WEEKLY AGGREGATE · ZERO TOKEN NAMES · DENOMINATOR STATED

State of the Trenches.

What the instruments measured across the trending-token population over the last 7 days (2026-10-04 → 2026-10-11) — aggregates only, never individual tokens: this report is about the water, not any fish. The denominator everywhere is tokens that were already trending with real liquidity — the population a buyer is about to enter. Machine-readable at /trenches.json.

Tokens probed
825
No sell route
143 (17.3%)
Scan rounds
8
Left the board
118

The boards, averaged

ChainAvg listed/dayAvg newborns/dayDays recorded
base250.67
arbitrum2407
robinhood247.17
optimism1307

The graveyard's week

118 tokens left the board this window — 3 because the exit probe stopped finding a sell route, 115 by trading heat. Every one keeps its page as a dated record: the radar's tombstones are the only archive that measured them while they were alive.

The week in one paragraph, ready to quote

Trenches, last 7d: our on-chain Quoter probed 825 trending tokens across 8 rounds — 143 (17.3%) had no sell route. 118 left the board (3 lost their exit). Denominator: tokens already trending with real liquidity. Measured, not vibes → blazephoenix.xyz/trenches

Quote it, repost it, screenshot it — CC BY, attribution appreciated. The same text ships machine-readably in /trenches.json for pipelines.

Weekly editions — frozen, citable

The window above moves every day. Each closed week below is published once and never revised: link to an edition when you quote a number. All editions as CSV.

  • 2026-W40 · 2026-09-28 → 2026-10-04 · 96/708 no exit route (13.6%)
  • 2026-W39 · 2026-09-21 → 2026-09-27 · 86/597 no exit route (14.4%)
  • 2026-W38 · 2026-09-14 → 2026-09-20 · 82/639 no exit route (12.8%)
  • 2026-W37 · 2026-09-07 → 2026-09-13 · 56/463 no exit route (12.1%)

Get each edition when the week closes: Telegram channel · X

Where these numbers come from

The daily dataset › · The HPF taxonomy › · All open metrics ›