Immutable operates a full-stack infrastructure platform for web3 gaming that includes blockchains, namely Immutable zkEVM and Immutable X, and other products, such as Passport and Orderbook. Creators & users sell NFTs on Immutable. They receive royalties from secondary sales (supply-side fees).

Immutable is a platform for building web3 games. Immutable was founded by James Ferguson, Robbie Ferguson, Alex Connolly, and launched in 2018. This dashboard includes data from Immutable Orderbook, Immutable zkEVM, and Immutable X.

IMX holders own and govern the protocol. They currently take a cut of the total trading fees paid by NFT buyers on Immutable Orderbook and the total transaction fees paid by transaction senders on Immutable zkEVM (revenue). Immutable's investors include ParaFi Capital, GameStop Digital Ventures, Fabric Ventures, etc.

governance

github

twitter

discord

etherscan

website

Blockchains (L2)

Immutable

# Immutable Token trading volume Methodology

## 1. Overview

Token trading volume measures the total value of the Immutable native asset traded across centralized and decentralized spot exchanges. This metric is used to assess the liquidity of the asset and reflect the overall market demand from buyers and sellers over time. The volume is calculated on a daily basis and provides a historical trend of market activity for Immutable.

## 2. Data sources

- **External data**: End-of-day market data feeds and asset metadata

## 3. Step-by-step calculation

### Component A: Market data mapping

- **Purpose**: Map the project to its corresponding market data identifier
- **Logic**: Asset metadata is utilized to identify the specific market record associated with Immutable. This mapping ensures that trading volume data is accurately retrieved for the correct native asset from the aggregate market dataset.
- **Key fields**: `coingecko_id` (asset identification)

### Component B: Trading volume extraction

- **Purpose**: Retrieve daily trading activity values
- **Logic**: Total trading volume is extracted from daily market data records. This value represents the aggregate 24-hour trading activity for the asset across all tracked exchange venues.
- **Key fields**: `total_volume` (trading activity)

### Component C: Normalization and gap-filling

- **Purpose**: Ensure data consistency and continuity across the time series
- **Logic**: Extracted volume values are cast to a standardized decimal format. The data is grouped by daily timestamps to ensure a single value per day. A zero-filling strategy is applied to the time series, where any dates missing reported trading activity are populated with a value of zero to maintain a continuous historical record.
- **Key fields**: `timestamp` (daily grain), `token_trading_volume` (normalized volume)

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

Total trading volume of the project's native token across spot venues.

ImmutableIMX

Token trading volume

Token trading volume

Competitive landscape