01 — Define the eligible universe
The universe starts with the top 100 tokens returned by pump.fun, ordered by market cap. GRETHA retains graduated tokens with a PumpSwap pool, more than $1 million of reported USD market capitalization, and an inception date before September 26, 2026. Up to 12 qualifying candidates are inspected. Tokens with missing, non-positive or invalid volume or liquidity are excluded. This is a bounded selection universe, not the entire market.
02 — Measure demand
The measured signal is rolling one-hour USD trading volume from pump.fun’s coin-specific response. Reads are cached for 60 seconds and refreshed on request. This is an observation of recent trading activity, not a per-block trading feed. Market capitalization is read from USD-denominated fields; SOL-denominated market cap is never treated as USD.
03 — Build the allocation
Core selects four pools and assigns preliminary weights proportional to the square root of volume. Pulse selects three and uses volume directly. Excess weight above the 40% Core or 50% Pulse ceiling is redistributed proportionally to uncapped pools until the portfolio sums to 100%. Weights apply to pool positions, not the token side of an LP position alone.
04 — Rotate and collect
The strategy design monitors volume changes and shifts pool exposure when the expected fee opportunity exceeds execution costs and the risk budget. Fee proceeds are intended to be swept and reinvested. Reallocation can fail when available depth, pricing or capacity changes; a signal is not an executable quote.
Fees and projections
There is no entry or exit fee. The strategy performance fee is 10% of gross trading fees. Displayed projected APY is net of that performance fee, so it is not deducted again in the calculator. The calculator uses P × (1 + APY)^(days / 365). Network costs, price changes, impermanent loss and execution costs are excluded. The quoted APY is a model assumption and is not derived from the observed one-hour volume.
Performance interpretation
The index chart starts at 100 at inception and represents strategy-level index accounting. It is distinct from fee totals and is not a wallet balance or token price. A seven-day observation is insufficient to establish long-term performance. Annualized projections should not be interpreted as a promise.