{"query":{"project":"crossrate-markets","mode":"browse","limit":50},"items":[{"id":"state:4a81e744-ed21-4ead-b4e8-3a07c3a54e6d:market_status:41207","revision":1,"op":"upsert","type":"market.status_changed","domain":"market","origin":"live","project":{"slug":"crossrate-markets","name":"Crossrate Markets","url":"https://heyresearch.xyz/project/crossrate-markets"},"occurredAt":null,"precision":"OBSERVED","detectedAt":"2026-10-31T17:13:58.273Z","recordedAt":"2026-10-31T17:15:03.438Z","summary":"Token market moved from Trading inactive to Active market","before":"TRADING_INACTIVE","after":"ACTIVE_MARKET","evidence":[{"id":"state:4a81e744-ed21-4ead-b4e8-3a07c3a54e6d:market_status:41207","label":"HEY state record"}],"source":"hey_state","facts":{"key":"market_status","scoringVersion":"hbm-v32"},"links":{"project":"https://heyresearch.xyz/project/crossrate-markets","evidence":"https://heyresearch.xyz/api/evidence/state%3A4a81e744-ed21-4ead-b4e8-3a07c3a54e6d%3Amarket_status%3A41207","timeline":"https://heyresearch.xyz/api/projects/crossrate-markets/timeline"}},{"id":"state:4a81e744-ed21-4ead-b4e8-3a07c3a54e6d:market_status:41011","revision":1,"op":"upsert","type":"market.status_changed","domain":"market","origin":"live","project":{"slug":"crossrate-markets","name":"Crossrate Markets","url":"https://heyresearch.xyz/project/crossrate-markets"},"occurredAt":null,"precision":"OBSERVED","detectedAt":"2026-10-31T05:06:09.430Z","recordedAt":"2026-10-31T05:10:04.633Z","summary":"Token market moved from Active market to Trading inactive","before":"ACTIVE_MARKET","after":"TRADING_INACTIVE","evidence":[{"id":"state:4a81e744-ed21-4ead-b4e8-3a07c3a54e6d:market_status:41011","label":"HEY state record"}],"source":"hey_state","facts":{"key":"market_status","scoringVersion":"hbm-v32"},"links":{"project":"https://heyresearch.xyz/project/crossrate-markets","evidence":"https://heyresearch.xyz/api/evidence/state%3A4a81e744-ed21-4ead-b4e8-3a07c3a54e6d%3Amarket_status%3A41011","timeline":"https://heyresearch.xyz/api/projects/crossrate-markets/timeline"}},{"id":"state:4a81e744-ed21-4ead-b4e8-3a07c3a54e6d:market_status:40669","revision":1,"op":"upsert","type":"market.status_changed","domain":"market","origin":"live","project":{"slug":"crossrate-markets","name":"Crossrate Markets","url":"https://heyresearch.xyz/project/crossrate-markets"},"occurredAt":null,"precision":"OBSERVED","detectedAt":"2026-10-30T13:15:41.260Z","recordedAt":"2026-10-30T13:20:01.489Z","summary":"Token market moved from Liquidity removed to Active market","before":"LIQUIDITY_REMOVED","after":"ACTIVE_MARKET","evidence":[{"id":"state:4a81e744-ed21-4ead-b4e8-3a07c3a54e6d:market_status:40669","label":"HEY state record"}],"source":"hey_state","facts":{"key":"market_status","scoringVersion":"hbm-v32"},"links":{"project":"https://heyresearch.xyz/project/crossrate-markets","evidence":"https://heyresearch.xyz/api/evidence/state%3A4a81e744-ed21-4ead-b4e8-3a07c3a54e6d%3Amarket_status%3A40669","timeline":"https://heyresearch.xyz/api/projects/crossrate-markets/timeline"}},{"id":"state:4a81e744-ed21-4ead-b4e8-3a07c3a54e6d:market_status:40108","revision":1,"op":"upsert","type":"market.status_changed","domain":"market","origin":"live","project":{"slug":"crossrate-markets","name":"Crossrate Markets","url":"https://heyresearch.xyz/project/crossrate-markets"},"occurredAt":null,"precision":"OBSERVED","detectedAt":"2026-10-29T10:09:00.690Z","recordedAt":"2026-10-29T10:10:00.796Z","summary":"Token market moved from Active market to Liquidity no longer detected","before":"ACTIVE_MARKET","after":"LIQUIDITY_REMOVED","evidence":[{"id":"state:4a81e744-ed21-4ead-b4e8-3a07c3a54e6d:market_status:40108","label":"HEY state record"}],"source":"hey_state","facts":{"key":"market_status","scoringVersion":"hbm-v32"},"links":{"project":"https://heyresearch.xyz/project/crossrate-markets","evidence":"https://heyresearch.xyz/api/evidence/state%3A4a81e744-ed21-4ead-b4e8-3a07c3a54e6d%3Amarket_status%3A40108","timeline":"https://heyresearch.xyz/api/projects/crossrate-markets/timeline"}},{"id":"state:4a81e744-ed21-4ead-b4e8-3a07c3a54e6d:market_status:39085","revision":1,"op":"upsert","type":"market.status_changed","domain":"market","origin":"live","project":{"slug":"crossrate-markets","name":"Crossrate Markets","url":"https://heyresearch.xyz/project/crossrate-markets"},"occurredAt":null,"precision":"OBSERVED","detectedAt":"2026-10-28T19:14:36.459Z","recordedAt":"2026-10-28T19:15:01.984Z","summary":"Token market moved from Trading inactive to Active market","before":"TRADING_INACTIVE","after":"ACTIVE_MARKET","evidence":[{"id":"state:4a81e744-ed21-4ead-b4e8-3a07c3a54e6d:market_status:39085","label":"HEY state record"}],"source":"hey_state","annotations":{"signalIds":["signal:412b6155-ff80-456d-b4dd-214ab702cd68"]},"facts":{"key":"market_status","scoringVersion":"hbm-v32"},"links":{"project":"https://heyresearch.xyz/project/crossrate-markets","evidence":"https://heyresearch.xyz/api/evidence/state%3A4a81e744-ed21-4ead-b4e8-3a07c3a54e6d%3Amarket_status%3A39085","timeline":"https://heyresearch.xyz/api/projects/crossrate-markets/timeline"}},{"id":"state:4a81e744-ed21-4ead-b4e8-3a07c3a54e6d:market_status:38919","revision":1,"op":"upsert","type":"market.status_changed","domain":"market","origin":"live","project":{"slug":"crossrate-markets","name":"Crossrate Markets","url":"https://heyresearch.xyz/project/crossrate-markets"},"occurredAt":null,"precision":"OBSERVED","detectedAt":"2026-10-28T10:09:42.907Z","recordedAt":"2026-10-28T10:10:02.986Z","summary":"Token market moved from Active market to Trading inactive","before":"ACTIVE_MARKET","after":"TRADING_INACTIVE","evidence":[{"id":"state:4a81e744-ed21-4ead-b4e8-3a07c3a54e6d:market_status:38919","label":"HEY state record"}],"source":"hey_state","facts":{"key":"market_status","scoringVersion":"hbm-v32"},"links":{"project":"https://heyresearch.xyz/project/crossrate-markets","evidence":"https://heyresearch.xyz/api/evidence/state%3A4a81e744-ed21-4ead-b4e8-3a07c3a54e6d%3Amarket_status%3A38919","timeline":"https://heyresearch.xyz/api/projects/crossrate-markets/timeline"}},{"id":"state:4a81e744-ed21-4ead-b4e8-3a07c3a54e6d:market_status:38442","revision":1,"op":"upsert","type":"market.status_changed","domain":"market","origin":"live","project":{"slug":"crossrate-markets","name":"Crossrate Markets","url":"https://heyresearch.xyz/project/crossrate-markets"},"occurredAt":null,"precision":"OBSERVED","detectedAt":"2026-10-27T13:08:02.611Z","recordedAt":"2026-10-27T13:10:02.711Z","summary":"Token market moved from Liquidity removed to Active market","before":"LIQUIDITY_REMOVED","after":"ACTIVE_MARKET","evidence":[{"id":"state:4a81e744-ed21-4ead-b4e8-3a07c3a54e6d:market_status:38442","label":"HEY state record"}],"source":"hey_state","facts":{"key":"market_status","scoringVersion":"hbm-v32"},"links":{"project":"https://heyresearch.xyz/project/crossrate-markets","evidence":"https://heyresearch.xyz/api/evidence/state%3A4a81e744-ed21-4ead-b4e8-3a07c3a54e6d%3Amarket_status%3A38442","timeline":"https://heyresearch.xyz/api/projects/crossrate-markets/timeline"}},{"id":"state:4a81e744-ed21-4ead-b4e8-3a07c3a54e6d:market_status:37909","revision":1,"op":"upsert","type":"market.status_changed","domain":"market","origin":"live","project":{"slug":"crossrate-markets","name":"Crossrate Markets","url":"https://heyresearch.xyz/project/crossrate-markets"},"occurredAt":null,"precision":"OBSERVED","detectedAt":"2026-10-26T11:09:40.706Z","recordedAt":"2026-10-26T11:10:00.727Z","summary":"Token market moved from Active market to Liquidity no longer detected","before":"ACTIVE_MARKET","after":"LIQUIDITY_REMOVED","evidence":[{"id":"state:4a81e744-ed21-4ead-b4e8-3a07c3a54e6d:market_status:37909","label":"HEY state record"}],"source":"hey_state","facts":{"key":"market_status","scoringVersion":"hbm-v32"},"links":{"project":"https://heyresearch.xyz/project/crossrate-markets","evidence":"https://heyresearch.xyz/api/evidence/state%3A4a81e744-ed21-4ead-b4e8-3a07c3a54e6d%3Amarket_status%3A37909","timeline":"https://heyresearch.xyz/api/projects/crossrate-markets/timeline"}},{"id":"state:4a81e744-ed21-4ead-b4e8-3a07c3a54e6d:market_status:37885","revision":1,"op":"upsert","type":"market.status_changed","domain":"market","origin":"live","project":{"slug":"crossrate-markets","name":"Crossrate Markets","url":"https://heyresearch.xyz/project/crossrate-markets"},"occurredAt":null,"precision":"OBSERVED","detectedAt":"2026-10-26T09:08:22.282Z","recordedAt":"2026-10-26T09:10:02.524Z","summary":"Token market moved from Liquidity removed to Active market","before":"LIQUIDITY_REMOVED","after":"ACTIVE_MARKET","evidence":[{"id":"state:4a81e744-ed21-4ead-b4e8-3a07c3a54e6d:market_status:37885","label":"HEY state record"}],"source":"hey_state","facts":{"key":"market_status","scoringVersion":"hbm-v32"},"links":{"project":"https://heyresearch.xyz/project/crossrate-markets","evidence":"https://heyresearch.xyz/api/evidence/state%3A4a81e744-ed21-4ead-b4e8-3a07c3a54e6d%3Amarket_status%3A37885","timeline":"https://heyresearch.xyz/api/projects/crossrate-markets/timeline"}},{"id":"state:4a81e744-ed21-4ead-b4e8-3a07c3a54e6d:market_status:37472","revision":1,"op":"upsert","type":"market.status_changed","domain":"market","origin":"live","project":{"slug":"crossrate-markets","name":"Crossrate Markets","url":"https://heyresearch.xyz/project/crossrate-markets"},"occurredAt":null,"precision":"OBSERVED","detectedAt":"2026-10-25T08:15:01.059Z","recordedAt":"2026-10-25T08:20:01.517Z","summary":"Token market moved from Active market to Liquidity no longer detected","before":"ACTIVE_MARKET","after":"LIQUIDITY_REMOVED","evidence":[{"id":"state:4a81e744-ed21-4ead-b4e8-3a07c3a54e6d:market_status:37472","label":"HEY state record"}],"source":"hey_state","facts":{"key":"market_status","scoringVersion":"hbm-v32"},"links":{"project":"https://heyresearch.xyz/project/crossrate-markets","evidence":"https://heyresearch.xyz/api/evidence/state%3A4a81e744-ed21-4ead-b4e8-3a07c3a54e6d%3Amarket_status%3A37472","timeline":"https://heyresearch.xyz/api/projects/crossrate-markets/timeline"}},{"id":"state:4a81e744-ed21-4ead-b4e8-3a07c3a54e6d:market_status:36882","revision":1,"op":"upsert","type":"market.status_changed","domain":"market","origin":"live","project":{"slug":"crossrate-markets","name":"Crossrate Markets","url":"https://heyresearch.xyz/project/crossrate-markets"},"occurredAt":null,"precision":"OBSERVED","detectedAt":"2026-10-24T05:17:10.554Z","recordedAt":"2026-10-24T05:20:00.600Z","summary":"Token market moved from Liquidity removed to Active market","before":"LIQUIDITY_REMOVED","after":"ACTIVE_MARKET","evidence":[{"id":"state:4a81e744-ed21-4ead-b4e8-3a07c3a54e6d:market_status:36882","label":"HEY state record"}],"source":"hey_state","facts":{"key":"market_status","scoringVersion":"hbm-v32"},"links":{"project":"https://heyresearch.xyz/project/crossrate-markets","evidence":"https://heyresearch.xyz/api/evidence/state%3A4a81e744-ed21-4ead-b4e8-3a07c3a54e6d%3Amarket_status%3A36882","timeline":"https://heyresearch.xyz/api/projects/crossrate-markets/timeline"}},{"id":"state:4a81e744-ed21-4ead-b4e8-3a07c3a54e6d:market_status:35539","revision":1,"op":"upsert","type":"market.status_changed","domain":"market","origin":"live","project":{"slug":"crossrate-markets","name":"Crossrate Markets","url":"https://heyresearch.xyz/project/crossrate-markets"},"occurredAt":null,"precision":"OBSERVED","detectedAt":"2026-10-22T00:13:58.199Z","recordedAt":"2026-10-22T00:15:03.227Z","summary":"Token market moved from Active market to Liquidity no longer detected","before":"ACTIVE_MARKET","after":"LIQUIDITY_REMOVED","evidence":[{"id":"state:4a81e744-ed21-4ead-b4e8-3a07c3a54e6d:market_status:35539","label":"HEY state record"}],"source":"hey_state","facts":{"key":"market_status","scoringVersion":"hbm-v32"},"links":{"project":"https://heyresearch.xyz/project/crossrate-markets","evidence":"https://heyresearch.xyz/api/evidence/state%3A4a81e744-ed21-4ead-b4e8-3a07c3a54e6d%3Amarket_status%3A35539","timeline":"https://heyresearch.xyz/api/projects/crossrate-markets/timeline"}},{"id":"state:4a81e744-ed21-4ead-b4e8-3a07c3a54e6d:market_status:34581","revision":1,"op":"upsert","type":"market.status_changed","domain":"market","origin":"live","project":{"slug":"crossrate-markets","name":"Crossrate Markets","url":"https://heyresearch.xyz/project/crossrate-markets"},"occurredAt":null,"precision":"OBSERVED","detectedAt":"2026-10-20T05:15:43.583Z","recordedAt":"2026-10-20T05:20:03.690Z","summary":"Token market moved from Liquidity removed to Active market","before":"LIQUIDITY_REMOVED","after":"ACTIVE_MARKET","evidence":[{"id":"state:4a81e744-ed21-4ead-b4e8-3a07c3a54e6d:market_status:34581","label":"HEY state record"}],"source":"hey_state","facts":{"key":"market_status","scoringVersion":"hbm-v32"},"links":{"project":"https://heyresearch.xyz/project/crossrate-markets","evidence":"https://heyresearch.xyz/api/evidence/state%3A4a81e744-ed21-4ead-b4e8-3a07c3a54e6d%3Amarket_status%3A34581","timeline":"https://heyresearch.xyz/api/projects/crossrate-markets/timeline"}},{"id":"state:4a81e744-ed21-4ead-b4e8-3a07c3a54e6d:market_status:34401","revision":1,"op":"upsert","type":"market.status_changed","domain":"market","origin":"live","project":{"slug":"crossrate-markets","name":"Crossrate Markets","url":"https://heyresearch.xyz/project/crossrate-markets"},"occurredAt":null,"precision":"OBSERVED","detectedAt":"2026-10-20T02:18:26.330Z","recordedAt":"2026-10-20T02:20:01.367Z","summary":"Token market moved from Active market to Liquidity no longer detected","before":"ACTIVE_MARKET","after":"LIQUIDITY_REMOVED","evidence":[{"id":"state:4a81e744-ed21-4ead-b4e8-3a07c3a54e6d:market_status:34401","label":"HEY state record"}],"source":"hey_state","facts":{"key":"market_status","scoringVersion":"hbm-v32"},"links":{"project":"https://heyresearch.xyz/project/crossrate-markets","evidence":"https://heyresearch.xyz/api/evidence/state%3A4a81e744-ed21-4ead-b4e8-3a07c3a54e6d%3Amarket_status%3A34401","timeline":"https://heyresearch.xyz/api/projects/crossrate-markets/timeline"}},{"id":"state:4a81e744-ed21-4ead-b4e8-3a07c3a54e6d:market_status:33738","revision":1,"op":"upsert","type":"market.status_changed","domain":"market","origin":"live","project":{"slug":"crossrate-markets","name":"Crossrate Markets","url":"https://heyresearch.xyz/project/crossrate-markets"},"occurredAt":null,"precision":"OBSERVED","detectedAt":"2026-10-18T19:07:15.541Z","recordedAt":"2026-10-18T19:10:00.769Z","summary":"Token market moved from Liquidity removed to Active market","before":"LIQUIDITY_REMOVED","after":"ACTIVE_MARKET","evidence":[{"id":"state:4a81e744-ed21-4ead-b4e8-3a07c3a54e6d:market_status:33738","label":"HEY state record"}],"source":"hey_state","facts":{"key":"market_status","scoringVersion":"hbm-v31"},"links":{"project":"https://heyresearch.xyz/project/crossrate-markets","evidence":"https://heyresearch.xyz/api/evidence/state%3A4a81e744-ed21-4ead-b4e8-3a07c3a54e6d%3Amarket_status%3A33738","timeline":"https://heyresearch.xyz/api/projects/crossrate-markets/timeline"}},{"id":"state:4a81e744-ed21-4ead-b4e8-3a07c3a54e6d:market_status:32754","revision":1,"op":"upsert","type":"market.status_changed","domain":"market","origin":"live","project":{"slug":"crossrate-markets","name":"Crossrate Markets","url":"https://heyresearch.xyz/project/crossrate-markets"},"occurredAt":null,"precision":"OBSERVED","detectedAt":"2026-10-16T16:06:24.280Z","recordedAt":"2026-10-16T16:10:04.354Z","summary":"Token market moved from Active market to Liquidity no longer detected","before":"ACTIVE_MARKET","after":"LIQUIDITY_REMOVED","evidence":[{"id":"state:4a81e744-ed21-4ead-b4e8-3a07c3a54e6d:market_status:32754","label":"HEY state record"}],"source":"hey_state","annotations":{"signalIds":["signal:5c42d1bb-bf3e-4bbb-9f47-32742d607d3d"]},"facts":{"key":"market_status","scoringVersion":"hbm-v30"},"links":{"project":"https://heyresearch.xyz/project/crossrate-markets","evidence":"https://heyresearch.xyz/api/evidence/state%3A4a81e744-ed21-4ead-b4e8-3a07c3a54e6d%3Amarket_status%3A32754","timeline":"https://heyresearch.xyz/api/projects/crossrate-markets/timeline"}},{"id":"state:4a81e744-ed21-4ead-b4e8-3a07c3a54e6d:market_status:29884","revision":1,"op":"upsert","type":"market.status_changed","domain":"market","origin":"live","project":{"slug":"crossrate-markets","name":"Crossrate Markets","url":"https://heyresearch.xyz/project/crossrate-markets"},"occurredAt":null,"precision":"OBSERVED","detectedAt":"2026-10-12T03:09:26.242Z","recordedAt":"2026-10-12T03:10:01.369Z","summary":"Token market moved from Active market to Trading inactive","before":"ACTIVE_MARKET","after":"TRADING_INACTIVE","evidence":[{"id":"state:4a81e744-ed21-4ead-b4e8-3a07c3a54e6d:market_status:29884","label":"HEY state record"}],"source":"hey_state","facts":{"key":"market_status","scoringVersion":"hbm-v27"},"links":{"project":"https://heyresearch.xyz/project/crossrate-markets","evidence":"https://heyresearch.xyz/api/evidence/state%3A4a81e744-ed21-4ead-b4e8-3a07c3a54e6d%3Amarket_status%3A29884","timeline":"https://heyresearch.xyz/api/projects/crossrate-markets/timeline"}},{"id":"signal:569c2f5d-3c06-432b-acdc-c6199b6d3f03","revision":2,"op":"retract","recordedAt":"2026-10-17T21:50:02.799Z"},{"id":"signal:9a441cb9-1e0b-4899-b09d-9b0a6358d013","revision":1,"op":"upsert","type":"market.liquidity_moved","domain":"market","origin":"live","project":{"slug":"crossrate-markets","name":"Crossrate Markets","url":"https://heyresearch.xyz/project/crossrate-markets"},"occurredAt":"2026-09-29T07:11:17.885Z","precision":"WINDOW","detectedAt":"2026-09-29T07:11:21.316Z","recordedAt":"2026-09-29T07:15:03.119Z","summary":"Liquidity $31K → $9K in a week","before":30731,"after":9242.11,"evidence":[{"id":"signal:9a441cb9-1e0b-4899-b09d-9b0a6358d013","label":"HEY Signal"},{"id":"signal:9a441cb9-1e0b-4899-b09d-9b0a6358d013","url":"https://heyresearch.xyz/project/crossrate-markets/market#history","label":"Liquidity, day by day"}],"source":"hey_signal","facts":{"kind":"liquidity_drop","unit":"usd","detail":"Down 70% between 2026-09-22 and 2026-09-29, as DEX Screener read the pool. A fact HEY measured, not a verdict on why.","changePct":-69.9},"links":{"project":"https://heyresearch.xyz/project/crossrate-markets","evidence":"https://heyresearch.xyz/api/evidence/signal%3A9a441cb9-1e0b-4899-b09d-9b0a6358d013","timeline":"https://heyresearch.xyz/api/projects/crossrate-markets/timeline"}},{"id":"integrity:c2a709f1-fa98-430a-8d37-466a4b3eba6e:activity:2026-09-15","revision":3,"op":"upsert","type":"market_integrity.event","domain":"market_integrity","origin":"live","project":{"slug":"crossrate-markets","name":"Crossrate Markets","url":"https://heyresearch.xyz/project/crossrate-markets"},"token":{"chainId":4663,"address":"0x4ed2692f5e108724a919de5fcbf267f231d5e333"},"occurredAt":null,"precision":"OBSERVED","detectedAt":"2026-09-24T21:29:05.992Z","recordedAt":"2026-10-16T11:35:03.419Z","summary":"Trading fell from 4,565 trades a day (the seven days to 2026-09-15) to 185 a day in the seven days to 2026-09-26, in HEY's decoded on-chain trades.","evidence":[{"id":"integrity:c2a709f1-fa98-430a-8d37-466a4b3eba6e:activity:2026-09-15","label":"HEY market index"}],"source":"hey_market_index","facts":{"kind":"MARKET_ACTIVITY_COLLAPSE","changePct":-95.96,"confidence":"medium","peakWeekEnd":"2026-09-15","recentWeekEnd":"2026-09-26","peakTradesPerDay":4565.3,"recentTradesPerDay":184.5},"links":{"project":"https://heyresearch.xyz/project/crossrate-markets","evidence":"https://heyresearch.xyz/api/evidence/integrity%3Ac2a709f1-fa98-430a-8d37-466a4b3eba6e%3Aactivity%3A2026-09-15","timeline":"https://heyresearch.xyz/api/projects/crossrate-markets/timeline"}},{"id":"signal:dc88abd9-f71e-4f63-8fe3-cb961805a53e","revision":2,"op":"retract","recordedAt":"2026-10-17T21:50:02.799Z"},{"id":"signal:9fed8e48-0e47-40e4-9d4a-0a1a419a4995","revision":1,"op":"upsert","type":"market.liquidity_moved","domain":"market","origin":"bootstrap","project":{"slug":"crossrate-markets","name":"Crossrate Markets","url":"https://heyresearch.xyz/project/crossrate-markets"},"occurredAt":"2026-09-22T06:12:41.658Z","precision":"WINDOW","detectedAt":"2026-09-22T06:12:43.519Z","recordedAt":"2026-09-26T11:36:11.580Z","summary":"Liquidity $66K → $31K in a week","before":66138.3,"after":30731,"evidence":[{"id":"signal:9fed8e48-0e47-40e4-9d4a-0a1a419a4995","label":"HEY Signal"},{"id":"signal:9fed8e48-0e47-40e4-9d4a-0a1a419a4995","url":"https://heyresearch.xyz/project/crossrate-markets/market#history","label":"Liquidity, day by day"}],"source":"hey_signal","facts":{"kind":"liquidity_drop","unit":"usd","detail":"Down 53% between 2026-09-15 and 2026-09-22, as DEX Screener read the pool. A fact HEY measured, not a verdict on why.","changePct":-53.5},"links":{"project":"https://heyresearch.xyz/project/crossrate-markets","evidence":"https://heyresearch.xyz/api/evidence/signal%3A9fed8e48-0e47-40e4-9d4a-0a1a419a4995","timeline":"https://heyresearch.xyz/api/projects/crossrate-markets/timeline"}},{"id":"signal:b4f2316c-04d6-4fe4-9e7d-a6dd264f71dd","revision":1,"op":"upsert","type":"market.distribution_changed","domain":"market","origin":"bootstrap","project":{"slug":"crossrate-markets","name":"Crossrate Markets","url":"https://heyresearch.xyz/project/crossrate-markets"},"occurredAt":"2026-09-21T01:08:49.543Z","precision":"WINDOW","detectedAt":"2026-09-21T01:08:51.549Z","recordedAt":"2026-09-26T11:36:11.580Z","summary":"Outside pools and burns, 20 addresses now hold half the supply","before":25,"after":20,"evidence":[{"id":"signal:b4f2316c-04d6-4fe4-9e7d-a6dd264f71dd","label":"HEY Signal"},{"id":"signal:b4f2316c-04d6-4fe4-9e7d-a6dd264f71dd","url":"https://heyresearch.xyz/project/crossrate-markets","label":"Distribution"}],"source":"hey_signal","facts":{"kind":"concentration_rose","unit":"addresses","detail":"Down from 25. The count and the supply it is measured against both exclude pools, lockers and burn addresses."},"links":{"project":"https://heyresearch.xyz/project/crossrate-markets","evidence":"https://heyresearch.xyz/api/evidence/signal%3Ab4f2316c-04d6-4fe4-9e7d-a6dd264f71dd","timeline":"https://heyresearch.xyz/api/projects/crossrate-markets/timeline"}},{"id":"source:915459e9-7346-4a8a-9c7e-4500aa2698ff:added","revision":1,"op":"upsert","type":"research.source_added","domain":"research","origin":"bootstrap","project":{"slug":"crossrate-markets","name":"Crossrate Markets","url":"https://heyresearch.xyz/project/crossrate-markets"},"occurredAt":null,"precision":"OBSERVED","detectedAt":"2026-09-18T20:12:17.305Z","recordedAt":"2026-09-26T11:36:11.580Z","summary":"Official source added: telegram","evidence":[{"id":"source:915459e9-7346-4a8a-9c7e-4500aa2698ff","url":"https://t.me/crossmarkets_rh","label":"Telegram"}],"source":"geckoterminal-info","facts":{"sourceType":"TELEGRAM"},"links":{"project":"https://heyresearch.xyz/project/crossrate-markets","evidence":"https://heyresearch.xyz/api/evidence/source%3A915459e9-7346-4a8a-9c7e-4500aa2698ff","timeline":"https://heyresearch.xyz/api/projects/crossrate-markets/timeline"}},{"id":"signal:2459c53d-f96b-47a2-b341-606848bdc230","revision":1,"op":"upsert","type":"market.status_changed","domain":"market","origin":"bootstrap","project":{"slug":"crossrate-markets","name":"Crossrate Markets","url":"https://heyresearch.xyz/project/crossrate-markets"},"occurredAt":null,"precision":"OBSERVED","detectedAt":"2026-09-15T04:14:02.494Z","recordedAt":"2026-09-26T11:36:11.580Z","summary":"Trading again","evidence":[{"id":"signal:2459c53d-f96b-47a2-b341-606848bdc230","label":"HEY Signal"},{"id":"signal:2459c53d-f96b-47a2-b341-606848bdc230","url":"https://heyresearch.xyz/project/crossrate-markets-4","label":"Project page"}],"source":"hey_signal","facts":{"kind":"market_active","unit":"market_status","detail":"Market status moved from insufficient data to an active market: trades in the last day."},"links":{"project":"https://heyresearch.xyz/project/crossrate-markets","evidence":"https://heyresearch.xyz/api/evidence/signal%3A2459c53d-f96b-47a2-b341-606848bdc230","timeline":"https://heyresearch.xyz/api/projects/crossrate-markets/timeline"}},{"id":"narrative:4a81e744-ed21-4ead-b4e8-3a07c3a54e6d:launchpad","revision":2,"op":"upsert","type":"research.narrative_assigned","domain":"research","origin":"bootstrap","project":{"slug":"crossrate-markets","name":"Crossrate Markets","url":"https://heyresearch.xyz/project/crossrate-markets"},"occurredAt":null,"precision":"OBSERVED","detectedAt":"2026-09-15T01:40:47.235Z","recordedAt":"2026-09-30T10:50:04.943Z","summary":"Primary narrative: Launchpad","evidence":[{"id":"narrative:4a81e744-ed21-4ead-b4e8-3a07c3a54e6d:launchpad","url":"https://heyresearch.xyz/narrative/launchpad","label":"Narrative"}],"source":"hey_rules","facts":{"primary":true,"narrative":"launchpad"},"links":{"project":"https://heyresearch.xyz/project/crossrate-markets","evidence":"https://heyresearch.xyz/api/evidence/narrative%3A4a81e744-ed21-4ead-b4e8-3a07c3a54e6d%3Alaunchpad","timeline":"https://heyresearch.xyz/api/projects/crossrate-markets/timeline"}}],"nextCursor":null,"hasMore":false,"ledger":{"collectionStart":"2026-09-26T11:35:57.227Z","transitionsFrom":"2026-09-26T11:32:48.791Z","newestRecordedAt":"2026-11-02T01:05:03.407Z","projectorRanAt":"2026-11-02T01:05:03.407Z"},"disclaimer":"Public, source-backed activity HEY recorded. Still Building means counted ships during a market drawdown HEY itself tracked — it is not a prediction, not a ranking by price, and not investment advice. Few projects meet Still Building or Under the Radar at any time; both are strict by design, and list responses carry the counts."}