Mode Network batches users' transactions and submits them to Ethereum, paying a share of the transaction fees to Ethereum validators (expense).

Mode Network is an L2 smart contract platform for decentralized applications on Ethereum. Mode Network was founded by James Ross and launched in 2024.

Mode Network team & investors own and govern the protocol. Mode Network has received a $6 million grant from the Optimism Foundation.

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Blockchains (L2)

Mode Network

# Token turnover (circulating) Methodology

## Overview

Token turnover (circulating) measures how frequently a project's token changes hands relative to its circulating market cap. It is calculated as the average daily token trading volume divided by the circulating market cap, indicating liquidity and trading activity relative to the token's circulating valuation.

${token_trading_volume} / ${market_cap_circulating}

Average daily token trading volume divided by circulating market cap.

Mode NetworkMODE

Token turnover (circulating)

Token turnover (circulating)

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