Token Terminal is a platform that aggregates financial data on the leading blockchains and decentralized applications (dapps).
We believe that both blockchains and decentralized applications (blockchain-based applications) are conceptually similar to traditional marketplace companies. They’re Internet-native businesses whose services generate revenue that’s split between the projects’ supply-side participants (liquidity providers or miners) and owners (tokenholders). These businesses are owned and operated by their tokenholders, similar to how companies are owned and operated by their shareholders.
This is why we want to measure and evaluate blockchains and dapps through financial key performance indicators (KPI) and correct the misunderstanding – where applicable – of crypto being all about currencies. An increasing amount of blockchains and dapps can be valued by measuring their usage and cashflows.
Our aim is to provide access to standardized metrics that enable users to easily quantify and compare the performance of different blockchains and decentralized applications.