Deri Protocol fundamentals

[tt_admin]

A space to discuss the fundamentals of ‘Deri Protocol’.

Link to the dashboard: Deri Protocol (DERI) - Key metrics | Dashboard | Token Terminal

[tt_daali]

Token Terminal <> Deri Protocol | Monthly data update (April 2023)

Chains tracked: Arbitrum, Binance-Smart-Chain

Methodology:

• Trading volume: Total notional trading volume on Deri
• Fees: Total trading fees paid by traders
• Supply-side fees: Share of trading fees that goes to the liquidity providers
• Revenue: Share of trading fees that goes to the protocol / DERI 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 Traders, Depositors, and Withdrawers
• 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):

• Trading volume: $51.56m
• Fees: $11.97k
• Supply-side fees: $2.39k
• Revenue: $9.57k
• Token incentives: $8.63k
• Earnings: $942.87
• Treasury (monthly average): Missing
• Daily active users (monthly average): 20
• Core developers (monthly average): 1
• Code commits: 33

[Deri_lover]

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

[tt_nachocaster]

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

Chains tracked: Arbitrum, BNB Chain

Methodology:

• Trading volume: Total notional trading volume on Deri Protocol
• Fees: Total trading fees paid by traders
• Supply-side fees: Share of trading fees that goes to the liquidity providers
• Revenue: Share of trading fees that goes to the protocol (DERI 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 traders
• Weekly active users: Monthly average number of weekly distinct traders
• Monthly active users: Monthly average number of monthly distinct traders
• 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):

• Trading volume: $45.18m
• Fees: $8.49k
• Supply-side fees: $1.70k
• Revenue: $6.79k
• Token incentives: $3.82k
• Earnings: $2.97k
• Treasury (monthly average): N/A
• Daily active users (monthly average): 11
• Weekly active users (monthly average): 42
• Monthly active users (monthly average): 116
• Core developers (monthly average): 1
• Code commits: 9

[Deri_lover]

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