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Effective Take Rate

Shows the share of gross fees swept as protocol revenue each week, broken down by pool and displayed as a rolling average.

Data

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Use Cases

This chart helps you:

  • Verify protocol economics: Compare the observed take rate against documented fee splits to confirm the revenue model works as expected
  • Track fee structure changes: Monitor whether effective take rates shift over time due to vault composition changes
  • Compare pool economics: See which pools retain more or less revenue based on their staking/compounding vault splits
  • Evaluate the Overall rate: Understand how the aggregate take rate is dominated by the largest fee-generating pool (Crypto.1)

How to Read This Chart

Click to expand chart reading guide

Line Chart:

  • X-axis: Weekly midpoints (Wednesday of each ISO week)
  • Y-axis: Take rate as a percentage (0-50%)
  • Colored lines: Each line represents an individual pool's take rate
  • Bold line (Overall): The aggregate take rate across all pools, weighted by fee volume
  • Window toggle: Switch between 1-week and 4-week rolling

Interpreting the values:

  • A stable line means the pool's fee structure has not changed
  • Wider rolling windows produce smoother lines; narrower windows show more recent shifts

Methodology

Click to expand technical details

Staking vs. Compounding Vault Blending

The official fee distribution documents the protocol share for the staking vault only (e.g. 30% for Crypto Pool, 20% for Meme Pool). The compounding vault typically has a lower protocol share, so the effective rate is a blend of both vaults weighted by their LP composition. For pools where both vaults share the same split (like Crypto.1 at 70/30), the effective rate equals the documented rate. For pools with a more favorable compounding split (like Trump.1 at 80/20 staking, 95/5 compounding), the effective rate is lower than the docs suggest.

Data Source

Weekly pool metrics are pre-computed from daily fee and revenue data. Each ISO week aggregates:

  • Gross fees: Sum of gross_fees_usdc across all days in the week
  • Revenue: Sum of MoveProtocolFees distributions (revenue) across all days

Take Rate Calculation (Rolling Window)

Fees are generated when trades happen (SwapFeeInternal), but revenue is swept later by MoveProtocolFees (every ~6 hours). This timing lag means a single week's ratio can spike above the theoretical maximum when a sweep catches up on accumulated fees from prior weeks. To eliminate this artifact, the chart uses a trailing rolling window:

take_rate = sum(revenue_usdc over window) / sum(fees_usdc over window)

Available windows:

  • 1-Week: Shows raw weekly ratios, more volatile due to timing lag
  • 4-Week (default): Smooths out most timing artifacts while still showing trends

Per-pool and overall rates are computed independently. The overall rate is the ratio of total revenue to total fees, not an average of per-pool rates.

Weekly Aggregation

  • Data is grouped by ISO week (Monday-Sunday)
  • Partial weeks at the start and end of the dataset are flagged and excluded from the chart
  • This prevents edge effects from incomplete data inflating or deflating apparent rates

Update Frequency

Data is automatically updated once a day. Check the "Last updated" timestamp in the site header for data freshness.