Gnosis

Gnosis is a Layer 1 blockchain and broader ecosystem of financial tools founded in 2015, built around the idea that everyday people should have greater control over their own finances without relying on traditional intermediaries. It started as a decentralised prediction market platform and has since expanded to include a smart-contract wallet infrastructure called Safe, a trading protocol called CoW Protocol, and a payments product called Gnosis Pay that works with crypto-native cards. The GNO token is the native asset of this ecosystem, tying together governance and economic participation across its various products.

Gnosis Chain operates as a Layer 1 blockchain, though the consensus algorithm is not recorded in the available data, so a precise description of its validator mechanics cannot be provided here. The ecosystem hosts smart contracts across several products, and GNO plays a role in staking and governance within the Gnosis Chain and its surrounding protocols. Safe secures over 58 billion dollars in assets by acting as programmable, multi-signature wallet infrastructure, while CoW Protocol routes trades to reduce the impact of front-running, having processed over 130 billion dollars in trade volume.

The protocol generated 126,030 dollars in fees over the trailing 12 months and 6,525 dollars in fees over the trailing 30 days, with the more recent 7-day figure standing at 1,426 dollars and the 24-hour figure at 210 dollars. Fee activity has declined sharply, with a 30-day fee change of negative 79.67 percent. Revenue to the protocol itself is recorded as zero dollars across the trailing 12 months, trailing 30 days, and the most recent 24-hour period, meaning that while users do pay some fees, none of those fees appear to flow back to the protocol as retained revenue under the definitions used on this site. As a result, fee-based valuation ratios such as the market-cap-to-fees ratio of 3,784.96 and the fully diluted valuation to fees ratio of 4,301.76 reflect only the gross fee activity, not any earnings accruing to the protocol itself.