Token-account view
Measure concentration from the token accounts returned by the chain data. This is useful, but it can over-count one owner that controls several accounts.
foundOS / signal terminal
Solana tokens live in token accounts, but a single wallet owner can control more than one token account. foundOS separates raw token-account concentration from owner-adjusted concentration so the distribution picture is less likely to be misread.
High concentration can be a meaningful caution signal, but it is context—not a verdict. Liquidity pools, treasury wallets, program-owned accounts and other known structures can make a raw holder list look more centralized than economic ownership really is.
Measure concentration from the token accounts returned by the chain data. This is useful, but it can over-count one owner that controls several accounts.
Resolve token accounts back to wallet owners where possible and aggregate balances before calculating concentration.
Show how much of the observed supply sits with the largest owners in the resolved sample, rather than reducing distribution to a vague good/bad label.
Pools, programs, unresolved accounts and incomplete holder coverage can complicate interpretation, so foundOS keeps evidence coverage visible.
foundOS is designed around explicit evidence states. These terms describe how the report avoids turning partial data into false certainty.
Run a free foundOS scan to see holder concentration alongside liquidity, token controls and the other evidence that gives distribution context.