Trades are conducted between a signer and a sender & AirSwap takes a fee (revenue) which is assessed on the signer amount.

AirSwap is a non-custodial exchange built on multiple chains that allows direct peer-to-peer trading. AirSwap was co-founded by Don Mosites & Michael Oved and launched in 2017.

AST tokenholders own and govern the protocol. Revenue is currently distributed to a contributor tips pool and a voter rewards pool according to a set split. AirSwap DAO has not raised funds and the company that originally launched AirSwap is no longer operating.

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AirSwap

# AirSwap Maximum token supply Methodology

## 1. Overview

The AirSwap maximum token supply metric represents the predetermined maximum number of AST (AirSwap Token) tokens that can ever exist. This is a static metric based on the project's tokenomics design, providing a constant value of 500,000,000 tokens from the project's launch date forward. This metric answers the fundamental question of AirSwap's token supply cap and is essential for calculating metrics like market capitalization ratios and token distribution percentages.

## 2. Data sources

This metric relies on static project specifications rather than dynamic blockchain data:
- **Project tokenomics documentation**: Official AirSwap token economics specifications defining the maximum supply limit
- **Token contract parameters**: Smart contract specifications that define the total supply cap
- **Launch date records**: Official project launch date documentation establishing when the token became active

## 3. Step-by-step calculation

### Static supply definition
- **Purpose**: Establishes the fixed maximum token supply for AirSwap
- **Logic**: The calculation uses predetermined values from AirSwap's token economics design. The maximum supply is set to exactly 500,000,000 tokens, representing the total number of AST tokens that can ever be created or minted. The launch timestamp is established as October 10, 2017 at 00:00:00 UTC, marking when the AirSwap token became active
- **Key fields**: The `token_supply_maximum` field contains the static value of 500,000,000, while the `timestamp` field marks the project launch date

### Temporal formatting and standardization
- **Purpose**: Ensures consistent time-series formatting and data continuity
- **Logic**: The metric applies daily timestamp granularity to create a time-series dataset. A fill-forward strategy is implemented to ensure the maximum supply value is available for every day from the launch date through the present, maintaining data consistency across the platform's reporting timeframes
- **Key fields**: The `timestamp_grain` field specifies daily aggregation, and the standardization process adds metadata fields required for platform integration

### Final aggregation
- **Combining components**: Since this is a static metric, no combining of different data sources is required
- **Currency conversion**: Not applicable as this metric measures token units, not monetary values
- **Time aggregation**: The metric uses daily boundaries, with the same maximum supply value repeated for each day from launch date forward
- **Final calculation**: The final metric value is simply the static maximum supply of 500,000,000 tokens, available as a daily time-series from October 10, 2017 onward

*This methodology was automatically generated by Token Terminal's methodology analyzer.*

Maximum number of tokens that can exist under the current token economics.

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