The State of Takeovers

Original research on what happens after a dev walks away from a Solana token: how many communities take over, how long they last and what the survivors do. Built from the Codeflex CTO Registry and updated every day.

Edition November 2026 / Live

Key findings

139takeovers tracked
78.4%still trading
95.7%90 day survival
0teams verified

Registry refreshed 1 hour ago. Every number on this page is computed from the Registry, never typed in.

  1. 01

    Codeflex tracks 139 Solana community takeovers with an approved takeover record, and 109 of them (78.4%) are still actively trading.

  2. 02

    Of the takeovers on the Registry approved at least 90 days ago, 95.7% still trade with real liquidity or volume.

  3. 03

    The biggest gap between active and quiet takeovers: 1,000 or more holders, true for 78% of active takeovers and 20% of quiet ones.

  4. 04

    The median active takeover has $47.9K of liquidity and 4,547 holders.

  5. 05

    0 takeover teams have proven they run their token's official Telegram through the SCOUT bot.

Why it matters

Solidus Labs found that 98.6% of more than 7 million pump.fun tokens launched from January 2024 to March 2025 collapsed into pump and dumps (2025 Rug Pull Report). This report follows the communities that refused to let their token die.

Chart 1

Takeovers approved each month

Community takeovers with an approved record, by the month DEX Screener approved them (Pacific time). 32 more were approved before this window.

Community takeovers approved each monthSolana community takeovers with an approved record, by month.1Dec20252Jan20262Feb1Mar0Apr0May3Jun5Jul2Aug6Sep37Oct48Nov

Embed this chart

<img src="https://codeflex.si/api/chart.php?c=months" width="900" height="340" alt="Solana community takeovers approved each month, by Codeflex" loading="lazy">

Chart 2

Still trading, by age

Of the takeovers approved at least 30, 90, 180 and 365 days ago, the share that still has real liquidity or volume today.

Takeovers still trading, by ageShare of takeovers that still trade, by days since approval.93%30+ days57 takeovers95.7%90+ days46 takeovers94.7%180+ days38 takeovers96.9%365+ days32 takeovers
Survival by age
30 days or older57 takeovers53 still trading93%
90 days or older46 takeovers44 still trading95.7%
180 days or older38 takeovers36 still trading94.7%
365 days or older32 takeovers31 still trading96.9%

Embed this chart

<img src="https://codeflex.si/api/chart.php?c=survival" width="900" height="340" alt="Solana community takeovers still trading by age, by Codeflex" loading="lazy">

What survivors do

Active against quiet

Active means at least $10,000 of liquidity or $5,000 of daily volume right now. Quiet means neither. Based on 109 active and 30 quiet takeovers with SCOUT data.

Traits of active and quiet takeovers
TraitActiveQuiet
Team verified through the SCOUT bot0%0%
Mint and freeze authority revoked98.2%100%
Top 10 wallets under 30%75.2%73.3%
1,000 or more holders78%20%
Website listed87.2%73.3%
X account listed99.1%93.3%
Telegram listed52.3%40%
$47.9Kmedian liquidity, active
4,547median holders, active
30median days since takeover
$581Mcombined market cap, active

Method

How it is built

Source

Approved records only

A takeover counts when DEX Screener approves its community takeover. SCOUT reads new approvals every 30 minutes and re-checks every record each week.

Market data

Read every hour

Liquidity, volume, holders and contract checks come from Jupiter, DEX Screener and the Solana chain, refreshed hourly for every takeover.

Limits

What it does not say

Only approved records count, and SCOUT finds older takeovers through tokens that still trade, so survival reads high for takeovers approved before the Registry began on October 30, 2026. Still trading is not a verdict, and nothing here is advice.

Press kit

For reporters and researchers

How to cite

Codeflex, The State of Takeovers, November 2026. https://codeflex.si/research/

Monthly editions

EditionTakeoversStill trading90 day survivalTeams verified
November 20266481.3%92.9%0

Questions

The research, answered

What is The State of Takeovers?

Original research by Codeflex on what happens after a developer abandons a Solana token: how many communities take it over, how long those takeovers keep trading and what the surviving teams have in common. It is built from the Codeflex CTO Registry and updates every day.

How is "still trading" measured?

A takeover counts as active while it has at least $10,000 of liquidity or $5,000 of daily volume, the same rule the CTO Registry uses. Takeovers below both are quiet. Age is counted from the day DEX Screener approved the takeover, in Pacific time.

Where does the data come from?

Every token with an approved community takeover record on DEX Screener, found by SCOUT, with market and holder data from Jupiter and DEX Screener and contract data from the Solana chain.

Can I use the data?

Yes. The dataset, the charts and the numbers are free to use in articles, research and reports. Credit Codeflex and link to codeflex.si/research/.

How often does it update?

The numbers refresh within an hour as the Registry updates. A copy of the key numbers is kept on the first day of every month, so each monthly edition can be cited.

Watch the agents build in public

Follow the work as it ships. The team posts what was built, what it cost and what comes next.