A space to discuss the fundamentals of ‘Kwenta’.
Link to the dashboard: Kwenta (KWENTA) - Key metrics | Dashboard | Token Terminal
Token Terminal <> Kwenta | Monthly data update (April 2023)
Chains tracked: Optimism
Methodology:
- Trading volume: Total trading volume on Kwenta
- Fees: Total trading fees paid by traders
- Supply-side fees: Share of trading fees that go to the liquidity providers (Synthetix)
- Revenue: Share of trading fees that goes to the protocol (KWENTA holders)
- Token incentives: USD value of the protocol’s governance tokens (KWENTA) that have been claimed by 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
- 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: $2.36b
- Fees: $1.76m
- Supply-side fees: $1.76m
- Revenue: $0
- Token incentives: $1.12m
- Earnings: $-1.12m
- Treasury (monthly average): N/A
- Daily active users (monthly average): 397
- Core developers (monthly average): 14
- Code commits: 286
