Introduction

Token Terminal is a platform that aggregates financial and alternative data on blockchains and decentralized applications that run on blockchains.

We believe that both blockchains and decentralized applications are conceptually similar to traditional marketplace businesses.

Let's consider a decentralized exchange (DEX) as an example: The DEX connects supply-side service providers (liquidity providers) with demand-side users (traders), and charges a percentage of the fees (trading fees) as its rake (revenue). It is an Internet-native business that is owned and operated by its tokenholders, similar to how a traditional company is owned and operated by its shareholders.

On Token Terminal, we measure and evaluate the performance of blockchains and decentralized applications using traditional financial key performance indicators. Our hope is to correct the misunderstanding, where applicable, that crypto is all about currencies.

An increasing number of projects in crypto can be valued based on fundamental metrics, such as revenue and earnings. In this documentation, you’ll find everything you need to know about our data, metrics, API, and pricing.

Disclaimer: Token Terminal will strive to ensure accuracy of information and/or data listed on its platform although it will not hold any responsibility for any missing or wrong information. Token Terminal provides all information as is. You understand that you are using any and all information available here at your own risk.

The authors of this content, or members, affiliates, or stakeholders of Token Terminal may be participating or are invested in protocols or tokens mentioned herein. The foregoing statement acts as a disclosure of potential conflicts of interest and is not a recommendation to purchase or invest in any token or participate in any protocol. Token Terminal does not recommend any particular course of action in relation to any token or protocol.

The content herein is meant purely for educational and informational purposes only, and should not be relied upon as financial, investment, legal, tax or any other professional or other advice. None of the content and information herein is presented to induce or to attempt to induce any reader or other person to buy, sell or hold any token or participate in any protocol or enter into, or offer to enter into, any agreement for or with a view to buying or selling any token or participating in any protocol. Statements made herein (including statements of opinion, if any) are wholly generic and not tailored to take into account the personal needs and unique circumstances of any reader or any other person. Readers are strongly urged to exercise caution and have regard to their own personal needs and circumstances before making any decision to buy or sell any token or participate in any protocol. Observations and views expressed herein may be changed by Token Terminal at any time without notice. Token Terminal accepts no liability whatsoever for any losses or liabilities arising from the use of or reliance on any of this content.

Read more about our disclosures under Terms.