HEX ROI

HEX ROI

Nested by return since launch — the outer hexagon has run furthest from its opening price, the disc at the centre the least.

HEX brand unique selling point: the 2019 Ethereum original, its 1:1 fork copy on PulseChain in 2023, and a 2025 pump.tires bonding-curve token that simply took the name. Each line below starts at its own first traded price — day 0, 1× — so the only thing being compared is what a buyer at the open would be holding now.

Loading on-chain series…

Launch anchors — read from the chain

DeploymentFirst marketOpening print Launch priceNowPeakContract
How these numbers were made Show
  • Prices are reconstructed from AMM reserves, not scraped from a price site. For every UTC day, the pool's getReserves() is read at that day's last block on an archive node, and converted to USD through the quote asset. Ethereum HEX uses the Uniswap V1 exchange, then the Uniswap V2 HEX/WETH pair; both PulseChain tokens use their PulseX HEX/WPLS pairs. Where two pools overlap, the deeper one wins that day.
  • The quote asset is priced at that same block, never from a feed. ETH/USD comes from Uniswap V2's USDC, DAI and USDT pools, and from the Uniswap V1 DAI exchange for the months before those existed; PLS/USD from PulseX's bridged WPLS/USDC and WPLS/DAI pools. The fork-copied stablecoins sitting at their Ethereum addresses on PulseChain are worthless duplicates — a pool quoting one of those prices PLS about 490× too high — so they are excluded. This matters more than it sounds: a feed's “daily” point lands at whatever hour it was sampled, which moved converted prices by 1–4% depending on when the feed was queried. Reading both legs at one block makes the series reproducible — delete the last six days, refetch them, and the same numbers come back to 0.0000%.
  • It still agrees with an independent source. Compared day by day against DefiLlama's feed, the reconstructed series tracks at a median ratio of 0.998 for Ethereum HEX across 2,369 overlapping days and 0.998 for PulseChain HEX across 1,069; the on-chain ETH/USD alone matches theirs at 1.0001 over 2,427 days. The day-to-day spread that remains is the timing difference above, not a disagreement about the price.
  • Ethereum HEX's day 0 is the moment its market opened — block 9,108,684, when the Uniswap V1 exchange was seeded with 1.0 ETH against 733,576 HEX. The first buy landed two blocks later and its fill price matches the constant-product curve to four figures, which is what confirms the seed was the real opening price. The contract itself launched twelve days earlier, on 3 Dec 2019; before the Uniswap listing there was no market to price it against.
  • pump.tires HEX's day 0 is exact, because a bonding curve publishes its opening price: 0.08333333 PLS per token, emitted in the same transaction that created the contract. At that block PLS was worth $0.000046372, so the token opened at a $3,864 fully-diluted valuation. It graduated to PulseX about seven hours later.
  • PulseChain HEX is the awkward one. It was never sold — PulseChain copied Ethereum's entire state on 13 May 2023, so every HEX holder simply woke up with an identical balance at the identical address. Its PulseX pool did open on 12 May, but with roughly $160 of liquidity that sat unmoved until mainnet went live. Worse, PulseChain had no stablecoin market for its first three days: the earliest bridged WPLS/USDC and WPLS/DAI pools were only created on 16 May, so there is no on-chain way to express a USD price before then. Day 0 here is therefore 16 May 2023, the first close that can be priced honestly — three days after mainnet, and flagged rather than smoothed over.