Validators process transactions and receive fees from users (supply-side fees).

XPLA is a smart contract platform for decentralized applications (a blockchain). XPLA was founded by MetaMagnet Limited and launched in 2022.

XPLA holders own and govern the protocol. They currently do not take a cut of the total transaction fees paid by users (revenue).

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Blockchains (L1)

XPLA

# Token turnover (circulating) Methodology

## Overview

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

${token_trading_volume} / ${market_cap_circulating}

Average daily token trading volume divided by circulating market cap.

XPLAXPLA

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Token turnover (circulating)

Token turnover (circulating)

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