CRYPTO MARKET INTELLIGENCE / ASSET DOSSIER

Spartan Protocol.

sparta · coingecko:spartan-protocol-token

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$0.000265

Market cap$19,853.84

Active signals0

Total / circulating1.32×

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

Metric	Period	Value	Observed
dex volume	24h	$0.28	2026-10-18T04:36:13.503Z
dex volume	30d	$1,145.75	2026-10-18T04:36:13.503Z
dex volume	7d	$130.28	2026-10-18T04:36:13.503Z
tvl	point in time	$4,095.97	2026-10-18T04:35:46.584Z

Historical changes

Metric	Window	Change	Boundary
dex volume usd:24h	7d	-99.40%	2026-10-11T04:49:37.444Z → 2026-10-18T04:36:13.503Z
dex volume usd:30d	7d	-38.28%	2026-10-11T04:49:37.444Z → 2026-10-18T04:36:13.503Z
dex volume usd:7d	7d	-36.62%	2026-10-11T04:49:37.444Z → 2026-10-18T04:36:13.503Z
market cap usd:point in time	7d	-6.27%	2026-10-11T03:44:00.000Z → 2026-10-18T04:20:53.000Z
tvl usd:point in time	7d	-52.58%	2026-10-11T04:49:10.103Z → 2026-10-18T04:35:46.584Z

Market snapshot

Circulating supply: 74.78M
Total supply: 99.02M
Max supply: 300M
Provider updated: 2026-10-18T04:20:53.000Z

Evidence coverage

Verified/provider links: 1
Stored fundamental observations: 15
Calculated history rows: 5
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 observations · 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 · excluded · no signal

Missing revenue, market capitalization, or a peer-group median

Limits: Peer groups require a shared canonical sector and at least three eligible assets

Inputs and calculation

{
  "inputs": {},
  "calculation": null,
  "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": 74782755.88148826,
    "totalSupply": 99021692
  },
  "calculation": {
    "totalToCirculatingRatio": 1.3241246706249274
  },
  "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:spartan-protocol-token",
    "kind": "sector",
    "value": "decentralized_exchanges",
    "status": "classified",
    "reason": "Canonical mapping from DeFiLlama category Dexs",
    "sourceProvider": "defillama",
    "sourceRecord": "1246",
    "observedAt": "2026-10-18T04:35:46.584Z"
  },
  {
    "assetId": "coingecko:spartan-protocol-token",
    "kind": "asset_type",
    "value": "protocol_token",
    "status": "classified",
    "reason": "Canonical type mapping from DeFiLlama category Dexs",
    "sourceProvider": "defillama",
    "sourceRecord": "1246",
    "observedAt": "2026-10-18T04:35:46.584Z"
  }
]

Identity relationships

[
  {
    "assetId": "coingecko:spartan-protocol-token",
    "protocolId": "1246",
    "protocolSlug": "spartan",
    "method": "gecko_id_and_chain_contract",
    "evidence": "DeFiLlama gecko_id=spartan-protocol-token; DeFiLlama address=bsc:0x3910db0600ea925f63c36ddb1351ab6e2c6eb102; CoinGecko platforms.binance-smart-chain=0x3910db0600ea925f63c36ddb1351ab6e2c6eb102",
    "status": "verified_provider_relationship"
  }
]

Research statuses

[
  {
    "assetId": "coingecko:spartan-protocol-token",
    "observedAt": "2026-10-18T04:35:46.584Z",
    "status": "analyzable",
    "method": "global",
    "reason": "At least one deterministic screening method is eligible"
  },
  {
    "assetId": "coingecko:spartan-protocol-token",
    "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:spartan-protocol-token",
    "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:spartan-protocol-token",
    "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:spartan-protocol-token",
    "observedAt": "2026-10-18T04:35:46.584Z",
    "status": "excluded_from_method",
    "method": "improving_tokenholder_value_capture",
    "reason": "No observations"
  },
  {
    "assetId": "coingecko:spartan-protocol-token",
    "observedAt": "2026-10-18T04:35:46.584Z",
    "status": "excluded_from_method",
    "method": "peer_valuation_difference",
    "reason": "Missing revenue, market capitalization, or a peer-group median"
  },
  {
    "assetId": "coingecko:spartan-protocol-token",
    "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-b174-122aa3718807:3634",
    "protocolId": "1246",
    "metric": "tvl_usd",
    "period": "point_in_time",
    "observedAt": "2026-09-22T21:51:30.762Z",
    "value": 9350.691681302089,
    "unit": "USD",
    "definition": "DeFiLlama protocol TVL at collection time",
    "sourceUrl": "https://api.llama.fi/protocols",
    "methodology": null
  },
  {
    "id": "643a86d5-0f73-414c-92e0-793343ff7d6c:3647",
    "protocolId": "1246",
    "metric": "tvl_usd",
    "period": "point_in_time",
    "observedAt": "2026-09-24T00:45:17.400Z",
    "value": 8844.893750723724,
    "unit": "USD",
    "definition": "DeFiLlama protocol TVL at collection time",
    "sourceUrl": "https://api.llama.fi/protocols",
    "methodology": null
  },
  {
    "id": "c9ebdfa7-8140-48de-9184-9cab30c2f5a7:3652",
    "protocolId": "1246",
    "metric": "tvl_usd",
    "period": "point_in_time",
    "observedAt": "2026-09-28T02:01:00.253Z",
    "value": 9201.88949611708,
    "unit": "USD",
    "definition": "DeFiLlama protocol TVL at collection time",
    "sourceUrl": "https://api.llama.fi/protocols",
    "methodology": null
  },
  {
    "id": "a37eade5-b5bd-4300-8bbc-62904da0a3f6:3658",
    "protocolId": "1246",
    "metric": "tvl_usd",
    "period": "point_in_time",
    "observedAt": "2026-10-06T16:53:29.731Z",
    "value": 9016.111983895786,
    "unit": "USD",
    "definition": "DeFiLlama protocol TVL at collection time",
    "sourceUrl": "https://api.llama.fi/protocols",
    "methodology": null
  },
  {
    "id": "a37eade5-b5bd-4300-8bbc-62904da0a3f6:24618",
    "protocolId": "1246",
    "metric": "dex_volume_usd",
    "period": "24h",
    "observedAt": "2026-10-06T16:53:44.914Z",
    "value": 2.33,
    "unit": "USD",
    "definition": "Sum of the SPARTA side of every pool swap, valued in USD at the subgraph SPARTA price (average of the SPARTA/USDT, SPARTA/USDC and SPARTA/BUSD pools holding over 100k SPARTA). All pools are paired with SPARTA, so a token-to-token trade swaps through two pools and is counted in both.",
    "sourceUrl": "https://api.llama.fi/overview/dexs?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true",
    "methodology": {
      "UserFees": "Swap fees paid by users",
      "Fees": "Swap fees paid by users",
      "Revenue": "Percentage of swap fees going to treasury and/or token holders",
      "ProtocolRevenue": "Percentage of swap fees going to treasury",
      "HoldersRevenue": "Money going to governance token holders",
      "SupplySideRevenue": "Liquidity providers revenue",
      "Volume": "Sum of the SPARTA side of every pool swap, valued in USD at the subgraph SPARTA price (average of the SPARTA/USDT, SPARTA/USDC and SPARTA/BUSD pools holding over 100k SPARTA). All pools are paired with SPARTA, so a token-to-token trade swaps through two pools and is counted in both."
    }
  },
  {
    "id": "a37eade5-b5bd-4300-8bbc-62904da0a3f6:24619",
    "protocolId": "1246",
    "metric": "dex_volume_usd",
    "period": "7d",
    "observedAt": "2026-10-06T16:53:44.914Z",
    "value": 202.64999999999998,
    "unit": "USD",
    "definition": "Sum of the SPARTA side of every pool swap, valued in USD at the subgraph SPARTA price (average of the SPARTA/USDT, SPARTA/USDC and SPARTA/BUSD pools holding over 100k SPARTA). All pools are paired with SPARTA, so a token-to-token trade swaps through two pools and is counted in both.",
    "sourceUrl": "https://api.llama.fi/overview/dexs?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true",
    "methodology": {
      "UserFees": "Swap fees paid by users",
      "Fees": "Swap fees paid by users",
      "Revenue": "Percentage of swap fees going to treasury and/or token holders",
      "ProtocolRevenue": "Percentage of swap fees going to treasury",
      "HoldersRevenue": "Money going to governance token holders",
      "SupplySideRevenue": "Liquidity providers revenue",
      "Volume": "Sum of the SPARTA side of every pool swap, valued in USD at the subgraph SPARTA price (average of the SPARTA/USDT, SPARTA/USDC and SPARTA/BUSD pools holding over 100k SPARTA). All pools are paired with SPARTA, so a token-to-token trade swaps through two pools and is counted in both."
    }
  },
  {
    "id": "a37eade5-b5bd-4300-8bbc-62904da0a3f6:24620",
    "protocolId": "1246",
    "metric": "dex_volume_usd",
    "period": "30d",
    "observedAt": "2026-10-06T16:53:44.914Z",
    "value": 4065.4900000000002,
    "unit": "USD",
    "definition": "Sum of the SPARTA side of every pool swap, valued in USD at the subgraph SPARTA price (average of the SPARTA/USDT, SPARTA/USDC and SPARTA/BUSD pools holding over 100k SPARTA). All pools are paired with SPARTA, so a token-to-token trade swaps through two pools and is counted in both.",
    "sourceUrl": "https://api.llama.fi/overview/dexs?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true",
    "methodology": {
      "UserFees": "Swap fees paid by users",
      "Fees": "Swap fees paid by users",
      "Revenue": "Percentage of swap fees going to treasury and/or token holders",
      "ProtocolRevenue": "Percentage of swap fees going to treasury",
      "HoldersRevenue": "Money going to governance token holders",
      "SupplySideRevenue": "Liquidity providers revenue",
      "Volume": "Sum of the SPARTA side of every pool swap, valued in USD at the subgraph SPARTA price (average of the SPARTA/USDT, SPARTA/USDC and SPARTA/BUSD pools holding over 100k SPARTA). All pools are paired with SPARTA, so a token-to-token trade swaps through two pools and is counted in both."
    }
  },
  {
    "id": "5fde7da8-3c37-4879-8995-06f079ce2348:3675",
    "protocolId": "1246",
    "metric": "tvl_usd",
    "period": "point_in_time",
    "observedAt": "2026-10-11T04:49:10.103Z",
    "value": 8637.585877010462,
    "unit": "USD",
    "definition": "DeFiLlama protocol TVL at collection time",
    "sourceUrl": "https://api.llama.fi/protocols",
    "methodology": null
  },
  {
    "id": "5fde7da8-3c37-4879-8995-06f079ce2348:25638",
    "protocolId": "1246",
    "metric": "dex_volume_usd",
    "period": "24h",
    "observedAt": "2026-10-11T04:49:37.444Z",
    "value": 47,
    "unit": "USD",
    "definition": "Sum of the SPARTA side of every pool swap, valued in USD at the subgraph SPARTA price (average of the SPARTA/USDT, SPARTA/USDC and SPARTA/BUSD pools holding over 100k SPARTA). All pools are paired with SPARTA, so a token-to-token trade swaps through two pools and is counted in both.",
    "sourceUrl": "https://api.llama.fi/overview/dexs?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true",
    "methodology": {
      "UserFees": "Swap fees paid by users",
      "Fees": "Swap fees paid by users",
      "Revenue": "Percentage of swap fees going to treasury and/or token holders",
      "ProtocolRevenue": "Percentage of swap fees going to treasury",
      "HoldersRevenue": "Money going to governance token holders",
      "SupplySideRevenue": "Liquidity providers revenue",
      "Volume": "Sum of the SPARTA side of every pool swap, valued in USD at the subgraph SPARTA price (average of the SPARTA/USDT, SPARTA/USDC and SPARTA/BUSD pools holding over 100k SPARTA). All pools are paired with SPARTA, so a token-to-token trade swaps through two pools and is counted in both."
    }
  },
  {
    "id": "5fde7da8-3c37-4879-8995-06f079ce2348:25639",
    "protocolId": "1246",
    "metric": "dex_volume_usd",
    "period": "7d",
    "observedAt": "2026-10-11T04:49:37.444Z",
    "value": 205.57,
    "unit": "USD",
    "definition": "Sum of the SPARTA side of every pool swap, valued in USD at the subgraph SPARTA price (average of the SPARTA/USDT, SPARTA/USDC and SPARTA/BUSD pools holding over 100k SPARTA). All pools are paired with SPARTA, so a token-to-token trade swaps through two pools and is counted in both.",
    "sourceUrl": "https://api.llama.fi/overview/dexs?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true",
    "methodology": {
      "UserFees": "Swap fees paid by users",
      "Fees": "Swap fees paid by users",
      "Revenue": "Percentage of swap fees going to treasury and/or token holders",
      "ProtocolRevenue": "Percentage of swap fees going to treasury",
      "HoldersRevenue": "Money going to governance token holders",
      "SupplySideRevenue": "Liquidity providers revenue",
      "Volume": "Sum of the SPARTA side of every pool swap, valued in USD at the subgraph SPARTA price (average of the SPARTA/USDT, SPARTA/USDC and SPARTA/BUSD pools holding over 100k SPARTA). All pools are paired with SPARTA, so a token-to-token trade swaps through two pools and is counted in both."
    }
  },
  {
    "id": "5fde7da8-3c37-4879-8995-06f079ce2348:25640",
    "protocolId": "1246",
    "metric": "dex_volume_usd",
    "period": "30d",
    "observedAt": "2026-10-11T04:49:37.444Z",
    "value": 1856.47,
    "unit": "USD",
    "definition": "Sum of the SPARTA side of every pool swap, valued in USD at the subgraph SPARTA price (average of the SPARTA/USDT, SPARTA/USDC and SPARTA/BUSD pools holding over 100k SPARTA). All pools are paired with SPARTA, so a token-to-token trade swaps through two pools and is counted in both.",
    "sourceUrl": "https://api.llama.fi/overview/dexs?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true",
    "methodology": {
      "UserFees": "Swap fees paid by users",
      "Fees": "Swap fees paid by users",
      "Revenue": "Percentage of swap fees going to treasury and/or token holders",
      "ProtocolRevenue": "Percentage of swap fees going to treasury",
      "HoldersRevenue": "Money going to governance token holders",
      "SupplySideRevenue": "Liquidity providers revenue",
      "Volume": "Sum of the SPARTA side of every pool swap, valued in USD at the subgraph SPARTA price (average of the SPARTA/USDT, SPARTA/USDC and SPARTA/BUSD pools holding over 100k SPARTA). All pools are paired with SPARTA, so a token-to-token trade swaps through two pools and is counted in both."
    }
  },
  {
    "id": "ea9bc80d-ba5e-4ad0-98fd-0db73fa06c1a:3829",
    "protocolId": "1246",
    "metric": "tvl_usd",
    "period": "point_in_time",
    "observedAt": "2026-10-18T04:35:46.584Z",
    "value": 4095.9660218728195,
    "unit": "USD",
    "definition": "DeFiLlama protocol TVL at collection time",
    "sourceUrl": "https://api.llama.fi/protocols",
    "methodology": null
  },
  {
    "id": "ea9bc80d-ba5e-4ad0-98fd-0db73fa06c1a:25118",
    "protocolId": "1246",
    "metric": "dex_volume_usd",
    "period": "24h",
    "observedAt": "2026-10-18T04:36:13.503Z",
    "value": 0.28,
    "unit": "USD",
    "definition": "Sum of the SPARTA side of every pool swap, valued in USD at the subgraph SPARTA price (average of the SPARTA/USDT, SPARTA/USDC and SPARTA/BUSD pools holding over 100k SPARTA). All pools are paired with SPARTA, so a token-to-token trade swaps through two pools and is counted in both.",
    "sourceUrl": "https://api.llama.fi/overview/dexs?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true",
    "methodology": {
      "UserFees": "Swap fees paid by users",
      "Fees": "Swap fees paid by users",
      "Revenue": "Percentage of swap fees going to treasury and/or token holders",
      "ProtocolRevenue": "Percentage of swap fees going to treasury",
      "HoldersRevenue": "Money going to governance token holders",
      "SupplySideRevenue": "Liquidity providers revenue",
      "Volume": "Sum of the SPARTA side of every pool swap, valued in USD at the subgraph SPARTA price (average of the SPARTA/USDT, SPARTA/USDC and SPARTA/BUSD pools holding over 100k SPARTA). All pools are paired with SPARTA, so a token-to-token trade swaps through two pools and is counted in both."
    }
  },
  {
    "id": "ea9bc80d-ba5e-4ad0-98fd-0db73fa06c1a:25119",
    "protocolId": "1246",
    "metric": "dex_volume_usd",
    "period": "7d",
    "observedAt": "2026-10-18T04:36:13.503Z",
    "value": 130.28,
    "unit": "USD",
    "definition": "Sum of the SPARTA side of every pool swap, valued in USD at the subgraph SPARTA price (average of the SPARTA/USDT, SPARTA/USDC and SPARTA/BUSD pools holding over 100k SPARTA). All pools are paired with SPARTA, so a token-to-token trade swaps through two pools and is counted in both.",
    "sourceUrl": "https://api.llama.fi/overview/dexs?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true",
    "methodology": {
      "UserFees": "Swap fees paid by users",
      "Fees": "Swap fees paid by users",
      "Revenue": "Percentage of swap fees going to treasury and/or token holders",
      "ProtocolRevenue": "Percentage of swap fees going to treasury",
      "HoldersRevenue": "Money going to governance token holders",
      "SupplySideRevenue": "Liquidity providers revenue",
      "Volume": "Sum of the SPARTA side of every pool swap, valued in USD at the subgraph SPARTA price (average of the SPARTA/USDT, SPARTA/USDC and SPARTA/BUSD pools holding over 100k SPARTA). All pools are paired with SPARTA, so a token-to-token trade swaps through two pools and is counted in both."
    }
  },
  {
    "id": "ea9bc80d-ba5e-4ad0-98fd-0db73fa06c1a:25120",
    "protocolId": "1246",
    "metric": "dex_volume_usd",
    "period": "30d",
    "observedAt": "2026-10-18T04:36:13.503Z",
    "value": 1145.7499999999998,
    "unit": "USD",
    "definition": "Sum of the SPARTA side of every pool swap, valued in USD at the subgraph SPARTA price (average of the SPARTA/USDT, SPARTA/USDC and SPARTA/BUSD pools holding over 100k SPARTA). All pools are paired with SPARTA, so a token-to-token trade swaps through two pools and is counted in both.",
    "sourceUrl": "https://api.llama.fi/overview/dexs?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true",
    "methodology": {
      "UserFees": "Swap fees paid by users",
      "Fees": "Swap fees paid by users",
      "Revenue": "Percentage of swap fees going to treasury and/or token holders",
      "ProtocolRevenue": "Percentage of swap fees going to treasury",
      "HoldersRevenue": "Money going to governance token holders",
      "SupplySideRevenue": "Liquidity providers revenue",
      "Volume": "Sum of the SPARTA side of every pool swap, valued in USD at the subgraph SPARTA price (average of the SPARTA/USDT, SPARTA/USDC and SPARTA/BUSD pools holding over 100k SPARTA). All pools are paired with SPARTA, so a token-to-token trade swaps through two pools and is counted in both."
    }
  }
]