Overview

• YZY launched on Solana and briefly touched roughly a $3 billion market cap within about 40 minutes before falling back to a small fraction of its peak, according to on-chain trackers.
• Public reporting and analytics show a highly concentrated setup, with about 20% for the public, around 10% for liquidity, and roughly 70% tied to Yeezy Investments LLC under vesting; analysts also observed a single wallet or insider cohort initially holding the vast majority of supply.
• The project’s anti-sniping design used 25 decoy contract addresses, yet Lookonchain and others identified wallets that appeared to know the correct address early and realized multi-million dollar profits.
• Analysts report only YZY was seeded into the liquidity pool without a stablecoin pair, a single-sided structure that can let large holders add or remove liquidity to cash out.
• Nansen data shows uneven outcomes, including millions in realized profits for top wallets and many retail traders in the red, as the token continues to trade far below its launch-day highs and promised products like Ye Pay and the YZY Card remain unverified in public use.