Hop allows users to send tokens from one rollup to another almost immediately without having to wait for the rollup’s challenge period. Liquidity providers deposit funds into Hop AMM pools and receive trading fees from traders (supply-side fees).

Hop is a scalable rollup-to-rollup general token bridge. Hop was co-founded by Christopher Whinfrey and launched in 2021.

HOP tokenholders own and govern the protocol. They currently take a cut of the total transfer fees paid by users (revenue). Hop’s investors include 1confirmation, Infinite Capital, etc.

governance

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Hop Protocol

# Hop Protocol Maximum token supply Methodology

## 1. Overview

The Hop token supply maximum metric represents the total maximum number of HOP tokens that can ever exist according to the protocol's tokenomics design. This is a fundamental protocol parameter that defines the upper limit of token supply, set at exactly 1 billion tokens. The metric provides a static reference value that remains constant over time, serving as a baseline for calculating supply utilization ratios and understanding the protocol's monetary policy.

## 2. Data sources

This metric is derived from protocol governance and tokenomics specifications rather than live blockchain data:
- **Protocol tokenomics**: The maximum token supply limit as defined in Hop protocol's economic design and governance documentation
- **Token launch parameters**: The official launch date and initial token supply specifications
- **Governance parameters**: Protocol-defined constants that establish the monetary policy framework

## 3. Step-by-step calculation

### Component A: Maximum supply definition
- **Purpose**: Define the absolute maximum number of HOP tokens that can exist
- **Logic**: Set a hardcoded value of exactly 1,000,000,000 tokens based on the protocol's tokenomics design. This represents the total cap on token supply as established by the protocol's governance and economic model
- **Key fields**: `token_supply_maximum` set to 1 billion tokens, `timestamp` anchored to the token launch date of June 9, 2022

### Component B: Time series standardization  
- **Purpose**: Convert the static maximum supply value into a standardized time series format
- **Logic**: Apply the finalize metric macro to create a consistent daily time series structure. The macro implements a fill-forward strategy that propagates the maximum supply value from the launch date through all subsequent dates
- **Key fields**: `timestamp_grain` set to 'day' for daily granularity, `data_id` set to 'hop' for protocol identification

### Final aggregation
- **Combining components**: No aggregation is required since this is a single static value representing the protocol's maximum token supply
- **Currency conversion**: Not applicable as this metric represents token count, not monetary value
- **Time aggregation**: The fill-forward strategy ensures the maximum supply value of 1 billion tokens is available for every day from June 9, 2022 onwards
- **Final calculation**: The final metric value is always exactly 1,000,000,000 tokens, representing the immutable maximum supply limit defined in Hop 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.

Hop ProtocolHOP

Maximum token supply

Maximum token supply

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