A space to discuss the fundamentals of ‘Vertex Protocol’.
Link to the dashboard: Vertex Protocol - Key metrics | Dashboard | Token Terminal
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Token Terminal <> Vertex Protocol | Monthly data update (June 2023)
Chains tracked: Arbitrum
Methodology:
- Net deposits: Total value deposited in the Offchain Book contracts
- Trading volume: Total notional trading volume on Vertex Protocol
- Fees: Total trading fees paid by traders
- Supply-side fees: Share of trading fees that goes to liquidity providers
- Revenue: Share of trading fees that goes to Vertex 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 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: $4.72m
- Trading volume: $1.21b
- Fees: $282.14k
- Supply-side fees: $0
- Revenue: $282.14k
- Token incentives: $0
- Earnings: $282.14k
- Treasury (monthly average): N/A
- Daily active users (monthly average): 139
- Weekly active users (monthly average): 331
- Monthly active users (monthly average): 806
- Core developers (monthly average): 4
- Code commits: 101
The Vertex team has reviewed the monthly data update for June 2023, and these figures are aligned with our benchmarks. Thanks Token Terminal!
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