Crypto Mints 67,000 New Tokens a Day, and Only 1% Survive Their First Week

The crypto market is minting new tokens faster than almost anyone can track them, and the overwhelming majority are effectively dead within days. DEXTools sampled live token-launch activity across 18 blockchains on June 29, 2026, and the picture is stark. The market is creating roughly 2,800 new tokens every hour, on the order of 67,000 a day, yet about three quarters of them arrive with almost no liquidity, and only around 1 percent are still being actively traded a week after launch. Here is what the on-chain data shows.

The launch flood: roughly 2,800 tokens an hour

Across the 18 chains DEXTools tracks, new pools were being created at a combined rate near 2,800 per hour at the time of sampling, which annualizes to tens of thousands of fresh tokens every single day. Solana dominates the count by a wide margin, driven by its memecoin launchpads, with BNB Chain and Base a distant second and third. Most other EVM chains contribute a trickle.

For the live, continuously updated count, see our New Token Tracker.

Most arrive dead on arrival

Volume of launches says nothing about quality, and the liquidity data is brutal. Across 286 freshly launched pools sampled on six chains, 76 percent landed in the negligible liquidity tier and the median new token had essentially zero pooled liquidity. In practice that means there is no real market to trade into or out of. The breakdown by chain shows just how concentrated the problem is on EVM networks, where almost everything launches empty.

Solana is the clear outlier at 18 percent, because its bonding-curve launchpads seed a baseline of liquidity into every token at creation. That does not make Solana tokens safe, it just means the failure mode there is different. Before touching any new token, run it through our Token Safety Checker and read the full liquidity picture in the New Token Risk Index.

The one-week cliff

If the liquidity data is grim, the survival data is the real story. Of the tokens DEXTools tracked, 36 percent were still being actively traded 24 hours after launch. By the seven-day mark that collapsed to roughly 1 percent, and by 30 days it rounded to zero. Put plainly: launching a token is trivial, keeping one alive for a week is rare.

Notice the gap between still traded and still liquid at the later marks. That gap is the zombie problem: around a quarter of new pools end up with liquidity left sitting in them but no trading activity at all. The capital is stranded, the chart is flat, and the token is functionally abandoned. Survival also varies sharply by chain in the first 24 hours, with Solana tokens far more likely to still be trading (83 percent at 24h) than Base (22 percent) or Arbitrum (8 percent).

We track this continuously in the Token Survival Rate Index, and the pattern is explored in our explainers on the weekend survival test and the memecoin life cycle.

What it means for traders

The base rate is the headline. If you buy a random new token, the on-chain odds say it most likely has no meaningful liquidity and will not survive its first week. That does not mean every launch is a scam, it means the burden of proof is on the token to show it is an exception. Three checks separate the survivors from the rest: real, locked liquidity rather than a negligible or pullable pool, genuine and sustained trading rather than a single launch spike, and a clean contract with no obvious red flags. Our anti-rug playbook and rug-pull checklist walk through each one.

Methodology and disclaimer: figures are a live snapshot from the DEXTools New Token Tracker, Risk Index and Survival Rate Index as of June 29, 2026, based on sampled pools via the DEXTools API. Sample sizes and live numbers change continuously; treat percentages as indicative of the current regime, not fixed constants. This article is for information only and is not financial advice.