A space to discuss the fundamentals of ‘Convex’.
Link to the dashboard: Convex Finance (CVX) - Key metrics | Dashboard | Token Terminal
Token Terminal <> Convex Finance | Monthly data update (April 2023)
Chains tracked: Arbitrum, Ethereum, Polygon
Methodology:
- Fees: Total yield generated from Curve & Frax Finance token incentives and 3crv staking rewards
- Supply-side fees: Share of total yield that goes to the LPs
- Revenue: Share of total yield that goes to the protocol (CVX, cvxCRV & cvxFXS 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 Depositors
- 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 (April 2023):
- Fees: $15.79m
- Supply-side fees: $12.69m
- Revenue: $3.10m
- Token incentives: $1.32m
- Earnings: $1.79m
- Treasury (monthly average): $55.82m
- Daily active users (monthly average): 85
- Core developers (monthly average): 1
- Code commits: 20
