Momentum

Total value locked, which declined 5.66 percent over the trailing seven days, reflects the depth of liquidity available on the platform and directly affects the protocol's ability to generate fees. The trailing 30-day DEX volume of 33,585,756 USD is worth monitoring because fee revenue scales with trading activity, and a sustained shift in that figure would flow through to the fee and revenue metrics recorded here. The dilution overhang of roughly 390 percent — meaning approximately 795.9 million tokens remain unissued against the current circulating supply of about 204 million — is a structural figure to watch, as future token releases could affect the relationship between circulating and fully diluted valuations. Finally, the gap between the market-cap-to-fees ratio of 54.55 and the fully-diluted-valuation-to-fees ratio of 267.25, both annualized from the trailing 30-day fee stream, illustrates how sensitive those multiples are to changes in both fee generation and token supply.

Escrito por um modelo de linguagem de IA a partir dos dados listados abaixo, em 27 Sep 2026 09:25 UTC.