XDC Network

XDC Network is a Layer 1 blockchain built for enterprise use in international trade and finance. It aims to solve the problem of slow, expensive, and fragmented cross-border trade documentation and financing by providing a digital infrastructure that small and medium businesses, banks, and non-bank financial institutions can use to originate and distribute financial instruments. The network's TradeFinex platform is one application built on top of it for this purpose.

XDC Network uses XinFin Delegated Proof of Stake, known as XDPoS, in which token holders delegate their stake to Masternodes — validator nodes that must pass know-your-customer checks — to reach consensus and produce blocks. The network is designed to process up to 2,000 transactions per second with a two-second transaction time, and it supports smart contracts. XDC, the native coin, is used to pay for transaction fees and to participate in the staking and delegation process that secures the network.

The network collected 42.95 USD in fees over the most recent 24-hour period, 154.12 USD over the trailing 7 days, and 641.64 USD over the trailing 30 days, annualizing to approximately 7,806.62 USD based on that 30-day window. Revenue recorded for both the trailing 30 days and the trailing 12 months stands at 0.00 USD, meaning the protocol retains nothing from those fees as protocol-level revenue by the definition used here. Fee growth over the last 30 days was 141.02 percent, indicating the fee base expanded from a very small starting point. Because the fee and revenue figures are extremely small relative to the network's market capitalization of approximately 676 million USD, the market-cap-to-fees ratio of 85,585 and the annualized fee yield of 0.001168 percent reflect a network whose on-chain economic activity is minimal compared with its circulating value.