$0.0433
-30.0%past year

No public code found, $2.72M in fees this month, sources agree.

Code

We couldn’t find this project’s code

That doesn’t mean there is none. No source we read points to a repo.

No weekly commit data
Usage

$2.72M in fees over 30 days

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

Nov 5Nov 4
Revenue, 30d
$272K
TVL
$158M
Numbers

CoinGecko and CoinMarketCap agree

CGCMC
Price$0.0434$0.0434Agree
Supply2B2BAgree
Mcap$86.8M$86.8MAgree
Volume$11.5M$17.2M×1.49

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

Paper → real

About $86.8M of $434M is real

Selling everything at 2% a day would take 51 days.

Paper (all tokens)$434M
Market cap$86.8M
Real$86.8M

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: Coinstore.

$10.1M of the $10.1M reported is carried by the books (100%)

Reported by venues$10.1M
Carried by the books$10.1M

A day of honest trading passes through a book a bounded number of times its 2% depth; the norm is the median on large venues. Large venues set the norm and count in full; on the rest, volume past three times the norm is not counted. Depth is what venues report; DEX pools are checked apart.

Where it lives

16 tokens under its ticker that no list knows

Home contract: Arbitrum 0x0c1c…1f6e1 official deployments
HomeArbitrumChip 0x0C1c…1F6e$662Kclaims $2.16M
HomeBaseChip 0x0C1c…1F6e$161K
HomeEthereumChip 0x0C1c…1F6e$96.3K
UnknownBaseChipWorks 0x75Af…1bA3$33.1Kcan pause
UnknownSolanaUSD.AI KfPqDY…ErhL$14Kclaims $54.1M
UnknownRobinhoodCHIP 0xcbF0…34C2$13Kclaims $60.7K

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

$26M in open futures, 30% of the market cap

Closing them all by force would take 15 days of 2% sell depth.

Funding, 8h
-0.0013% · shorts pay longs
Futures volume
$20.3M · 1.8× the spot volume · open interest turned over 0.8×
Liquidated, 24h
longs $12.7 · shorts $13.6K
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

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

On-chain

The contract owner keeps some powers

Deployed on 4 chains, so one contract’s supply isn’t the token’s supply.

Supply
chain 10B · CG 10B · CMC 10B
Owner powers
upgradeable
Top 10 wallets
67% of supply · 6.71K holders
Unlocks, 30 days
$980K · 0.085 days of trading
Next cliff
Apr 16, 2027

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

We can’t see your code. Show us.

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