AKEAkedo
Why we lookedFunding settlement switched to hourly (demo)
Superseded original. Read the revised report and corrections; the original has not been revalidated. Superseded original. The revised retrospective report withdraws unsupported claims and corrects the timestamp and unit errors. This original remains available for traceability; its figures and interpretations have not been revalidated.Read the revised report →
This edition was published 2026-10-18 11:11 UTC; the latest edition was published 2026-10-25 10:13 UTC.See the latest version →
This report was corrected on 2026-10-25; see corrections and responses at the end.
Superseded original summary — not revalidated
Not yet known
- Lock contract 0x2733…f42c: who can call adminWithdraw(), memberWithdraw(), setInvestors(address[],uint256[]), setUnlockTime(uint256), transferOwnership(address), userWithdraw() is not visible (source unpublished); only the controllers the contract reports are known.
- Lock contract 0xd229…a457: who can call adminWithdraw(), memberWithdraw(), setTeamAndAdvisor(address[],uint256[]), setUnlockTime(uint256), transferOwnership(address) is not visible (source unpublished); only the controllers the contract reports are known.
Now · as of 2026-10-18 11:11 UTC
- Largest single holder
- 14.4%
- Lock contract
- Dormant large holders
- 34.8%
- 7 of the top 10, no transfers in 60 days
- Open interest ÷ book depth
- 31×
- higher than 86% of coins (median 10×)
- Circulating ÷ total supply
- 23%
- lower than 88% of coins (median 70%)
This report describes public data. It does not forecast prices or judge anyone's intent.
Summary
AKE's two largest holders are lock contracts, not wallets. The investor allocation holds 14.37% of supply and made no transfers in 60 days; the team-and-advisor allocation sent out 6.95% of supply over 60 days.
On 2026-09-20 the derivatives market moved a long way within a few hours. Binance switched funding to hourly settlement; the first hourly settlement, at 09:00, was -1.4646% per hour, paid by shorts, and the close in that hour, $0.0878, was the highest in 30 days. Between 10:00 and 11:00, Binance open interest went from $91.98M to $32.33M. Settlement went back to every 4 hours on 2026-09-22.
The next day, from 2026-09-21 09:17 to 10:24, the team-and-advisor lock sent 18 transfers totalling 2.88% of supply. 1.11% of it went to 0x3aa7…e82a, which had sent none of it on by 2026-10-17. There was also a payout a month earlier, on 2026-08-21, so this looks more like a monthly schedule; it sits close in time to the derivatives event, but that alone does not connect them.
Both lock contracts are controlled by the same 3-of-4 multisig. Their source code is not published; a function called adminWithdraw is visible, but not who may call it.
Across the chapters
Facts from different chapters read together; each line names the facts it rests on, linked to the original.
- On 2026-09-20 Binance moved AKE funding to settlement every 1 hour; the first settlement after the switch, at 2026-09-20 09:00, was -1.4646% (shorts pay), and the close in that hour, $0.0878, was the highest of the past 30 days.#F31T01F34
- Binance open interest read $91.98M at 2026-09-20 10:00 and $32.33M at 11:00; the 10:00 hour traded $361.94M and closed at $0.0778, and the next hour closed at $0.0510.#T01
- The next day, from 2026-09-21 09:17 to 10:24, the lock contract 0xd229…a457, whose registration function is setTeamAndAdvisor, sent 18 transfers totalling 2.88% of supply; 0x3aa7…e82a received 1.11% and had sent none of it on by 2026-10-17.#F10T03T04
Data queried during the analysisT01 · T03 · T04
Raw readings fetched to check the lines above, written by code in a fixed format, not rewritten by a model.
T01Binance perpetual, hourly (UTC, 2026-09-20 05:00 to 2026-09-20 12:00)Binance archive
- 2026-09-20 05:00 close $0.0636, OI $65.70M, volume $43.14M, taker buy 52.8%
- 2026-09-20 06:00 close $0.0642, OI $64.98M, volume $23.72M, taker buy 50.5%
- 2026-09-20 07:00 close $0.0659, OI $64.73M, volume $25.08M, taker buy 55.6%
- 2026-09-20 08:00 close $0.0716, OI $69.55M, volume $59.62M, taker buy 50.9%, funding settled -2.0000% (every 4 h, shorts pay)
- 2026-09-20 09:00 close $0.0878, OI $78.26M, volume $102.72M, taker buy 52.0%, funding settled -1.4646% (every 1 h, shorts pay)
- 2026-09-20 10:00 close $0.0778, OI $91.98M, volume $361.94M, taker buy 53.4%, funding settled -1.1368% (every 1 h, shorts pay)
- 2026-09-20 11:00 close $0.0510, OI $32.33M, volume $167.99M, taker buy 49.4%, funding settled -0.7493% (every 1 h, shorts pay)
- 2026-09-20 12:00 close $0.0533, OI $30.76M, volume $55.37M, taker buy 51.7%, funding settled -0.2083% (every 1 h, shorts pay)
T030xd229…a457, AKE transfers on BNB Chain, 2026-09-14 00:00 to 2026-09-22 23:59 (UTC)BscScan
- 0 in, 0 tokens (0.00% of supply)
- 18 out, 2,884,440,476 tokens (2.88% of supply)
- largest counterparties: 0x3aa7…e82a received 1.11% / paid 0.00%, 0x6a6b…3f9d received 0.58% / paid 0.00%, 0x9b2a…7c87 received 0.24% / paid 0.00%, 0x6b9b…02be received 0.16% / paid 0.00%, 0xb5e9…befd received 0.13% / paid 0.00%
- first 2026-09-21 09:17, last 2026-09-21 10:24
T040x3aa7…e82a, AKE transfers on BNB Chain, 2026-09-17 00:00 to 2026-10-17 23:59 (UTC)BscScan
- 2 in, 1,108,333,333 tokens (1.11% of supply)
- 0 out, 0 tokens (0.00% of supply)
- largest counterparties: 0xd229…a457 received 0.00% / paid 1.11%
- first 2026-09-21 09:17, last 2026-09-21 10:24
Observedread directly from chain or exchangeDerivedcomputed or inferred from what was readReportedthird-party claimUnknownnot yet confirmed
Supply
Who holds it, what is locked
Holder distribution
Shares of total supply on BNB Chain; labels are address types.
- Lock contract 0x2733…f42c14.4%
- Lock contract 0xd229…a4576.0%
- Wallet 0xca9a…74014.2%
- Wallet 0xb821…20f14.1%
- Wallet 0x5711…7c0e3.5%
- Wallet 0x3e2b…a4483.4%
- Rest of top 10 (4)10.9%
- All other addresses53.4%
Unlock schedule
Schedules of 2 lock contracts, read from the contracts. Withdrawals fill the earliest periods; unverified locks with a single unlock time are shown at their current balance on that date. Where a contract's readings disagree with its transfers, what it sent out over 60 days is shown as withdrawn, a lower bound.
- 2025-08-216.95B tokensWithdrawn
- 2025-08-216.05B tokensUnlocked, still in the contract
- 2025-08-2414.37B tokensUnlocked, still in the contract
Findings
- ObservedF01Of the top 10 holders, 7 addresses made no transfers in 60 days, together 34.84% of supply: Lock contract 0x2733…f42c (14.37%), Wallet 0xca9a…7401 (4.23%), Wallet 0xb821…20f1 (4.11%), Wallet 0x5711…7c0e (3.47%), Wallet 0x3e2b…a448 (3.41%), Wallet 0x55a3…066a (2.80%), Wallet 0xa957…722b (2.45%)#ExplorerExplorerExplorerExplorerExplorerExplorer
- DerivedF04Lock contract 0x2733…f42c: registered total 0, received 0, unlock time 2025-08-24 (passed)#Explorer
- DerivedF060x2733…f42c is a contract without published source (a proxy; its implementation 0x0044…c9cc is unpublished too); 23 functions identified in its bytecode#Explorer
- DerivedF08Lock contract 0xd229…a457: registered total 0, received 0, unlock time 2025-08-21 (passed)#Explorer
6 more
- DerivedF09Lock contract 0xd229…a457 reports zero received and zero registered, yet sent out 35 transfers on chain over 60 days, 6.95% of supply in all; the source is unpublished, so what these readings mean is unknown and they cannot be taken as amounts withdrawn.#Explorer
- DerivedF120xd229…a457 is a contract without published source (a proxy; its implementation 0x25f7…bc3e is unpublished too); 23 functions identified in its bytecode#Explorer
- DerivedF170x73d8…46db is a contract without published source (a proxy; its implementation 0x1bb4…b0d7 is unpublished too); 58 functions identified in its bytecode#Explorer
- DerivedF210x6aba…1b90 is a contract without published source (a proxy; its implementation 0xb66a…3d58 is unpublished too); 50 functions identified in its bytecode#Explorer
- DerivedF260xbd97…2866 is a contract without published source; no function table could be read, only its transfers#Explorer
- DerivedF290x5e2d…584a is a contract without published source; 5 functions identified in its bytecode#Explorer
Control
Who can move the tokens
- ObservedF020x551a…a5eb is a Safe multisig (3-of-4, v1.4.1)#Explorer
- ObservedF030x551a…a5eb is at once: owner of (0x2733…f42c, 0xd229…a457); no recent transfers#Explorer
- DerivedF050x2733…f42c's privileged functions (source unpublished, names inferred; callers not visible): adminWithdraw(), memberWithdraw(), setInvestors(address[],uint256[]), setUnlockTime(uint256), transferOwnership(address), upgradeToAndCall(address,bytes), userWithdraw(); the contract reports owner 0x551a…a5eb#Explorer
- ObservedF070x3875…b420 is at once: admin of (0x6aba…1b90, 0x73d8…46db); operator of (0x73d8…46db); no recent transfers#Explorer
- DerivedF100xd229…a457's privileged functions (source unpublished, names inferred; callers not visible): adminWithdraw(), memberWithdraw(), setTeamAndAdvisor(address[],uint256[]), setUnlockTime(uint256), transferOwnership(address), upgradeToAndCall(address,bytes); the contract reports owner 0x551a…a5eb#Explorer
4 more
- DerivedF130x73d8…46db's privileged functions (source unpublished, names inferred; callers not visible): emergencyWithdraw(address,uint256,address), pause(), setRouter(address), transferOwnership(address), unpause(), upgradeToAndCall(address,bytes); the contract reports admins 0x3875…b420, operators 0xacd0…41ec, operators 0x3875…b420, owners 0x12ef…db1d, signers 0x731c…6cf2, signers 0xc50a…7441#Explorer
- ObservedF140x12ef…db1d is at once: owner of (0x6aba…1b90, 0x73d8…46db); no recent transfers#Explorer
- ObservedF150xc50a…7441 is at once: signer of (0x6aba…1b90, 0x73d8…46db); no recent transfers#Explorer
- DerivedF190x6aba…1b90's privileged functions (source unpublished, names inferred; callers not visible): emergencyWithdraw(address,uint256,address), pause(), setRouter(address), transferOwnership(address), unpause(), upgradeToAndCall(address,bytes); the contract reports admins 0x3875…b420, operators 0xd422…465f, owners 0x12ef…db1d, signers 0xc50a…7441#Explorer
Flows
Where the tokens came from and went
Flow map
Columns follow the money from left to right; a controller sits left of what it controls. Dashed lines are control, solid widths scale with amount.
- Lock contract 0xd229…a457 → 13 other addresses3.58B · 60d · 13 counterparties
- Unverified contract 0x73d8…46db → Unverified contract 0x6aba…1b901.19B · 60d
- Lock contract 0xd229…a457 → Wallet 0x3aa7…e82a1.11B · 60d
- Unverified contract 0x73d8…46db → 7 other addresses870.9M · 60d · 7 counterparties
- Lock contract 0xd229…a457 → Wallet 0x5f0d…dd3d787.5M · 60d
- Unverified contract 0x6aba…1b90 → Contract 0xb300…028d606.8M · 60d
- Lock contract 0xd229…a457 → Wallet 0x6a6b…3f9d583.3M · 60d
Control: Safe multisig 0x551a…a5eb is owner of Lock contract 0x2733…f42c; Safe multisig 0x551a…a5eb is owner of Lock contract 0xd229…a457; Controller 0x3875…b420 is admin of Unverified contract 0x73d8…46db; Controller 0xacd0…41ec is operator of Unverified contract 0x73d8…46db; Controller 0x3875…b420 is operator of Unverified contract 0x73d8…46db; Controller 0x12ef…db1d is owner of Unverified contract 0x73d8…46db; Controller 0x3875…b420 is admin of Unverified contract 0x6aba…1b90; Controller 0x12ef…db1d is owner of Unverified contract 0x6aba…1b90
Findings
- ObservedF110xd229…a457 over 60 days: sent 6.95% of supply, with 33 counterparties; 0x3aa7…e82a received 1.11%; 0x5f0d…dd3d received 0.79%; 0x6a6b…3f9d received 0.58%; 0xdc77…0d00 received 0.50%; latest on 2026-09-21#Explorer
- ObservedF160x73d8…46db over 60 days: received 0.95% and sent 1.99% of supply, with 345 counterparties; 0x6aba…1b90 received 0.57% / sent 0.62%; 0x93fc…87d7 received 0.34%; 0x653d…0158 sent 0.23%; 0x8c7a…6c66 received 0.15%; latest on 2026-10-18 (busy address: only recent transfers read)#Explorer
- ObservedF180xaf6b…9da1 over 60 days: received 0.08% and sent 0.01% of supply, with 3 counterparties; latest on 2026-09-19#Explorer
- ObservedF200x6aba…1b90 over 60 days: received 0.74% and sent 0.81% of supply, with 12 counterparties; 0x73d8…46db received 0.49% / sent 0.30%; 0xb300…028d received 0.33% / sent 0.28%; 0x4d3b…9c5d sent 0.15%; latest on 2026-10-18 (busy address: only recent transfers read)#Explorer
7 more
- ObservedF220x4d3b…9c5d is a DEX liquidity pool (0x2c3a…f7db / 0xbb4c…095c)#Explorer
- ObservedF230xb300…028d over 60 days: received 0.76% and sent 0.71% of supply, with 1240 counterparties; 0x6aba…1b90 received 0.32% / sent 0.35%; 0x4d3b…9c5d received 0.11% / sent 0.36%; 0x5e2d…584a received 0.23%; latest on 2026-10-18 (busy address: only recent transfers read)#Explorer
- ObservedF240x3aa7…e82a over 60 days: received 1.11% of supply, with 1 counterparties; 0xd229…a457 sent 1.11%; latest on 2026-09-21#Explorer
- ObservedF250xbd97…2866 over 60 days: received 0.30% and sent 0.48% of supply, with 8 counterparties; 0x4d3b…9c5d received 0.18% / sent 0.20%; 0x653d…0158 received 0.29%; latest on 2026-09-10 (busy address: only recent transfers read)#Explorer
- ObservedF270x5f0d…dd3d over 60 days: received 0.79% of supply, with 1 counterparties; 0xd229…a457 sent 0.79%; latest on 2026-08-21#Explorer
- ObservedF280x5e2d…584a over 60 days: received 0.45% and sent 0.45% of supply, with 529 counterparties; 0x4d3b…9c5d received 0.45%; 0xb300…028d sent 0.42%; latest on 2026-10-18 (busy address: only recent transfers read)#Explorer
- ObservedF300x653d…0158 over 60 days: received 0.45% and sent 0.45% of supply, with 3 counterparties; 0x73d8…46db received 0.45%; 0xbd97…2866 sent 0.33%; 0xf975…41ff sent 0.13%; latest on 2026-10-15#Explorer
Market
Derivatives positioning and peers
Around the event, hour by hour
Hour by hour around Binance's most extreme funding settlement, in UTC. The on-chain row is what the traced lock contracts sent out each hour, as a share of supply. Sharing a time axis shows order, not a connection.
- Lock contract 0xd229…a457sent 2.88% in 18 transfers, 09-21 09:00 to 09-21 11:00
Open interest by venue
About $53.98M in total; venues without data or listing are excluded, not counted as zero.
- Gate$21.2M
- MEXC$15.2M
- Binance$13.4Marchive 10/17
- OKX$3.4M
- Bitget$799K
- BybitNo data
- HyperliquidNot listed
Binance close and open interest
Daily close; open interest is the last reading of each day.
Open interest by venue over time
Hourly open interest each venue publishes (USD); Binance comes from its public archive; venues without public history are left out.
- Gate $21.4M
- Binance $13.4M
- OKX $3.3M
Funding by venue (per hour)
Each settlement's funding rate per hour; positive means longs pay shorts, negative the reverse. Binance comes from its public archive and covers a longer period.
Against all perpetuals
Peers: up to 735 Binance USDT perpetuals matched to CoinGecko on 2026-10-16.
- MetricThis tokenMedianPosition
- Circulating ÷ total supply23%70%lower than 88% of coins
- Fully diluted value ÷ market cap4.4×1.3×higher than 89% of coins
- Perp book within ±2%$442K$254Khigher than 64% of coins
- Bids ÷ asks within ±2%1.251.26lower than 52% of coins
- Binance open interest$13.72M$3.08Mhigher than 83% of coins
- Open interest ÷ ±2% book31×10×higher than 86% of coins
- Open interest ÷ market cap2.0%6.4%lower than 84% of coins
- ±2% book ÷ market cap6.4 bps46.4 bpslower than 96% of coins
- Binance perp volume ÷ all-venue spot volume5.35×0.72×higher than 95% of coins
Findings
- ObservedF31Binance changed its funding interval from 4 to 1 hours on 2026-09-20.#Binance archive
- ObservedF32Binance changed its funding interval from 1 to 4 hours on 2026-09-22.#Binance archive
- ObservedF33Binance's most extreme funding over 30 days was -1.4646% per hour (shorts pay), at the 2026-09-20 09:00 UTC settlement.#Binance archive
- ObservedF34Binance perpetual closes moved from $0.0211 to $0.0305 over 30 days (+44.5%); range high $0.0878, low $0.0211; the latest close is -65.2% from the high.#Binance archive
- DerivedF35Binance perpetual open interest went from $13.13M to $13.41M over 7 days (+2.1%); the close moved +12.1% over the same period.#Binance archive
- DerivedF36Binance perpetual open interest went from $26.66M to $13.41M over 30 days (-49.7%); the close moved +44.5% over the same period.#Binance archive
11 more
- DerivedF37OKX open interest went from $2.72M to $3.34M over the last 99 hours (+23.0%).#OKX
- DerivedF38Gate open interest went from $17.59M to $21.43M over the last 99 hours (+21.8%).#Gate
- ObservedF39Gate liquidations over the last 100 hours: longs $89K, shorts $106K.#Gate
- DerivedF40Binance perpetual volume averaged $55.16M a day over 7 days; Binance lists no same-name spot market.#Binance archive
- DerivedF41Taker buys made up 49.3% of Binance perpetual volume over 7 days.#Binance archive
- DerivedF42Binance perpetual book depth within ±2% (bids plus asks) went from $278K to $457K (+64.4%), comparing medians on 2026-09-18 and 2026-10-17.#Binance archive
- DerivedF43The Binance perpetual premium over the index averaged 0.039% over 7 days.#Binance archive
- ObservedF44OKX settles funding every 4 hours; current funding is 0.0013% per hour (longs pay); the last 9 settlements averaged 0.0015% per hour.#OKX
- ObservedF45Bitget settles funding every 4 hours; current funding is 0.0047% per hour (longs pay); the last 9 settlements averaged 0.0044% per hour.#Bitget
- ObservedF46Gate settles funding every 4 hours; current funding is 0.0057% per hour (longs pay); the last 9 settlements averaged 0.0022% per hour.#Gate
- ObservedF47MEXC settles funding every 4 hours; current funding is 0.0029% per hour (longs pay).#MEXC
Checks and unknowns
Claims compared, open questions
Other explanations
Ordinary explanations for the same facts, and the evidence that would tell them apart.
| Explanation | Supporting facts | Discriminating evidence | Observed so far |
|---|---|---|---|
| The lock pays out on a fixed schedule and is only close in time to the derivatives event. | 0x5f0d…dd3d received 0.79% from 0xd229…a457, most recently on 2026-08-21; this payout was on 2026-09-21. | Whether earlier months also show payouts around the 21st. | So far only two have been read: 2026-08-21 and 2026-09-21. |
| Binance shortened the settlement interval for a while because funding was extreme, a routine exchange measure. | It went back to every 4 hours on 2026-09-22. | Whether other venues also moved to hourly settlement at the same time. | OKX, Bitget and Gate all settle every 4 hours now. |
Open questions
- UnknownLock contract 0x2733…f42c: who can call adminWithdraw(), memberWithdraw(), setInvestors(address[],uint256[]), setUnlockTime(uint256), transferOwnership(address), userWithdraw() is not visible (source unpublished); only the controllers the contract reports are known.
- UnknownLock contract 0xd229…a457: who can call adminWithdraw(), memberWithdraw(), setTeamAndAdvisor(address[],uint256[]), setUnlockTime(uint256), transferOwnership(address) is not visible (source unpublished); only the controllers the contract reports are known.
- UnknownLock contract 0xd229…a457: how much it has actually paid out. Its readings say zero; only the last 60 days of transfers are visible.
- UnknownUnverified contract 0x73d8…46db: who can call emergencyWithdraw(address,uint256,address), pause(), setRouter(address), transferOwnership(address), unpause() is not visible (source unpublished); only the controllers the contract reports are known.
- UnknownUnverified contract 0x73d8…46db dealt with 345 addresses recently, possibly an exchange, router or market maker; no public label confirms which.
- UnknownUnverified contract 0x6aba…1b90: who can call emergencyWithdraw(address,uint256,address), pause(), setRouter(address), transferOwnership(address), unpause() is not visible (source unpublished); only the controllers the contract reports are known.
2 more
- UnknownContract 0xb300…028d dealt with 1,240 addresses recently, possibly an exchange, router or market maker; no public label confirms which.
- UnknownUnverified contract 0x6aba…1b90 has too many transfers; only recent ones were read.
Appendix
Ledger
Ledger (20 rows, largest first)
| Time (UTC) | From | To | Amount | Note | Link |
|---|---|---|---|---|---|
| 60-day total | Lock contract 0xd229…a457 | Wallet 0x3aa7…e82a | 1,108,333,333.33 | bsc | Address |
| 60-day total | Lock contract 0xd229…a457 | Wallet 0x5f0d…dd3d | 787,500,000 | bsc | Address |
| 60-day total | Unverified contract 0x6aba…1b90 | Unverified contract 0x73d8…46db | 615,773,908.6091759 | bsc | Address |
| 60-day total | Lock contract 0xd229…a457 | Wallet 0x6a6b…3f9d | 583,333,333.33 | bsc | Address |
| 60-day total | Unverified contract 0x73d8…46db | Unverified contract 0x6aba…1b90 | 571,962,530.8571824 | bsc | Address |
| 60-day total | Lock contract 0xd229…a457 | Address 0xdc77…0d00 | 500,000,000 | bsc | Address |
| 60-day total | Lock contract 0xd229…a457 | Address 0x4d14…6099 | 500,000,000 | bsc | Address |
| 60-day total | Lock contract 0xd229…a457 | Address 0x4367…ef6d | 500,000,000 | bsc | Address |
| 60-day total | Lock contract 0xd229…a457 | Address 0x8c5a…e12c | 495,000,000 | bsc | Address |
| 60-day total | Unverified contract 0x5e2d…584a | DEX pool 0x4d3b…9c5d | 453,728,638.1333868 | bsc | Address |
| 60-day total | DEX pool 0x4d3b…9c5d | Contract 0xb300…028d | 356,243,056.1213646 | bsc | Address |
| 60-day total | Unverified contract 0x73d8…46db | Wallet 0x93fc…87d7 | 344,229,970.933179 | bsc | Address |
| 60-day total | Unverified contract 0xbd97…2866 | Unverified contract 0x653d…0158 | 329,413,815.91197 | bsc | Address |
| 60-day total | Unverified contract 0x6aba…1b90 | Contract 0xb300…028d | 325,212,059.93690693 | bsc | Address |
| 60-day total | Wallet 0x93fc…87d7 | Wallet 0xa3d3…cec1 | 301,063,531.748731 | bsc | Address |
| 60-day total | Contract 0xb300…028d | Unverified contract 0x6aba…1b90 | 281,546,533.2984937 | bsc | Address |
| 60-day total | Lock contract 0xd229…a457 | Address 0x1a89…b7d3 | 266,666,666.67 | bsc | Address |
| 60-day total | Lock contract 0xd229…a457 | Address 0xf3bf…a0b6 | 236,250,000 | bsc | Address |
| 60-day total | Lock contract 0xd229…a457 | Address 0x9b2a…7c87 | 236,250,000 | bsc | Address |
| 60-day total | Contract 0xb300…028d | Unverified contract 0x5e2d…584a | 234,236,906.95741767 | bsc | Address |
Corrections and responses
Corrections made after publication, and responses from projects the report names. Responses are summarised faithfully; what we checked is marked separately.
- 2026-10-25CorrectionArchived version — review pending. This report has not completed review under the current evidence and reasoning checks. The original is retained for traceability. Its figures, address attribution and explanations have not been revalidated and do not describe current market conditions. Read the corrections and limitations before use.
- 2026-10-25CorrectionSome versions in this series described unavailable same-name spot archives as “Binance has no same-name spot market.” Missing data does not establish that a market was not listed. The cited evidence also does not establish why funding settlement intervals changed; a later reversal or other venues’ intervals cannot by themselves establish routine intervention. The original text is retained, and these statements remain under review.
- 2026-10-25CorrectionReplaced by a primary-source retrospective revision. The original OI figures were assigned incorrect hourly timestamps because source CSV order was mistaken for chronological order. Unverified actor, vesting and destination claims are withdrawn; see the revised report for its narrower scope.