{"summary":{"version":"summary-v1","lines":[{"dimension":"build","label":"Build","tag":"UNKNOWN","text":"Not measured — no builder source linked: HEY holds no repository, changelog or feed it can read, so no count here is a measured zero.","evidence":[],"basis":"not_held","detailUrl":"https://heyresearch.xyz/api/projects/blackrock/timeline","freshness":"unknown","reason":"no_builder_source","answer":"Not measured — no builder source linked"},{"dimension":"usage","label":"Product usage","tag":"FACT","text":"1 of 1 watched contract active · 657 calls in 7 days — all token transfers and approvals (ERC-20), which trading alone produces; none reached another function HEY watches.","evidence":[],"basis":"usage_reading","detailUrl":"https://heyresearch.xyz/api/projects/blackrock/usage","observedAt":"2026-11-01T00:43:36.666Z","freshness":"fresh"},{"dimension":"market","label":"Market","tag":"FACT","text":"Active market · FDV (fully diluted) $13.6K · liquidity $13.1K (GeckoTerminal, read yesterday) · reading under an hour old (on-chain trades).","evidence":[],"basis":"market_reading","detailUrl":"https://heyresearch.xyz/api/projects/blackrock/market","observedAt":"2026-11-01T14:36:12.910Z","freshness":"fresh"},{"dimension":"contract","label":"Contracts","tag":"FACT","text":"1 contract on record for code changes, 1 with published source code; no implementation or interface change recorded.","evidence":[],"basis":"registry_record","detailUrl":"https://heyresearch.xyz/api/projects/blackrock/contracts","observedAt":"2026-10-31T10:04:11.190Z","freshness":"fresh"},{"dimension":"latestChange","label":"Latest change","tag":"DERIVED","text":"On 2026-09-15: HEY reclassified the project — official source added: telegram.","evidence":[{"id":"source:98d926d4-2ddd-4914-a0e6-c71c14f75da5","label":"Telegram","url":"https://t.me/BlackRock_RH","receiptUrl":"https://heyresearch.xyz/api/evidence/source%3A98d926d4-2ddd-4914-a0e6-c71c14f75da5"}],"basis":"evidence_record","detailUrl":"https://heyresearch.xyz/api/changes?project=blackrock","observedAt":"2026-09-15T21:46:22.331Z","freshness":"fresh","change":{"version":"change-explain-v1","eventId":"source:98d926d4-2ddd-4914-a0e6-c71c14f75da5:added","type":"research.source_added","evidenceId":"source:98d926d4-2ddd-4914-a0e6-c71c14f75da5","what":"Official source added: telegram","headline":"HEY’s own reading","capability":{"named":null,"basis":"not_held","text":"HEY’s own reading names no capability."},"stage":{"observed":"hey_reading","basis":"ledger_type","notObserved":[],"text":"HEY’s own reading of the record, not something the project shipped."},"reportedBy":{"kind":"hey_reading","text":"HEY’s reading of the record."},"corroboration":{"state":"not_applicable","by":[],"text":"HEY’s own reading of the record: nothing to corroborate."},"releaseDeployment":{"state":"not_applicable","contracts":[],"evidence":[],"text":"Not a release or a deployment."},"activity":{"ownFunctionCalls":null,"tokenStandardCalls":null,"success":"not_measured","state":"NOT_APPLICABLE","scope":"none","window":null,"text":"No contract is tied to this change, so no product activity is attributed to it. Product usage is read on its own."},"time":{"occurredAt":null,"precision":"OBSERVED","detectedAt":"2026-09-15T21:46:22.331Z","recordedAt":"2026-09-26T11:36:08.434Z","origin":"bootstrap","basis":"observed_by_hey","lateIndexed":true,"text":"No source dates it: HEY first saw it on 2026-09-15. HEY indexed it later, as history."},"standing":{"state":"standing","withdrawnEvidence":[]},"evidence":[{"id":"source:98d926d4-2ddd-4914-a0e6-c71c14f75da5","receiptUrl":"https://heyresearch.xyz/api/evidence/source%3A98d926d4-2ddd-4914-a0e6-c71c14f75da5"}],"unknowns":[{"code":"capability_not_named","text":"No source HEY holds names what this change does."}],"limit":"It says what HEY read in a public source. A source on record does not prove who runs the project.","explainUrl":"https://heyresearch.xyz/api/projects/blackrock/explain?fact=build.change&event=source%3A98d926d4-2ddd-4914-a0e6-c71c14f75da5%3Aadded"}},{"dimension":"unknown","label":"Not yet known","tag":"UNKNOWN","text":"4 gaps: Building activity (no source), Repositories (no source), Releases (no source), +1 more. No repository, changelog or feed to read.","evidence":[],"basis":"coverage_state","detailUrl":"https://heyresearch.xyz/api/projects/blackrock/coverage","freshness":"unknown","reason":"no_builder_source"}],"computedAt":"2026-11-01T14:39:32.461Z"},"identity":{"slug":"blackrock","name":"BLACKROCK","symbol":"blackrock","projectKind":"OTHER","researchLevel":"RESEARCHED","catalogStatus":"QUALIFIED","primaryNarrative":{"slug":"meme","name":"Meme"},"token":{"chainId":4663,"contractAddress":"0x9de83d01bc3d0857435529d931679ba5dc31ddf4"},"websiteUrl":"https://stonk.rocks/","officialX":{"handle":"BlackRockRH","url":"https://x.com/BlackRockRH","status":"ACTIVE","checkedAt":"2026-11-01T02:20:35.891Z","linkHeld":null,"corroboration":null,"corroborationCheckedAt":null,"foundByHey":false},"firstRecordedByHeyAt":"2026-09-02T19:50:10.691Z","url":"https://heyresearch.xyz/project/blackrock"},"build":{"activityStatus":"UNKNOWN","activityMeasured":false,"stillBuilding":false,"stillBuildingState":"NOT_MEASURED","stillBuildingWithheld":"market_too_thin","discoveryGapWithheld":"market_too_thin","underTheRadar":{"state":"NOT_MEASURED","reason":"market_too_thin","explainUrl":"https://heyresearch.xyz/api/projects/blackrock/explain?fact=discovery_gap"},"velocity":{"state":"NOT_MEASURED","current":null,"previous":null,"windowDays":30},"cadence":{"state":"INSUFFICIENT_RELEASES"},"hasBuilderSource":false},"market":{"marketCap":{"usd":13578.721099,"source":"onchain","kind":"fdv","observedAt":"2026-11-01T14:36:12.910Z"},"liquidity":{"usd":13122.373356,"source":"geckoterminal","observedAt":"2026-10-31T20:28:28.145Z","kind":"market"},"volume24h":{"usd":36.186712,"source":"onchain","observedAt":"2026-11-01T14:36:12.910Z"},"venue":"v4-style","tokenMarket":{"status":"ACTIVE_MARKET","reason":"liquidity_and_volume","label":"Active 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market moved from Trading inactive to Active market","evidence":[{"id":"state:3a7e476f-74d2-423c-8e5e-94a30711db42:market_status:41449","label":"HEY state record"}],"source":"hey_state"},{"id":"state:3a7e476f-74d2-423c-8e5e-94a30711db42:market_status:41270","revision":1,"op":"upsert","type":"market.status_changed","domain":"market","occurredAt":null,"precision":"OBSERVED","detectedAt":"2026-10-31T21:10:16.883Z","recordedAt":"2026-10-31T21:15:02.043Z","summary":"Token market moved from Active market to Trading inactive","evidence":[{"id":"state:3a7e476f-74d2-423c-8e5e-94a30711db42:market_status:41270","label":"HEY state record"}],"source":"hey_state"},{"id":"integrity:37c59bda-cdc5-4b15-bdf7-33c87558c857:activity:2026-08-27","revision":3,"op":"upsert","type":"market_integrity.event","domain":"market_integrity","occurredAt":null,"precision":"OBSERVED","detectedAt":"2026-09-24T21:29:05.992Z","recordedAt":"2026-10-16T11:25:05.199Z","summary":"Trading fell from 4,203 trades a day (the seven days to 2026-08-27) to 100 a day in the seven days to 2026-09-26, in HEY's decoded on-chain trades.","summaryCurrent":"Trading was 100 trades a day in the seven days to 2026-09-26, down from 4,203 a day at its peak in the seven days to 2026-08-27 (30 days earlier), in HEY's decoded on-chain trades.","evidence":[{"id":"integrity:37c59bda-cdc5-4b15-bdf7-33c87558c857:activity:2026-08-27","label":"HEY market index"}],"source":"hey_market_index"},{"id":"signal:4d1c432c-a269-48cb-bc5d-b81a4293209c","revision":1,"op":"upsert","type":"market.distribution_changed","domain":"market","occurredAt":"2026-09-21T01:08:49.543Z","precision":"WINDOW","detectedAt":"2026-09-21T01:08:51.571Z","recordedAt":"2026-09-26T11:36:08.434Z","summary":"Outside pools and burns, 9 addresses now hold half the supply","evidence":[{"id":"signal:4d1c432c-a269-48cb-bc5d-b81a4293209c","label":"HEY Signal"},{"id":"signal:4d1c432c-a269-48cb-bc5d-b81a4293209c","label":"Distribution","url":"https://heyresearch.xyz/project/blackrock"}],"source":"hey_signal"},{"id":"narrative:3a7e476f-74d2-423c-8e5e-94a30711db42:meme","revision":2,"op":"upsert","type":"research.narrative_assigned","domain":"research","occurredAt":null,"precision":"OBSERVED","detectedAt":"2026-09-17T18:13:57.547Z","recordedAt":"2026-09-30T10:35:04.490Z","summary":"Primary narrative: 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