Analysis, takes, and signals from the ownership coin frontier

Coverage Map
TRACKED: Deep Data Full onchain analysis.
WATCHLIST: Qualitative Monitoring Observation and context only. No structured onchain data.
OTHERS: Spotlight Coverage Ownership coin applications and non-futarchy governance mechanisms.
In This Issue


01

The Big Picture

May was a distribution milestone for the ownership coin category. $META was listed on Coinbase and KuCoin, the first tier one exchange listings for an ownership coin. For most tokens, an exchange listing is a liquidity event. For $META it is something more, it's an opportunity to onramp a mainstream audience into a new class of assets where token holder protections and ownership rights are real.

The broader ecosystem had one of its more active months on the product side. Avici crossed $20M in cumulative card spend. Loyal doubled weekly active extension users. Omnipair crossed $1M in trading volume. Jurassic Finance closed the largest ICO on Futardio to date with $15.2M in committed demand against a $200K cap. The momentum is real, but the missing piece is that most of it is being communicated through community announcements without structured reporting. It is hard to benchmark progress or compare projects when the reporting surface is inconsistent.

That gap is what this month's Call is about. More distribution brings more outside capital and scrutiny. If the ecosystem wants to convert that attention into lasting investment, financial legibility has to become the standard, not the exception.

"If the ecosystem wants to convert that attention into lasting investment, financial legibility has to become the standard, not the exception."

MetaDAO · Tracked Data · May 1–31 2026
Total Treasury Value
$31M
12 Ownership Coins
Decision Market Volume
$80K
▼ 97.2% vs Apr
Proposals Resolved
5
5 passed · 0 failed
Source: onchain data, MetaDAO. Derived from 01Resolved.com

02

The Call

This Month's Argument

Transparency is not the same as legibility, and most onchain organizations only offer the former. If the market is expected to price and govern ownership coins, it needs a financial record it can actually read.

The Market Cannot Price What It Cannot Read

Every onchain organization claims transparency. But transparency is a weaker standard than legibility.

A block explorer can prove a transfer happened but it can't explain what it was for. A dashboard can show activity but it doesn't necessarily explain the financial reality of the organization behind it.

This matters because ownership coins aren't just projects with public wallets, they're market governed organizations. If the market is expected to price, fund, and oversee them, then the market needs financial legibility - the ability for an outsider to understand the project as a financial entity.

In this month's call we will argue why financial legibility is the missing layer for ownership coins, what the minimum reporting surface looks like, and why this category can actually produce a better financial record than public markets are structurally able to.

Why Illegibility Is Expensive

Public companies report on a quarterly delay against books no outsider can verify. Ownership coins don't have to copy that model. There's reporting native to the category and it can exceed what public companies are capable of. 

When a project is financially illegible, uncertainty gets priced in. Investors who have a hard time understanding a project discount the token. Then the teams who issue the token often think of that discount as a market problem but in many cases it's a reporting problem.

Illegibility also weakens the promise of decision markets. The premise of ownership coins is that markets can make better decisions than committees, but if the market doesn't have a financial baseline, proposals trade on vibes. Anything with real financial implications gets debated without a shared understanding of the financial impact.

Then there is reconstruction and fire drill work. Deferred books don't disappear, they become a large cleanup project at a later date. Cleanup usually arrives at the worst possible moments such as before a fundraise, around a hard proposal, or when a project suddenly needs to defend itself (like during a community controversy). Rebuilding months of financial history under pressure costs more, produces worse data, and pulls the team away from building the core product and selling to customers.

There is also a trust cost. When something goes wrong, a legible project can point to its record and let people judge for themselves. An illegible project has to be explained from scratch. Even when the issue is only disorganization, a lack of reporting can be interpreted as "they must be hiding something."

What Mature DAOs Already Do

The more mature DAO ecosystems already have a good reporting baseline. However, even these projects fall short on key pieces of the financial legibility picture, but they've set a reasonably high bar. 

Arbitrum, Sky (MakerDAO), Gnosis and ENS publish financial reporting packages.

The common thread between all these mature DAOs is that they treat finance as an operating function and not an occasional exercise. 

What's Missing

The missing piece across the projects we’ve looked at is the organizational surface. Financial statements and structured key metrics are still rare. NAV, revenue, expense, and financial summaries are inconsistent or absent. Account registries are listed in docs or shared as one-offs in Telegram chats. Governance to spend linkage is rarely maintained as a record.

The result is that projects are wallet visible but business illegible, but this is fixable.

The Reporting Surface

The solution for being illegible is a maintained financial record. Projects should be able to publish five things on a recurring basis:

  • A wallet and entity registry
  • A treasury/NAV view with explicit native token treatment
  • A classified transaction history rolled up into a summary
  • Governance approved spend linkage
  • A monthly and quarterly statement package

That's the minimum surface area for financial legibility and investors, project teams, and markets all benefit from it.

Comparison To Public Markets

We believe ownership coins as a category can produce a more verifiable financial record than public markets are structurally able to.

A public company financials are a quarterly snapshot, filed on a delay and attested by an auditor. An ownership coin starts from an opposite position. The ledger is already public, transactions trace back to hashes, the record can be verified by anyone and reporting can be continuous rather than quarterly. 

The same reporting that gives outsiders legibility also helps insiders run a better business. Regularly updated books sharpen proposals and decision markets. A more clear view of treasury health improves capital allocation. Recurring statements reduce investor diligence friction. This is a key area where what investors want and what disciplined teams do overlap.

Final Thoughts

This is the work we have been building towards at 01Resolved. We came to it as founders, investors, and finance operators. Our team has witnessed from different angles what it costs a project to be illegible.

If you run an ownership coin, OpenBooks is how we can help you get there by helping you produce a maintained financial record that you and your investors can both read.

Ownership coins shouldn't wait to become legible, OpenBooks can become part of the standard operating stack.

View OpenBooks

03

Tracked: MetaDAO Ecosystem

MetaDAO · Protocol News

Product updates and headlines from the MetaDAO ecosystem.

0:00
/0:18

MetaDAO 

MetaDAO spent May extending distribution not only for META, but for the entire ownership coin ecosystem.

MetaDAO: Overview | Financials | Decision Markets

Avici

Avici spend metrics reached new highs in May, while they shipped a number of new product enhancements. 

Avici: Overview | Financials | Decision Markets

0:00
/0:09

Loyal

Loyal turned shielded balances, smart accounts, and policies into a single default experience this month.

Loyal: Overview | Financials | Decision Markets

0:00
/0:06

Omnipair 

Omnipair shipped on multiple fronts in May, with the team explicitly framing the pace as part of closing the execution gap between plan and delivery.

  • Crossed $1M in trading volume, the first major volume milestone since launch.
  • Closed first OTC sales following OMFG-005, with Theia, DBA, and Colosseum acquiring a combined 1.25M $OMFG at $0.28 per token, a 10% premium to spot, raising $350K for the DAO treasury.
  • Shipped liquidation alerts for Telegram, email, and Discord, enabling users to set a health threshold and get notified before positions get liquidated.
  • Launched BASKET-USDC with swap, lend, and margin-trading support, the Solana multi-asset index protocol proposed by founder rakka that lets traders long or short whole categories like ownership coins, LSTs, privacy, DeFi, RWA, or prediction markets.
  • BASKET completed the first oversubscribed Spark raise, hitting its $10K goal in under 24 hours and closing at $21,275 from 55 investors, 212.8% of the minimum and over the $20K hard cap, with allocation split across the ideator slot, pro-rata, and a tier-weighted system rewarding wallets holding $SPARK, $OMFG, $BORG, $ZC, or $META.

Omnipair: Overview | Financials | Decision Markets

Umbra

Umbra expanded privacy into agent execution, while bringing on its first strategic backers and opening a referral path into the upcoming web app.

Umbra: Overview | Financials | Decision Markets

0:00
/0:08

Jurassic Finance

Jurassic Finance had the largest ICO on Futardio to date, drawing eight figures of committed demand against a six figure cap and ending a two month silence on MetaDAO's permissionless launchpad.

  • Closed the $RAWR raise with $15.2M committed from 906 wallets, 7,644% of its $200,000 target, the most in demand ICO the Futardio launchpad has produced since going live in March.
  • Next, Jurassic Finance will be raising for $TRCH1, a tokenized Triceratops head, which is targeted for Q3 2026.
  • Jurassic Finance announced they are onboarding three advisors from the RWA, tokenization, DeFi, and Solana ecosystems, each receiving 1% of Labs drawn entirely from the core team's performance package and subject to the same unlock conditions.

Jurassic Finance: Overview | Financials | Decision Markets

P2P Protocol

P2P had two notable moves in May. It closed its first buyback program and launched a rewards loop that pays users back in LotPot credits for every buy order on the network.

  • Completed the $P2P buyback program on May 7, deploying $500K USDC over 30 days via Jupiter recurring orders to acquire 940.7K $P2P.
  • P2P also launched LotPot rewards with every buy order on the P2P network now earning 2% back as LotPot credits, redeemable for free shots at the $1.14M global jackpot.

P2P Protocol: Overview | Financials | Decision Markets

Solomon 

  • Solomon joined the Global Dollar Network, adding USDG as collateral backing USDv. GDN membership gives Solomon direct access to the counterparty set, exchanges, custodians, and payments firms, that controls where onchain dollars actually move, which matters for distribution.

Solomon: Overview | Financials | Decision Markets

SuperClaw

SuperClaw continues to grow its autonomous trading agent lineup.

SuperClaw: Overview | Financials | Decision Markets

0:00
/0:26

ZINC Cash (ZKLSOL)

ZIN Cash launched $ZINC and deployed its private, proof-of-work mining game, encrypted by Arcium:

ZINC Cash: Overview | Financials | Decision Markets

04

Tracked: MetaDAO Ecosystem

MetaDAO · Resolved Decision Markets

Analysis on this month's resolved proposals. Complete decision market analytics can be found on 01Resolved.com.

UMBRA-003: Align Strategic Investors and Rebalance Liquidity
Umbra on MetaDAO
PASSED
WHAT HAPPENED

Total trade volume was ~$24K across 97 trades with 15 unique wallets. Economically, ~89% of trade volume and ~62% of traders leaned Pass. The proposal passed the TWAP threshold by +11.11%.

View Market Analytics

WHAT IT MEANS

UMBRA-003 approved a 1M $UMBRA strategic OTC allocation and Meteora LP rebalance. After passage, Theia bought 666,666 $UMBRA at $0.45 and @Cryptopathic bought 30,612 $UMBRA at $0.49 as Umbra’s first angel investor. The proposal also restructures the imbalanced LP, sends proceeds to the treasury after pool funding, and burns excess or unsold $UMBRA.

Pass edge (final)
+11%
Repeat Traders
7%
Pass-Aligned Vol.
89%
Unique Traders
15
Conviction
HIGH
OMFG-005: Strategic Raise via OTC Sale at a Premium or Higher
Omnipair on MetaDAO
PASSED
WHAT HAPPENED

Total trade volume was ~$23K across 144 trades with 15 unique wallets. Economically, ~76% of trade volume and ~64% of traders leaned Pass. The proposal passed the TWAP threshold by +14.20%.

View Market Analytics

WHAT IT MEANS

The proposal approved the minting of 1.8M $OMFG for strategic OTC sales, and Omnipair completed its first set of sales shortly after passage. Theia acquired 535,715 $OMFG, DBA acquired 535,715 $OMFG, and Colosseum acquired 178,571 $OMFG, all at $0.28 per token, bringing the completed raise to $350K. The decision market resulted in extending Omnipair’s runway, giving the protocol more capital for liquidity expansion, integrations, security, and continued development ahead of its next growth phase.

Pass edge (final)
+14%
Repeat Traders
27%
Pass-Aligned Vol.
76%
Unique Traders
15
Conviction
HIGH
Hire @vukanox as Lead Content Creator
Futardio Cult on MetaDAO
PASSED
WHAT HAPPENED

Total trade volume was ~$387 from 2 trades. Economically, 100% of trade volume and 100% of traders leaned Pass. The proposal passed the TWAP threshold by +8.08%.

View Market Analytics

WHAT IT MEANS

The proposal approved a 30-day, $2,000 trial to hire @vukanox and his team for social media and graphic design support. The goal is to increase visibility for Futardio Cult as the first meme coin to emerge from the MetaDAO ecosystem.

Pass edge (final)
+8%
Repeat Traders
100%
Pass-Aligned Vol.
100%
Unique Traders
1
Conviction
HIGH
Engage Groom Lake Security Initiative - $360,000 USDC
MetaDAO on MetaDAO
PASSED
WHAT HAPPENED

Total trade volume was ~$31K across 263 trades with 10 unique wallets. Economically, ~61% of trade volume and ~58% of traders leaned Pass. The proposal passed the TWAP threshold by +6.10%.

View Market Analytics

WHAT IT MEANS

The proposal approved a $360,000 USDC, 12-month engagement with Groom Lake for intelligence, security operations, and incident response support. The scope includes founder due diligence for teams raising on MetaDAO, counterparty risk research, OPSEC reviews, infrastructure monitoring, phishing response, and 24/7 incident support. The agreement is priced at $30,000 per month, assessed quarterly, and can be terminated by either party with 30 days’ notice.

Pass edge (final)
+6%
Repeat Traders
80%
Pass-Aligned Vol.
61%
Unique Traders
10
Conviction
HIGH
Restructure Paystream
Paystream on MetaDAO
PASSED
WHAT HAPPENED

Total trade volume was ~$694 across 19 trades with 7 unique wallets. Economically, ~99% of trade volume and ~58% of traders leaned Pass. The proposal passed the TWAP threshold by +0.87%.

View Market Analytics

WHAT IT MEANS

Paystream's monthly cash allowance has been cut from $33,500 to $15,000 and 75% of the liquidity pool is being withdrawn. Up to $166,000 is being used for a Jupiter DCA buyback program, leaving the project with 6 months of runway at the new rate, assuming non-native assets in the LP position are included in total treasury value. To offset the reduced cash, the team will receive 3,000,000 additional PAYS in performance-based compensation.

Pass edge (final)
+0.87%
Repeat Traders
0%
Pass-Aligned Vol.
99.60%
Unique Traders
7
Conviction
Moderate

05

Watchlist: Other Launchpads & Frameworks

Qualitative observation only · No structured data fields
Street
Chain: TBD | Status: Live | street.app

Overview
Street gives startup founders a launchpad to open a market for their company, and a new token standard underneath it called ERC-S. Together they take a different approach from others in the ownership coin space.

Instead of a token representing equity in a company, Street keeps the company's shares in a separate holding company, an SPV, that legally owns them. The token acts as a governance and utility asset alongside the business. It doesn’t represent any legal ownership. If the SPV ever receives money, such as from an acquisition, token holders vote on what happens to it.

An overview of the Street legal and economic structure. 

Launch Mechanics
Founders decide how much of the company to allocate to the SPV. They can commit up to 50% of their equity or start as small as 1%. As shown on the Street website, the amount of ownership corresponds with various levels of “web3 commitment / enablement”.

Street can be used by teams at all different stages; from pre-seed to series A+. It can also be used by founders with an existing token. The Street website mentions that token supply, holders and operations can all stay intact.

There are limited details on the exact sales mechanics for a new deal; including allocation, pricing, etc. These details are likely covered in project-specific deal rooms that investors with Street accounts are able to review ahead of participation. Deals are open to both accredited and unaccredited investors.

For individuals well-connected to founders, Street has a rewarding scout program. Any referral that leads to a successful launch will entitle the scout to a $20,000 payment plus a token allocation.

Why it Matters
The Street pitch is to let a founder open their company's first public market on their own terms, rather than leaving it to form somewhere they don't control, such as Polymarket or Kalshi. On its own that is not a major innovation because plenty of platforms can launch a token with a live price. The difference is what the token is, what happens to it when the company gets acquired or exits, and who Street is positioning for.

From what’s on their website, Street is taking a more founder-friendly approach. Founders don't have to hand control to the market, and Street absorbs the regulatory filings and disclosures itself, claiming both regulatory and institution-readiness.

That combination is aimed at a particular kind of investor. One who wants a more iron-clad structure but also exposure to a project's upside, while still keeping the liquidity of a tradable token.

THIS MONTH

Street teased its next launch at the beginning of May, which is currently an unnamed peptides company. The Street team mentioned it will be "stealth at a fair reasonable price for everyone to be able to participate and without prior unaccredited or public capital raising."

Peptides have become one of the most widely discussed topics in recent months driven by social media narratives, longevity trends and even political debate. The launch of a tokenized peptide startup into the peptide macro backdrop should make for an interesting sale, and one we are sure to follow.

Futarchy.Fi <> Gnosis DAO
Chain: Ethereum | Status: Resolved Governance Decision | forum.gnosis.io

What Happened
GnosisDAO holds a treasury worth about $220M. A community member named Wismerhill, of the “RFV Raiders”, proposed GIP-150. The proposal would let any GNO holder hand back their token and take their fair share of the treasury in cash. Any tokens sent back would be burned. It was estimated that the treasury was worth ~$170 per GNO, while the token was trading at about $130. In other words, the market was pricing GNO well below what the DAO actually held.

The proposal was tested in two ways at once. A binding Snapshot vote would decide whether it actually happened. Alongside it, Futarchy.fi ran an “advisory” decision market asking holders whether the proposal would be good or bad for GNO holders. The Snapshot vote was resolved on May 12 at ~28% Yes and 72% No. It failed.

Transparency Without an Exit
Reporting a treasury's value, its NAV, is useful. It helps holders analyze relative over or under valuation, whether the treasury is growing, and how projects compare. But for protection, it is only valuable to holders if they have some way to claim that value when the market consistently underprices the token relative to NAV. Otherwise, it is just information. GIP-150 was an attempt to turn a reported number into an enforceable right.

The Case for Pro-Rata Redemptions Over Buybacks
In the past, in the broader ownership coin ecosystem, we have seen examples of full treasury redemptions/liquidations and buybacks to close the gap between spot price and NAV. Wismerhill made a good argument for why pro-rata redemptions are a better alternative to buybacks. Some of the key points we wanted to surface for the broader ownership coin ecosystem to consider:

  • Buybacks need a liquid market while redemption doesn't - A buyback has to go through the open market. If trading is thin, buying a meaningful amount pushes the price up against itself and hands value to whoever is selling. Redemption skips this and just distributes the assets. Think of it as the difference between propping up the price and cashing people out directly.
  • Buybacks aren't fair to everyone while redemption is - A buyback only helps whoever sells at the right moment. Redemption gives every holder the same right to take their share, at the same value, when they choose.
  • Redemption is good for the people who stay - Since it's not a full liquidation, those who want out get their share now. Those who believe in the project keep their tokens. And because the proposal called for redeemed tokens to be burned, those who remain end up with relatively more ownership.

Who Owns What?
Most of the treasury is easy to identify and use for redemption as it's clearly reported on a Gnosis dashboard. But Gnosis also has an operating company with assets and illiquid investments which are harder to account for and sell.

This is an exact case study that is relevant for our work at 01Resolved, because it forces a question that's hard to answer without proper accounting: who decides what belongs to the DAO versus the operating company, and how is it valued? A redemption mechanism is trustworthy if the books behind it are.

Why the Vote Failed and What it Revealed
There was controversy surrounding who voted no for the proposal. Community sleuths discovered the largest no vote was linked to a Gnosis cofounder. Their vote represented ~32% of all voting power. Wismerhill showed that without leadership's tokens, the vote would have flipped to roughly 78% in favor of the proposal passing.

This is a weakness of token voting. One large holder can decide the outcome without putting their capital on the line. With a decision market determining the outcome, instead of Snapshot, the proposal may have gone a different way.

Where the Decision Market Fell Short
In parallel with the Snapshot vote, Futarchy.fi ran an “advisory” decision market pricing GNO conditional on the proposal passing or failing. It surfaces the financial reporting problems we mentioned in the call.

Valuing the liquid part of the treasury is easy if everything is tracked properly, it is all onchain, and publicly visible in a dashboard. The illiquid, offchain assets part of the claim are the harder part. If it is hard for traders to price these assets with high confidence, the decision market leans on the easy part and discounts the rest.

The takeaway for ownership coins using decision markets is that the market can only price what someone can value. The NAV accounting that makes a treasury legible is not easy, but matters for market integrity.

05

Other Spotlight

Rotating spotlight on interesting ownership coin applications and governance mechanisms.
WHY WE'RE COVERING THIS

Most prediction markets do one thing. They let people bet on whether something will happen. Ride Markets goes a step further and lets a market actually decide whether and how a fund spends its money.

Ride Markets: How It Works

Mechanism Primer

Someone - a caller - proposes a trade, like "SOL hits $125 in 24 hours." To open the market, the caller posts a bond. That bond is skin in the game, so you don't get to make a call for free. 

Everyone else then backs YES or NO with real money. When the deadline hits, two separate things settle at once. First, in the betting pool, the winning side splits the loser side, with early backers paid more for taking the risk before the answer was obvious, and a small cut (1%) is for the fund’s treasury. Second, if the fund actually placed the trade and it made money, that gets split as well. 30% goes to the caller, 70% is kept in the fund.

Why This Is Different

Decision markets usually ask if a proposal will increase or decrease the value of a token. Ride asks whether a trade is good enough that a fund should put money behind it. Crypto is full of public trade calls from people who are loud, vague, and selective about what they remember. Ride puts a price on them. 

Where it Can Go

Having placed a few winning trades on Ride ourselves, we find it a fun place to express conviction. But beyond setting up and settling the trades, there is a wider design space. In the future DAOs, or any pooled fund, could in principle let markets weigh in on where money goes, rewarding the people who are consistently right and sidelining the ones who aren't. The opposite is also possible - bad decisions can be blocked. Exceptional callers in either direction are building their public record on the Ride leaderboard in real time. At some point, that could become a signal for who gets trusted with larger scale capital - and who knows, if our calls continue paying off we may be part of it.

07

Signal vs. Noise

Every month produces apparent patterns. Most are coincidences. This section makes the distinction explicit, with reasoning.
Patterns worth watching vs. worth ignoring
Signal
Noise
Exchange Listings

$META hit Kucoin and Coinbase. Tier-1 exchanges are now listing an ownership coin and it's likely we see subsequent ownership coin exchange listings which broaden distribution in the months ahead.

Supply Side Growth

MetaDAO co-founder Kollan teased screenshots of “curated” launches on X. It looks as though a sponsor model will allow entities to cosign raises. Colosseum was teased, which also has a recognized name and established pipeline of new projects.

Narrative Updates

While sentiment has been positive in the ownership space. Most project recaps/updates are positive but lacking numbers - active users, revenues, etc. The developments are great and should be one part of the story, but the story should also be told through numbers.

08

Around the Space

Community discussions, reading, and listening recommendations.

Reading & Listening Worth Your Time

Papers, podcasts, and posts, worth reading this month. 

↗ Toly on Using Futarchy to Bootstrap a Fair Token Launch

A working Solana program that uses MetaDAO's decision markets to distribute a token's initial supply. To vote on where the tokens go, you put real capital at risk. There is no yield or rewards. The capital is purely the cost of the vote, which is what keeps it Sybil-resistant. Withdraw any time, but you forfeit your vote.

↗ AGI and Decision Markets are What Matter in 2026

Proph3t argues that powerful new technologies consistently break existing institutions before better ones emerge,  and AGI could make that catastrophic. He argues that decision markets can replace appointed decision makers and voting with market based incentives to find the best outcome. MetaDAO's bet is to build organizations native to that model instead of retrofitting existing ones.

↗ Decision Markets and Onchain Capital Formation

MetaDAO's Proph3t sits down with The Index to breakdown how decision markets are changing the way projects launch tokens, manage treasuries, and why onchain capital formation may look very different from traditional VC.

↗ Ownership Podcast S1 E8: Arad (Lightcone)

Arad from Lightcone shares why a lack of information causes decision markets to fail, how to think about impact markets, and why the oracle problem isn't really an oracle problem.

↗ Ownership Radio Ep. 13

Mango shares his thoughts on Zinc Cash’s mainnet launch, Paystream discusses the restructure proposal and what comes next, Fraudsworth and Umia Finance round out the conversation.

09

By the Numbers

Some high level numbers from all resolved decision markets in the last months.
Tracked: Treasury Values
Project
Treasury
Value
Spot Price
NAV
(Adjusted Supply)
% Premium / Discount
to NAV
MetaDAO
$12.36M
$3.49
$0.55
+531.54%
P2P
$5.04M
$0.46
$0.57
-18.54%
Solomon
$6.05M
$0.71
$0.72
-0.83%
Avici
$3.38M
$0.86
$0.30
+182.45%
Umbra
$2.97M
$0.50
$0.25
+99.85%
Loyal
$406.52K
$0.14
$0.13
+12.16%
Omnipair
$1.07M
$0.24
$0.08
+176.80%
Paystream
$57.07K
$0.04
$0.01
+316.09%
Turbine Cash
$78.99K
$0.03
$0.02
+58.53%
Superclaw
$33.43K
<$0.01
<$0.01
+4.34%
Futardio Cult
$47.06K
<$0.01
<$0.01
+71.40%
Jurassic Finance
$216.94K
$0.03
$0.02
+97.62%
TOTAL
$31.70M
Source: as of May 31, 2026. Spot Price from CoinGecko. Onchain data across MetaDAO ecosystem projects. Compiled by 01Resolved. NAV = Non-Native Assets ÷ Adjusted Supply Where: Non-Native Assets = Treasury Stables + LP Value (non-native side) + Other Non-Native Holdings | Adjusted Supply = Total Supply − Protocol-Controlled Tokens − Unvested Allocations.
Tracked: Decision Market Activity
Metric
May
April
MoM Change
Total Volume
$79,967
$2,843,327
-97.2%
Unique Wallets
48
155
-69.0%
Proposals Resolved
5
4
+25.0%
Pass Rate
100%
100%
0.0%
Source: onchain data across MetaDAO ecosystem projects. Compiled by 01Resolved.