RWA Sonar

Methodology · live operational status

How we know what we say we know.

A token address, a legal right, a market price and a DeFi listing are different facts. RWA Sonar collects them separately, states what each source can prove, and leaves a gap visible when the evidence stops.

Three rules govern every conclusion

01

Identity before analysis

We identify the exact Solana token address and issuer programme. A familiar ticker is not proof that a token is authentic or that two wrappers confer the same rights.

02

Capability is not obligation

A freeze key proves that freezing is technically possible. It does not prove when the issuer may lawfully use it. Legal terms and on-chain state are recorded as separate layers.

03

Unknown is not safe

Missing price, custody, redemption or source data remains unknown. It is never converted to zero, “no risk”, or a clean bill of health.

What is actually running

Collector health by domain

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Freshness is evaluated from the observation timestamp, not the file’s modification time. The public summary is rebuilt every six hours, so an hourly watcher may appear several hours old while still operating on schedule.

From signal to conclusion

The evidence pipeline

  1. DiscoverSearch issuer lists, token registries and known tickers for candidate addresses.
  2. AttributeMatch an address to an issuer using published addresses, metadata, programme APIs and corroborating chain evidence. Inferred attribution is labelled.
  3. ObserveRead token extensions, authorities, supply, holders, pools, trades, protocol accounts and source documents.
  4. NormalizeSeparate market, control, legal/evidence and DeFi composability rather than collapsing them into one score.
  5. CompareSnapshot observations, diff consecutive days and preserve the before/after evidence.
  6. ReviewMaterial document and control changes remain reviewable findings. Automation detects change; it does not invent a legal conclusion.

One product, four independent readings

What each health dimension means

Market

Price tracking, pool liquidity, organic activity, failed swaps, holder concentration and cross-venue disagreement.

Does not prove: legal ownership, backing, or that quoted liquidity can absorb a large liquidation.

Control

Mint, freeze, pause, clawback, transfer-fee, allowlist, permanent-delegate, transfer-hook and rebase powers, plus how keys are held.

Does not prove: that a power will be exercised lawfully, predictably or in the holder’s interest.

Legal & evidence

What the holder owns, who owes the obligation, governing law, insolvency position, custody, redemption, eligibility and document authority.

Does not prove: a court outcome or successful redemption where neither has been observed.

DeFi composability

Exact-mint protocol support, permitted operation, smart-contract custody, collateral parameters and whether seized collateral has a credible exit.

Does not prove: that generic Token-2022 compatibility equals a live listing or that protocol possession equals legal title.

Words matter

Evidence labels and precedence

Binding or official terms

The operative legal source for the contractual claim, subject to mandatory law and later product-specific documents.

On-chain observation

What the deployed token or protocol account can do at the observed slot. Strong evidence of capability, not of legal effect.

Observed transaction

A transfer, trade, liquidation or redemption that actually happened. It proves that path worked once under those conditions.

Issuer or operator statement

A first-party operational claim. Useful, but not independent verification.

Third-party claim

Reporting or an aggregator result. Leads discovery; it does not outrank primary evidence.

Inference / unknown

Our reasoned reading is labelled as inference. If the documents do not answer the question, the result is unknown and records where we looked.

Where confidence ends

Known blind spots

The catalogue is not an official registry

It is a union of search results, issuer lists and manual research. An undiscovered issuer or address is absent; a newly seen address is not necessarily newly issued.

Accounts are not people

Holder counts are non-zero token accounts. One person can control many accounts, and exchanges or custodians can aggregate many people into one.

Price is not exit value

A pool quote, oracle price, issuer NAV and underlying equity price answer different questions. None alone states what a forced sale of meaningful size would realize.

Documents can be inaccessible or incomplete

Bot walls, JavaScript-only pages and unpublished agreements create explicit evidence gaps. Archived copies and hashes preserve what was reviewed where possible.

Protocol support can disappear

Only exact-mint listings and reviewed live products count. A protocol UI, registry and on-chain account can still disagree temporarily.

A documented right is not a tested right

Redemption language is not a demonstrated redemption. Bankruptcy analysis is structural, not a prediction of a court ruling in a future insolvency.

Corrections

The record is allowed to change.

Sources are watched and conclusions are tied to dated evidence. When terms move, an authority rotates or a protocol removes support, the previous observation remains part of the history. Detection is automated; material legal interpretation is reviewed before it is presented as settled.

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