Overview
Plasma(XPL)
Token Price$0.049-7.87%over 24h
All Time HighSep 27, 2025$1.68
All Time LowNov 12, 2026$0.048
Key Metrics
Market Cap$230.95m
Fully Diluted Valuation$485.08m
Circ. Supply4.761b XPL
Outstanding FDV$485.08m
Volume 24h$103.64m
CEX$93.97m
Spot$19.92m
USD Perp$74.05m
COIN Perp$0
DEX$9.67m
Spot$204,558
USD Perp$9.47m
COIN Perp$0
Open Interest$84.16m
CEX$63.04m
USD Perp$63.04m
COIN Perp—
DEX$21.12m
USD Perp$21.12m
COIN Perp—
Total Raised$77.5m
Funding Round · Oct 18, 2024$3.5m
Feb 13, 2025$24m
Public token sale · Jul 17, 2025$50m
Token information
Income statement for XPL
Include incomes from Plasma Chain
| Q4 2026* | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|
Gross Protocol Revenue | $8.94K | $37.96K | $7.03K | $23.11K | $148.92K | $46.25K |
| Transaction Gas Fees | $8.94K | $37.96K | $7.03K | $23.11K | $148.92K | $46.25K |
Cost of Revenue | $0 | $0 | $0 | $0 | $0 | $0 |
Gross Profit | $8.94K | $37.96K | $7.03K | $23.11K | $148.92K | $46.25K |
| Transaction Gas Fees | $8.94K | $37.96K | $7.03K | $23.11K | $148.92K | $46.25K |
Earnings | $8.94K | $37.96K | $7.03K | $23.11K | $148.92K | $46.25K |
Token Holder Net Income | $8.94K | $37.96K | $7.03K | $23.11K | $148.92K | $46.25K |
| Transaction Gas Fees | $8.94K | $37.96K | $7.03K | $23.11K | $148.92K | $46.25K |
Risks
How much debt can be issued against XPL as collateral across lending protocols.
Maximum possible exposure to XPL
$14,989
$11,620 (max additional borrows against XPL) + $3,369 (bad debt if XPL was hacked now)
Fluid
$14,989 at-risk exposure = $3,369 bad debt if hacked + $11,620 additional borrowable against XPL
Methodology and limitations
Showing collateral exposure for XPL on Plasma. Max Borrowable uses the backend's liquidity-bounded borrow-capacity metric (`collateralMaxBorrowUsdLiquidity`) for the maximum additional USD debt that can be issued against the asset right now. Bad Debt at $0 is the minimum known bad debt if the collateral asset price goes to zero; null rows are excluded from this total rather than treated as zero, so totals may remain lower bounds.
- These metrics describe lending exposure only and are not a full protocol risk rating.
- This view does not include multisigs, timelocks, audits, oracle incidents, listing discussions, curator reports, or protocol backstops.
- Chain-specific drilldown is exact only when the token resolves to a concrete chain:address.
Show exposure details
Each row is one protocol-chain exposure for XPL as collateral. Bad debt at $0 totals remain lower bounds when a row is marked partial.
Markets
Token rights and value accrual
Plasma
XPLSupply is elastic. Validator-reward inflation begins at 5% annually, tapering 0.5% per year to a 3% baseline, but only activates once external validators and delegation go live (not yet active). The EIP-1559 base-fee burn offsets emissions. Net direction depends on usage and is inflationary by design once rewards activate.
Token Usage
Token usage needs a subscription
Unlocks
Token unlocks need a subscription
Yields
Tracking 1 pool
Borrow
Tracking 3 routes