Liquidity providers deposit funds into DFX and receive a share of trading fees (supply-side fees).

DFX is a decentralized foreign exchange protocol deployed on Polygon, Ethereum & Arbitrum. DFX was founded in 2021 by Kevin Zhang and Adrian Li.

DFX tokenholders own and govern the protocol. They currently take a cut of the total trading fees paid by traders (revenue).

governance

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etherscan

website

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DFX Finance

# DFX Finance Maximum token supply Methodology

## 1. Overview

The DFX maximum token supply metric represents the theoretical maximum number of DFX tokens that can ever exist according to the protocol's tokenomics design. This is a static configuration value that defines the upper limit of the total token supply, set at 100,000,000 tokens from the protocol's launch date of January 14, 2021. The metric answers the question "What is the maximum possible supply of DFX tokens?" and provides a constant reference point for calculating metrics like token circulation ratios and supply utilization.

## 2. Data sources

This metric relies on protocol-level configuration data rather than dynamic blockchain events:
- **Protocol tokenomics specification**: The maximum supply limit defined in the DFX protocol's tokenomics design
- **Token contract parameters**: Immutable maximum supply parameters set during the DFX token contract deployment
- **Protocol documentation**: Official documentation specifying the total token supply cap and launch timeline

## 3. Step-by-step calculation

### Component A: Maximum supply configuration
- **Purpose**: Define the fixed maximum token supply value and establish the reporting timeline
- **Logic**: Set the maximum token supply as a hardcoded value of 100,000,000 tokens, corresponding to the total supply cap defined in the DFX protocol's tokenomics. Establish January 14, 2021 as the reference timestamp when this maximum supply became effective, marking the protocol's token launch date. Configure the reporting granularity as daily to align with standard Token Terminal metric reporting intervals.
- **Key fields**: The `timestamp` field captures the launch date, `timestamp_grain` specifies daily reporting frequency, and `token_supply_maximum` contains the fixed value of 100,000,000 tokens

### Final aggregation
- **Combining components**: Since this is a single-component metric with a fixed value, no complex aggregation is required
- **Currency conversion**: Not applicable as this metric represents token count rather than monetary value
- **Time aggregation**: The metric uses a fill-forward strategy to propagate the maximum supply value across all daily time periods from the launch date onwards, ensuring consistent reporting
- **Final calculation**: The final metric value is the constant 100,000,000 tokens for every day from January 14, 2021 forward, representing the unchanging maximum theoretical supply of DFX tokens as defined by the protocol's tokenomics

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

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

DFX FinanceDFX

Maximum token supply

Maximum token supply

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