/biz/ - Business & Finance

>>52769786
>where did you get that number? analytics on website say 1.88M
TVL across all four chains (Ethereum, Arbitrum, Optimism and Fantom) is $7.1M, Arbitrum is the largest.

>well then substitute these two with copex
Ok.
>TVL
copex has $11M TVL at a $53M marketcap -- 0.20 TVL/Mcap ratio
Premia has $7.1M TVL at a $8.3M marketcap -- 0.85 TVL/Mcap ratio
But it gets worse. Some more metrics:
copex monthly volume: $2.3M -- 0.21 Volume/TVL ratio -- 0.04 Volume/Mcap ratio
Premia monthly volume: $14M -- 1.97 Volume/TVL ratio -- 1.68 Volume/Mcap ratio

So copex has slightly higher TVL and a 6x larger marketcap yet it's doing 1/6th of Premia's volume. What does this tell you about copex? It's an inferior platform that nobody uses despite being in the spotlight as the largest DeFi Options platform.
How much protocol revenue does copex distribute to its stakers? Right, zero, because it hardly generates any fees to distribute. If copex fees were distributed the APR would be a fraction of a percentage, so they know not to bother because it would expose the project for the useless overvalued piece of shit that it is.
>bigger community
You mean more bagholders and retards who were stupid enough to be convinced that copex is a good project by twitter marketing that targets the lowest common denominator. Community size doesn't mean anything if nobody from that community trades on the platform.
>better connections
If by that you mean twitter shills who pumped and dumped copex tokens then sure, yeah it has more connections. No amount of connections can fix an inferior protocol though. That's why copex sells NFTs to keep their low IQ community engaged and distracted from the fact that the project is a failure.
>in what ways is premia better?
In just about any way you can think of. The underlying architecture behind Premia's AMM is so far ahead of copex primitive Vaults it's a joke, and it shows in the fact that nobody trades on copex despite all the attention that it gets.

>>52743073
It's a decentralized options AMM which facilitates millions in volume and which generates outisized revenue for stakers relative to its marketcap, what more do you need to know?

>>52661675
It makes sense that you would only hear about the tokens that have already pumped hard which already have numerous (bag)holders and which are already at high valuations. Nobody talks about low cap undervalued projects until they pump, at which point it's too late.

>>52636142
Try working on your reading comprehension and realise that I am obviously referring to options platforms.
>$10 a day
I make $110 a day staking Premia.