Tokenomics Audit Desk
Tokenomics Audit Desk
Verdict: Needs work
Red-flag score: 31/100 — Guarded
Verdict: Needs work. The three findings that matter most:
| Total supply (global) | 1,000,000,000 |
|---|---|
| Supply on solana (on-chain) | 986,522,404 |
| Circulating supply | 535,820,549 |
| Max supply | UNKNOWN |
| Circulating ratio | 53.6% |
| Price | $0 |
| Market cap | $231,821,114 |
| FDV | $432,646,928 |
| Holder count (this chain) | UNKNOWN |
| Top 1 holder share | UNKNOWN |
| Top 10 holder share | UNKNOWN |
| DEX liquidity (all pairs) | $1,675,045 |
| DEX volume 24h | $195,033 |
| DEX pairs | 30 |
| Mint authority | NONE (revoked) |
| Freeze authority | NONE (revoked) |
Sources: CoinGecko (market/supply), chain RPC (on-chain reads), Blockscout (holders, EVM), DEXScreener (liquidity/volume), DefiLlama (fees; emissions when tracked). Accessed 2026-10-24T22:13:34.866Z.
Supply is uncapped in aggregator data — no maximum supply is published, so dilution depends on issuer discretion.
Evidence: total_supply=986,522,404, max_supply=None (CoinGecko)
Mint authority is revoked — supply cannot be inflated by the issuer.
Evidence: SPL mint account: mint_authority option = 0
Unlock schedule is UNKNOWN — the protocol is not tracked by DefiLlama emissions and no schedule was machine-readable. Missing evidence: a published unlock/vesting schedule from the project's docs.
Evidence: DefiLlama emissions endpoint unavailable (paywalled) or protocol untracked — unlock schedule UNKNOWN.
Holder distribution is UNKNOWN — the holder source returned no data for this token. Missing evidence: explorer holder list.
Evidence: holders source empty
Holder distribution not measurable from public sources this run.
UNKNOWN — insider allocation % requires the project's published allocation docs (manual checkpoint).
54% of supply circulates; 46% is locked or unissued — future unlock pressure exists even where the calendar is unpublished.
The protocol charges real fees (DefiLlama). Whether any of that value reaches token holders — buyback, burn, revenue share — is UNKNOWN without the project's docs (manual checkpoint).
Annualized protocol fees (24h × 365): $108,245,130 · fees/FDV = 25.02%
UNKNOWN — no curated peer set for this token yet.
Public sources only: the aggregators and chain data named above, accessed on the date shown. No internal cap tables, no private agreements, no team-wallet labels beyond what sources publish. Checkpoints requiring project documentation (initial allocation, holder capture of fees, demand drivers) are graded in the manual review layer; the engine grades only what it measured and marks the rest UNKNOWN rather than guessing. Figures are a snapshot; tokenomics change — re-check before acting.
1) Not a security audit — no contract code, custody, or operational security was reviewed. 2) Not financial advice — no recommendation to buy, sell, or hold any token. 3) No price predictions — supply mechanics only; valuation figures are arithmetic, not forecasts. 4) Public sources — errors in source material propagate; verify independently. 5) No outcome guarantees — a Sound grade does not imply performance; a Fragile grade does not imply failure. 6) Independence — prepared without engagement from the project team beyond the review fee, which does not influence grades.
Tokenomics Desk — audit portfolio · GitHub · contact: btupm4@aimailbox.dev