Creators launch a token that is seeded with single-sided liquidity into a canonical Uniswap V3 pool paired against WETH; the LP position NFT is locked in the NOXA locker. Tokens trade instantly on the DEX with no LP migration and no token taxes; creators earn the pool's swap fees.

NOXA Fun is a hybrid token launchpad. On Robinhood Chain it has launched 60,000+ tokens, each paired against WETH on Uniswap V3 with the LP locked. TVL is the WETH-side value of these locked launch positions.

Token creators and memecoin traders on Robinhood Chain. NOXA Fun is a multi-chain launchpad also deployed on MegaETH, Monad, Merlin, Intuition, and Stable.

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NOXA Fun

# noxa Total value locked Methodology

## 1. Overview

Total value locked (TVL) is calculated as the total value of WETH deposited in Uniswap V3 liquidity pools launched via the NOXA launcher. This metric is utilized as a leading indicator of the liquidity available for trading within the NOXA ecosystem. To prevent double-counting and reflect the single-sided nature of the launch liquidity, only the WETH reserve of these pools is tracked and priced. The resulting values are used to assess the growth, depth, and capital efficiency of the protocol's launched pools over time.

## 2. Data sources

- **Blockchain events**: `PoolCreated` events from Uniswap V3 Factory contracts, the pool-level `Mint`, `Collect`, and `Swap` events of the identified pools, and transaction data from the NOXA launcher contract, all covering Robinhood Chain
- **External data**: End-of-day price feeds for WETH

## 3. Step-by-step calculation

### Component A: Pool identification

- **Purpose**: Identify Uniswap V3 pools launched via the NOXA launcher
- **Logic**: `PoolCreated` events from Uniswap V3 Factory contracts are parsed. These events are filtered by matching their transaction hashes with transactions where the destination address is the NOXA launcher contract. This transaction-routing signal is utilized as a proxy for identifying pools created through the launcher.
- **Key fields**: `pool_address`, `token0_address`, `token1_address`, `transaction_hash`

### Component B: Asset flow extraction

- **Purpose**: Reconstruct the daily WETH reserve change for the identified pools directly from their decoded Uniswap V3 events
- **Logic**: For the identified pools, the WETH-side reserve change is reconstructed from three pool events: `Mint` adds WETH (liquidity provision), `Collect` removes WETH (liquidity withdrawal), and `Swap` moves WETH by the pool-signed amount (positive when WETH enters the pool). Only the WETH leg of each event is retained, as single-sided launch liquidity is priced solely on WETH. Raw amounts are decimal-corrected per event before daily aggregation to avoid numeric overflow.
- **Key fields**: `pool_address`, `token_address`, `delta_tvl`

### Component C: Cumulative TVL calculation and USD conversion

- **Purpose**: Calculate the cumulative TVL and convert the values to USD
- **Logic**: Daily WETH flow deltas are summed and accumulated over time to calculate the running WETH balance for each pool. A floor of zero is applied to prevent negative balances. Missing daily values are filled forward to ensure continuity. The cumulative WETH balances are normalized by decimal precision and multiplied by end-of-day USD price feeds to produce the final TVL metric.
- **Key fields**: `timestamp`, `tvl`, `price_usd`

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

Total value locked (TVL)

Total value locked (TVL) — value deposited into the project's applications.

NOXA Fun

Total value locked

Total value locked

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