Learn·Markets
Why did this subnet's price move?
Trading versus emission, decomposed exactly rather than fitted — with the leftover always published.
Exact, not a model
Because the price is the pool ratio, the move can be split algebraically into the τ side and the α side. This is arithmetic, not a regression — there is no fitting and no assumed model.
The parts are computed in log space so that they add to the whole exactly. Adding percentage changes would not.
The residual is always shown
Whatever the named causes do not account for is published as a residual rather than quietly absorbed into the biggest component.
When the named causes explain less than 90% of the move, the answer is flagged as partial. A partial explanation presented as a complete one is worse than no explanation.
Why there is no history before we started
The public node prunes old state within minutes — a read a few hundred blocks back already fails. Attribution therefore runs off snapshots Taosis takes itself, and no backfill is possible.
For the first hour after a deploy the answer is simply unavailable, and it says so.