The KENDU Monthly · No. 11The community takeover

January 2025

At the end of January 2025, the KENDU in wallets and treasuries had sat 164 days on average; none could be a year old yet. 14,756 wallets held KENDU on Ethereum. On Uniswap, 268 wallets bought and 1,328 sold during the month.

On-chain data to 31 Jan 2025.

Also in January

The last three months

The three months to the end of Jan 2025

Better for holders

  • KENDU is being held longer
  • more wallets hold KENDU
  • half the KENDU is spread over more wallets

The other way

  • fewer wallets are buying on Uniswap
  • more wallets are selling on Uniswap
  • fewer buyers are on a streak
Average time held at each month end164 days at the end of Jan 2025
Wallets buying and selling on Uniswapbuying 268selling 1,328in Jan 2025

How long KENDU is held

Average time held

164 daysbetter for holders: rising for 2 months, from 138 days

the KENDU in wallets and treasuries, weighted by amount

156 days at the end of Dec 2024

the longest at a month end so far

No KENDU could have sat a year yet: launch was on 21 Feb 2024, so the first could turn a year old on 21 Feb 2025.

On average, the KENDU in wallets and treasuries had sat in its wallet 164 days at the end of Jan, weighted by amount.

How it’s counted
Per token: a wallet’s oldest KENDU leaves first, and KENDU arriving in a wallet starts at zero, even from the same owner.

Wallets holding KENDU

Wallets holding KENDU

14,756better for holders: rising for 10 months, from 989

on Ethereum, wallets with 1 KENDU or more

14,603 at the end of Dec 2024

the most at a month end so far

Wallets holding half

104better for holders: rising for 4 months, from 57

the fewest holder wallets that together hold half of the KENDU in holder wallets

102 at the end of Dec 2024

the most at a month end so far

14,756 wallets held KENDU on Ethereum at the end of Jan, 153 wallets more than at the end of Dec 2024.

Half of the KENDU in holder wallets sat in 104 wallets.

How it’s counted
Holder wallets only: no pools, bridge, exchanges, treasuries or the burn address. One person can own several wallets.

On Uniswap

Wallets buying on Uniswap

268the other way for holders: down since Oct '24, from 363

each wallet counted once in the month

246 in Dec 2024

Wallets selling on Uniswap

1,328the other way for holders: up since Oct '24, from 988

each wallet counted once in the month

1,075 in Dec 2024

KENDU bought on Uniswap

321B

all wallets together

148B in Dec 2024

the most in a month since Jun 2024

KENDU sold on Uniswap

326B

all wallets together

145B in Dec 2024

the most in a month since Jun 2024

268 wallets bought KENDU on Uniswap in Jan and 1,328 sold, each wallet counted once.

321B KENDU was bought and 326B sold: 4.98B more sold than bought.

How it’s counted
KENDU leaving a Uniswap pool to a wallet is a buy, a wallet sending KENDU to a pool a sell; adding liquidity also counts as a sell, removing it as a buy.

How old the sold KENDU was

  • Sat under 30 days348B80.3% of it
  • Sat 30 days to 6 months59.20B13.7% of it
  • Sat 6 to 12 months26.38B6.1% of it

433B KENDU was sold straight from wallets in Jan: into a Uniswap pool, to an exchange or through a swap router. That counts more places than On Uniswap above, so the two totals differ.

80.3% of it had sat in its wallet under 30 days.

How it’s counted
Age is per wallet: KENDU moved to another wallet starts again at zero there, so a holder who moves wallets looks young.

Buyers on a streak

Buyers on a streak

547the other way for holders: falling for 3 months, from 821

a buy in 3+ months, at most 2 in a row without one

632 at the end of Dec 2024

the fewest at a month end since Jul 2024

547 buyers were on a buying streak at the end of Jan.

How it’s counted
A wallet (or wallets that move KENDU between them) with a buy in 3 or more months, never more than 2 months in a row without one; counted at each month end.

New buyers, and who stayed

New buyers

455

wallets whose first KENDU was bought this month, holding 1M+ at its end

1,074 in Dec 2024

Of the 419 new buyers of Oct 2024, 261 (62.3% of them) still held at least half of their KENDU at the end of Jan.

Of the 1,070 new buyers of Jul 2024, 640 (59.8% of them) still held at least half of their KENDU at the end of Jan.

How it’s counted
A new buyer’s first KENDU was bought (on Uniswap, from an exchange or through a swap router) and the wallet held 1M+ at that month end. KENDU moved on to a wallet that looks like the same holder still counts.

Burns

No burns of 1M+ KENDU in Jan.

3.25B burned in all by the end of Jan, 0.33% of all 1 trillion KENDU.

How it’s counted
Burned = KENDU sent to 0x…dEaD, which nobody can move. Only burns of 1M+ KENDU are listed one by one.

Bridge

Locked in the bridge

22.86B

KENDU held by the Wormhole bridge on Ethereum for Solana and Base

24 wallets sent 42.19B KENDU to Solana and Base through the Wormhole bridge in Jan.

19.33B came back to 8 wallets on Ethereum.

How it’s counted
On Ethereum: KENDU sent into the bridge and released from it. Wallets on Solana and Base aren’t counted here.

Records and lows in Jan 2025

  • Average time held: 164 days, the longest at a month end so far.
  • Wallets holding KENDU: 14,756, the most at a month end so far.
  • Wallets holding half: 104, the most at a month end so far.
  • KENDU bought on Uniswap: 321B KENDU, the most in a month since Jun 2024.
  • KENDU sold on Uniswap: 326B KENDU, the most in a month since Jun 2024.
How it’s counted
Against every full month before this one since Mar 2024 (launch week left out). “Since” is the last month at least as high, or as low, when that was 6 or more months back. Green is better for holders, grey neither.

Pass it on

The KENDU Monthly, January 2025: Average time held 164 days the KENDU in wallets and treasuries; Wallets holding 14,756 on Ethereum; On Uniswap 268 / 1,328 wallets buying / selling

The card shows this issue’s numbers. “Make your own card” opens Explore & share with today’s numbers for the last 30 days.

Every number comes from replaying every KENDU transfer on Ethereum since launch (Method). Full calendar months only, in UTC.