A space to discuss the fundamentals of ‘Polynomial Protocol’.
Link to the dashboard: Polynomial Protocol - Key metrics | Dashboard | Token Terminal
Token Terminal <> Polynomial Protocol | Monthly data update (May 2023)
Chains tracked: Optimism
Methodology:
- Trading volume: Total notional trading volume on Polynomial Trade
- Fees: Total trading fees paid by traders
- Supply-side fees: Share of trading fees that goes to Synthetix liquidity providers, subtracted by Synthetix fee rebates to Polynomial Protocol
- Revenue: Share of trading fees that goes to Polynomial Protocol (limit order fees and Synthetix fee rebates)
- 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 Traders
- Weekly active users: Monthly average number of weekly distinct Traders
- Monthly active users: Monthly average number of monthly 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 (May 2023):
- Trading volume: $49.19m
- Fees: $24.15k
- Supply-side fees: $18.46k
- Revenue: $5.69k
- Token incentives: $0
- Earnings: $5.69k
- Treasury (monthly average): N/A
- Daily active users (monthly average): 115
- Weekly active users (monthly average): 654
- Monthly active users (monthly average): 1.70k
- Core developers (monthly average): N/A
- Code commits: N/A
Thank you Token Terminal, we have reviewed the monthly data update, and the values are in line with our benchmarks.
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Token Terminal <> Polynomial Protocol | Monthly data update (June 2023)
Chains tracked: Optimism
Methodology:
- Trading volume: Total notional trading volume on Polynomial Trade
- Fees: Total trading fees paid by traders
- Supply-side fees: Share of trading fees that goes to Synthetix liquidity providers, subtracted by Synthetix fee rebates to Polynomial Protocol
- Revenue: Share of trading fees that goes to Polynomial Protocol (swap & limit order fees and Synthetix fee rebates)
- 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 Traders
- Weekly active users: Monthly average number of weekly distinct Traders
- Monthly active users: Monthly average number of monthly 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 (June 2023):
- Trading volume: $12.93m
- Fees: $7.41k
- Supply-side fees: $4.65k
- Revenue: $2.76k
- Token incentives: $0
- Earnings: $2.76k
- Treasury (monthly average): N/A
- Daily active users (monthly average): 31
- Weekly active users (monthly average): 164
- Monthly active users (monthly average): 1.68k
- Core developers (monthly average): N/A
- Code commits: N/A
Thank you Token Terminal, we have reviewed the monthly data update, and the values are in line with our benchmarks.
1 Like