# Catnip

> Track Catnip with daily standardized on-chain data. Compare Catnip with other exchanges (DEX). See charts, financial statements and datasets in one place.

Source: [Catnip on Token Terminal](https://tokenterminal.com/explorer/projects/catnip). This page has no metric values. For current values, use the [Token Terminal API](https://tokenterminal.com/docs/api-reference/introduction) or the [MCP server](https://tokenterminal.com/docs/mcp/introduction).

- Sectors: Exchanges (DEX)
- Chains: robinhoodchain

## About

### What it is

Catnip is a constant-product exchange with farming and NIP staking on Robinhood Chain.

### Who uses it

NIP stakers (xNIP holders) take a share of protocol fees.

### How it works

Each swap hop pays a 0.30% LP fee to liquidity providers. Farm emissions are mostly paid to LP farmers in NIP, with 875K of each 5.25M scheduled in the first phases going to protocol funds. Staked NIP is held as xNIP, whose NIP value grows as protocol fees are added.

## Metrics

Token Terminal tracks these metrics for Catnip daily. Each page has a chart with the full history.

- [Active addresses (daily)](https://tokenterminal.com/explorer/projects/catnip/metrics/active-addresses-daily)
- [Active addresses (weekly)](https://tokenterminal.com/explorer/projects/catnip/metrics/active-addresses-weekly)
- [Active addresses (monthly)](https://tokenterminal.com/explorer/projects/catnip/metrics/active-addresses-monthly)
- [Transaction count (contracts)](https://tokenterminal.com/explorer/projects/catnip/metrics/transaction-count-contracts)
- [Gas used](https://tokenterminal.com/explorer/projects/catnip/metrics/gas-used)

## Links

- [website](https://catnipexchange.com)
- [twitter](https://twitter.com/catnipexchange)
