{"summary":{"version":"summary-v1","lines":[{"dimension":"build","label":"Build","tag":"DERIVED","text":"Quiet: 0 meaningful events in 30 days; latest ship 42 days ago.","evidence":[{"id":"ship:c7293bed-2aef-4e8d-abaa-cb403536f674","label":"GitHub","url":"https://github.com/ethena-labs/ethena_sats_adapters","receiptUrl":"https://heyresearch.xyz/api/evidence/ship%3Ac7293bed-2aef-4e8d-abaa-cb403536f674"}],"basis":"evidence_record","detailUrl":"https://heyresearch.xyz/api/projects/ethena-usde/timeline","observedAt":"2026-09-16T06:33:58.000Z","freshness":"fresh","answer":"Quiet for 42 days","significance":{"text":"The first week of code changes HEY has recorded for this project.","about":"ship:c7293bed-2aef-4e8d-abaa-cb403536f674","receiptUrl":"https://heyresearch.xyz/api/evidence/ship%3Ac7293bed-2aef-4e8d-abaa-cb403536f674"}},{"dimension":"usage","label":"Product usage","tag":"FACT","text":"1 of 1 watched contract active · 47 calls to the contracts' own functions in 7 days; the other 65,527 of 65,574 calls were ERC-20 token transfers and approvals, which trading alone produces.","evidence":[],"basis":"usage_reading","detailUrl":"https://heyresearch.xyz/api/projects/ethena-usde/usage","observedAt":"2026-10-28T00:43:02.503Z","freshness":"fresh"},{"dimension":"market","label":"Market","tag":"FACT","text":"Active market · FDV (fully diluted) $367M · current liquidity $1.1M · reading under an hour old (DEX Screener).","evidence":[],"basis":"market_reading","detailUrl":"https://heyresearch.xyz/api/projects/ethena-usde/market","observedAt":"2026-10-28T02:45:01.719Z","freshness":"fresh"},{"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/ethena-usde/contracts","observedAt":"2026-10-26T18:09:32.013Z","freshness":"fresh"},{"dimension":"latestChange","label":"Latest change","tag":"FACT","text":"25 days ago: Verified contract source: USDeOFT.","evidence":[{"id":"ship:5ed17e08-ef01-43fc-a4f1-aa1d188502fd","label":"Explorer","url":"https://robinhoodchain.blockscout.com/address/0x5d3a1ff2b6bab83b63cd9ad0787074081a52ef34?tab=contract","receiptUrl":"https://heyresearch.xyz/api/evidence/ship%3A5ed17e08-ef01-43fc-a4f1-aa1d188502fd"}],"basis":"evidence_record","detailUrl":"https://heyresearch.xyz/api/changes?project=ethena-usde","observedAt":"2026-10-03T07:10:30.873Z","freshness":"fresh","change":{"version":"change-explain-v1","eventId":"ship:5ed17e08-ef01-43fc-a4f1-aa1d188502fd","type":"contract.deployed","evidenceId":"ship:5ed17e08-ef01-43fc-a4f1-aa1d188502fd","what":"Verified contract source: USDeOFT","headline":"Contract source verification, read from the explorer · not a deployment","capability":{"named":null,"basis":"not_held","text":"The explorer’s verified source names no capability."},"stage":{"observed":"source_verification","basis":"ship_type","notObserved":[],"text":"The explorer shows the contract’s source as verified (or no longer verified). This is not a deployment."},"reportedBy":{"kind":"explorer_record","text":"Read from the explorer."},"corroboration":{"state":"corroborated","by":[{"kind":"explorer_record","evidenceId":"ship:5ed17e08-ef01-43fc-a4f1-aa1d188502fd"}],"text":"Independently recorded: HEY read it from the explorer, not from the team."},"releaseDeployment":{"state":"not_applicable","contracts":[],"evidence":[],"text":"Not a release or a deployment."},"activity":{"ownFunctionCalls":47,"tokenStandardCalls":65527,"success":"not_measured","state":"MEASURED","scope":"contract","contract":{"chainId":4663,"address":"0x5d3a1ff2b6bab83b63cd9ad0787074081a52ef34","role":"token","shared":false},"window":{"from":"2026-10-21","to":"2026-10-27","days":7,"daysCovered":7},"text":"0x5d3a…ef34 (the project’s token): 47 calls to its own functions and 65,527 ERC-20 token calls in 7 days to 2026-10-27. Whether calls succeeded is not measured. Calls come from addresses, not people.","aroundUrl":"https://heyresearch.xyz/api/projects/ethena-usde/around/ship%3A5ed17e08-ef01-43fc-a4f1-aa1d188502fd"},"time":{"occurredAt":"2026-10-03T07:10:30.873Z","precision":"EXACT","detectedAt":"2026-10-03T07:11:29.593Z","recordedAt":"2026-10-03T07:12:55.905Z","origin":"live","basis":"source_dated","lateIndexed":false,"text":"The source dates it 2026-10-03 07:10 UTC; HEY first knew on 2026-10-03."},"standing":{"state":"standing","withdrawnEvidence":[]},"evidence":[{"id":"ship:5ed17e08-ef01-43fc-a4f1-aa1d188502fd","receiptUrl":"https://heyresearch.xyz/api/evidence/ship%3A5ed17e08-ef01-43fc-a4f1-aa1d188502fd"}],"unknowns":[{"code":"capability_not_named","text":"No source HEY holds names what this change does."},{"code":"success_not_measured","text":"Whether calls succeeded is not measured: failed transactions are not read."}],"limit":"A contract record says what the chain shows about a contract. It is not a safety check, and it does not say who runs the contract.","explainUrl":"https://heyresearch.xyz/api/projects/ethena-usde/explain?fact=build.change&event=ship%3A5ed17e08-ef01-43fc-a4f1-aa1d188502fd"}},{"dimension":"unknown","label":"Not yet known","tag":"UNKNOWN","text":"3 gaps: Official docs (not tied to the project yet), API description (not tied to the project yet), Official site changes (not tied to the project yet). Only docs others link to; none the project publishes itself.","evidence":[],"basis":"coverage_state","detailUrl":"https://heyresearch.xyz/api/projects/ethena-usde/coverage","freshness":"unknown","reason":"context_only_docs"}],"computedAt":"2026-10-28T03:39:54.878Z"},"identity":{"slug":"ethena-usde","name":"Ethena 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traded on 2026-10-27, 3.9× a typical day","evidence":[{"id":"signal:d94fb70c-2e46-40b9-8467-88408dfdde18","label":"HEY Signal"},{"id":"signal:d94fb70c-2e46-40b9-8467-88408dfdde18","label":"Trading, day by day","url":"https://heyresearch.xyz/project/ethena-usde/market#trading"}],"source":"hey_signal"},{"id":"signal:4bda8eb4-866a-4162-a74b-fc7a36a4e406","revision":1,"op":"upsert","type":"market.volume_spike","domain":"market","occurredAt":"2026-10-25T00:21:27.382Z","precision":"WINDOW","detectedAt":"2026-10-25T00:21:31.900Z","recordedAt":"2026-10-25T00:25:02.427Z","summary":"$711K traded on 2026-10-24, 4.1× a typical day","evidence":[{"id":"signal:4bda8eb4-866a-4162-a74b-fc7a36a4e406","label":"HEY Signal"},{"id":"signal:4bda8eb4-866a-4162-a74b-fc7a36a4e406","label":"Trading, day by 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called again after 114 days without a call","evidence":[{"id":"method:6b2786a9-38be-486e-90e5-8429954a6502","label":"Explorer","url":"https://robinhoodchain.blockscout.com/address/0x5d3a1ff2b6bab83b63cd9ad0787074081a52ef34"}],"source":"decoded_calls"},{"id":"signal:cff0c1cd-e753-4666-a7b9-f83fee3ca15b","revision":1,"op":"upsert","type":"market.volume_spike","domain":"market","occurredAt":"2026-10-17T12:20:37.514Z","precision":"WINDOW","detectedAt":"2026-10-17T12:20:48.863Z","recordedAt":"2026-10-17T12:25:02.656Z","summary":"$568K traded on 2026-10-17, 3.1× a typical day","evidence":[{"id":"signal:cff0c1cd-e753-4666-a7b9-f83fee3ca15b","label":"HEY Signal"},{"id":"signal:cff0c1cd-e753-4666-a7b9-f83fee3ca15b","label":"Trading, day by 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