A space to discuss the fundamentals of ‘Sonne Finance’.
Link to the dashboard: Sonne Finance (SONNE) - Key metrics | Dashboard | Token Terminal
Token Terminal <> Sonne Finance | Monthly data update (March 2023)
Chains tracked: Optimism
Methodology:
- Active loans: Monthly average value of outstanding borrows on Sonne Finance
- Fees: Total interest paid by borrowers
- Supply-side fees: Share of interest that goes to the lenders
- Revenue: Share of interest that goes to the protocol (SONNE holders)
- Token incentives: USD value of the protocol’s SONNE governance tokens that have been distributed to users
- Earnings: Revenue minus token incentives
- Treasury: USD value of the protocol’s funds held on-chain (including unallocated governance tokens)
- Daily active users: Monthly average number of daily distinct minters, redeemers and borrowers.
- 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):
- Active loans (monthly average): $103.89m
- Fees: $630.17k
- Supply-side fees: $543.23k
- Revenue: $86.93k
- Token incentives: $724.00k
- Earnings: -$637.07k
- Treasury (monthly average): N/A
- Daily active users (monthly average): 243
- Active developers (monthly average): 0
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Code commits: 1
Token Terminal <> Sonne Finance | Monthly data update (April 2023)
Chains tracked: Optimism
Methodology:
- Net deposits: Total value deposited to soToken contracts
- Active loans: Monthly average value of outstanding borrows on Sonne Finance
- Fees: Total interest paid by borrowers
- Supply-side fees: Share of interest that goes to the lenders
- Revenue: Share of interest that goes to the protocol (SONNE 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 Minters, Borrowers, and Redeemers
- 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):
- Net deposits (monthly average): $124.04m
- Active loans (monthly average): $84.92m
- Fees: $448.94k
- Supply-side fees: $387.52k
- Revenue: $61.42k
- Token incentives: $427.35k
- Earnings: $-365.92k
- Treasury (monthly average): N/A
- Daily active users (monthly average): 362
- Core developers (monthly average): 1
-
Code commits: 0
Token Terminal <> Sonne Finance | Monthly data update (May 2023)
Chains tracked: Optimism
Methodology:
- Net deposits: Total value deposited to soToken contracts
- Active loans: Monthly average value of outstanding borrows on Sonne Finance
- Fees: Total interest paid by borrowers
- Supply-side fees: Share of interest that goes to the lenders
- Revenue: Share of interest that goes to the protocol (SONNE 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 Borrowers, Minters, and Redeemers
- Weekly active users: Monthly average number of weekly distinct Borrowers, Minters, and Redeemers
- Monthly active users: Monthly average number of monthly distinct Borrowers, Minters, and Redeemers
- 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):
- Net deposits (monthly average): $89.99m
- Active loans (monthly average): $59.07m
- Fees: $308.03k
- Supply-side fees: $264.17k
- Revenue: $43.86k
- Token incentives: $204.04k
- Earnings: $-160.18k
- Treasury (monthly average): N/A
- Daily active users (monthly average): 172
- Weekly active users (monthly average): 753
- Monthly active users (monthly average): 3.58k
- Core developers (monthly average): 0
- Code commits: 0
Token Terminal <> Sonne Finance | Monthly data update (June 2023)
Chains tracked: Optimism
Methodology:
- Net deposits: Total value deposited to soToken contracts
- Active loans: Monthly average value of outstanding borrows on Sonne Finance
- Fees: Total interest paid by borrowers
- Supply-side fees: Share of interest that goes to the lenders
- Revenue: Share of interest that goes to the protocol (SONNE 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 Borrowers, Redeemers, and Minters
- Weekly active users: Monthly average number of weekly distinct Borrowers, Redeemers, and Minters
- Monthly active users: Monthly average number of monthly distinct Borrowers, Redeemers, and Minters
- 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):
- Net deposits: $86.68m
- Active loans (monthly average): $55.76m
- Fees: $300.92k
- Supply-side fees: $258.68k
- Revenue: $42.24k
- Token incentives: $182.31k
- Earnings: $-140.07k
- Treasury (monthly average): N/A
- Daily active users (monthly average): 189
- Weekly active users (monthly average): 663
- Monthly active users (monthly average): 1.42k
- Core developers (monthly average): 0
- Code commits: 0
