THE FINAL BELL HAS RUNG
Bell Market is closed.
The project has been shut down. All liquidity was withdrawn and every holder was refunded their net investment in ETH — no loss. Refunds were paid in a single on-chain batch: 0x20e128d9c4db5a9cc9b76af8c1a929e9d8d5072fe3aebba4853e6eb175ebe0f4 (block 24,031,181) via disperse contract 0x33edE8be5c1DC5563c73a03A2385acaB691c7B8C.
47
WALLETS REFUNDED
7.196334 ETH
TOTAL PAID OUT
1
BATCH TRANSACTION
How refunds were calculated.
refund = cash in − cash out (per wallet)
Each wallet was refunded its net spend: everything it put in, minus everything it already took out. Linked wallets were netted as one cluster. Bag value was ignored — holders were refunded their net spend and kept their tokens. Wallets that were already net-positive, or never put cash in, received nothing; their rows are listed below anyway, because transparency is the point.
The refund ledger.
51 wallets · 47 paid · 7.196334 ETH @ $1,923| WALLET | $BELL BALANCE | BAG VALUE | CASH IN | CASH OUT | REFUND USD | REFUND ETH | THE MATH |
|---|---|---|---|---|---|---|---|
| 0x9929…5645 | 58,329,700.64 | $4,522.03 | $3,808.49 | $208.02 | $3,600.46 | 1.871852 | cluster of 6 linked wallets netted: in $3,808.49 - out $208.02 = refund $3,600.46 (1.871852 ETH @ $1,923) |
| 0x3dcc…c327 | 15,347,527.36 | $1,189.82 | $2,161.83 | $0.00 | $2,161.83 | 1.123916 | cluster of 2 linked wallets netted: in $2,161.83 - out $0.00 = refund $2,161.83 (1.123916 ETH @ $1,923) |
| 0xe68d…f3a1 | 6,874,542.9 | $532.95 | $2,385.82 | $1,096.02 | $1,289.80 | 0.670557 | in $2,385.82 - out $1,096.02 = refund $1,289.80 (0.670557 ETH @ $1,923) |
| 0xe3b9…2c9e | 5,698,320.91 | $441.76 | $916.01 | $0.00 | $916.01 | 0.476225 | in $916.01 - out $0.00 = refund $916.01 (0.476225 ETH @ $1,923) |
| 0x57e3…3ac0 | 8,867,819.89 | $687.48 | $761.70 | $0.00 | $761.70 | 0.396000 | in $761.70 - out $0.00 = refund $761.70 (0.396000 ETH @ $1,923) |
| 0x3204…238d | 8,854,552.12 | $686.45 | $761.70 | $0.00 | $761.70 | 0.396000 | in $761.70 - out $0.00 = refund $761.70 (0.396000 ETH @ $1,923) |
| 0x0d86…df7a | 11,965,349.83 | $927.62 | $761.70 | $0.00 | $761.70 | 0.396000 | in $761.70 - out $0.00 = refund $761.70 (0.396000 ETH @ $1,923) |
| 0x1db7…73ae | 11,948,299.38 | $926.30 | $761.70 | $0.00 | $761.70 | 0.396000 | in $761.70 - out $0.00 = refund $761.70 (0.396000 ETH @ $1,923) |
| 0xd5a0…d100 | 8,828,428.95 | $684.43 | $761.70 | $0.00 | $761.70 | 0.396000 | in $761.70 - out $0.00 = refund $761.70 (0.396000 ETH @ $1,923) |
| 0xbbe7…9d61 | 6,824,561.64 | $529.08 | $576.03 | $0.00 | $576.03 | 0.299475 | in $576.03 - out $0.00 = refund $576.03 (0.299475 ETH @ $1,923) |
| 0xd34b…f8e3 | 5,696,512.87 | $441.62 | $483.68 | $0.00 | $483.68 | 0.251460 | in $483.68 - out $0.00 = refund $483.68 (0.251460 ETH @ $1,923) |
| 0xbc07…6d3c | 3,132,330.78 | $242.83 | $380.85 | $172.80 | $208.05 | 0.108165 | in $380.85 - out $172.80 = refund $208.05 (0.108165 ETH @ $1,923) |
| 0x7e9b…5408 | 3,372,379.9 | $261.44 | $195.18 | $0.00 | $195.18 | 0.101475 | in $195.18 - out $0.00 = refund $195.18 (0.101475 ETH @ $1,923) |
| 0x99c4…d918 | 3,317.5 | $0.26 | $467.68 | $359.36 | $108.32 | 0.056315 | in $467.68 - out $359.36 = refund $108.32 (0.056315 ETH @ $1,923) |
| 0x9b7b…310b | 632,417.22 | $49.03 | $101.63 | $0.00 | $101.63 | 0.052838 | in $101.63 - out $0.00 = refund $101.63 (0.052838 ETH @ $1,923) |
| 0xcfd1…7bed | 500,691.34 | $38.82 | $81.34 | $0.00 | $81.34 | 0.042287 | in $81.34 - out $0.00 = refund $81.34 (0.042287 ETH @ $1,923) |
| 0x54c3…b7b2 | 297,705.4 | $23.08 | $45.11 | $0.00 | $45.11 | 0.023453 | in $45.11 - out $0.00 = refund $45.11 (0.023453 ETH @ $1,923) |
| 0x4d70…a8b0 | 248.59 | $0.02 | $84.68 | $40.82 | $43.86 | 0.022805 | in $84.68 - out $40.82 = refund $43.86 (0.022805 ETH @ $1,923) |
| 0x89f8…995b | 15,873.73 | $1.23 | $169.24 | $141.67 | $27.56 | 0.014329 | in $169.24 - out $141.67 = refund $27.56 (0.014329 ETH @ $1,923) |
| 0x373e…e36f | 124,398.74 | $9.64 | $20.16 | $0.00 | $20.16 | 0.010483 | in $20.16 - out $0.00 = refund $20.16 (0.010483 ETH @ $1,923) |
| 0x69a4…1676 | 243,166.36 | $18.85 | $19.57 | $0.00 | $19.57 | 0.010174 | in $19.57 - out $0.00 = refund $19.57 (0.010174 ETH @ $1,923) |
| 0x5263…43fc | 118,226.89 | $9.17 | $19.04 | $0.00 | $19.04 | 0.009900 | in $19.04 - out $0.00 = refund $19.04 (0.009900 ETH @ $1,923) |
| 0xd429…8c90 | 122,785.49 | $9.52 | $19.04 | $0.00 | $19.04 | 0.009900 | in $19.04 - out $0.00 = refund $19.04 (0.009900 ETH @ $1,923) |
| 0x90a5…6fb8 | 22.75 | $0.00 | $50.54 | $31.89 | $18.65 | 0.009697 | in $50.54 - out $31.89 = refund $18.65 (0.009697 ETH @ $1,923) |
| 0x6612…b0d5 | 160,600.26 | $12.45 | $16.97 | $0.00 | $16.97 | 0.008821 | in $16.97 - out $0.00 = refund $16.97 (0.008821 ETH @ $1,923) |
| 0x1ebf…7012 | 80,264.66 | $6.22 | $16.40 | $0.00 | $16.40 | 0.008525 | in $16.40 - out $0.00 = refund $16.40 (0.008525 ETH @ $1,923) |
| 0x0581…3c18 | 67,496.72 | $5.23 | $12.49 | $0.00 | $12.49 | 0.006491 | in $12.49 - out $0.00 = refund $12.49 (0.006491 ETH @ $1,923) |
| 0xe3a0…2a52 | 907.85 | $0.07 | $13.78 | $7.78 | $6.00 | 0.003117 | in $13.78 - out $7.78 = refund $6.00 (0.003117 ETH @ $1,923) |
| 0x81b4…0053 | 85.5 | $0.01 | $11.45 | $5.45 | $6.00 | 0.003118 | in $11.45 - out $5.45 = refund $6.00 (0.003118 ETH @ $1,923) |
| 0x5fb5…ac3c | 31,779.37 | $2.46 | $5.44 | $0.00 | $5.44 | 0.002829 | in $5.44 - out $0.00 = refund $5.44 (0.002829 ETH @ $1,923) |
| 0xf720…b79d | 403.6 | $0.03 | $16.11 | $11.97 | $4.14 | 0.002154 | in $16.11 - out $11.97 = refund $4.14 (0.002154 ETH @ $1,923) |
| 0xc4a1…12f8 | 12,807.84 | $0.99 | $5.61 | $2.36 | $3.25 | 0.001692 | in $5.61 - out $2.36 = refund $3.25 (0.001692 ETH @ $1,923) |
| 0x399b…2a5f | 25.24 | $0.00 | $4.92 | $1.95 | $2.96 | 0.001541 | in $4.92 - out $1.95 = refund $2.96 (0.001541 ETH @ $1,923) |
| 0x1e4f…9487 | 1,952.89 | $0.15 | $10.00 | $7.37 | $2.63 | 0.001370 | in $10.00 - out $7.37 = refund $2.63 (0.001370 ETH @ $1,923) |
| 0x3472…b372 | 11,414.69 | $0.88 | $2.33 | $0.00 | $2.33 | 0.001211 | in $2.33 - out $0.00 = refund $2.33 (0.001211 ETH @ $1,923) |
| 0x84db…8826 | 13,268.95 | $1.03 | $2.22 | $0.00 | $2.22 | 0.001154 | in $2.22 - out $0.00 = refund $2.22 (0.001154 ETH @ $1,923) |
| 0x2185…79ff | 18,731.68 | $1.45 | $2.19 | $0.00 | $2.19 | 0.001141 | in $2.19 - out $0.00 = refund $2.19 (0.001141 ETH @ $1,923) |
| 0x211c…2f56 | 12,495.93 | $0.97 | $2.04 | $0.00 | $2.04 | 0.001059 | in $2.04 - out $0.00 = refund $2.04 (0.001059 ETH @ $1,923) |
| 0x7ffa…0da1 | 10,514.14 | $0.82 | $2.00 | $0.00 | $2.00 | 0.001038 | in $2.00 - out $0.00 = refund $2.00 (0.001038 ETH @ $1,923) |
| 0xf2df…29a1 | 9,598.95 | $0.74 | $3.81 | $1.84 | $1.97 | 0.001026 | in $3.81 - out $1.84 = refund $1.97 (0.001026 ETH @ $1,923) |
| 0xbf5e…d2a1 | 11,285.33 | $0.87 | $1.93 | $0.00 | $1.93 | 0.001005 | in $1.93 - out $0.00 = refund $1.93 (0.001005 ETH @ $1,923) |
| 0x897b…14b8 | 11,819.73 | $0.92 | $1.88 | $0.00 | $1.88 | 0.000976 | in $1.88 - out $0.00 = refund $1.88 (0.000976 ETH @ $1,923) |
| 0x01e7…e3c4 | 23,656.62 | $1.83 | $1.88 | $0.00 | $1.88 | 0.000977 | in $1.88 - out $0.00 = refund $1.88 (0.000977 ETH @ $1,923) |
| 0x657f…41d6 | 8,699.78 | $0.67 | $1.02 | $0.00 | $1.02 | 0.000530 | in $1.02 - out $0.00 = refund $1.02 (0.000530 ETH @ $1,923) |
| 0xdc65…bc49 | 6,210.31 | $0.48 | $1.02 | $0.00 | $1.02 | 0.000530 | in $1.02 - out $0.00 = refund $1.02 (0.000530 ETH @ $1,923) |
| 0x7652…a611 | 60.1 | $0.00 | $30.29 | $29.55 | $0.73 | 0.000381 | in $30.29 - out $29.55 = refund $0.73 (0.000381 ETH @ $1,923) |
| 0x134c…294a | 39.38 | $0.00 | $0.66 | $0.00 | $0.66 | 0.000342 | in $0.66 - out $0.00 = refund $0.66 (0.000342 ETH @ $1,923) |
| 0x2c8c…ae5c | 2,865,670.02 | $222.16 | $761.70 | $817.17 | $0.00 | 0.000000 | in $761.70 - out $817.17 = refund $0.00 (0.000000 ETH @ $1,923) |
| 0xf5c4…6157 | 437.98 | $0.03 | $0.00 | $0.00 | $0.00 | 0.000000 | in $0.00 - out $0.00 = refund $0.00 (0.000000 ETH @ $1,923) |
| 0xcd6b…9799 | 9,750.04 | $0.76 | $0.00 | $0.00 | $0.00 | 0.000000 | in $0.00 - out $0.00 = refund $0.00 (0.000000 ETH @ $1,923) |
| 0x48b5…7996 | 13,248.33 | $1.03 | $0.00 | $0.00 | $0.00 | 0.000000 | in $0.00 - out $0.00 = refund $0.00 (0.000000 ETH @ $1,923) |
LEDGER NOTES — one row per wallet; “cluster of N linked wallets netted” rows aggregate wallets controlled by one holder. Refunds settled in ETH at $1,923/ETH in one batch transaction. The token contract remains on-chain but its pools hold zero liquidity — $BELL is no longer tradeable.