Sophon

This section analyzes who holds actual control over the circulating supply year over year, with a focus on early stages where governance risk is highest. It assesses whether the governance power is centralized or decentralized, and flags any dominance by insiders or investors.

Here we track the timing and size of every supply shock, we flag high, mid, and low risk supply shocks, we showcase the exact date of the largest dilution event, and enable a heatmap visualization.

This section assesses whether the TGE float is appropriately sized, what dilution it introduces, and how it compares to best performing projects. The float is also known as circulating supply and just because tokens are unlocked does not mean they enter circulation.