{"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/vfat-io/timeline","freshness":"unknown","reason":"no_builder_source","answer":"Not measured — no builder source linked"},{"dimension":"usage","label":"Product usage","tag":"FACT","text":"No contract is recorded for this project, so there is no on-chain usage to count.","evidence":[],"basis":"coverage_state","detailUrl":"https://heyresearch.xyz/api/projects/vfat-io/usage","freshness":"not_applicable","reason":"no_contract"},{"dimension":"market","label":"Market","tag":"FACT","text":"No token recorded: this is a project, not a token.","evidence":[],"basis":"registry_record","detailUrl":"https://heyresearch.xyz/api/projects/vfat-io/market","freshness":"not_applicable","reason":"no_token"},{"dimension":"fundamentals","label":"Fundamentals","tag":"FACT","text":"vfat.io: TVL $2M · fees 24h not tracked · revenue 24h not tracked (DefiLlama, 2026-11-07). Registry context, not a measure of building.","evidence":[],"basis":"canonical_read","detailUrl":"https://heyresearch.xyz/api/projects/vfat-io/snapshot","observedAt":"2026-11-07T00:00:00.000Z","freshness":"fresh"},{"dimension":"security","label":"Security context","tag":"FACT","text":"3 audit reports linked (3 listed by DefiLlama only). Context, never a verdict on the project. An audit shows an audit took place; it is not a guarantee of safety.","evidence":[{"id":"security:5246d116-4168-46eb-ae12-b0d578a5393a:audit:acf343f3580e6acb","label":"Audit report","url":"https://reports.yaudit.dev/reports/05-2024-Sickle-3/","receiptUrl":"https://heyresearch.xyz/api/evidence/security%3A5246d116-4168-46eb-ae12-b0d578a5393a%3Aaudit%3Aacf343f3580e6acb"},{"id":"security:5246d116-4168-46eb-ae12-b0d578a5393a:audit:0c435e4d0632795d","label":"Audit report","url":"https://reports.yaudit.dev/reports/06-2023-Sickle/","receiptUrl":"https://heyresearch.xyz/api/evidence/security%3A5246d116-4168-46eb-ae12-b0d578a5393a%3Aaudit%3A0c435e4d0632795d"},{"id":"security:5246d116-4168-46eb-ae12-b0d578a5393a:audit:8fd07a3f80839930","label":"Audit report","url":"https://reports.yaudit.dev/reports/10-2023-Sickle-Update/","receiptUrl":"https://heyresearch.xyz/api/evidence/security%3A5246d116-4168-46eb-ae12-b0d578a5393a%3Aaudit%3A8fd07a3f80839930"}],"basis":"evidence_record","detailUrl":"https://heyresearch.xyz/api/projects/vfat-io/snapshot","freshness":"fresh"},{"dimension":"latestChange","label":"Latest change","tag":"DERIVED","text":"7 days ago: HEY reclassified the project — website source stopped answering (gone on two reads in a row).","evidence":[{"id":"source:6d217272-3b78-48dd-9872-1880a526f3fc","label":"Website","url":"https://vfat.io/yield","receiptUrl":"https://heyresearch.xyz/api/evidence/source%3A6d217272-3b78-48dd-9872-1880a526f3fc"}],"basis":"evidence_record","detailUrl":"https://heyresearch.xyz/api/changes?project=vfat-io","observedAt":"2026-10-31T02:47:09.711Z","freshness":"fresh","change":{"version":"change-explain-v1","eventId":"source:6d217272-3b78-48dd-9872-1880a526f3fc:unavailable:1","type":"research.source_unavailable","evidenceId":"source:6d217272-3b78-48dd-9872-1880a526f3fc","what":"Website source stopped answering (gone on two reads in a row)","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":"2026-10-31T02:47:09.711Z","recordedAt":"2026-10-31T02:50:04.815Z","origin":"live","basis":"observed_by_hey","lateIndexed":false,"text":"No source dates it: HEY first saw it on 2026-10-31."},"standing":{"state":"standing","withdrawnEvidence":[]},"evidence":[{"id":"source:6d217272-3b78-48dd-9872-1880a526f3fc","receiptUrl":"https://heyresearch.xyz/api/evidence/source%3A6d217272-3b78-48dd-9872-1880a526f3fc"}],"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/vfat-io/explain?fact=build.change&event=source%3A6d217272-3b78-48dd-9872-1880a526f3fc%3Aunavailable%3A1"}},{"dimension":"unknown","label":"Not yet known","tag":"UNKNOWN","text":"8 gaps: Building activity (not enough yet), Repositories (no source), Releases (not enough yet), +5 more. None of its builder sources can be read right now.","evidence":[],"basis":"coverage_state","detailUrl":"https://heyresearch.xyz/api/projects/vfat-io/coverage","freshness":"unknown","reason":"no_readable_builder_source"}],"computedAt":"2026-11-07T14:13:54.527Z"},"identity":{"slug":"vfat-io","name":"vfat.io","projectKind":"OTHER","researchLevel":"RESEARCHED","catalogStatus":"QUALIFIED","websiteUrl":"https://vfat.io/yield","officialX":{"handle":"vfat_io","url":"https://x.com/vfat_io","status":"ACTIVE","checkedAt":"2026-11-07T02:26:48.742Z","linkHeld":null,"corroboration":"mutual_site_link","corroborationCheckedAt":"2026-11-07T02:26:48.742Z","foundByHey":false},"firstRecordedByHeyAt":"2026-09-22T00:06:34.969Z","externalListedAt":"2024-05-14T13:54:49.000Z","externalListedSource":"defillama","url":"https://heyresearch.xyz/project/vfat-io"},"build":{"activityStatus":"UNKNOWN","activityMeasured":false,"stillBuilding":false,"stillBuildingState":"NOT_MEASURED","stillBuildingWithheld":"no_token","discoveryGapWithheld":"no_token","underTheRadar":{"state":"NOT_MEASURED","reason":"no_token","explainUrl":"https://heyresearch.xyz/api/projects/vfat-io/explain?fact=discovery_gap"},"velocity":{"state":"NOT_MEASURED","current":null,"previous":null,"windowDays":30},"cadence":{"state":"INSUFFICIENT_RELEASES"},"hasBuilderSource":false},"protocolEconomics":{"protocols":[{"protocol":"vfat.io","protocolName":"vfat.io","category":"Yield Aggregator","tvlUsd":1964013.106533,"tvlDay":"2026-11-07","matchedBy":"website","fees24h":{"state":"NOT_TRACKED"},"revenue24h":{"state":"NOT_TRACKED"},"dexVolume24h":{"state":"NOT_TRACKED"},"economicsDay":"2026-11-07","auditLinks":["https://reports.yaudit.dev/reports/06-2023-Sickle/","https://reports.yaudit.dev/reports/10-2023-Sickle-Update/","https://reports.yaudit.dev/reports/05-2024-Sickle-3/"],"methodologyUrl":"https://github.com/DefiLlama/DefiLlama-Adapters/blob/main/projects/vfat/index.js","parentProtocol":"vfat"}],"source":"defillama","contextOnly":true},"developerFootprint":{"repositories":{"state":"NO_SOURCE","reason":"no_repository","official":0,"metadataRead":0},"productionDeployment":{"state":"NOT_APPLICABLE"},"packages":{"state":"NO_SOURCE","reason":"no_repository"},"advisories":{"state":"NOT_APPLICABLE","reason":"no_accepted_package","subject":"PUBLISHED_PACKAGE"},"contextOnly":true,"coverageUrl":"https://heyresearch.xyz/api/projects/vfat-io/coverage"},"usage":{"dimension":"usage","state":"NOT_APPLICABLE","reason":"no_contract","source":"decoded_calls","window":{"from":"2026-10-31","to":"2026-11-06","days":7},"watchedContracts":0,"topMethods":[],"names":"WITHHELD","methodEvents":null,"contextOnly":true,"url":"https://heyresearch.xyz/api/projects/vfat-io/usage"},"security":{"audits":{"state":"MEASURED","readFrom":["defillama"],"items":[{"id":"security:5246d116-4168-46eb-ae12-b0d578a5393a:audit:acf343f3580e6acb","url":"https://reports.yaudit.dev/reports/05-2024-Sickle-3/","authority":"REGISTRY_LISTED","hostedOn":"OTHER","auditor":null,"date":null,"isPdf":false,"foundBy":[{"foundVia":"defillama","foundOnUrl":"https://defillama.com/protocol/vfat.io","firstObservedAt":"2026-11-07T00:04:08.107Z","lastObservedAt":"2026-11-07T00:04:08.107Z"}],"observedAt":"2026-11-07T00:04:08.107Z"},{"id":"security:5246d116-4168-46eb-ae12-b0d578a5393a:audit:0c435e4d0632795d","url":"https://reports.yaudit.dev/reports/06-2023-Sickle/","authority":"REGISTRY_LISTED","hostedOn":"OTHER","auditor":null,"date":null,"isPdf":false,"foundBy":[{"foundVia":"defillama","foundOnUrl":"https://defillama.com/protocol/vfat.io","firstObservedAt":"2026-11-07T00:04:08.107Z","lastObservedAt":"2026-11-07T00:04:08.107Z"}],"observedAt":"2026-11-07T00:04:08.107Z"},{"id":"security:5246d116-4168-46eb-ae12-b0d578a5393a:audit:8fd07a3f80839930","url":"https://reports.yaudit.dev/reports/10-2023-Sickle-Update/","authority":"REGISTRY_LISTED","hostedOn":"OTHER","auditor":null,"date":null,"isPdf":false,"foundBy":[{"foundVia":"defillama","foundOnUrl":"https://defillama.com/protocol/vfat.io","firstObservedAt":"2026-11-07T00:04:08.107Z","lastObservedAt":"2026-11-07T00:04:08.107Z"}],"observedAt":"2026-11-07T00:04:08.107Z"}]},"bugBounty":{"state":"NOT_READ","reason":"official_site_not_read_for_security_links"},"securityTxt":{"state":"NOT_READ","reason":"site_files_not_read_yet"},"advisories":{"state":"NOT_APPLICABLE","reason":"no_accepted_package"},"repositoryChecks":{"state":"NOT_APPLICABLE","reason":"no_official_repository"},"incidents":{"state":"NOT_READ","reason":"no_incident_source_read"},"linksOmitted":0,"meaning":"An audit shows an audit took place; it is not a guarantee of safety.","contextOnly":true},"peerContext":{"rulesVersion":"peers-v2","state":"NO_COHORT","reason":"no_primary_narrative","computedAt":"2026-11-07T02:04:11.592Z","freshness":{"state":"CURRENT","asOf":"2026-11-07T02:04:11.592Z","staleAfterHours":36},"cohort":null,"minimums":{"median":8,"percentile":20},"dimensions":[],"methodology":"https://heyresearch.xyz/methodology#peers"},"contracts":{"url":"https://heyresearch.xyz/api/projects/vfat-io/contracts"},"verification":{"ownerVerified":false,"submitted":false,"sources":{"total":3,"own":3,"verified":0,"contextOnly":0}},"locks":{"coverage":{"state":"NOT_APPLICABLE","reason":"no_token"}},"integrity":{"state":"NOT_APPLICABLE","reason":"no_token"},"latestChanges":{"available":true,"items":[{"id":"source:6d217272-3b78-48dd-9872-1880a526f3fc:unavailable:1","revision":1,"op":"upsert","type":"research.source_unavailable","domain":"research","occurredAt":null,"precision":"OBSERVED","detectedAt":"2026-10-31T02:47:09.711Z","recordedAt":"2026-10-31T02:50:04.815Z","summary":"Website source stopped answering (gone on two reads in a row)","evidence":[{"id":"source:6d217272-3b78-48dd-9872-1880a526f3fc","label":"Website","url":"https://vfat.io/yield"}],"source":"hey_research"}],"url":"https://heyresearch.xyz/api/changes?project=vfat-io"},"freshness":[{"source":"code","label":"Code","state":"unknown","staleAfterHours":108},{"source":"score","label":"Scores","state":"fresh","observedAt":"2026-11-07T12:42:50.577Z","staleAfterHours":24}],"coverage":{"identity":{"state":"MEASURED","since":"2026-09-22T00:06:34.969Z","asOf":"2026-09-22T00:06:32.908Z","reason":"research_level_researched","detailUrl":"https://heyresearch.xyz/api/projects/vfat-io"},"builderEvidence":{"state":"NOT_ENOUGH_YET","reason":"no_readable_builder_source"},"repositories":{"state":"NO_SOURCE","reason":"no_repository"},"releases":{"state":"NOT_ENOUGH_YET","reason":"no_readable_builder_source"},"marketCurrent":{"state":"NOT_APPLICABLE","reason":"no_token"},"marketHistory":{"state":"NOT_APPLICABLE","reason":"no_token"},"contractDeployment":{"state":"NOT_APPLICABLE","reason":"no_token"},"contractActivity":{"state":"NOT_APPLICABLE","reason":"no_token"},"contractSource":{"state":"NOT_APPLICABLE","reason":"no_token"},"contractInterface":{"state":"NOT_APPLICABLE","reason":"no_token"},"distribution":{"state":"NOT_APPLICABLE","reason":"no_token"},"locks":{"state":"NOT_APPLICABLE","reason":"no_token"},"marketIntegrity":{"state":"NOT_APPLICABLE","reason":"no_token"},"protocolEconomics":{"state":"NO_SOURCE","since":"2026-09-26T00:00:00.000Z","asOf":"2026-11-07T00:00:00.000Z","reason":"not_tracked_by_registry"},"timeline":{"state":"MEASURED","since":"2026-09-22T00:06:34.969Z","reason":"complete_default_window","detailUrl":"https://heyresearch.xyz/api/projects/vfat-io/timeline"},"officialDocs":{"state":"SOURCE_UNAVAILABLE","asOf":"2026-10-31T14:59:20.899Z","reason":"website_unreachable","cause":"own_source_unreachable"},"apiDocs":{"state":"SOURCE_UNAVAILABLE","asOf":"2026-10-31T14:59:20.899Z","reason":"site_unreachable","cause":"own_source_unreachable"},"sourceChanges":{"state":"SOURCE_UNAVAILABLE","asOf":"2026-10-31T14:59:20.899Z","reason":"site_unreachable","cause":"own_source_unreachable"},"gitHost":{"state":"NOT_APPLICABLE","reason":"no_repository"},"package":{"state":"NO_SOURCE","reason":"no_repository"},"securityContext":{"state":"NOT_APPLICABLE","reason":"no_accepted_package"}},"evidenceSummary":{"sources":{"total":3,"own":3,"verified":0,"contextOnly":0},"meaningfulEvents30d":null,"explainUrl":"https://heyresearch.xyz/api/projects/vfat-io/explain"},"links":{"page":"https://heyresearch.xyz/project/vfat-io","detail":"https://heyresearch.xyz/api/projects/vfat-io","timeline":"https://heyresearch.xyz/api/projects/vfat-io/timeline","intelligence":"https://heyresearch.xyz/api/projects/vfat-io/intelligence","changes":"https://heyresearch.xyz/api/changes?project=vfat-io","coverage":"https://heyresearch.xyz/api/projects/vfat-io/coverage","explain":"https://heyresearch.xyz/api/projects/vfat-io/explain","contracts":"https://heyresearch.xyz/api/projects/vfat-io/contracts","usage":"https://heyresearch.xyz/api/projects/vfat-io/usage","relationships":"https://heyresearch.xyz/api/projects/vfat-io/relationships"},"asOf":"2026-11-07T14:13:54.527Z","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."}