The KENDU Monthly · No. 14

April 2025

At the end of April 2025, 13.7% of the KENDU in wallets and treasuries had sat for over a year, and on average it had sat 222 days. 14,715 wallets held KENDU on Ethereum. On Uniswap, 110 wallets bought and 406 sold during the month.

On-chain data to 30 Apr 2025.

What holders built in April

In KENDU’s story

The last three months

The three months to the end of Apr 2025

Better for holders

  • KENDU is being held longer
  • half the KENDU is spread over more wallets
  • fewer wallets are selling on Uniswap

The other way

  • fewer wallets are buying on Uniswap
  • fewer buyers are on a streak

About the same: wallets holding KENDU.

Held 1+ year at each month end13.7% of the KENDU in wallets and treasuries at the end of Apr 2025
Wallets buying and selling on Uniswapbuying 110selling 406in Apr 2025

How long KENDU is held

Held 1+ year

13.7%

of the KENDU in wallets and treasuries, unmoved for over a year

8.7% at the end of Mar

Average time held

222 daysbetter for holders: rising for 5 months, from 138 days

the KENDU in wallets and treasuries, weighted by amount

203 days at the end of Mar · 46 days a year earlier

the longest at a month end so far

13.7% of the KENDU in wallets and treasuries had not moved for over a year at the end of Apr: 124B of 903B.

On average, the KENDU in wallets and treasuries had sat in its wallet 222 days at the end of Apr, 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

14,715about the same as in Jan

on Ethereum, wallets with 1 KENDU or more

14,739 at the end of Mar · 1,143 a year earlier

Wallets holding half

138better for holders: rising for 7 months, from 57

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

120 at the end of Mar · 35 a year earlier

the most at a month end so far

14,715 wallets held KENDU on Ethereum at the end of Apr, 24 wallets fewer than at the end of Mar.

Half of the KENDU in holder wallets sat in 138 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

110the other way for holders: down since Jan, from 268

each wallet counted once in the month

169 in Mar · 284 a year earlier

the fewest in a month so far

Wallets selling on Uniswap

406better for holders: falling for 3 months, from 1,328

each wallet counted once in the month

532 in Mar · 284 a year earlier

the fewest in a month since Apr 2024

KENDU bought on Uniswap

67.72B

all wallets together

112B in Mar · 332B a year earlier

the least in a month so far

KENDU sold on Uniswap

68.10B

all wallets together

108B in Mar · 342B a year earlier

the least in a month so far

110 wallets bought KENDU on Uniswap in Apr and 406 sold, each wallet counted once.

67.72B KENDU was bought and 68.10B sold: 379M 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 days65.98B69.8% of it
  • Sat 30 days to 6 months21.19B22.4% of it
  • Sat 6 to 12 months6.19B6.5% of it
  • Sat 1 to 2 years1.14B1.2% of it

94.50B KENDU was sold straight from wallets in Apr: 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.

69.8% of it had sat in its wallet under 30 days.

1.2% of it had sat over a year; in Mar, 0.1% of what was sold had.

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

301the other way for holders: falling for 6 months, from 821

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

416 at the end of Mar

the fewest at a month end since Jun 2024

301 buyers were on a buying streak at the end of Apr.

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

116

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

174 in Mar

Of the 455 new buyers of Jan, 359 (78.9% of them) still held at least half of their KENDU at the end of Apr.

Of the 419 new buyers of Oct 2024, 238 (56.8% of them) still held at least half of their KENDU at the end of Apr.

Of the 250 new buyers of Apr 2024, 98 (39.2% of them) still held at least half of their KENDU at the end of Apr.

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 Apr.

3.25B burned in all by the end of Apr, 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

34.94B

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

33.04B at the end of Mar

the most at a month end so far

11 wallets sent 7.99B KENDU to Solana and Base through the Wormhole bridge in Apr.

6.08B came back to 11 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.

A year on

Of the 1,106 wallets that held 1M+ KENDU at the end of Apr 2024, 113 (10.2% of them) held about the same at the end of Apr, within 5% of their bag.

The rest: 115 held more, by over 5% of their bag; 227 held less, by over 5% of it; 651 held under 1M.

8,745 wallets that held under 1M then held 1M+ at the end of Apr.

The 250 biggest holder wallets of Apr 2024 held 868B then and 131B at the end of Apr: 24 still held at least 95% of their bag, 175 held under 1M.

How it’s counted
Holder wallets only. A move to another wallet counts as leaving, even between wallets of the same owner, so these counts differ from the Overview’s, which counts a holder’s own wallets once.

Records and lows in Apr 2025

  • Average time held: 222 days, the longest at a month end so far.
  • Wallets holding half: 138, the most at a month end so far.
  • Wallets selling on Uniswap: 406, the fewest in a month since Apr 2024.
  • KENDU bought on Uniswap: 67.72B KENDU, the least in a month so far.
  • KENDU sold on Uniswap: 68.10B KENDU, the least in a month so far.
  • Locked in the bridge: 34.94B KENDU, the most at a month end so far.
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, April 2025: Held 1+ year 13.7% of the KENDU in wallets and treasuries; Wallets holding 14,715 on Ethereum; On Uniswap 110 / 406 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.