X2Y2 fundamentals

Projects
1

A space to discuss the fundamentals of ‘X2Y2’.

Link to the dashboard: X2Y2 (X2Y2) - Key metrics | Dashboard | Token Terminal

2

Token Terminal <> X2Y2 | Monthly data update (March 2023)

Chains tracked: Ethereum

Methodology:

Metrics (March 2023):

3

Token Terminal <> X2Y2 | Monthly data update (April 2023)

Chains tracked: Ethereum

Methodology:

  • Trading volume: Trading volume on X2Y2
  • Fees: Royalties and transaction fees paid by collectors
  • Supply-side fees: Royalties that go to the creators
  • Revenue: Transaction fees that go to the protocol (X2Y2 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 Buyers and Sellers
  • 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):