La venta pública de XPL @PlasmaFDN se acerca a una sobresuscripción de 3 veces, con 147,5 millones de dólares de capital comprometido. En nuestra nota de la semana pasada, compartimos nuestra predicción sobre ver una afluencia de compromisos de capital en las últimas horas de la venta. Con la venta terminando en menos de 12 horas, parece que estábamos en lo cierto. La venta de @PlasmaFDN ahora está 2,95 veces por encima de la subtitulación, con 1,75 millones de asignación restante aún por reclamar. La sobresuscripción promedio actual es de 4,477x y la mediana es de 1.86x la cantidad promedio de exceso de suscripción parece estar sesgada por direcciones oportunistas que pudieron obtener centavos literales en la bóveda de Plasma a tiempo. Por ejemplo, 0x76899a7D611Bf9e6D26176cEae61301FCA8ebEff pudo obtener $ 0.01 USDT en una de las bóvedas de Plasma. Si bien su monto reservado es mucho menos de 1 centavo, han comprometido $ 1,820, un múltiplo de 13,194,492 veces por encima del subtítulo. Podría resultar ser una historia hermosa y eficiente en capital para ellos. /every_cent_counts
Kairos Research
Kairos Research23 jul 2025
The @PlasmaFDN public sale via @echodotxyz is currently ongoing and will conclude in roughly 6 days, on Monday, July 28 at 9:00 AM ET So far, the $50m public sale is 1.17x over-committed in total, even with 36.6% of reserved allocation remaining unclaimed. The average committed amount by users is 51x their reserved amount, while the median committed amount is 1.8x. According to Plasma's blog post: "Depositors who (i) secured an allocation during the deposit period and (ii) successfully completed onboarding through Sonar are guaranteed an XPL allocation during the public sale and can commit their funds at any point during the sale window. Additionally, overcommitments are permitted to secure any allocated, but unpurchased XPL. At the conclusion of the sale, any unpurchased XPL from reserved allocations will be sold proportionally to participants who commit additional funds, based on their share of total committed funds. To be eligible, you must include the additional funds as part of your commitment during the sale window. This mechanism ensures unused allocation is efficiently reallocated to long-term aligned participants. Over-committed capital will be returned to participants after the token sale is completed." We predict there will be an influx of reserved allocations purchased in the last few hours, and we'll post an update once the sale has completed where we unpack the data.
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