Real-token results.
The engine replayed on 2 real HyperEVM mainnet tokens. This is a partial analysis: holder integrity only. Volume and market-cap signals need a swap adapter per DEX and are not computed yet. Results describe observable patterns, never intent.
Hand-check is in progress. A flag counts as a false positive only after someone opens the wallets on the explorer and rejects it; until then no false-positive rate is claimed.
Every cluster, with links.
- HPL:C1 · 6 wallets linked by funding sourceawaiting hand-check
Common funder 0x27567c…b21e1a (account, 8,531 transactions).
- HPL:C2 · 4 wallets linked by funding sourceawaiting hand-check
Common funder 0x7becce…90a1ad (account, 474 transactions).
- HPL:C3 · 3 wallets linked by funding sourceawaiting hand-check
Common funder 0x0aee16…8cbf98 (account, 13,947 transactions).
- HWAVE:C1 · 23 wallets linked by funding sourceawaiting hand-check
Common funder 0x24a531…f99848 (account, 2 transactions).
- HWAVE:C2 · 10 wallets linked by funding sourceawaiting hand-check
Common funder 0xaebb8f…2eb4c2 (account, 36 transactions).
- HWAVE:C3 · 4 wallets linked by funding sourceawaiting hand-check
Common funder 0x27567c…b21e1a (account, 8,531 transactions).
- HWAVE:C4 · 3 wallets linked by funding sourceawaiting hand-check
Common funder 0x16b3c4…221683 (account, 10 transactions).
- HWAVE:C5 · 3 wallets linked by funding sourceawaiting hand-check
Common funder 0x1ab8aa…0bdcad (account, 6,897 transactions).
Method and limits
- All ERC-20 transfers since contract creation were downloaded and balances rebuilt. Receipts re-fetch totalSupply, balances and nonces at the snapshot block, and funding transactions by hash.
- Contracts among the top 200 holders (pools, vaults, bridges) are excluded as infrastructure. Funders that are contracts or very busy accounts (over 20,000 transactions) are ignored as exchange-like or router-like. Both rules are heuristics and are listed per token in
evidence/real/. - Funding links use the first inbound native-token transfer of the top 1,000 holders. Funding through exchanges, mixers or contracts is invisible.
- Receipts were verified through the same RPC provider as the indexer, so they are a second request, not a second provider.
- No volume, market-cap, wash or same-block findings are published for real tokens yet.