A space to discuss the fundamentals of ‘Trader Joe’.
Link to the dashboard: Trader Joe (JOE) - Key metrics | Dashboard | Token Terminal
Token Terminal <> Trader Joe | Monthly data update (March 2023)
Chains tracked: Arbitrum, Avalanche, BNB Chain
Methodology:
- Trading volume: Total trading volume on Trader Joe
- 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 (JOE holders)
- Token incentives: USD value of tokens that have been distributed to incentivise users
- Earnings: Revenue minus token incentives
- Treasury: Average USD value of the protocol’s funds held on-chain (including unallocated governance tokens)
- Daily active users: number of distinct traders
- Active developers: 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):
- Trading volume: $2.19b
- Fees: $4.07m
- Supply-side fees: $3.97m
- Revenue: $108.23k
- Token incentives: $122.04k
- Earnings: $-13.80k
- Treasury: N/A
- Daily active users (monthly average): 3.54k
- Active developers (monthly average): 14.48
- Code commits: 137
