Illuvium

Illuvium is a decentralized collection of interconnected fantasy role-playing games built on the Ethereum network, designed for players who want verifiable ownership of the digital items they earn while playing. Players capture creatures called Illuvials, which exist as non-fungible tokens that the player genuinely owns rather than merely licensing from a game company. The project addresses the traditional gaming problem of players having no real claim to in-game assets by recording ownership on a public blockchain.

The games run on Ethereum but use Immutable X, a Layer 2 solution employing Zero-Knowledge Rollups, to process the bulk of transactions including NFT minting and trading at high speed and without gas fees for players, while Ethereum provides the underlying security. ILV is the protocol's native governance token, and the project's economic model directs that all revenue generated by the games be distributed to ILV holders who stake their tokens rather than retained by the development team. Digital assets such as Illuvials are designed to be usable across multiple titles within the Illuvium universe.

Fees are generated by activity within the game ecosystem, such as NFT trading and in-game transactions, and the protocol's stated model routes 100 percent of that revenue to stakers, which is reflected in the take rate of 100.0 percent over the trailing 30 days. In the trailing 12 months, fees and protocol revenue both totaled 126,778.15 USD, while the trailing 30-day figures stood at 3,107.25 USD for both fees and revenue, implying an annualized run rate of 37,804.88 USD based on recent activity. Supply-side revenue for the trailing 30 days is recorded as 0.0 USD, meaning the portion allocated to liquidity providers or analogous participants outside the staking model appears to be zero in that window. The market capitalization divided by annualized fees from the trailing 30 days stands at 882.11, giving a sense of scale between the network's current size and its recent fee generation.