The sum USD value of the current supply. Also referred to as network value or market capitalization.
ID | Category | Subcategory | Type | Unit | Interval |
---|---|---|---|---|---|
CapMrktCurUSD | Market | Market Capitalization | Product | USD | 1 day |
It’s computed as SplyCur * PriceUSD
The price used is the daily close price
For XRP, amounts under escrow are included in current supply
Released in the 1.0 release of NDP
Informally called ‘market cap,’ our formulation differs in that we do consider all historically issued supply (see Supply, current) 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.