{"query":{"project":"down-to-finance","mode":"browse","limit":50},"items":[{"id":"signal:2024220c-061f-4fb5-9da8-0aee12f198e7","revision":1,"op":"upsert","type":"market.volume_spike","domain":"market","origin":"live","project":{"slug":"down-to-finance","name":"Down to Finance","url":"https://heyresearch.xyz/project/down-to-finance"},"occurredAt":"2026-10-30T18:07:39.216Z","precision":"WINDOW","detectedAt":"2026-10-30T18:07:44.521Z","recordedAt":"2026-10-30T18:10:04.283Z","summary":"$11K traded on 2026-10-30, 5.1× a typical day","before":2079.2,"after":10636.21,"evidence":[{"id":"signal:2024220c-061f-4fb5-9da8-0aee12f198e7","label":"HEY Signal"},{"id":"signal:2024220c-061f-4fb5-9da8-0aee12f198e7","url":"https://heyresearch.xyz/project/down-to-finance/market#trading","label":"Trading, day by day"}],"source":"hey_signal","facts":{"kind":"volume_spike","unit":"usd/day","detail":"The week's typical day was $2K. Volume is context, never a ranking input.","changePct":411.6},"links":{"project":"https://heyresearch.xyz/project/down-to-finance","evidence":"https://heyresearch.xyz/api/evidence/signal%3A2024220c-061f-4fb5-9da8-0aee12f198e7","timeline":"https://heyresearch.xyz/api/projects/down-to-finance/timeline"}},{"id":"signal:45af33f4-87ba-40aa-83ba-8883522cd047","revision":1,"op":"upsert","type":"market.volume_spike","domain":"market","origin":"live","project":{"slug":"down-to-finance","name":"Down to Finance","url":"https://heyresearch.xyz/project/down-to-finance"},"occurredAt":"2026-10-24T13:09:12.237Z","precision":"WINDOW","detectedAt":"2026-10-24T13:09:16.478Z","recordedAt":"2026-10-24T13:10:02.486Z","summary":"$10K traded on 2026-10-24, 5.3× a typical day","before":1907.89,"after":10024.38,"evidence":[{"id":"signal:45af33f4-87ba-40aa-83ba-8883522cd047","label":"HEY Signal"},{"id":"signal:45af33f4-87ba-40aa-83ba-8883522cd047","url":"https://heyresearch.xyz/project/down-to-finance/market#trading","label":"Trading, day by day"}],"source":"hey_signal","facts":{"kind":"volume_spike","unit":"usd/day","detail":"The week's typical day was $2K. Volume is context, never a ranking input.","changePct":425.4},"links":{"project":"https://heyresearch.xyz/project/down-to-finance","evidence":"https://heyresearch.xyz/api/evidence/signal%3A45af33f4-87ba-40aa-83ba-8883522cd047","timeline":"https://heyresearch.xyz/api/projects/down-to-finance/timeline"}},{"id":"signal:beb3ecfa-1d81-4349-b15b-3c154c001d61","revision":1,"op":"upsert","type":"market.volume_spike","domain":"market","origin":"live","project":{"slug":"down-to-finance","name":"Down to Finance","url":"https://heyresearch.xyz/project/down-to-finance"},"occurredAt":"2026-10-21T12:15:08.958Z","precision":"WINDOW","detectedAt":"2026-10-21T12:15:12.606Z","recordedAt":"2026-10-21T12:20:04.009Z","summary":"$12K traded on 2026-10-21, 4.6× a typical day","before":2607.92,"after":12026.29,"evidence":[{"id":"signal:beb3ecfa-1d81-4349-b15b-3c154c001d61","label":"HEY Signal"},{"id":"signal:beb3ecfa-1d81-4349-b15b-3c154c001d61","url":"https://heyresearch.xyz/project/down-to-finance/market#trading","label":"Trading, day by day"}],"source":"hey_signal","facts":{"kind":"volume_spike","unit":"usd/day","detail":"The week's typical day was $3K. Volume is context, never a ranking input.","changePct":361.1},"links":{"project":"https://heyresearch.xyz/project/down-to-finance","evidence":"https://heyresearch.xyz/api/evidence/signal%3Abeb3ecfa-1d81-4349-b15b-3c154c001d61","timeline":"https://heyresearch.xyz/api/projects/down-to-finance/timeline"}},{"id":"signal:625e9b94-8d48-4667-8288-7faa536583b5","revision":2,"op":"retract","recordedAt":"2026-10-17T21:50:02.799Z"},{"id":"signal:740b1f61-aeb1-4474-b7e8-703ed91f8096","revision":1,"op":"upsert","type":"market.distribution_changed","domain":"market","origin":"live","project":{"slug":"down-to-finance","name":"Down to Finance","url":"https://heyresearch.xyz/project/down-to-finance"},"occurredAt":"2026-10-04T01:18:16.625Z","precision":"WINDOW","detectedAt":"2026-10-04T01:18:19.943Z","recordedAt":"2026-10-04T01:25:12.508Z","summary":"Outside pools, lockers and burns, 6 addresses now hold half of the remaining supply","before":13,"after":6,"evidence":[{"id":"signal:740b1f61-aeb1-4474-b7e8-703ed91f8096","label":"HEY Signal"},{"id":"signal:740b1f61-aeb1-4474-b7e8-703ed91f8096","url":"https://heyresearch.xyz/project/down-to-finance","label":"Distribution"}],"source":"hey_signal","facts":{"kind":"concentration_rose","unit":"addresses","detail":"Down from 13. The count and the supply it is measured against both exclude pools, lockers and burn addresses."},"links":{"project":"https://heyresearch.xyz/project/down-to-finance","evidence":"https://heyresearch.xyz/api/evidence/signal%3A740b1f61-aeb1-4474-b7e8-703ed91f8096","timeline":"https://heyresearch.xyz/api/projects/down-to-finance/timeline"}},{"id":"source:1f9d7a5a-0f3e-4166-b874-42e7a55d2306:added","revision":1,"op":"upsert","type":"research.source_added","domain":"research","origin":"live","project":{"slug":"down-to-finance","name":"Down to Finance","url":"https://heyresearch.xyz/project/down-to-finance"},"occurredAt":null,"precision":"OBSERVED","detectedAt":"2026-10-02T21:12:27.798Z","recordedAt":"2026-10-02T21:15:02.981Z","summary":"Official source added: x","evidence":[{"id":"source:1f9d7a5a-0f3e-4166-b874-42e7a55d2306","url":"https://x.com/indexedex","label":"X"}],"source":"website_crawl","facts":{"sourceType":"X"},"links":{"project":"https://heyresearch.xyz/project/down-to-finance","evidence":"https://heyresearch.xyz/api/evidence/source%3A1f9d7a5a-0f3e-4166-b874-42e7a55d2306","timeline":"https://heyresearch.xyz/api/projects/down-to-finance/timeline"}},{"id":"signal:e75bc085-e210-4499-86a9-70d0b1e06a13","revision":1,"op":"upsert","type":"market.volume_spike","domain":"market","origin":"live","project":{"slug":"down-to-finance","name":"Down to Finance","url":"https://heyresearch.xyz/project/down-to-finance"},"occurredAt":"2026-09-30T00:13:33.697Z","precision":"WINDOW","detectedAt":"2026-09-30T00:13:44.310Z","recordedAt":"2026-09-30T00:15:08.752Z","summary":"$31K traded on 2026-09-30, 3.2× a typical day","before":9548.85,"after":30855.814947,"evidence":[{"id":"signal:e75bc085-e210-4499-86a9-70d0b1e06a13","label":"HEY Signal"},{"id":"signal:e75bc085-e210-4499-86a9-70d0b1e06a13","url":"https://heyresearch.xyz/project/down-to-finance/market#trading","label":"Trading, day by day"}],"source":"hey_signal","facts":{"kind":"volume_spike","unit":"usd/day","detail":"The week's typical day was $10K. Volume is context, never a ranking input.","changePct":223.1},"links":{"project":"https://heyresearch.xyz/project/down-to-finance","evidence":"https://heyresearch.xyz/api/evidence/signal%3Ae75bc085-e210-4499-86a9-70d0b1e06a13","timeline":"https://heyresearch.xyz/api/projects/down-to-finance/timeline"}},{"id":"integrity:47b97805-977d-43e1-9602-081c10d8e23f:activity:2026-08-27","revision":3,"op":"upsert","type":"market_integrity.event","domain":"market_integrity","origin":"live","project":{"slug":"down-to-finance","name":"Down to Finance","url":"https://heyresearch.xyz/project/down-to-finance"},"token":{"chainId":4663,"address":"0xee5576fa1bcaa380e591d01245f406f3f384eb01"},"occurredAt":null,"precision":"OBSERVED","detectedAt":"2026-09-25T00:23:54.924Z","recordedAt":"2026-10-16T11:10:03.128Z","summary":"Trading fell from 46,554 trades a day (the seven days to 2026-08-27) to 498 a day in the seven days to 2026-09-26, in HEY's decoded on-chain trades.","evidence":[{"id":"integrity:47b97805-977d-43e1-9602-081c10d8e23f:activity:2026-08-27","label":"HEY market index"}],"source":"hey_market_index","facts":{"kind":"MARKET_ACTIVITY_COLLAPSE","changePct":-98.93,"confidence":"medium","peakWeekEnd":"2026-08-27","recentWeekEnd":"2026-09-26","peakTradesPerDay":46553.7,"recentTradesPerDay":498.2},"links":{"project":"https://heyresearch.xyz/project/down-to-finance","evidence":"https://heyresearch.xyz/api/evidence/integrity%3A47b97805-977d-43e1-9602-081c10d8e23f%3Aactivity%3A2026-08-27","timeline":"https://heyresearch.xyz/api/projects/down-to-finance/timeline"},"summaryCurrent":"Trading was 498 trades a day in the seven days to 2026-09-26, down from 46,554 a day at its peak in the seven days to 2026-08-27 (30 days earlier), in HEY's decoded on-chain trades."},{"id":"signal:66d344f7-e3b1-4c6f-a63b-122df4d36eca","revision":2,"op":"retract","recordedAt":"2026-10-17T21:50:02.799Z"},{"id":"signal:6b9a8eb5-dfb1-4201-8612-1f056610f866","revision":1,"op":"upsert","type":"market.distribution_changed","domain":"market","origin":"bootstrap","project":{"slug":"down-to-finance","name":"Down to Finance","url":"https://heyresearch.xyz/project/down-to-finance"},"occurredAt":"2026-09-20T01:07:41.298Z","precision":"WINDOW","detectedAt":"2026-09-20T01:07:42.975Z","recordedAt":"2026-09-26T11:40:19.996Z","summary":"Outside pools and burns, 23 addresses now hold half the supply","before":45,"after":23,"evidence":[{"id":"signal:6b9a8eb5-dfb1-4201-8612-1f056610f866","label":"HEY Signal"},{"id":"signal:6b9a8eb5-dfb1-4201-8612-1f056610f866","url":"https://heyresearch.xyz/project/down-to-finance","label":"Distribution"}],"source":"hey_signal","facts":{"kind":"concentration_rose","unit":"addresses","detail":"Down from 45. The count and the supply it is measured against both exclude pools, lockers and burn addresses."},"links":{"project":"https://heyresearch.xyz/project/down-to-finance","evidence":"https://heyresearch.xyz/api/evidence/signal%3A6b9a8eb5-dfb1-4201-8612-1f056610f866","timeline":"https://heyresearch.xyz/api/projects/down-to-finance/timeline"}},{"id":"signal:4e002dba-a95e-4674-bef7-0b0e97ee1142","revision":1,"op":"upsert","type":"market.liquidity_moved","domain":"market","origin":"bootstrap","project":{"slug":"down-to-finance","name":"Down to Finance","url":"https://heyresearch.xyz/project/down-to-finance"},"occurredAt":"2026-09-19T18:05:22.742Z","precision":"WINDOW","detectedAt":"2026-09-19T18:05:24.305Z","recordedAt":"2026-09-26T11:40:19.996Z","summary":"Liquidity $211K → $52K in a week","before":211410.22,"after":52489.37,"evidence":[{"id":"signal:4e002dba-a95e-4674-bef7-0b0e97ee1142","label":"HEY Signal"},{"id":"signal:4e002dba-a95e-4674-bef7-0b0e97ee1142","url":"https://heyresearch.xyz/project/down-to-finance/market#history","label":"Liquidity, day by day"}],"source":"hey_signal","facts":{"kind":"liquidity_drop","unit":"usd","detail":"Down 75% between 2026-09-12 and 2026-09-19, as DEX Screener read the pool. A fact HEY measured, not a verdict on why.","changePct":-75.2},"links":{"project":"https://heyresearch.xyz/project/down-to-finance","evidence":"https://heyresearch.xyz/api/evidence/signal%3A4e002dba-a95e-4674-bef7-0b0e97ee1142","timeline":"https://heyresearch.xyz/api/projects/down-to-finance/timeline"}},{"id":"signal:9f590e1d-e345-4171-8278-2eae2c527d2e","revision":2,"op":"retract","recordedAt":"2026-10-17T21:50:02.799Z"},{"id":"source:d114c096-e071-4224-91b3-95b2d0a631bf:added","revision":2,"op":"retract","recordedAt":"2026-10-12T13:39:30.124Z"},{"id":"source:5afea0e4-12da-4243-9dd8-d1b58b24ef97:added","revision":2,"op":"retract","recordedAt":"2026-10-02T21:15:02.981Z"},{"id":"source:8517cff5-dafe-4bf8-b952-ae89ebc10f3b:added","revision":1,"op":"upsert","type":"research.source_added","domain":"research","origin":"bootstrap","project":{"slug":"down-to-finance","name":"Down to Finance","url":"https://heyresearch.xyz/project/down-to-finance"},"occurredAt":null,"precision":"OBSERVED","detectedAt":"2026-09-12T16:22:05.601Z","recordedAt":"2026-09-26T11:40:19.996Z","summary":"Official source added: website","evidence":[{"id":"source:8517cff5-dafe-4bf8-b952-ae89ebc10f3b","url":"https://downto.finance/","label":"Website"}],"source":"hey_research","facts":{"sourceType":"WEBSITE"},"links":{"project":"https://heyresearch.xyz/project/down-to-finance","evidence":"https://heyresearch.xyz/api/evidence/source%3A8517cff5-dafe-4bf8-b952-ae89ebc10f3b","timeline":"https://heyresearch.xyz/api/projects/down-to-finance/timeline"}}],"nextCursor":null,"hasMore":false,"ledger":{"collectionStart":"2026-09-26T11:35:57.227Z","transitionsFrom":"2026-09-26T11:32:48.791Z","newestRecordedAt":"2026-11-01T01:20:02.584Z","projectorRanAt":"2026-11-01T01:20:02.584Z"},"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."}