The KENDU Monthly · No. 18

August 2025

At the end of August 2025, 40.0% of the KENDU in wallets and treasuries had sat for over a year, and on average it had sat 295 days. 14,592 wallets held KENDU on Ethereum. On Uniswap, 246 wallets bought and 523 sold during the month.

On-chain data to 31 Aug 2025.

What holders built in August

In KENDU’s story

Proof on-chain

Kendu Spice (thespiceguy.eth): no change in Aug, 6M KENDU in its wallet.

Kendu Brilliance (kendubrilliance.eth) got its first KENDU in Aug: 5M at the end of the month.

The wallets and what each project says it gives back are on the Projects page.

How it’s counted
The Ethereum wallets that projects list on the Projects page, month end against month end, from the same replay of every transfer. A rise means more KENDU arrived than left; the chain doesn’t say from where. Burns of 1M+ from these wallets are listed one by one.

The last three months

The three months to the end of Aug 2025

Better for holders

  • more of the KENDU in wallets and treasuries has sat a year
  • 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 end40.0% of the KENDU in wallets and treasuries at the end of Aug 2025
Wallets buying and selling on Uniswapbuying 246selling 523in Aug 2025

How long KENDU is held

Held 1+ year

40.0%better for holders: rising for 6 months, from 1.4%

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

39.2% at the end of Jul

the highest at a month end so far

Average time held

295 daysbetter for holders: rising for 9 months, from 138 days

the KENDU in wallets and treasuries, weighted by amount

276 days at the end of Jul · 104 days a year earlier

the longest at a month end so far

40.0% of the KENDU in wallets and treasuries had not moved for over a year at the end of Aug: 356B of 890B.

On average, the KENDU in wallets and treasuries had sat in its wallet 295 days at the end of Aug, 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

14,592about the same as in May

on Ethereum, wallets with 1 KENDU or more

14,582 at the end of Jul · 13,067 a year earlier

Wallets holding half

147better for holders: rising for 2 months, from 140

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

141 at the end of Jul · 60 a year earlier

the most at a month end so far

14,592 wallets held KENDU on Ethereum at the end of Aug, 10 wallets more than at the end of Jul.

Half of the KENDU in holder wallets sat in 147 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

246the other way for holders: down since May, from 434

each wallet counted once in the month

234 in Jul · 452 a year earlier

Wallets selling on Uniswap

523better for holders: down since May, from 806

each wallet counted once in the month

517 in Jul · 1,361 a year earlier

KENDU bought on Uniswap

75.73B

all wallets together

58.12B in Jul · 135B a year earlier

KENDU sold on Uniswap

80.61B

all wallets together

66.91B in Jul · 138B a year earlier

246 wallets bought KENDU on Uniswap in Aug and 523 sold, each wallet counted once.

75.73B KENDU was bought and 80.61B sold: 4.89B 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 days70.44B68.4% of it
  • Sat 30 days to 6 months10.66B10.3% of it
  • Sat 6 to 12 months7.64B7.4% of it
  • Sat 1 to 2 years14.23B13.8% of it

103B KENDU was sold straight from wallets in Aug: 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.

68.4% of it had sat in its wallet under 30 days.

13.8% of it had sat over a year; in Jul, 7.8% 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

169the other way for holders: falling for 10 months, from 821

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

200 at the end of Jul · 686 a year earlier

the fewest at a month end since Jun 2024

169 buyers were on a buying streak at the end of Aug.

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

209

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

154 in Jul

Of the 302 new buyers of May, 202 (66.9% of them) still held at least half of their KENDU at the end of Aug.

Of the 223 new buyers of Feb, 123 (55.2% of them) still held at least half of their KENDU at the end of Aug.

Of the 495 new buyers of Aug 2024, 238 (48.1% of them) still held at least half of their KENDU at the end of Aug.

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 Aug.

3.25B burned in all by the end of Aug, 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

36.82B

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

36.02B at the end of Jul

the most at a month end so far

13 wallets sent 8.08B KENDU to Solana and Base through the Wormhole bridge in Aug.

7.28B came back to 17 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 8,617 wallets that held 1M+ KENDU at the end of Aug 2024, 3,583 (41.6% of them) held about the same at the end of Aug, within 5% of their bag.

The rest: 1,220 held more, by over 5% of their bag; 351 held less, by over 5% of it; 3,463 held under 1M.

3,746 wallets that held under 1M then held 1M+ at the end of Aug.

The 250 biggest holder wallets of Aug 2024 held 705B then and 291B at the end of Aug: 71 still held at least 95% of their bag, 126 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 Aug 2025

  • Held 1+ year: 40.0% of the KENDU in wallets and treasuries, the highest at a month end so far.
  • Average time held: 295 days, the longest at a month end so far.
  • Wallets holding half: 147, the most at a month end so far.
  • Locked in the bridge: 36.82B 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, August 2025: Held 1+ year 40.0% of the KENDU in wallets and treasuries; Wallets holding 14,592 on Ethereum; On Uniswap 246 / 523 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.