Customer story · DeFi / Yield protocols

The points infrastructure behind $9.2M in deposits

A DeFi protocol used Claimr to track deposits, price assets and calculate daily points across two chains. About 5,700 wallets deposited during the first phase, while referrals and partner campaigns ran on the same infrastructure.

Anonymous DeFi protocol · Phase-one deposits, July 2024-January 2025

Explore the resultsAll customer stories

The program at a glance

From an on-chain event to daily points

  1. Track the position

    Record deposits and withdrawals across both chains

  2. Price and score

    Apply daily token prices and program rules

  3. Connect participation

    Update referrals, boosts and leaderboards

Reported campaign outcomes

Deposits, referrals and positions at phase close

Gross deposits count all inflows, including repeated deposits. They are not revenue or the amount still held. The largest approximately 1% of depositor wallets accounted for 68% of deposit value. Values use program token prices, including fallback estimates where prices were missing.

Estimated gross deposits
~$9.2M

All phase-one deposits valued with the program’s daily token prices. Includes repeat deposits.

Depositing wallets
~5,700

Distinct addresses with at least one recorded phase-one deposit across the two chains.

Deposit value in the opening period
82%

Share of phase-one gross deposit value recorded in the first two reporting months, including a partial opening month.

Volume from referred wallets
71%

Share of gross deposits from wallets with a recorded referrer; these were 42% of depositors.

Positions above $10 at phase close
64%

Depositors with a reconstructed position worth more than $10 at the January 2025 phase close.

Volume from repeat depositors
61%

Share of gross deposits from wallets that made more than one deposit.

Anonymous DeFi protocol · Phase-one deposits, July 2024-January 2025

The challenge

Keep the points program aligned with real positions

The protocol needed deposits, withdrawals, token prices and reward rules to work together from launch. A wallet’s points depended on the value and duration of its position, with referral rewards and partner windows layered onto the same calculation.

Claimr’s role

Build and operate the full points infrastructure

Claimr built the on-chain listener, daily pricing service and per-wallet points engine. It also connected the referral tree, leaderboards and quest campaign, then extended the tracking as the protocol added new assets and rules.

The Claimr setup

One program, from deposit tracking to rewards

The program combined custom on-chain infrastructure with points, referrals, quests and time-limited campaign rules.

Deposits across two chains

An on-chain listener recorded deposits and withdrawals across the protocol’s supported assets and chains.

Daily pricing and points

Recorded token prices converted positions into USD values for daily scoring. Position value, time and configured boosts determined points.

Early and token-specific boosts

Early-depositor and token-specific bonus windows gave the protocol time-based rules to apply within the same points engine.

Referrals tied to deposit activity

The points engine connected referral rewards to invitees’ recorded deposit activity and updated the referral tree with scoring runs.

Partner campaign windows

Partner quests and promotional windows used eligibility rules within the same points infrastructure.

Continuity into phase two

Additional asset and transfer tracking let the protocol continue the points program into its next phase.

On-chain event trackingDaily token pricingPosition-based daily pointsEarly-depositor boostsToken-specific windowsReferral points shareReferral treeLeaderboardsQuest campaignPartner campaignsPhase-two continuity

One program across two chains

Connect deposit activity to daily progress

Claimr connected deposit and withdrawal events, daily asset prices and reward rules in one points engine. The first phase recorded about $9.2M in estimated gross deposits across 5,700 wallets.

82%

Deposit value in the opening period

Share of phase-one gross deposit value recorded in the first two reporting months, including a partial opening month.

61%

Volume from repeat depositors

Share of gross deposits from wallets that made more than one deposit.

Gross deposits include repeat contributions and assets later withdrawn or redeposited. Values use program token prices, with fallback estimates where needed. They are not revenue, current holdings or capital attributed to Claimr.

Referral participation

42% of depositors accounted for 71% of deposit value

Wallets with a recorded referrer deposited about $6.5M. The same infrastructure connected referral attribution to recorded deposit activity, giving the team a view of both participation and value.

Referred wallets’ share of the programReferral status comes from the exported address records
Share of depositing wallets
42%
Share of gross deposit value
71%

The comparison is observational. Referrer status was not independently established before every deposit, and the volume is concentrated in a small number of large wallets.

Who contributed the capital

A wide depositor base, with concentrated volume

The largest approximately 1% of depositor wallets supplied 68% of gross deposit value. Comparing that concentration with wallet counts and repeat deposits gives the team a more useful view of participation.

Deposit value by wallet sizeWallets ranked by their total phase-one gross deposits

68.4% · $6.3MLargest ~1%
~1% of wallets

19.1% · $1.8MNext ~9%
~9% of wallets

12.4% · $1.1MRemaining ~90%
~90% of wallets

Shares may not sum to 100% after rounding. Wallet counts do not establish unique people or independent sources of capital.

~560

Wallets deposited more than once

About one in ten depositors made multiple deposits during the first phase.

61%

Volume from repeat depositors

Share of gross deposits from wallets that made more than one deposit.

Positions at a defined endpoint

64% had a position above $10 at phase close

Reconstructing token balances from recorded deposits and withdrawals identifies about 3,600 wallets with positions worth more than $10 at phase close. Separately, 60% of depositors had no recorded withdrawal during phase one.

Positions use program balances and prices at the January 2025 phase close. An endpoint balance does not establish uninterrupted holding, and participants had different follow-up lengths.

The infrastructure continued into the next phase with additional asset and transfer tracking. This story reports phase-one results; later records do not establish a comparable annual retention rate.

Methodology

How to read the results

View sources and measurement details

The supplied report, program exports and scoring implementation support this story. Values are rounded estimates under the program’s pricing rules; comparisons describe observed activity.

Scope and wallets
Phase one covers deposits recorded from July 2024 through the January 2025 phase close. Approximately 5,700 distinct wallet addresses deposited across two chains. Addresses are not independently verified people or independent sources of capital.
Estimated deposit value
USD amounts use recorded daily token prices and the program’s scoring-day convention, with equivalent-asset prices where applicable. Missing prices use the next available recorded price, bounded by available history; around 0.3% of gross deposit value uses this fallback. These are estimates, not transaction-time execution prices or an independent audit.
Gross deposits and concentration
The approximately $9.2M total sums deposit inflows, including repeat deposits and assets later withdrawn or redeposited. It is not revenue, profit, current holdings or unique capital. The largest approximately 1% of wallets contributed 68% of gross value; repeat depositors contributed 61%.
Positions at phase close
The 64% figure counts depositing wallets with reconstructed balances worth more than $10 at the common January 2025 phase close, using the program’s balance and pricing rules. It does not establish uninterrupted holding. Participants joined at different times and had different follow-up lengths.
Referral attribution
Wallets with a recorded referrer represented 42% of depositors and 71% of gross deposit value. Referral status comes from the export and was not independently established before every deposit. The comparison does not isolate the effect of referrals, partner campaigns or rewards.
Later participation
The story describes phase-one results. Later balance records do not provide a comparable common endpoint for an annual retention claim. Results from this program do not establish expected deposits or returns for another program.

Build points around the activity your product records

Talk to Claimr about your events, pricing inputs, referral rules and the experience you want participants to follow.

Try live quests