USO

§ 01

The read

What the panels below say, in words, and an opinion on it

Constructive

Spreading as supply shrinks

What the data says

Holders stand at 14,116, up 41 (+0.3%) over 7 days and up 1,754 (+14%) over 30.
On-chain supply is 10.6K shares, down 12% over 7 days and down 39% over 30 days (123.8K minted, 130.5K burned). The underlying closed at $161.76, up 5.2% over 30 days, which is the market's doing rather than the chain's. The supply is worth $1.72M on chain.
The ten largest wallets hold 75% of wallet-held value, down from 83% 30 days ago; whales ($100K+) hold 49%.
785 wallets a day moved the token over the last week, down from 1,123 the week before.

What it means

Holders are rising while supply is burned off: large positions are being redeemed off chain while smaller ones arrive. The base widens even as the float shrinks, which is distribution in the good sense of the word.

Concentration is falling as holders rise, so the largest wallets are the ones distributing. That caps rallies for now and leaves a wider base behind.

Activity is fading as well: a third fewer wallets a day are touching the token than a week ago, so whatever the holder count says, fewer people are acting on it.

A mechanical read of this page over the last 30 days, not advice. The rules are fixed: holders against on-chain supply, then concentration, activity and liquidity where they add something. Only the numbers move.

§ 02

Over time

Holders by day, and what the supply was worth

Holders over time

Accounts holding a balance at each day’s end · 120 days · upper bound

14,116Now+0.1%24h+0.3%7d

On-chain value over time

USO supply × the equity’s close · 120 days

$1.72MLatest-10.9%24h-7.2%7d

Issuance by day

USO minted and burned · last 120 days

+10.6KNet+286.0Kminted−275.4Kburned

Active wallets

Wallets that sent or received USO that day · 120 days

511Today-43.2%7d

§ 03

Holders

Top 100 of 14,116 accounts with a balance, and how the supply is spread.

Wallets by value · 14,103 wallets, $955.9K · at the 2026-10-16 close of $161.76 · pools and contracts excludedSnapshot 1h 13m ago

Top 100 concentration92.26%Top 5 wallets: 66.01% · Top 10: 74.76%

Whale concentration48.66%Whales are 0.01% of wallets

Holder concentration

$955.9KWallet value

Top 1–5: 66.01%
Top 6–10: 8.75%
Top 11–25: 9.43%
Top 26–50: 4.54%
Top 51–100: 3.52%
Outside 100: 7.74%

Tier distribution

Tier	Wallets	% Wallets	% Value
Whale$100K+	2	0.01%	48.66%
Shark$10K–100K	9	0.06%	27.18%
Dolphin$1K–10K	44	0.31%	13.45%
Fish$100–1K	225	1.60%	6.51%
Crab$10–100	938	6.65%	3.04%
Shrimpunder $10	12,885	91.36%	1.16%

Wallet depth by threshold

≥ $101,218

≥ $50445

≥ $100280

≥ $250137

≥ $50090

≥ $1K55

≥ $10K11

≥ $100K2

≥ $1M0

1101001K10K

In DEX pools46.10%v4 PoolManager + 7 pool contracts

Top 10 wallets40.76%of supply

Everyone else13.14%14,098 wallets

010x2f4579…e54a071,526.625214.39%
020x94bab9…afff9d1,348.803412.71%
030x9f736f…acf1ae423.95714.00%
040x1a18a8…faa4e7336.56803.17%
050x8aeaca…7a1fbd264.43652.49%
060x92d435…72f765103.49660.98%
070x8a890f…605b87101.15900.95%
080xbfdcc6…0ab90b99.32960.94%
090xb8b9b4…a57c2463.76420.60%
100x6f0232…bc0f7756.47650.53%

All 100 largest holders, contracts included

#	Account	Balance	Share	Transfers
001	0x021756…11d915 Uniswap v3 pool USO/USDG ↗	2,988.0457	28.16%	204,354
002	0x8366a3…e40951Uniswap v4 pools	1,637.1448	15.43%	450,941
003	0x2f4579…e54a07	1,526.6252	14.39%	117,423
004	0x94bab9…afff9d	1,348.8034	12.71%	3,634
005	0x9f736f…acf1ae	423.9571	4.00%	49,861
006	0x1a18a8…faa4e7	336.5680	3.17%	9,514
007	0x8aeaca…7a1fbd	264.4365	2.49%	9,816
008	0x6ed11c…0dd0d2 Uniswap v3 pool USO/USDG ↗	182.9030	1.72%	15,328
009	0x92d435…72f765	103.4966	0.98%	45,253
010	0x8a890f…605b87	101.1590	0.95%	49
011	0xbfdcc6…0ab90b	99.3296	0.94%	88
012	0xb8b9b4…a57c24	63.7642	0.60%	43
013	0x6f0232…bc0f77	56.4765	0.53%	227,600
014	0xbb61b2…f0d131	55.3438	0.52%	4,138
015	0x391276…d6d246	45.5606	0.43%	3,482
016	0x29b7f8…a115bc	44.7030	0.42%	22
017	0x48a097…46e13f	44.0708	0.42%	11,378
018	0x271e74…227780 0x649Fee51B30dce68Eed7B356F5Ec6185e3982ADf pool GOO/USO ↗	39.7593	0.37%	113
019	0xcb4d2e…2df473	36.8299	0.35%	1,498
020	0x34b53a…6a25b8	36.7532	0.35%	1,502
021	0x8ec1c4…2ec98a	30.3998	0.29%	404
022	0xb81341…c0114b	25.8943	0.24%	23
023	0x3a35f8…84af38	25.5656	0.24%	1
024	0xd3afeb…16ac9e	23.6242	0.22%	11,147
025	0xc79e80…edcbd8	23.5994	0.22%	20
026	0xa411a3…484eee	23.3787	0.22%	16
027	0xbe80ff…3433af	21.1322	0.20%	83
028	0xc3a873…258bed Uniswap v3 pool CRUDECAT/USO ↗	19.2095	0.18%	68,160
029	0xb42129…3971ee	18.8022	0.18%	32,856
030	0x278d85…6ef8d2	18.6180	0.18%	487
031	0xa8553d…8e3c74	16.9557	0.16%	5,760
032	0x3aba15…1abcda	13.7227	0.13%	3
033	0x097ba3…2dacdc	13.5354	0.13%	101
034	0x03c255…5fa136	13.3426	0.13%	37
035	0x80a5d5…74c258	13.2983	0.13%	136
036	0x406127…b9f9ff	13.2948	0.13%	1,640
037	0x20ba42…6f621f	13.1154	0.12%	2
038	0x487f2a…f389a1	12.9782	0.12%	17
039	0x28d007…54c9d4 rubicon pool LANDMAN/USO ↗	12.4694	0.12%	207
040	0x49a6f9…1361cf	11.5562	0.11%	2,172
041	0xb7313a…f00d15	11.2680	0.11%	25
042	0x54ae0e…74bc1a	10.8920	0.10%	141
043	0xb7cbfa…42b24c	9.6644	0.09%	2
044	0xeeb027…96f6e6	8.6332	0.08%	31
045	0x8bc8ae…063fc8	8.5940	0.08%	85
046	0x37fc33…02537d	8.4696	0.08%	40
047	0x016db1…4d7b80	8.3357	0.08%	75
048	0x60d32d…785a26	7.9327	0.07%	90
049	0x9b4a10…f18742	7.9300	0.07%	30
050	0x8fe557…5ea99c	7.7309	0.07%	24
051	0x3c916e…453039	7.3274	0.07%	104
052	0xfd52f8…a1e0af	7.3178	0.07%	3,503
053	0x110a07…5f41d8	7.1302	0.07%	4
054	0x31f914…8439ae	7.0664	0.07%	17,909
055	0x629d95…9bcdc8	6.9976	0.07%	6
056	0x18ed3e…02f503	6.6510	0.06%	524
057	0x20e86b…5d400b	6.6328	0.06%	1
058	0x98a27f…c0a880 Up v3 pool USO/USDG ↗	6.5936	0.06%	76,854
059	0xa6981c…b2108e	6.5890	0.06%	670
060	0x1c4456…40714c	6.4581	0.06%	159
061	0x52e2fc…c618d1	6.3996	0.06%	5
062	0xb7fa26…43cb00	6.1505	0.06%	449
063	0x50489b…29714b	5.8306	0.05%	3
064	0x8d77e4…6f0334	5.7471	0.05%	1
065	0xd1b5bb…c0357a	5.5458	0.05%	157
066	0x0bd2bb…b3c800	5.5192	0.05%	63
067	0x72ef23…894e60	5.1808	0.05%	1
068	0x51c4f3…76273d	5.0770	0.05%	20
069	0x8bdf23…3b27c9	4.9830	0.05%	35
070	0x9bddc4…441a35	4.8509	0.05%	4
071	0xe26f13…db4b89	4.8189	0.05%	1
072	0x045a83…a08d6b	4.7656	0.04%	84
073	0x680773…10127a	4.5556	0.04%	133
074	0x3eda3f…4773f3 Uniswap v3 pool OIL/USO ↗	4.5082	0.04%	1,739
075	0xb0d02d…d05782	4.3589	0.04%	46
076	0x27109a…af6ef1	4.3328	0.04%	46
077	0xb8f008…76087b	4.2979	0.04%	1
078	0x0724b2…b106aa	4.2634	0.04%	154
079	0x85382a…5cca87	4.2153	0.04%	6
080	0x2cdf34…cf7e89	4.1327	0.04%	15
081	0x72de1a…8dd9ba	4.0786	0.04%	5
082	0x4e3468…a9a544	4.0310	0.04%	53,420
083	0xd7e5de…5faf6d	4.0270	0.04%	3
084	0x6a9918…4f1713	3.8757	0.04%	227
085	0x5df482…653cc0	3.8166	0.04%	1
086	0x671af7…1cc0e6	3.7241	0.04%	14
087	0x23267f…ac3b31	3.5974	0.03%	114
088	0x10e210…c52e7a	3.5957	0.03%	444
089	0xdcfe0f…e2cf69	3.3532	0.03%	1
090	0x24afb0…3f6778	3.3496	0.03%	1
091	0x879d5a…365c5b	3.2490	0.03%	2,935
092	0xde10be…af2c3c	3.2236	0.03%	77
093	0xa7fcef…ab34c9	3.2202	0.03%	47
094	0x95e1e8…8d14a0	3.2182	0.03%	14,277
095	0x02579a…e734be	3.1470	0.03%	1
096	0x5706b6…5f37e2	3.1350	0.03%	25
097	0x617b26…61d6c0	3.1230	0.03%	656
098	0x995d38…551868	3.1034	0.03%	25
099	0x47f6ad…fe1b0e	3.0871	0.03%	44
100	0x5cee0c…01a723	3.0790	0.03%	100

§ 04

Uniswap v4 pairs

What sits on the other side. A pool is a trading pair, not collateral.

#		Address	Pool id									Hook
001	PUMPJACK	0x06106…71e18	0x9f9d79…ced1a1 ↗	7.72M PUMPJACK	$0.000021	$160.08	$20.7K	$20.7K	$5.05	—	0.100% dyn	0x4e34…a544	66,205,953

A paired token with the dot is indexed: it links to its own page with holders and holders over time. The rest are known by address and pool only.

Prices, liquidity, volume and change per DexScreener as of 2026-09-19 13:29 UTC, refreshed hourly. A pool DexScreener has not picked up shows its on-chain tick price and liquidity L instead; fees are always read from the chain.

The read

Over time

Holders over time

Uniswap v4 pairs

USO

The read

Spreading as supply shrinks

Over time

Holders over time

On-chain value over time

Issuance by day

Active wallets

Holders

Holder concentration

Tier distribution

Wallet depth by threshold

Uniswap v4 pairs

On-chain value over time

Issuance by day

Active wallets

Holders

Holder concentration

Tier distribution

Wallet depth by threshold

Concentration over time · Top 10 wallets

Concentration over time · Top 10 wallets

Spreading as supply shrinks