$0.1905
-62.7%past year

Code is moving, $134K in fees this month, sources agree.

Code

204+ commits in 90 days from 10 people

Human commits in the five most recently pushed repos.

Nov 9Nov 1
Last push
Nov 4, 2026
Last release
Jun 3, 2026
input-output-hk · DefiLlama, CoinGeckocardano-foundation · official site
Usage

$134K in fees over 30 days

Fees paid on this chain. Fees include what users pay to everyone, not just the protocol. Source: DefiLlama.

Nov 4Nov 3
Revenue, 30d
$26.7K
TVL
$54.8M
Numbers

CoinGecko and CoinMarketCap agree

CGCMC
Price$0.1977$0.1976Agree
Supply37.6B36.8BAgree
Mcap$7.43B$7.28BAgree
Volume$301M$349M×1.16

We show both and don’t say which is right. CoinGecko, CoinMarketCap

Paper → real

About $7.43B of $8.9B is real

Selling everything at 2% a day would take 99 days.

Paper (all tokens)$8.9B
Market cap$7.43B
Real$7.43B

Real is the market cap scaled down when its order-book depth is below what is typical for a token of its size. An estimate, not a price. Venues we didn’t believe: BitDelta.

Where it lives

19 tokens under its ticker that no list knows

Binance-Peg CardanoCoinbase Wrapped ADAWrapped ADAWrapped ADA (Universal)
WrapperBNB ChainCardano Token 0x3EE2…5D47$948K
UnknownSolanaADA skDGuS…pump$65K
UnknownSolanaCardano 7drtaK…fzjS$64.1claims $110K
UnknownSolanaCardano CWPbT5…Wzsr$62.4claims $165M
UnknownSolanaCardano JBdbUX…SNSV$53.6claims $193M
UnknownSolanaCardano Guba9E…NHuw$52claims $1.86M

Copies are what DEX search finds under the same ticker. Liquidity counts only pools against real assets; a pool against a made-up token can claim any figure.

Leverage

$169M in open futures, 2.3% of the market cap

Closing them all by force would take 2.3 days of 2% sell depth.

Funding, 8h
+0.0092% · longs pay shorts
Futures volume
$280M · 0.9× the spot volume · open interest turned over 1.7×
Liquidated, 24h
longs $22.4K · shorts $29.2K
Venues
Bybit, OKX, Hyperliquid, Binance

Perpetual futures on Binance, Bybit, OKX and Hyperliquid, read hourly; CME and other venues are not counted. Liquidations from Bybit (every one), Binance (the largest per second) and OKX (its latest orders each hour): a lower bound.

Where Hyperliquid positions get liquidated

longs, closed below the priceshorts, closed above

within 5%: longs $0 below · shorts $0 above

5 open positions of the largest accounts and busiest traders, whose liquidation prices Hyperliquid publishes. Exact, not a model, but Hyperliquid only.

On-chain

Its own chain: no token contract to check

Read from the chain and GoPlus. Powers are facts about the contract, not a verdict on the team.

Run this project? Make it official.

Prove you run it and point us to your repo, supply page and unlocks. It appears here labelled as yours, next to what we found.

More dossiers