Protocol revenue, annualized

Revenue is the share of user fees the protocol keeps rather than pays out to whoever supplied the service. Annualizing it puts a monthly figure on the same footing as a market capitalization, which is what makes the revenue ratios on this site comparable across assets.

Как рассчитывается

protocol revenue over the last 30 days x 365/30

Где это вводит в заблуждение

It is a run-rate, not a forecast: it states what a year would look like if the last month repeated, which it will not. Retention policy is a governance choice and can be changed by a vote, so the denominator of any ratio built on it is not a stable quantity.

Сравнение с акциями и причины его несостоятельности

It is not revenue in the accounting sense. There are no audited accounts, no consolidated entity, and no holder with an enforceable claim on any of it.

Чтение максимального или минимального значения

Read next to the twelve-month total: a wide gap means the last month was not typical of the year.