# Polynomial Protocol

> Track Polynomial Protocol's fees, revenue, active users and earnings with daily on-chain data. Compare Polynomial Protocol with other derivative exchanges.

Source: [Polynomial Protocol on Token Terminal](https://tokenterminal.com/explorer/projects/polynomial-protocol). 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: Derivative exchanges
- Chains: optimism

## About

### What it is

Polynomial Protocol is a non-custodial exchange for perpetual contracts built on Optimism. Polynomial Protocol was founded by Gautham Santhosh, Salman Naseer Ahmed, & Mubaris NK, and their flagship product Polynomial Trade was launched in 2023.

### Who uses it

The Polynomial team own and govern the protocol. Polynomial’s investors include Archetype, Genblock Capital, Caballeros Capital, etc.

### How it works

Polynomial Protocol builds on top of Synthetix to create a synthetic perpetuals trading platform. Traders on Polynomial trade futures against the liquidity provided by liquidity providers on Synthetix, with liquidity providers receiving trading fees (supply-side fees).

## Metrics

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

- [Notional trading volume](https://tokenterminal.com/explorer/projects/polynomial-protocol/metrics/notional-trading-volume)
- [Fees](https://tokenterminal.com/explorer/projects/polynomial-protocol/metrics/fees)
- [Supply-side fees](https://tokenterminal.com/explorer/projects/polynomial-protocol/metrics/fees-supply-side)
- [Revenue](https://tokenterminal.com/explorer/projects/polynomial-protocol/metrics/revenue)
- [Expenses](https://tokenterminal.com/explorer/projects/polynomial-protocol/metrics/expenses)
- [Token incentives](https://tokenterminal.com/explorer/projects/polynomial-protocol/metrics/token-incentives)
- [Earnings](https://tokenterminal.com/explorer/projects/polynomial-protocol/metrics/earnings)
- [Active users (daily)](https://tokenterminal.com/explorer/projects/polynomial-protocol/metrics/user-dau)
- [Active users (weekly)](https://tokenterminal.com/explorer/projects/polynomial-protocol/metrics/user-wau)
- [Active users (monthly)](https://tokenterminal.com/explorer/projects/polynomial-protocol/metrics/user-mau)
- [Active addresses (daily)](https://tokenterminal.com/explorer/projects/polynomial-protocol/metrics/active-addresses-daily)
- [Active addresses (weekly)](https://tokenterminal.com/explorer/projects/polynomial-protocol/metrics/active-addresses-weekly)
- [Active addresses (monthly)](https://tokenterminal.com/explorer/projects/polynomial-protocol/metrics/active-addresses-monthly)
- [Core developers](https://tokenterminal.com/explorer/projects/polynomial-protocol/metrics/active-developers)
- [Code commits](https://tokenterminal.com/explorer/projects/polynomial-protocol/metrics/code-commits)
- [Transaction count (contracts)](https://tokenterminal.com/explorer/projects/polynomial-protocol/metrics/transaction-count-contracts)
- [Gas used](https://tokenterminal.com/explorer/projects/polynomial-protocol/metrics/gas-used)
- [Average fees per user (AFPU)](https://tokenterminal.com/explorer/projects/polynomial-protocol/metrics/afpu)
- [Average revenue per user (ARPU)](https://tokenterminal.com/explorer/projects/polynomial-protocol/metrics/arpu)
- [Take rate](https://tokenterminal.com/explorer/projects/polynomial-protocol/metrics/take-rate)

## Links

- [github](https://github.com/Polynomial-Protocol)
- [twitter](https://twitter.com/PolynomialFi)
- [discord](https://discord.com/invite/polynomial)
- [website](https://www.polynomial.fi/)