Ask about CHOPCORP
Logo of CHOPCORPCHOPCORP(LOG)
Total Value Locked$27.2

TVL by Chain

Solana$27.2

Key Metrics

Fees (Annualized)$11.58m
Fees 30d$2,857

Solana$2,857

Fees 7d$0

Solana$0

Fees 24h$0

Solana$0

Cumulative Fees$5.05m

Solana$5.05m

Revenue (Annualized)$1.43m
Revenue 30d$344

Solana$344

Revenue 7d$0

Solana$0

Revenue 24h$0

Solana$0

Cumulative Revenue$622,743

Solana$622,743

Holders Revenue (Annualized)$1.3m
Holders Revenue 30d$315

Solana$315

Holders Revenue 7d$0

Solana$0

Holders Revenue 24h$0

Solana$0

Cumulative Holders Revenue$566,513

Solana$566,513

Protocol Information

Chopcorp is a gamified mining protocol on Solana where users compete to mine LOG tokens. The protocol features three core mechanisms: competitive Mining rounds where miners race to find solutions, King of the Hill (KOTH) seat auctions using a Dutch auction mechanism, and Prediction Markets for speculating on round outcomes. Fees are distributed to winners (85-88%), protocol buyback (10%), stakers via Lumberlode rewards (1%), and development (1-2%).

CategoryGamified Mining
WebsiteGitHubTwitter

Methodology

TVL: SOL deposits in KOTH vault (seat seize payouts), automation accounts (auto-chopping deposits), and active prediction markets (user bets).View code on GitHubFees: Total fees from Mining and KOTH. MINING: 12% total (1% admin + 1% lumberlode + 10% buyback). KOTH: 15% total (2% admin + 1% lumberlode + 10% buyback + 2% watchdog) and all the fees going to supplysideView code on GitHubRevenue: Combined protocol revenue from Mining and KOTH. All non-supply-side fees collected by treasury and fee_collector.View code on GitHubHolders Revenue: Rewards for LOG stakers. Lumberlode SOL (1% from Mining + 1% from KOTH) + Watchdog rewards (2% from KOTH) and 10% spent on buybacks from mining and koth eachView code on GitHub

Competitors

Dumpfun Gamified Launcher ($243.23)Macaron.bid ($153.97)MineBTC ($50.37)