Account Worth
All about the Account Worth xApp
Last updated
All about the Account Worth xApp
Last updated
The Account Worth xApp is designed to display the total current value of all of the tokens held in your XRP Ledger account.
Simply touch this link:
or you can find it by pressing the xApps button at the bottom of the main screen in Xaman (formerly Xumm).
For each token in your account, the Account Worth xApp looks at the XRPL DEX and calculates what the liquidation value would be based on the open orders currently on the DEX.
Xaman shows the real representation of each asset based on the current DEX liquidity. It shows the amount you can actually trade your tokens for, which is, in case of illiquid pairs, a lot less than the fake price most platforms show.
The Account Worth xApp includes the base reserve and owner reserves when calculating the value of your XRP. The reason for this is that while the reserves are marked as "un-spendable" on the XRPL, they are still in your account so they are counted when Account Worth calculates the total value of your XRP.
Account Worth shows the real value of each asset based on the current liquidity on the DEX. The DEX Trade xApp shows the last traded price. (It does not calculate the actual worth of token.)
In other words, slippage and liquidity have been taken into account with Account Worth but not with the DEX Trade xApp.
Account Worth shows the real value of each asset based on the current liquidity on the DEX.
Many crypto exchanges use a different method of calculating value. Some exchanges have their own liquidity pool which they use to calculate value. Some exchange rely on third parties to calculate value. Account Worth relies on the XRP Ledger DEX to calculate value.
