Glossary

Fee Capture Ratio

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

Share of fees retained

Plain-English meaning

Fee Capture Ratio is used here to describe share of fees retained. In the daily board, the word is grouped by the role it performs rather than by spelling or market popularity.

You may encounter it in a product interface, technical document, risk report, policy paper, or market dashboard. The term is included for recognition and comparison, not as a product recommendation.

Why it belongs with Protocol Revenue Metrics

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

When solving the puzzle, compare the job this term performs with nearby cards. A correct group usually shares a function, risk type, workflow, or market structure rather than simply sharing similar wording.

Where you might see it

You might encounter this term while reading educational explainers, product documentation, risk disclosures, market dashboards, or beginner guides. Always separate vocabulary learning from financial decision-making.

Educational vocabulary only. This definition does not provide investment, tax, legal, product, or trading advice.