How do you calculate 18 mio USD TOTAL annual fee income?
An annual market volume of $1.92 bilion USD and 0,15% fee is equal = 2,88 mio USD not 18 mio USD
Where I did the mistake?
We estimate the total market volume to be $1920 billion. Out of $1920 billion, we estimate 2.5% market share for tokens.net, which is $12 billion.
2.5% of 12 billion = $18M