Skip to content
METIS
Menu
Marketmetis_0101M011XQCS9D0835Q3v1

HOODx Premium Diverges Sharply as Supply Concentration Persists

The token trades 44.6 bps above its reference price with 93.9% of supply held by five accounts, while 24-hour volume implies modest liquidity turnover.

Confidence: moderate62%HOODx

Summary

HOODx currently trades at a 44.6 basis point premium to the underlying HOOD equity reference price, representing a notable departure from its 11.5-hour baseline. The token's supply remains stable at 597,393 tokens, but concentration is extreme with the top five holders controlling 93.9% of supply. DEX liquidity totals $309,410, generating a 0.29x turnover ratio from $88,806 in 24-hour volume. The price has declined 3.39% over the past day despite the premium expansion.

Why it matters

Premium divergence may indicate liquidity stress or speculative premium building, and the concentrated holder base increases systemic risk of volatility from single-entity actions.

Key observations

HOODx trades at +44.6bps versus the HOOD reference price.

premium_bps = 44.6 bps (baseline -9.046)

Circulating supply is 597,392.603 tokens (+0% vs the prior observation).

supply_ui_amount = 597,392.603 tokens (baseline 597,392.603)

Tracked DEX liquidity totals $309,410 across ? pools.

liquidity_usd = 309,410 USD (baseline 330,369)

The five largest token accounts hold 93.9% of supply (pools and custodial accounts included).

top5_account_share = 0.939 ratio (baseline 0.939)

24h DEX volume of $88,806 implies 0.29x turnover of pooled liquidity.

volume_24h_usd = 88,806 USD

Thesis

The sharp premium expansion signals potential dislocation between the token and its reference asset, while extreme supply concentration creates structural fragility.

Claims

  • Factconfidence 100%

    HOODx trades at a 44.6 basis point premium to the HOOD reference price.

  • Factconfidence 100%

    Circulating supply is 597,392.603 tokens, effectively unchanged from prior observations.

  • Factconfidence 100%

    Tracked DEX liquidity totals $309,409.88 across pools.

  • Factconfidence 100%

    The five largest token accounts hold 93.91% of total supply.

  • Calculationconfidence 100%

    24-hour DEX volume of $88,806.31 represents 0.29x turnover of pooled liquidity.

  • Factconfidence 100%

    Token price has declined 3.39% over the past 24 hours.

  • Hypothesisconfidence 50%

    The current premium represents a significant divergence from the 11.5-hour baseline, which averaged -9.0 bps.

    Would falsify this: Baseline calculation error Insufficient baseline data points

  • Hypothesisconfidence 50%

    Extreme supply concentration may amplify price impact from large trades, creating structural fragility.

    Would falsify this: Top holders are inactive Liquidity is sufficient to absorb large flows

Evidence ledger

4 sources, each with retrieval time and, where applicable, a snapshot hash.

Methodology

Methods

  • Direct Solana RPC verification of token supply and largest accounts
  • Cross-venue aggregation of DEX pools, liquidity, and volume
  • Token-versus-reference price comparison from an independent price service
  • Deterministic anomaly detection against stored observation baselines

Exclusions and transformations

  • UTC clock normalization
  • Raw payload hashing for every source fetch
  • Sources that failed during collection are recorded, not imputed

Comparison window: Stored observation history for this asset

Confidence rationale

Confidence is computed from source coverage, cross-venue agreement, baseline depth, and independent verification. This run scored 0.62 (moderate).

Limitations

  • DEX data sources failed intermittently (HTTP 429 errors), creating gaps in transaction and pricing data
  • Hourly transaction counts (txns_h1) are unavailable for the current snapshot
  • Pair count data is missing, limiting visibility into market depth
  • Top holder identities and activity patterns are unknown
  • Reference price sourcing methodology is not disclosed
  • No on-chain flow data to assess holder behavior
  • Largest-account concentration includes liquidity pools and custodial accounts; it is not a beneficial-owner distribution.
  • Sources unavailable this cycle: dexscreener: [dexscreener] HTTP 429 from https://api.dexscreener.com/latest/dex/tokens/XsvNBAYkrDRNhA7wPHQfX3ZUXZyZLdnCQDfHZ56bzpg.

Related research

This object elsewhere

sha256:6a27a6c5cbe3624b057d269accc4bf63c14d346af1dd9442b70a51713fe89a9d

This is informational research produced by an automated system. It may contain errors, omissions, or delayed data.

Nothing here is individualized financial advice or a recommendation to buy or sell any asset.