Launchpad participants deploy their capital into early-stage projects in return for an allocation of the project’s governance token.

Impossible Finance is a launchpad protocol built on BNB Chain, Arbitrum, Ethereum, and Moonriver. Impossible Finance was founded by Calvin Chu and was launched in 2021.

The Impossible Finance team own and govern the protocol. Impossible Finance’s investors include True Ventures, CMS Holdings, Hashed, etc.

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Infrastructure

Impossible Finance

# Impossible Finance Trading volume Methodology

## 1. Overview

Impossible Finance's trading volume metric measures the total capital raised through Initial Coin Offering (ICO) and launchpad activities on the platform. Rather than tracking traditional trading volume from exchanges, this metric captures the fundraising volume from investors participating in token launches facilitated by Impossible Finance's launchpad infrastructure. The metric aggregates daily capital inflows to verified launchpad contracts across multiple blockchain networks.

## 2. Data sources

The calculation relies on several key data sources:

- **Blockchain events**: Parsed `Transfer` events from BSC and Arbitrum token contracts, specifically tracking inbound transfers to launchpad addresses
- **Token transfer data**: BSC and Arbitrum token transfer records filtered by recipient address to identify launchpad participation
- **External data**: End-of-day price feeds for USD conversion of various tokens including IDIA, BUSD, USDT, and USDC
- **Project metadata**: Hardcoded registry of verified Impossible Finance launchpad contract addresses mapped to specific project names and campaigns

## 3. Step-by-step calculation

### Component A: Launchpad contract identification
- **Purpose**: Establishes the universe of verified Impossible Finance launchpad contracts
- **Logic**: Maintains a hardcoded registry of 92+ contract addresses across BSC and Arbitrum networks, each associated with specific project launches such as Openswap, Blocto, Highstreet, and many others. Each contract address represents a dedicated fundraising campaign for a particular project, with the registry serving as the authoritative source for identifying legitimate launchpad activities versus regular token transfers.
- **Key fields**: Contract addresses (`account_address`), project names (`account_name`), and blockchain networks (`chain`)

### Component B: Capital raising event detection
- **Purpose**: Identifies individual capital contributions from investors to launchpad campaigns
- **Logic**: Filters token transfer events where the recipient address matches a verified launchpad contract from the registry. Only includes transfers of specific tokens that serve as accepted payment methods - IDIA, BUSD, and USDT on BSC, plus IDIA, USDC, and USDT on Arbitrum. Each qualifying transfer represents an investor's contribution to a project's fundraising campaign, with the transfer amount indicating the capital raised.
- **Key fields**: Transfer amounts (`value`), token addresses (`token_address`), recipient addresses (`to_address`), and transaction metadata including timestamps and hashes

### Component C: Project mapping and categorization
- **Purpose**: Associates each capital raising event with its corresponding project and business metadata
- **Logic**: Joins the filtered transfer events with the launchpad contract registry to enrich each event with project-specific information. Applies consistent business categorization labeling all activities as 'Launchpad' business line, 'infrastructure' market sector, and 'other' business segment, with version tagged as 'v1' across all projects.
- **Key fields**: Project names (`account_name`), business categorization fields (`business_line`, `market_sector_id`, `business_segment_id`), and version identifiers

### Final aggregation
- **Combining components**: Sums all token transfer amounts for each project and day, treating each transfer as a contribution to that day's trading volume
- **Currency conversion**: Converts all token amounts to USD using end-of-day price feeds, with proper decimal adjustment for each token's precision (typically 18 decimals for most tokens)
- **Time aggregation**: Groups events by calendar day using timestamp truncation, creating daily totals for each project's capital raising activity
- **Final calculation**: The final trading volume represents the total USD value of capital raised through Impossible Finance launchpad contracts on each day, aggregated across all active projects and accepted payment tokens

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

Total value of spot trades executed on the exchange.

Impossible FinanceIDIA

Trading volume

Trading volume

Competitive landscape

Chain breakdown