CRYPTO MARKET INTELLIGENCE / ASSET DOSSIER

Ekubo Protocol.

ekubo · coingecko:ekubo-protocol

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$1.33
Market cap$13.28M
Active signals0
Total / circulating1.00×
Longest active streak—
Snapshots compared6

Why it surfaced

No deterministic rule is currently triggered.

What changed

No prior-snapshot signal comparison is available yet.

Latest fundamental observations

MetricPeriodValueObserved
dex volume24h$12.7M2026-10-18T04:36:13.503Z
dex volume30d$954.99M2026-10-18T04:36:13.503Z
dex volume7d$232.31M2026-10-18T04:36:13.503Z
fees24h$5,436.002026-10-18T04:35:58.074Z
fees30d$497,155.002026-10-18T04:35:58.074Z
fees7d$154,232.002026-10-18T04:35:58.074Z
holders revenue24h$566.002026-10-18T04:36:12.168Z
holders revenue30d$41,195.002026-10-18T04:36:12.168Z
holders revenue7d$17,981.002026-10-18T04:36:12.168Z
revenue24h$590.002026-10-18T04:36:00.033Z
revenue30d$47,212.002026-10-18T04:36:00.033Z
revenue7d$19,526.002026-10-18T04:36:00.033Z
tvlpoint in time$30.88M2026-10-18T04:35:46.584Z

Historical changes

MetricWindowChangeBoundary
dex volume usd:24h7d-72.52%2026-10-11T04:49:37.444Z → 2026-10-18T04:36:13.503Z
dex volume usd:30d7d7.88%2026-10-11T04:49:37.444Z → 2026-10-18T04:36:13.503Z
dex volume usd:7d7d-3.63%2026-10-11T04:49:37.444Z → 2026-10-18T04:36:13.503Z
fees usd:24h7d-81.79%2026-10-11T04:49:24.915Z → 2026-10-18T04:35:58.074Z
fees usd:30d7d27.26%2026-10-11T04:49:24.915Z → 2026-10-18T04:35:58.074Z
fees usd:7d7d36.36%2026-10-11T04:49:24.915Z → 2026-10-18T04:35:58.074Z
holders revenue usd:24h7d-77.64%2026-10-11T04:49:36.133Z → 2026-10-18T04:36:12.168Z
holders revenue usd:30d7d60.23%2026-10-11T04:49:36.133Z → 2026-10-18T04:36:12.168Z
holders revenue usd:7d7d77.03%2026-10-11T04:49:36.133Z → 2026-10-18T04:36:12.168Z
market cap usd:point in time7d-42.18%2026-10-11T03:48:50.000Z → 2026-10-18T03:42:48.000Z
revenue usd:24h7d-80.21%2026-10-11T04:49:28.176Z → 2026-10-18T04:36:00.033Z
revenue usd:30d7d53.03%2026-10-11T04:49:28.176Z → 2026-10-18T04:36:00.033Z
revenue usd:7d7d76.71%2026-10-11T04:49:28.176Z → 2026-10-18T04:36:00.033Z
tvl usd:point in time7d-11.16%2026-10-11T04:49:10.103Z → 2026-10-18T04:35:46.584Z

Market snapshot

Circulating supply
10M
Total supply
10M
Max supply
10M
Provider updated
2026-10-18T03:42:48.000Z

Evidence coverage

Verified/provider links
1
Stored fundamental observations
78
Calculated history rows
14
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 · no signal

Eligible, but the configured difference threshold was not met

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

Inputs and calculation
{
  "inputs": {
    "currentCap": 13276023,
    "latestRevenue": 590,
    "peerMedian": 35.165599059746924
  },
  "calculation": {
    "annualizedRevenueMultiple": 61.648586022753655,
    "peerMultipleRatio": 1.7530935821116458
  },
  "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": 10000000,
    "totalSupply": 10000000
  },
  "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:ekubo-protocol",
    "kind": "sector",
    "value": "decentralized_exchanges",
    "status": "classified",
    "reason": "Canonical mapping from DeFiLlama category Dexs",
    "sourceProvider": "defillama",
    "sourceRecord": "3499",
    "observedAt": "2026-10-18T04:35:46.584Z"
  },
  {
    "assetId": "coingecko:ekubo-protocol",
    "kind": "asset_type",
    "value": "protocol_token",
    "status": "classified",
    "reason": "Canonical type mapping from DeFiLlama category Dexs",
    "sourceProvider": "defillama",
    "sourceRecord": "3499",
    "observedAt": "2026-10-18T04:35:46.584Z"
  }
]
Identity relationships
[
  {
    "assetId": "coingecko:ekubo-protocol",
    "protocolId": "3499",
    "protocolSlug": "ekubo",
    "method": "gecko_id",
    "evidence": "DeFiLlama gecko_id=ekubo-protocol",
    "status": "verified_provider_relationship"
  }
]
Research statuses
[
  {
    "assetId": "coingecko:ekubo-protocol",
    "observedAt": "2026-10-18T04:35:46.584Z",
    "status": "analyzable",
    "method": "global",
    "reason": "At least one deterministic screening method is eligible"
  },
  {
    "assetId": "coingecko:ekubo-protocol",
    "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:ekubo-protocol",
    "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:ekubo-protocol",
    "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:ekubo-protocol",
    "observedAt": "2026-10-18T04:35:46.584Z",
    "status": "excluded_from_method",
    "method": "improving_tokenholder_value_capture",
    "reason": "No observations"
  },
  {
    "assetId": "coingecko:ekubo-protocol",
    "observedAt": "2026-10-18T04:35:46.584Z",
    "status": "excluded_from_method",
    "method": "fundamental_deterioration",
    "reason": "Insufficient actual 30-day fundamental history"
  }
]
Human review decisions
[]
Full fundamental evidence
[
  {
    "id": "28ba3c2c-c546-48fa-b174-122aa3718807:465",
    "protocolId": "3499",
    "metric": "tvl_usd",
    "period": "point_in_time",
    "observedAt": "2026-09-22T21:51:30.762Z",
    "value": 27597315.001709472,
    "unit": "USD",
    "definition": "DeFiLlama protocol TVL at collection time",
    "sourceUrl": "https://api.llama.fi/protocols",
    "methodology": null
  },
  {
    "id": "28ba3c2c-c546-48fa-b174-122aa3718807:8334",
    "protocolId": "3499",
    "metric": "fees_usd",
    "period": "24h",
    "observedAt": "2026-09-22T21:51:32.324Z",
    "value": 20255,
    "unit": "USD",
    "definition": "Swap fees paid by users per swap.",
    "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 per swap.",
      "Revenue": "A partition of swap fees and withdrawal fees charged by Ekubo.",
      "ProtocolRevenue": "Ekubo protocol collects revenue on Ethereum.",
      "HoldersRevenue": "Amount of fees used to buy back and burn EKUBO tokens on Starknet.",
      "SupplySideRevenue": "Amount of fees distributed to liquidity providers."
    }
  },
  {
    "id": "28ba3c2c-c546-48fa-b174-122aa3718807:8335",
    "protocolId": "3499",
    "metric": "fees_usd",
    "period": "7d",
    "observedAt": "2026-09-22T21:51:32.324Z",
    "value": 130833,
    "unit": "USD",
    "definition": "Swap fees paid by users per swap.",
    "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 per swap.",
      "Revenue": "A partition of swap fees and withdrawal fees charged by Ekubo.",
      "ProtocolRevenue": "Ekubo protocol collects revenue on Ethereum.",
      "HoldersRevenue": "Amount of fees used to buy back and burn EKUBO tokens on Starknet.",
      "SupplySideRevenue": "Amount of fees distributed to liquidity providers."
    }
  },
  {
    "id": "28ba3c2c-c546-48fa-b174-122aa3718807:8336",
    "protocolId": "3499",
    "metric": "fees_usd",
    "period": "30d",
    "observedAt": "2026-09-22T21:51:32.324Z",
    "value": 305961,
    "unit": "USD",
    "definition": "Swap fees paid by users per swap.",
    "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 per swap.",
      "Revenue": "A partition of swap fees and withdrawal fees charged by Ekubo.",
      "ProtocolRevenue": "Ekubo protocol collects revenue on Ethereum.",
      "HoldersRevenue": "Amount of fees used to buy back and burn EKUBO tokens on Starknet.",
      "SupplySideRevenue": "Amount of fees distributed to liquidity providers."
    }
  },
  {
    "id": "28ba3c2c-c546-48fa-b174-122aa3718807:15375",
    "protocolId": "3499",
    "metric": "revenue_usd",
    "period": "24h",
    "observedAt": "2026-09-22T21:51:34.223Z",
    "value": 2719,
    "unit": "USD",
    "definition": "A partition of swap fees and withdrawal fees charged by Ekubo.",
    "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 per swap.",
      "Revenue": "A partition of swap fees and withdrawal fees charged by Ekubo.",
      "ProtocolRevenue": "Ekubo protocol collects revenue on Ethereum.",
      "HoldersRevenue": "Amount of fees used to buy back and burn EKUBO tokens on Starknet.",
      "SupplySideRevenue": "Amount of fees distributed to liquidity providers."
    }
  },
  {
    "id": "28ba3c2c-c546-48fa-b174-122aa3718807:15376",
    "protocolId": "3499",
    "metric": "revenue_usd",
    "period": "7d",
    "observedAt": "2026-09-22T21:51:34.223Z",
    "value": 10033,
    "unit": "USD",
    "definition": "A partition of swap fees and withdrawal fees charged by Ekubo.",
    "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 per swap.",
      "Revenue": "A partition of swap fees and withdrawal fees charged by Ekubo.",
      "ProtocolRevenue": "Ekubo protocol collects revenue on Ethereum.",
      "HoldersRevenue": "Amount of fees used to buy back and burn EKUBO tokens on Starknet.",
      "SupplySideRevenue": "Amount of fees distributed to liquidity providers."
    }
  },
  {
    "id": "28ba3c2c-c546-48fa-b174-122aa3718807:15377",
    "protocolId": "3499",
    "metric": "revenue_usd",
    "period": "30d",
    "observedAt": "2026-09-22T21:51:34.223Z",
    "value": 25194.260000000002,
    "unit": "USD",
    "definition": "A partition of swap fees and withdrawal fees charged by Ekubo.",
    "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 per swap.",
      "Revenue": "A partition of swap fees and withdrawal fees charged by Ekubo.",
      "ProtocolRevenue": "Ekubo protocol collects revenue on Ethereum.",
      "HoldersRevenue": "Amount of fees used to buy back and burn EKUBO tokens on Starknet.",
      "SupplySideRevenue": "Amount of fees distributed to liquidity providers."
    }
  },
  {
    "id": "28ba3c2c-c546-48fa-b174-122aa3718807:21331",
    "protocolId": "3499",
    "metric": "holders_revenue_usd",
    "period": "24h",
    "observedAt": "2026-09-22T21:51:36.166Z",
    "value": 1544,
    "unit": "USD",
    "definition": "Amount of fees used to buy back and burn EKUBO tokens on Starknet.",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyHoldersRevenue",
    "methodology": {
      "UserFees": "Swap fees paid by users",
      "Fees": "Swap fees paid by users per swap.",
      "Revenue": "A partition of swap fees and withdrawal fees charged by Ekubo.",
      "ProtocolRevenue": "Ekubo protocol collects revenue on Ethereum.",
      "HoldersRevenue": "Amount of fees used to buy back and burn EKUBO tokens on Starknet.",
      "SupplySideRevenue": "Amount of fees distributed to liquidity providers."
    }
  },
  {
    "id": "28ba3c2c-c546-48fa-b174-122aa3718807:21332",
    "protocolId": "3499",
    "metric": "holders_revenue_usd",
    "period": "7d",
    "observedAt": "2026-09-22T21:51:36.166Z",
    "value": 7806,
    "unit": "USD",
    "definition": "Amount of fees used to buy back and burn EKUBO tokens on Starknet.",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyHoldersRevenue",
    "methodology": {
      "UserFees": "Swap fees paid by users",
      "Fees": "Swap fees paid by users per swap.",
      "Revenue": "A partition of swap fees and withdrawal fees charged by Ekubo.",
      "ProtocolRevenue": "Ekubo protocol collects revenue on Ethereum.",
      "HoldersRevenue": "Amount of fees used to buy back and burn EKUBO tokens on Starknet.",
      "SupplySideRevenue": "Amount of fees distributed to liquidity providers."
    }
  },
  {
    "id": "28ba3c2c-c546-48fa-b174-122aa3718807:21333",
    "protocolId": "3499",
    "metric": "holders_revenue_usd",
    "period": "30d",
    "observedAt": "2026-09-22T21:51:36.166Z",
    "value": 16101.83,
    "unit": "USD",
    "definition": "Amount of fees used to buy back and burn EKUBO tokens on Starknet.",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyHoldersRevenue",
    "methodology": {
      "UserFees": "Swap fees paid by users",
      "Fees": "Swap fees paid by users per swap.",
      "Revenue": "A partition of swap fees and withdrawal fees charged by Ekubo.",
      "ProtocolRevenue": "Ekubo protocol collects revenue on Ethereum.",
      "HoldersRevenue": "Amount of fees used to buy back and burn EKUBO tokens on Starknet.",
      "SupplySideRevenue": "Amount of fees distributed to liquidity providers."
    }
  },
  {
    "id": "28ba3c2c-c546-48fa-b174-122aa3718807:24345",
    "protocolId": "3499",
    "metric": "dex_volume_usd",
    "period": "24h",
    "observedAt": "2026-09-22T21:51:38.149Z",
    "value": 44145702,
    "unit": "USD",
    "definition": "DeFiLlama dex_volume_usd; definition is protocol-adapter specific and was not supplied",
    "sourceUrl": "https://api.llama.fi/overview/dexs?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true",
    "methodology": {
      "UserFees": "Swap fees paid by users",
      "Fees": "Swap fees paid by users per swap.",
      "Revenue": "A partition of swap fees and withdrawal fees charged by Ekubo.",
      "ProtocolRevenue": "Ekubo protocol collects revenue on Ethereum.",
      "HoldersRevenue": "Amount of fees used to buy back and burn EKUBO tokens on Starknet.",
      "SupplySideRevenue": "Amount of fees distributed to liquidity providers."
    }
  },
  {
    "id": "28ba3c2c-c546-48fa-b174-122aa3718807:24346",
    "protocolId": "3499",
    "metric": "dex_volume_usd",
    "period": "7d",
    "observedAt": "2026-09-22T21:51:38.149Z",
    "value": 265074725,
    "unit": "USD",
    "definition": "DeFiLlama dex_volume_usd; definition is protocol-adapter specific and was not supplied",
    "sourceUrl": "https://api.llama.fi/overview/dexs?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true",
    "methodology": {
      "UserFees": "Swap fees paid by users",
      "Fees": "Swap fees paid by users per swap.",
      "Revenue": "A partition of swap fees and withdrawal fees charged by Ekubo.",
      "ProtocolRevenue": "Ekubo protocol collects revenue on Ethereum.",
      "HoldersRevenue": "Amount of fees used to buy back and burn EKUBO tokens on Starknet.",
      "SupplySideRevenue": "Amount of fees distributed to liquidity providers."
    }
  },
  {
    "id": "28ba3c2c-c546-48fa-b174-122aa3718807:24347",
    "protocolId": "3499",
    "metric": "dex_volume_usd",
    "period": "30d",
    "observedAt": "2026-09-22T21:51:38.149Z",
    "value": 1292265789,
    "unit": "USD",
    "definition": "DeFiLlama dex_volume_usd; definition is protocol-adapter specific and was not supplied",
    "sourceUrl": "https://api.llama.fi/overview/dexs?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true",
    "methodology": {
      "UserFees": "Swap fees paid by users",
      "Fees": "Swap fees paid by users per swap.",
      "Revenue": "A partition of swap fees and withdrawal fees charged by Ekubo.",
      "ProtocolRevenue": "Ekubo protocol collects revenue on Ethereum.",
      "HoldersRevenue": "Amount of fees used to buy back and burn EKUBO tokens on Starknet.",
      "SupplySideRevenue": "Amount of fees distributed to liquidity providers."
    }
  },
  {
    "id": "643a86d5-0f73-414c-92e0-793343ff7d6c:460",
    "protocolId": "3499",
    "metric": "tvl_usd",
    "period": "point_in_time",
    "observedAt": "2026-09-24T00:45:17.400Z",
    "value": 27808490.735528015,
    "unit": "USD",
    "definition": "DeFiLlama protocol TVL at collection time",
    "sourceUrl": "https://api.llama.fi/protocols",
    "methodology": null
  },
  {
    "id": "643a86d5-0f73-414c-92e0-793343ff7d6c:8346",
    "protocolId": "3499",
    "metric": "fees_usd",
    "period": "24h",
    "observedAt": "2026-09-24T00:45:20.664Z",
    "value": 12472,
    "unit": "USD",
    "definition": "Swap fees paid by users per swap.",
    "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 per swap.",
      "Revenue": "A partition of swap fees and withdrawal fees charged by Ekubo.",
      "ProtocolRevenue": "Ekubo protocol collects revenue on Ethereum.",
      "HoldersRevenue": "Amount of fees used to buy back and burn EKUBO tokens on Starknet.",
      "SupplySideRevenue": "Amount of fees distributed to liquidity providers."
    }
  },
  {
    "id": "643a86d5-0f73-414c-92e0-793343ff7d6c:8347",
    "protocolId": "3499",
    "metric": "fees_usd",
    "period": "7d",
    "observedAt": "2026-09-24T00:45:20.664Z",
    "value": 127114,
    "unit": "USD",
    "definition": "Swap fees paid by users per swap.",
    "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 per swap.",
      "Revenue": "A partition of swap fees and withdrawal fees charged by Ekubo.",
      "ProtocolRevenue": "Ekubo protocol collects revenue on Ethereum.",
      "HoldersRevenue": "Amount of fees used to buy back and burn EKUBO tokens on Starknet.",
      "SupplySideRevenue": "Amount of fees distributed to liquidity providers."
    }
  },
  {
    "id": "643a86d5-0f73-414c-92e0-793343ff7d6c:8348",
    "protocolId": "3499",
    "metric": "fees_usd",
    "period": "30d",
    "observedAt": "2026-09-24T00:45:20.664Z",
    "value": 303589,
    "unit": "USD",
    "definition": "Swap fees paid by users per swap.",
    "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 per swap.",
      "Revenue": "A partition of swap fees and withdrawal fees charged by Ekubo.",
      "ProtocolRevenue": "Ekubo protocol collects revenue on Ethereum.",
      "HoldersRevenue": "Amount of fees used to buy back and burn EKUBO tokens on Starknet.",
      "SupplySideRevenue": "Amount of fees distributed to liquidity providers."
    }
  },
  {
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