Avalanche fundamentals

A space to discuss the fundamentals of ‘Avalanche’.

Link to the dashboard: Avalanche (AVAX) - Key metrics | Dashboard | Token Terminal

Token Terminal <> Avalanche | Monthly data update (May 2023)

Chains tracked: Avalanche

Methodology:

  • Fees: Total transaction fees paid by users
  • Supply-side fees: Share of transaction fees that goes to the validators
  • Revenue: Share of transaction fees that are burned (accrue to AVAX holders)
  • Token incentives: USD value of tokens that have been distributed to incentivise users
  • Earnings: Revenue minus token incentives
  • Treasury: Monthly average USD value of the protocol’s funds held on-chain (including unallocated governance tokens)
  • Daily active users: Monthly average number of daily distinct Transaction senders
  • Weekly active users: Monthly average number of weekly distinct Transaction senders
  • Monthly active users: Monthly average number of monthly distinct Transaction senders
  • Core developers: Monthly average number of distinct GitHub users that made 1+ commits to the project’s public GitHub repositories during the past 30 days
  • Code commits: Number of commits to the project’s public GitHub repositories

Metrics (May 2023):

Token Terminal <> Avalanche | Monthly data update (June 2023)

Chains tracked: Avalanche

Methodology:

  • Fees: Total transaction fees paid by users
  • Supply-side fees: Share of transaction fees that goes to the validators
  • Revenue: Share of transaction fees that are burned (accrue to AVAX holders)
  • Token incentives: USD value of tokens that have been distributed to incentivise users
  • Earnings: Revenue minus token incentives
  • Treasury: Monthly average USD value of the protocol’s funds held on-chain (including unallocated governance tokens)
  • Daily active users: Monthly average number of daily distinct Transaction senders
  • Weekly active users: Monthly average number of weekly distinct Transaction senders
  • Monthly active users: Monthly average number of monthly distinct Transaction senders
  • Core developers: Monthly average number of distinct GitHub users that made 1+ commits to the project’s public GitHub repositories during the past 30 days
  • Code commits: Number of commits to the project’s public GitHub repositories

Metrics (June 2023):