NFTX fundamentals

A space to discuss the fundamentals of ‘NFTX’.

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

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

Chains tracked: Ethereum

Methodology:

  • Trading volume: NFT swap, redemption, and mint volume on NFTX
  • Fees: Total swap, redemption, and mint fees paid by traders
  • Supply-side fees: Share of swap, redemption, and mint fees that goes to the liquidity providers
  • Revenue: Share of swap, redemption, and mint 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 Redeemers, Minters, and Swappers
  • Weekly active users: Monthly average number of weekly distinct Redeemers, Minters, and Swappers
  • Monthly active users: Monthly average number of monthly distinct Redeemers, Minters, and Swappers
  • 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):