Solana trading glossary
What does top 10 holders % mean?
Also called: Top 10 holdings, Top10
The share of a token's supply held by its ten largest wallets. A quick measure of how concentrated ownership is.
It is the most quoted concentration number because it is easy to read. Take the ten wallets with the biggest balances, add up their share of total supply, and you have it.
There is no official threshold. As a working rule, above about 25% is worth watching and above 50% means a handful of wallets control the majority of what can be sold. The number is only meaningful once pools and lockers are removed, and it can understate the risk when one owner uses many wallets that each stay below the top 10.
Why it matters before you trade
A high top-10 share on a new token means your exit depends on a few people's timing. It is not proof of a scam: tokens held by exchanges, bridges or issuers are concentrated for ordinary reasons. It is a reason to open the holder list and look at who those wallets are.
How NAVI shows it
The rug check on every token page shows the top-10 wallet share, leaving out pool, order-book and locker accounts. It is a pass under 25%, a warning from 25% and a fail from 50%, and the explanation adds the largest single wallet's share. The bubble maps page lists the traded tokens where the top 10 hold the most right now.
Related terms
- Holder concentrationHow much of a token's supply is held by a small number of wallets. The higher it is, the more a few sellers can move the price.
- WhaleA holder large enough to move a token's price on its own. What counts as a whale depends on the token: a whale in a small memecoin may be a minnow in SOL.
- Bubble mapA picture of a token's largest holders as circles sized by their share of supply, with lines between wallets that are connected on-chain.
Last reviewed 2026-09-25. NAVI is informational only and nothing here is financial advice.