
  Staked:                2,500M (25.0%)

ALLOCATION:
  Community:             4,000M (40%)
  Team/Investors:        2,000M (20%)
  Ecosystem:             4,000M (40%)

INFLATION:
  Emission:              ~700M/year (7.0%)
  Trend:                 8% → 3% over 5yr

UNLOCK INFLATION:
  Yearly from unlocks:   ~800M (8.0%)

TOKEN UTILITY:
  Primary:               Staking
  Secondary:             Orderbook fees

VALUE CAPTURE:
  Direct:                Orderbook fees
  Ratio:                 ~50%

FLAGS:
  ⚠ 60% supply locked
  ⚠ 15.0% combined inflation
  ⚠ Front loaded emissions
CC (Canton) Comp: 0.68 | Cert: 0.71 | NEUTRAL
📊 Project Intelligence
Stage: Mature (Institutional) | Snapshot: Apr 2026

8 DOMAIN SCORES:
  Fundamentals     0.71  Team 0.72 (Digital Asset)
  On Chain         0.58  $5B+ tokenized assets
  Liquidity        0.82  Deep (institutional)
  Developer        0.52  DAML specialized
  Governance       0.68  Consortium model
  Narrative        0.62  "Institutional DeFi"
  Competitive      0.72  Unique positioning
  Compliance       0.88  STRONG (regulated)

COMPOSITE: 0.68 | CERTAINTY: 0.71
🛑 Risk Radar
RISK CONCENTRATION: 0.35 (LOW MODERATE)

DOMAIN RISKS:
  Fundamentals     0.28  LOW
  On Chain         0.48  MODERATE
  Liquidity        0.28  LOW
  Developer        0.62  HIGH (DAML barrier)
  Governance       0.38  MODERATE
  Narrative        0.42  MODERATE
  Competitive      0.28  LOW (unique)
  Compliance       0.18  LOW (regulated)
  Security         0.22  LOW (institutional)

TOKENOMICS RISK:
  Supply locked:         50.0% ✓ MODERATE
  Yearly inflation:      4.5% ✓ LOW
  Unlock pressure:       250M/year ~ MODERATE
  KYC required:          YES ⚠ RETAIL EXCLUDED

CONCENTRATION FLAGS:
  ⚠ DAML language barrier
  ⚠ Institutional only access
  ⚠ Retail exposure limited
💸 Tokenomics Dashboard
SUPPLY DYNAMICS:
  Max:                   10,000M
  Circulating:           5,000M (50.0%)
  Locked:                2,500M (25.0%)

ALLOCATION:
  Institutional:         5,000M (50%)
  Foundation:            5,000M (50%)

INFLATION:
  Emission:              ~200M/year (2.0%)

UNLOCK INFLATION:
  Yearly from unlocks:   ~250M (2.5%)

TOKEN UTILITY:
  Primary:               Transaction fees
  Secondary:             Staking

VALUE CAPTURE:
  Direct:                Fee burn
  Ratio:                 ~60%

FLAGS:
  ✓ 50% circulating
  ⚠ KYC required (no retail)
  ⚠ DAML language barrier
NEAR (NEAR Protocol) Comp: 0.66 | Cert: 0.68 | NEUTRAL
📊 Project Intelligence
Stage: Mature | Snapshot: Apr 2026

8 DOMAIN SCORES:
  Fundamentals     0.68  Team 0.70 | Treasury 0.72
  On Chain         0.72  $800M TVL | Chain signatures
  Liquidity        0.88  Deep markets
  Developer        0.68  Chain abstraction focus
  Governance       0.62  DAO mature
  Narrative        0.64  "Chain abstraction"
  Competitive      0.58  vs Ethereum L2s
  Compliance       0.58  Moderate

COMPOSITE: 0.66 | CERTAINTY: 0.68
🛑 Risk Radar
RISK CONCENTRATION: 0.42 (MODERATE)

DOMAIN RISKS:
  Fundamentals     0.32  LOW
  On Chain         0.42  MODERATE
  Liquidity        0.28  LOW
  Developer        0.45  MODERATE
  Governance       0.42  MODERATE
  Narrative        0.48  MODERATE
  Competitive      0.58  HIGH
  Compliance       0.52  MODERATE
  Security         0.28  LOW (audited, no issues)

TOKENOMICS RISK:
  Supply locked:         8.3% ✓ LOW
  Yearly inflation:      5.0% ⚠ MODERATE
  Unlock pressure:       20M/year ✓ LOW
  Staked:                71% ✓ HIGH

CONCENTRATION FLAGS:
  ⚠ Nightshade 2.0 complexity
  ⚠ Chain abstraction competition
  ⚠ L2 narrative dominance
💸 Tokenomics Dashboard
SUPPLY DYNAMICS:
  Max:                   1,200M
  Circulating:           1,100M (91.7%)
  Staked:                850M (70.8% locked)

ALLOCATION:
  Early backers:         420M (35%)
  Ecosystem:             540M (45%)
  Foundation:            240M (20%)

INFLATION:
  Emission:              ~60M/year (5.0%)
  Burn:                  ~20M/year
  Net:                   3.3%

UNLOCK INFLATION:
  Yearly:                ~20M (1.7%)

TOKEN UTILITY:
  Primary:               Staking
  Secondary:             Gas, storage

VALUE CAPTURE:
  Direct:                Transaction fees
  Ratio:                 ~55%

FLAGS:
  ✓ 92% circulating
  ✓ 71% staked
  ⚠ 5.0% inflation
  ⚠ User growth slower than L2s
  ⚠ Chain abstraction timing
FIL (Filecoin) Comp: 0.61 | Cert: 0.64 | NEUTRAL
📊 Project Intelligence
Stage: Mature | Snapshot: Apr 2026

8 DOMAIN SCORES:
  Fundamentals     0.64  Team 0.68 | Tokenomics 0.52
  On Chain         0.62  8EiB+ storage | Retrieval active
  Liquidity        0.88  Deep markets
  Developer        0.58  FVM (Filecoin VM)
  Governance       0.55  FIPs active
  Narrative        0.58  "DePIN storage"
  Competitive      0.48  vs Arweave, Sia
  Compliance       0.62  Moderate

COMPOSITE: 0.61 | CERTAINTY: 0.64
🛑 Risk Radar
RISK CONCENTRATION: 0.48 (MODERATE HIGH)

DOMAIN RISKS:
  Fundamentals     0.38  MODERATE
  On Chain         0.52  MODERATE
  Liquidity        0.28  LOW
  Developer        0.58  HIGH
  Governance       0.52  MODERATE
  Narrative        0.48  MODERATE
  Competitive      0.52  MODERATE
  Compliance       0.45  MODERATE
  Security         0.28  LOW (audited)

TOKENOMICS RISK:
  Supply locked:         67.5% ⚠ HIGH
  Yearly inflation:      6.5% ⚠ MODERATE
  Unlock pressure:       30M/year ✓ LOW
  Collateral locked:     60% ✓ HIGH

CONCENTRATION FLAGS:
  ⚠ Storage demand < supply
  ⚠ Retrieval not widely adopted
  ⚠ Tokenomics inflation pressure
💸 Tokenomics Dashboard
SUPPLY DYNAMICS:
  Max:                   2,000M
  Circulating:           650M (32.5%)
  Locked (collateral):   1,200M (60.0% locked)

ALLOCATION:
  Miners:                1,400M (70% over time)
  Team/Investors:        300M (15%)
  Foundation:            300M (15%)

INFLATION:
  Emission:              ~100M/year (5.0%)
  Source:                Miner rewards

UNLOCK INFLATION:
  Yearly:                ~30M (1.5%)
  Status:                Mostly vested

TOKEN UTILITY:
  Primary:               Storage collateral
  Secondary:             Retrieval, FVM

VALUE CAPTURE:
  Direct:                Storage fees
  Ratio:                 ~40%

FLAGS:
  ⚠ 67.5% supply not circulating
  ⚠ Low storage utilization
  ✓ 60% locked as collateral
SXT (Space and Time) Comp: 0.55 | Cert: 0.48 | MONITOR | $0.016 | $42M mcap
📊 Project Intelligence
Stage: Early Growth | Snapshot: Apr 2026

8 DOMAIN SCORES:
  Fundamentals     0.58  Team 0.65 | Backed by Microsoft
  On Chain         0.42  Beta usage
  Liquidity        0.52  $2.27M daily volume
  Developer        0.48  SQL tools early
  Governance       0.28  Early
  Narrative        0.62  "Verifiable compute"
  Competitive      0.48  vs centralized DBs
  Compliance       0.52  Low

COMPOSITE: 0.55 | CERTAINTY: 0.48
🛑 Risk Radar
RISK CONCENTRATION: 0.52 (MODERATE HIGH)

DOMAIN RISKS:
  Fundamentals     0.42  MODERATE
  On Chain         0.68  HIGH  (beta usage)
  Liquidity        0.58  HIGH  (low volume)
  Developer        0.62  HIGH
  Governance       0.58  HIGH
  Narrative        0.48  MODERATE
  Competitive      0.58  HIGH  (Big Tech)
  Compliance       0.55  MODERATE
  Security         0.42  MODERATE (early, limited audit history)

TOKENOMICS RISK:
  Supply locked:         48% ⚠ MODERATE
  Yearly inflation:      ~8% ⚠ MODERATE (est. unlocks)
  Unlock pressure:       387M upcoming ⚠ HIGH
  Value capture:         Early ⚠ UNPROVEN

CONCENTRATION FLAGS:
  ⚠ Major unlocks incoming (387M tokens)
  ⚠ Proof of SQL unproven at scale
  ⚠ Competition from cloud providers
  ⚠ Down 90% from ATH
💸 Tokenomics Dashboard
SUPPLY DYNAMICS:
  Price:                 $0.016
  Market Cap:            $42.2M (#492)
  Max:                   5,000M
  Circulating:           2,598M (52.0%)
  FDV:                   $81.3M (1.9x mcap)

ALLOCATION:
  Investors:             194.5M upcoming unlock
  Team:                  168.5M upcoming unlock
  Ecosystem:             24.6M upcoming unlock
  Genesis/Other:         ~2,014M (40%)

INFLATION:
  Emission:              TBD (query fees early)

UNLOCK INFLATION:
  Upcoming unlocks:      387M tokens ($6.3M)
    - Investors:         194.5M ($3.16M)
    - Team:              168.5M ($2.74M)
    - Ecosystem:         24.6M ($400K)
  Impact:                ~15% of circulating

TOKEN UTILITY:
  Primary:               Query payments (Proof of SQL)
  Secondary:             Staking, validator rewards

VALUE CAPTURE:
  Direct:                Query fees
  Ratio:                 Early (<20%)

FLAGS:
  ✓ 52% circulating (better than most)
  ⚠ Major unlocks incoming (387M)
  ⚠ Down 90% from ATH ($0.162)
  ⚠ Proof of SQL unproven at scale
WLD (Worldcoin) Comp: 0.52 | Cert: 0.48 | WATCH
📊 Project Intelligence
Stage: Growth | Snapshot: Apr 2026

8 DOMAIN SCORES:
  Fundamentals     0.52  Team 0.68 (Sam Altman)
  On Chain         0.48  15M+ verified
  Liquidity        0.62  Adequate
  Developer        0.42  SDK early
  Governance       0.38  Centralized
  Narrative        0.58  "Proof of personhood"
  Competitive      0.45  vs traditional KYC
  Compliance       0.32  CRITICAL (regulatory)

COMPOSITE: 0.52 | CERTAINTY: 0.48
🛑 Risk Radar
RISK CONCENTRATION: 0.68 (CRITICAL)

DOMAIN RISKS:
  Fundamentals     0.48  MODERATE
  On Chain         0.58  HIGH
  Liquidity        0.48  MODERATE
  Developer        0.62  HIGH
  Governance       0.72  CRITICAL
  Narrative        0.55  MODERATE
  Competitive      0.58  HIGH
  Compliance       0.78  CRITICAL

TOKENOMICS RISK:
  Supply locked:         97.2% ⚠ CRITICAL
  Yearly inflation:      30.6% ⚠ CRITICAL
  Unlock pressure:       650M/year ⚠ CRITICAL
  Value capture:         <5% ⚠ NONE

CONCENTRATION FLAGS:
  ⚠ Regulatory bans (EU, some countries)
  ⚠ Biometric data concerns
  ⚠ Token distribution criticism
💸 Tokenomics Dashboard
SUPPLY DYNAMICS:
  Max:                   10,000M
  Circulating:           280M (2.8%)

ALLOCATION:
  Community:             7,500M (75% over 15yr)
  Team/Investors:        2,500M (25%)

INFLATION:
  Emission:              ~1,560M/year (15.6%)

UNLOCK INFLATION:
  Yearly from unlocks:   ~1,500M (15.0%)
  Team cliff:            Month 12

TOKEN UTILITY:
  Primary:               Governance
  Secondary:             App discounts

VALUE CAPTURE:
  Direct:                Minimal
  Ratio:                 <5%

FLAGS:
  ⚠ 97.2% SUPPLY NOT CIRCULATING
  ⚠ 30.6% COMBINED INFLATION
  ⚠ REGULATORY BANS (EU)
TAO (Bittensor) Comp: 0.59 | Cert: 0.51 | MONITOR
📊 Project Intelligence
Stage: Growth | Snapshot: Apr 2026

8 DOMAIN SCORES:
  Fundamentals     0.58  Team 0.55 | Tokenomics 0.52
  On Chain         0.62  30+ subnets active
  Liquidity        0.58  Adequate
  Developer        0.55  Yuma|Rust specialized
  Governance       0.48  Subnet competition
  Narrative        0.72  "AI + Crypto"
  Competitive      0.52  vs centralized AI
  Compliance       0.45  Low

COMPOSITE: 0.59 | CERTAINTY: 0.51
🛑 Risk Radar
RISK CONCENTRATION: 0.55 (HIGH)

DOMAIN RISKS:
  Fundamentals     0.42  MODERATE
  On Chain         0.45  MODERATE
  Liquidity        0.48  MODERATE
  Developer        0.58  HIGH (specialized)
  Governance       0.62  HIGH
  Narrative        0.42  LOW
  Competitive      0.58  HIGH (OpenAI, etc)
  Compliance       0.55  MODERATE
  Security         0.28  LOW (mature)

TOKENOMICS RISK:
  Supply locked:         66.7% ✓ MODERATE
  Yearly inflation:      12.0% ⚠ HIGH
  Halving:               Every 4 years
  Staked:                79% ✓ HIGH

CONCENTRATION FLAGS:
  ⚠ Halfing events reduce incentives
  ⚠ Subnet registration expensive
  ⚠ AI quality vs centralized models
💸 Tokenomics Dashboard
SUPPLY DYNAMICS:
  Max:                   21M
  Circulating:           7M (33.3%)
  Staked:                5.5M (78.6% locked)

ALLOCATION:
  Fair launch:           No pre mine
  Emission to validators: 14M remaining

INFLATION:
  Emission:              ~1M/year (12.0%)
  Halving:               Every 4 years
  Next:                  ~6% after halving

UNLOCK INFLATION:
  Status:                None (fair launch)

TOKEN UTILITY:
  Primary:               Subnet validation
  Secondary:             Registration burn

VALUE CAPTURE:
  Direct:                Subnet fees
  Ratio:                 ~50%

FLAGS:
  ✓ 33% circulating (fair launch)
  ✓ 79% staked
  ⚠ Halving reduces security