First Mosh bundle · Pons V2 · Robinhood Chain
$BUNBundle Cat
71.4% of supply is locked forever in three vaults. Trading fees pay the people who funded the launch. Three agents trade the rest.
Structural · one-way
Supply can only leave the vaults through the pool, slowly
Read from the contracts. These do not move both ways, so they are shown, not scored.
Locked in vaults
71.4%
714.18M BUN · 3 vaults
Locked LP
8.2%
Pons LaunchLocker, permanent
Public float
20.4%
of 1.00B fixed supply
Paid to funders
36.5 ETH
on 8 ETH in · 4.6× · $89.8K
✓
Fixed supply 1B minted once to the curve; the token has no owner or privileges.
✓
Only exit is a swap vaults can only move BUN through the Uniswap v4 PoolManager; no withdraw or transfer function exists.
✓
Sells are rate-limited per-vault window of 3600s; current window sold 14.3K BUN.
✓
Not frozen, not paused frozen=false · paused=false.
!
Contracts unverified raise, vault, adapter and registry have no published source. Function names here were recovered from bytecode.
!
Registry owner is one key 0xc433…f68b owns the router allow-list; transfer to treasury 0x6736…7da6 is pending, not accepted.
Scorecard
3 / 11 scored bullish
Only quantities that can move both ways are scored; this tally will turn. How each one is computed →
Funder flywheel
1 bullish · 1 neutral · 2 cautionFees → the raise contract → the funders. Rises and falls with BUN volume.
Fees to funders, 24h est.caution
0.00 ETH
$0 of volume × the 0.7% creator share of Pons' hook fee. Lifetime average is 4.43 ETH per day.
GeckoTerminal volume · 60s · estimate
Fee run-rate on the raisecaution
0%
Today's estimated fees, annualized, over the 8 ETH funders put in.
Derived · GeckoTerminal + raise contract
Volume growth, 3d vs prior 3dbullish
+103%
Fees follow volume with no lag, in both directions.
Dune dex.trades · daily
FDV / annualized funder feesneutral
—
Lifetime fee pace annualizes to $3.98M against a — FDV.
Derived · raise contract + GeckoTerminal
Agents
1 bullish · 1 caution · 2 contextWhat the three vaults do with the inventory, and whether it helps.
Net buyer on red days, 7dcaution
0 of 3
A market maker that supports price should be a net buyer when the daily VWAP falls.
Dune · daily
Swarm trading PnLbullish
+1.12 ETH
Net ETH from swaps plus the change in BUN inventory at the 24h VWAP. Excludes the locked bundle's own mark.
Dune · daily
Swarm share of volume, latest daycontext
0.11%
77 fills lifetime, $19.8K of volume. The public sets the price.
Dune · daily
Bundle inventory intactcontext
99.99%
714.18M BUN across 3 vaults vs 714.29M at launch.
Robinhood Chain RPC · 60s
Demand
2 neutral · 2 cautionWho is buying BUN, and how deep the market is.
24h volumecaution
$0
0.0% of FDV changed hands. Extremes either way are a caution.
GeckoTerminal · 60s
Main pool depthcaution
$0
BUN / WETH on Uniswap v4 · — volume 24h · 0 pools in total.
GeckoTerminal · 60s
Buy share of volume, last full dayneutral
48.7%
Share of USD volume that was BUN being bought rather than sold, all pools.
Dune dex.trades · daily
Price change, 24hneutral
0.0%
Main pool price in ETH terms, converted to USD; includes ETH's own move.
GeckoTerminal · 60s
Holders
1 bullish · 2 contextWallet growth and who owns the float.
Holderscontext
—
1,733 public wallets hold 19.5% of supply.
GeckoTerminal · 5 min · Dune balances · daily
New wallets, last full daybullish
283
First-time BUN traders vs a 7-day average of 278.
Dune dex.trades · daily
Top-10 concentrationcontext
—
Includes the three vaults (71.4%) and the locked LP. Public float is what remains.
GeckoTerminal · 5 min
Charts
Price, volume and what the swarm did
Price, daily close GeckoTerminal · main pool · USD
Volume, buys vs sells Dune · all pools · daily
BuysSells
Swarm net flow per day positive = net buying · USD
Latest swarm fills Pons trade feed · 60s
| When | Agent | Side | BUN | ETH | Tx |
|---|---|---|---|---|---|
| 18h ago | Stage Diver | sell | 14.3K | 0.2447 | 0xf96f7…aa1e8 |
Last fill 18h ago. Full history and PnL on the Agents page.
Agent scorecard
Three vaults, three styles
Trading PnL is net ETH plus the change in BUN inventory at the 24h VWAP. It excludes the locked bundle's own mark. Refreshes daily. Every fill →
| Agent | Nickname | Style | Fills | Buys | Sells | Net ETH | Net BUN | Volume | Trading PnL |
|---|---|---|---|---|---|---|---|---|---|
| Agent 1 0x1eBE…9136 | Stage Diver | Big swinger. Largest tickets both ways, sells rallies, buys pullbacks. | 25 | 14 | 11 | +1.59 ETH | -319,748 | $10.4K | −2.73 ETH |
| Agent 2 0xdE81…F7f1 | Front Row | First in at launch, halving-ladder buys, steady 0.12 ETH sells into strength. | 26 | 17 | 9 | +0.67 ETH | +386,974 | $4,124 | +5.90 ETH |
| Agent 3 0xe63f…ee59 | Crowd Surfer | Accumulator. Buys far more than it sells, keeps adding on the way up. | 26 | 19 | 7 | +0.25 ETH | -169,831 | $5,300 | −2.04 ETH |
| Swarm | All three | Fire together, size differently. | 77 | 50 | 27 | +2.51 ETH | -102,605 | $19.8K | +1.12 ETH |
Funder projection
What volume does to funder yield
Starting from today's volume. Fees are 0.7% of hook-pool volume; 80% goes to funders.
Volume over 30d
$0
starting from $0 per day
Fees to raise contract
0.0 ETH
0.7% of volume, upper bound
Paid to funders
0.0 ETH
80% of fees · $0
Cumulative multiple on raise
4.6×
fees paid to date plus this horizon, over 8 ETH
| Volume / day | 30d volume | Fees | To funders | Multiple on raise |
|---|---|---|---|---|
| -20% per day | $0 | 0.0 ETH | 0.0 ETH | 4.6× |
| -10% per day | $0 | 0.0 ETH | 0.0 ETH | 4.6× |
| 0% per day | $0 | 0.0 ETH | 0.0 ETH | 4.6× |
| +10% per day | $0 | 0.0 ETH | 0.0 ETH | 4.6× |
| +20% per day | $0 | 0.0 ETH | 0.0 ETH | 4.6× |
Models one input only: fee yield from volume. It assumes every trade pays the Pons hook fee (some pools do not) and ignores price. Not a forecast.
Recent swarm fills · from Dune
Last 12 fills with hashes
Daily snapshot (Dune API, 1s ago).
| Time (UTC) | Agent | Side | BUN | ETH | ETH / 1M BUN | USD | Tx |
|---|---|---|---|---|---|---|---|
| Sep 12, 04:24 | Stage Diver | SELL | 14,294 | 0.2423 | 16.95 | $608 | 0xf96f78…0aa1e8 |
| Sep 12, 00:35 | Crowd Surfer | BUY | 1,943 | 0.0226 | 11.61 | $57 | 0xcfbe71…9b2748 |
| Sep 12, 00:35 | Front Row | BUY | 721 | 0.0084 | 11.61 | $21 | 0x8e98f9…5b08b6 |
| Sep 12, 00:35 | Stage Diver | BUY | 5,259 | 0.0610 | 11.60 | $153 | 0x813d62…400ef2 |
| Sep 11, 15:38 | Front Row | SELL | 8,188 | 0.1220 | 14.90 | $319 | 0x6cddb6…75a5d1 |
| Sep 11, 15:35 | Stage Diver | SELL | 15,245 | 0.2180 | 14.30 | $570 | 0x30da70…6df6cd |
| Sep 10, 12:38 | Stage Diver | BUY | 3,481 | 0.0489 | 14.06 | $120 | 0x22bc9b…9764d5 |
| Sep 10, 12:36 | Crowd Surfer | BUY | 2,424 | 0.0349 | 14.41 | $85 | 0xb9475c…a477e6 |
| Sep 10, 12:36 | Front Row | BUY | 611 | 0.0088 | 14.41 | $22 | 0x6d85c3…6702b4 |
| Sep 9, 21:52 | Crowd Surfer | BUY | 5,034 | 0.0551 | 10.94 | $135 | 0xd2d2f9…fa0ac2 |
| Sep 9, 21:52 | Front Row | BUY | 1,654 | 0.0181 | 10.93 | $44 | 0x3e31ec…0bd975 |
| Sep 9, 21:04 | Stage Diver | BUY | 9,736 | 0.1090 | 11.19 | $269 | 0x28bb9b…e9688e |