# Glossary of Terms

### TONIC **(Financials |** Charts)

&#x20;**Total Supply and Total Borrow**&#x20;

* The total value (in USD) supplied and borrowed on Tectonic, tracked on a daily basis

**Total Utilization**

* The total value (in USD) that is borrowed divided by the total value (in USD) that is supplied on Tectonic, tracked on a daily basis

**Supplying, Withdrawing and Total Supply**

* The daily value (in USD) that is supplied to and withdrawn from all Tectonic markets. Total Supply refers to the total value (in USD) that is supplied to Tectonic, tracked on a daily basis

**Borrowing, Repaying and Total Borrow**&#x20;

* The daily value (in USD) that is borrowed from and repaid back on all Tectonic markets. Total Borrow refers to the total value (in USD) that is borrowed on Tectonic, tracked on a daily basis

### TONIC **(Financials |** Table)

**Date**&#x20;

* The day the transactions took place. Data captured is reset daily as at 00:00 UTC

**Supplying (USD)**&#x20;

* Total supply inflow across all markets (in USD) during the given day

**Withdrawals (USD)**&#x20;

* Total supply outflow across all markets (in USD) during the given day

**Borrowing (USD)**

* Total value (in USD) of tokens that were borrowed across all markets during the given day

**Repayment (USD)**&#x20;

* Total value (in USD) of tokens that were repaid across all markets during the given day

**Liquidations (USD)**

* Total value (in USD) of tokens that were liquidated across markets during the given day

**Total Supply (USD)**&#x20;

* The accumulated total value (in USD) supplied on Tectonic, tracked on a daily basis

**Total Borrow (USD)**&#x20;

* The accumulated total value (in USD) borrowed on Tectonic, tracked on a daily basis

**Interest (USD)**&#x20;

* Total value (in USD) of interest paid by borrowers during the given day

**Total Utilization**&#x20;

* Total amount (in %) that has been borrowed relative to the total amount that has been supplied

**Protocol Revenue**

* How much revenue (in USD), which includes interest and liquidations, was earned by Tectonic during the given day

**Protocol Interest Revenue**&#x20;

* How much interest (in USD) was paid by borrowers to Tectonic during the given day

**Protocol Liquidation Revenue**

* How much fees from liquidations (in USD) was collected by Tectonic during the given day

**Supplier Revenue**&#x20;

* How much interest (in USD) was paid by borrowers to suppliers

**TONIC Price**&#x20;

* The price of TONIC at the end of the day

**Supply Incentive (TONIC)**&#x20;

* How much TONIC was spent as supply incentives during the given day

**Supply Incentive (USD)**&#x20;

* How much TONIC was spent as supply incentives during the given day, denominated in USD

**Borrow Incentive (TONIC)**&#x20;

* How much TONIC was spent as borrow incentives during the given day

**Borrow Incentive (USD)**&#x20;

* How much TONIC was spent as borrow incentives during the given day, denominated in USD

**Total Supply Incentive (TONIC)**&#x20;

* The accumulated total amount of TONIC tokens that have been spent as supply incentives up to the given day

**Total Supply Incentive (USD)**&#x20;

* The accumulated total value of TONIC that has been spent as supply incentives up to the given day, denominated in USD

**Total Borrow Incentive (TONIC)**&#x20;

* The accumulated total amount of TONIC tokens that have been spent as borrow incentives up to the given day

**Total Borrow Incentive (USD)**&#x20;

* The accumulated total value of TONIC that has been spent as borrow incentives up to the given day, denominated in USD

**Daily Suppliers**&#x20;

* How many unique addresses had supplied tokens across all markets during the given day

**Daily Borrowers**&#x20;

* How many unique addresses had borrowed tokens across all markets during the given day

**Daily Liquidated Borrowers**&#x20;

* How many unique addresses were liquidated during the given day

**Daily Liquidators**&#x20;

* How many unique addresses had performed a liquidation during the given day

**Total Suppliers**&#x20;

* The total number of unique addresses that had supplied tokens on Tectonic, as of that date

**Total Borrowers**&#x20;

* The total number of unique addresses that had borrowed tokens on Tectonic, as of that date

### TONIC **(Markets**)

**Suppliers by market**

* The number of unique wallet addresses that supply to the respective markets

**Borrowers by market**&#x20;

* The number of unique wallet addresses that borrow from the respective markets

**No. of Suppliers & Borrowers**&#x20;

* The breakdown of suppliers and borrows across all markets on Tectonic, tracked on a daily basis

**No. of Suppliers by Market**&#x20;

* The percentage of users, as measured by their unique wallet address, that supply to the respective markets

**No. of Borrowers by Market**&#x20;

* The percentage of users, as measured by their unique wallet address, that borrow from the respective markets

### TONIC **(Activity**)

**Action**&#x20;

* The type of transaction. There are 5 types of transactions listed on the table: Supply, Borrow, Redeem, Repay and Liquidation.

**Total Value**&#x20;

* The total dollar value (in USD) of the transaction that took place

**Token Amount**&#x20;

* Token amount is defined as the amount of collateral (denominated in their respective token) per transaction.

**Account**

* The address where the transaction took place

**Time**

* How long ago, from the current period, the transaction took place

### xTONIC

**xTONIC Price (USD)**&#x20;

* The current market price for xTONIC given the xTONIC:TONIC exchange rate

**xTONIC Market Cap**&#x20;

* Total xTonic Supply multiplied by the xTONIC price.

**xTONIC Total Supply**&#x20;

* How much is currently held by TONIC stakers, denominated in xTONIC tokens. This includes xTONIC locked in vaults

**xTONIC:TONIC**&#x20;

* The current exchange rate to convert 1 xTONIC to TONIC

**TONIC Staked for xTONIC**

* How much is currently staked, denominated in TONIC tokens. Defined by xTONIC Total Supply multiplied by the current xTONIC:TONIC exchange rate

**Average Lock Time**&#x20;

* The average time period users have locked their xTONIC in the Maturity Vaults for

**APR (7D)**&#x20;

* The annual percentage rate of increase in the xTONIC:TONIC rate, calculated over the last seven days

**xTONIC APR (chart)**

* The annual percentage rate of increase in the xTONIC:TONIC rate over time. The chart can be displayed on a monthly or semi-annual basis
