Verse fundamentals

A space to discuss the fundamentals of ‘Verse’.

Link to the dashboard: Verse (VERSE) - Key metrics | Dashboard | Token Terminal

Token Terminal <> Verse | Monthly data update (March 2023)

Chains tracked: Ethereum

Methodology:

  • Trading volume: Total trading volume on Verse
  • 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 (VERSE holders)
  • Token incentives: USD value of the protocol’s 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 traders
  • 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):