How much of the market is onchain?

A live view of known token value against three public market-size benchmarks, reflecting currently indexed assets and networks.

0.151%

$198.44B known onchain$131.12T referenced

Asset category

U.S. dollar

0.723%

$167.77B known onchain$23.22T benchmark

Dollar-denominated tokens compared with currency, deposits, and retail money-market balances in U.S. M2.

U.S. equities

0.033%

$25.51B known onchain$76.9T benchmark

Indexed stock tokens compared with the market capitalization of all companies listed in the United States.

Commodities

0.017%

$5.17B known onchain$31T benchmark

Gold tokens compared with all above-ground gold. Gold is the proxy because consumed commodities do not have a comparable market cap.

Inspect the data behind the index

The benchmark amounts above are fixed reference inputs, rather than live estimates of the underlying markets. Known token values can change as data refreshes and coverage expands.

Read dated coverage reports and download the tables · Market-data methodology