Cap fundamentals

A space to discuss the fundamentals of ‘Cap’.

Link to the dashboard: Cap (CAP) - Key metrics | Dashboard | Token Terminal

Token Terminal <> Cap | Monthly data update (March 2023)

Chains tracked: Arbitrum

Methodology:

  • Fees: Total trading fees, liquidation fees, and withdrawal fees paid by users
  • Supply-side fees: Share of trading fees, liquidation fees, and withdrawal fees that go to the liquidity providers
  • Revenue: Share of trading fees, liquidation fees, and withdrawal fees that goes to the protocol (CAP holders & treasury)
  • 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 traders, liquidated traders, depositors, and withdrawers
  • Active 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 (March 2023):

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

Chains tracked: Arbitrum

Methodology:

Metrics (May 2023):

Thank you Token Terminal, we have reviewed the monthly data update, and the values are in line with our benchmarks.

2 Likes

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

Chains tracked: Arbitrum

Methodology:

Metrics (June 2023):

looks good, god bless the token terminal team!! :pray: :pray: :palms_up_together: :palms_up_together:

1 Like