How it works?

Price Calculation Mechanism

Our token price tracker for the Internet Computer network utilizes direct interactions with decentralized exchange (DEX) applications native to the Internet Computer platform. By querying pool canisters directly, we ensure real-time, accurate tracking of token metrics within the ecosystem.

Process Overview:

Direct Query to DEX Canisters: Regularly querying pool canisters on native Internet Computer DEX apps to obtain the latest market data for each token. Data Integrity: All retrieved data undergoes cleaning and verification steps to ensure accuracy and reliability.

Price Estimation: Estimating the price of each token by analyzing data from the pool canisters. Volume Calculation: Determining trading volume by summing transaction volumes across all queried pools over a specified period.

Data Filtering: Excluding data points that do not reflect free market conditions or significantly deviate from the norm to ensure accurate representation of prices and volumes.

This methodology ensures that the prices and volumes of tokens on the Internet computer network are reflective of real market conditions, providing users with reliable and up-to-date information.

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Last updated 22 days ago

Our token price tracker for the Internet Computer network utilizes direct interactions with decentralized exchange (DEX) applications native to the Internet Computer platform. By querying pool canisters directly, we ensure real-time, accurate tracking of token metrics within the ecosystem.

Process Overview:

Direct Query to DEX Canisters: Regularly querying pool canisters on native Internet Computer DEX apps to obtain the latest market data for each token. Data Integrity: All retrieved data undergoes cleaning and verification steps to ensure accuracy and reliability.

Price Estimation: Estimating the price of each token by analyzing data from the pool canisters. Volume Calculation: Determining trading volume by summing transaction volumes across all queried pools over a specified period.

Data Filtering: Excluding data points that do not reflect free market conditions or significantly deviate from the norm to ensure accurate representation of prices and volumes.

This methodology ensures that the prices and volumes of tokens on the Internet computer network are reflective of real market conditions, providing users with reliable and up-to-date information.

ICPTokens.net provides a comprehensive token tracking solution for the Internet Computer ecosystem, ensuring that all data is reliable, accurate, and reflective of true market conditions. By directly interfacing with DEX pool canisters, we deliver real-time insights into token prices, trading volumes, and liquidity flows. This meticulous approach to data filtering and verification offers users an efficient and dependable platform for monitoring and analyzing token metrics across the Internet Computer network. With ICPTokens.net, users can confidently make informed decisions based on the most up-to-date information available. Made with love for ICP Community.