# Fluid DEX Expenses Methodology

## 1. Overview

Expenses measures the total cost Fluid DEX incurs to operate its business. This includes token incentives paid to supply-side or demand-side users, core contributor compensation, and traditional operating expenses such as audits or infrastructure costs. For Fluid DEX and Fluid DEX Lite, expenses are currently recorded as zero. This reflects that no on-chain token incentive programs or captured protocol-level operating expenditures are active within the protocol's data models.

## 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: Expense valuation

- **Purpose**: Determine the total operational and incentive-related costs for the protocol.
- **Logic**: Expenses for Fluid DEX and Fluid DEX Lite are hardcoded to zero. This constant value is applied across all supported blockchain deployments, including Ethereum, Arbitrum, Base, Polygon, and BSC. This indicates that no qualifying infrastructure costs or user rewards are currently being distributed through the parsed liquidity or trading programs.

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

Total project operating and incentive expenses.

Expenses

Exchanges (DEX)

Fluid acts as a lending, vault, and DEX platform for seamless DeFi interaction.

Fluid is a non-custodial lending, vaults, and DEX protocol built by Instadapp. Instadapp was founded by Samyak Jain & Sowmay Jain and launched in 2018.

FLUID tokenholders own and govern the protocol. They currently earn a cut of the fees generated through Fluid lending, vault and DEX services. Instadapp's investors include Coinbase Ventures, Pantera Capital, Robot Ventures, etc.

Fluid DEX

Expenses

Expenses

Chain breakdown