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.

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Fluid

# Fluid Token incentives Methodology

## 1. Overview

The token incentives metric for Instadapp tracks token-based rewards distributed to users across all Instadapp products. Currently, this metric is hardcoded to zero, indicating that Instadapp does not distribute token incentives to users. The metric maintains the same dimensional structure as other Instadapp metrics (covering products like Fluid Fluid DEX, Fluid Vaults, Fluid Lite asset management, and Jupiter lending) but sets the incentive value to 0 across all time periods and product lines.

## 2. Data sources

The metric uses the dimensional framework from the fees calculation but does not process any actual incentive data:

- **Dimensional structure**: Timestamps, product identifiers, and chain identifiers from the fees metric framework
- **Chain coverage**: Ethereum, Arbitrum, Base, Polygon, and Solana chains where Instadapp operates
- **Product coverage**: All Instadapp product lines including Fluid Fluid DEX, Fluid Vaults, Fluid Lite asset management, and Jupiter lending

## 3. Step-by-step calculation

### Component A: Dimensional framework extraction
- **Purpose**: Establish the time series structure and product dimensions for the token incentives metric
- **Logic**: Reference the fees metric model to extract `timestamp`, `timestamp_grain`, `product_id`, and `chain_id` fields, providing the same dimensional coverage as other Instadapp metrics
- **Key fields**: `timestamp` (daily boundaries), `timestamp_grain` (set to 'day'), `product_id` (Instadapp product identifiers), `chain_id` (supported blockchain networks)

### Component B: Token incentives calculation
- **Purpose**: Set token incentives value across all dimensions
- **Logic**: Replace any potential token incentives calculation with a hardcoded value of 0, indicating no token-based rewards are currently distributed by Instadapp
- **Key fields**: `token_incentives` (set to 0 for all records)

### Final aggregation
- **Combining components**: The dimensional structure provides the framework while token incentives remain constant at zero
- **Currency conversion**: Not applicable since values are zero
- **Time aggregation**: Daily records maintained with consistent zero values across all time periods
- **Final calculation**: Token incentives = 0 for all products, chains, and time periods, processed through the standard finalization macro that applies schema validation, gap filling with zeros, and chain availability filtering

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

Value of native tokens distributed as incentives.

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Token incentives

Token incentives

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Chain breakdown