About Token Ranking
What is Price and how is it calculated?
Price shows the current token value in USD and XRP equivalent. We calculate it from volume-weighted average across XRPL DEX and centralized exchanges (CEX) we track. If a token isn't listed on CEX, we show DEX price only. The 24h/7d % columns show price change percentage over the last 24 hours and 7 days.
What is Market Cap?
Market capitalization (Market Cap) is calculated as Price × Circulating Supply. It's used to measure a token's relative size and compare different tokens. Note: Accurately tracking market cap on XRPL requires estimating circulating supply vs. team-controlled tokens, which isn't always precise - our numbers may differ from other sources.
What are Holders and Traders?
Holders shows the total number of wallets holding non-zero balance of the token, indicating community size. Traders (7d) shows the 7-day moving average of unique wallets actively trading the token, indicating trading activity and liquidity.
What is trading volume?
We show two volume metrics: DEX Vol. (24h) is trading volume on XRPL DEX only over the last 24 hours. Vol. (24h) is total trading volume across both XRPL DEX and centralized exchanges over the last 24 hours. Higher volume generally indicates more liquidity and easier trading.
How can I verify if a token is legitimate and avoid scams?
ALWAYS verify the issuer r-address using an XRPL explorer (xrpscan.com, livenet.xrpl.org) and cross-reference with the project's official website and social media. Legitimate projects often have domain verification on XRPL, 'Require Auth' flag on issuer account, multi-signature setups, verified social accounts, and active community. Common scams include: fake tokens with similar names to legitimate projects, airdrop scams (worthless tokens sent to lure you to fake sites), rug pulls (project abandons after raising funds), pump and dump schemes, and impersonation of legitimate project websites/socials. Red flags: similar names to popular tokens, no official website/socials, guaranteed return promises, pressure to invest quickly, anonymous team with no track record. Protect yourself by: ALWAYS verifying issuer address on official channels, not trusting uninvited tokens in your wallet, researching team/roadmap/community before investing, being skeptical of guaranteed returns, and NEVER sharing your wallet secret/seed. XPMarket automatically indexes and shows all tokens on decentralized XRP Ledger - being shown does NOT mean endorsement. Always DYOR before investing.
Is XPMarket safe to use?
XPMarket is a data aggregator that tracks and displays token information. We do NOT hold custody of funds, execute trades, provide financial advice, or endorse specific tokens. When you trade, you interact directly with XRPL DEX via your wallet or connect to centralized exchanges independently - XPMarket only provides an interface to view data. We verify basic project information (website, social links) and filter tokens based on activity criteria for the 'Filtered' view, but being shown on XPMarket does NOT guarantee legitimacy. Always DYOR before investing. Crypto investments carry high risk - only invest what you can afford to lose.