# BMX Classic Supply-side fees Methodology

## 1. Overview

# BMX Classic Supply-side fees Methodology Supply-side fees measures the share of fees that goes to the service providers. For BMX Classic, this metric is set to zero. All fees generated by the product—including those from spot trading, perpetual trading, and the minting or burning of liquidity assets—are currently classified as protocol revenue. No portion of these fees is recognized as a distribution to supply-side participants within the current data model.

## 2. Data sources

- **None**: This metric is set to a constant value and does not consume blockchain events.

## 3. Step-by-step calculation

### Component A: Supply-side fee allocation

- **Purpose**: The portion of fees distributed to liquidity providers is determined.
- **Logic**: The metric is derived by subtracting protocol revenue from total fees. For BMX Classic, protocol revenue is defined as 100% of the fees collected from `Vault` contracts and trading activities. Because the protocol retains the full amount of these fees, the supply-side share is calculated as zero.

*This methodology was automatically generated by Token Terminal's methodology analyzer.*

Portion of fees distributed to service providers or supply-side participants.

Supply-side fees

Derivative exchanges

Liquidity providers deposit funds into BMX and receive trading fees from traders (supply-side fees).

BMX is a non-custodial exchange for spot and perpetual contracts built on Base. BMX has three product lines: Classic, Freestyle, and Based MediaX

BMX tokenholders own and govern the protocol. They currently take a cut of the total trading fees paid by traders (revenue).

BMX Classic

Archived

Supply-side fees

Supply-side fees

Chain breakdown