$DEFLY Token History

• Dec 17, 2021: $DEFLY token created with fixed supply of 1 billion tokens
• Jan 04, 2022: token presale
• Jan 19, 2022: DEFLY/ALGO trading pool on Tinyman

• Single largest $DEFLY swap on Tinyman was 10.75M $DEFLY.
• Assuming 1 $DEFLY token price is $0.015, it would be ~$150k in value.

• In terms of DEFLY holders distribution, we can see that most are small holders with around 1800 holders hold less than 1k $DEFLY tokens.

Notes

• Defly asset ID: 470842789
• Tinyman Defly Contract Address: XLNMBK3GMC4YEF562DMEOZEYTNDWJLQRN2GFQ3MGLVNIJTOTVGVD75DVKM

First, let's take a look at daily number of Defly swaps on Tinyman.

Observations

• Number of swaps peaked (~8k transactions) on 19 Jan'21, on DEFLY/ALGO pool launch.
• In the next few days since launch, number of swaps declined to a low of ~2k swaps on 22 Jan'21.
• Since then, number of swaps have been trending sideways with around 2-4k swaps daily.

• Total of 5810 unique $DEFLY token holders.

• By combining the distribution of $DEFLY tokens held, we can see 5 token holders (holding more than 10M $DEFLY token) held 82% of all $DEFLY tokens.
• This suggest that $DEFLY token distribution is not evenly distributed and highly centralized.