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Research notes
The dilution overhang of approximately 13.27 percent represents the share of the maximum supply not yet in circulation, so observing how quickly that remaining supply enters the market would clarify the pace at which existing holders face dilution. TVL has moved minus 0.99 percent over the trailing seven days but plus 1.07 percent over the trailing thirty days, making the direction and persistence of that gap informative about whether capital is entering or leaving the protocol. The return-to-volatility ratio stands at negative 0.863 over the trailing twelve months against 90-day annualized downside deviation of 77.53 percent, figures worth tracking together to understand how the risk profile evolves over time. The price sitting at roughly 1.02 times its 200-day average, while sitting 97.38 percent below its all-time high recorded 954 days ago, is a factual tension worth monitoring as it reflects how the current price relates to both its recent trend and its historical peak.
Written by an AI language model from the figures listed below, on 17 Oct 2026 17:24 UTC.
