Buyback Radar

Geodnet GEOD

Team-run buybackRank#22▲7Score41

No contract enforces the buyback; the team decides when and how much.

Oracle, Polygon, Solana, 192 days of data

Market cap

$170.5M

price $0.225 · 7d −5.0% · 30d −15.3%

FDV $209.8M (1.2× market cap)

source defillama

Buyback revenue / year

$9.1M

holders revenue of the last 30 days, $744k, × 365 ÷ 30

Buyback + burnbuyback share 80%

Buys back 5.3% of its market cap a year, using 80¢ of every $1 it earns.

Multiple

18.8×

median of all tokens 20.2×, against 18.8× here

Run-rate

20.1×

last 7 days $163k × 52 = $8.5M a year

last week's payout in line with the 30-day pace

What we checked

  1. Valuation

    Multiple 18.8×, in line with the median of all tokens (20.2×; its category is too small for a peer group). The group's largest earner Hyperliquid trades at 20.2×: 1.1× cheaper per dollar returned to holders. On total revenue: 15.1×, in line with the revenue peer median.

  2. Distribution

    Buyback + burn: Revenue buys the token on the market and the bought tokens are burned. Holders got $744k of $930k revenue in 30 days → buyback share 80%. DefiLlama: “Token Buy Back: GEOD tokens bought back from the open market and sent to the burn address, representing 80% of station access fees redistributed to holders.”

  3. Sustainability

    Holders were paid on 29 of 30 days (97%); largest single day 5% of the month's holders revenue; paid to holders this week: 65% of the best week in 90 days. Revenue −11% over 7 days and 0% over 30 days, price −15% 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

  • Small peer group51 peers in universe; median taken from the universe level

How the buyback really works

Researched Nov 1, 2026 · 6 wallets: 2 high, 1 medium, 3 low confidence

  1. The moneyPaid from ongoing revenue
  2. The buyerThe team decides when and how much
  3. The tokensBought tokens are burned

The project says 40% goes to buybacks, without saying of what, so we do not compare it with DefiLlama.

On-chain: $745k bought back over 30 days = 99% of what DefiLlama reports for the same days.

A recomputation with DefiLlama’s own method: it confirms DefiLlama’s figure on-chain, not an independent count.

Method: Etherscan v2 getLogs (Polygon): GEOD to 0x…dead, plus Helius: GEOD into the incinerator token account 5SBf… (DefiLlama method). Checked November 12, 2026.

Red flags 5

  • The percentage is reported inconsistently. DefiLlama and most sources say 80% of revenue. The project's own Blockworks filing (2025-08-19) says: '50% of the subscription revenue is shared with the GEODNET Foundation' and '80% of this revenue is used for buy-back and burning'. That is about 40% of subscription revenue, so buyback_percentage_claimed was adjusted to 0.4.
  • DefiLlama derives 'fees' as burns / 0.8. Revenue and buyback are not measured separately, so the 80% share is correct by definition in those figures.
  • The burns are bare transfers from undocumented wallets (the Polygon executor is an EOA), in round amounts and without a swap in the same tx. Market purchases and the link to actual revenue are not visible.
  • The official docs (docs.geodnet.com) mention no buyback wallet and no burn policy. The Blockworks filing says 'Foundation wallets are not publicly labeled'.
  • Mining emissions are still added, plus vesting for team, investors and ecosystem. Net deflation is therefore not guaranteed.
Buyback wallets 6
Sources 7

Open the buyback wallets in their explorer and look for regular purchases of the token.

Check it yourself (technical)

Count the burns directly. (1) Polygon: eth_getLogs or Etherscan v2 (chainid=137, module=logs) on token 0xAC0F66379A6d7801D7726d5a943356A172549Adb with topic0 = Transfer and topic2 = 0x...dead, over 30 days; sum the amounts (18 decimals). Public Polygon RPCs allow only 10,000 blocks per call. (2) Solana: fetch the signatures of incinerator token account 5SBfx... (getSignaturesForAddress) and per transaction take the difference between pre- and postTokenBalances for mint 7JA5eZdCzztSfQbJvS8aVVxMFfd81Rs9VvwnocV1mKHu with owner 1nc1nerator.... Also include SPL Burn instructions on that mint. Value at the daily price. Research sample, 1–31 Oct 2026: about 745k GEOD on Polygon and 1.66M on Solana. DefiLlama reports $727k holders revenue (30d). USD revenue (Web2 subscriptions) is not on-chain, so the percentage cannot be verified.

Holders revenue / revenue (30d)
$744k / $930k
last 30 closed days
To holders
Buys back 5.3% of its market cap a year
FDV / dilution
$209.8M / 1.2×
FDV ÷ market cap
Price 7d / 30d
−5.0% / −15.3%
Revenue growth 7d / 30d
−11% / 0%
versus the period before
Divergence
0.00
revenue growth minus price growth, 30d
DEX liquidity
$1.8M
DexScreener, representative pools
24h volume
$477k
all markets, CoinGecko
Unlocks 30d
—
DefiLlama's schedule does not cover the next 30 days while tokens are still locked
Revenue multiple
15.1×
market cap ÷ revenue per year
Fee multiple
15.1×
market cap ÷ fees per year
Distance to peak
65%
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)▲ ▼ signal days (history below)

Multiple over time

today 18.8× (scored) · peer median 20.2×

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

Signal history of this token: date, type, price at the signal, price after 7 and 30 days, change since the signal and the outcome
DateSignalPrice thenAfter 7dAfter 30dSinceOutcome
November 8, 2026New in top 20closed Nov 8: now ranked #23$0.241——−6%30-day check: day 4
October 31, 2026New in top 20voided Oct 31: rule change of 1 Nov 2026: it would not open under the current rules$0.250%—−10%not counted

Versus peers

universe (whole universe) · 52 tokens (51 with a multiple) · median multiple 20.2× · Hyperliquid is valued 99.4× higher. Per dollar that counts for holders, Geodnet is 1.1× 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
PaperStrategyBuyback + burn0.2×0.1×42%$780k$1.9M+17%
Pharaoh Exchangeve / bribes0.3×0.2×100%$1.3M$2.6M−52%
OTCBuyback + burn0.5×0.2×43%$292k$1.9M+111%
RamsesXMixed0.7×0.5×97%$368k$2.2M+8%
nestDistribution0.8×0.4×100%$869k$4.4M+32%
SaplingBuyback + burn0.9×0.7×82%$100k$1.1M−30%
ORE ProtocolBuyback + burn1.0×1.0×99%$4.3M$51.7M+37%
StonkFunBuyback + burn1.7×1.0×60%$1.7M$34.5M−88%
upve / bribes2.0×1.0×100%$313k$3.9M−68%
Fake World AssetsBuyback + burn2.4×1.7×80%$149k$3.9M−70%
THORSwapMixed3.7×2.1×75%$312k$10.4M+55%
MarinadeBuyback5.1×2.5×50%$193k$11.9M−13%
ChainflipBuyback + burn5.4×5.4×100%$520k$34.4M+59%
PonsBuyback + burn5.7×5.7×118%$1.7M$99.8M−84%
PumpBuyback5.8×2.6×44%$21.9M$1.54B−24%
UsualMixed6.3×3.3×70%$378k$21.6M+80%
Aerove / bribes8.7×4.0×96%$7.4M$372.0M−6%
Tornado CashMixed9.6×7.2×100%$278k$24.4M−21%
SSV NetworkMixed12.4×9.3×100%$275k$31.1M−10%
SparkBuyback13.0×3.7×29%$340k$53.8M+133%
LighterBuyback14.6×11.8×81%$4.4M$775.1M+14%
edgeXBuyback16.0×7.0×44%$622k$120.8M−43%
LidoBuyback18.6×6.2×34%$0$255.2M+6%
Geodnetthis tokenBuyback + burn18.8×15.1×80%$744k$170.5M0%
PancakeSwapBuyback + burn19.5×12.8×65%$2.4M$563.6M−29%
HyperliquidleaderBuyback + burn20.2×20.2×100%$68.8M$16.94B−3%
BankrDistribution20.3×8.8×86%$237k$25.1M−85%
deBridgeBuyback20.8×15.6×75%$340k$86.1M−13%
ApeX ProtocolMixed21.2×15.9×100%$145k$28.2M−21%
Yield Basisve / bribes22.1×7.8×100%$148k$14.0M41.0×
SkyMixed26.7×8.4×42%$5.5M$1.34B−3%
RaydiumBuyback27.1×16.8×62%$1.3M$425.4M−65%
Curve Financeve / bribes29.3×11.1×94%$2.6M$374.4M+44%
Collector CryptBuyback + burn35.3×0.9×3%$392k$168.2M−5%
GMXDistribution37.0×13.5×73%$354k$79.6M+15%
Maple FinanceBuyback37.2×7.4×20%$326k$147.5M+14%
UniswapBuyback + burn37.3×37.3×100%$8.2M$3.71B−20%
Convex Financeve / bribes47.5×13.8×95%$881k$155.5M0%
OrcaBuyback47.8×7.9×16%$130k$75.6M−36%
AsterBuyback + burn50.2×∞—$2.8M$1.69B—
JupiterBuyback50.2×15.9×32%$1.4M$856.4M−32%
dYdXDistribution51.6×25.8×100%$240k$75.2M−15%
VeniceBuyback + burn68.7×68.7×100%$1.1M$941.4M+22%
KinetiqMixed84.8×37.3×59%$133k$103.2M−37%
RailgunDistribution86.5×28.1×66%$202k$116.7M−9%
Pendleve / bribes104×37.2×72%$411k$260.0M+39%
Render Network BMEBurn122×86.6×95%$751k$832.8M+240%
ChainlinkBuyback152×147×100%$4.3M$7.66B−2%
MeteoraDistribution180×5.2×18%$458k$161.9M−60%
NEAR ProtocolBuyback206×194×94%$1.8M$4.51B−18%
LiquityDistribution1.2k×8.2×80%$128k$15.8M+409%
BONK.funMixed∞11.7×95%$1.5M$233.7M−67%
Score build-up41 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.

41of 100#22▲7top 42% one or more parts are the neutral 50
Valuation 17.1Momentum 11.8Divergence 0.0Quality 17.4penalties −5= 41.3
Valuation35%
49Valuation 48.8: HR half 47.6 (multiple 18.83×; 100 at ≤3×, 0 at ≥100×, log scale), revenue half 50.0 (revenue peer group fell back to the universe → neutral 50; 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%
47Momentum 47.2: m = 0.5·g7 −0.119 + 0.3·(ln(day jump 1.07) clamped ±1.5 = 0.069) + 0.2·g30 −0.002 = −0.039; 0 at ≤−0.7, 50 at 0, 100 at ≥1.1.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%
0Divergence 0.0: d = g30 − p30 = 0.000; 0 at ≤0, 100 at ≥1.5.d = max(0, g30 − p30) when g30 > 0; 0 at d ≤ 0, 100 at d ≥ 1.5, linear.
Quality20%
87Quality 87.1: mean of days HR>0 97% → 100.0 (0 at ≤30%, 100 at ≥90%), largest day 5% of HR30 → 100.0 (0 at ≥60%, 100 at ≤15%), distance to peak 0.65 → 61.2 (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 −5 (team_discretion): buyback at the team's discretion.

Penalties−5

−5Buyback at the team's discretionbuyback at the team's discretion

9 rules not applied, 2 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 11, 2026
as-of date of the last compute run
On-chain verified
yes
checked Nov 12
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.

  • Geodnet
    Oracle · Polygon, Solana
    type buyback-burn · source label
    “Token Buy Back: GEOD tokens bought back from the open market and sent to the burn address, representing 80% of station access fees redistributed to holders.”

    80% of the fees are used to repurchase GEOD tokens from the open market and remove them from circulation.

    Token Buy Back
    GEOD tokens bought back from the open market and sent to the burn address, representing 80% of station access fees redistributed to holders.
    adapter on GitHub ↗