# Cope (COPE) on 01Resolved

As of 2026-11-04: COPE trades at $0.005139, a premium of 14.1% to its NAV/AS of $0.004504. Total NAV is $45.4K, the monthly allowance is $5K, estimated runway is 7–10 mo. The ICO price was $0.005000 (+2.8% to the current price).

**Coverage:** Active ownership coin · **Token:** COPE (`JCvQTE37BG4Ybn5nC7yWkFRpd2ACLaVyxM7KMM1mmeta`) on Solana

In the project's own words: "Lose a trade, own a piece of the vault: cashback comes as $COPIUM, shares of the pool you traded against, while $COPE holders own and run the protocol. Degen perp traders want extreme leverage, and the market has no good place for it. Hyperliquid stops at 40x, and Solana perps stop well below 1000x. On order-book venues, fees are charged on position size: at 1000x, a 0.045% taker fee costs about 45% of the margin just to open, plus funding and slippage. When the trade loses, which most do, the trader gets nothing back. The one venue that offered 1000x, Papertrade on HyperEVM, proved the demand with $62.1M in fees in its first 13 days. It also showed what breaks. Small trades waited in a relayer queue behind large ones, so fills were slow and prices uncertain. Prices came from a single venue's best bid and offer, a manipulation vector. There were no limit orders, no take profit and no stop loss, so every position had to be watched by hand. The token minted from losses was not liquid, and the dev share of fees went to the team rather than to first believer and team. Degen perp traders on Solana, and the platforms that build on Cope through builder codes. 1000x with no funding or slippage, and up to 20% of every loss comes back as pool shares. Papertrade, the same model on HyperEVM, made $62.1M in fees in 13 days (DefiLlama, 2026-10-22). $5M went to its team; on Cope that share goes to the DAO. In October 2026 Papertrade proved the demand. It also exposed two flaws. The chain: small trades queued behind large ones, with no limit orders or stops. The tokenomics weren't sustainable: the token wasn't liquid. Cope rebuilds it on Solana with sub-second fills and a more sustainable approach to tokenomics. Not live yet. The Solana program goes to devnet at the begining of november 2026. Mainnet is planned before the end of November 2026. The landing page and full docs are public. Cope protocol Perps engine up to 1000x with limit, TP and SL, Pyth oracle, usdV vault with liquid $COPIUM cashback, session keys and gasless relayer. Devnet end of October. Builder codes and referrals Builder codes let platforms list Cope markets and share the fees; referral codes pay 10% of treasury fees. Both on chain from launch. $COPE staking Staking tiers for up to 1.2x cashback and a win fee as low as 2.0%. Of the $50,000 goal, 20% ($10,000) seeds the token's liquidity and 80% ($40,000) goes to the company treasury, spent under a public cap of $5,000 per month. Each month: about $3,000 for infrastructure, of which $2,500 is the Pyth price feed and the rest Solana RPC, the relayer that pays traders' gas, and hosting; $1,000 to Spark for advisory and launch ops (Raise support, branding, comm, go to market and partnerships support); and $1,000 kept as a buffer for unexpected costs. The founders take no salary at the beginning (Once the protocol live - first revenue generated they will ask by a proposal). They are paid only through the performance package, which unlocks if the token price multiplies for backers (depending how it goes a proposal to remove the 18months unlock may happen). The first 3 months, $15,000 or 30% of the raise, fund devnet, mainnet and the first months of trading. After that, revenue and token price are reviewed. If Cope protocol is not working, a liquidation proposal returns the remaining treasury, about $35,000, to backers. Devnet The full protocol on Solana devnet, open to backers and testers with test funds. Mainnet launch Trading opens at up to 1000x, $COPIUM cashback, builder codes and referrals live on chain. First partners First platforms and front-ends route their traders to Cope markets through builder codes. 3-month review Revenue and token price reviewed against the plan; continue or return the treasury to backers. Papertrade's launch won't repeat Papertrade's $62.1M in fees came from a launch frenzy and its tokenomics proved unsustainable. Cope's are built to last, so less speculative: expect less hype than Papertrade got. No external audit before mainnet The program will not be audited by a third party at launch; no audit is budgeted. A bug in the vault, oracle checks or payout queue could cost traders and vault depositors their funds. The vault can run short If traders win more than the vault holds, profits wait in a first-in, first-out queue, fees pause and withdrawals stop until it clears. A long streak of winners could freeze payouts for a while. An experimental model Cope learns from Papertrade, but the model is new and parameters, tokenomics and features may change before and after mainnet. If it does not work within 3 months, the treasury left is returned to backers. 1000x will attract attackers 1000x leverage on chain has never been done, and it will draw people trying to break it: oracle manipulation, latency games, edge cases in liquidations. Expect the protocol to be stress-tested hard at launch; a successful attack could drain the vault. Start where the demand already is: Papertrade traders who want 1000x without the queue, and Solana degens who already trade high leverage. Growth then comes from strategic partners in the Solana ecosystem, and from a product traders actually enjoy: one-click 1000x, and a loss that pays something back. Three loops do the distribution. Referrals pay 10% of the treasury's fees on every trade a friend makes. Builder codes let bots, Telegram front-ends and other platforms list Cope markets and share the fees. Cashback in $COPIUM turns every losing trader into a vault holder. None of this works without a model that holds up, so the pool keeps a positive edge at every leverage and fees go to the DAO. How Cope fixes what broke on Papertrade: 1 - Solana: no relayer queue, sub-second fills, limit, TP and SL. 2 - Pyth oracle, aggregated from many sources, so there is no single-venue BBO to manipulate. 3 - $COPIUM cashback is liquid from minute one: hold it, or burn it for $USD. Anyone can deposit and join the house. 4 - Builder codes and referrals on chain 5 - Protocol fees go to the $COPE DAO, not a dev team. 0xDub Founder/CEO 0xSango Co-founder/CTO Spark Advisor Founder/CEO"

Generated from the live 01Resolved platform. Data as of 2026-11-04 11:23 UTC; figures change continuously. Use the project pages for current values and history, and the [01Resolved API](https://01resolved.com/docs) for data beyond what the pages display. Inclusion is not an investment endorsement.

- [Overview](https://www.01resolved.com/cope/overview): market metrics, holder rankings, ICO, and token distribution.
- [Financials](https://www.01resolved.com/cope/financials): treasury, NAV and NAV/AS history, revenues, runway, token supply, and forecasts.
- [Proposals](https://www.01resolved.com/cope/proposals): governance proposals and decision-market analytics.

## Treasury, NAV, and runway

DAO entity figures, as shown on the [financials page](https://www.01resolved.com/cope/financials).

| Metric | Value |
| --- | --- |
| Total NAV (net asset value) | $45.4K |
| NAV/AS (NAV per adjusted share) | $0.004504 |
| Price premium (+) or discount (-) to NAV/AS | +14.1% |
| Monthly allowance | $5K |
| Runway (excluding to including LP value) | 7–10 mo |

NAV is the value of the treasury's non-native assets. NAV/AS divides it by adjusted supply: total supply minus protocol-controlled and unvested tokens. The monthly allowance is the spending limit enforced by the treasury contract. Runway runs from non-native treasury value ÷ allowance to that plus the non-native side of LP positions; it is an estimate, not a forecast.

## Revenues and expenses

- Revenue: not yet published on 01Resolved for this project. Unavailable is not zero.
- Expenses: not yet published on 01Resolved for this project. Unavailable is not zero.

A treasury inflow is not automatically earned revenue, and a wallet outflow is not automatically an operating expense.

## Market

| Metric | Value |
| --- | --- |
| Price | $0.005139 |
| Market cap | $66.29K |
| FDV (fully diluted valuation) | $132.59K |
| Circulating supply | 12.9M |
| Total supply | 25.8M |
| Liquidity | $24.89K |
| 24h volume | $22.43K |

## ICO

| Metric | Value |
| --- | --- |
| ICO price | $0.005000 |
| ICO date (sale closed) | 2026-11-03 |
| Return from ICO price to current price | +2.8% |
| Target raise | $50K |
| Funds committed | $371.96K |
| Funds accepted | $50K |
| Contributors | 41 |
| Median contribution | $1K |
| Average contribution | $9.07K |

Committed funds above the target can be refunded; accepted funds are what the project kept.

## NAV/AS and price history

The last observation of each day over the past month, from the 1M NAV/AS chart on the [overview page](https://www.01resolved.com/cope/overview). The 3M and All history is available with a free 01Resolved account.

| Day (UTC) | NAV/AS | Price | Prem/Disc |
| --- | --- | --- | --- |
| 2026-11-03 | $0.005000 | $0.005033 | +0.7% |
| 2026-11-04 | $0.004504 | $0.005139 | +14.1% |

All-time discount/premium range: low -1.3% (2026-11-04), mean +4.8%, high +14.3% (2026-11-03).

Projected NAV/AS if monthly allowances are drawn (a model, not a forecast): 2026-12-15 $0.004008, 2027-01-15 $0.003511, 2027-02-15 $0.003015.

## Treasury composition

Treasury allocation: $45.33K, across the DAO's treasury accounts. Total NAV above applies the project's NAV methodology, so the two can differ slightly.

- **Main** (1 account): $34.98K, 77.16% of treasury
  - 35K USDC: $34.98K (100.00% of Main)
- **LP Positions** (2 accounts): $10.34K, 22.83% of treasury
  - 10.35K USDC: $10.34K (99.98% of LP Positions)
  - 0.01 SOL: $1.5 (0.01% of LP Positions)

## Native token holdings

17.92M COPE held across 4 project wallets, worth $92.12K at market. Native tokens are shown separately from the treasury and are not interchangeable with liquid treasury assets.

| Wallet | Amount | Value |
| --- | --- | --- |
| Team Performance Package | 12.9M | $66.29K |
| Fundraise - ICO | 2.19M | $11.27K |
| FutarchyAMM | 1.95M | $10.03K |
| Meteora AMM | 878.58K | $4.51K |

## Token supply

| Metric | Value |
| --- | --- |
| Current supply | 25.8M |
| Net change (30 days) | +25.8M |
| Total minted | 25.8M |
| Total burned | 0 |

Latest mint and burn events (1 of 1):

| Date (UTC) | Event | Amount | Resulting supply |
| --- | --- | --- | --- |
| 2026-10-28 | Mint | +25.8M | 25.8M |

## Token distribution

Share of total supply by allocation.

| Allocation | Share |
| --- | --- |
| Public Sale/ICO | 38.76% |
| Liquidity | 11.24% |
| Team | 50% |

## Team performance package

A tranche unlocks when the cliff has passed and the 3-month TWAP reaches its price target. The cliff ends on 2028-04-26. The TWAP over the available history (under 3 months) is $0.005094.

| Metric | Value |
| --- | --- |
| Tokens in package | 12.9M COPE |
| Unlocked | 0 |
| Claimed | 0 |

| Target | Price target | Tokens | State |
| --- | --- | --- | --- |
| 2x | $0.01000 | 2.58M | Locked |
| 4x | $0.02000 | 2.58M | Locked |
| 8x | $0.04000 | 2.58M | Locked |
| 16x | $0.08000 | 2.58M | Locked |
| 32x | $0.1600 | 2.58M | Locked |

## Top holders

The 10 largest wallets of 44 indexed holders. Balances synchronise every 30 minutes.

| Rank | Wallet | Project account | Balance | Share of total supply |
| --- | --- | --- | --- | --- |
| 1 | `AUMyYCKyBjujj7bBm4NTvAfUkWF6FZssJiFVyMdKEgEM` | Team Performance Package | 12.9M | 50.00% |
| 2 | `HpzwQ2mjQ2v8vFasTTrmoqSZwugBEH8vx3oLex3amruj` | – | 7.88M | 30.56% |
| 3 | `CLXu6iccwqdoG36M7odca5X712vjEnJ2kJSGuDBnmBhy` | FutarchyAMM | 1.95M | 7.56% |
| 4 | `HLnpSz9h2S4hiLQ43rnSD9XkcUThA7B8hQMKmDaiTLcC` | – | 1.76M | 6.82% |
| 5 | `ACMGLaYDCFFgrXTV8dAr824qhSRGxsvcAEPiq9kLbRDE` | – | 186.02K | 0.72% |
| 6 | `43DBoLB6UHtAnXshMZ7fYXjNE5btaud6uidhcz6Pz3Qq` | – | 143.77K | 0.55% |
| 7 | `EsdZWDcvYGPGzbmRiRuWaLGRRoGu2GFG2i8s25Jx3cY2` | – | 141.16K | 0.54% |
| 8 | `CDMXrDiX24SHg7AiYbEeiad3Lix8nufQqjf4XudiKZxo` | – | 108K | 0.41% |
| 9 | `4nx7JdCeudWCz1c3ouco2foVhT2YT3HGss7Xu45qRBMA` | – | 91.23K | 0.35% |
| 10 | `7dT6WKNa5yJeiduBapUZzBRgZc8LgDMxBE7mVRy3WTmS` | – | 91.17K | 0.35% |

Project account names come from Cope's account registry; other wallets are unlabelled. A wallet is not necessarily one person: exchanges, custodians, and protocol accounts appear as wallets. Holder cost basis requires authorized access and is not published here.

## Proposals and decision markets

0 proposals. Across Cope's decision markets: $0 volume, 0 trades, 0 unique traders. The [proposals page](https://www.01resolved.com/cope/proposals) and each proposal's summary cover pass/fail pricing, TWAP, outcome strength, and trader participation.

## Account registry

5 active accounts tracked for Cope, from the Account Registry on the [financials page](https://www.01resolved.com/cope/financials). Total value $107.12K; native tokens $92.12K. Value excludes the project's own token, which is shown separately. The registry covers every tracked account, including operating-company (OpCo) accounts, so its total can differ from the DAO's treasury allocation and Total NAV above. A dash means the registry shows no value for that account.

### Financing

| Account | Entity | Sub-group | Custody | Address | Active since (UTC) | Value | Native token (USD) |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Fundraise - ICO | DAO | Fundraise | Program | `CJwfkDvYkqiXPB6TXkBFrrjSJ2JHW84z74LCCRAQ45dv` | 2026-10-28 | $61.79K | $11.27K |

### Treasury

| Account | Entity | Sub-group | Custody | Address | Active since (UTC) | Value | Native token (USD) |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Team Performance Package | DAO | Vesting | Program | `AUMyYCKyBjujj7bBm4NTvAfUkWF6FZssJiFVyMdKEgEM` | 2026-11-03 | $0.3 | $66.29K |
| DAO Main | DAO | Main | Multi-sig | `64BizHvsBLJR13cZgoYdwEzNDC4aw3NxWUiTuJE5qHE3` | 2026-11-03 | $34.98K | – |
| FutarchyAMM | DAO | LP 100% | Program | `CLXu6iccwqdoG36M7odca5X712vjEnJ2kJSGuDBnmBhy` | 2026-11-03 | $10.23K | $10.03K |
| Meteora AMM | DAO | LP 100% | Program | `CZr7s7HTzxJB6J3soP5cJWSsfYEF1gw7z5FDkW4qoje1` | 2026-11-03 | $109.87 | $4.51K |

## Citing this data

Source: 01Resolved, Cope project summary, data as of 2026-11-04 11:23 UTC. https://www.01resolved.com/ai/projects/cope.md. For a specific figure, also link the project page it appears on.

## More

- [All covered projects](https://www.01resolved.com/ai/projects.md)
- [Platform capabilities and data guide](https://www.01resolved.com/ai/platform-capabilities.md)
- [Weekly](https://01resolved.com/research/tag/weekly-report/) and [monthly](https://01resolved.com/research/tag/monthly-report/) ownership coin reports
