improving tokenholder value capture
The holders-revenue share improved beyond the configured threshold
Current streak: 3 snapshots · triggered 3/5 observed snapshots
tuna · coingecko:defituna
The holders-revenue share improved beyond the configured threshold
Current streak: 3 snapshots · triggered 3/5 observed snapshots
The valuation multiple differs materially from the eligible peer median
Current streak: 1 snapshot · triggered 3/5 observed snapshots
At least one available fundamental deteriorated beyond the configured threshold
Current streak: 3 snapshots · triggered 3/5 observed snapshots
Total supply is high relative to circulating supply
Current streak: 5 snapshots · triggered 5/5 observed snapshots
| Metric | Period | Value | Observed |
|---|---|---|---|
| dex volume | 24h | $22,533.00 | 2026-10-11T04:49:37.444Z |
| dex volume | 30d | $5.51M | 2026-10-11T04:49:37.444Z |
| dex volume | 7d | $592,741.00 | 2026-10-11T04:49:37.444Z |
| dex volume | daily | $100,833.00 | 2026-09-28T00:00:00.000Z |
| fees | 24h | $50.00 | 2026-10-11T04:49:24.915Z |
| fees | 30d | $6,649.00 | 2026-10-11T04:49:24.915Z |
| fees | 7d | $497.00 | 2026-10-11T04:49:24.915Z |
| fees | daily | $99.00 | 2026-09-30T00:00:00.000Z |
| holders revenue | 24h | $2.04 | 2026-10-11T04:49:36.133Z |
| holders revenue | 30d | $272.22 | 2026-10-11T04:49:36.133Z |
| holders revenue | 7d | $20.20 | 2026-10-11T04:49:36.133Z |
| holders revenue | daily | $33.00 | 2026-09-30T00:00:00.000Z |
| revenue | 24h | $6.04 | 2026-10-11T04:49:28.176Z |
| revenue | 30d | $797.08 | 2026-10-11T04:49:28.176Z |
| revenue | 7d | $59.12 | 2026-10-11T04:49:28.176Z |
| revenue | daily | $99.00 | 2026-09-30T00:00:00.000Z |
| tvl | point in time | $861,493.00 | 2026-10-14T05:30:35.000Z |
| Metric | Window | Change | Boundary |
|---|---|---|---|
| dex volume usd:daily | 7d | -79.02% | 2026-09-21T00:00:00.000Z → 2026-09-28T00:00:00.000Z |
| fees usd:daily | 7d | -82.86% | 2026-09-21T00:00:00.000Z → 2026-09-28T00:00:00.000Z |
| holders revenue usd:daily | 7d | -82.66% | 2026-09-21T00:00:00.000Z → 2026-09-28T00:00:00.000Z |
| market cap usd:point in time | 7d | -6.12% | 2026-10-07T00:00:00.000Z → 2026-10-14T06:37:10.000Z |
| revenue usd:daily | 7d | -82.56% | 2026-09-21T00:00:00.000Z → 2026-09-28T00:00:00.000Z |
| dex volume usd:daily | 30d | -0.69% | 2026-08-29T00:00:00.000Z → 2026-09-28T00:00:00.000Z |
| fees usd:daily | 30d | -51.13% | 2026-08-29T00:00:00.000Z → 2026-09-28T00:00:00.000Z |
| holders revenue usd:daily | 30d | -28.43% | 2026-08-29T00:00:00.000Z → 2026-09-28T00:00:00.000Z |
| market cap usd:point in time | 30d | -53.21% | 2026-09-14T00:00:00.000Z → 2026-10-14T06:37:10.000Z |
| revenue usd:daily | 30d | -26.93% | 2026-08-29T00:00:00.000Z → 2026-09-28T00:00:00.000Z |
| tvl usd:point in time | 30d | 38.47% | 2026-09-11T00:00:00.000Z → 2026-10-11T04:49:10.103Z |
| dex volume usd:daily | 90d | -70.25% | 2026-06-30T00:00:00.000Z → 2026-09-28T00:00:00.000Z |
| fees usd:daily | 90d | -90.94% | 2026-06-30T00:00:00.000Z → 2026-09-28T00:00:00.000Z |
| holders revenue usd:daily | 90d | -72.31% | 2026-06-30T00:00:00.000Z → 2026-09-28T00:00:00.000Z |
| market cap usd:point in time | 90d | 9.93% | 2026-07-16T00:00:00.000Z → 2026-10-14T06:37:10.000Z |
| revenue usd:daily | 90d | -67.05% | 2026-06-30T00:00:00.000Z → 2026-09-28T00:00:00.000Z |
| tvl usd:point in time | 90d | -4.70% | 2026-07-13T00:00:00.000Z → 2026-10-11T04:49:10.103Z |
| dex volume usd:daily | 180d | -90.59% | 2026-04-01T00:00:00.000Z → 2026-09-28T00:00:00.000Z |
| fees usd:daily | 180d | -82.72% | 2026-04-01T00:00:00.000Z → 2026-09-28T00:00:00.000Z |
| holders revenue usd:daily | 180d | -69.61% | 2026-04-01T00:00:00.000Z → 2026-09-28T00:00:00.000Z |
| market cap usd:point in time | 180d | -83.25% | 2026-04-17T00:00:00.000Z → 2026-10-14T06:37:10.000Z |
| revenue usd:daily | 180d | -62.79% | 2026-04-01T00:00:00.000Z → 2026-09-28T00:00:00.000Z |
| tvl usd:point in time | 180d | -27.44% | 2026-04-14T00:00:00.000Z → 2026-10-11T04:49:10.103Z |
Generate or open a cached AI research brief constrained to this dossier's stored evidence, calculations, and limitations.
Open AI research briefEligible, but configured thresholds were not jointly met
Limits: Revenue multiple uses 24-hour revenue annualized consistently at both endpoints
{
"inputs": {
"revenue": {
"status": "calculated",
"windowDays": 30,
"start": {
"id": "4b4382a3-87e8-4d77-9ce7-f5b4fbc78ca0:6760:revenue:1789084800+5ad89483-5242-4f74-bf5c-6bfe97a31e46:5907:revenue:1789084800",
"at": "2026-09-11T00:00:00.000Z",
"value": 148
},
"end": {
"id": "5fde7da8-3c37-4879-8995-06f079ce2348:17623+5fde7da8-3c37-4879-8995-06f079ce2348:18511",
"at": "2026-10-11T04:49:28.176Z",
"value": 125.04
},
"percent": -15.51351351351351,
"definition": "(end - start) / abs(start) * 100 over 30 days"
},
"marketCap": {
"status": "calculated",
"windowDays": 30,
"start": {
"id": "2a37cfec-5ab5-4fcd-b3e0-a72b0501b58e:coingecko:defituna:1789344000000",
"at": "2026-09-14T00:00:00.000Z",
"value": 1213820.728421076
},
"end": {
"id": "2a37cfec-5ab5-4fcd-b3e0-a72b0501b58e:coingecko:defituna:1791959830000",
"at": "2026-10-14T06:37:10.000Z",
"value": 567918.8528604779
},
"percent": -53.21229572350275,
"definition": "(end - start) / abs(start) * 100 over 30 days"
}
},
"calculation": {
"startMultiple": 8201.491408250513,
"endMultiple": 4541.897415710795,
"multipleChange": -44.62107939122206
},
"evaluatedAt": "2026-10-11T04:49:10.103Z"
}Eligible, but configured thresholds were not jointly met
{
"inputs": {
"activity": {
"metric": "dex_volume_usd",
"result": {
"status": "calculated",
"windowDays": 30,
"start": {
"id": "5ad89483-5242-4f74-bf5c-6bfe97a31e46:5907:dex_volume:1789084800",
"at": "2026-09-11T00:00:00.000Z",
"value": 379690
},
"end": {
"id": "5fde7da8-3c37-4879-8995-06f079ce2348:27046",
"at": "2026-10-11T04:49:37.444Z",
"value": 22533
},
"percent": -94.06542179146146,
"definition": "(end - start) / abs(start) * 100 over 30 days"
}
},
"marketCap": {
"status": "calculated",
"windowDays": 30,
"start": {
"id": "2a37cfec-5ab5-4fcd-b3e0-a72b0501b58e:coingecko:defituna:1789344000000",
"at": "2026-09-14T00:00:00.000Z",
"value": 1213820.728421076
},
"end": {
"id": "2a37cfec-5ab5-4fcd-b3e0-a72b0501b58e:coingecko:defituna:1791959830000",
"at": "2026-10-14T06:37:10.000Z",
"value": 567918.8528604779
},
"percent": -53.21229572350275,
"definition": "(end - start) / abs(start) * 100 over 30 days"
}
},
"calculation": {
"activityChangePercent": -94.06542179146146,
"marketCapChangePercent": -53.21229572350275
},
"evaluatedAt": "2026-10-11T04:49:10.103Z"
}The holders-revenue share improved beyond the configured threshold
Limits: Provider methodology determines what qualifies as holders revenue
{
"inputs": {
"capture": {
"status": "calculated",
"windowDays": 30,
"start": {
"id": "4b4382a3-87e8-4d77-9ce7-f5b4fbc78ca0:6760:holders_revenue:1787961600+5ad89483-5242-4f74-bf5c-6bfe97a31e46:5907:holders_revenue:1787961600:4b4382a3-87e8-4d77-9ce7-f5b4fbc78ca0:6760:fees:1787961600+5ad89483-5242-4f74-bf5c-6bfe97a31e46:5907:fees:1787961600",
"at": "2026-08-29T00:00:00.000Z",
"value": 0.1552750809061489
},
"end": {
"id": "4b4382a3-87e8-4d77-9ce7-f5b4fbc78ca0:6760:holders_revenue:1790553600+5ad89483-5242-4f74-bf5c-6bfe97a31e46:5907:holders_revenue:1790553600:4b4382a3-87e8-4d77-9ce7-f5b4fbc78ca0:6760:fees:1790553600+5ad89483-5242-4f74-bf5c-6bfe97a31e46:5907:fees:1790553600",
"at": "2026-09-28T00:00:00.000Z",
"value": 0.2274172185430464
},
"percent": 46.460859795334144,
"definition": "(end - start) / abs(start) * 100 over 30 days"
}
},
"calculation": {
"holderRevenueToFeesChangePercent": 46.460859795334144
},
"evaluatedAt": "2026-10-11T04:49:10.103Z"
}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": {
"currentCap": 605693,
"latestRevenue": 125.04,
"peerMedian": 38.92882734625997
},
"calculation": {
"annualizedRevenueMultiple": 13.271216224506786,
"peerMultipleRatio": 0.34090973525771506
},
"evaluatedAt": "2026-10-11T04:49:10.103Z"
}At least one available fundamental deteriorated beyond the configured threshold
{
"inputs": {
"fees": {
"status": "calculated",
"windowDays": 30,
"start": {
"id": "4b4382a3-87e8-4d77-9ce7-f5b4fbc78ca0:6760:fees:1789084800+5ad89483-5242-4f74-bf5c-6bfe97a31e46:5907:fees:1789084800",
"at": "2026-09-11T00:00:00.000Z",
"value": 792
},
"end": {
"id": "5fde7da8-3c37-4879-8995-06f079ce2348:10091+5fde7da8-3c37-4879-8995-06f079ce2348:11058",
"at": "2026-10-11T04:49:24.915Z",
"value": 169
},
"percent": -78.66161616161617,
"definition": "(end - start) / abs(start) * 100 over 30 days"
},
"revenue": {
"status": "calculated",
"windowDays": 30,
"start": {
"id": "4b4382a3-87e8-4d77-9ce7-f5b4fbc78ca0:6760:revenue:1789084800+5ad89483-5242-4f74-bf5c-6bfe97a31e46:5907:revenue:1789084800",
"at": "2026-09-11T00:00:00.000Z",
"value": 148
},
"end": {
"id": "5fde7da8-3c37-4879-8995-06f079ce2348:17623+5fde7da8-3c37-4879-8995-06f079ce2348:18511",
"at": "2026-10-11T04:49:28.176Z",
"value": 125.04
},
"percent": -15.51351351351351,
"definition": "(end - start) / abs(start) * 100 over 30 days"
},
"tvl": {
"status": "calculated",
"windowDays": 30,
"start": {
"id": "2a37cfec-5ab5-4fcd-b3e0-a72b0501b58e:6653:tvl:1789084800+4b4382a3-87e8-4d77-9ce7-f5b4fbc78ca0:6760:tvl:1789084800+5ad89483-5242-4f74-bf5c-6bfe97a31e46:5907:tvl:1789084800",
"at": "2026-09-11T00:00:00.000Z",
"value": 1965299
},
"end": {
"id": "5fde7da8-3c37-4879-8995-06f079ce2348:1358+5fde7da8-3c37-4879-8995-06f079ce2348:1407+5fde7da8-3c37-4879-8995-06f079ce2348:1429",
"at": "2026-10-11T04:49:10.103Z",
"value": 2721364.6773101073
},
"percent": 38.47077097734784,
"definition": "(end - start) / abs(start) * 100 over 30 days"
}
},
"calculation": {
"worstChangePercent": -78.66161616161617
},
"evaluatedAt": "2026-10-11T04:49:10.103Z"
}Total supply is high relative to circulating supply
Limits: Supply fields are provider-reported and do not describe unlock timing
{
"inputs": {
"circulatingSupply": 281500000,
"totalSupply": 1000000000
},
"calculation": {
"totalToCirculatingRatio": 3.552397868561279
},
"evaluatedAt": "2026-10-11T04:49:10.103Z"
}No provider identity conflict detected
{
"inputs": {
"identityConflict": false
},
"calculation": null,
"evaluatedAt": "2026-10-11T04:49:10.103Z"
}[
{
"assetId": "coingecko:defituna",
"kind": "sector",
"value": "decentralized_exchanges",
"status": "classified",
"reason": "Canonical mapping from DeFiLlama category Dexs",
"sourceProvider": "defillama",
"sourceRecord": "5907",
"observedAt": "2026-10-11T04:49:10.103Z"
},
{
"assetId": "coingecko:defituna",
"kind": "sector",
"value": "other",
"status": "classified",
"reason": "Canonical mapping from DeFiLlama category Liquidity Manager",
"sourceProvider": "defillama",
"sourceRecord": "6760",
"observedAt": "2026-10-11T04:49:10.103Z"
},
{
"assetId": "coingecko:defituna",
"kind": "sector",
"value": "lending_borrowing",
"status": "classified",
"reason": "Canonical mapping from DeFiLlama category Lending",
"sourceProvider": "defillama",
"sourceRecord": "6653",
"observedAt": "2026-10-11T04:49:10.103Z"
},
{
"assetId": "coingecko:defituna",
"kind": "asset_type",
"value": "protocol_token",
"status": "classified",
"reason": "Canonical type mapping from DeFiLlama category Dexs",
"sourceProvider": "defillama",
"sourceRecord": "5907",
"observedAt": "2026-10-11T04:49:10.103Z"
}
][
{
"assetId": "coingecko:defituna",
"protocolId": "5907",
"protocolSlug": "defituna-amm",
"method": "chain_contract",
"evidence": "DeFiLlama address=TUNAfXDZEdQizTMTh3uEvNvYqJmqFHZbEJt8joP4cyx; CoinGecko platforms.solana=TUNAfXDZEdQizTMTh3uEvNvYqJmqFHZbEJt8joP4cyx",
"status": "verified_provider_relationship"
},
{
"assetId": "coingecko:defituna",
"protocolId": "6760",
"protocolSlug": "defituna-liquidity",
"method": "chain_contract",
"evidence": "DeFiLlama address=solana:TUNAfXDZEdQizTMTh3uEvNvYqJmqFHZbEJt8joP4cyx; CoinGecko platforms.solana=TUNAfXDZEdQizTMTh3uEvNvYqJmqFHZbEJt8joP4cyx",
"status": "verified_provider_relationship"
},
{
"assetId": "coingecko:defituna",
"protocolId": "6653",
"protocolSlug": "defituna-lending",
"method": "chain_contract",
"evidence": "DeFiLlama address=TUNAfXDZEdQizTMTh3uEvNvYqJmqFHZbEJt8joP4cyx; CoinGecko platforms.solana=TUNAfXDZEdQizTMTh3uEvNvYqJmqFHZbEJt8joP4cyx",
"status": "verified_provider_relationship"
}
][
{
"assetId": "coingecko:defituna",
"observedAt": "2026-10-11T04:49:10.103Z",
"status": "analyzable",
"method": "global",
"reason": "At least one deterministic screening method is eligible"
},
{
"assetId": "coingecko:defituna",
"observedAt": "2026-10-11T04:49:10.103Z",
"status": "requires_manual_investigation",
"method": "global",
"reason": "At least one deterministic research signal triggered"
}
][]
[
{
"id": "28ba3c2c-c546-48fa-b174-122aa3718807:1552",
"protocolId": "5907",
"metric": "tvl_usd",
"period": "point_in_time",
"observedAt": "2026-09-22T21:51:30.762Z",
"value": 654184.5601035809,
"unit": "USD",
"definition": "DeFiLlama protocol TVL at collection time",
"sourceUrl": "https://api.llama.fi/protocols",
"methodology": null
},
{
"id": "28ba3c2c-c546-48fa-b174-122aa3718807:9939",
"protocolId": "5907",
"metric": "fees_usd",
"period": "24h",
"observedAt": "2026-09-22T21:51:32.324Z",
"value": 189,
"unit": "USD",
"definition": "swap fees paid by users",
"sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyFees",
"methodology": {
"UserFees": "swap fees paid by users",
"Fees": "swap fees paid by users",
"Revenue": "Share of revenue allocated to the protocol treasury",
"ProtocolRevenue": "Share of revenue allocated to the protocol treasury",
"HoldersRevenue": "Share of revenue distributed to TUNA token holders, proportional to their share of the circulating TUNA supply (excluding the treasury's 500M)",
"SupplySideRevenue": "Portion of AMM fees distributed to liquidity providers (LPs)"
}
},
{
"id": "28ba3c2c-c546-48fa-b174-122aa3718807:9940",
"protocolId": "5907",
"metric": "fees_usd",
"period": "7d",
"observedAt": "2026-09-22T21:51:32.324Z",
"value": 2354,
"unit": "USD",
"definition": "swap fees paid by users",
"sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyFees",
"methodology": {
"UserFees": "swap fees paid by users",
"Fees": "swap fees paid by users",
"Revenue": "Share of revenue allocated to the protocol treasury",
"ProtocolRevenue": "Share of revenue allocated to the protocol treasury",
"HoldersRevenue": "Share of revenue distributed to TUNA token holders, proportional to their share of the circulating TUNA supply (excluding the treasury's 500M)",
"SupplySideRevenue": "Portion of AMM fees distributed to liquidity providers (LPs)"
}
},
{
"id": "28ba3c2c-c546-48fa-b174-122aa3718807:9941",
"protocolId": "5907",
"metric": "fees_usd",
"period": "30d",
"observedAt": "2026-09-22T21:51:32.324Z",
"value": 16001,
"unit": "USD",
"definition": "swap fees paid by users",
"sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyFees",
"methodology": {
"UserFees": "swap fees paid by users",
"Fees": "swap fees paid by users",
"Revenue": "Share of revenue allocated to the protocol treasury",
"ProtocolRevenue": "Share of revenue allocated to the protocol treasury",
"HoldersRevenue": "Share of revenue distributed to TUNA token holders, proportional to their share of the circulating TUNA supply (excluding the treasury's 500M)",
"SupplySideRevenue": "Portion of AMM fees distributed to liquidity providers (LPs)"
}
},
{
"id": "28ba3c2c-c546-48fa-b174-122aa3718807:16749",
"protocolId": "5907",
"metric": "revenue_usd",
"period": "24h",
"observedAt": "2026-09-22T21:51:34.223Z",
"value": 23,
"unit": "USD",
"definition": "Share of revenue allocated to the protocol treasury",
"sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyRevenue",
"methodology": {
"UserFees": "swap fees paid by users",
"Fees": "swap fees paid by users",
"Revenue": "Share of revenue allocated to the protocol treasury",
"ProtocolRevenue": "Share of revenue allocated to the protocol treasury",
"HoldersRevenue": "Share of revenue distributed to TUNA token holders, proportional to their share of the circulating TUNA supply (excluding the treasury's 500M)",
"SupplySideRevenue": "Portion of AMM fees distributed to liquidity providers (LPs)"
}
},
{
"id": "28ba3c2c-c546-48fa-b174-122aa3718807:16750",
"protocolId": "5907",
"metric": "revenue_usd",
"period": "7d",
"observedAt": "2026-09-22T21:51:34.223Z",
"value": 283,
"unit": "USD",
"definition": "Share of revenue allocated to the protocol treasury",
"sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyRevenue",
"methodology": {
"UserFees": "swap fees paid by users",
"Fees": "swap fees paid by users",
"Revenue": "Share of revenue allocated to the protocol treasury",
"ProtocolRevenue": "Share of revenue allocated to the protocol treasury",
"HoldersRevenue": "Share of revenue distributed to TUNA token holders, proportional to their share of the circulating TUNA supply (excluding the treasury's 500M)",
"SupplySideRevenue": "Portion of AMM fees distributed to liquidity providers (LPs)"
}
},
{
"id": "28ba3c2c-c546-48fa-b174-122aa3718807:16751",
"protocolId": "5907",
"metric": "revenue_usd",
"period": "30d",
"observedAt": "2026-09-22T21:51:34.223Z",
"value": 1919,
"unit": "USD",
"definition": "Share of revenue allocated to the protocol treasury",
"sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyRevenue",
"methodology": {
"UserFees": "swap fees paid by users",
"Fees": "swap fees paid by users",
"Revenue": "Share of revenue allocated to the protocol treasury",
"ProtocolRevenue": "Share of revenue allocated to the protocol treasury",
"HoldersRevenue": "Share of revenue distributed to TUNA token holders, proportional to their share of the circulating TUNA supply (excluding the treasury's 500M)",
"SupplySideRevenue": "Portion of AMM fees distributed to liquidity providers (LPs)"
}
},
{
"id": "28ba3c2c-c546-48fa-b174-122aa3718807:21988",
"protocolId": "5907",
"metric": "holders_revenue_usd",
"period": "24h",
"observedAt": "2026-09-22T21:51:36.166Z",
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