Overview

Logo of Plasma

Plasma(XPL)

Token Price$0.079-2.86%over 24h

All Time HighSep 27, 2025$1.68

All Time LowJun 10, 2026$0.06

Key Metrics

Market Cap$358.36m

Fully Diluted Valuation$790.51m

Circ. Supply4.533b XPL

Outstanding FDV$790.33m

Volume 24h$152.78m
CEX$135.99m

Spot$27.53m

USD Perp$108.46m

COIN Perp$0

DEX$16.79m

Spot$338,002

USD Perp$16.45m

COIN Perp$0

Open Interest$137.11m
CEX$100.92m

USD Perp$100.92m

COIN PerpN/A

DEX$36.2m

USD Perp$36.2m

COIN PerpN/A

Total Raised$77.5m

Funding Round · Oct 18, 2024$3.5m

Feb 13, 2025$24m

Public token sale · Jul 17, 2025$50m

Token information

Category:Chain Tokens
Issued by:Plasma
Chain:Plasma

Income statement for XPL

Include incomes from Plasma Chain

Q4 2026*Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025
Gross Protocol Revenue
$5.16K$37.96K$7.03K$23.11K$148.92K$46.25K
Transaction Gas Fees$5.16K$37.96K$7.03K$23.11K$148.92K$46.25K
Cost of Revenue
$0$0$0$0$0$0
Gross Profit
$5.16K$37.96K$7.03K$23.11K$148.92K$46.25K
Transaction Gas Fees$5.16K$37.96K$7.03K$23.11K$148.92K$46.25K
Earnings
$5.16K$37.96K$7.03K$23.11K$148.92K$46.25K
Token Holder Net Income
$5.16K$37.96K$7.03K$23.11K$148.92K$46.25K
Transaction Gas Fees$5.16K$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

$107,141

$101,833 (max additional borrows against XPL) + $5,308 (bad debt if XPL was hacked now)

Logo of Fluid

Fluid

$107,141 at-risk exposure = $5,308 bad debt if hacked + $101,833 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.

Loading exposure details...

Markets

Loading XPL markets...

Token rights and value accrual

Updated Jun 26, 2026
Token rights summaryTreasury: negative; Revenue: negative; Burns: positive; Equity: negative; Value Accrual: negative; Governance: negativeTreasuryRevenueBurnsEquityValueAccrualGovernance
Utility
StakingGas

Plasma

XPL
Primary Value Accrual
Deflationary supply reduction

Supply 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.

Governance
N/A
Treasury
N/A
Revenue
N/A
Fee Switch
Off
Buybacks
None
Dividends
None
Burns
Active
Equity Rev. Capture
Unknown
Fundraising
Token Sale, Equity

Token Usage

Token usage needs a subscription

Unlocks

Token unlocks need a subscription

Yields

Tracking 1 pool

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Borrow

Tracking 4 routes

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