{"summary":{"version":"summary-v1","lines":[{"dimension":"build","label":"Build","tag":"UNKNOWN","text":"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/cow-fm-by-virtuals/timeline","freshness":"unknown","reason":"no_builder_source","answer":"No builder source linked"},{"dimension":"usage","label":"Product usage","tag":"UNKNOWN","text":"The project has a contract, but HEY does not count its calls yet: a token joins the watch once it takes calls in a thirty-day window, and any contract the project’s own sources name is watched. Unknown, not zero.","evidence":[],"basis":"not_held","detailUrl":"https://heyresearch.xyz/api/projects/cow-fm-by-virtuals/usage","freshness":"unknown","reason":"contract_not_in_method_watch"},{"dimension":"market","label":"Market","tag":"DERIVED","text":"Trading inactive: HEY holds a valuation and does not publish it while the market is not live.","evidence":[],"basis":"rule_output","detailUrl":"https://heyresearch.xyz/api/projects/cow-fm-by-virtuals/market","observedAt":"2026-10-17T17:00:31.726Z","freshness":"fresh","reason":"launch_pool_no_trades"},{"dimension":"contract","label":"Contracts","tag":"FACT","text":"1 contract on record for code changes, 1 with verified source; no implementation or interface change recorded.","evidence":[],"basis":"registry_record","detailUrl":"https://heyresearch.xyz/api/projects/cow-fm-by-virtuals/contracts","observedAt":"2026-10-16T16:04:14.241Z","freshness":"fresh"},{"dimension":"latestChange","label":"Latest change","tag":"DERIVED","text":"Market event 4 days ago: Liquidity $5K → $12K in a week. Context, not building.","evidence":[{"id":"signal:c663bd7c-cf19-4032-81c0-b8496bd3462f","label":"HEY Signal","receiptUrl":"https://heyresearch.xyz/api/evidence/signal%3Ac663bd7c-cf19-4032-81c0-b8496bd3462f"}],"basis":"evidence_record","detailUrl":"https://heyresearch.xyz/api/changes?project=cow-fm-by-virtuals","observedAt":"2026-10-13T00:19:11.683Z","freshness":"fresh"},{"dimension":"unknown","label":"Not yet known","tag":"UNKNOWN","text":"6 gaps: Building activity (no source), Repositories (no source), Releases (no source), +3 more. No repository, changelog or feed to read.","evidence":[],"basis":"coverage_state","detailUrl":"https://heyresearch.xyz/api/projects/cow-fm-by-virtuals/coverage","freshness":"unknown","reason":"no_builder_source"}],"computedAt":"2026-10-17T18:40:53.428Z"},"identity":{"slug":"cow-fm-by-virtuals","name":"cow.fm by Virtuals","symbol":"COWFM","projectKind":"OTHER","researchLevel":"RESEARCHED","catalogStatus":"QUALIFIED","primaryNarrative":{"slug":"ai-agents","name":"AI 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$5K → $12K in a week","evidence":[{"id":"signal:c663bd7c-cf19-4032-81c0-b8496bd3462f","label":"HEY Signal"},{"id":"signal:c663bd7c-cf19-4032-81c0-b8496bd3462f","label":"Liquidity, day by day","url":"https://heyresearch.xyz/project/cow-fm-by-virtuals/market#history"}],"source":"hey_signal"},{"id":"signal:f02fc7fd-3f49-4fcd-a3a7-1ead8dd258b5","revision":1,"op":"upsert","type":"market.liquidity_moved","domain":"market","occurredAt":"2026-10-07T18:13:42.660Z","precision":"WINDOW","detectedAt":"2026-10-07T18:13:46.706Z","recordedAt":"2026-10-07T18:15:02.691Z","summary":"Liquidity $14K → $5K in a week","evidence":[{"id":"signal:f02fc7fd-3f49-4fcd-a3a7-1ead8dd258b5","label":"HEY Signal"},{"id":"signal:f02fc7fd-3f49-4fcd-a3a7-1ead8dd258b5","label":"Liquidity, day by 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week","evidence":[{"id":"signal:1f9b715a-56be-4cf4-b916-170c2283d564","label":"HEY Signal"},{"id":"signal:1f9b715a-56be-4cf4-b916-170c2283d564","label":"Liquidity, day by day","url":"https://heyresearch.xyz/project/cow-fm-by-virtuals/market#history"}],"source":"hey_signal"},{"id":"signal:a70d5675-e817-49e5-a755-18cf1a172295","revision":1,"op":"upsert","type":"market.liquidity_moved","domain":"market","occurredAt":"2026-09-24T00:09:29.656Z","precision":"WINDOW","detectedAt":"2026-09-24T00:09:32.220Z","recordedAt":"2026-09-26T11:40:18.885Z","summary":"Liquidity $10K → $5K in a week","evidence":[{"id":"signal:a70d5675-e817-49e5-a755-18cf1a172295","label":"HEY Signal"},{"id":"signal:a70d5675-e817-49e5-a755-18cf1a172295","label":"Liquidity, day by 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