Opyn fundamentals

Projects
1

A space to discuss the fundamentals of ‘Opyn’.

Link to the dashboard: Opyn - Key metrics | Dashboard | Token Terminal

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

Chains tracked: Ethereum

Methodology:

Metrics (March 2023):

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

Chains tracked: Ethereum

Methodology:

  • Trading volume: Total volume of oSQTH mints
  • Fees: Total fees paid by users
  • Supply-side fees: N/A
  • Revenue: Fee paid from minting oSQTH
  • 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 Short Burners, Short Minters, Vault Openers, Bull Depositors, Crab Depositors, Bull Withdrawers, and Crab 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):