Category Metric Target Comment
Volume Daily Volume min 20M, target 100M Flywheel activation threshold
Monthly Volume 587.5M Run-rate basis
Annual Volume 7.05B Annualized Variant A
Revenue Revenue / Month 260K Fee-based
Annual Revenue 3.12M From run-rate
Costs Total Costs / Month 524K Includes OPEX + marketing
Annual Costs 6.288M Full ramp year
Net CF / Month -264K Intentional deployment
Annual Net CF -3.168M Capital deployment year
Liquidity TVL 40M Anchor LP included
Real LP APR ~15% Fee-yield driven
Marketing Direct Marketing / Month 160K avg Aggressive ramp(max)
Marketing / Revenue 61% Activation phase
Users Paying MAU 50,371 Run-rate scenario
New Users / Month 3,300 Activation pace
New Paying Users / Month 1,350 Funnel-based
Unit Economics Blended CAC $35–40 Paid + referral
Cost per Paying Trader $85–120 Qualified trader acquisition
ARPU (monthly) ~$5.2 Revenue / active user
ARPPU (monthly) ~$5.2–6 Paying cohort
Estimated Payback 6–8 months Under 20M min daily volume

2026 is structured as capital deployment year to activate the economic flywheel.