Liquidity providers deposit NFTs and funds into Sudoswap and receive trading fees, and creators receive royalties from users (supply-side fees).

Sudoswap is a non-custodial NFT marketplace protocol built on Ethereum. Sudoswap was founded by Owen Shen and launched in 2022.

Team and investors own and govern the protocol. They currently take a cut of the total fees paid by users (revenue).

github

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NFT marketplaces

Sudoswap

# Sudoswap Token incentives Methodology

## 1. Overview

The SudoSwap token incentives metric measures the value of token rewards distributed by the protocol to incentivize user participation. For SudoSwap, this metric is consistently zero across all time periods, as the protocol does not operate any token incentive programs. The metric maintains the same temporal structure as other SudoSwap metrics to ensure consistency in reporting and analysis.

## 2. Data sources

The metric inherits its timestamp structure from the underlying SudoSwap trading data, which includes:

- **SudoSwap v1 contract interactions**: Parsed Ethereum transaction traces from pair creation, NFT swapping, and fee change functions
- **SudoSwap v2 contract interactions**: Transaction traces from ERC721 and ERC1155 pair operations, bonding curve calculations, and royalty engine calls
- **Trading activity data**: All swap transactions across both protocol versions to ensure complete temporal coverage
- **Chain data**: Currently limited to Ethereum blockchain data
- **Token metadata**: Token decimal information and addressing data for proper metric formatting

## 3. Step-by-step calculation

### Component A: Base timestamp structure extraction
- **Purpose**: Establish the temporal framework for the token incentives metric
- **Logic**: Extract the `timestamp`, `timestamp_grain`, `product_id`, and `chain_id` fields from the SudoSwap fees metric, which aggregates all trading activity across both protocol versions. This ensures the token incentives metric covers the same time periods as other SudoSwap metrics, maintaining consistency for comparative analysis
- **Key fields**: `timestamp` (daily truncated), `timestamp_grain` (set to 'day'), `product_id` (SudoSwap identifier), `chain_id` (blockchain identifier)

### Component B: Token incentives value assignment  
- **Purpose**: Set the token incentives value to accurately reflect SudoSwap's lack of token reward programs
- **Logic**: Assign a constant value of 0 to the `token_incentives` field for all records, as SudoSwap does not distribute token rewards to users or liquidity providers. This zero value applies across all time periods and chain configurations
- **Key fields**: `token_incentives` (always 0)

### Final aggregation
- **Combining components**: The timestamp structure from the fees metric is combined with the zero-valued token incentives field to create complete records
- **Currency conversion**: Not applicable since all values are zero
- **Time aggregation**: Daily granularity maintained from the underlying fees metric structure  
- **Final calculation**: The metric value is consistently zero for all time periods, representing the absence of any token incentive programs in the SudoSwap protocol

The methodology applies standard metric finalization procedures including schema validation, identifier validation, gap filling with zeros for missing time periods, and chain availability filtering to ensure consistency with other Token Terminal metrics.

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

Value of native tokens distributed as incentives.

SudoswapSUDO

Token incentives

Token incentives

Competitive landscape

Chain breakdown