{"id":"state:a7396075-d93e-45a7-bd41-4938c6ded764:catalog_status:36830","withdrawn":false,"project":{"slug":"ferm-terminal","name":"Ferm Terminal","url":"https://heyresearch.xyz/project/ferm-terminal"},"domain":"research","claimType":"catalog_status_changed","summary":"Project page published","sourceType":"hey","sourceUrl":null,"publishedAt":null,"detectedAt":"2026-10-24T03:19:33.592Z","precision":"OBSERVED","verification":null,"recordedAt":"2026-10-24T03:19:33.592Z","metadata":{"from":null,"to":"QUALIFIED","scoringVersion":"hbm-v32"},"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."}