MUX fundamentals

A space to discuss the fundamentals of ‘MUX’.

Link to the dashboard: MUX (MCB) - Key metrics | Dashboard | Token Terminal

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

Chains tracked: Arbitrum, Avalanche, BNB Chain, Fantom, Optimism

Methodology:

  • Trading volume: total trading volume on MUX (excluding volume from liquidations and MUXLP buying/selling)
  • Fees: total trading fees paid by traders (excluding fees from liquidations and MUXLP buying/selling)
  • Supply-side fees: share of trading fees that goes to the liquidity providers (excluding protocol-owned liquidity)
  • Revenue: share of trading fees that goes to the protocol (MCB holders & protocol-owned liquidity)
  • Token incentives: USD value of the protocol’s governance tokens (MCB) that have been distributed to users
  • Earnings: revenue minus token incentives
  • Daily active users: monthly average number of distinct addresses trading through the LiquidityPool contracts
  • 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):

1 Like

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

2 Likes

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

Chains tracked: Arbitrum, Avalanche, BNB Chain, Ethereum, Fantom, Optimism

Methodology:

  • Trading volume: Total trading volume on MUX (excluding volume from liquidations and MUXLP buying/selling)
  • Fees: Total trading fees paid by traders (excluding fees from liquidations and MUXLP buying/selling)
  • Supply-side fees: Share of trading fees that goes to the liquidity providers (excluding protocol-owned liquidity)
  • Revenue: Share of trading fees that goes to the protocol (MCB holders & protocol-owned liquidity)
  • Token incentives: USD value of the protocol’s governance tokens (MCB) that have been distributed to incentivise users
  • Earnings: Revenue minus token incentives
  • 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):

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

1 Like