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 (fully diluted) Methodology

## Overview

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

${token_trading_volume} / ${market_cap_fully_diluted}

Average daily token trading volume divided by fully diluted market cap.

OrcfaxFACT

Token turnover (fully diluted)

Token turnover (fully diluted)

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