Metaplex bought back ~$1M of MPLX in July
the DAO now holds ~25% of the total supply
Again, this is the company that powers like 99% of the backend tech behind tokens/NFTs/etc on Solana
it supports the wider conversation that buybacks are usually pretty useful if your protocol is profitable enough
Infra plays make a lot of sense when they’re bringing in users:rev!!
(this tweet is powered by metaplex)
Metaplex 🦾
1/ In July, 5.5K $SOL ($950K) of protocol fees were used to buyback 6.4M $MPLX (over 0.6% of total supply) for the Metaplex DAO.
Protocol fees also generated $2.3M, the highest since January.
Mack 🦾
Metaplex's July revenue of $2.3mm was the highest since Feb '25
Importantly, the quality of that revenue has improved due to increased diversification:
- Genesis launches are a new revenue source outside of asset creation fees, driving 5.4% of total revenue in the first month on mainnet
- Reduced Token Metadata customer concentration risk driven by the launchpad wars, with the largest launchpad representing ~50% of TM revenue, down from 80%+
- Non Token Metadata fees reached an all-time high of 8.5% (Genesis + Core)
Metaplex 🦾
1/ In July, 5.5K $SOL ($950K) of protocol fees were used to buyback 6.4M $MPLX (over 0.6% of total supply) for the Metaplex DAO.
Protocol fees also generated $2.3M, the highest since January.
NFToly
In July Metaplex protocol fees generated $2.3M.
Nearly $1M went to buying back over 0.64% of the total $MPLX supply for the DAO.
Accelerate.
Metaplex 🦾
1/ In July, 5.5K $SOL ($950K) of protocol fees were used to buyback 6.4M $MPLX (over 0.6% of total supply) for the Metaplex DAO.
Protocol fees also generated $2.3M, the highest since January.
Metaplex 🦾
1/ In July, 5.5K $SOL ($950K) of protocol fees were used to buyback 6.4M $MPLX (over 0.6% of total supply) for the Metaplex DAO.
Protocol fees also generated $2.3M, the highest since January.
jussy
Metaplex launched Genesis, a new protocol for custom token launches.
It’s about to change how TGEs work on Solana.
Here’s what’s coming: 🧵👇
MPLX price performance in USD
The current price of metaplex is $0.16726. Over the last 24 hours, metaplex has increased by +14.60%. It currently has a circulating supply of 15,688,256 MPLX and a maximum supply of 15,688,256 MPLX, giving it a fully diluted market cap of $2.62M. The metaplex/USD price is updated in real-time.
5m
+0.17%
1h
+4.12%
4h
+3.85%
24h
+14.60%
About Metaplex (MPLX)
Metaplex (MPLX) is a decentralized digital currency leveraging blockchain technology for secure transactions.
Why invest in Metaplex (MPLX)?
As a decentralized currency, free from government or financial institution control, Metaplex is definitely an alternative to traditional fiat currencies. However, investing, trading or buying Metaplex involves complexity and volatility. Thorough research and risk awareness are essential before investing.
Find out more about Metaplex (MPLX) prices and information here on OKX today.
How to buy and store MPLX?
To buy and store MPLX, you can purchase it on a cryptocurrency exchange or through a peer-to-peer marketplace. After buying MPLX, it’s important to securely store it in a crypto wallet, which comes in two forms: hot wallets (software-based, stored on your physical devices) and cold wallets (hardware-based, stored offline).
Number of posts mentioning a token in the last 24h. This can help gauge the level of interest surrounding this token.
Contributors
Number of individuals posting about a token in the last 24h. A higher number of contributors can suggest improved token performance.
Interactions
Sum of socially-driven online engagement in the last 24h, such as likes, comments, and reposts. High engagement levels can indicate strong interest in a token.
Sentiment
Percentage score reflecting post sentiment in the last 24h. A high percentage score correlates with positive sentiment and can indicate improved market performance.
Volume rank
Volume refers to post volume in the last 24h. A higher volume ranking reflects a token’s favored position relative to other tokens.
In the last 24 hours, there have been 1.3K new posts about Metaplex, driven by 719 contributors, and total online engagement reached 132K social interactions. The sentiment score for Metaplex currently stands at 86%. Compared to all cryptocurrencies, post volume for Metaplex currently ranks at 3249. Keep an eye on changes to social metrics as they can be key indicators of the influence and reach of Metaplex.
Powered by LunarCrush
Posts
1,322
Contributors
719
Interactions
132,475
Sentiment
86%
Volume rank
#3249
X
Posts
1,242
Interactions
132,316
Sentiment
86%
MPLX FAQ
What’s the current price of Metaplex?
The current price of 1 MPLX is $0.16726, experiencing a +14.60% change in the past 24 hours.
Can I buy MPLX on OKX?
No, currently MPLX is unavailable on OKX. To stay updated on when MPLX becomes available, sign up for notifications or follow us on social media. We’ll announce new cryptocurrency additions as soon as they’re listed.
Why does the price of MPLX fluctuate?
The price of MPLX fluctuates due to the global supply and demand dynamics typical of cryptocurrencies. Its short-term volatility can be attributed to significant shifts in these market forces.
How much is 1 Metaplex worth today?
Currently, one Metaplex is worth $0.16726. For answers and insight into Metaplex's price action, you're in the right place. Explore the latest Metaplex charts and trade responsibly with OKX.
What is cryptocurrency?
Cryptocurrencies, such as Metaplex, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Metaplex have been created as well.
Monitor crypto prices on an exchange
Watch this video to learn about what happens when you move your money to a crypto exchange.
Disclaimer
The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
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