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Weekly brief

23 – 29 October 2026

More money went out than came in across the tokens we track: −$13.7M over 23 – 29 Oct. 65 of the 231 tokens with DEX flow that day had more buying than selling.

232 tokens on Base, Ethereum and Robinhood · data through 29 Oct 2026 · snapshot 01:10 UTC

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Net DEX flow23 – 29 Oct
−$13.7M

The tokens with more buying added up to +$6.4M; those with more selling, −$20.2M.

Net DEX flow is buying minus selling through each token's DEX pools.
Median MVRV29 Oct
0.44×

Median MVRV was 0.44× on 29 Oct: the typical token's holders are sitting at about two fifths of what they paid. 34 of the 225 tokens with a cost basis that day are above 1×, where holders are in profit on average.

From 0.50× on 22 OctMVRV is what holders' tokens are worth now divided by what they paid for them; 1× is break-even.
Market capat the snapshot
$36.7B

The 232 tokens we track are worth $36.7B together at the snapshot. Ethereum holds the largest share, $30.7B.

Largest tokens: UNI, ONDO, QNT
Smart money, 30 daysat the snapshot
−$219.2K

Smart money sold more than it bought over the last 30 days: −$219.2K across the 226 tokens that report it.

Smart money is a group of wallets Blocktronics flags for a track record of good trades.
Graded Aat the snapshot
9

9 of the 232 graded tokens are A and 72 are B. The typical token scores 57 out of 100.

The grade rates how safely a token can be held and sold, from A to E. It is not a view on price.

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Earlier weeks

  1. to29 Oct
  2. to22 Oct
  3. to15 Oct
  4. to8 Oct