Native ETH stakers or LST (liquid staking token) holders can deposit assets to and withdraw assets from Symbiotic.

Symbiotic is a shared security protocol that serves as a thin coordination layer, empowering network builders to control and adapt their own (re)staking implementation in a permissionless manner

Symbiotic team and investors own and govern the protocol. Symbiotic's investors include Paradigm and cyber•Fund.

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Symbiotic

# Symbiotic Assets staked Methodology

## 1. Overview

Assets staked measures the total value of capital backing Symbiotic's restaking protocol. This metric represents the USD value of all tokens held in Symbiotic collateral and vault addresses, providing insight into the protocol's total staked assets and capital depth. The calculation tracks token balances across all protocol addresses and converts them to USD using daily price feeds.

## 2. Data sources

- **Protocol events**: Symbiotic `AddEntity` events from the `DefaultCollateralFactory` contract on Ethereum that define collateral account addresses
- **Factory events**: Symbiotic `VaultFactory` events on Ethereum that define vault account addresses  
- **Token transfer data**: Ethereum token transfer events and transaction traces to track balance changes at protocol addresses
- **Price feeds**: End-of-day token price feeds for USD conversion
- **Token metadata**: Token symbol and decimal information for proper amount calculation

## 3. Step-by-step calculation

### Component A: Protocol address identification
- **Purpose**: Identifies all Symbiotic collateral and vault addresses where assets are held
- **Logic**: Extracts account addresses from Symbiotic protocol factory events. Collateral addresses come from `AddEntity` events emitted by the `DefaultCollateralFactory` contract, while vault addresses are identified from `VaultFactory` events. These addresses represent the protocol-controlled accounts where staked assets are held.
- **Key fields**: `entity` address from factory events, converted to `account_address` for tracking

### Component B: Token balance tracking  
- **Purpose**: Calculates token balance changes at all identified protocol addresses
- **Logic**: Uses the token balance change calculation system to track all token movements at Symbiotic addresses. Processes token transfer events and transaction traces to determine when tokens enter or leave protocol addresses. Calculates incremental balance changes for each token at each address over time.
- **Key fields**: `timestamp`, `account_address`, `token_address`, `balance` changes

### Component C: Cumulative balance calculation
- **Purpose**: Computes running totals of token holdings over time
- **Logic**: Applies window functions to calculate cumulative sums of balance changes, partitioned by address and token. This creates a time series showing the total amount of each token held at each protocol address at any point in time.
- **Key fields**: Cumulative `balance` for each `token_address` and `account_address` combination

### Component D: Data continuity
- **Purpose**: Ensures continuous time series without gaps
- **Logic**: Forward-fills balance data to create complete daily time series. When no balance changes occur on a given day, the previous day's balance is carried forward to maintain data continuity across all time periods.
- **Key fields**: Forward-filled `balance` values for consistent daily reporting

### Component E: USD conversion
- **Purpose**: Converts token balances to USD values for aggregation
- **Logic**: Joins cumulative token balances with end-of-day price feeds to calculate USD values. Multiplies token amounts by daily USD prices, filtering to include only positive balances (assets held, not liabilities). Uses daily price granularity for consistent valuation.
- **Key fields**: `amount` in USD calculated as `balance` × `price_usd`

### Final aggregation
- **Combining components**: Sums all positive USD token balances across all protocol addresses and tokens to get total net deposits
- **Currency conversion**: Uses end-of-day price feeds for daily USD conversion of all token holdings
- **Time aggregation**: Maintains daily granularity with forward-filling to ensure continuous time series
- **Final calculation**: Assets staked equals the total USD value of all tokens held in Symbiotic collateral and vault addresses, representing the total capital backing the restaking protocol

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

Value of assets staked or restaked through the project.

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Assets staked

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