KPI markets methodology
Scope: A high‑level description of how monthly "end‑of‑month (EOM)" settlement works in KPI markets. This page is conceptual and does not include operator parameters.
EOM (end‑of‑month)
"End‑of‑month" refers to a single closing snapshot for the metric (e.g., TVL) taken at the boundary between one calendar month and the next, using a single consistent timezone and a public reference so everyone sees the same number.
See glossary: EOM, KPI market.
Why a single closing snapshot
A single, well‑defined close keeps settlement simple and predictable for traders. It mirrors how financial indices report end‑of‑period levels and avoids ambiguity that arises from rolling windows.
What EOM is not
Not a moving average (e.g., 7‑day / 30‑day).
Not a time‑weighted or volume‑weighted average.
Not user‑configurable in the app.
Not per‑protocol; it settles on a chain‑level KPI as listed.
Notes
KPI markets are curated by Butter; users do not configure or create markets in the app.
For technical details of data access and operator parameters, see internal operations documentation (not part of user docs).
Related
TVL (EOM) markets — product page.
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