that1618guy(@that1618guy):defillama shows $PONS revenue at $83k/day but the chain says ~$172k (~2x more what llama is stating) llama's adapter only sees part of the WETH flow. it completely misses the buyback leg -> the protocol unwraps fees to native ETH and spends them buying $PONS, and native ETH emits no logs TLDR protocol bought ~$121k of $PONS in 24h while its balance still grew ~$50k. thats $171k of income, not $83k. verified two independent ways as well check it out yrself:

that1618guy

@that1618guy

Markets @Delphi_Digital // BTC Game Theory Creator // Founder @Stateofblocks

Joined April 2018

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that1618guy@that1618guy

2026.07.26 22:30

defillama shows $PONS revenue at $83k/day but the chain says ~$172k (~2x more what llama is stating) llama's adapter only sees part of the WETH flow. it completely misses the buyback leg -> the protocol unwraps fees to native ETH and spends them buying $PONS, and native ETH emits no logs TLDR protocol bought ~$121k of $PONS in 24h while its balance still grew ~$50k. thats $171k of income, not $83k. verified two independent ways as well check it out yrself: