What the words mean

A large unofficial token the index is measured against: one trading on a meme with no link to the person who made it.

Calling a token unofficial is a claim about a real person’s involvement, so every vamp is ruled on by hand and carries the basis for the ruling. Three states: counted — ruled a vamp, and in the denominator of the authenticity share; pending — nobody has ruled yet, so it is excluded until someone does; unruleable — the meme has no confirmable owner, so the question cannot be answered rather than merely being unanswered. Unruleable is a finished ruling, not a weaker pending. Those rows are ranked and labelled on the Vamps board, never demoted.

Only counted rows reach the maths. Unverified means excluded, never assumed.

How many times larger an unofficial token is than the authentic one for the same meme — the token the meme’s owner actually backs.

Dogecoin is the canonical case: made by fans of the Kabosu photograph with no connection to her owner, and worth orders of magnitude more than the token she actually backs — the live multiple is the headline on the index. Which token is the largest unofficial one for a subject is a judgement, not a lookup, so every pair is hand-checked: the counterpart must be verifiably not the token the index holds, resolved by contract address where a name was ambiguous, and a pair is shown only when the unofficial token is the larger of the two. Where the indexed token is already bigger the ratio is real but says nothing, and is left out.

The multiple is computed live from market caps. It is set in brand red because it is the site’s argument, not a market signal, and it never sits in a price column, where red means only “down”.

How much of the meme market cap is connected to the person who made the meme: the counted market cap of the index tokens graded A or better, over that figure plus the counted market cap of the vamps ruled counted.

The numerator is not the whole index. It counts only tokens graded S, A+ or A — the grades whose published meaning is that the creator consented or has since blessed the token — and only those that resolve a market cap that counts: a mark off Dank Bank’s AMM or a fully diluted valuation is nominal and adds nothing to either side, however the token is graded. An index token that has itself been ruled a vamp is kept out, whatever grade the sheet still carries for it. Most of the rest have no exchange pool anywhere, so their market cap is unknowable rather than omitted. The share is a floor twice over.

The bar under the headline on the index is floored so it stays visible at all, which makes the drawing approximate where the number beside it is exact. The number is what the reader is given; the bar is the shape of it.

The mark on a token whose creator provably backs it. The outer ring reads CERTIFIED AUTHENTIC over PROVABLY CREATOR-BACKED, and a token needs both halves to be true.

This seal means the sheet tags the token CREATOR or BLESS, a proof URL is on file, and the token is graded C or better: S, A+, A, B or C.

Three conditions. A creator behind it: the CREATOR tag (minted with the creator’s consent) or BLESS (the creator publicly blessed it afterwards) — IP alone is not enough, because holding or licensing the rights is a claim about rights, not about a person backing the token. Something to point at: a proof link on the record. Without the link the claim rests on the index’s say-so, which is the thing the index exists to argue against. And a grade of C or better: a token graded D, E or F, or not graded at all, does not earn the seal however it is tagged, and a regrade below C takes its certificate down with it.

The threshold is the owner’s ruling — C and above — and it inherits the grade’s nature: a grade is an editorial judgement made by hand, so the seal is one too. The seal reads no questionnaire answer, so a sealed token can carry a tag its own answers do not back; those rows are listed on How we grade. Only tokens on the index can earn it — a CREATOR or BLESS tag on another board is not a seal — and every token that has earned it has a certificate page.

What the seal does not say: it is an editorial judgement made by hand from the public evidence linked on the certificate — not a cryptographic proof, not a security audit, and not a view on the token as an investment.

The date a maintainer last went through a token’s review — the questionnaire, the grade, the tags — as typed into the sheet. It is never the time this site last read the sheet.

The site reads the sheet every minute, so the moment it did so says nothing about when anyone last checked the answers, and the two are kept apart on purpose. A token with no date shows Not yet dated rather than a guess. The same date is what a crawler is given as the page’s modified date, and it is left out where there is none.

What it does not say: a recent date means the row was looked at, not that anything was found or changed. It does not by itself say whether the creator still supports the token — it says when that was last checked.

The token has no exchange pool. Its price and market cap come from Dank Bank’s own AMM, which will sell to you but can only buy back what its real ETH reserve covers.

The pool quotes against an ETH reserve that is almost entirely virtual, so the price is an ask, the market cap is marked to that ask, and a sell above the real reserve reverts. The real ETH in each pool is printed beside the figures on the token page. Those market caps are nominal: shown on the row, and counted in no total, share or rank — together they mark to many times the real ETH that could actually be paid out, and folding them into the headline would overstate the whole index.

A market cap shown on its row that counts in no total, share or rank: a mark off Dank Bank’s AMM, or a fully diluted valuation reported where the price source knows no circulating supply.

Every market cap on the site carries its source, and one rule decides whether it may enter a sum, a ratio or a rank: a price source must have reported it as a market cap — a circulating supply at a price a holder could sell at. An AMM mark is an ask against a reserve that cannot pay it; a fully diluted valuation is price times total supply, most of which may never trade. Both stay visible because a figure with its caveat beats a dash, and under Marketcap the row sorts with the rows that have no figure.

The rule is applied in one place, so the index total, both sides of the authenticity share, the Marketcap sort and the markets API cannot disagree about which figures count. Whether a nominal figure should ever count is an open editorial decision; if it changes, it changes everywhere at once.

The token has a contract on file but no tradeable pool that the price sources can see, so no price, volume or market cap is shown.

A sizeable part of the index has no tradeable pool at all; most of those rows are fractionalized-NFT tokens that were never listed on an exchange. They stay in the index because their authenticity is the point, and they are marked No active market rather than dropped or shown with a misleading zero. It is a fact about a token — compare No contract on file, which is the absence of one.

The row has no usable contract address at all — a collection, a person, or an entry not yet filed — so there was nothing to price.

On the boards other than the index a row without a contract is kept, because those tabs list subjects rather than only priced tokens. Calling it No active market would assert a token whose pool dried up, which is a guess. Among rows with no figure, one with a contract but no pool sorts above one with no contract on file.

What the treasury addresses listed on the treasury page hold of this token right now — an amount, none, or unanswered where a wallet could not be read — derived from those wallets on every refresh, never typed in.

Three states, and they are not interchangeable. An amount means the token was found in a treasury wallet, on the supplied side of a pool the treasury provides liquidity to, or in a vesting grant to it. None means the treasury has a wallet on the token’s chain and the token is in none of them. Unanswered means the question could not be answered this time — a wallet read failed, the DAO has no wallet on any chain the token is deployed to, or the treasury could not be read at all — and an unread chain is never shown as an empty one.

The dollar figure is the amount at the token’s own price on this site, shown only where that price sits under a market cap that counts; a token whose only figure is nominal, or that has no quote, shows the amount alone. A wallet balance below a dollar, or below one whole token where there is no price, does not count as held, because the treasury addresses are public and anyone could send a wisp of anything to them; what the treasury itself put into a pool or was granted needs no floor. Every wallet group counts, including the ones whose addresses are not published: the disclosure is about exposure, whoever holds the keys.

This is a disclosure, not a grade. It says what the people who make this index are exposed to, and it colours nothing. The sheet’s own DAO owns this token? column is an annotation the maintainers keep by hand; the site never reads it for the answer, and lists any row where the two disagree on How we grade.