# P2P Protocol (P2P) on 01Resolved

As of 2026-10-24: P2P trades at $0.3958, a discount of 17.4% to its NAV/AS of $0.4789. Total NAV is $4.12M, the monthly allowance is $175K, estimated runway is 17–24 mo. The ICO price was $0.6000 (-34% to the current price).

**Coverage:** Active ownership coin · **Token:** P2P (`P2PXup1ZvMpCDkJn3PQxtBYgxeCSfH39SFeurGSmeta`) on Solana

In the project's own words: "P2P Protocol is a non-custodial fiat-to-stablecoin on/off-ramp that matches users with merchants onchain."

Generated from the live 01Resolved platform. Data as of 2026-10-24 23:31 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/p2p-protocol/overview): market metrics, holder rankings, ICO, and token distribution.
- [Financials](https://www.01resolved.com/p2p-protocol/financials): treasury, NAV and NAV/AS history, revenues, runway, token supply, and forecasts.
- [Proposals](https://www.01resolved.com/p2p-protocol/proposals): governance proposals and decision-market analytics.

## Treasury, NAV, and runway

DAO entity figures, as shown on the [financials page](https://www.01resolved.com/p2p-protocol/financials).

| Metric | Value |
| --- | --- |
| Total NAV (net asset value) | $4.12M |
| NAV/AS (NAV per adjusted share) | $0.4789 |
| Price premium (+) or discount (-) to NAV/AS | -17.4% |
| Monthly allowance | $175K |
| Runway (excluding to including LP value) | 17–24 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

- Total revenue across the available project period (DAO entity): $67.39K. The financials page breaks this down by period and category.
- 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 | $0.3958 |
| Market cap | $4.73M |
| FDV (fully diluted valuation) | $10.21M |
| Circulating supply | 11.95M |
| Total supply | 25.79M |
| Liquidity | $2.3M |
| 24h volume | $256.11 |

## ICO

| Metric | Value |
| --- | --- |
| ICO price | $0.6000 |
| ICO date (sale closed) | 2026-04-01 |
| Return from ICO price to current price | -34% |
| Target raise | $6M |
| Funds committed | $7.15M |
| Funds accepted | $6M |
| Contributors | 759 |
| Median contribution | $67 |
| Average contribution | $7.54K |

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/p2p-protocol/overview). The 3M and All history is available with a free 01Resolved account.

| Day (UTC) | NAV/AS | Price | Prem/Disc |
| --- | --- | --- | --- |
| 2026-09-25 | $0.4978 | $0.4106 | -17.5% |
| 2026-09-26 | $0.4979 | $0.4064 | -18.4% |
| 2026-09-27 | $0.4978 | $0.4109 | -17.4% |
| 2026-09-28 | $0.4980 | $0.4042 | -18.8% |
| 2026-09-29 | $0.4778 | $0.3999 | -16.3% |
| 2026-09-30 | $0.4774 | $0.4186 | -12.3% |
| 2026-10-01 | $0.4786 | $0.4090 | -14.5% |
| 2026-10-02 | $0.4786 | $0.4075 | -14.8% |
| 2026-10-03 | $0.4786 | $0.4075 | -14.8% |
| 2026-10-04 | $0.4786 | $0.4064 | -15.1% |
| 2026-10-05 | $0.4785 | $0.4106 | -14.2% |
| 2026-10-06 | $0.4786 | $0.4057 | -15.2% |
| 2026-10-07 | $0.4786 | $0.4054 | -15.3% |
| 2026-10-08 | $0.4785 | $0.4094 | -14.5% |
| 2026-10-09 | $0.4786 | $0.4053 | -15.3% |
| 2026-10-10 | $0.4787 | $0.4048 | -15.4% |
| 2026-10-11 | $0.4785 | $0.4095 | -14.4% |
| 2026-10-12 | $0.4566 | $0.4004 | -12.3% |
| 2026-10-13 | $0.4787 | $0.4041 | -15.6% |
| 2026-10-14 | $0.4787 | $0.4040 | -15.6% |
| 2026-10-15 | $0.4787 | $0.4040 | -15.6% |
| 2026-10-16 | $0.4787 | $0.3996 | -16.5% |
| 2026-10-17 | $0.4788 | $0.3995 | -16.6% |
| 2026-10-18 | $0.4788 | $0.3994 | -16.6% |
| 2026-10-19 | $0.4788 | $0.3993 | -16.6% |
| 2026-10-20 | $0.4788 | $0.3975 | -17% |
| 2026-10-21 | $0.4788 | $0.3969 | -17.1% |
| 2026-10-22 | $0.4788 | $0.4003 | -16.4% |
| 2026-10-23 | $0.4789 | $0.3997 | -16.5% |
| 2026-10-24 | $0.4789 | $0.3958 | -17.4% |

All-time discount/premium range: low -29.1% (2026-09-04), mean -15.6%, high -5% (2026-05-02).

Projected NAV/AS if monthly allowances are drawn (a model, not a forecast): 2026-11-15 $0.4585, 2026-12-15 $0.4382, 2027-01-15 $0.4178.

## Treasury composition

Treasury allocation: $4.11M, across the DAO's treasury accounts. Total NAV above applies the project's NAV methodology, so the two can differ slightly.

- **Main** (1 account): $3.14M, 76.28% of treasury
  - 3.14M USDC: $3.14M (99.99% of Main)
  - 0.1 SOL: $10.14 (<0.01% of Main)
- **LP Positions** (2 accounts): $976.66K, 23.71% of treasury
  - 977.05K USDC: $976.65K (99.99% of LP Positions)
  - 0.03 SOL: $3.13 (<0.01% of LP Positions)

## Native token holdings

12.03M P2P held across 6 project wallets, worth $4.76M at market. Native tokens are shown separately from the treasury and are not interchangeable with liquid treasury assets.

| Wallet | Amount | Value |
| --- | --- | --- |
| Team Performance Package | 7.74M | $3.06M |
| FutarchyAMM | 2.45M | $972.11K |
| DAO Main | 940.79K | $372.32K |
| Meteora AMM | 899.99K | $356.17K |

## Token supply

| Metric | Value |
| --- | --- |
| Current supply | 25.79M |
| Net change (30 days) | -0.34 |
| Total minted | 25.8M |
| Total burned | 7.3 |

Latest mint and burn events (3 of 3):

| Date (UTC) | Event | Amount | Resulting supply |
| --- | --- | --- | --- |
| 2026-09-19 | Burn | -3 | 25.79M |
| 2026-09-19 | Burn | -2.56 | 25.79M |
| 2026-03-12 | Mint | +25.8M | 25.8M |

## Token distribution

Share of total supply by allocation.

| Allocation | Share |
| --- | --- |
| Public Sale/ICO | 38.76% |
| Liquidity | 11.24% |
| Team | 30% |
| Investor | 20% |

## Team performance package

A tranche unlocks when the cliff has passed and the 3-month TWAP reaches its price target. The cliff ends on 2027-09-23. The 3-month TWAP is $0.4189.

| Metric | Value |
| --- | --- |
| Tokens in package | 7.74M P2P |
| Unlocked | 0 |
| Claimed | 0 |

| Target | Price target | Tokens | State |
| --- | --- | --- | --- |
| 2x | $1.20 | 1.54M | Locked |
| 4x | $2.40 | 1.54M | Locked |
| 8x | $4.80 | 1.54M | Locked |
| 16x | $9.60 | 1.54M | Locked |
| 32x | $19.20 | 1.54M | Locked |

## Top holders

The 10 largest wallets of 557 indexed holders. Balances synchronise every 30 minutes.

| Rank | Wallet | Project account | Balance | Share of total supply |
| --- | --- | --- | --- | --- |
| 1 | `F18kLUyckqzEcfEpDx7hrH4657vNQzuYyECZxVgmuakg` | Team Performance Package | 7.74M | 30.00% |
| 2 | `CFYmVUEYikV8DaKDNs6WSHC5uAxG6T7KqFBCsAebACFu` | FutarchyAMM | 2.45M | 9.52% |
| 3 | `GZ7JeNEZbQGrufJGJZ2AcYys8THbHTAWNrswyoRnEQyq` | – | 2.12M | 8.24% |
| 4 | `2cgmdQzYr1BqAXeLfgRzLPFJCBej3hxoUJohpzgxZXwc` | – | 1.41M | 5.49% |
| 5 | `9Rykf7i9fxUaXD8iD6GSGpRaoWQQP51Uiq1oxSE9oDzx` | DAO Main | 940.79K | 3.64% |
| 6 | `HLnpSz9h2S4hiLQ43rnSD9XkcUThA7B8hQMKmDaiTLcC` | Meteora Pool Authority | 900K | 3.48% |
| 7 | `CQmviBDj4us8xJc5NnKfu46aE6TPpewNLpFk3yWfkmhk` | – | 708.79K | 2.74% |
| 8 | `CCu2XacdrT8Y2S8LMDPTGup6dT8ojMAkVm1zMnaTvH9Q` | – | 708.79K | 2.74% |
| 9 | `7qRUKe5B663FVyMij1LAtpH51JvyzWwavTRqwMAD2G24` | – | 583.33K | 2.26% |
| 10 | `tLhjn2iFEkZ14uhyeUSwziD1Fm5o1EBMQfaJhqghrCi` | – | 481.42K | 1.86% |

Project account names come from P2P Protocol'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

2 proposals: 1 approved. Across P2P Protocol's decision markets: $50.85K volume, 417 trades, 15 unique traders. The [proposals page](https://www.01resolved.com/p2p-protocol/proposals) and each proposal's summary cover pass/fail pricing, TWAP, outcome strength, and trader participation.

| Proposal | Start (UTC) | End (UTC) | Status | Result | Volume | Trades | Traders | Net volume tilt | Net trader tilt |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [P2P NAV Buyback Program](https://www.01resolved.com/p2p-protocol/proposals/CU2bZp1Bop1FW62Ec1hsZmTbGXoLjRrNDDYmDxTA3nCA) ([summary](https://www.01resolved.com/ai/projects/p2p-protocol/proposals/CU2bZp1Bop1FW62Ec1hsZmTbGXoLjRrNDDYmDxTA3nCA.md)) | 2026-07-13 19:02 | 2026-07-16 19:02 | Initiated | – | $0 | 0 | 0 | 0% | 0% |
| [P2P Buyback Program](https://www.01resolved.com/p2p-protocol/proposals/AerjTFvEUDDfgpCCeMfgR1v9FtH4UiEgHCehBhV8CExF) ([summary](https://www.01resolved.com/ai/projects/p2p-protocol/proposals/AerjTFvEUDDfgpCCeMfgR1v9FtH4UiEgHCehBhV8CExF.md)) | 2026-04-03 17:02 | 2026-04-06 17:02 | Resolved | Approved | $50.85K | 417 | 15 | +22.84% | +66.66% |

## Account registry

7 active accounts tracked for P2P Protocol, from the Account Registry on the [financials page](https://www.01resolved.com/p2p-protocol/financials). Total value $4.11M; native tokens $4.76M. 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.

### Treasury

| Account | Entity | Sub-group | Custody | Address | Active since (UTC) | Value | Native token (USD) |
| --- | --- | --- | --- | --- | --- | --- | --- |
| DAO Main | DAO | Main | Multi-sig | `9Rykf7i9fxUaXD8iD6GSGpRaoWQQP51Uiq1oxSE9oDzx` | 2026-04-01 | $3.14M | $372.32K |
| Team Performance Package | DAO | Vesting | Program | `F18kLUyckqzEcfEpDx7hrH4657vNQzuYyECZxVgmuakg` | 2026-04-01 | $0.45 | $3.06M |
| Additional Allocation Vault | DAO | Vesting | Program | `BzZhwMzoY5ikk9mWBejb3dKbYXCYZ6eJhijk71WfvTYt` | 2026-03-11 | $58.89 | – |
| FutarchyAMM | DAO | LP 100% | Program | `CFYmVUEYikV8DaKDNs6WSHC5uAxG6T7KqFBCsAebACFu` | 2026-04-01 | $976.66K | $972.11K |
| Meteora AMM | DAO | LP 100% | Program | `2foMdp9Y9hWttCvHedQef8GUWtCKwCfTgTiciUrTdQFF` | 2026-04-01 | $0.37 | $356.17K |

### Operations

| Account | Entity | Sub-group | Custody | Address | Active since (UTC) | Value | Native token (USD) |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Expense 1 | DAO | Other Expense (+1 more sub-group) | Self-custody | `G4vHnTW7PSgTtHAYwmrBvUydWGmz8Bd2px9XYAsBQWgu` | 2026-04-01 | $140.84 | – |
| Meteora Pool Authority | DAO | Protocol Fees | Program | `HLnpSz9h2S4hiLQ43rnSD9XkcUThA7B8hQMKmDaiTLcC` | 2026-04-09 | – | – |

## Citing this data

Source: 01Resolved, P2P Protocol project summary, data as of 2026-10-24 23:31 UTC. https://www.01resolved.com/ai/projects/p2p-protocol.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