24h Change-2.61%
All Time HighJun 16, 2021$24.4
All Time LowDec 28, 2022$0.37
Market Cap$97.67m
Fully Diluted Valuation$125.3m
Circ. Supply77.95m INST
Max Supply100m INST
Outstanding FDV$97.67m
CEX Volume$1.73m
DEX Volume$673,028
Majors$288.61
Stablecoins$8,507
Own Tokens$27.9m
Others$409.76
| Q2 2026* | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Gross Protocol Revenue | $7.49M | $14.04M | $27.03M | $22.57M | $19.18M | $17.66M | $9.02M | $4.15M | $12.09M | $1.10M | $311.43K | $266.92K | $299.12K | $75.41K |
| Lite Vaults Fees | $167.97K | $514.87K | $928.07K | $1.27M | $433.69K | $833.96K | $747.21K | $412.49K | $600.97K | $497.49K | $311.43K | $266.92K | $299.12K | $75.41K |
| Borrow Interest | $6.25M | $10.52M | $21.15M | $15.81M | $10.42M | $9.18M | $7.44M | $3.50M | $11M | $588.92K | ||||
| Token Swap Fees | $893.17K | $2.54M | $4.50M | $5.33M | $8.32M | $7.39M | $755.97K | |||||||
| Revenue Share From Jupiter Lend | $171K | $468.20K | $439.09K | $139.15K | ||||||||||
Cost of Revenue | $6.25M | $11.29M | $22.92M | $18.52M | $17.62M | $15.50M | $7.18M | $3.15M | $10.34M | $588.92K | $0 | $0 | $0 | $0 |
| Borrow Interest To Lenders | $5.49M | $9.14M | $18.92M | $13.75M | $9.51M | $8.10M | $6.43M | $3.15M | $10.34M | $588.92K | ||||
| Swap Fees To LPs | $757.27K | $2.15M | $4M | $4.76M | $8.10M | $7.39M | $755.97K | |||||||
Gross Profit | $1.23M | $2.74M | $4.10M | $4.04M | $1.56M | $1.93M | $1.77M | $789.97K | $1.31M | $500.96K | $311.43K | $266.92K | $299.12K | $75.41K |
| Lite Vaults Fees | $167.97K | $514.87K | $928.07K | $1.27M | $433.69K | $833.96K | $747.21K | $412.49K | $600.97K | $497.49K | $311.43K | $266.92K | $299.12K | $75.41K |
| Borrow Interest To Treasury | $761.82K | $1.37M | $2.23M | $2.06M | $914.62K | $1.07M | $1.01M | $351.27K | $657.44K | $0 | ||||
| Swap Fees To Treasury | $135.89K | $390.31K | $504.32K | $567.54K | $215.21K | |||||||||
| Revenue Share From Jupiter Lend | $171K | $468.20K | $439.09K | $139.15K | ||||||||||
Incentives | $0 | $2.10M | $2.68M | $2.28M | $4.23M | $2.83M | $150.92M | $0 | $324.79K | -$632.43K | $0 | $0 | $0 | $0 |
| DAO Treasury Incentives | $2.10M | $2.68M | $2.28M | $4.23M | $2.83M | $150.92M | $324.79K | -$632.43K | ||||||
Earnings | $1.23M | $638.87K | $1.41M | $1.76M | -$2.67M | -$898.21K | -$149.15M | $789.97K | $987.17K | $1.13M | $311.43K | $266.92K | $299.12K | $75.41K |
Token Holder Net Income | $0 | $1.53M | $3.21M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Token Buy Back | $1.53M | $3.21M |
Risk-management actions published about INST by tracked risk managers and governance contributors, newest first.
A low-severity bug in the shift module affects side features like range adjustments when swapping with native ETH, potentially leading to arbitrage between Fluid DEX and external DEXes. Redeployment fixes this without risking user or protocol funds, maintaining INST liquidity during the process.
Legal commentary on Fluid Alignment with $INST Purchase requests clarifications, with no immediate exposure changes recommended.
Proposed purchase of INST tokens lacks clarity on marketplace and seller identity, potentially involving direct dealings with Instadapp DAO, which has no established legal entity. Tokenomics updates risk drawing regulatory scrutiny, warranting caution in distribution, use, and governance changes.
INST is facing a liquidity crunch from surging buying demand, with current market depth at risk of depletion around $6.5-7 despite a $5.5 price, potentially causing price volatility. Allocating 5% of total supply to a protocol-owned INST-ETH pool on Fluid DEX aims to provide sustainable depth and stability without selling into the open market.
FLUID is the governance token of the Fluid DAO, allowing holders to vote on protocol upgrades, risk parameters, fee settings, treasury spending, revenue allocation, and potential value accrual mechanisms in Fluid’s unified liquidity layer
FLUID holders can create governance proposals, all holders are able to participate in governance. The DAO sets protocol fees, controls treasury, controls IP, and sets risk parameters
Fluid DAO has control over DAO treasury
DAO has control over revenue decisions
Fluid Reserve & structured buyback program is live
Value Accrues through dynamic buybacks
All generated revenue accrues to the Fluid DAO
Portion of fees are deployed to buy back FLUID
No dividend or revenue distribution is currently active
No burn mechanism is currently active
An is required to view token usage.
An is required to view token unlocks.
Tracking 3 pools, average APY 0.61%
Pool | Project | Chain | 30d APY Chart | ||||||
|---|---|---|---|---|---|---|---|---|---|
| open in new tabINST-WETH1% | $2.88m | 0.37% | 0.37% | 3.97% | |||||
| open in new tabWETH-INST1% | $497,478 | 0% | 0% | 0.77% | |||||
| open in new tabINST-WETH0.3% | $443,006 | 0.85% | 0.85% | 7.84% |
