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Net Asset Value

$NAV

Lending

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NAV ($NAV) on Robinhood Chain. Swap fees continuously market-buy every tokenized stock into an on-chain vault. Holding $NAV is pro-rata ownership of the entire market. Burn to redeem in-kind.

What HEY knows

Building
Quiet for 43 daysDerivedQuiet: 0 meaningful events in 30 days; latest ship 43 days ago. Evidence Source

Build Momentum 0How it is measured

Latest ship
Code changes, week of 2026-08-31 – 2026-09-06 · at least 4 commits · · Code activity

Why it matters: The first week of code changes HEY has recorded for this project.

Latest change
DerivedMarket event 10 days ago: Outside pools, lockers and burns, 43 addresses now hold half of the remaining supply. Context, not building. Evidence

Follow puts Net Asset Value on your private watchlist; its changes then lead “Since you were last here” when you come back. Following needs an account; browsing never does.

No account? Email me Net Asset Value’s changes

No account and no password. HEY stores the address and what you asked for, sends one confirmation, and nothing else until you confirm. Every email has a one-click unsubscribe that deletes the address.

Or read its RSS feed.

Product usage
Fact1 of 1 watched contract active · 6,178 calls in 7 days — all token transfers and approvals (ERC-20), which trading alone produces; none reached another function HEY watches.

Counted from the chain. Usage says the contracts are used, not that anyone is building.

Contracts
Fact1 contract on record for code changes, 1 with verified source; no implementation or interface change recorded.
Token market · context
Launch pool only$20K fully diluted valuationToken unverified
Not yet known
Unknown2 gaps: Official docs (no source), API description (no source). HEY read its website and found no link to docs.

HEY can answer 17 of the 19 research questions that apply · Research coverage

Compare with…The same summary, with every line’s evidence: snapshot API
What HEY checked — why it says this
Quiet.
“Quiet” by the activity rule: 0 meaningful events in the last 30 days, the newest 2026-09-03.
SourceRepositories, changelogs and feeds HEY reads for this project, and the ship events recorded from them.ReadRecordsCode changes, week of 2026-08-31 – 2026-09-06 · at least 4 commitsWhat HEY derivedHEY’s activity rule reads the counted events as “Quiet”.Not concludedIt says what HEY can read of the building, not how good the project is, who is behind it, or what its token will do. Quiet or unknown is not "abandoned".
Verified Builder.
The quality gate found verified building evidence from the project's own sources.
Source4 registered sources, 0 of them context only.ReadWhat HEY derivedThe quality gate’s stored decision: “Verified Builder”.Not concludedA verified builder is one whose shipping HEY confirmed from public evidence. It does not say who runs the project — that is the ownership claim, a separate check.
Token unverified.
Token unverified: HEY found the token through a launch record or a market listing, and nothing the project published names it.
SourceThe project's own published sources and HEY's check of the contract.What HEY derivedToken unverified: the project’s site does not name it.Not concludedIt says whether the project itself names this contract. It is not a safety check, and a token is not the project.
Launch pool only.
Launch pool only: the only pool is the launch pool holding the token’s own supply, and it traded in the last day.
Source9 readings from HEY's own market tables.ReadWhat HEY derivedHEY’s market rule reads this token’s market as “Launch pool only”.Not concludedMarket status is context only. It never changes activity status or Build Momentum, and it is not a view on the price.
Market figures are context only and never change activity status. Methodology

Latest ship

Checked

Code changes, week of 2026-08-31 – 2026-09-06 · at least 4 commits

Code activitySource linked

2 active days in navdotfun/NAV.

This week HEY looked inside 1 of 4 commits to see what changed: 1 changed code. One code change is enough for the week to count, so HEY stopped there.

Record ship:141ab47f… · HEY counts it as building; it does not judge the release’s quality or what it means for the token.

Shared change · Verified builder

Net Asset Value is now a verified builder: HEY verified its builder sources.

Builder status: Quiet.

Observed by HEY on 2026-10-11Source: hey state

Builder activity

Bars: meaningful, source-backed ships per week (count). Weeks run Monday to Sunday, UTC, labelled by their Monday. Commits are aggregated, a code week counted once. Hatched: 5 weeks before HEY began reading this project’s sources — not yet read, not zero.

Questions HEY can answer about Net Asset Value — as of 2026-10-16

Is Net Asset Value still being built?
DerivedQuiet: 0 meaningful events in 30 days; latest ship 43 days ago. Evidence
What did Net Asset Value ship last?
FactCode changes, week of 2026-08-31 – 2026-09-06 · at least 4 commits — Code activity, 43 days ago. Evidence
Is 0x3e7f2c3A81a1c8302eacE254928e0fBa5A3Bc447 Net Asset Value’s own contract?
UnknownToken unverified: Nothing the project itself published ties this contract to the project yet. Details
What does HEY not know about Net Asset Value?
Unknown2 gaps: Official docs (no source), API description (no source). HEY read its website and found no link to docs. Details

Build timeline

  1. Verified contract source published: NAVToken

    Contract source verifiedSource verified

    NAVToken at 0x3e7f…c447 has verified source on Robinhood Chain Blockscout (compiler v0.8.36+commit.8a079791).

Research notes

Written by HEY researchers and reviewed before publishing. Commentary with sources — not the project's own claims, and not evidence of shipping.

Know something about Net Asset Value? Sign in with GitHub to submit a research note. Notes are reviewed before they appear here.

What changed

6 changes on HEY’s record for Net Asset Value: 1 verification change · 1 contract in use again or for the first time · 1 market check · 1 usage change · 2 other changes in 2 more kinds.

  • Verification5d ago

    Research standing moved from Published to Verified builder

    See the change

  • Market check18d ago

    Trading fell from 4,203 trades a day (the seven days to 2026-09-02) to 410 a day in the seven days to 2026-09-28, in HEY's decoded on-chain trades.

    See the change

  • Usage28d ago

    2,431 address-days of contract calls in the 7 days to 18 Sep

    See the change Source ↗

  • Market1mo ago

    Liquidity $88K → $47K in a week

    See the change Source ↗

  • Code pushed1mo ago · recorded by HEY 1mo ago

    Code changes, week of 2026-08-31 – 2026-09-06 · at least 4 commits

    See the change Source ↗

All 6 changes for Net Asset Value →

The full change record holds 6 more, of kinds this list leaves out — lock records and HEY’s own research bookkeeping among them. Full record (JSON)

Research coverage

HEY can answer 17 of the 19 research questions that apply.

17 of 19 applicable dimensions measuredShow each dimension

Identity

  • IdentityMeasuredRead 1mo ago.

Building

  • Building activityMeasuredRead 16h ago.
  • RepositoriesMeasured
  • ReleasesMeasured
  • TimelineMeasured

Official site

  • Official docsNo sourceHEY read its website and found no link to docs.
  • API descriptionNo sourceIts website links no API description.
  • Official site changesMeasuredRead 5d ago.

Code and packages

  • Repository detailsMeasuredRead 5d ago.
  • Published packagesMeasuredRead 5d ago.

Contracts

  • Contract creationMeasuredRead 22d ago.
  • Contract activityMeasuredRead yesterday.
  • Verified sourceMeasuredRead 5h ago.
  • Contract interfaceMeasuredRead 5h ago.

Market

  • Current marketMeasuredRead 36m ago.
  • Market historyMeasuredRead today.
  • Supply distributionMeasuredRead 2d ago.
  • LocksMeasuredRead 1h ago.
  • Market checksMeasured

Not applicable here: Package advisories, Protocol economics.

A count of what HEY has read, never a score: projects are not compared or ordered by it. Unknown is never zero. The same states: coverage API.

Sources

Contract
0x3e7f…c4470x3e7f2c3a81a1c8302eace254928e0fba5a3bc447