Overview
Definitions of variables that appear in the Validators page on the Rated Explorer for Solana.
Data freshness: The 1d view refreshes every 3,000 slots (~25 minutes). The rest of the views refresh on a daily basis.
Validators View
This page shows pertinent metrics across the network’s validator set. By default, it lists validators based on their allocation of stake (i.e. network penetration).
Validators view of the Rated Network Explorer for Solana.
Counters
There are four counters at the top of the view that show the aggregate performance of the network in the time period selected. These are helpful in quickly referencing how a validator is performing compared to the network average. The colored numbers represent the difference of the measure from the last period based on the time window toggle.
For a deeper dive into what each of these metrics mean, please visit the Solana Validator Effectiveness Rating page.
Network Penetration
This is the percentage distribution of stake that maps under any given validator. We calculate this as:
Commission Rate
This is the percentage commission taken by this validator from the staking rewards (i.e. voting) earned by the stake delegated to them, and also the commission they take on MEV rewards they get.
Delegator APY
This is the annual percentage yield earned by delegators staking with this validator, net of commissions. On the 1d time period, the APY takes into account the rewards received for the last 3 days to smooth out the noise given Solana’s staking rewards schedule, which is every epoch (~2 days). For more information, please refer to our documentation Annual Percentage Yield (APY).
Vote Latency
The average slot distance between where a validator’s vote transaction was included and the slot they were actually voting for.
Effectiveness Rating
The Rated model of validator performance for the Solana network. The colour coding in each of these values hints to the relative performance of the entity.
For more information on how this is computed and the methodology behind it, please refer to the Solana Validator Effectiveness Rating page. You can also learn more about how we rank for relative performance via Rating percentiles.