{
 "generated_at": "2026-10-26T00:30:43.372222+00:00",
 "rules_version": "2026.09.v1",
 "date": "2026-10-26",
 "flywheel": {
  "revenue_24h": 2022702,
  "revenue_7d": 15358667,
  "revenue_30d": 64465143,
  "revenue_annualized": 773581716,
  "buyback_yield_pct": 4.54,
  "state": "mid",
  "rule": "回购收益率 = 30 日收入 × 12 ÷ 市值;> 5% 厚 · 2–5% 中 · < 2% 薄",
  "buyback_30d_hype": 840813,
  "buyback_daily_hype": 26382,
  "af_hype": 48261214,
  "af_pct_circulating": 21.7,
  "af_avg_cost": 28.71,
  "af_delta_since_last": 13631,
  "trend_30d_pct": -16.4,
  "trend_state": "flat",
  "trend_rule": "30 日收入 vs 前 30 日,±20% 为阈值"
 },
 "unlock": {
  "monthly_unlock_hype": 9920000,
  "unlock_30d_hype": 9776610,
  "in_window": true,
  "unlock_start": "2025-11-29",
  "unlock_months": 24,
  "absorb_ratio": 0.09,
  "state": "net_sell",
  "rule": "30 日回购量(收入 ÷ 现价)÷ 30 日解锁量 > 1 = 净吸收,< 1 = 净抛压",
  "asof": "2026-09-19",
  "source": "核心贡献者 23.8% = 2.38 亿枚,自 2024-11-29 锁一年,2025-11-29 起线性归属;24 个月 ≈ 992 万枚/月是 tokenomist.ai / defillama.com/unlocks 的第三方估算,官方文档只说大部分在 2027–2028 归属",
  "note": "手工常量,季度核一次。回购/解锁比用它做分母;线性假设不成立时这一项按估算读。"
 },
 "valuation": {
  "price": 76.67,
  "change_24h_pct": -0.03,
  "market_cap": 17057650503,
  "fdv": 73255150596,
  "circulating": 222445714.07414138,
  "total_supply": 955307079.4341414,
  "max_supply": 1000000000.0,
  "mcap_to_revenue": 22.1,
  "fdv_to_revenue": 94.7
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 "activity": {
  "volume_24h_usd": 3129150379,
  "open_interest_usd": 11097688729,
  "markets": 234
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