Constituent Research Report — ET10 (EventTrader ET10 — AI agent revenue share token) · WhiteSwan Crypto constituent by operator mandate

EventTrader research desk · generated 2026-11-06 00:15 UTC · report ai-adapt-crypto-white-et10-20261106 · built from the platform's own registry, price feed and public ET10 facts

Verdict

• ET10 is a WhiteSwan Crypto constituent by operator mandate since 2026-10-31, not by the AI Adaptation Score: it is EventTrader's own token and is not in the crypto universe the score reads [S1].
• It carries no AI Adaptation Score, level or market verdict; it sits after the ranked legs and is weighted by the conviction rule's base rank factor with neutral tilts, inside the 5–20% band [S1].

What ET10 is

• ET10 is the AI agent revenue share token of EventTrader (Cymetica): holders share in the platform's AI-agent revenue through the on-chain revenue distributor; it is issued at the MicroFund peg and trades on the ET10/USDC order book [S2].
• Identity: ERC-20 on Ethereum mainnet (chain 1), contract 0x0EbCc951D5d8F4743D36d9916F441A5f4d13248c, 18 decimals — the full contract address from the platform's pair registry, never a ticker lookup [S1][S4].
• Holders: 93 holders outside EventTrader, counted on-chain and in accounts, 5 Nov 2026. (on-chain balances and EventTrader accounts; our own accounts and wallets excluded) [S2].
• Trading: No trades with outside accounts in the last 24 hours. Last: 2 Nov 2026. [S2].

How it is priced and bought

• Price: the platform's sanctioned ET10 price — the manipulation-resistant median of ET10/USDC order-book fills over a rolling window, falling back to the issuance peg when the book is thin; a raw last trade is never used [S3].
• At composition the sanctioned price was $0.001088 per ET10 [S3].
• Buyability: the in-house swap engine quoted 25 USDC → 27,200 ET10 on Ethereum mainnet (≈ $0.000919 per token) at composition; the fund's reserve acquires the leg through that engine and its own USDC — no third-party aggregator [S1].

Score and rank

• Not scored. The ranked legs of AMF-WHITESWAN-CRYPTO are the highest composites (67% AI Adaptation Score + 33% market verdict); ET10 is appended by mandate and takes the lowest rank factor, so its weight is the smallest the band allows for the book's size [S1].

Risks to this view

• The token's price is set on a thin order book; the median index resists single prints but a sustained one-sided book moves it [S3].
• A platform's own token in a platform-composed fund is a declared conflict of interest: the mandate, not a score, put it here, and the mandate is disclosed in the fund's text [S1].
• Should the sanctioned price or the in-house buy quote be unavailable, the leg gate refuses the leg and the book is recomposed without it [S1].

Sources

• S1 — EventTrader pair registry (ET10/USDC) and the fund's composition record, run 2026-11-06
• S2 — EventTrader ET10 page — https://cymetica.com/et10
• S3 — EventTrader price feed — GET /api/v1/prices/ET10 (CLOB median index, peg fallback) — https://cymetica.com/api/v1/prices/ET10
• S4 — Ethereum mainnet contract 0x0EbCc951D5d8F4743D36d9916F441A5f4d13248c — https://etherscan.io/token/0x0EbCc951D5d8F4743D36d9916F441A5f4d13248c

Method and disclaimer

AMF-WHITESWAN-CRYPTO is composed by Swan Composite v1.1.0 from the crypto AI Adaptation Scores and the market verdict; ET10 is the one leg held outside that ranking, by operator mandate, and this report says so rather than inventing a score for it. Its identity comes from the platform's pair registry (full contract address), its price from the sanctioned ET10 index and its buyability from a live quote on the in-house swap engine at composition. Every factual sentence names its source.

This report is information, not investment advice. EventTrader issues ET10 and has an interest in it. Nothing here is a recommendation to buy, sell or hold any asset.