May 2026
At the end of May 2026, 63.9% of the KENDU in wallets and treasuries had sat for over a year, and on average it had sat 1.23 years. 14,170 wallets held KENDU on Ethereum. On Uniswap, 145 wallets bought and 154 sold during the month.
On-chain data to 31 May 2026.
What holders built in May
In KENDU’s story
- 6 MayThe Kendu Spice wallet starts buying KENDU from the Uniswap pool about once a month: 6 buys from 6 May to 2 October.
- 7 MayKendu Golf is previewed with its own site, kendu.golf.
- 9 MayKenduBeers releases a tropical double IPA.
- 16 MayKendu Spice launches its own website, kenduspice.com.
- 19 MayThe last daily 24H Recap appears on the subreddit, about 14 months after the first in March 2025.
- 26 MayThis site’s treasury receives its first KENDU.
- 29 Maykenduconviction.com opens as a public beta.
Proof on-chain
Kendu Spice (thespiceguy.eth): 43M more KENDU in its wallet at the end of May than at the end of Apr, 49M in all.
Kendu Brilliance (kendubrilliance.eth): no change in May, 132M KENDU in its wallet.
This site’s treasury got its first KENDU in May: 38M 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 last three months
The three months to the end of May 2026
Better for holders
- more of the KENDU in wallets and treasuries has sat a year
- KENDU is being held longer
- fewer wallets are selling on Uniswap
The other way
- fewer wallets hold KENDU
- half the KENDU sits in fewer wallets (more concentrated)
- fewer wallets are buying on Uniswap
- fewer buyers are on a streak
How long KENDU is held
Held 1+ year
of the KENDU in wallets and treasuries, unmoved for over a year
61.8% at the end of Apr · 24.1% a year earlier
the highest at a month end so far
Average time held
the KENDU in wallets and treasuries, weighted by amount
1.19 years at the end of Apr · 237 days a year earlier
the longest at a month end so far
63.9% of the KENDU in wallets and treasuries had not moved for over a year at the end of May: 542B of 849B.
On average, the KENDU in wallets and treasuries had sat in its wallet 1.23 years (450 days) at the end of May, weighted by amount.
How it’s counted
Wallets holding KENDU
Wallets holding KENDU
on Ethereum, wallets with 1 KENDU or more
14,237 at the end of Apr · 14,773 a year earlier
the fewest at a month end since Nov 2024
Wallets holding half
the fewest holder wallets that together hold half of the KENDU in holder wallets
133 at the end of Apr · 143 a year earlier
14,170 wallets held KENDU on Ethereum at the end of May, 67 wallets fewer than at the end of Apr.
Half of the KENDU in holder wallets sat in 134 wallets.
How it’s counted
On Uniswap
Wallets buying on Uniswap
each wallet counted once in the month
101 in Apr · 434 a year earlier
Wallets selling on Uniswap
each wallet counted once in the month
119 in Apr · 806 a year earlier
KENDU bought on Uniswap
all wallets together
24.60B in Apr · 128B a year earlier
KENDU sold on Uniswap
all wallets together
29.48B in Apr · 122B a year earlier
145 wallets bought KENDU on Uniswap in May and 154 sold, each wallet counted once.
55.30B KENDU was bought and 60.48B sold: 5.18B more sold than bought.
How it’s counted
How old the sold KENDU was
- Sat under 30 days62.76B77.9% of it
- Sat 30 days to 6 months7.95B9.9% of it
- Sat 6 to 12 months3.77B4.7% of it
- Sat 1 to 2 years5.03B6.2% of it
- Sat over 2 years1.02B1.3% of it
80.54B KENDU was sold straight from wallets in May: 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.
77.9% of it had sat in its wallet under 30 days, 1.3% of it over 2 years.
7.5% of it had sat over a year; in Apr, 11.6% of what was sold had.
How it’s counted
Buyers on a streak
Buyers on a streak
a buy in 3+ months, at most 2 in a row without one
75 at the end of Apr · 228 a year earlier
the fewest at a month end since Jun 2024
71 buyers were on a buying streak at the end of May.
How it’s counted
New buyers, and who stayed
New buyers
wallets whose first KENDU was bought this month, holding 1M+ at its end
14 in Apr
Of the 59 new buyers of Feb, 55 (93.2% of them) still held at least half of their KENDU at the end of May.
Of the 65 new buyers of Nov 2025, 36 (55.4% of them) still held at least half of their KENDU at the end of May.
Of the 302 new buyers of May 2025, 155 (51.3% of them) still held at least half of their KENDU at the end of May.
How it’s counted
Burns
No burns of 1M+ KENDU in May.
3.25B burned in all by the end of May, 0.33% of all 1 trillion KENDU.
How it’s counted
Bridge
Locked in the bridge
KENDU held by the Wormhole bridge on Ethereum for Solana and Base
60.73B at the end of Apr · 36.60B a year earlier
the most at a month end so far
19 wallets sent 9.43B KENDU to Solana and Base through the Wormhole bridge in May.
7.03B came back to 19 wallets on Ethereum.
How it’s counted
A year on
Of the 9,156 wallets that held 1M+ KENDU at the end of May 2025, 6,526 (71.3% of them) held about the same at the end of May, within 5% of their bag.
The rest: 516 held more, by over 5% of their bag; 197 held less, by over 5% of it; 1,917 held under 1M.
1,109 wallets that held under 1M then held 1M+ at the end of May.
The 250 biggest holder wallets of May 2025 held 549B then and 377B at the end of May: 145 still held at least 95% of their bag, 78 held under 1M.
How it’s counted
Records and lows in May 2026
- Held 1+ year: 63.9% of the KENDU in wallets and treasuries, the highest at a month end so far.
- Average time held: 1.23 years, the longest at a month end so far.
- Locked in the bridge: 63.14B KENDU, the most at a month end so far.
How it’s counted
Pass it on
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.