Audits / 009

kolscan's Solana KOL profit board (1/7/30 days)

Cannot assess2026-10-15Sources public, fetched on the stated date
Finding
Cannot assess: the longest window is 30 days and there is no capital base. 33 of the 30-day top 47 lose more trades than they win. Board frozen; recheck 2026-11-14.

An observation, not a verdict. The data cannot support a skill test; this page says why, and freezes today's board so it can be rechecked.

Subject

kolscan.io ranks Solana memecoin traders who are public figures ("KOLs") by profit over the last 1, 7 and 30 days, with each wallet's X account and counts of winning and losing trades. Boards like this are where many people find wallets to copy.

Three inputs

Input Value
Knowledge cutoff Not applicable (live trading)
Window 1, 7 or 30 days. Nothing longer is shown.
Attempts Top 50 per window, drawn from a directory of several hundred KOL wallets

What the board shows (fetched 2026-10-15; 142 of 150 rows parsed)

  • The longest record is 30 days. At a Sharpe of 3, which few traders sustain, 30 days gives t ≈ 3 × √(30/365) ≈ 0.86. No trader on a 30-day board can reach t = 2 without an annualised Sharpe near 7, before any allowance for being picked from hundreds.
  • Most of the top lose more trades than they win. On the 30-day board, 33 of 47 have more losing trades than winning ones; the median win rate is 36% (42% on the 1-day board, 44% on the 7-day). Profit comes from a few large wins, which is the shape of a lottery as much as of skill.
  • The board turns over fast. Of today's 1-day top 10, 5 are on the 30-day top 50; of the 7-day top 10, 7 are.
  • kolscan reports profit in SOL and trade counts, not a capital base, so a return series cannot be built from it; turning it into one would mean rebuilding each wallet's balances from the chain.

Frozen for a forward check

Today's 30-day board (47 wallets) is frozen in /data/kolscan/frozen-2026-10-15.json (SHA-256 of the file as written, LF line endings: 2210bd5e949b45ea8e5e1e80b3cd8b68af58c7271286a455391a496d37918b9f). On 2026-11-14 this page will report how many are still on the 30-day board and what they made in the new window. No pass mark is set in advance: it is a description of turnover, not a test.

What it would take

A board that wants its top to mean something needs a window long enough to carry evidence (months, not days), a capital base so profit becomes a return, and a statement of how many wallets the top was picked from.