Decentralized Exchanges (DEX)
Welcome to the DEX section. In general, we build our models focusing on the volume, impermanent loss, and the trend for the corresponding protocol's growth over time. In the following sections, you can find the score and the data we present for the DEX protocols that we adopted in our dashboard.
DEX Analysis
Volume Continuity Score
Definition: The volume continuity score aims to estimate the likelihood of volume continuity given the exchange transactions over a pool. The importance of this estimation is that moving funds frequently is suboptimal. In addition, a pool has a preferable ROI today does not necessarily mean it will be preferable 2 weeks later. Hence, given the mean and median volume, the number of unique wallets performing exchanges, and the total number of transactions, we estimate this score for each pool and the protocol itself.
Value type: float
Value range: [0, 1]
DEX Analytics
Protocol-level Data
Volume
Definition: Volume represents the 24-hour volume (USD) of the protocol given all the pools we track in our product.
Value type: float
Value range: [0, ∞)
Total Value Locked (TVL)
Definition: Total Value Locked (TVL) represents the total value of tokens (USD) invested in the protocol given all the pools we track in our product.
Value type: float
Value range: [0, ∞)
Pool-level Data
Pool Name
Definition: Pool name is the name of the pool either fetched from the protocol (if exists) or built using the symbols of tokens forming the pool.
Value type: string
Value range: can be anything
e.g. curvefi eth/frxeth
Total Value Locked (TVL)
Definition: Total Value Locked (TVL) represents the total value of tokens (USD) invested in the pool.
Value type: float
Value range: [0, ∞)
Volume
Definition: Volume represents the 24-hour volume (USD) of the pool given all exchange transactions.
Value type: float
Value range: [0, ∞)
Fee
Definition: Fee (USD) represents the value distributed to the wallets staked in the pool given 24-hour volume (USD) of the corresponding pool given all exchange transactions.
Value type: float
Value range: [0, ∞)
Transactions
Definition: Transactions represent the number of exchange transactions that happened in the pool given a 24-hour period.
Value type: integer
Value range: [0, ∞)
Unique Wallets
Definition: Unique wallets represent the number of unique wallets that executed the exchange transactions that happened in the pool given a 24-hour period.
Value type: integer
Value range: [0, ∞)
Tokens
Definition: This section represents the tokens that are forming the corresponding DEX pool. For each token, the following values are available:
Token TVL: The number of corresponding tokens in the pool.
Token TVL (USD): The USD value of the corresponding token in the pool.
Token Volume: The number of the corresponding tokens exchanged in the pool given a 24-hour period.
Token Volume (USD): The USD value of the corresponding token exchanged in the pool given a 24-hour period.
Value type: float for all values
Value range: [0, ∞) for all values
Mean Volume
Definition: Mean volume represents the average volume of exchange transactions given a 24-hour period for a pool.
Value type: float
Value range: [0, ∞)
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