Category

Protocol Revenue Metrics

These metrics help explain gross fees, net protocol revenue, incentives, and fee capture without implying investment value.

How to recognize this theme

Terms that describe how protocols measure fees and retained value.

In a daily board, this category groups terms by their shared role. Look for four cards that describe the same mechanism, risk area, or workflow rather than four words that merely sound similar.

Educational context

These entries are vocabulary notes for learning. They are not project endorsements, token recommendations, exchange rankings, or trading signals.

Gross Protocol Fees

Gross protocol fees are the total fees generated by protocol activity before incentives, rebates, expenses, or revenue sharing.

Net Revenue Share

Net revenue share is the portion of revenue allocated after subtracting costs or payments defined by a protocol's accounting rules.

Incentive Emission Cost

Incentive emission cost estimates the value of rewards distributed to encourage protocol usage or liquidity provision.

Fee Capture Ratio

A fee capture ratio compares retained protocol revenue with the total fees generated by users or transactions.