A $202M market cap on 1.6% of the supply
Locked supply usually reads as a safety sign. On $uni the creator bought almost the whole supply in the first transaction and locked 98.4% of it back to itself, so only 1.6% could trade. That thin slice carried a market cap of about $202 million at the top. Here is how it worked, step by step.
The addresses
Coin
$uni
jM9r9PJFyPaMEbhGZPbDeZJiysn2pfyz5TzdDs5pumppump.fun coin created 2026-11-01 20:53:28 UTC; moved to its pool in the same block
Run the bundle check →Creator
yHCxHBEaJW5t…
yHCxHBEaJW5tbndqC8JciSThr7U1cqLpdcsvHcx6PReBought 99.19% in the creation transaction for 2,219.5 SOL, then locked 98.4% back to itself
Open the cluster report →Pool
3UydvHKHxDm7…
3UydvHKHxDm77yPPDsKsvd73Kt8uQ48N4PNjuWN42HDJOpened with 2,153 SOL against 0.81% of the supply
Open the cluster report →What the data shows
The creator bought 99.19% in the first transaction
The creation transaction (position 184 of block 464233504) also bought the coin: the creator paid 2,219.5 SOL and received 99.19% of the supply. That completes the bonding curve at once, so the very next transaction in the same block moved the coin to its trading pool.
A $25 million market cap before anyone else bought
The pool opened with 2,153 SOL (about $203,000) against only 0.81% of the supply. Price is SOL divided by tokens in the pool, so the coin started at a market cap of about $25 million, paid for entirely with the creator's own money. Deep liquidity and a big market cap in the first second make a coin look established.
98.4% locked, but back to the creator
Within five minutes the creator moved almost all of its supply into five lock contracts. Each one pays the tokens back to the creator itself: sender and recipient are the same wallet. None can be cancelled. Today they hold 98.4%: 90.5% unlocks on December 31, 2026 and 7.9% on October 31, 2027. To a buyer, "98% locked" sounds like a commitment. Here it means the creator keeps the supply and gets it back later.
Only 1.6% could trade, so small sells paid a lot
With almost everything locked, the pool and the market traded a sliver of the supply. Five minutes after launch the creator sold just 0.19% of the supply in 94 sells and received 1,398.87 SOL. On a normal float that amount of tokens would fetch a fraction of that.
About $202 million at the top, about $8.8 million now
Read from the pool itself, the price peaked at 21:37:14 UTC, giving a market cap of about $202 million (SOL at $94.54). Three minutes before that top, at 21:34:24 UTC, the creator sent 2,050 SOL to another wallet. A market cap of $202 million on 1.6% of the supply means the coins anyone could actually buy were worth about $3.2 million. On November 2 the market cap was about $8.8 million, 95.7% below the top.
What to watch next
On December 31, 2026, 90.5% of the supply returns to the creator in one go, more than 50 times the share that trades today. Whatever the creator does with it decides the price. Nothing obliges it to sell, but nothing stops it either.
How to spot it yourself
1. Check how much the creator bought in the creation transaction. 2. When you see "locked", open the lock and read who receives the tokens and when. A lock to the creator is creator supply with a date on it. 3. Compare the market cap with the share that actually trades: a big number on a tiny float means little. Or paste the coin into the unbundle Bundle Check: it now reads the locks, the recipient and the unlock dates, and shows how much of the supply the creator still controls.
The launch
Re-read from mainnet on 2026-11-02; every signature is finalized.
The five locks
Each lock's sender and recipient is the creator; none can be cancelled or transferred. "Holds today" is slightly below what was deposited.
The top
Market cap = pool price × 1 billion tokens × SOL/USD for that minute.
Limitations
- •This describes what the creator's wallet did on-chain. It does not establish who controls that wallet, or intent.
- •We cannot say whether the creator made money overall: it put 2,219.5 SOL in, took 1,398.87 SOL out by selling, and still controls about 98.4% of the supply. We did not trace where the 2,050 SOL went next.
- •Peak and current market caps are computed from the pool's own reserves and a public SOL/USD minute price; other sites can show slightly different numbers.
- •A lock that pays the creator is not wrongdoing by itself. The risk is that it looks like a safety sign when it is not.
- •Nothing here is a legal conclusion or an accusation of unlawful activity.
Check it yourself
Open the creation and pool transactions and compare positions in block 464233504. Open each lock transaction and read the lock's recipient and unlock time. Paste the coin into the unbundle Bundle Check to see the same result. If something does not match the chain, tell us and we will correct it.