Auctioneers create auctions on Bounce Finance which users can participate in.

Bounce Finance is a non-custodial auction protocol built on Ethereum and other adjacent blockchains. Bounce Finance was founded by Ryan Fang & Jack Lu and launched in 2020.

AUCTION tokenholders own and govern the protocol. They currently take a cut of the total auction fees paid by auction creators (revenue). Bounce Finance's investors include Coinbase Ventures, Binance Labs, Pantera Capital, etc.

governance

github

twitter

etherscan

website

Infrastructure

Bounce Finance

# P/F ratio (circulating) Methodology

## Overview

P/F ratio (circulating) measures the circulating market cap relative to annualized fees. It shows how highly the project is valued relative to the activity users are willing to pay for, regardless of whether the project monetizes.

${market_cap_circulating} / (rolling_avg(${fees}, 30) * 365)

Circulating market cap relative to annualized fees.

Bounce FinanceAUCTION

P/F ratio (circulating)

P/F ratio (circulating)

Competitive landscape