Track how Merkle Trade protocol revenue flows to MKL holders through fees, buybacks, and value accrual mechanisms.
Key questions and answers about Merkle Trade revenue, fees, and token value accrual
Merkle Trade generated $2.7M in gross revenue from Dec 2024 to Apr 2026 (480 days), with $1.7M retained as net revenue.
This averages $$5.7K in daily gross revenue across the tracked period.
No, Merkle Trade does not currently burn MKL tokens. The protocol does not employ a buy-back-and-burn or direct token burn mechanism.
The protocol generates fees from user activity.
In 2026, Merkle Trade generated $89.4K in gross revenue. Of that, $89.4K was retained as protocol revenue (treasury).
Year-by-year revenue breakdown:
Merkle Trade's gross revenue has decreased by 100% over the past 90 days compared to the prior 90-day period, from $75.5K to $0.