# Mantra Chain Revenue Methodology

## 1. Overview

Revenue measures the portion of fees that Mantra Chain retains from its operations. For the Mantra Chain product, all collected network fees are distributed to supply-side participants (validators) as compensation for securing the blockchain and processing transactions. Because a protocol-level take rate has not been activated for network fees, 100% of transaction fees flow directly to infrastructure operators. Consequently, the protocol revenue for the Mantra Chain product is zero. For information regarding revenue generated by other products within the ecosystem, such as Mantra Zone or Mantra EVM, reference the project-level methodology.

## 2. Data sources

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

## 3. Step-by-step calculation

### Component A: Revenue calculation

- **Purpose**: To determine the protocol's share of network fees generated on Mantra Chain.
- **Logic**: Revenue is calculated as the difference between total fees and supply-side fees. Total fees for Mantra Chain consist of transaction fees and tips collected on-chain, while supply-side fees represent the total value distributed to the validator set. As the protocol operates without a fee switch or take rate on Layer 1 transactions, the entirety of the fee volume is allocated to validators. This results in protocol revenue being recorded as zero.

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

fees * take_rate (illustrative — revenue is observed directly per project, not derived from take_rate)

Fee revenue retained after supply-side payouts. Before cost of revenue (e.g. L2 DA fees) and before operating expenses.

Revenue

Blockchains (L1)

Mantra is a Decentralized Exchange (DEX), initially built on Ethereum and upgraded to the Mantra Chain, a blockchain built on the Cosmos SDK.

Mantra Chain

Archived

Revenue

Revenue

Chain breakdown