@jakejfried
m.
mindofirus
overview/readme.md/system/analysis
market cap ·holders

a structural analysis of the mindofirus tokenomics

The token's structure resolves into four observable forces: supply distribution, holder concentration, price elasticity, and liquidity depth. Each is recoverable from the public chain, and each tells a partial story. Read together, they outline the pressures a token is subject to before any narrative is applied to it.

Supply distribution is the slowest of the four. New wallets appear, old wallets consolidate, and the curve of holder count tends to flatten as a token matures. Sharp inflections in this curve almost always correspond to off-chain events — a listing, a campaign, a coordinated buy — even when no such event is publicly acknowledged.

Holder concentration measures the share of supply controlled by the top wallets. A token where the top ten addresses hold more than half of supply is structurally fragile, regardless of price. The chain does not punish concentration. It simply records it, and waits.

Price elasticity is the response of price to a unit of volume. In thin markets, a small trade moves the print substantially; in deep markets, it does not. The ratio of intraday volume to intraday range is a crude but durable proxy for this, and it is the single number that most reliably distinguishes a tradeable market from a memorial one.

Liquidity depth, finally, is the sum of resting bids and offers within a defined band of the current price. It is not the same as volume. Volume is what happened; depth is what could happen. A token can post heavy volume on shallow depth and remain, by any meaningful measure, illiquid. The graphs below reconstruct each of these forces from the last fourteen days of on-chain data.

quantitative readouts

figures · structural reference
supply state · circulating against total
circ 743.00M of 1.00B · 74.3% emitted
the asymptotic curve represents the conceptual shape of supply emission against a fixed maximum. the vertical marker plots the token's current position on that curve — the percentage of total supply that has entered circulation relative to the protocol's hard ceiling.
circulating: 743.00M
total: 1.00B
emitted: 74.3%
remaining: 25.7%
price action with volume profile · 24h
σ 1.07% · vol $18.34K · range $0.001059–$0.001297
15-minute candles overlaid with a 20-period EMA, ±2σ price bands, the volume-weighted average price for the session, and shaded windows marking the three highest-volatility intervals of the day.
liquidity depth · all venues
total locked $9.85M across 8 pools
raydium · usdc
liq $2.8M · vol $1.9M · turn 67.6%
orca · sol
liq $2.0M · vol $2.3M · turn 119.4%
meteora · usdc
liq $1.4M · vol $860.0K · turn 60.6%
raydium · sol
liq $1.2M · vol $720.0K · turn 61.0%
orca · usdc
liq $940.0K · vol $1.1M · turn 119.1%
lifinity · sol
liq $680.0K · vol $210.0K · turn 30.9%
meteora · sol
liq $520.0K · vol $480.0K · turn 92.3%
phoenix · usdc
liq $310.0K · vol $95.0K · turn 30.6%
the eight largest pools by standing liquidity. bar length is dollar liquidity locked; the diamond marker shows turnover, the ratio of one-day volume to standing depth. high turnover indicates capital being recycled aggressively through the pool; low turnover indicates idle depth that supports price stability without contributing to discovery.
volatility regime · 14d rolling
realized σ 2.34% · regime: elevated
each bar shows the high-to-low return range of a single day; bar color reports whether the day closed up or down. the blue line is rolling 24-hour realized volatility, sampled daily, and the colored bands behind everything classify the volatility regime: tranquil, normal, elevated, or violent. purple dots mark the mean absolute return per day — the typical-hour movement, stripped of direction.
peak day: d9 (+10.57%)
quietest day: d10 (+1.47%)
mean daily range: 8.10%
regime: elevated
turnover vs liquidity · capital efficiency
efficiency score 43.98 · median turnover 67.6%
each point is a pool. its horizontal position is dollar liquidity locked, plotted logarithmically; its vertical position is turnover — the share of standing depth that traded through the pool in the past day. point size scales with absolute liquidity, point color encodes the venue. the diagonal contour traces equal capital efficiency; pools above it are pulling more volume per dollar of depth than the dataset's median, pools below are sitting idle.
most efficient: orca · sol (score 75.12)
deepest: raydium · usdc ($2.8M)
most active: orca · sol (119.4% turnover)
@jakejfried