Performances
RD Popularity Index
RD Growth Index
| 1h | 24h | 7d | 30d | 60d | 90d |
|---|---|---|---|---|---|
| 0.59% | 0.24% | 1.96% | 40.61% | 76.99% | 40.74% |
Revenue & Burn
Protocol income
$88.72KBuyback funds
$44.36KBurn funds
--Buyback ratio
50.0%Protocol funds over time
Monthly amounts & ratios
| Period | Protocol income | Buyback funds | Burn funds | Buyback ratio |
|---|---|---|---|---|
| Oct 2026 | $88.72K | $44.36K | -- | 50.0% |
| Sep 2026 | $196.4K | $98.2K | -- | 50.0% |
| Aug 2026 | $226.91K | $113.45K | -- | 50.0% |
| Jul 2026 | $252.54K | $126.27K | -- | 50.0% |
| Jun 2026 | $201.33K | $100.66K | -- | 50.0% |
| May 2026 | $172.36K | $86.18K | -- | 50.0% |
Comparison
Investment
Tokenomics
Unlock Progress
Top Holders
| Address | Token | Quantity | Percentage | Value |
|---|---|---|---|---|
| 0xcacd...ab23 |   MPLX | 5,636,947.51 | 0.56% | $276.29K |
| 0xb589...5231 | MPLX | 5,474,002 | 0.55% | $268.3K |
| 0x73d8...46db | MPLX | 897,527.32 | 0.09% | $43.99K |
Open Markets
Follow Updates
Follow Lists
People
About Metaplex
Metaplex is a decentralized NFT infrastructure on Solana, providing a complete protocol stack for asset issuance, trading, and management. Its core products include the Core NFT standard, the Core Candy Machine minting and distribution tool, and a programmable plugin system for digital assets.
The core competitiveness lies in the Core standard: it uses a single-account design, where each NFT occupies only one on-chain account, with a mint cost of about 0.0029 SOL and roughly 17,000 compute units, far lower than the legacy Token Metadata standard's 0.022 SOL and 205,000 CU. It also enforces creator royalties by default, supports whitelist/blacklist controls, and provides plugins such as Freeze, Burn, Attributes, and Royalties, enabling batch operations on individual assets or entire collections. Core Candy Machine offers over 23 composable guards covering payments, allowlists, time windows, and bot protection for minting workflows.
The market pain points it addresses include the high cost and multi-account complexity of traditional NFTs, difficulty in enforcing royalties, and the lack of flexible access control and anti-bot mechanisms in fair launches. Documentation also notes that Core assets and Token Metadata NFTs are not interoperable; new projects are recommended to use Core, while existing collections remain on Token Metadata.
For the recent six months (2026-03-13 to 2026-09-13), no reliable public information indicates major version releases or ecosystem progress from Metaplex. The only verifiable updates are the Core Candy Machine documentation updated on March 10, 2026, and the FAQ dated January 31, 2026. Therefore, the development status during this period cannot be confirmed.
Metaplex is the core NFT infrastructure on Solana, incubated by Solana Labs in 2021 and donated to the Metaplex Foundation. In January 2022, it completed a $46 million strategic financing round with participation from Multicoin Capital, Solana Ventures, and Animoca Brands. In September 2022, the MPLX token was launched with an airdrop to early community members. In November 2022, Bubblegum, a compressed NFT standard, was introduced, significantly reducing minting costs and driving explosive transaction growth on Solana. In 2024, the Aura data network was launched to provide decentralized data access for SVM ecosystems. In June 2024, the buyback mechanism was activated, using 50% of protocol fees to repurchase MPLX on-chain. By December 2024, cumulative buybacks reached approximately 44.47 million MPLX. In 2024, Metaplex processed over 705 million transactions, accounting for more than 99% of NFT mints and over 90% of fungible token mints on Solana. Notably, in 2024, crypto funds such as Pantera and ParaFi purchased MPLX from FTX bankruptcy assets, marking a significant ownership transition. In December 2025, the Genesis SDK was officially released, enabling anyone to build issuance platforms or access token data, further solidifying Metaplex's position as fundamental infrastructure for digital assets.
Bullish:
Revenue growth: June 2026 protocol revenue ~$201K, +17% MoM; cumulative revenue exceeded $49M.
Buybacks: 50% of revenue used to buy back MPLX; June buyback ~3.6M tokens; buyback address holdings rose from 77.2M (Aug 2025) to ~134.5M; Foundation also OTC-purchased 42M MPLX.
Progress: Public Blockworks dashboard launched Aug 26; cumulative assets issued exceeded 920M with $10.35B transaction value; Genesis facilitated 578 token launches raising $15M.
Unlocks: MPLX fully vested since late 2024; no new unlock pressure in the period.
Bearish:
Token price ~$0.028, circulating market cap only tens of millions; 52% of supply held by DAO/Foundation, high non-circulating ratio may create potential sell pressure.
Co-founder and CEO: Stephen Hess.
Co-founder and CTO: Nhan Phan.
CFO: Adam Minsky.
General Counsel: Brian Grace.