A market cap is a price multiplied by a supply. It assumes every coin could be sold at that price. This instrument does not assume it: it asks the router what a real sale returns.
METHOD.DOC, how the number is made
The pass, four steps
- Read the feed. Every 30 minutes the keeper takes the 100 Solana coins with the most traded volume over the last 6 hours.
- Read the claim. The claimed market cap and the 24 hour volume come from DexScreener, from the deepest pair of that mint. When DexScreener has no cap for it, Jupiter's is used and the record says so.
- Quote the way out. Jupiter is asked for a real sale of 1%, 5% and 10% of the circulating float into USDC, at 3% slippage, one quote at a time.
- Write the record. The real cap, the gap and the marks are written into the pass, and the page prints it.
The formula
- Real cap
- exit at 10% of float, times 10
- Gap
- claimed cap over real cap
- Volume ratio
- 24 h volume over claimed cap
- Top ten
- ten largest balances over the supply held
A coin that can sell 10% of its float for $19,400 has a real cap of $194,000, whatever its screens say. Nothing here is adjusted by hand and no coin is on a list.
Thresholds v1, and what a finding is
- Painted, rule 1
- claimed cap is 20 times the real cap or more
- Painted, rule 2
- 24 h volume under 1% of a claimed cap of $1M and up
- Quiet window
- a coin marked in the last 24 hours pays no finding
- Hold to report
- $20 of $CAPCHECK in the signing wallet
- Reward
- 0.01 SOL, ten a day at most
- Unspent rewards
- go into Monday's buyback at the end of the week
- Painted cap of the day
- 00:00 UTC, the widest gap of that day, with its report hash in a memo
Thresholds are versioned. When a number here changes, the version changes with it, and the old records keep the version they were written under.
What this number is not
- It is an estimate from the liquidity that exists at the moment of the quote. Liquidity moves, and a coin can be thin for an hour and deep by evening.
- It is not an accusation. A thin market is not proof of anything about the people behind a coin. No names of people or developers appear anywhere on this site.
- It is not advice. Nothing here says to buy or to sell.
- A locked or vesting supply can make a float look larger than what is really tradable, which moves both numbers in the same direction.
- The word "Official" is a naming pattern. Official Cap Check is not affiliated with DexScreener, Jupiter, pump.fun, or any coin it reads.
Where the money goes
- Creator fees
- accrue on the wallet that launched $CAPCHECK and are forwarded by hand to the keeper
- Rewards
- 40% of what is forwarded
- Buyback and burn
- 50%, every Monday, through Jupiter, burned on chain
- Work
- 10%, the RPC and the server
Every burn prints its signature on the first screen, so the burn can be read on chain instead of believed.
CAPCHECK.ID, this instrument
- Name
- Official Cap Check
- Ticker
- $CAPCHECK
- Fees
- 40% hunter rewards, 50% buyback and burn, 10% work
Mint
not launched yet
Where it lives
Every number on this site is an estimate from live liquidity, not an accusation and not advice.