---
type: entity
entity_type: company
name: Pine Analytics
domain: internet-finance
status: active
tracked_by: rio
created: 2026-03-11
---

# Pine Analytics

Independent financial analysis firm focused on crypto protocols and DAOs. Published the first comprehensive quarterly financial report on MetaDAO in March 2026, analyzing Q4 2025 performance.

## Timeline

- **2026-03-03** — Published MetaDAO Q4 2025 Quarterly Report, first independent financial analysis of the protocol. Identified $2.51M in protocol fee revenue, revenue concentration risks, and competitive outperformance during market downturn.

## Relationship to KB

- [[MetaDAO is the futarchy launchpad on Solana where projects raise capital through unruggable ICOs governed by conditional markets creating the first platform for ownership coins at scale]] — provided first comprehensive financial analysis