Creators & users sell NFTs on XOXNO. They receive royalties from secondary sales (supply-side fees).

XOXNO is a non-custodial NFT marketplace protocol built on MultiversX. XOXNO was founded by Mihai Eremia and launched in 2021.

XOXNO team owns and governs the protocol. They currently take a cut of the total transaction fees paid by buyers (revenue).

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NFT marketplaces

XOXNO

# XOXNO Trading volume Methodology

## 1. Overview

XOXNO trading volume measures the total USD value of NFT trades executed on the XOXNO marketplace on the Elrond (MultiversX) blockchain. This metric captures marketplace-level trading activity by consuming pre-aggregated daily volume data from XOXNO's marketplace systems. The calculation aggregates all NFT trades processed through the XOXNO platform and presents them as daily trading volumes in USD.

## 2. Data sources

The calculation relies on the following data sources:
- **XOXNO marketplace data**: Pre-aggregated daily trading volume data scraped from the XOXNO NFT marketplace platform
- **External marketplace feeds**: Daily volume and fee data collected from XOXNO's marketplace systems
- **USD volume data**: Trading volumes already converted to USD at the marketplace level

## 3. Step-by-step calculation

### Component A: Raw volume extraction
- **Purpose**: Extract daily trading volume data from XOXNO marketplace systems
- **Logic**: The system accesses pre-aggregated marketplace data that contains daily trading volumes already converted to USD. This data represents the total value of all NFT transactions processed through the XOXNO marketplace platform on a given day. The source data is filtered using DISTINCT to ensure no duplicate daily records exist for the same timestamp.
- **Key fields**: `timestamp` for the trading day, `total_volume_usd` containing the aggregate USD trading volume for that day

### Component B: Business categorization and standardization
- **Purpose**: Apply standard business classification and prepare data for API consumption
- **Logic**: The raw volume data is enhanced with standardized business metadata. Each record is categorized as 'NFT marketplace' business line, 'nfts' market sector, and 'marketplace' business segment. The system sets the blockchain as 'elrond' (MultiversX) and marketplace version as 'v1'. All records use 'day' as the timestamp grain to indicate daily aggregation.
- **Key fields**: `business_line`, `market_sector_id`, `business_segment_id` for categorization, `chain` for blockchain identification, `version` for marketplace version tracking, `amount` containing the trading volume value

### Final aggregation
- **Combining components**: The standardized volume data flows directly from the categorization step without additional joining or combining of separate data sources
- **Currency conversion**: No currency conversion is performed as the source data already contains volumes in USD
- **Time aggregation**: Data is already aggregated at the daily level from the source system, with each record representing one day's total trading volume
- **Final calculation**: The final trading volume metric equals the `total_volume_usd` value from the XOXNO marketplace data, cast to high-precision numeric format and enhanced with business metadata. The finalize_metric_trading_volume macro applies standard API formatting and the system applies chain availability filtering to ensure only supported chains are included in the output.

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

Total value of spot trades executed on the exchange.

XOXNOXOXNO

Trading volume

Trading volume

Competitive landscape