# XRP Ledger

> Track XRP Ledger's fees, revenue, TVL and active users with daily on-chain data. Compare XRP Ledger with other blockchains (L1). Updated daily.

Source: [XRP Ledger on Token Terminal](https://tokenterminal.com/explorer/projects/ripple). 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: XRP
- Sectors: Blockchains (L1)
- Chains: ripple

## About

### What it is

Ripple is the leading provider of crypto-enabled solutions for businesses. Ripple was founded by Chris Larsen and Jed McCaleb and launched in 2012 (previously OpenCoin).

### Who uses it

XRP tokenholders own and govern Ripple's consensus ledger 'XRP Ledger' (XRPL). Ripple's investors include a16z, Pantera Capital, Route 66 Ventures, etc.

### How it works

Through the use of blockchain and modern APIs, Ripple enables financial institutions who are part of the network, RippleNet, to send money globally, instantly, reliably and for fractions of a penny. RippleNet is built on top of Ripple’s consensus ledger, XRP Ledger (XRPL).

## Metrics

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

- [Price](https://tokenterminal.com/explorer/projects/ripple/metrics/price)
- [Fully diluted market cap](https://tokenterminal.com/explorer/projects/ripple/metrics/market-cap-fully-diluted)
- [Circulating market cap](https://tokenterminal.com/explorer/projects/ripple/metrics/market-cap-circulating)
- [Token trading volume](https://tokenterminal.com/explorer/projects/ripple/metrics/token-trading-volume)
- [Token turnover (fully diluted)](https://tokenterminal.com/explorer/projects/ripple/metrics/token-turnover-fully-diluted)
- [Token turnover (circulating)](https://tokenterminal.com/explorer/projects/ripple/metrics/token-turnover-circulating)
- [Circulating supply](https://tokenterminal.com/explorer/projects/ripple/metrics/token-supply-circulating)
- [Maximum token supply](https://tokenterminal.com/explorer/projects/ripple/metrics/token-supply-maximum)
- [Total value locked](https://tokenterminal.com/explorer/projects/ripple/metrics/tvl)
- [Trading volume](https://tokenterminal.com/explorer/projects/ripple/metrics/trading-volume)
- [Fees](https://tokenterminal.com/explorer/projects/ripple/metrics/fees)
- [Supply-side fees](https://tokenterminal.com/explorer/projects/ripple/metrics/fees-supply-side)
- [Revenue](https://tokenterminal.com/explorer/projects/ripple/metrics/revenue)
- [Expenses](https://tokenterminal.com/explorer/projects/ripple/metrics/expenses)
- [Token incentives](https://tokenterminal.com/explorer/projects/ripple/metrics/token-incentives)
- [Earnings](https://tokenterminal.com/explorer/projects/ripple/metrics/earnings)
- [P/F ratio (fully diluted)](https://tokenterminal.com/explorer/projects/ripple/metrics/pf-fully-diluted)
- [P/F ratio (circulating)](https://tokenterminal.com/explorer/projects/ripple/metrics/pf-circulating)
- [P/S ratio (fully diluted)](https://tokenterminal.com/explorer/projects/ripple/metrics/ps-fully-diluted)
- [P/S ratio (circulating)](https://tokenterminal.com/explorer/projects/ripple/metrics/ps-circulating)
- [Active users (daily)](https://tokenterminal.com/explorer/projects/ripple/metrics/user-dau)
- [Active users (weekly)](https://tokenterminal.com/explorer/projects/ripple/metrics/user-wau)
- [Active users (monthly)](https://tokenterminal.com/explorer/projects/ripple/metrics/user-mau)
- [Active addresses (daily)](https://tokenterminal.com/explorer/projects/ripple/metrics/active-addresses-daily)
- [Active addresses (weekly)](https://tokenterminal.com/explorer/projects/ripple/metrics/active-addresses-weekly)
- [Active addresses (monthly)](https://tokenterminal.com/explorer/projects/ripple/metrics/active-addresses-monthly)
- [Core developers](https://tokenterminal.com/explorer/projects/ripple/metrics/active-developers)
- [Code commits](https://tokenterminal.com/explorer/projects/ripple/metrics/code-commits)
- [Trade count](https://tokenterminal.com/explorer/projects/ripple/metrics/trade-count)
- [Transaction count](https://tokenterminal.com/explorer/projects/ripple/metrics/transaction-count)
- [Transactions per second](https://tokenterminal.com/explorer/projects/ripple/metrics/transactions-per-second)
- [Average transaction fee](https://tokenterminal.com/explorer/projects/ripple/metrics/transaction-fee-average)
- [Median transaction fee](https://tokenterminal.com/explorer/projects/ripple/metrics/transaction-fee-median)
- [Average fees per user (AFPU)](https://tokenterminal.com/explorer/projects/ripple/metrics/afpu)
- [Average revenue per user (ARPU)](https://tokenterminal.com/explorer/projects/ripple/metrics/arpu)
- [Block time](https://tokenterminal.com/explorer/projects/ripple/metrics/block-time)
- [GDP](https://tokenterminal.com/explorer/projects/ripple/metrics/gdp)
- [Ecosystem total value locked](https://tokenterminal.com/explorer/projects/ripple/metrics/ecosystem-tvl)
- [Ecosystem stablecoin supply](https://tokenterminal.com/explorer/projects/ripple/metrics/ecosystem-stablecoin-supply)
- [Take rate](https://tokenterminal.com/explorer/projects/ripple/metrics/take-rate)

## Links

- [github](https://github.com/XRPLF)
- [github](https://github.com/ripple)
- [twitter](https://twitter.com/Ripple)
- [website](https://ripple.com/)