CRYPTO MARKET INTELLIGENCE / ASSET DOSSIER

Nominex.

nmx · coingecko:nominex

EVIDENCE · NOT A RECOMMENDATION

This dossier explains why the asset surfaced, what the stored evidence says, what changed, and which limitations remain. Deterministic signals are research questions, not investment conclusions.

Price$0.002343

Market cap$525,098.00

Active signals0

Total / circulating1.00×

Longest active streak—

Snapshots compared6

Why it surfaced

No deterministic rule is currently triggered.

What changed

No prior-snapshot signal comparison is available yet.

Latest fundamental observations

Metric	Period	Value	Observed
dex volume	24h	$900,356.00	2026-10-18T04:36:13.503Z
dex volume	30d	$40.38M	2026-10-18T04:36:13.503Z
dex volume	7d	$4.19M	2026-10-18T04:36:13.503Z
fees	24h	$57.58	2026-10-18T04:35:58.074Z
fees	30d	$2,880.90	2026-10-18T04:35:58.074Z
fees	7d	$386.27	2026-10-18T04:35:58.074Z
holders revenue	24h	$0.00	2026-10-18T04:36:12.168Z
holders revenue	30d	$0.00	2026-10-18T04:36:12.168Z
holders revenue	7d	$0.00	2026-10-18T04:36:12.168Z
revenue	24h	$40.91	2026-10-18T04:36:00.033Z
revenue	30d	$2,026.86	2026-10-18T04:36:00.033Z
revenue	7d	$272.70	2026-10-18T04:36:00.033Z
tvl	point in time	$1.39M	2026-10-18T04:35:46.584Z

Historical changes

Metric	Window	Change	Boundary
market cap usd:point in time	7d	-0.99%	2026-10-10T22:54:06.000Z → 2026-10-18T04:08:50.000Z
tvl usd:point in time	7d	-0.44%	2026-10-11T04:49:10.103Z → 2026-10-18T04:35:46.584Z

Market snapshot

Circulating supply: 224.16M
Total supply: 224.16M
Max supply: 224.16M
Provider updated: 2026-10-18T04:08:50.000Z

Evidence coverage

Verified/provider links: 1
Stored fundamental observations: 18
Calculated history rows: 2
Signal comparison: prior snapshot

Evidence synthesis

Generate or open a cached AI research brief constrained to this dossier's stored evidence, calculations, and limitations.

Open AI research brief

Rule evaluations

revenue growth declining multiple · excluded · no signal

Insufficient actual 30-day revenue or market-cap history

Limits: No observation within 2 days of the 30-day boundary · No observation within 2 days of the 30-day boundary

Inputs and calculation

{
  "inputs": {},
  "calculation": null,
  "evaluatedAt": "2026-10-18T04:35:46.584Z"
}

activity growth stagnant market cap · excluded · no signal

Insufficient actual 30-day activity or market-cap history

Inputs and calculation

{
  "inputs": {},
  "calculation": null,
  "evaluatedAt": "2026-10-18T04:35:46.584Z"
}

improving tokenholder value capture · excluded · no signal

No observations

Limits: Requires holders revenue and fees at both boundaries

Inputs and calculation

{
  "inputs": {},
  "calculation": null,
  "evaluatedAt": "2026-10-18T04:35:46.584Z"
}

peer valuation difference · included · no signal

Eligible, but the configured difference threshold was not met

Limits: A difference is not evidence of mispricing; protocol economics may not be comparable

Inputs and calculation

{
  "inputs": {
    "currentCap": 525098,
    "latestRevenue": 40.91,
    "peerMedian": 35.165599059746924
  },
  "calculation": {
    "annualizedRevenueMultiple": 35.165599059746924,
    "peerMultipleRatio": 1
  },
  "evaluatedAt": "2026-10-18T04:35:46.584Z"
}

fundamental deterioration · excluded · no signal

Insufficient actual 30-day fundamental history

Inputs and calculation

{
  "inputs": {},
  "calculation": null,
  "evaluatedAt": "2026-10-18T04:35:46.584Z"
}

high dilution · included · no signal

Eligible, but dilution threshold was not met

Limits: Supply fields are provider-reported and do not describe unlock timing

Inputs and calculation

{
  "inputs": {
    "circulatingSupply": 224160636.779705,
    "totalSupply": 224160636.779705
  },
  "calculation": {
    "totalToCirculatingRatio": 1
  },
  "evaluatedAt": "2026-10-18T04:35:46.584Z"
}

data quality investigation · included · no signal

No provider identity conflict detected

Inputs and calculation

{
  "inputs": {
    "identityConflict": false
  },
  "calculation": null,
  "evaluatedAt": "2026-10-18T04:35:46.584Z"
}

Provenance and raw evidence

Classification evidence

[
  {
    "assetId": "coingecko:nominex",
    "kind": "sector",
    "value": "decentralized_exchanges",
    "status": "classified",
    "reason": "Canonical mapping from DeFiLlama category Dexs",
    "sourceProvider": "defillama",
    "sourceRecord": "1823",
    "observedAt": "2026-10-18T04:35:46.584Z"
  },
  {
    "assetId": "coingecko:nominex",
    "kind": "asset_type",
    "value": "protocol_token",
    "status": "classified",
    "reason": "Canonical type mapping from DeFiLlama category Dexs",
    "sourceProvider": "defillama",
    "sourceRecord": "1823",
    "observedAt": "2026-10-18T04:35:46.584Z"
  }
]

Identity relationships

[
  {
    "assetId": "coingecko:nominex",
    "protocolId": "1823",
    "protocolSlug": "nomiswap",
    "method": "gecko_id_and_chain_contract",
    "evidence": "DeFiLlama gecko_id=nominex; DeFiLlama address=bsc:0xd32d01a43c869edcd1117c640fbdcfcfd97d9d65; CoinGecko platforms.binance-smart-chain=0xd32d01a43c869edcd1117c640fbdcfcfd97d9d65",
    "status": "verified_provider_relationship"
  }
]

Research statuses

[
  {
    "assetId": "coingecko:nominex",
    "observedAt": "2026-10-18T04:35:46.584Z",
    "status": "analyzable",
    "method": "global",
    "reason": "At least one deterministic screening method is eligible"
  },
  {
    "assetId": "coingecko:nominex",
    "observedAt": "2026-10-18T04:35:46.584Z",
    "status": "insufficient_historical_data",
    "method": "global",
    "reason": "One or more historical methods lack actual boundary observations"
  },
  {
    "assetId": "coingecko:nominex",
    "observedAt": "2026-10-18T04:35:46.584Z",
    "status": "excluded_from_method",
    "method": "revenue_growth_declining_multiple",
    "reason": "Insufficient actual 30-day revenue or market-cap history"
  },
  {
    "assetId": "coingecko:nominex",
    "observedAt": "2026-10-18T04:35:46.584Z",
    "status": "excluded_from_method",
    "method": "activity_growth_stagnant_market_cap",
    "reason": "Insufficient actual 30-day activity or market-cap history"
  },
  {
    "assetId": "coingecko:nominex",
    "observedAt": "2026-10-18T04:35:46.584Z",
    "status": "excluded_from_method",
    "method": "improving_tokenholder_value_capture",
    "reason": "No observations"
  },
  {
    "assetId": "coingecko:nominex",
    "observedAt": "2026-10-18T04:35:46.584Z",
    "status": "excluded_from_method",
    "method": "fundamental_deterioration",
    "reason": "Insufficient actual 30-day fundamental history"
  }
]

Human review decisions

[]

Full fundamental evidence

[
  {
    "id": "28ba3c2c-c546-48fa-b174-122aa3718807:1253",
    "protocolId": "1823",
    "metric": "tvl_usd",
    "period": "point_in_time",
    "observedAt": "2026-09-22T21:51:30.762Z",
    "value": 1404179.8154737612,
    "unit": "USD",
    "definition": "DeFiLlama protocol TVL at collection time",
    "sourceUrl": "https://api.llama.fi/protocols",
    "methodology": null
  },
  {
    "id": "643a86d5-0f73-414c-92e0-793343ff7d6c:1251",
    "protocolId": "1823",
    "metric": "tvl_usd",
    "period": "point_in_time",
    "observedAt": "2026-09-24T00:45:17.400Z",
    "value": 1400081.1270618606,
    "unit": "USD",
    "definition": "DeFiLlama protocol TVL at collection time",
    "sourceUrl": "https://api.llama.fi/protocols",
    "methodology": null
  },
  {
    "id": "c9ebdfa7-8140-48de-9184-9cab30c2f5a7:1251",
    "protocolId": "1823",
    "metric": "tvl_usd",
    "period": "point_in_time",
    "observedAt": "2026-09-28T02:01:00.253Z",
    "value": 1402782.8164437257,
    "unit": "USD",
    "definition": "DeFiLlama protocol TVL at collection time",
    "sourceUrl": "https://api.llama.fi/protocols",
    "methodology": null
  },
  {
    "id": "a37eade5-b5bd-4300-8bbc-62904da0a3f6:1253",
    "protocolId": "1823",
    "metric": "tvl_usd",
    "period": "point_in_time",
    "observedAt": "2026-10-06T16:53:29.731Z",
    "value": 1404566.552642436,
    "unit": "USD",
    "definition": "DeFiLlama protocol TVL at collection time",
    "sourceUrl": "https://api.llama.fi/protocols",
    "methodology": null
  },
  {
    "id": "5fde7da8-3c37-4879-8995-06f079ce2348:1237",
    "protocolId": "1823",
    "metric": "tvl_usd",
    "period": "point_in_time",
    "observedAt": "2026-10-11T04:49:10.103Z",
    "value": 1396284.8460761448,
    "unit": "USD",
    "definition": "DeFiLlama protocol TVL at collection time",
    "sourceUrl": "https://api.llama.fi/protocols",
    "methodology": null
  },
  {
    "id": "ea9bc80d-ba5e-4ad0-98fd-0db73fa06c1a:1194",
    "protocolId": "1823",
    "metric": "tvl_usd",
    "period": "point_in_time",
    "observedAt": "2026-10-18T04:35:46.584Z",
    "value": 1390106.889191978,
    "unit": "USD",
    "definition": "DeFiLlama protocol TVL at collection time",
    "sourceUrl": "https://api.llama.fi/protocols",
    "methodology": null
  },
  {
    "id": "ea9bc80d-ba5e-4ad0-98fd-0db73fa06c1a:6996",
    "protocolId": "1823",
    "metric": "fees_usd",
    "period": "24h",
    "observedAt": "2026-10-18T04:35:58.074Z",
    "value": 57.58,
    "unit": "USD",
    "definition": "Swap fees paid by traders: each pair's volume times its on-chain swapFee (0.1% on most constant-product pairs, 0.3% on NMX pairs, 0.004-0.006% on stable pairs).",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyFees",
    "methodology": {
      "UserFees": "All swap fees are paid by traders.",
      "Fees": "Swap fees paid by traders: each pair's volume times its on-chain swapFee (0.1% on most constant-product pairs, 0.3% on NMX pairs, 0.004-0.006% on stable pairs).",
      "Revenue": "Protocol share of swap fees, minted as LP tokens to the factory feeTo address: 70% on most pairs, about 100% on NMX pairs.",
      "ProtocolRevenue": "All revenue (protocol share of swap fees) goes to the factory feeTo address.",
      "HoldersRevenue": "Money going to governance token holders",
      "SupplySideRevenue": "Swap fees left in the pools for liquidity providers: 30% on most pairs, about 0% on NMX pairs.",
      "Volume": "Change in the subgraph's cumulative volumeUSD of Nomiswap constant-product and stable pairs over the period, excluding illiquid pairs whose reported volume is implausible against their reserves."
    }
  },
  {
    "id": "ea9bc80d-ba5e-4ad0-98fd-0db73fa06c1a:6997",
    "protocolId": "1823",
    "metric": "fees_usd",
    "period": "7d",
    "observedAt": "2026-10-18T04:35:58.074Z",
    "value": 386.27000000000004,
    "unit": "USD",
    "definition": "Swap fees paid by traders: each pair's volume times its on-chain swapFee (0.1% on most constant-product pairs, 0.3% on NMX pairs, 0.004-0.006% on stable pairs).",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyFees",
    "methodology": {
      "UserFees": "All swap fees are paid by traders.",
      "Fees": "Swap fees paid by traders: each pair's volume times its on-chain swapFee (0.1% on most constant-product pairs, 0.3% on NMX pairs, 0.004-0.006% on stable pairs).",
      "Revenue": "Protocol share of swap fees, minted as LP tokens to the factory feeTo address: 70% on most pairs, about 100% on NMX pairs.",
      "ProtocolRevenue": "All revenue (protocol share of swap fees) goes to the factory feeTo address.",
      "HoldersRevenue": "Money going to governance token holders",
      "SupplySideRevenue": "Swap fees left in the pools for liquidity providers: 30% on most pairs, about 0% on NMX pairs.",
      "Volume": "Change in the subgraph's cumulative volumeUSD of Nomiswap constant-product and stable pairs over the period, excluding illiquid pairs whose reported volume is implausible against their reserves."
    }
  },
  {
    "id": "ea9bc80d-ba5e-4ad0-98fd-0db73fa06c1a:6998",
    "protocolId": "1823",
    "metric": "fees_usd",
    "period": "30d",
    "observedAt": "2026-10-18T04:35:58.074Z",
    "value": 2880.9,
    "unit": "USD",
    "definition": "Swap fees paid by traders: each pair's volume times its on-chain swapFee (0.1% on most constant-product pairs, 0.3% on NMX pairs, 0.004-0.006% on stable pairs).",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyFees",
    "methodology": {
      "UserFees": "All swap fees are paid by traders.",
      "Fees": "Swap fees paid by traders: each pair's volume times its on-chain swapFee (0.1% on most constant-product pairs, 0.3% on NMX pairs, 0.004-0.006% on stable pairs).",
      "Revenue": "Protocol share of swap fees, minted as LP tokens to the factory feeTo address: 70% on most pairs, about 100% on NMX pairs.",
      "ProtocolRevenue": "All revenue (protocol share of swap fees) goes to the factory feeTo address.",
      "HoldersRevenue": "Money going to governance token holders",
      "SupplySideRevenue": "Swap fees left in the pools for liquidity providers: 30% on most pairs, about 0% on NMX pairs.",
      "Volume": "Change in the subgraph's cumulative volumeUSD of Nomiswap constant-product and stable pairs over the period, excluding illiquid pairs whose reported volume is implausible against their reserves."
    }
  },
  {
    "id": "ea9bc80d-ba5e-4ad0-98fd-0db73fa06c1a:14937",
    "protocolId": "1823",
    "metric": "revenue_usd",
    "period": "24h",
    "observedAt": "2026-10-18T04:36:00.033Z",
    "value": 40.91,
    "unit": "USD",
    "definition": "Protocol share of swap fees, minted as LP tokens to the factory feeTo address: 70% on most pairs, about 100% on NMX pairs.",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyRevenue",
    "methodology": {
      "UserFees": "All swap fees are paid by traders.",
      "Fees": "Swap fees paid by traders: each pair's volume times its on-chain swapFee (0.1% on most constant-product pairs, 0.3% on NMX pairs, 0.004-0.006% on stable pairs).",
      "Revenue": "Protocol share of swap fees, minted as LP tokens to the factory feeTo address: 70% on most pairs, about 100% on NMX pairs.",
      "ProtocolRevenue": "All revenue (protocol share of swap fees) goes to the factory feeTo address.",
      "HoldersRevenue": "Money going to governance token holders",
      "SupplySideRevenue": "Swap fees left in the pools for liquidity providers: 30% on most pairs, about 0% on NMX pairs.",
      "Volume": "Change in the subgraph's cumulative volumeUSD of Nomiswap constant-product and stable pairs over the period, excluding illiquid pairs whose reported volume is implausible against their reserves."
    }
  },
  {
    "id": "ea9bc80d-ba5e-4ad0-98fd-0db73fa06c1a:14938",
    "protocolId": "1823",
    "metric": "revenue_usd",
    "period": "7d",
    "observedAt": "2026-10-18T04:36:00.033Z",
    "value": 272.70000000000005,
    "unit": "USD",
    "definition": "Protocol share of swap fees, minted as LP tokens to the factory feeTo address: 70% on most pairs, about 100% on NMX pairs.",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyRevenue",
    "methodology": {
      "UserFees": "All swap fees are paid by traders.",
      "Fees": "Swap fees paid by traders: each pair's volume times its on-chain swapFee (0.1% on most constant-product pairs, 0.3% on NMX pairs, 0.004-0.006% on stable pairs).",
      "Revenue": "Protocol share of swap fees, minted as LP tokens to the factory feeTo address: 70% on most pairs, about 100% on NMX pairs.",
      "ProtocolRevenue": "All revenue (protocol share of swap fees) goes to the factory feeTo address.",
      "HoldersRevenue": "Money going to governance token holders",
      "SupplySideRevenue": "Swap fees left in the pools for liquidity providers: 30% on most pairs, about 0% on NMX pairs.",
      "Volume": "Change in the subgraph's cumulative volumeUSD of Nomiswap constant-product and stable pairs over the period, excluding illiquid pairs whose reported volume is implausible against their reserves."
    }
  },
  {
    "id": "ea9bc80d-ba5e-4ad0-98fd-0db73fa06c1a:14939",
    "protocolId": "1823",
    "metric": "revenue_usd",
    "period": "30d",
    "observedAt": "2026-10-18T04:36:00.033Z",
    "value": 2026.86,
    "unit": "USD",
    "definition": "Protocol share of swap fees, minted as LP tokens to the factory feeTo address: 70% on most pairs, about 100% on NMX pairs.",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyRevenue",
    "methodology": {
      "UserFees": "All swap fees are paid by traders.",
      "Fees": "Swap fees paid by traders: each pair's volume times its on-chain swapFee (0.1% on most constant-product pairs, 0.3% on NMX pairs, 0.004-0.006% on stable pairs).",
      "Revenue": "Protocol share of swap fees, minted as LP tokens to the factory feeTo address: 70% on most pairs, about 100% on NMX pairs.",
      "ProtocolRevenue": "All revenue (protocol share of swap fees) goes to the factory feeTo address.",
      "HoldersRevenue": "Money going to governance token holders",
      "SupplySideRevenue": "Swap fees left in the pools for liquidity providers: 30% on most pairs, about 0% on NMX pairs.",
      "Volume": "Change in the subgraph's cumulative volumeUSD of Nomiswap constant-product and stable pairs over the period, excluding illiquid pairs whose reported volume is implausible against their reserves."
    }
  },
  {
    "id": "ea9bc80d-ba5e-4ad0-98fd-0db73fa06c1a:21951",
    "protocolId": "1823",
    "metric": "holders_revenue_usd",
    "period": "24h",
    "observedAt": "2026-10-18T04:36:12.168Z",
    "value": 0,
    "unit": "USD",
    "definition": "Money going to governance token holders",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyHoldersRevenue",
    "methodology": {
      "UserFees": "All swap fees are paid by traders.",
      "Fees": "Swap fees paid by traders: each pair's volume times its on-chain swapFee (0.1% on most constant-product pairs, 0.3% on NMX pairs, 0.004-0.006% on stable pairs).",
      "Revenue": "Protocol share of swap fees, minted as LP tokens to the factory feeTo address: 70% on most pairs, about 100% on NMX pairs.",
      "ProtocolRevenue": "All revenue (protocol share of swap fees) goes to the factory feeTo address.",
      "HoldersRevenue": "Money going to governance token holders",
      "SupplySideRevenue": "Swap fees left in the pools for liquidity providers: 30% on most pairs, about 0% on NMX pairs.",
      "Volume": "Change in the subgraph's cumulative volumeUSD of Nomiswap constant-product and stable pairs over the period, excluding illiquid pairs whose reported volume is implausible against their reserves."
    }
  },
  {
    "id": "ea9bc80d-ba5e-4ad0-98fd-0db73fa06c1a:21952",
    "protocolId": "1823",
    "metric": "holders_revenue_usd",
    "period": "7d",
    "observedAt": "2026-10-18T04:36:12.168Z",
    "value": 0,
    "unit": "USD",
    "definition": "Money going to governance token holders",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyHoldersRevenue",
    "methodology": {
      "UserFees": "All swap fees are paid by traders.",
      "Fees": "Swap fees paid by traders: each pair's volume times its on-chain swapFee (0.1% on most constant-product pairs, 0.3% on NMX pairs, 0.004-0.006% on stable pairs).",
      "Revenue": "Protocol share of swap fees, minted as LP tokens to the factory feeTo address: 70% on most pairs, about 100% on NMX pairs.",
      "ProtocolRevenue": "All revenue (protocol share of swap fees) goes to the factory feeTo address.",
      "HoldersRevenue": "Money going to governance token holders",
      "SupplySideRevenue": "Swap fees left in the pools for liquidity providers: 30% on most pairs, about 0% on NMX pairs.",
      "Volume": "Change in the subgraph's cumulative volumeUSD of Nomiswap constant-product and stable pairs over the period, excluding illiquid pairs whose reported volume is implausible against their reserves."
    }
  },
  {
    "id": "ea9bc80d-ba5e-4ad0-98fd-0db73fa06c1a:21953",
    "protocolId": "1823",
    "metric": "holders_revenue_usd",
    "period": "30d",
    "observedAt": "2026-10-18T04:36:12.168Z",
    "value": 0,
    "unit": "USD",
    "definition": "Money going to governance token holders",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyHoldersRevenue",
    "methodology": {
      "UserFees": "All swap fees are paid by traders.",
      "Fees": "Swap fees paid by traders: each pair's volume times its on-chain swapFee (0.1% on most constant-product pairs, 0.3% on NMX pairs, 0.004-0.006% on stable pairs).",
      "Revenue": "Protocol share of swap fees, minted as LP tokens to the factory feeTo address: 70% on most pairs, about 100% on NMX pairs.",
      "ProtocolRevenue": "All revenue (protocol share of swap fees) goes to the factory feeTo address.",
      "HoldersRevenue": "Money going to governance token holders",
      "SupplySideRevenue": "Swap fees left in the pools for liquidity providers: 30% on most pairs, about 0% on NMX pairs.",
      "Volume": "Change in the subgraph's cumulative volumeUSD of Nomiswap constant-product and stable pairs over the period, excluding illiquid pairs whose reported volume is implausible against their reserves."
    }
  },
  {
    "id": "ea9bc80d-ba5e-4ad0-98fd-0db73fa06c1a:25238",
    "protocolId": "1823",
    "metric": "dex_volume_usd",
    "period": "24h",
    "observedAt": "2026-10-18T04:36:13.503Z",
    "value": 900356,
    "unit": "USD",
    "definition": "Change in the subgraph's cumulative volumeUSD of Nomiswap constant-product and stable pairs over the period, excluding illiquid pairs whose reported volume is implausible against their reserves.",
    "sourceUrl": "https://api.llama.fi/overview/dexs?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true",
    "methodology": {
      "UserFees": "All swap fees are paid by traders.",
      "Fees": "Swap fees paid by traders: each pair's volume times its on-chain swapFee (0.1% on most constant-product pairs, 0.3% on NMX pairs, 0.004-0.006% on stable pairs).",
      "Revenue": "Protocol share of swap fees, minted as LP tokens to the factory feeTo address: 70% on most pairs, about 100% on NMX pairs.",
      "ProtocolRevenue": "All revenue (protocol share of swap fees) goes to the factory feeTo address.",
      "HoldersRevenue": "Money going to governance token holders",
      "SupplySideRevenue": "Swap fees left in the pools for liquidity providers: 30% on most pairs, about 0% on NMX pairs.",
      "Volume": "Change in the subgraph's cumulative volumeUSD of Nomiswap constant-product and stable pairs over the period, excluding illiquid pairs whose reported volume is implausible against their reserves."
    }
  },
  {
    "id": "ea9bc80d-ba5e-4ad0-98fd-0db73fa06c1a:25239",
    "protocolId": "1823",
    "metric": "dex_volume_usd",
    "period": "7d",
    "observedAt": "2026-10-18T04:36:13.503Z",
    "value": 4186994,
    "unit": "USD",
    "definition": "Change in the subgraph's cumulative volumeUSD of Nomiswap constant-product and stable pairs over the period, excluding illiquid pairs whose reported volume is implausible against their reserves.",
    "sourceUrl": "https://api.llama.fi/overview/dexs?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true",
    "methodology": {
      "UserFees": "All swap fees are paid by traders.",
      "Fees": "Swap fees paid by traders: each pair's volume times its on-chain swapFee (0.1% on most constant-product pairs, 0.3% on NMX pairs, 0.004-0.006% on stable pairs).",
      "Revenue": "Protocol share of swap fees, minted as LP tokens to the factory feeTo address: 70% on most pairs, about 100% on NMX pairs.",
      "ProtocolRevenue": "All revenue (protocol share of swap fees) goes to the factory feeTo address.",
      "HoldersRevenue": "Money going to governance token holders",
      "SupplySideRevenue": "Swap fees left in the pools for liquidity providers: 30% on most pairs, about 0% on NMX pairs.",
      "Volume": "Change in the subgraph's cumulative volumeUSD of Nomiswap constant-product and stable pairs over the period, excluding illiquid pairs whose reported volume is implausible against their reserves."
    }
  },
  {
    "id": "ea9bc80d-ba5e-4ad0-98fd-0db73fa06c1a:25240",
    "protocolId": "1823",
    "metric": "dex_volume_usd",
    "period": "30d",
    "observedAt": "2026-10-18T04:36:13.503Z",
    "value": 40382544,
    "unit": "USD",
    "definition": "Change in the subgraph's cumulative volumeUSD of Nomiswap constant-product and stable pairs over the period, excluding illiquid pairs whose reported volume is implausible against their reserves.",
    "sourceUrl": "https://api.llama.fi/overview/dexs?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true",
    "methodology": {
      "UserFees": "All swap fees are paid by traders.",
      "Fees": "Swap fees paid by traders: each pair's volume times its on-chain swapFee (0.1% on most constant-product pairs, 0.3% on NMX pairs, 0.004-0.006% on stable pairs).",
      "Revenue": "Protocol share of swap fees, minted as LP tokens to the factory feeTo address: 70% on most pairs, about 100% on NMX pairs.",
      "ProtocolRevenue": "All revenue (protocol share of swap fees) goes to the factory feeTo address.",
      "HoldersRevenue": "Money going to governance token holders",
      "SupplySideRevenue": "Swap fees left in the pools for liquidity providers: 30% on most pairs, about 0% on NMX pairs.",
      "Volume": "Change in the subgraph's cumulative volumeUSD of Nomiswap constant-product and stable pairs over the period, excluding illiquid pairs whose reported volume is implausible against their reserves."
    }
  }
]