# XDC Network Staking market cap Methodology

## 1. Overview

Staking market cap is defined as the total value of native assets currently staked on the XDC Network. The aggregate capital locked by validators to secure the consensus mechanism of the network is reflected by this metric. The economic security and capital commitment of the network are quantified by tracking the total balance of active validators.

## 2. Data sources

- **Blockchain events**: Validator balance state records from the XDC Network, covering XDC Network
- **External data**: End-of-day price feeds for the native asset

## 3. Step-by-step calculation

### Component A: Validator balance extraction

- **Purpose**: Extract and clean the balances of active validators on the network
- **Logic**: Validator balances are extracted from state records. The zero address is explicitly filtered out to prevent the inclusion of inactive or removed validator slots. Balances are normalized by the asset's decimal precision to represent the true native asset amount staked per validator.
- **Key fields**: `validator` (validator address), `validator_balance` (raw balance), `timestamp` (block timestamp)

### Component B: Staking market cap aggregation

- **Purpose**: Aggregate the total staked amount across all active validators
- **Logic**: The normalized balances of all valid, non-zero address validators are summed for each daily interval to calculate the total native staked amount.
- **Key fields**: `amount` (normalized validator balance), `timestamp` (daily interval)

### Component C: USD conversion and finalization

- **Purpose**: Convert the aggregated staked native asset value into USD
- **Logic**: The native asset's wrapped address is utilized to map the staked asset to its corresponding price feed. The aggregated native staked amount is then multiplied by the end-of-day price feed for the native asset. Missing daily values are filled with zeros to ensure a continuous time series, and the final dataset is filtered based on chain availability.
- **Key fields**: `staking_market_cap` (aggregated staked amount), `price_usd` (end-of-day asset price)

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

Value of native tokens currently staked to secure a proof-of-stake network.

Staking market cap

XDC Network XDC

Staking market cap

Staking market cap

Competitive landscape