Buyback Radar

TickerSpring SPRING

Expensive

214× vs 22.1× for all tokens: 9.7× the median.

Liquidity Automation, Robinhood Chain, 62 days of data

Not in the main ranking: Market cap below $1M

Market cap

$568k

price $0.0016 · 7d +51.4% · 30d +107.8%

FDV $676k (1.2× market cap)

source defillama

Buyback revenue / year

$5k

holders revenue of the last 30 days, $402, × 365 ÷ 30

Buyback + burnbuyback share 18%

Buys back 0.5% of its market cap a year, using 18¢ of every $1 it earns.

Multiple

214×

median of all tokens 22.1×, against 214× here

Run-rate

154×

last 7 days $131 × 52 = $7k 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 214×, 9.7× more expensive than the median of all tokens (22.1×; its category is too small for a peer group). It is itself the largest earner in the group. On total revenue: 38.1×, 2.0× dearer than the revenue peer median.

  2. Distribution

    Buyback + burn: Revenue buys the token on the market and the bought tokens are burned. Holders got $402 of $2k revenue in 30 days → buyback share 18%. DefiLlama: “Vault Fees To Buyback Reserve: The allocation reserved for future SPRING buybacks and burns (20%), measured when fees accrue rather than when the buyback executes.”

  3. Sustainability

    Holders were paid on 30 of 30 days (100%); largest single day 7% of the month's holders revenue; paid to holders this week: 97% of the best week in 90 days. Revenue +10% over 7 days and 16.2× over 30 days, price +108% 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

  • Insufficient history39 days of data; g30, divergence not computable yet and scored as neutral 50
  • Small peer group55 peers in universe; median taken from the universe level

How the buyback really works

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

Holders revenue / revenue (30d)
$402 / $2k
last 30 closed days
To holders
Buys back 0.5% of its market cap a year
FDV / dilution
$676k / 1.2×
FDV ÷ market cap
Price 7d / 30d
+51.4% / +107.8%
Revenue growth 7d / 30d
+10% / 16.2×
versus the period before
Divergence
—
revenue growth minus price growth, 30d
DEX liquidity
$119k
DexScreener, representative pools
24h volume
$3k
all markets, CoinGecko
Unlocks 30d
—
unlocks not tracked yet
Revenue multiple
38.1×
market cap ÷ revenue per year
Fee multiple
22.2×
market cap ÷ fees per year
Distance to peak
97%
this week ÷ best week of 90 days
Data since
Sep 12
first day with holders revenue

Holders revenue and price

Holders revenue per day7-day averagePrice (right axis)

Multiple over time

today 214× (scored) · peer median 22.1×

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

universe (whole universe) · 1 tokens · median multiple 22.1×

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
TickerSpringleaderthis tokenBuyback + burn214×38.1×18%$402$568k16.2×
Score build-up46 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.

46of 100 one or more parts are the neutral 50
Valuation 8.8Momentum 12.5Divergence 10.0Quality 20.0penalties −5= 46.3
Valuation35%
25Valuation 25.0: HR half 0.0 (multiple 214.06×; 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%
50Momentum 50.0 (neutral): g7 0.092, 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%
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%
100Quality 100.0: mean of days HR>0 100% → 100.0 (0 at ≤30%, 100 at ≥90%), largest day 7% of HR30 → 100.0 (0 at ≥60%, 100 at ≤15%), distance to peak 0.97 → 100.0 (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 (history_30_60): history 40 days (30-60).

Penalties−5

−5History 30 to 60 dayshistory 40 days (30-60)

9 rules not applied, 3 wait for research data.

Where the numbers come from
Revenue source
3 active children
DefiLlama adapter per child
Price and market cap
defillama / defillama
latest fetch
Scored on
October 21, 2026
as-of date of the last compute run
On-chain verified
not yet
not checked yet
Protocols behind this token3 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.

  • TickerSpring Limit Orders
    Trading App · Robinhood Chain
    type unclear · source none

    No methodology text at DefiLlama.

    adapter on GitHub ↗
  • TickerSpring Vaults
    Liquidity Automation · Robinhood Chain
    type buyback-burn · source label
    “Vault Fees To Buyback Reserve: The allocation reserved for future SPRING buybacks and burns (20%), measured when fees accrue rather than when the buyback executes.”

    The allocation of earned vault LP fees and gauge rewards reserved to buy and permanently burn SPRING (20%), measured when they accrue rather than when the buyback executes.

    Vault Fees To Buyback Reserve
    The allocation reserved for future SPRING buybacks and burns (20%), measured when fees accrue rather than when the buyback executes.
    Vault Gauge Rewards To Buyback Reserve
    The allocation of earned vault gauge rewards reserved for future SPRING buybacks and burns (20%), measured when the rewards accrue rather than when the buyback executes.
    adapter on GitHub ↗
  • TickerSpring Baskets
    Indexes · Robinhood Chain
    type unclear · source none

    No methodology text at DefiLlama.

    adapter on GitHub ↗