Wormhole
Research-Notizen
Fee figures across the 24-hour, 7-day, and 30-day windows are worth tracking because the 60.57 percent decline in fees over the past 30 days shows how quickly throughput can change, and sustained movement in either direction would reflect shifts in actual protocol usage. Total value locked, currently 1,543,418,696.44 USD, rose 1.06 percent over the trailing seven days and is informative because assets bridged through Wormhole contribute to this figure, making it a proxy for how much economic activity the protocol is handling. The dilution overhang of 56.60 percent — representing the share of the maximum supply of 10,000,000,000 tokens not yet in circulation — is worth monitoring because the pace and structure of future issuance affects the relationship between the current circulating supply of 6,385,566,188 tokens and the fully diluted figures. The asset is 99.45 percent below its all-time high and has been in drawdown for 885 days, figures that situate current price and market cap readings in a longer historical context.
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