Methodology

Make the uncertainty
part of the data.

Atlas normalizes the questions, not the protocols. Native terms and caveats stay visible wherever standardization would mislead.

01 · Definitions

A normalized economic statement

Fees paid by users=Supply-side income+Gross protocol income+Direct external costs+Unclassified flow

Fees paid by users (30d)

Total protocol-level charges paid for the service. Base-chain gas is excluded unless the protocol captures it.

Gross protocol income (30d)

The portion controlled by the protocol, treasury, contributors, or a protocol-directed value mechanism before observable direct costs.

Net protocol revenue (30d)

Gross protocol income after observable direct costs required to deliver the service.

Token-holder value (30d)

Operational value sent to holders through direct distributions, buybacks, or burns. The mechanism must be shown because these are not equivalent.

Liquidity-provider income (30d)

Fee or reward income allocated to liquidity providers, before inventory losses and capital costs.

Validator / node income (30d)

Fee and reward income allocated to validators or node operators. Fee-funded and issuance-funded amounts are separated where possible.

Incentives and emissions (30d)

New issuance or treasury spend used to fund security, liquidity, or usage. A missing value never becomes zero.

Treasury income (30d)

Operational flow sent to a governance, community, or protocol treasury.

Accounting-style profit (30d)

Net protocol revenue after operating expenses and incentives. Usually unavailable because off-chain expenses are not public.

DEX volume (30d)

USD value of swaps in the reporting window, included only as demand context.

Liquidity / TVL

Current value committed to the protocol. It is context, not revenue.

02 · Evidence states

What the badge promises

Observed

Published by a direct or inspectable data source for this period.

Derived

Calculated from sourced values with the formula retained.

Estimated

Depends on an explicit assumption that can change the answer.

Curated rule

A documented rule or classification reviewed by a human.

Not available

The source does not expose enough evidence. It is not zero.

Source conflict

Two credible sources or fields cannot be reconciled yet.

03 · Source hierarchy

Rules and amounts need different proof

  1. 01

    Direct on-chain state or events with a documented calculation

  2. 02

    Official protocol API derived from chain data

  3. 03

    Official documentation or ratified governance for rules

  4. 04

    Open-source adapter with inspectable methodology

  5. 05

    Reputable secondary analytics source

  6. 06

    Manual estimate with a visible formula

A primary-source rule does not prove a live amount. An observed transfer does not, by itself, prove its accounting classification. Atlas keeps both pieces.

04 · Reconciliation

Every $100 must land somewhere

  • Every percentage names its basis: user fees, network fee, system income, or issuance.
  • Flow shares must total 100% or expose a residual.
  • Fee-funded and issuance-funded participant income stay separate.
  • Buyback, burn, direct distribution, and treasury accrual are different mechanisms.
  • Accounting profit stays unavailable when operating costs are missing.
05 · Limits

What this MVP cannot prove

The snapshots do not predict token price, future volume, or the behavioral response to a governance change. Off-chain expenses are often unavailable. Open adapters can have incomplete coverage. Static $100 maps explain the rule, not every period's realized outcome.

Correction policy: preserve the prior claim in version history, update the source ledger, explain the classification change, and never silently rewrite an uncertain number.