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Market Cap (USD)

Definition

The sum USD value of the current supply. Also referred to as network value or market capitalization.
Name
MetricID
Category
Subcategory
Type
Unit
Interval
Market Cap (USD)
CapMrktCurUSD
Market
Market Capitalization
Product
USD
1 day

Details

  • Computed as SplyCur * PriceUSD
  • The price used is the daily close price

Asset-Specific Details

  • For XRP, amounts under escrow are included in current supply

Release History

  • Released in the 1.0 release of NDP

Interpretation

Informally called ‘market cap,’ our formulation differs in that we do consider all historically issued supply and does not exclude illiquid supply held in escrow or foundation accounts. In this respect, our formulation of this metric diverges from other sources who discount coins held in escrow or treasuries.

Availability for Assets