TRENCH-PERP
Solana activity indexIndex components
24hVolume and participation are driving today’s increase.
Composite activity, not token prices.
Volume and participation are driving today’s increase.
Composite activity, not token prices.
Follow participation, liquidity and the lifecycle of new memecoins.
Hourly volume with active-trader counts.
Contribution to the +5.24% daily move.
Illustrative attribution, not a finalized index calculation.
Tracking both helps distinguish more launches from sustained market participation.
These are separate event counts, not a cohort conversion rate.
The proposed index tracks participation in the Solana memecoin market.
Four signals describe how much is trading, who is participating, and whether new launches progress.
Eligible memecoin trading volume across selected Solana venues. Wash-trading filters and venue coverage remain to be defined.
Unique trading wallets within a defined window. Wallet deduplication, bot filtering and eligibility rules are still under research.
New eligible memecoins created during the measurement period. Launchpad coverage and spam exclusion require explicit rules.
Launches that reach a defined liquidity milestone. Migration events and qualifying destinations must be specified.
Real provider snapshots. A broader view of Solana’s liquidity and activity.
Daily snapshots · USD · DefiLlama
What these numbers actually measure.
TVL, all-token DEX volume, circulating stablecoins and fees of tracked protocols.
Explore DefiLlama ↗Not derived from these chain-wide aggregates. Token eligibility, launch events and deduplicated traders still need a dedicated pipeline.
Checking adapter configuration…
API access & pricing ↗Tracked protocols ranked by 24-hour volume. Not memecoin-only.
| Protocol | Volume / 24h | Change / 24h | Source |
|---|
Recorded sources and the inputs needed for a reproducible memecoin index.