One call tells you what a token actually is.

Endpoint

GET /api/claim/{mint}

Try it: /api/claim/PreANxuXjsy2…

Response

{
  "mint": "PreANxuXjsy2pvisWWMNB6YaJNzr7681wJJr2rHsfTh",
  "symbol": "SPACEX",
  "grade": "F",
  "headline": "An interest in a vehicle that holds the shares...",

  "company": {
    "name": "SpaceX",
    "underlyingIsin": "US84615Q1031",
    "contested": true,
    "alternatives": [
      { "symbol": "SPCX",  "structure": "custodied_entitlement" },
      { "symbol": "SPCXx", "structure": "securitized_exposure" }
    ]
  },

  "claim": {
    "issuer": "PreStocks",
    "structure": "spv_interest",
    "redemption": "mandatory_conversion",
    "shareholderRights": false,
    "sources": { "structure": "https://...", "redemption": "https://..." }
  },

  "onchain": {
    "permanentDelegate": "WV9PJN7X...",
    "pausable": { "authority": "WV9PJN7X...", "paused": false },
    "transferFeeBasisPoints": 50,
    "distinctAuthorities": ["WV9PJN7X..."],
    "multiplier": "1",
    "effectiveMultiplier": "5",
    "multiplierTrap": true
  },

  "exit": {
    "tradable": true,
    "maxExitWithin5PctUsd": 10000,
    "ladder": [ { "usd": 1000, "lossPct": 0.4 } ]
  }
}

What the fields mean

• claim.structure — what you legally hold. spv_interest means an interest in a vehicle, which the underlying company can decline to recognise. That is what cost PreStocks holders 34–39% in May 2026.
• claim.redemption — mandatory_conversion means a deadline exists and the token stops being worth anything if it passes.
• onchain.permanentDelegate — an authority that can move or burn the token from any wallet, including a protocol vault.
• onchain.distinctAuthorities — a length of 1 means one key can mint, freeze, seize, pause, retax and rewrite the balance display.
• onchain.multiplierTrap — true when reading the raw multiplier field gives the wrong balance. Use effectiveMultiplier.
• exit.tradable: false is not automatically a trap. Some issuers run no AMM liquidity and expect direct redemption instead. Read it alongside claim.redemption.