Unipilot removes the complexities and costs of providing concentrated liquidity, making liquidity more capital efficient. For projects, this optimization of liquidity enables lower-slippage trading.

Unipilot is a concentrated liquidity manager live on multiple chains and DEXs. Unipilot currently supports Uniswap V3 and QuickSwap V3 across six chains: Ethereum, Polygon, Polygon zkEVM, Arbitrum, BNB Chain and Dogechain. Unipilot is in the Xord.com ecosystem. This dashboard does not take into account Unipilot's transition into A51 Finance.


PILOT tokenholders own and govern the protocol. PILOT stakers earn a share of the total LP fees (revenue).

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Unipilot

# Unipilot Token incentives Methodology

## 1. Overview

Token incentives represents the total value of reward tokens distributed by Unipilot protocol to users participating in their yield farming program. This metric captures the PILOT tokens paid out as incentives to liquidity providers across Unipilot's automated liquidity management vaults. The calculation aggregates daily reward distributions from Unipilot's farming contracts and converts them to USD values to measure the protocol's token incentive spending.

## 2. Data sources

- **Reward claim events**: Parsed `UnipilotFarm_Reward_event` logs from Unipilot V1 farming contracts on Ethereum, capturing individual reward distributions to users
- **Vault creation events**: Parsed `VaultCreated` events from Unipilot Active and Passive factory contracts across Ethereum, Polygon, Arbitrum, and BSC networks to establish vault registry
- **Token metadata**: Token symbol and metadata registry for creating human-readable vault identifiers
- **End-of-day price feeds**: Daily token price data for converting PILOT token rewards to USD values
- **Chain availability data**: Network availability and operational status information for data quality filtering

## 3. Step-by-step calculation

### Component A: Reward data extraction
- **Purpose**: Extracts raw reward distribution data from Unipilot farming contracts
- **Logic**: Processes `UnipilotFarm_Reward_event` logs from Unipilot V1 Ethereum farming contracts. Filters for reward claim transactions and extracts the vault address where rewards were earned, the reward token address (hardcoded to PILOT token: `0x37c997b35c619c21323f3518b9357914e8b99525`), and the raw reward amount distributed to users. Captures transaction metadata including block timestamp, transaction hash, and log index for traceability.
- **Key fields**: `block_timestamp` for timing, `vault_address` for vault identification, `token_address` for reward token, `amount` for reward quantity, `transaction_hash` and `log_index` for transaction tracking

### Component B: Vault metadata enrichment  
- **Purpose**: Maps vault addresses to human-readable vault identifiers
- **Logic**: Creates a comprehensive vault registry by processing `VaultCreated` events from both Active and Passive Unipilot factory contracts across multiple chains (Ethereum, Polygon, Arbitrum, BSC). Extracts vault addresses and their underlying token pair addresses (`tokenA` and `tokenB`). Joins with token metadata registry to resolve token addresses to their symbols, then concatenates token symbols to create vault titles in format "TOKEN0-TOKEN1" (e.g., "USDC-ETH").
- **Key fields**: `vault_address` for vault identification, `token0_address` and `token1_address` for underlying assets, `vault_title` for human-readable names, `chain` and `version` for protocol classification

### Component C: Reward and vault data combination
- **Purpose**: Enriches reward data with vault context and business classifications
- **Logic**: Joins reward claim data with vault metadata using vault address and chain as join keys. Truncates timestamps to daily granularity and applies standardized business classifications: "Asset_mgmt" business line, "asset_management" market sector, and "yield_aggregator" business segment. Maps vault addresses to vault titles for better readability in reporting.
- **Key fields**: `timestamp` (daily), `chain_id`, `contract_name` (vault title), `token_address`, `token_incentives` (reward amount), business classification fields

### Component D: Currency conversion and decimal correction
- **Purpose**: Converts raw token amounts to standardized USD values
- **Logic**: Applies decimal correction to account for PILOT token's 18-decimal precision, converting raw blockchain units to human-readable token quantities. Joins with end-of-day price feeds to convert PILOT token amounts to USD values using the appropriate exchange rate for each day. Handles missing price data gracefully and ensures accurate currency conversion.
- **Key fields**: `token_incentives` (corrected amounts), `token_incentives_usd` (USD values), price and decimal metadata

### Final aggregation
- **Combining components**: All reward distributions are aggregated at the daily level per vault and chain, summing total PILOT token incentives distributed and their USD equivalent values
- **Currency conversion**: Raw token amounts are corrected for 18-decimal precision and converted to USD using end-of-day PILOT token prices
- **Time aggregation**: Data is aggregated to daily granularity using timestamp truncation, with consistent daily boundaries across all chains
- **Final calculation**: The final metric represents the total USD value of PILOT tokens distributed as incentives per day per vault, with data filtered to exclude records after December 28, 2023 due to project archival status

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

Value of native tokens distributed as incentives.

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Token incentives

Token incentives

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Chain breakdown