CRYPTO MARKET INTELLIGENCE / ASSET DOSSIER

DefiTuna.

tuna · coingecko:defituna

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$0.00227
Market cap$638,982.00
Active signals4
Total / circulating3.55×
Longest active streak6
Snapshots compared6

Why it surfaced

improving tokenholder value capture

The holders-revenue share improved beyond the configured threshold

Current streak: 4 snapshots · triggered 4/6 observed snapshots

peer valuation difference

The valuation multiple differs materially from the eligible peer median

Current streak: 2 snapshots · triggered 4/6 observed snapshots

fundamental deterioration

At least one available fundamental deteriorated beyond the configured threshold

Current streak: 4 snapshots · triggered 4/6 observed snapshots

high dilution

Total supply is high relative to circulating supply

Current streak: 6 snapshots · triggered 6/6 observed snapshots

What changed

improving tokenholder value capture
continuing · streak 4 · 4/6 snapshots
peer valuation difference
continuing · streak 2 · 4/6 snapshots
fundamental deterioration
continuing · streak 4 · 4/6 snapshots
high dilution
continuing · streak 6 · 6/6 snapshots

Latest fundamental observations

MetricPeriodValueObserved
dex volume24h$40,477.002026-10-18T04:36:13.503Z
dex volume30d$4.44M2026-10-18T04:36:13.503Z
dex volume7d$589,554.002026-10-18T04:36:13.503Z
dex volumedaily$100,833.002026-09-28T00:00:00.000Z
fees24h$83.002026-10-18T04:35:58.074Z
fees30d$5,427.002026-10-18T04:35:58.074Z
fees7d$1,292.002026-10-18T04:35:58.074Z
feesdaily$99.002026-09-30T00:00:00.000Z
holders revenue24h$3.442026-10-18T04:36:12.168Z
holders revenue30d$222.632026-10-18T04:36:12.168Z
holders revenue7d$53.292026-10-18T04:36:12.168Z
holders revenuedaily$33.002026-09-30T00:00:00.000Z
revenue24h$9.972026-10-18T04:36:00.033Z
revenue30d$650.562026-10-18T04:36:00.033Z
revenue7d$154.482026-10-18T04:36:00.033Z
revenuedaily$99.002026-09-30T00:00:00.000Z
tvlpoint in time$883,836.332026-10-18T04:35:46.584Z

Historical changes

MetricWindowChangeBoundary
dex volume usd:24h7d79.63%2026-10-11T04:49:37.444Z → 2026-10-18T04:36:13.503Z
dex volume usd:30d7d-19.54%2026-10-11T04:49:37.444Z → 2026-10-18T04:36:13.503Z
dex volume usd:7d7d-0.54%2026-10-11T04:49:37.444Z → 2026-10-18T04:36:13.503Z
dex volume usd:daily7d-79.02%2026-09-21T00:00:00.000Z → 2026-09-28T00:00:00.000Z
fees usd:24h7d121.30%2026-10-11T04:49:24.915Z → 2026-10-18T04:35:58.074Z
fees usd:30d7d22.98%2026-10-11T04:49:24.915Z → 2026-10-18T04:35:58.074Z
fees usd:7d7d207.08%2026-10-11T04:49:24.915Z → 2026-10-18T04:35:58.074Z
fees usd:daily7d-82.86%2026-09-21T00:00:00.000Z → 2026-09-28T00:00:00.000Z
holders revenue usd:24h7d153.19%2026-10-11T04:49:36.133Z → 2026-10-18T04:36:12.168Z
holders revenue usd:30d7d72.74%2026-10-11T04:49:36.133Z → 2026-10-18T04:36:12.168Z
holders revenue usd:7d7d225.91%2026-10-11T04:49:36.133Z → 2026-10-18T04:36:12.168Z
holders revenue usd:daily7d-82.66%2026-09-21T00:00:00.000Z → 2026-09-28T00:00:00.000Z
market cap usd:point in time7d5.50%2026-10-11T03:45:49.000Z → 2026-10-18T03:39:50.000Z
revenue usd:24h7d147.90%2026-10-11T04:49:28.176Z → 2026-10-18T04:36:00.033Z
revenue usd:30d7d72.46%2026-10-11T04:49:28.176Z → 2026-10-18T04:36:00.033Z
revenue usd:7d7d221.65%2026-10-11T04:49:28.176Z → 2026-10-18T04:36:00.033Z
revenue usd:daily7d-82.56%2026-09-21T00:00:00.000Z → 2026-09-28T00:00:00.000Z
tvl usd:point in time7d-6.64%2026-10-11T04:49:10.103Z → 2026-10-18T04:35:46.584Z
dex volume usd:daily30d-0.69%2026-08-29T00:00:00.000Z → 2026-09-28T00:00:00.000Z
fees usd:daily30d-51.13%2026-08-29T00:00:00.000Z → 2026-09-28T00:00:00.000Z
holders revenue usd:daily30d-28.43%2026-08-29T00:00:00.000Z → 2026-09-28T00:00:00.000Z
market cap usd:point in time30d-20.84%2026-09-18T00:00:00.000Z → 2026-10-18T03:39:50.000Z
revenue usd:daily30d-26.93%2026-08-29T00:00:00.000Z → 2026-09-28T00:00:00.000Z
tvl usd:point in time30d1.63%2026-09-18T00:00:00.000Z → 2026-10-18T04:35:46.584Z
dex volume usd:daily90d-70.25%2026-06-30T00:00:00.000Z → 2026-09-28T00:00:00.000Z
fees usd:daily90d-90.94%2026-06-30T00:00:00.000Z → 2026-09-28T00:00:00.000Z
holders revenue usd:daily90d-72.31%2026-06-30T00:00:00.000Z → 2026-09-28T00:00:00.000Z
market cap usd:point in time90d70.11%2026-07-20T00:00:00.000Z → 2026-10-18T03:39:50.000Z
revenue usd:daily90d-67.05%2026-06-30T00:00:00.000Z → 2026-09-28T00:00:00.000Z
tvl usd:point in time90d30.36%2026-07-20T00:00:00.000Z → 2026-10-18T04:35:46.584Z
dex volume usd:daily180d-90.59%2026-04-01T00:00:00.000Z → 2026-09-28T00:00:00.000Z
fees usd:daily180d-82.72%2026-04-01T00:00:00.000Z → 2026-09-28T00:00:00.000Z
holders revenue usd:daily180d-69.61%2026-04-01T00:00:00.000Z → 2026-09-28T00:00:00.000Z
market cap usd:point in time180d-78.81%2026-04-21T00:00:00.000Z → 2026-10-18T03:39:50.000Z
revenue usd:daily180d-62.79%2026-04-01T00:00:00.000Z → 2026-09-28T00:00:00.000Z
tvl usd:point in time180d-26.92%2026-04-21T00:00:00.000Z → 2026-10-18T04:35:46.584Z

Market snapshot

Circulating supply
281.5M
Total supply
1B
Max supply
1B
Provider updated
2026-10-18T03:39:50.000Z

Evidence coverage

Verified/provider links
3
Stored fundamental observations
5,302
Calculated history rows
36
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 · included · no signal

Eligible, but configured thresholds were not jointly met

Limits: Revenue multiple uses 24-hour revenue annualized consistently at both endpoints

Inputs and calculation
{
  "inputs": {
    "revenue": {
      "status": "calculated",
      "windowDays": 30,
      "start": {
        "id": "4b4382a3-87e8-4d77-9ce7-f5b4fbc78ca0:6760:revenue:1789689600+5ad89483-5242-4f74-bf5c-6bfe97a31e46:5907:revenue:1789689600",
        "at": "2026-09-18T00:00:00.000Z",
        "value": 599
      },
      "end": {
        "id": "ea9bc80d-ba5e-4ad0-98fd-0db73fa06c1a:16929+ea9bc80d-ba5e-4ad0-98fd-0db73fa06c1a:17818",
        "at": "2026-10-18T04:36:00.033Z",
        "value": 309.97
      },
      "percent": -48.25208681135225,
      "definition": "(end - start) / abs(start) * 100 over 30 days"
    },
    "marketCap": {
      "status": "calculated",
      "windowDays": 30,
      "start": {
        "id": "2a37cfec-5ab5-4fcd-b3e0-a72b0501b58e:coingecko:defituna:1789689600000",
        "at": "2026-09-18T00:00:00.000Z",
        "value": 807209.0371825714
      },
      "end": {
        "id": "ccd4247e-2e4f-4bb6-9d14-0cf345583e2b",
        "at": "2026-10-18T03:39:50.000Z",
        "value": 638982
      },
      "percent": -20.840579011570508,
      "definition": "(end - start) / abs(start) * 100 over 30 days"
    }
  },
  "calculation": {
    "startMultiple": 1347.5943859475315,
    "endMultiple": 2061.4317514598183,
    "multipleChange": 52.97123325505454
  },
  "evaluatedAt": "2026-10-18T04:35:46.584Z"
}

activity growth stagnant market cap · included · no signal

Eligible, but configured thresholds were not jointly met

Inputs and calculation
{
  "inputs": {
    "activity": {
      "metric": "dex_volume_usd",
      "result": {
        "status": "calculated",
        "windowDays": 30,
        "start": {
          "id": "5ad89483-5242-4f74-bf5c-6bfe97a31e46:5907:dex_volume:1789689600",
          "at": "2026-09-18T00:00:00.000Z",
          "value": 365315
        },
        "end": {
          "id": "ea9bc80d-ba5e-4ad0-98fd-0db73fa06c1a:26531",
          "at": "2026-10-18T04:36:13.503Z",
          "value": 40477
        },
        "percent": -88.91997317383627,
        "definition": "(end - start) / abs(start) * 100 over 30 days"
      }
    },
    "marketCap": {
      "status": "calculated",
      "windowDays": 30,
      "start": {
        "id": "2a37cfec-5ab5-4fcd-b3e0-a72b0501b58e:coingecko:defituna:1789689600000",
        "at": "2026-09-18T00:00:00.000Z",
        "value": 807209.0371825714
      },
      "end": {
        "id": "ccd4247e-2e4f-4bb6-9d14-0cf345583e2b",
        "at": "2026-10-18T03:39:50.000Z",
        "value": 638982
      },
      "percent": -20.840579011570508,
      "definition": "(end - start) / abs(start) * 100 over 30 days"
    }
  },
  "calculation": {
    "activityChangePercent": -88.91997317383627,
    "marketCapChangePercent": -20.840579011570508
  },
  "evaluatedAt": "2026-10-18T04:35:46.584Z"
}

improving tokenholder value capture · included · signal

The holders-revenue share improved beyond the configured threshold

Limits: Provider methodology determines what qualifies as holders revenue

Inputs and calculation
{
  "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": "2026-10-18T04:35:46.584Z"
}

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": 638982,
    "latestRevenue": 309.97,
    "peerMedian": 35.165599059746924
  },
  "calculation": {
    "annualizedRevenueMultiple": 5.647758223177585,
    "peerMultipleRatio": 0.16060463561510646
  },
  "evaluatedAt": "2026-10-18T04:35:46.584Z"
}

fundamental deterioration · included · signal

At least one available fundamental deteriorated beyond the configured threshold

Inputs and calculation
{
  "inputs": {
    "fees": {
      "status": "calculated",
      "windowDays": 30,
      "start": {
        "id": "4b4382a3-87e8-4d77-9ce7-f5b4fbc78ca0:6760:fees:1789689600+5ad89483-5242-4f74-bf5c-6bfe97a31e46:5907:fees:1789689600",
        "at": "2026-09-18T00:00:00.000Z",
        "value": 1140
      },
      "end": {
        "id": "ea9bc80d-ba5e-4ad0-98fd-0db73fa06c1a:10276+ea9bc80d-ba5e-4ad0-98fd-0db73fa06c1a:9308",
        "at": "2026-10-18T04:35:58.074Z",
        "value": 374
      },
      "percent": -67.19298245614034,
      "definition": "(end - start) / abs(start) * 100 over 30 days"
    },
    "revenue": {
      "status": "calculated",
      "windowDays": 30,
      "start": {
        "id": "4b4382a3-87e8-4d77-9ce7-f5b4fbc78ca0:6760:revenue:1789689600+5ad89483-5242-4f74-bf5c-6bfe97a31e46:5907:revenue:1789689600",
        "at": "2026-09-18T00:00:00.000Z",
        "value": 599
      },
      "end": {
        "id": "ea9bc80d-ba5e-4ad0-98fd-0db73fa06c1a:16929+ea9bc80d-ba5e-4ad0-98fd-0db73fa06c1a:17818",
        "at": "2026-10-18T04:36:00.033Z",
        "value": 309.97
      },
      "percent": -48.25208681135225,
      "definition": "(end - start) / abs(start) * 100 over 30 days"
    },
    "tvl": {
      "status": "calculated",
      "windowDays": 30,
      "start": {
        "id": "2a37cfec-5ab5-4fcd-b3e0-a72b0501b58e:6653:tvl:1789689600+4b4382a3-87e8-4d77-9ce7-f5b4fbc78ca0:6760:tvl:1789689600+5ad89483-5242-4f74-bf5c-6bfe97a31e46:5907:tvl:1789689600",
        "at": "2026-09-18T00:00:00.000Z",
        "value": 2491107
      },
      "end": {
        "id": "ea9bc80d-ba5e-4ad0-98fd-0db73fa06c1a:1363+ea9bc80d-ba5e-4ad0-98fd-0db73fa06c1a:1381+ea9bc80d-ba5e-4ad0-98fd-0db73fa06c1a:1391",
        "at": "2026-10-18T04:35:46.584Z",
        "value": 2531688.106430654
      },
      "percent": 1.6290390750238328,
      "definition": "(end - start) / abs(start) * 100 over 30 days"
    }
  },
  "calculation": {
    "worstChangePercent": -67.19298245614034
  },
  "evaluatedAt": "2026-10-18T04:35:46.584Z"
}

high dilution · included · signal

Total supply is high relative to circulating supply

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

Inputs and calculation
{
  "inputs": {
    "circulatingSupply": 281500000,
    "totalSupply": 1000000000
  },
  "calculation": {
    "totalToCirculatingRatio": 3.552397868561279
  },
  "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:defituna",
    "kind": "sector",
    "value": "decentralized_exchanges",
    "status": "classified",
    "reason": "Canonical mapping from DeFiLlama category Dexs",
    "sourceProvider": "defillama",
    "sourceRecord": "5907",
    "observedAt": "2026-10-18T04:35:46.584Z"
  },
  {
    "assetId": "coingecko:defituna",
    "kind": "sector",
    "value": "lending_borrowing",
    "status": "classified",
    "reason": "Canonical mapping from DeFiLlama category Lending",
    "sourceProvider": "defillama",
    "sourceRecord": "6653",
    "observedAt": "2026-10-18T04:35:46.584Z"
  },
  {
    "assetId": "coingecko:defituna",
    "kind": "sector",
    "value": "other",
    "status": "classified",
    "reason": "Canonical mapping from DeFiLlama category Liquidity Manager",
    "sourceProvider": "defillama",
    "sourceRecord": "6760",
    "observedAt": "2026-10-18T04:35:46.584Z"
  },
  {
    "assetId": "coingecko:defituna",
    "kind": "asset_type",
    "value": "protocol_token",
    "status": "classified",
    "reason": "Canonical type mapping from DeFiLlama category Dexs",
    "sourceProvider": "defillama",
    "sourceRecord": "5907",
    "observedAt": "2026-10-18T04:35:46.584Z"
  }
]
Identity relationships
[
  {
    "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": "6653",
    "protocolSlug": "defituna-lending",
    "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"
  }
]
Research statuses
[
  {
    "assetId": "coingecko:defituna",
    "observedAt": "2026-10-18T04:35:46.584Z",
    "status": "analyzable",
    "method": "global",
    "reason": "At least one deterministic screening method is eligible"
  },
  {
    "assetId": "coingecko:defituna",
    "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": "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",
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  {
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  {
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