Users trade native Canton assets (e.g. Canton Coin, USDCx, CBTC) on Temple's spot exchange with live bid/ask pricing sourced from the Temple exchange API, bridge assets in and out of the Canton Network, and access programmable institutional liquidity pools (Vaults).

Temple is private and compliant financial market infrastructure for institutions built on the Canton Network. It provides compliant, privacy-focused spot trading, liquidity, and asset issuance for native Canton assets, alongside a bridge for moving assets in and out of the Canton Network and programmable institutional liquidity pools.

Institutions and institutional-grade financial market participants operating on the Canton Network.

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Exchanges (DEX)

Temple

# Temple Trading volume Methodology

## 1. Overview

Trading volume measures the total value of trades executed on the Temple decentralized spot exchange. Since users have to pay trading fees on their trades, this metric tends to correlate with the DEX project's ability to generate fees and revenue. Only settled trades are included to ensure data integrity and prevent the inclusion of incomplete transactions.

## 2. Data sources

- **Blockchain events**: Trade records from the Temple exchange scraper, covering Canton Network
- **External data**: End-of-day price feeds and asset metadata mapping quote assets to price feed identifiers

## 3. Step-by-step calculation

### Component A: Trade extraction and deduplication

- **Purpose**: Extract and clean raw trade records from the exchange scraper
- **Logic**: Raw trade records are filtered to include only settled transactions. Duplicate records for the same trade identifier are resolved by retaining only the most recently inserted record. The remaining unique, settled trades are aggregated daily by quote asset and trading pair to calculate the raw quote volume.
- **Key fields**: `trade_id`, `target_currency`, `target_volume`, `trade_timestamp`, `settled`

### Component B: Quote asset pricing

- **Purpose**: Determine the USD price for each quote asset
- **Logic**: Quote assets are mapped to external price feed identifiers using a seed mapping configuration. Daily prices are retrieved from end-of-day price feeds. For stable assets, a price of 1.0 USD is applied if price data is unavailable for the transaction date, while non-stable assets without price data are excluded to prevent mispricing.
- **Key fields**: `target_currency`, `coingecko_id`, `is_stable`, `price_usd`

### Component C: USD conversion and aggregation

- **Purpose**: Convert trade volumes to USD and aggregate at the product level
- **Logic**: Raw quote volumes are multiplied by the daily USD price of the respective quote asset. The resulting USD values are summed daily to calculate the total trading volume for the Temple product. Missing days in the final time series are filled with zero values to ensure a continuous daily record.
- **Key fields**: `volume_quote`, `price_usd`, `trading_volume`

*This methodology was automatically generated by Token Terminal's methodology analyzer.*

Total value of spot trades executed on the exchange.

Temple

Trading volume

Trading volume

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