CRYPTO MARKET INTELLIGENCE / ASSET DOSSIER

Bordrless.

bordr · coingecko:bordrless

EVIDENCE · NOT A RECOMMENDATION

This dossier explains why the asset surfaced, what the stored evidence says, what changed, and which limitations remain. Deterministic signals are research questions, not investment conclusions.

Price$0.004884

Market cap$4.88M

Active signals1

Total / circulating1.00×

Longest active streak1

Snapshots compared6

Why it surfaced

peer valuation difference

The valuation multiple differs materially from the eligible peer median

Current streak: 1 snapshot · triggered 1/2 observed snapshots

What changed

peer valuation difference

new · streak 1 · 1/2 snapshots

Latest fundamental observations

Metric	Period	Value	Observed
dex volume	24h	$22,575.00	2026-10-18T04:36:13.503Z
dex volume	30d	$1.74M	2026-10-18T04:36:13.503Z
dex volume	7d	$1.68M	2026-10-18T04:36:13.503Z
fees	24h	$1,037.00	2026-10-18T04:35:58.074Z
fees	30d	$54,901.00	2026-10-18T04:35:58.074Z
fees	7d	$53,789.00	2026-10-18T04:35:58.074Z
holders revenue	24h	$133.00	2026-10-18T04:36:12.168Z
holders revenue	30d	$7,747.39	2026-10-18T04:36:12.168Z
holders revenue	7d	$7,575.39	2026-10-18T04:36:12.168Z
revenue	24h	$265.00	2026-10-18T04:36:00.033Z
revenue	30d	$15,493.00	2026-10-18T04:36:00.033Z
revenue	7d	$15,148.00	2026-10-18T04:36:00.033Z
tvl	point in time	$96,039.82	2026-10-18T04:35:46.584Z

Historical changes

Metric	Window	Change	Boundary
market cap usd:point in time	7d	148.16%	2026-10-11T03:36:56.000Z → 2026-10-18T03:28:49.000Z

Market snapshot

Circulating supply: 999.97M
Total supply: 999.97M
Max supply: 1B
Provider updated: 2026-10-18T03:28:49.000Z

Evidence coverage

Verified/provider links: 3
Stored fundamental observations: 25
Calculated history rows: 1
Signal comparison: prior snapshot

Evidence synthesis

Generate or open a cached AI research brief constrained to this dossier's stored evidence, calculations, and limitations.

Open AI research brief

Rule evaluations

revenue growth declining multiple · excluded · no signal

Insufficient actual 30-day revenue or market-cap history

Limits: No observation within 2 days of the 30-day boundary · No observation within 2 days of the 30-day boundary

Inputs and calculation

{
  "inputs": {},
  "calculation": null,
  "evaluatedAt": "2026-10-18T04:35:46.584Z"
}

activity growth stagnant market cap · excluded · no signal

Insufficient actual 30-day activity or market-cap history

Inputs and calculation

{
  "inputs": {},
  "calculation": null,
  "evaluatedAt": "2026-10-18T04:35:46.584Z"
}

improving tokenholder value capture · excluded · no signal

No observations

Limits: Requires holders revenue and fees at both boundaries

Inputs and calculation

{
  "inputs": {},
  "calculation": null,
  "evaluatedAt": "2026-10-18T04:35:46.584Z"
}

peer valuation difference · included · signal

The valuation multiple differs materially from the eligible peer median

Limits: A difference is not evidence of mispricing; protocol economics may not be comparable

Inputs and calculation

{
  "inputs": {
    "currentCap": 4884901,
    "latestRevenue": 724,
    "peerMedian": 50.830142441206355
  },
  "calculation": {
    "annualizedRevenueMultiple": 18.48520774994324,
    "peerMultipleRatio": 0.3636662590769739
  },
  "evaluatedAt": "2026-10-18T04:35:46.584Z"
}

fundamental deterioration · excluded · no signal

Insufficient actual 30-day fundamental history

Inputs and calculation

{
  "inputs": {},
  "calculation": null,
  "evaluatedAt": "2026-10-18T04:35:46.584Z"
}

high dilution · included · no signal

Eligible, but dilution threshold was not met

Limits: Supply fields are provider-reported and do not describe unlock timing

Inputs and calculation

{
  "inputs": {
    "circulatingSupply": 999969814.564668,
    "totalSupply": 999969814.564668
  },
  "calculation": {
    "totalToCirculatingRatio": 1
  },
  "evaluatedAt": "2026-10-18T04:35:46.584Z"
}

data quality investigation · included · no signal

No provider identity conflict detected

Inputs and calculation

{
  "inputs": {
    "identityConflict": false
  },
  "calculation": null,
  "evaluatedAt": "2026-10-18T04:35:46.584Z"
}

Provenance and raw evidence

Classification evidence

[
  {
    "assetId": "coingecko:bordrless",
    "kind": "sector",
    "value": "wrapped_bridged_assets",
    "status": "classified",
    "reason": "Canonical mapping from DeFiLlama category Canonical Bridge",
    "sourceProvider": "defillama",
    "sourceRecord": "9125",
    "observedAt": "2026-10-18T04:35:46.584Z"
  },
  {
    "assetId": "coingecko:bordrless",
    "kind": "sector",
    "value": "decentralized_exchanges",
    "status": "classified",
    "reason": "Canonical mapping from DeFiLlama category Dexs",
    "sourceProvider": "defillama",
    "sourceRecord": "9123",
    "observedAt": "2026-10-18T04:35:46.584Z"
  },
  {
    "assetId": "coingecko:bordrless",
    "kind": "sector",
    "value": "other",
    "status": "classified",
    "reason": "Canonical mapping from DeFiLlama category Launchpad",
    "sourceProvider": "defillama",
    "sourceRecord": "9124",
    "observedAt": "2026-10-18T04:35:46.584Z"
  },
  {
    "assetId": "coingecko:bordrless",
    "kind": "asset_type",
    "value": "wrapped_bridged_asset",
    "status": "classified",
    "reason": "Canonical type mapping from DeFiLlama category Canonical Bridge",
    "sourceProvider": "defillama",
    "sourceRecord": "9125",
    "observedAt": "2026-10-18T04:35:46.584Z"
  }
]

Identity relationships

[
  {
    "assetId": "coingecko:bordrless",
    "protocolId": "9125",
    "protocolSlug": "bordrless-bridge",
    "method": "chain_contract",
    "evidence": "DeFiLlama address=solana:6Mix12LiHrQFojaQEnfPUC65Qkwd6X4Y5Qg93oFbordr; CoinGecko platforms.solana=6Mix12LiHrQFojaQEnfPUC65Qkwd6X4Y5Qg93oFbordr",
    "status": "verified_provider_relationship"
  },
  {
    "assetId": "coingecko:bordrless",
    "protocolId": "9123",
    "protocolSlug": "bordrless-dex",
    "method": "chain_contract",
    "evidence": "DeFiLlama address=solana:6Mix12LiHrQFojaQEnfPUC65Qkwd6X4Y5Qg93oFbordr; CoinGecko platforms.solana=6Mix12LiHrQFojaQEnfPUC65Qkwd6X4Y5Qg93oFbordr",
    "status": "verified_provider_relationship"
  },
  {
    "assetId": "coingecko:bordrless",
    "protocolId": "9124",
    "protocolSlug": "bordrless-launchpad",
    "method": "chain_contract",
    "evidence": "DeFiLlama address=solana:6Mix12LiHrQFojaQEnfPUC65Qkwd6X4Y5Qg93oFbordr; CoinGecko platforms.solana=6Mix12LiHrQFojaQEnfPUC65Qkwd6X4Y5Qg93oFbordr",
    "status": "verified_provider_relationship"
  }
]

Research statuses

[
  {
    "assetId": "coingecko:bordrless",
    "observedAt": "2026-10-18T04:35:46.584Z",
    "status": "analyzable",
    "method": "global",
    "reason": "At least one deterministic screening method is eligible"
  },
  {
    "assetId": "coingecko:bordrless",
    "observedAt": "2026-10-18T04:35:46.584Z",
    "status": "insufficient_historical_data",
    "method": "global",
    "reason": "One or more historical methods lack actual boundary observations"
  },
  {
    "assetId": "coingecko:bordrless",
    "observedAt": "2026-10-18T04:35:46.584Z",
    "status": "excluded_from_method",
    "method": "revenue_growth_declining_multiple",
    "reason": "Insufficient actual 30-day revenue or market-cap history"
  },
  {
    "assetId": "coingecko:bordrless",
    "observedAt": "2026-10-18T04:35:46.584Z",
    "status": "excluded_from_method",
    "method": "activity_growth_stagnant_market_cap",
    "reason": "Insufficient actual 30-day activity or market-cap history"
  },
  {
    "assetId": "coingecko:bordrless",
    "observedAt": "2026-10-18T04:35:46.584Z",
    "status": "excluded_from_method",
    "method": "improving_tokenholder_value_capture",
    "reason": "No observations"
  },
  {
    "assetId": "coingecko:bordrless",
    "observedAt": "2026-10-18T04:35:46.584Z",
    "status": "excluded_from_method",
    "method": "fundamental_deterioration",
    "reason": "Insufficient actual 30-day fundamental history"
  },
  {
    "assetId": "coingecko:bordrless",
    "observedAt": "2026-10-18T04:35:46.584Z",
    "status": "requires_manual_investigation",
    "method": "global",
    "reason": "At least one deterministic research signal triggered"
  }
]

Human review decisions

[]

Full fundamental evidence

[
  {
    "id": "ea9bc80d-ba5e-4ad0-98fd-0db73fa06c1a:2353",
    "protocolId": "9125",
    "metric": "tvl_usd",
    "period": "point_in_time",
    "observedAt": "2026-10-18T04:35:46.584Z",
    "value": 96039.81785460877,
    "unit": "USD",
    "definition": "DeFiLlama protocol TVL at collection time",
    "sourceUrl": "https://api.llama.fi/protocols",
    "methodology": null
  },
  {
    "id": "ea9bc80d-ba5e-4ad0-98fd-0db73fa06c1a:13846",
    "protocolId": "9123",
    "metric": "fees_usd",
    "period": "24h",
    "observedAt": "2026-10-18T04:35:58.074Z",
    "value": 1037,
    "unit": "USD",
    "definition": "Every fee traders pay on trades on the Bordrless DEX, including launched coins after they graduate: the protocol fee, LP fee, coin creator fee and holder reward fee.",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyFees",
    "methodology": {
      "UserFees": "Every fee traders pay on Bordrless DEX trades: the protocol fee, LP fee, coin creator fee and holder reward fee.",
      "Fees": "Every fee traders pay on trades on the Bordrless DEX, including launched coins after they graduate: the protocol fee, LP fee, coin creator fee and holder reward fee.",
      "Revenue": "The protocol fee, paid to the Bordrless treasury: half is kept, half buys back $BORDR.",
      "ProtocolRevenue": "Half of the protocol fee, kept by the treasury.",
      "HoldersRevenue": "Half of the protocol fee, spent buying back $BORDR.",
      "SupplySideRevenue": "Fees paid to liquidity providers, coin creators and coin holders.",
      "Volume": "Sum of trades on the Bordrless DEX, including launched coins after they graduate."
    }
  },
  {
    "id": "ea9bc80d-ba5e-4ad0-98fd-0db73fa06c1a:13847",
    "protocolId": "9123",
    "metric": "fees_usd",
    "period": "7d",
    "observedAt": "2026-10-18T04:35:58.074Z",
    "value": 53789,
    "unit": "USD",
    "definition": "Every fee traders pay on trades on the Bordrless DEX, including launched coins after they graduate: the protocol fee, LP fee, coin creator fee and holder reward fee.",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyFees",
    "methodology": {
      "UserFees": "Every fee traders pay on Bordrless DEX trades: the protocol fee, LP fee, coin creator fee and holder reward fee.",
      "Fees": "Every fee traders pay on trades on the Bordrless DEX, including launched coins after they graduate: the protocol fee, LP fee, coin creator fee and holder reward fee.",
      "Revenue": "The protocol fee, paid to the Bordrless treasury: half is kept, half buys back $BORDR.",
      "ProtocolRevenue": "Half of the protocol fee, kept by the treasury.",
      "HoldersRevenue": "Half of the protocol fee, spent buying back $BORDR.",
      "SupplySideRevenue": "Fees paid to liquidity providers, coin creators and coin holders.",
      "Volume": "Sum of trades on the Bordrless DEX, including launched coins after they graduate."
    }
  },
  {
    "id": "ea9bc80d-ba5e-4ad0-98fd-0db73fa06c1a:13848",
    "protocolId": "9123",
    "metric": "fees_usd",
    "period": "30d",
    "observedAt": "2026-10-18T04:35:58.074Z",
    "value": 54901,
    "unit": "USD",
    "definition": "Every fee traders pay on trades on the Bordrless DEX, including launched coins after they graduate: the protocol fee, LP fee, coin creator fee and holder reward fee.",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyFees",
    "methodology": {
      "UserFees": "Every fee traders pay on Bordrless DEX trades: the protocol fee, LP fee, coin creator fee and holder reward fee.",
      "Fees": "Every fee traders pay on trades on the Bordrless DEX, including launched coins after they graduate: the protocol fee, LP fee, coin creator fee and holder reward fee.",
      "Revenue": "The protocol fee, paid to the Bordrless treasury: half is kept, half buys back $BORDR.",
      "ProtocolRevenue": "Half of the protocol fee, kept by the treasury.",
      "HoldersRevenue": "Half of the protocol fee, spent buying back $BORDR.",
      "SupplySideRevenue": "Fees paid to liquidity providers, coin creators and coin holders.",
      "Volume": "Sum of trades on the Bordrless DEX, including launched coins after they graduate."
    }
  },
  {
    "id": "ea9bc80d-ba5e-4ad0-98fd-0db73fa06c1a:21265",
    "protocolId": "9123",
    "metric": "revenue_usd",
    "period": "24h",
    "observedAt": "2026-10-18T04:36:00.033Z",
    "value": 265,
    "unit": "USD",
    "definition": "The protocol fee, paid to the Bordrless treasury: half is kept, half buys back $BORDR.",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyRevenue",
    "methodology": {
      "UserFees": "Every fee traders pay on Bordrless DEX trades: the protocol fee, LP fee, coin creator fee and holder reward fee.",
      "Fees": "Every fee traders pay on trades on the Bordrless DEX, including launched coins after they graduate: the protocol fee, LP fee, coin creator fee and holder reward fee.",
      "Revenue": "The protocol fee, paid to the Bordrless treasury: half is kept, half buys back $BORDR.",
      "ProtocolRevenue": "Half of the protocol fee, kept by the treasury.",
      "HoldersRevenue": "Half of the protocol fee, spent buying back $BORDR.",
      "SupplySideRevenue": "Fees paid to liquidity providers, coin creators and coin holders.",
      "Volume": "Sum of trades on the Bordrless DEX, including launched coins after they graduate."
    }
  },
  {
    "id": "ea9bc80d-ba5e-4ad0-98fd-0db73fa06c1a:21266",
    "protocolId": "9123",
    "metric": "revenue_usd",
    "period": "7d",
    "observedAt": "2026-10-18T04:36:00.033Z",
    "value": 15148,
    "unit": "USD",
    "definition": "The protocol fee, paid to the Bordrless treasury: half is kept, half buys back $BORDR.",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyRevenue",
    "methodology": {
      "UserFees": "Every fee traders pay on Bordrless DEX trades: the protocol fee, LP fee, coin creator fee and holder reward fee.",
      "Fees": "Every fee traders pay on trades on the Bordrless DEX, including launched coins after they graduate: the protocol fee, LP fee, coin creator fee and holder reward fee.",
      "Revenue": "The protocol fee, paid to the Bordrless treasury: half is kept, half buys back $BORDR.",
      "ProtocolRevenue": "Half of the protocol fee, kept by the treasury.",
      "HoldersRevenue": "Half of the protocol fee, spent buying back $BORDR.",
      "SupplySideRevenue": "Fees paid to liquidity providers, coin creators and coin holders.",
      "Volume": "Sum of trades on the Bordrless DEX, including launched coins after they graduate."
    }
  },
  {
    "id": "ea9bc80d-ba5e-4ad0-98fd-0db73fa06c1a:21267",
    "protocolId": "9123",
    "metric": "revenue_usd",
    "period": "30d",
    "observedAt": "2026-10-18T04:36:00.033Z",
    "value": 15493,
    "unit": "USD",
    "definition": "The protocol fee, paid to the Bordrless treasury: half is kept, half buys back $BORDR.",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyRevenue",
    "methodology": {
      "UserFees": "Every fee traders pay on Bordrless DEX trades: the protocol fee, LP fee, coin creator fee and holder reward fee.",
      "Fees": "Every fee traders pay on trades on the Bordrless DEX, including launched coins after they graduate: the protocol fee, LP fee, coin creator fee and holder reward fee.",
      "Revenue": "The protocol fee, paid to the Bordrless treasury: half is kept, half buys back $BORDR.",
      "ProtocolRevenue": "Half of the protocol fee, kept by the treasury.",
      "HoldersRevenue": "Half of the protocol fee, spent buying back $BORDR.",
      "SupplySideRevenue": "Fees paid to liquidity providers, coin creators and coin holders.",
      "Volume": "Sum of trades on the Bordrless DEX, including launched coins after they graduate."
    }
  },
  {
    "id": "ea9bc80d-ba5e-4ad0-98fd-0db73fa06c1a:24609",
    "protocolId": "9123",
    "metric": "holders_revenue_usd",
    "period": "24h",
    "observedAt": "2026-10-18T04:36:12.168Z",
    "value": 133,
    "unit": "USD",
    "definition": "Half of the protocol fee, spent buying back $BORDR.",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyHoldersRevenue",
    "methodology": {
      "UserFees": "Every fee traders pay on Bordrless DEX trades: the protocol fee, LP fee, coin creator fee and holder reward fee.",
      "Fees": "Every fee traders pay on trades on the Bordrless DEX, including launched coins after they graduate: the protocol fee, LP fee, coin creator fee and holder reward fee.",
      "Revenue": "The protocol fee, paid to the Bordrless treasury: half is kept, half buys back $BORDR.",
      "ProtocolRevenue": "Half of the protocol fee, kept by the treasury.",
      "HoldersRevenue": "Half of the protocol fee, spent buying back $BORDR.",
      "SupplySideRevenue": "Fees paid to liquidity providers, coin creators and coin holders.",
      "Volume": "Sum of trades on the Bordrless DEX, including launched coins after they graduate."
    }
  },
  {
    "id": "ea9bc80d-ba5e-4ad0-98fd-0db73fa06c1a:24610",
    "protocolId": "9123",
    "metric": "holders_revenue_usd",
    "period": "7d",
    "observedAt": "2026-10-18T04:36:12.168Z",
    "value": 7575.389999999999,
    "unit": "USD",
    "definition": "Half of the protocol fee, spent buying back $BORDR.",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyHoldersRevenue",
    "methodology": {
      "UserFees": "Every fee traders pay on Bordrless DEX trades: the protocol fee, LP fee, coin creator fee and holder reward fee.",
      "Fees": "Every fee traders pay on trades on the Bordrless DEX, including launched coins after they graduate: the protocol fee, LP fee, coin creator fee and holder reward fee.",
      "Revenue": "The protocol fee, paid to the Bordrless treasury: half is kept, half buys back $BORDR.",
      "ProtocolRevenue": "Half of the protocol fee, kept by the treasury.",
      "HoldersRevenue": "Half of the protocol fee, spent buying back $BORDR.",
      "SupplySideRevenue": "Fees paid to liquidity providers, coin creators and coin holders.",
      "Volume": "Sum of trades on the Bordrless DEX, including launched coins after they graduate."
    }
  },
  {
    "id": "ea9bc80d-ba5e-4ad0-98fd-0db73fa06c1a:24611",
    "protocolId": "9123",
    "metric": "holders_revenue_usd",
    "period": "30d",
    "observedAt": "2026-10-18T04:36:12.168Z",
    "value": 7747.389999999999,
    "unit": "USD",
    "definition": "Half of the protocol fee, spent buying back $BORDR.",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyHoldersRevenue",
    "methodology": {
      "UserFees": "Every fee traders pay on Bordrless DEX trades: the protocol fee, LP fee, coin creator fee and holder reward fee.",
      "Fees": "Every fee traders pay on trades on the Bordrless DEX, including launched coins after they graduate: the protocol fee, LP fee, coin creator fee and holder reward fee.",
      "Revenue": "The protocol fee, paid to the Bordrless treasury: half is kept, half buys back $BORDR.",
      "ProtocolRevenue": "Half of the protocol fee, kept by the treasury.",
      "HoldersRevenue": "Half of the protocol fee, spent buying back $BORDR.",
      "SupplySideRevenue": "Fees paid to liquidity providers, coin creators and coin holders.",
      "Volume": "Sum of trades on the Bordrless DEX, including launched coins after they graduate."
    }
  },
  {
    "id": "ea9bc80d-ba5e-4ad0-98fd-0db73fa06c1a:28620",
    "protocolId": "9123",
    "metric": "dex_volume_usd",
    "period": "24h",
    "observedAt": "2026-10-18T04:36:13.503Z",
    "value": 22575,
    "unit": "USD",
    "definition": "Sum of trades on the Bordrless DEX, including launched coins after they graduate.",
    "sourceUrl": "https://api.llama.fi/overview/dexs?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true",
    "methodology": {
      "UserFees": "Every fee traders pay on Bordrless DEX trades: the protocol fee, LP fee, coin creator fee and holder reward fee.",
      "Fees": "Every fee traders pay on trades on the Bordrless DEX, including launched coins after they graduate: the protocol fee, LP fee, coin creator fee and holder reward fee.",
      "Revenue": "The protocol fee, paid to the Bordrless treasury: half is kept, half buys back $BORDR.",
      "ProtocolRevenue": "Half of the protocol fee, kept by the treasury.",
      "HoldersRevenue": "Half of the protocol fee, spent buying back $BORDR.",
      "SupplySideRevenue": "Fees paid to liquidity providers, coin creators and coin holders.",
      "Volume": "Sum of trades on the Bordrless DEX, including launched coins after they graduate."
    }
  },
  {
    "id": "ea9bc80d-ba5e-4ad0-98fd-0db73fa06c1a:28621",
    "protocolId": "9123",
    "metric": "dex_volume_usd",
    "period": "7d",
    "observedAt": "2026-10-18T04:36:13.503Z",
    "value": 1684587,
    "unit": "USD",
    "definition": "Sum of trades on the Bordrless DEX, including launched coins after they graduate.",
    "sourceUrl": "https://api.llama.fi/overview/dexs?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true",
    "methodology": {
      "UserFees": "Every fee traders pay on Bordrless DEX trades: the protocol fee, LP fee, coin creator fee and holder reward fee.",
      "Fees": "Every fee traders pay on trades on the Bordrless DEX, including launched coins after they graduate: the protocol fee, LP fee, coin creator fee and holder reward fee.",
      "Revenue": "The protocol fee, paid to the Bordrless treasury: half is kept, half buys back $BORDR.",
      "ProtocolRevenue": "Half of the protocol fee, kept by the treasury.",
      "HoldersRevenue": "Half of the protocol fee, spent buying back $BORDR.",
      "SupplySideRevenue": "Fees paid to liquidity providers, coin creators and coin holders.",
      "Volume": "Sum of trades on the Bordrless DEX, including launched coins after they graduate."
    }
  },
  {
    "id": "ea9bc80d-ba5e-4ad0-98fd-0db73fa06c1a:28622",
    "protocolId": "9123",
    "metric": "dex_volume_usd",
    "period": "30d",
    "observedAt": "2026-10-18T04:36:13.503Z",
    "value": 1735369,
    "unit": "USD",
    "definition": "Sum of trades on the Bordrless DEX, including launched coins after they graduate.",
    "sourceUrl": "https://api.llama.fi/overview/dexs?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true",
    "methodology": {
      "UserFees": "Every fee traders pay on Bordrless DEX trades: the protocol fee, LP fee, coin creator fee and holder reward fee.",
      "Fees": "Every fee traders pay on trades on the Bordrless DEX, including launched coins after they graduate: the protocol fee, LP fee, coin creator fee and holder reward fee.",
      "Revenue": "The protocol fee, paid to the Bordrless treasury: half is kept, half buys back $BORDR.",
      "ProtocolRevenue": "Half of the protocol fee, kept by the treasury.",
      "HoldersRevenue": "Half of the protocol fee, spent buying back $BORDR.",
      "SupplySideRevenue": "Fees paid to liquidity providers, coin creators and coin holders.",
      "Volume": "Sum of trades on the Bordrless DEX, including launched coins after they graduate."
    }
  },
  {
    "id": "ea9bc80d-ba5e-4ad0-98fd-0db73fa06c1a:13849",
    "protocolId": "9124",
    "metric": "fees_usd",
    "period": "24h",
    "observedAt": "2026-10-18T04:35:58.074Z",
    "value": 1068,
    "unit": "USD",
    "definition": "Every fee traders pay on trades on the Bordrless launchpad bonding curve, before a coin graduates: the protocol fee, LP fee, coin creator fee and holder reward fee.",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyFees",
    "methodology": {
      "Volume": "Sum of trades on the Bordrless launchpad bonding curve, before a coin graduates.",
      "Fees": "Every fee traders pay on trades on the Bordrless launchpad bonding curve, before a coin graduates: the protocol fee, LP fee, coin creator fee and holder reward fee.",
      "UserFees": "Every fee traders pay on Bordrless launchpad bonding curve trades: the protocol fee, LP fee, coin creator fee and holder reward fee.",
      "Revenue": "The protocol fee, paid to the Bordrless treasury: half is kept, half buys back $BORDR.",
      "ProtocolRevenue": "Half of the protocol fee, kept by the treasury.",
      "HoldersRevenue": "Half of the protocol fee, spent buying back $BORDR.",
      "SupplySideRevenue": "Fees paid to liquidity providers, coin creators and coin holders."
    }
  },
  {
    "id": "ea9bc80d-ba5e-4ad0-98fd-0db73fa06c1a:13850",
    "protocolId": "9124",
    "metric": "fees_usd",
    "period": "7d",
    "observedAt": "2026-10-18T04:35:58.074Z",
    "value": 128776,
    "unit": "USD",
    "definition": "Every fee traders pay on trades on the Bordrless launchpad bonding curve, before a coin graduates: the protocol fee, LP fee, coin creator fee and holder reward fee.",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyFees",
    "methodology": {
      "Volume": "Sum of trades on the Bordrless launchpad bonding curve, before a coin graduates.",
      "Fees": "Every fee traders pay on trades on the Bordrless launchpad bonding curve, before a coin graduates: the protocol fee, LP fee, coin creator fee and holder reward fee.",
      "UserFees": "Every fee traders pay on Bordrless launchpad bonding curve trades: the protocol fee, LP fee, coin creator fee and holder reward fee.",
      "Revenue": "The protocol fee, paid to the Bordrless treasury: half is kept, half buys back $BORDR.",
      "ProtocolRevenue": "Half of the protocol fee, kept by the treasury.",
      "HoldersRevenue": "Half of the protocol fee, spent buying back $BORDR.",
      "SupplySideRevenue": "Fees paid to liquidity providers, coin creators and coin holders."
    }
  },
  {
    "id": "ea9bc80d-ba5e-4ad0-98fd-0db73fa06c1a:13851",
    "protocolId": "9124",
    "metric": "fees_usd",
    "period": "30d",
    "observedAt": "2026-10-18T04:35:58.074Z",
    "value": 132407,
    "unit": "USD",
    "definition": "Every fee traders pay on trades on the Bordrless launchpad bonding curve, before a coin graduates: the protocol fee, LP fee, coin creator fee and holder reward fee.",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyFees",
    "methodology": {
      "Volume": "Sum of trades on the Bordrless launchpad bonding curve, before a coin graduates.",
      "Fees": "Every fee traders pay on trades on the Bordrless launchpad bonding curve, before a coin graduates: the protocol fee, LP fee, coin creator fee and holder reward fee.",
      "UserFees": "Every fee traders pay on Bordrless launchpad bonding curve trades: the protocol fee, LP fee, coin creator fee and holder reward fee.",
      "Revenue": "The protocol fee, paid to the Bordrless treasury: half is kept, half buys back $BORDR.",
      "ProtocolRevenue": "Half of the protocol fee, kept by the treasury.",
      "HoldersRevenue": "Half of the protocol fee, spent buying back $BORDR.",
      "SupplySideRevenue": "Fees paid to liquidity providers, coin creators and coin holders."
    }
  },
  {
    "id": "ea9bc80d-ba5e-4ad0-98fd-0db73fa06c1a:21268",
    "protocolId": "9124",
    "metric": "revenue_usd",
    "period": "24h",
    "observedAt": "2026-10-18T04:36:00.033Z",
    "value": 459,
    "unit": "USD",
    "definition": "The protocol fee, paid to the Bordrless treasury: half is kept, half buys back $BORDR.",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyRevenue",
    "methodology": {
      "Volume": "Sum of trades on the Bordrless launchpad bonding curve, before a coin graduates.",
      "Fees": "Every fee traders pay on trades on the Bordrless launchpad bonding curve, before a coin graduates: the protocol fee, LP fee, coin creator fee and holder reward fee.",
      "UserFees": "Every fee traders pay on Bordrless launchpad bonding curve trades: the protocol fee, LP fee, coin creator fee and holder reward fee.",
      "Revenue": "The protocol fee, paid to the Bordrless treasury: half is kept, half buys back $BORDR.",
      "ProtocolRevenue": "Half of the protocol fee, kept by the treasury.",
      "HoldersRevenue": "Half of the protocol fee, spent buying back $BORDR.",
      "SupplySideRevenue": "Fees paid to liquidity providers, coin creators and coin holders."
    }
  },
  {
    "id": "ea9bc80d-ba5e-4ad0-98fd-0db73fa06c1a:21269",
    "protocolId": "9124",
    "metric": "revenue_usd",
    "period": "7d",
    "observedAt": "2026-10-18T04:36:00.033Z",
    "value": 86465.73,
    "unit": "USD",
    "definition": "The protocol fee, paid to the Bordrless treasury: half is kept, half buys back $BORDR.",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyRevenue",
    "methodology": {
      "Volume": "Sum of trades on the Bordrless launchpad bonding curve, before a coin graduates.",
      "Fees": "Every fee traders pay on trades on the Bordrless launchpad bonding curve, before a coin graduates: the protocol fee, LP fee, coin creator fee and holder reward fee.",
      "UserFees": "Every fee traders pay on Bordrless launchpad bonding curve trades: the protocol fee, LP fee, coin creator fee and holder reward fee.",
      "Revenue": "The protocol fee, paid to the Bordrless treasury: half is kept, half buys back $BORDR.",
      "ProtocolRevenue": "Half of the protocol fee, kept by the treasury.",
      "HoldersRevenue": "Half of the protocol fee, spent buying back $BORDR.",
      "SupplySideRevenue": "Fees paid to liquidity providers, coin creators and coin holders."
    }
  },
  {
    "id": "ea9bc80d-ba5e-4ad0-98fd-0db73fa06c1a:21270",
    "protocolId": "9124",
    "metric": "revenue_usd",
    "period": "30d",
    "observedAt": "2026-10-18T04:36:00.033Z",
    "value": 87616.73,
    "unit": "USD",
    "definition": "The protocol fee, paid to the Bordrless treasury: half is kept, half buys back $BORDR.",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyRevenue",
    "methodology": {
      "Volume": "Sum of trades on the Bordrless launchpad bonding curve, before a coin graduates.",
      "Fees": "Every fee traders pay on trades on the Bordrless launchpad bonding curve, before a coin graduates: the protocol fee, LP fee, coin creator fee and holder reward fee.",
      "UserFees": "Every fee traders pay on Bordrless launchpad bonding curve trades: the protocol fee, LP fee, coin creator fee and holder reward fee.",
      "Revenue": "The protocol fee, paid to the Bordrless treasury: half is kept, half buys back $BORDR.",
      "ProtocolRevenue": "Half of the protocol fee, kept by the treasury.",
      "HoldersRevenue": "Half of the protocol fee, spent buying back $BORDR.",
      "SupplySideRevenue": "Fees paid to liquidity providers, coin creators and coin holders."
    }
  },
  {
    "id": "ea9bc80d-ba5e-4ad0-98fd-0db73fa06c1a:24612",
    "protocolId": "9124",
    "metric": "holders_revenue_usd",
    "period": "24h",
    "observedAt": "2026-10-18T04:36:12.168Z",
    "value": 230,
    "unit": "USD",
    "definition": "Half of the protocol fee, spent buying back $BORDR.",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyHoldersRevenue",
    "methodology": {
      "Volume": "Sum of trades on the Bordrless launchpad bonding curve, before a coin graduates.",
      "Fees": "Every fee traders pay on trades on the Bordrless launchpad bonding curve, before a coin graduates: the protocol fee, LP fee, coin creator fee and holder reward fee.",
      "UserFees": "Every fee traders pay on Bordrless launchpad bonding curve trades: the protocol fee, LP fee, coin creator fee and holder reward fee.",
      "Revenue": "The protocol fee, paid to the Bordrless treasury: half is kept, half buys back $BORDR.",
      "ProtocolRevenue": "Half of the protocol fee, kept by the treasury.",
      "HoldersRevenue": "Half of the protocol fee, spent buying back $BORDR.",
      "SupplySideRevenue": "Fees paid to liquidity providers, coin creators and coin holders."
    }
  },
  {
    "id": "ea9bc80d-ba5e-4ad0-98fd-0db73fa06c1a:24613",
    "protocolId": "9124",
    "metric": "holders_revenue_usd",
    "period": "7d",
    "observedAt": "2026-10-18T04:36:12.168Z",
    "value": 43237.86,
    "unit": "USD",
    "definition": "Half of the protocol fee, spent buying back $BORDR.",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyHoldersRevenue",
    "methodology": {
      "Volume": "Sum of trades on the Bordrless launchpad bonding curve, before a coin graduates.",
      "Fees": "Every fee traders pay on trades on the Bordrless launchpad bonding curve, before a coin graduates: the protocol fee, LP fee, coin creator fee and holder reward fee.",
      "UserFees": "Every fee traders pay on Bordrless launchpad bonding curve trades: the protocol fee, LP fee, coin creator fee and holder reward fee.",
      "Revenue": "The protocol fee, paid to the Bordrless treasury: half is kept, half buys back $BORDR.",
      "ProtocolRevenue": "Half of the protocol fee, kept by the treasury.",
      "HoldersRevenue": "Half of the protocol fee, spent buying back $BORDR.",
      "SupplySideRevenue": "Fees paid to liquidity providers, coin creators and coin holders."
    }
  },
  {
    "id": "ea9bc80d-ba5e-4ad0-98fd-0db73fa06c1a:24614",
    "protocolId": "9124",
    "metric": "holders_revenue_usd",
    "period": "30d",
    "observedAt": "2026-10-18T04:36:12.168Z",
    "value": 43809.86,
    "unit": "USD",
    "definition": "Half of the protocol fee, spent buying back $BORDR.",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyHoldersRevenue",
    "methodology": {
      "Volume": "Sum of trades on the Bordrless launchpad bonding curve, before a coin graduates.",
      "Fees": "Every fee traders pay on trades on the Bordrless launchpad bonding curve, before a coin graduates: the protocol fee, LP fee, coin creator fee and holder reward fee.",
      "UserFees": "Every fee traders pay on Bordrless launchpad bonding curve trades: the protocol fee, LP fee, coin creator fee and holder reward fee.",
      "Revenue": "The protocol fee, paid to the Bordrless treasury: half is kept, half buys back $BORDR.",
      "ProtocolRevenue": "Half of the protocol fee, kept by the treasury.",
      "HoldersRevenue": "Half of the protocol fee, spent buying back $BORDR.",
      "SupplySideRevenue": "Fees paid to liquidity providers, coin creators and coin holders."
    }
  },
  {
    "id": "ea9bc80d-ba5e-4ad0-98fd-0db73fa06c1a:28623",
    "protocolId": "9124",
    "metric": "dex_volume_usd",
    "period": "24h",
    "observedAt": "2026-10-18T04:36:13.503Z",
    "value": 33830,
    "unit": "USD",
    "definition": "Sum of trades on the Bordrless launchpad bonding curve, before a coin graduates.",
    "sourceUrl": "https://api.llama.fi/overview/dexs?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true",
    "methodology": {
      "Volume": "Sum of trades on the Bordrless launchpad bonding curve, before a coin graduates.",
      "Fees": "Every fee traders pay on trades on the Bordrless launchpad bonding curve, before a coin graduates: the protocol fee, LP fee, coin creator fee and holder reward fee.",
      "UserFees": "Every fee traders pay on Bordrless launchpad bonding curve trades: the protocol fee, LP fee, coin creator fee and holder reward fee.",
      "Revenue": "The protocol fee, paid to the Bordrless treasury: half is kept, half buys back $BORDR.",
      "ProtocolRevenue": "Half of the protocol fee, kept by the treasury.",
      "HoldersRevenue": "Half of the protocol fee, spent buying back $BORDR.",
      "SupplySideRevenue": "Fees paid to liquidity providers, coin creators and coin holders."
    }
  },
  {
    "id": "ea9bc80d-ba5e-4ad0-98fd-0db73fa06c1a:28624",
    "protocolId": "9124",
    "metric": "dex_volume_usd",
    "period": "7d",
    "observedAt": "2026-10-18T04:36:13.503Z",
    "value": 1915131,
    "unit": "USD",
    "definition": "Sum of trades on the Bordrless launchpad bonding curve, before a coin graduates.",
    "sourceUrl": "https://api.llama.fi/overview/dexs?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true",
    "methodology": {
      "Volume": "Sum of trades on the Bordrless launchpad bonding curve, before a coin graduates.",
      "Fees": "Every fee traders pay on trades on the Bordrless launchpad bonding curve, before a coin graduates: the protocol fee, LP fee, coin creator fee and holder reward fee.",
      "UserFees": "Every fee traders pay on Bordrless launchpad bonding curve trades: the protocol fee, LP fee, coin creator fee and holder reward fee.",
      "Revenue": "The protocol fee, paid to the Bordrless treasury: half is kept, half buys back $BORDR.",
      "ProtocolRevenue": "Half of the protocol fee, kept by the treasury.",
      "HoldersRevenue": "Half of the protocol fee, spent buying back $BORDR.",
      "SupplySideRevenue": "Fees paid to liquidity providers, coin creators and coin holders."
    }
  },
  {
    "id": "ea9bc80d-ba5e-4ad0-98fd-0db73fa06c1a:28625",
    "protocolId": "9124",
    "metric": "dex_volume_usd",
    "period": "30d",
    "observedAt": "2026-10-18T04:36:13.503Z",
    "value": 2121623,
    "unit": "USD",
    "definition": "Sum of trades on the Bordrless launchpad bonding curve, before a coin graduates.",
    "sourceUrl": "https://api.llama.fi/overview/dexs?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true",
    "methodology": {
      "Volume": "Sum of trades on the Bordrless launchpad bonding curve, before a coin graduates.",
      "Fees": "Every fee traders pay on trades on the Bordrless launchpad bonding curve, before a coin graduates: the protocol fee, LP fee, coin creator fee and holder reward fee.",
      "UserFees": "Every fee traders pay on Bordrless launchpad bonding curve trades: the protocol fee, LP fee, coin creator fee and holder reward fee.",
      "Revenue": "The protocol fee, paid to the Bordrless treasury: half is kept, half buys back $BORDR.",
      "ProtocolRevenue": "Half of the protocol fee, kept by the treasury.",
      "HoldersRevenue": "Half of the protocol fee, spent buying back $BORDR.",
      "SupplySideRevenue": "Fees paid to liquidity providers, coin creators and coin holders."
    }
  }
]