Data Network
Research notes
Fee figures across the 24-hour, 7-day, and 30-day windows are worth monitoring together because the current 30-day fee growth of negative 99.82 percent indicates a steep recent decline from prior levels, and whether that trend stabilizes or continues would materially affect the fee-based ratios on this page. The supply dynamic deserves attention: only 34.78 percent of supply is currently circulating, with a dilution overhang of 187.57 percent, meaning a very large share of tokens has yet to enter circulation, which could affect the relationship between market capitalization and fully diluted valuation over time. Total value locked at 34,861.90 is useful to observe because growth in locked capital would suggest deepening on-chain activity relative to the current market-cap-to-TVL ratio of 2,324.39. Finally, the price relative to its 200-day average, currently at 0.338, reflects where current trading sits versus the recent historical mean and would shift if on-chain usage trends change.
Written by an AI language model from the figures listed below, on 23 Sep 2026 17:24 UTC.
