# xExchange

> Track xExchange's fees, revenue, trading volume and market cap with daily on-chain data. Compare xExchange with other exchanges (DEX). Updated daily.

Source: [xExchange on Token Terminal](https://tokenterminal.com/explorer/projects/maiar). This page has no metric values. For current values, use the [Token Terminal API](https://tokenterminal.com/docs/api-reference/introduction) or the [MCP server](https://tokenterminal.com/docs/mcp/introduction).

- Token: MEX
- Sectors: Exchanges (DEX)
- Chains: elrond

## About

### What it is

xExchange is an a non-custodial exchange protocol built on the MultiversX network. xExchange was launched in November 2021.

### Who uses it

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

### How it works

Liquidity providers deposit funds into xExchange and receive trading fees from traders (supply-side fees).

## Metrics

Token Terminal tracks these metrics for xExchange daily. Each page has a chart with the full history.

- [Price](https://tokenterminal.com/explorer/projects/maiar/metrics/price)
- [Fully diluted market cap](https://tokenterminal.com/explorer/projects/maiar/metrics/market-cap-fully-diluted)
- [Circulating market cap](https://tokenterminal.com/explorer/projects/maiar/metrics/market-cap-circulating)
- [Token trading volume](https://tokenterminal.com/explorer/projects/maiar/metrics/token-trading-volume)
- [Token turnover (fully diluted)](https://tokenterminal.com/explorer/projects/maiar/metrics/token-turnover-fully-diluted)
- [Token turnover (circulating)](https://tokenterminal.com/explorer/projects/maiar/metrics/token-turnover-circulating)
- [Circulating supply](https://tokenterminal.com/explorer/projects/maiar/metrics/token-supply-circulating)
- [Trading volume](https://tokenterminal.com/explorer/projects/maiar/metrics/trading-volume)
- [Fees](https://tokenterminal.com/explorer/projects/maiar/metrics/fees)
- [Supply-side fees](https://tokenterminal.com/explorer/projects/maiar/metrics/fees-supply-side)
- [Revenue](https://tokenterminal.com/explorer/projects/maiar/metrics/revenue)
- [P/F ratio (fully diluted)](https://tokenterminal.com/explorer/projects/maiar/metrics/pf-fully-diluted)
- [P/F ratio (circulating)](https://tokenterminal.com/explorer/projects/maiar/metrics/pf-circulating)
- [P/S ratio (fully diluted)](https://tokenterminal.com/explorer/projects/maiar/metrics/ps-fully-diluted)
- [P/S ratio (circulating)](https://tokenterminal.com/explorer/projects/maiar/metrics/ps-circulating)
- [Take rate](https://tokenterminal.com/explorer/projects/maiar/metrics/take-rate)

## Links

- [governance](https://xexchange.com/governance)
- [twitter](https://twitter.com/xExchangeApp)
- [etherscan](https://explorer.multiversx.com/tokens/MEX-455c57)
- [website](https://xexchange.com/)