A space to discuss the fundamentals of ‘SushiSwap’.
Link to the dashboard: SushiSwap (SUSHI) - Key metrics | Dashboard | Token Terminal
Token Terminal <> SushiSwap | Monthly data update (April 2023)
Chains tracked: Arbitrum, Avalanche, Binance-Smart-Chain, Ethereum, Fantom, Polygon
Methodology:
- Trading volume: Total trading volume on SushiSwap
- Fees: Total trading fees paid by traders
- Supply-side fees: Share of trading fees that goes to the liquidity providers
- Revenue: Share of trading fees that goes to the protocol (SUSHI 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 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 (April 2023):
- Trading volume: $1.49b
- Fees: $4.48m
- Supply-side fees: $3.73m
- Revenue: $746.98k
- Token incentives: $284.58k
- Earnings: $462.40k
- Treasury (monthly average): N/A
- Daily active users (monthly average): 11.79k
- Core developers (monthly average): 11
- Code commits: 434
Token Terminal <> SushiSwap | Monthly data update (May 2023)
Chains tracked: Arbitrum, Avalanche, Binance-Smart-Chain, Ethereum, Fantom, Optimism, Polygon
Methodology:
- Net deposits: Average value of funds locked in SushiSwap’s liquidity pools.
- Trading volume: Total trading volume on SushiSwap
- Fees: Total trading fees paid by traders
- Supply-side fees: Share of trading fees that goes to the liquidity providers
- Revenue: Share of trading fees that goes to the protocol (SUSHI 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 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):
- Net deposits: $395.95m
- Trading volume: $1.56b
- Fees: $4.67m
- Supply-side fees: $3.89m
- Revenue: $778.28k
- Token incentives: $253.85k
- Earnings: $524.43k
- Treasury (monthly average): $28.82m
- Daily active users (monthly average): 12.65k
- Weekly active users (monthly average): 62.87k
- Monthly active users (monthly average): 210.86k
- Core developers (monthly average): 13
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Code commits: 500
Token Terminal <> SushiSwap | Monthly data update (June 2023)
Chains tracked: Arbitrum, Avalanche, Binance-Smart-Chain, Ethereum, Fantom, Optimism, Polygon
Methodology:
- Net deposits: Average value of funds locked in SushiSwap’s liquidity pools
- Trading volume: Total trading volume on SushiSwap
- Fees: Total trading fees paid by traders
- Supply-side fees: Share of trading fees that goes to the liquidity providers
- Revenue: Share of trading fees that goes to the protocol (SUSHI 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 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):
- Net deposits: $354.21m
- Trading volume: $341.61m
- Fees: $971.27k
- Supply-side fees: $809.66k
- Revenue: $161.61k
- Token incentives: $180.36k
- Earnings: -$18.75k
- Treasury (monthly average): $22.91m
- Daily active users (monthly average): 10.53k
- Weekly active users (monthly average): 61.35k
- Monthly active users (monthly average): 220.37k
- Core developers (monthly average): 12
- Code commits: 539
Looks good from the Sushi side, and checks out with our internal data 
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