SEDA ProtocolSEDA

SEDA Protocol generated $32.2K in gross revenue from Jul 2025 to Oct 2026 (450 days), with $10.2K retained as net revenue. $10.1K accrued to SEDA token holders. Its primary token utilities include Network Security, Staking Rewards, Staking Access, Gas Token, Service Payments, and Delegated.

This averages $$72 in daily gross revenue across the tracked period.

SEDA accrues value through 1 mechanism: Direct Token Burn.

• Direct Token Burn: Every data request executed on SEDA results in a deterministic token burn tied directly to execution. As Oracle Programs and Data Proxies consume network resources, tokens are permanently removed from supply. Current cumulative burn is ~0.10% of supply, scaling proportionally with network activity.

Yes, SEDA Protocol burns or redistributes SEDA tokens via Direct Token Burn. In 2026, approximately $2.5K worth of value was returned to token holders through these mechanisms.

Yearly token holder distributions:

• 2026: $2.5K
• 2025: $7.7K

SEDA serves 6 primary functions within the SEDA Protocol ecosystem: Network Security, Staking Rewards, Staking Access, Gas Token, Service Payments, and Delegated. The protocol generates fees from user activity, with a portion distributed back to SEDA holders. Value flows back to token holders through Direct Token Burn.

Token utilities:

• Network Security: Validators must stake SEDA tokens to participate in PoS consensus, produce blocks, sign batches, and secure Oracle Program execution. Approximately 36.98% of total supply (376.9M SEDA) is currently bonded with a 21-day unbonding period.
• Staking Rewards: Stakers earn ~6.06% APR (~6.25% APY with compounding) from protocol inflation of ~2.41% annually (~24.5M new SEDA/year). Stakers receive 100% of all emission distributions, with a real staking reward of ~5.04% after inflation.
• Staking Access: Overlay node operators must stake SEDA tokens to operate nodes for querying Data Proxies and fetching external data, and main chain validators must stake to participate in consensus and batch signing—staking is required to unlock these operational roles.
• Gas Token: SEDA is the native token of the SEDA L1 chain (Cosmos-based), used to pay for all on-chain transaction fees including computation, data delivery, and Oracle Program/Data Proxy deployments.
• Service Payments: SEDA tokens are spent for specific protocol services including data request execution, Oracle Program deployment, and data proxy queries, with a deterministic token burn tied directly to each data request's computation and inherited security.
• Delegated: Token holders delegate voting power to validators who vote on governance proposals relating to network parameters (e.g., inflation rates, staking targets). Delegators assign power without transferring tokens through the Keplr Dashboard.

Value accrual mechanisms:

• Direct Token Burn: Every data request executed on SEDA results in a deterministic token burn tied directly to execution. As Oracle Programs and Data Proxies consume network resources, tokens are permanently removed from supply. Current cumulative burn is ~0.10% of supply, scaling proportionally with network activity.

In 2026, SEDA Protocol generated $4.2K in gross revenue. Of that, $2.5K was distributed to token holders, $1.7K went to supply-side participants (e.g. liquidity providers).

Year-by-year revenue breakdown:

• 2026: $4.2K gross revenue — $2.5K to holders, $1.7K to supply-side
• 2025: $28.1K gross revenue — $7.7K to holders, $90 to protocol, $20.3K to supply-side