Data reveals stark inequality in outcomes, with only 11 wallets (0.015%) generating profits exceeding $1 million each. These successful traders captured $18.9 million in combined gains.
The loss distribution shows that traders with larger positions bore the heaviest burden. Wallets losing between $10,000 and $100,000 totaled roughly $25.4 million, with 917 addresses sharing an average loss of $27,700.
An additional 4,244 traders lost between $1,000 and $10,000, with an average loss of $3,000, resulting in over $13 million.
At the extreme end, three traders each lost more than $1 million, resulting in a combined loss of $5.07 million.
Of the 70,201 traders, only 18,333 achieved profitability, representing 26% of total participants.
Yet, nearly 86% of them generated profits of up to $1,000, totaling around $1.65 million, with an average profit of $105 for each trader in this cohort.
Less than 1% (642 wallets) of the traders generated profits exceeding $10,000 each, capturing a combined gain of $58.8 million, which represents nearly 88% of the total profits. Additionally, 88 traders earned between $100,000 and $1 million each, totaling $24.9 million.
The YZY pool operated with a 1% base fee that quickly adjusted to 2.68%; combined with slippage costs, this resulted in an estimated 10% round-trip trading cost for participants.
The YZY trading data serves as a stark reminder of memecoin market conditions, where substantial gains are transferred to only a small fraction of traders, who are often insiders or sophisticated token snipers.
