Validator nodes publish price observations as on-chain UTxOs called Fact Statements; consumers reference them in smart contracts. Usage is paid in FACT tokens.

Orcfax is a decentralized oracle service for Cardano providing real-world price data feeds via on-chain Fact Statements.

Orcfax is operated by a decentralized network of validator nodes.

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Orcfax

# 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.

OrcfaxFACT

Token turnover (circulating)

Token turnover (circulating)

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