{"query":{"project":"index-liquid","mode":"browse","limit":50},"items":[{"id":"state:20a2c9c2-ccd8-4bd3-93d8-ee9ec3a558e0:catalog_status:40331","revision":1,"op":"upsert","type":"research.published","domain":"research","origin":"live","project":{"slug":"index-liquid","name":"Index Liquid","url":"https://heyresearch.xyz/project/index-liquid"},"occurredAt":null,"precision":"OBSERVED","detectedAt":"2026-10-29T22:13:51.660Z","recordedAt":"2026-10-29T22:15:01.690Z","summary":"Project page published","before":null,"after":"QUALIFIED","evidence":[{"id":"state:20a2c9c2-ccd8-4bd3-93d8-ee9ec3a558e0:catalog_status:40331","label":"HEY state record"}],"source":"hey_state","facts":{"key":"catalog_status","scoringVersion":"hbm-v32"},"links":{"project":"https://heyresearch.xyz/project/index-liquid","evidence":"https://heyresearch.xyz/api/evidence/state%3A20a2c9c2-ccd8-4bd3-93d8-ee9ec3a558e0%3Acatalog_status%3A40331","timeline":"https://heyresearch.xyz/api/projects/index-liquid/timeline"}},{"id":"narrative:20a2c9c2-ccd8-4bd3-93d8-ee9ec3a558e0:perps","revision":1,"op":"upsert","type":"research.narrative_assigned","domain":"research","origin":"live","project":{"slug":"index-liquid","name":"Index Liquid","url":"https://heyresearch.xyz/project/index-liquid"},"occurredAt":null,"precision":"OBSERVED","detectedAt":"2026-10-29T22:09:16.194Z","recordedAt":"2026-10-29T22:10:01.249Z","summary":"Primary narrative: Perps","evidence":[{"id":"narrative:20a2c9c2-ccd8-4bd3-93d8-ee9ec3a558e0:perps","url":"https://heyresearch.xyz/narrative/perps","label":"Narrative"}],"source":"hey_rules","facts":{"primary":true,"narrative":"perps"},"links":{"project":"https://heyresearch.xyz/project/index-liquid","evidence":"https://heyresearch.xyz/api/evidence/narrative%3A20a2c9c2-ccd8-4bd3-93d8-ee9ec3a558e0%3Aperps","timeline":"https://heyresearch.xyz/api/projects/index-liquid/timeline"}}],"nextCursor":null,"hasMore":false,"ledger":{"collectionStart":"2026-09-26T11:35:57.227Z","transitionsFrom":"2026-09-26T11:32:48.791Z","newestRecordedAt":"2026-10-30T00:10:03.018Z","projectorRanAt":"2026-10-30T00:10:03.018Z"},"disclaimer":"Public, source-backed activity HEY recorded. Still Building means verified activity through a tracked market drawdown — 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."}