Q: What is XPMarket token aggregator?

A: XPMarket is the largest website tracking the whole ecosystem built on top of XRP Ledger, presented in a classical and user-friendly way. Our mission is to make XRP Ledger and its ecosystem discoverable and easy to navigate, empowering retail and developer communities with unbiased, high-quality, and accurate information. Apart from tracking key parameters, such as price, volume, and market cap, XPMarket provides a better insight into community-related metrics, as well as links additional DeFi elements for a seamless and continuous experience.

Q: How is the circulating supply calculated?

A: We are inspecting every single wallet that holds a specific token. We evaluate how many tokens are held in these wallets in relation to the total supply. If we identify abnormalities then these wallets are excluded from circulation.

Q: How to get listed on XPMarket?

A: You do not have to do anything at all! Our XRPL validator node and bots will find your project automatically and list it on our platform, as well as on the DEX and Swaps.

Q: What Key parameters do you track?

A: On the main page you are able to track the most important information about each token: Token price is calculated based on a global volume-weighted average of a token traded on the XRPL DEX and Centralised Exchanges (CEX) tracked by XPMarket. If a token is not listed on any CEX, then we show only the last DEX price. Token price change shows did the value of the token changed in the past 24 hours and 7 days Market capitalisation is one of the parameters used to determine the relative size of the token. It's calculated by multiplying the Price by the Circulating Supply. Volume is the total trading volume of a token across the XRPL DEX and Centralised Exchanges tracked by XPMarket. We additionally show DEX only volume and Total Volume (DEX + CEX). Trust Lines is one of the parameters to evaluate the size of the community and represents the total number of wallets that have established a special connection with a token issuer allowing them to receive and hold the token. Holders is one of the parameters to evaluate the size of the community and represents the total number of wallets that hold a non-zero balance of the token. X followers is one of the parameters to evaluate the size of the community and represents the total number of X followers of the corresponding official account.

Q: Why are tokens prices different between centralised exchanges and a decentralised exchange?

A: Every exchange, including decentralised ones, has its own order book and fulfilled orders. Naturally, prices will vary between them, especially if the circulation of the token is lower.

Q: Why is market capitalisation different from other resources?

A: Tracking the market cap of each project is not a trivial task on XRPL, as we have to estimate how many tokens are in circulation, and how many are controlled by the team and considered locked. While it is not always possible to do it accurately, we have developed a set of internal rules to get the best approximation, hence the numbers can differ sometimes.