Solana ecosystem ORE Token fell 85% in three weeks: Open Source fork backfires on the original protocol

SerumDegen

2025-12-01 17:20:22

[Coin World] What has happened to the ORE Token on the Solana on-chain in the past three weeks? Its market capitalization has evaporated by $210 million, and the coin price has plummeted over 85%. Once a popular target in the DeFi circle, it has now become a typical case of an economic model failure—its token mechanism has quietly shifted to an inflationary model, catching holders off guard.

The more embarrassing thing is that its open-source gene has become a death knell. Projects like GODL, which forked from it, can now outperform the original protocol in daily earnings. This scene is somewhat ironic: open-source was supposed to be the belief of Web3, but it has turned into a tool for insiders to snatch each other's jobs.

The founder HardHat Chad is still insisting on the narrative, continuing to emphasize the “value storage” positioning of ORE, and even claims to be working on some futurist governance to promote decentralization. However, it is uncertain whether the market will buy into this, as the data is evident - the forks have already voted with their feet.

GODL-0.13%

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AirdropHunter420

· 15h ago

85% Plummet, this is what we call the power of Open Source, haha

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ser_aped.eth

· 15h ago

Open Source projects are competing with each other, forks are rebounding against the parent body, this is the current state of web3.

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DeFiDoctor

· 15h ago

The medical record shows that the clinical presentation of the ORE case is already very obvious - the inflation shift happened without prior warning, which is essentially a communication failure at the level of a medical accident. The income from the fork project has crushed the original protocol; this is not the fault of open source, to put it bluntly, the economic model design has had risks from the very beginning. It is recommended to regularly review the token release curve; it may be too late to remedy the situation now.

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AirdropHunterXiao

· 15h ago

Open Source backlash, this wave of ORE is indeed disappointing, the fork crushes the native, it's really amazing.

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GasWastingMaximalist

· 15h ago

Open Source backlash, very ironic. Digging the pit oneself and jumping into it.

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