A space to discuss the fundamentals of ‘Sound.xyz’.
Link to the dashboard: Sound.xyz - Key metrics | Dashboard | Token Terminal
Token Terminal <> Sound.xyz | Monthly data update (April 2023)
Chains tracked: Ethereum
Methodology:
- Trading volume: Edition mints + Sound Swap’s buy & sell volume on Sound.xyz
- Fees: Total mint payments (primary sales) paid by users
- Supply-side fees: Share of fees that goes to the artists & affiliates
- Revenue: Share of 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 Edition Buyers, Sound Swap Buyers, and Sound Swap Burners
- 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):
- Trading volume: $177.35k
- Fees: $154.17k
- Supply-side fees: $146.12k
- Revenue: $8.05k
- Token incentives: $0
- Earnings: $8.05k
- Treasury (monthly average): N/A
- Daily active users (monthly average): 141
- Core developers (monthly average): 3
- Code commits: 17