Collators aggregate parachain transactions block candidates and producing state transition proofs for validators based on those blocks.

Energy Web X is energy blockchain ecosystem powered by Polkadot Relay chain.

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Energy Web X

# P/F ratio (circulating) Methodology

## Overview

P/F ratio (circulating) measures the circulating market cap relative to annualized fees. It shows how highly the project is valued relative to the activity users are willing to pay for, regardless of whether the project monetizes.

${market_cap_circulating} / (rolling_avg(${fees}, 30) * 365)

Circulating market cap relative to annualized fees.

Energy Web XEWT

P/F ratio (circulating)

P/F ratio (circulating)

Competitive landscape