Tokenomics Audit Desk
Tokenomics Audit Desk
Verdict: Needs work
Red-flag score: 44.5/100 — Elevated
Verdict: Needs work. The three findings that matter most:
| Total supply (global) | 1,000,000,000 |
|---|---|
| Supply on ethereum (on-chain) | 951,088,336 |
| Circulating supply | 399,976,128 |
| Max supply | 1,000,000,000 |
| Circulating ratio | 40.0% |
| Price | $2 |
| Market cap | $692,718,903 |
| FDV | $1,731,900,619 |
| Holder count (this chain) | 25,529 |
| Top 1 holder share | 11.2% |
| Top 10 holder share | 38.2% |
| DEX liquidity (all pairs) | $796,643 |
| DEX volume 24h | $1,268,371 |
| DEX pairs | 30 |
| Contract owner | 0xcda8e3add00c95e5035617f970096118ca2f4c92 |
Sources: CoinGecko (market/supply), chain RPC (on-chain reads), Blockscout (holders, EVM), DEXScreener (liquidity/volume), DefiLlama (fees; emissions when tracked). Accessed 2026-10-24T22:13:16.223Z.
Contract has a live owner address — privileged functions may exist; the engine does not audit code, so the owner's powers are UNKNOWN beyond the owner() read.
Evidence: owner() = 0xcda8e3add00c95e5035617f970096118ca2f4c92
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.
Top 10 holders control 38.2% of total supply.
Evidence: top10 share = 38.19% of total supply
Top 10 wallets hold 38.2% of supply on this chain (raw on-chain; includes contracts, bridges, vesting vaults — wallet labels are a manual-review step).
UNKNOWN — insider allocation % requires the project's published allocation docs (manual checkpoint).
40% of supply circulates; 60% is locked or unissued — future unlock pressure exists even where the calendar is unpublished.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): $4,753,395 · fees/FDV = 0.27%
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