Options buyers pay premium (supply-side fees) to liquidity providers who collaterize these option positions and cover possible profits.

Premia is an options trading protocol built on Ethereum & adjacent blockchains. Premia was founded by Anon Powered team and launched in 2021.

PREMIA tokenholders own and govern the protocol. They take a protocol fee (revenue) from options trading.

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Premia

# Premia Token incentives Methodology

## 1. Overview

Token incentives measures the total value of PREMIA tokens distributed as rewards to users of the Premia protocol on a daily basis. This metric captures the cost of token-based incentive programs used to bootstrap liquidity and user adoption in the options trading platform. The calculation aggregates all claimed PREMIA token rewards across multiple blockchain deployments and converts them to USD value.

## 2. Data sources

- **Blockchain events**: Parsed `Claim` events from PremiaMine contracts deployed on Arbitrum, Ethereum, Fantom, and Optimism networks
- **Token metadata**: PREMIA token contract addresses and decimal precision for each supported blockchain
- **External data**: End-of-day token price feeds for USD conversion of PREMIA tokens
- **Business classification**: Protocol metadata defining Premia as options trading in the derivatives market sector

## 3. Step-by-step calculation

### Component A: Token incentive event collection
- **Purpose**: Collect all PREMIA token reward claims across supported blockchains
- **Logic**: Extract `Claim` events from PremiaMine contracts on four blockchains (Arbitrum, Ethereum, Fantom, Optimism). Filter events to specific PREMIA token addresses that are hardcoded for each chain deployment. Each event captures when a user claims their accumulated PREMIA rewards from liquidity mining or other incentive programs. Extract the claimer `address`, `rewardAmount`, transaction metadata (`block_timestamp`, `transaction_hash`, `log_index`), and assign chain identifier
- **Key fields**: `address` (claimer wallet), `rewardAmount` (raw token amount), `block_timestamp` (claim time), `chain` (blockchain network), `token_address` (PREMIA contract address)

### Component B: Daily aggregation and classification
- **Purpose**: Aggregate token claims by day and assign business metadata
- **Logic**: Truncate `block_timestamp` to daily boundaries for time series aggregation. Group all claims by day, chain, and business classification. Assign standardized business metadata: business line as "Options trading", market sector as "derivatives", business segment as "option", and version as "v1" based on contract deployment. Sum total `rewardAmount` for each day-chain combination
- **Key fields**: `timestamp` (daily boundary), `chain_id` (blockchain), `business_line`, `market_sector_id`, `business_segment_id`, `version`, `token_address`, `token_incentives` (daily sum of claimed amounts)

### Component C: USD conversion and decimal correction
- **Purpose**: Convert raw token amounts to standardized USD values
- **Logic**: Apply Token Terminal's standard USD conversion methodology using end-of-day price feeds for PREMIA tokens. Correct for token decimal precision to convert from wei-denominated amounts to human-readable token units. The conversion uses the specific PREMIA token address for each chain to lookup the correct price and decimal metadata
- **Key fields**: `token_incentives` (converted to USD), `token_incentives_usd` (final USD amount)

### Final aggregation
- **Combining components**: The daily USD-converted incentive amounts represent the complete token incentives metric
- **Currency conversion**: USD conversion applied using end-of-day PREMIA token prices with proper decimal adjustment
- **Time aggregation**: Daily boundaries created by truncating blockchain timestamps to day level
- **Final calculation**: Sum of all PREMIA token rewards claimed per day, converted to USD value, representing the total daily cost of token incentive programs across all supported Premia protocol deployments

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

Value of native tokens distributed as incentives.

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Archived

Token incentives

Token incentives

Competitive landscape

Chain breakdown