Grail · Base + Robinhood Chain · every pool, every swap, every pack

Grail Slab Report

Who actually made money on Grail's card-backed tokens, whether they came through the Grail app or an aggregator, who vaulted real cards, and what GLIST wallets did with their exclusive launch mints. Built from raw on-chain logs, no Grail back-end data.

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Overview

Every Grail token on Base and Robinhood Chain, all-time.

Daily volume and traders

USDC through the Uniswap pools per day; new traders are wallets making their first-ever Grail swap that day.

Tokens by volume

All-time USDC volume and unique traders.

GLIST wallets

GLIST is Grail's allowlist for gated launches. Every wallet that bought a gated pack (Vitalik, Elon, Kai, Kirk, Swift, Allen, Coop, World Cup, Founder) is here, tagged by what it did with the mint: flipped it, sold part, held, or never redeemed.

What GLIST buyers did, launch by launch

Buyers of each gated launch in order of release, split by outcome. Flipper = sold 90%+ of what they redeemed.

How many launches each wallet joined

Repeat participation across the gated launches.

The GLIST, wallet by wallet

Sort any column. ROI counts sale proceeds plus what is still held at the current price against what the wallet paid for packs. Founder packs were free, so their ROI is blank.

Who made money?

Realized + unrealized P&L per wallet, average-cost basis, bots excluded. Pack redemptions carry the pack price as cost; airdropped or transferred-in tokens are priced at the market when received.

P&L distribution

Traders per total P&L bucket.

Share profitable by where they trade

Primary venue group of each trader (where most of their swaps went).

Grail-app users vs everyone else

Wallets split by whether any / all / none of their swaps went through the Grail app.

Profitability by venue

Primary venue, traders, share in profit, median P&L.

Profitability by token

Per token, wallets that bought it at least once. Share in profit uses realized + unrealized at current price.

Biggest winners

Top 25 wallets by total P&L.

Biggest losers

Bottom 25 wallets by total P&L.

Grail app or router aggregator?

Venue = the first contract the wallet's transaction called. All liquidity is Uniswap V3, so this measures front-ends, not exchanges.

Volume by venue group

Share of USDC volume.

Traders by venue group

Unique wallets by primary group.

Holders by venue group

Wallets holding any token now, by where they trade.

Weekly volume by venue group

Stacked USDC volume per week.

Every venue

Swaps, volume, unique traders.

Packs and exclusive mints

Gated LAUNCH and FOUNDER packs (gVITALIK, gELON, gKAI, gALLEN, gCOOP, gKIRK, gSWIFT, Founder) are the exclusive mints. General packs like 100x and Young Kings are shown for scale only.

Exclusive mint cohorts: did they redeem, did they sell?

Per gated pack: buyers, how many redeemed the card into tokens, how many sold, how many dumped 90%+ of what they redeemed, and how fast.

Time from redeem to first sell

Gated-pack buyers who sold.

All pack series

On-chain purchases via the Grail executor.

Exclusive mint buyers, wallet by wallet

Filter by pack. Sold % is tokens sold ÷ tokens redeemed. ROI counts sale proceeds plus what they still hold at current price against pack cost.

Who vaulted their own cards?

Every physical card entering the vault mints tokens (the reserve's tokens-per-card, usually 10,000) straight to the submitter's wallet. If the recipient is Grail's inventory contract, team wallet or another Grail address, Grail vaulted the card itself; anyone else is a user vaulting a card.

Cards entering the vault per month

From ERC-20 mint events, split by who received the tokens.

User vaulters by token

Did vaulting pay? Wallet by wallet

What each vaulter got out of their cards: sale proceeds plus what they still hold at today's price, against the tokens' value the moment they were minted and against what the card itself is worth now (Grail's reserve price).

Every user card mint

Per card: mint price, how much was sold and at what average price, what is still held, and the gain against mint value and against the card's current value.

Vault registry (grail.xyz reserves)

Physical cards backing each token per Grail's own reserves API, with tokens per card and PSA population.

Physical redemptions (burns)

Burning a full card's worth of tokens mints a claim NFT to the redeemer; sending it to Grail submits the claim. Grail burns the claim when the card ships, or burns it and re-mints the tokens if the redemption is cancelled. Each row traces where the tokens came from and how the claim ended.

Snipers

A snipe is a first buy within 5 minutes (150 blocks) of a pool's first liquidity. Sniper = 2+ tokens or a same-block buy; serial sniper = 3+ tokens or 2+ same-block buys.

Snipes per token

Tagged wallets

Launches and momentum

Last 90 days. What each launch did to platform volume, which weekdays carry the volume, and which tokens rise when volume comes in.

Daily platform volume with launches

Gold bars are launch days; hollow markers are spike days (1.5× the trailing 14-day median).

Volume by weekday

Average daily volume, all days vs excluding launch days and the 3 days after.

Launch effects

7-day average platform volume after the launch vs the 7 days before; spillover is the same ratio excluding the new token itself.

Tokens that rise with volume

Average daily return on the platform\'s high-volume days (top quartile) minus low-volume days, and the average 7-day return after other tokens\' launches.

Top tokens deep-dive

The five largest tokens by market cap (gMJ excluded: almost all of its supply sits with Grail). Snipers, supply in sniper hands, top-20 holder behaviour, holder cost basis, and wallet clusters.

Snipers and supply

Sniper = first buy within 5 minutes of first liquidity. Supply shares are against circulating supply and against supply held by non-Grail wallets.

Top-20 holders: how much did they sell?

Tokens sold ÷ tokens that reached the wallet (buys, pack redeems, transfers in).

Current holders: cost basis

Remaining average-cost basis of wallets holding today, against the current price.

Wallet clusters (bundles)

Wallets linked by buying in the same block through the same front-end at launch, by one wallet distributing to 2–20 sub-wallets in a single transaction, or by direct transfers (hub wallets with more than 6 counterparties ignored). Clusters of 3+ wallets. A lower bound: wallets funded from one source but never linked on-chain are not caught.

Largest clusters

FAQ

Where does the data come from?

Straight from the blockchain: every swap, transfer, pack purchase and card redemption on Base and Robinhood Chain, plus Grail's public token, pack and reserve registries. No private data, no API keys.

How often does it update?

Every 20 minutes. The "updated" stamp at the top tells you how fresh the numbers are.

Who counts as a trader?

The wallet that actually ended up with the tokens, even when a relayer, smart wallet or aggregator sat in the middle. Bots that call the pool directly and Grail's own wallets are left out.

How is profit calculated?

Average cost per wallet per token. Buys add cost, pack redemptions count the pack price, and tokens that arrive by transfer are priced at the moment they arrive. Realized profit is what selling brought in above cost; unrealized is what's still held, at today's price.

What is a "venue"?

The app or contract a wallet used to trade: the Grail app, Fomo, a Telegram bot, an aggregator, and so on. Every trade still settles in the same Uniswap pools.

What is GLIST?

Grail's allowlist for gated launches. Every wallet that bought a gated pack is on the list here, tagged as flipper, partial seller, holder or unredeemed.

What is a sniper?

A wallet whose first buy of a token landed within 5 minutes of the pool getting liquidity. Two or more tokens sniped, or a same-block buy, earns the tag.

What is a cluster or bundle?

Wallets that look controlled together: they bought in the same block through the same app at launch, one wallet spread tokens to several others in one transaction, or they pass tokens between each other. Wallets funded from one source but never linked on-chain are not caught, so it's a lower bound.

How is card vaulting measured?

Every physical card entering the vault mints tokens. If the tokens went to a Grail address, Grail vaulted the card; if they went to anyone else, a user did. Burning a full card's worth of tokens starts a physical redemption; the claim either ships or gets cancelled.

Are the numbers exact?

They reconcile with Grail's registry to the card and with public analytics to the dollar on the venues. Tags are heuristics, not facts about any person.