Reference
Metric definitions
Every figure this site publishes is defined here once: what it measures, over what period, from which source, and the specific ways it misleads. Nothing is displayed anywhere on the site that does not have an entry on this page.
| Figure | Group | Period it carries | In one sentence |
|---|---|---|---|
| Accounting basis | Fundamentals | point-in-time | Whether the fee and revenue figures on this page are measured for a whole blockchain or for one application. |
| Protocol Fees (24h) | Fundamentals | 24h | The total amount users paid to use a network or application during the last 24 hours. |
| Protocol Fees (7d) | Fundamentals | trailing 7 days | The total amount users paid to use a network or application over the last seven days. |
| Protocol Fees (30d) | Fundamentals | trailing 30 days | The total amount users paid to use a network or application over the last thirty days. |
| Fees, trailing 12 months | Fundamentals | trailing 12 months | What users paid to use this network or protocol over the last year. |
| Protocol Fees (Annualized) | Fundamentals | annualized from trailing 30 days | The last thirty days of user-paid fees scaled up to a full-year rate. |
| Protocol Revenue (30d) | Fundamentals | trailing 30 days | The share of user fees retained by the protocol itself rather than paid out to its service providers. |
| Revenue, 24 hours | Fundamentals | 24 hours | What the protocol retained from user fees in the last day. |
| Revenue, trailing 12 months | Fundamentals | trailing 12 months | What the protocol itself retained from user fees over the last year. |
| Supply-Side Revenue (30d) | Fundamentals | trailing 30 days | The part of fees paid to the parties supplying the service: liquidity providers, validators, or miners. |
| Protocol revenue, annualized | Fundamentals | annualized from the trailing 30 days | The last thirty days of retained protocol revenue scaled up to a full year. |
| Token-Holder Revenue (30d) | Fundamentals | trailing 30 days | The part of fees routed to token holders through burns, buybacks, or direct distributions. |
| Take Rate (Revenue Share of Fees) | Fundamentals | trailing 30 days | The share of total user fees the protocol keeps instead of paying out to liquidity providers or validators. |
| Fee Growth (30d vs Prior 30d) | Fundamentals | trailing 30 days against the preceding 30 days | The percentage change in user-paid fees between the last thirty days and the thirty days before that. |
| Revenue Growth (30d vs Prior 30d) | Fundamentals | trailing 30 days against the preceding 30 days | The percentage change in retained protocol revenue between the last thirty days and the thirty days before. |
| Total Value Locked | Fundamentals | point-in-time | The dollar value of assets currently deposited in a protocol's or a chain's smart contracts. |
| TVL Growth (7d and 30d) | Fundamentals | 7-day and 30-day windows | The percentage change in total value locked over the past seven days and the past thirty days. |
| Value locked change, 7-day | Fundamentals | trailing 7 days | How much the value locked in this protocol has changed over the past week. |
| DEX Volume (24h) | Fundamentals | 24h | The dollar value of tokens swapped through decentralized exchange contracts over the last 24 hours. |
| DEX Volume / TVL Turnover | Fundamentals | 24h volume against point-in-time TVL | How many times over a protocol's deposited liquidity is traded against in a single day. |
| DEX volume, 30 days | Fundamentals | trailing 30 days | Value swapped through this network or protocol's decentralized exchanges over the last month. |
| Stablecoin Supply Hosted on Chain | Fundamentals | point-in-time | The value of stablecoins issued on, or bridged to, a particular blockchain. |
| Stablecoin Supply Growth (30d) | Fundamentals | trailing 30 days | The percentage change over thirty days in the stablecoin supply recorded on a chain. |
| Stablecoin in circulation | Fundamentals | point-in-time | How much of this stablecoin is outstanding across every chain it is issued on. |
There are also 8 figures a reader may expect that we deliberately do not publish, because no source we use provides them in a form we would stand behind.
The list, with the reason for each →