Zora
Research notes
The fees figures across different time windows — 24-hour, 7-day, and 30-day — are all currently zero, so any change in those numbers would be informative about whether on-chain activity is beginning to generate a meaningful revenue base. Total value locked, currently 43,566.40 USD, rose 1.51 percent over the trailing 7 days, making its week-over-week movement a useful indicator of whether assets are accumulating on the chain or leaving it. The dilution overhang of 123.71 percent reflects the share of the maximum supply not yet in circulation relative to the current circulating supply, and watching how that figure changes over time would reveal the pace at which new tokens are entering the market. The fully diluted valuation to fees ratio of 351.53 and the market cap to fees ratio of 157.13 are both meaningful only if fees begin to register, so observing whether those ratios compress as fee activity develops would speak to how the network's scale relates to its economic output.
Written by an AI language model from the figures listed below, on 22 Oct 2026 17:29 UTC.
