Buyback Radar

Fulcrom FUL

Payout off peakRank#4in Low payout▼1Score57

Paid to holders this week: 36% of the best week in 90 days ($7k against $20k), while revenue +60% over 7 days. Also: part of holders revenue is paid out.

Derivatives, Cronos, ZKsync Era, Cronos zkEVM, 193 days of data

Low payout: less than $100k to holders in 30 days, or payouts on fewer than 8 of the 30 days (for a token that pays in cycles of a week or longer: more than one of the payouts its cycle predicts missed); ranked within this group

Market cap

$1.7M

price $0.000693 · 7d −3.0% · 30d −25.0%

FDV $14.0M (8.5× market cap)

source defillama

Counted per year

$193k

holders revenue of the last 30 days, $21k, × 365 ÷ 30, × type factor 0.75 (a mixed model counts 75%)

Mixedbuyback share 50%

Returns 16% of its market cap a year, using 50¢ of every $1 it earns.

Not a buyback: counts for 75% in the multiple (type factor 0.75), so the denominator is $193k instead of $258k.

Multiple

8.6×

peer median 19.3× (Derivatives, 7 tokens), against 8.6× here

Run-rate

5.9×

last 7 days $7k × 52 × 0.75 (type factor) = $279k a year

last week's payout to holders ran 1.4× the 30-day pace: the payout is speeding up

What we checked

  1. Valuation

    Multiple 8.6× (type factor 0.75: a mixed model counts 75%), 2.3× cheaper than its Derivatives peers (median 19.3×, 7 tokens). The group's largest earner Hyperliquid trades at 21.1×: 2.5× cheaper per dollar returned to holders. On total revenue: 3.2×, 4.0× cheaper than the revenue peer median.

  2. Distribution

    Mixed: Part buyback, part distribution or burn; the exact split is not known. Holders got $21k of $42k revenue in 30 days → buyback share 50%. DefiLlama: “Mint/Redeem Fees: 20% of the mint and burn fees goes to FUL stakers”

  3. Sustainability

    Holders were paid on 30 of 30 days (100%); largest single day 9% of the month's holders revenue; paid to holders this week: 36% of the best week in 90 days (more than half below peak). Revenue +60% over 7 days and +36% over 30 days, price −25% over 30 days.

What this does not tell you

The figures come from DefiLlama's adapter for each child protocol. Only a few tokens have an on-chain check (see How the buyback really works); for the rest, whether the tokens were really bought, burned or parked in a treasury wallet is not checked here. Unlocks count where DefiLlama or our research has a vesting schedule; team discretion and liquidity depth only once researched.

Flags

  • Payout >50% below peakthis week's holders revenue is 36% of its best week in the last 90 days ($20k)
  • Insufficient history192 days of data; g30, divergence not computable yet and scored as neutral 50
  • Data issue: chain mapping missingData issue (chain mapping missing): warning, scores are computed as usual

How the buyback really works

Not researched yet. Everything above comes from DefiLlama and market data only.

Holders revenue / revenue (30d)
$21k / $42k
last 30 closed days
To holders
Returns 16% of its market cap a year
FDV / dilution
$14.0M / 8.5×
FDV ÷ market cap
Price 7d / 30d
−3.0% / −25.0%
Revenue growth 7d / 30d
+60% / +36%
versus the period before
Divergence
—
revenue growth minus price growth, 30d
DEX liquidity
$428k
DexScreener, representative pools
24h volume
$2k
all markets, CoinGecko
Unlocks 30d
—
no unlock schedule for this token
Revenue multiple
3.2×
market cap ÷ revenue per year
Fee multiple
1.3×
market cap ÷ fees per year
Distance to peak
36%
this week ÷ best week of 90 days
Data since
May 4
first day with holders revenue

Holders revenue and price

Holders revenue per day7-day averagePrice (right axis)

Multiple over time

today 8.6× (scored) · peer median 19.3×

Market cap at close ÷ (holders revenue of the previous 30 days × 365 ÷ 30), with holders revenue capped at revenue and × the type factor: the same effective multiple as the peer median. Values above 100× are drawn at the top. Bands as on the meter; dashed line = peer median today.

Signal history

No signals for this token yet.

Versus peers

Derivatives · 7 tokens · median multiple 19.3× · Hyperliquid is valued 10659.1× higher. Per dollar that counts for holders, Fulcrom is 2.5× cheaper.

Main-ranking peers only. Multiples count holders revenue capped at revenue, × the type factor (buyback 1 · buyback + burn 1 · burn 0.75 · mixed 0.75 · distribution 0.5 · unclear 0.5 · ve-distribution 0.25).

This token against its main-ranking peers: multiple, revenue multiple, buyback share, holders revenue, market cap and revenue growth
TokenDistributionMultipleRevenue multipleBuyback shareTo holders 30dMarket capRev. growth 30d
Fulcromthis tokenMixed8.6×3.2×50%$21k$1.7M+36%
LighterBuyback15.8×12.8×81%$4.4M$841.1M+12%
edgeXBuyback16.4×7.1×43%$605k$120.4M−44%
ApeX ProtocolMixed19.3×14.5×100%$148k$26.1M−20%
HyperliquidleaderBuyback + burn21.1×21.1×100%$68.7M$17.66B−4%
GMXDistribution37.2×13.6×73%$363k$82.1M+15%
dYdXDistribution54.8×27.4×100%$234k$77.9M−21%
Score build-up57 of 100

Total score = 35% valuation + 25% momentum + 20% divergence + 20% quality − penalties, clamped to 0–100. Every number here can be recomputed from the figures on this page.

57of 100#4▼1top 4% one or more parts are the neutral 50
Valuation 29.8Momentum 12.5Divergence 10.0Quality 14.5penalties −10= 56.8
Valuation35%
85Valuation 85.0: HR half 70.1 (multiple 8.56×; 100 at ≤3×, 0 at ≥100×, log scale), revenue half 100.0 (revenue peer value 3.97×; 0 at ≤0.33×, 50 at 1×, 100 at ≥3×, log scale).Average of two halves. HR half: linear in log(multiple), 100 at ≤ 3×, 0 at ≥ 100×, 0 without effective HR. Revenue half: linear in log(revenue peer value), 0 at ≤ 0.33×, 50 at 1×, 100 at ≥ 3×; neutral 50 when the peer group falls back to the universe.
Momentum25%capped
50Momentum 50.0 (neutral): g7 0.469, g30 unknown; missing history gives the neutral 50.m = 0.5·g7 + 0.3·ln(day jump, clamped ±1.5) + 0.2·g30; 0 at m ≤ −0.7, 50 at 0, 100 at ≥ 1.1. Neutral 50 when g7 or g30 is missing; a missing day jump counts as 0.
Divergence20%capped
50Divergence 50.0 (neutral): d unknown (missing history).d = max(0, g30 − p30) when g30 > 0; 0 at d ≤ 0, 100 at d ≥ 1.5, linear.
Quality20%
72Quality 72.5: mean of days HR>0 100% → 100.0 (0 at ≤30%, 100 at ≥90%), largest day 9% of HR30 → 100.0 (0 at ≥60%, 100 at ≤15%), distance to peak 0.36 → 17.5 (0 at ≤0.25, 100 at ≥0.9).Average of: share of days with HR > 0 (0 at ≤ 30%, 100 at ≥ 90%), 1 − largest day ÷ HR30 (0 at ≥ 60%, 100 at ≤ 15%) and distance to peak (0 at ≤ 0.25, 100 at ≥ 0.9).
  • Penalty −10 (dilution_above_4): dilution ratio 8.46 above 4.

HR7 is below 50% of its 90-day peak: momentum and divergence are capped at 50. This is not a penalty; the distance already counts in quality.

Penalties−10

−10Dilution ratio above 4dilution ratio 8.46 above 4

9 rules not applied, 3 wait for research data.

Where the numbers come from
Revenue source
1 active child
DefiLlama adapter per child
Price and market cap
defillama / defillama
latest fetch
Scored on
November 12, 2026
as-of date of the last compute run
On-chain verified
not yet
not checked yet
Protocols behind this token1 at DefiLlama

Per protocol: DefiLlama's methodology text, the distribution type we read from it and the sentence that decided it. The token takes the type of the protocol that returns the most to holders.

  • Fulcrom Perps
    Derivatives · Cronos, ZKsync Era, Cronos zkEVM
    type mixed · source label
    “Mint/Redeem Fees: 20% of the mint and burn fees goes to FUL stakers”

    20% of all collected fees goes to FUL stakers

    Token Swap Fees
    20% of the swap fees goes to FUL stakers
    Liquidation Fees
    20% of the liquidation fees goes to FUL stakers
    Mint/Redeem Fees
    20% of the mint and burn fees goes to FUL stakers
    adapter on GitHub ↗