KyberSwap fundamentals

Projects
1

A space to discuss the fundamentals of ‘KyberSwap’.

Link to the dashboard: KyberSwap (KNC) - Key metrics | Dashboard | Token Terminal

2

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

Chains tracked: Arbitrum, Avalanche, Binance-Smart-Chain, Ethereum, Fantom, Optimism, Polygon

Methodology:

  • Trading volume: Total trading volume on KyberSwap
  • 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
  • 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 Legacy Traders, Classic Traders, Elastic Traders, and Aggregator 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):

3

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

4

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

Chains tracked: Arbitrum, Avalanche, Binance-Smart-Chain, Ethereum, Fantom, Optimism, Polygon

Methodology:

  • Trading volume: Total trading volume on KyberSwap
  • 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 (KNC 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 Legacy Traders, Classic Traders, Elastic Traders, and Aggregator Traders
  • Weekly active users: Monthly average number of weekly distinct Legacy Traders, Classic Traders, Elastic Traders, and Aggregator Traders
  • Monthly active users: Monthly average number of monthly distinct Legacy Traders, Classic Traders, Elastic Traders, and Aggregator 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 (June 2023):