User Guide

A walkthrough of every screen and panel on the NAVgator dashboard.

Landing Page

The landing page shows all active MetaDAO tokens in a sortable, filterable table.

Hero Stats

Above the table, summary stats for the entire ecosystem:

StatDescription
Total TreasuryCombined treasury value across all live tokens
Tokens LiveNumber of actively tracked tokens
Tokens LiquidatedNumber of tokens that have been liquidated

Token Table

Each row displays:

ColumnWhat it shows
TokenLogo, name, and ticker
PriceCurrent spot price with 24h change percentage
NAVCalculated net asset value per token
P/NAVPrice-to-NAV ratio badge (green for premium, red for discount)
TreasuryTotal DAO treasury value in USD
MCapMarket capitalization (price x circulating supply)
LaunchpadHow the token launched — Curated, Permissionless, or Migration
7d TrendSparkline mini chart showing the last 7 days of price action

Click any row to open the token detail page.

Filtering and Sorting

Filters across the top of the table:

Click any column header to sort ascending or descending.

Sidebar

The left sidebar shows a compact token list grouped by launchpad type, with live sparkline charts and price changes. Use it to jump between tokens without returning to the landing page.


Token Detail Page

Selecting a token opens the detail view with a chart on the left and stats panels on the right.

Chart

The chart is built with TradingView Lightweight Charts and shows price data with an optional NAV overlay.

Timeframes: 1m, 5m, 30m, 1h, and 24h. The 1m and 5m timeframes show price as a line (no candles). 24h is the default.

Layer toggles:

Price and Candles are mutually exclusive — enabling one disables the other. NAV can be combined with either. When both price/candles and NAV are active, the area between them is filled green (above NAV) or red (below NAV).

Additional controls:

Crosshair: Hovering over the chart shows a metrics panel with the price, NAV, vs-NAV percentage, treasury, market cap, and other stats at that point in time.

Price and NAV Panel

The primary stats panel on the right side.

FieldDescription
PriceCurrent spot price with 24h change
NAVCurrent NAV per token (treasury / effective supply)
P/NAVPrice-to-NAV ratio. Above 1.0 = premium, below 1.0 = discount

Treasury Breakdown

Shows where the DAO's money is and what form it takes. Toggle between two views:

By location — which wallets and pools hold the treasury:

LocationDescription
DAO TreasuryThe main DAO treasury wallet
Fut LPStablecoins in MetaDAO's conditional market
Meteora LPStablecoin side of the DAO-owned Meteora position
MultisigMetaDAO multisig funds (META only)
SOL HoldingsSOL held in DAO wallets, converted to USD

By asset — what the treasury holds:

AssetDescription
USDCUS Dollar Coin — the primary treasury denomination
USD*Yield-bearing stablecoin
USDvStablecoin variant
SOLNative Solana token, priced at live market rate

Each component shows its USD value and percentage of total treasury.

Supply Breakdown

A visual equation showing how effective supply is derived from total supply:

Total Supply
  - Performance package (team locked)
  - DAO treasury tokens
  - Fut LP tokens
  - Meteora LP tokens
  - Buyback tokens
  - Investor locked (vesting)
  - Ambassador locked (vesting)
  - MetaDAO fee wallet
  ─────────────────────
  = Effective Supply

Each deduction shows its token count and percentage of total supply. Rows link to Solscan where an address is available.

Vesting deductions decrease over time as tokens unlock. For the full rationale behind each deduction, see Methodology.

Valuation Stats

MetricDescription
Spot priceCurrent market price
Market capCirculating supply x spot price
FDVFully diluted valuation (total supply x spot price)
Circulating supplyEffective supply in millions
ICO priceThe price at token launch (where applicable)
Funds acceptedUSDC raised during the ICO
Current fundsCurrent treasury vs funds accepted at ICO
OversubscriptionHow much demand exceeded the ICO allocation
Price since ICOPercentage change from ICO price to current

Not all fields appear for every token — ICO-related metrics only show for tokens that had an ICO.

Treasury Health

Shown for tokens with a monthly burn allowance.

MetricDescription
Monthly allowanceApproved monthly spend from the treasury
RunwayTreasury / monthly burn — months of spending remaining
Post-ICO allocationHow much of the ICO-raised funds have been spent

Runway assumes constant burn and no new revenue. Actual runway depends on governance decisions and any income the DAO generates.

Buyback Tracking

Shown for tokens with active buyback programs.

MetricDescription
Total spentUSD value spent on buybacks
Average priceWeighted average price paid
Tokens acquiredTotal tokens bought back
PeriodDate range of buyback activity

Wallet Addresses

Below the chart, a reference section lists all on-chain addresses for the token:

Each address links to Solscan for independent verification.


Watchlist

Add tokens to your watchlist by clicking the star icon in the table or on a token's detail page.


Key Concepts

Ownership Tokens

Ownership tokens are issued against a real treasury. Holding one means holding a proportional claim on the DAO's stablecoins and other assets. This is fundamentally different from memecoins or utility tokens — there's a measurable floor value based on what the treasury actually holds.

Futarchy

Futarchy is a governance mechanism where decisions are made by markets instead of votes. MetaDAO pioneered this on Solana: proposals are settled by conditional token markets rather than traditional DAO voting. When a token launches through futarchy, it trades on MetaDAO's conditional markets, and the DAO treasury is funded through these markets.

Why Price Does Not Equal NAV

A token's market price almost never equals its NAV exactly. Several forces create deviation:

NAVgator makes this gap visible. Understanding why the gap exists for a particular token is the analysis that matters.