BARD traded roughly

↘4%

lower over the past 24 hours as the

, increasing circulating supply by 10.4%.

Monthly gains amid supply expansion

The asset rose roughly

↗15%

over the past month while trading volume declined roughly

↘34%

over the past 24 hours, with only 35% of the maximum supply currently in circulation.

Trading activity declines

Active traders decreased roughly

↘42%

over the past 24 hours with selling pressure at 2:1, meaning twice as many people were selling as buying over the same period.

Yield strategy shifts to covered calls

The project shifted its yield generation to a covered call strategy

in mid-August, changing how it generates returns for users who lock their Bitcoin in the protocol.

Significant future dilution potential

Only 35% of the maximum supply is currently in circulation, with the total potential value roughly 2.8 times the current market size as more tokens enter the market over time.