Not all tokens will show their USD value, and this may be due to specific criteria and requirements that must be met. Below, we’ll explore why this happens and how tokens qualify for price data visibility.
Requirements for Tokens to Display a USD Value
For a token’s value to be displayed in Phantom Wallet:
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Listing on Supported Platforms:
- The token must be listed on reputable price tracking platforms such as Coingecko or Birdeye.so. These platforms provide the data needed to calculate and display token prices in Phantom.
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Meeting Efficiency and Resource Standards:
- Tokens must meet certain thresholds to ensure Phantom prioritizes efficiency and resource management.
- Tokens with low Total Value Locked (TVL) or low capitalization may not have their prices displayed, even if they are listed on Coingecko or Birdeye.so.
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Sustained Market Activity:
- Tokens that initially meet the criteria but experience a decline in TVL or market capitalization may lose their price visibility upon rescanning. This ensures the wallet maintains up-to-date and accurate data for tokens that meet the required standards.
Why Does Phantom Have These Requirements?
Phantom uses a selective approach to ensure the wallet remains reliable, efficient, and user-friendly. Displaying prices for every token, especially those with low liquidity or irregular market activity, can compromise the accuracy and performance of the platform. By focusing on tokens with sufficient TVL and market capitalization, Phantom maintains the reliability of its price data.
What If My Token Doesn’t Show a Value?
If your token does not display a USD value in Phantom Wallet, it may be because it:
- Is not listed on Coingecko or Birdeye.so.
- Does not meet the required thresholds for TVL or capitalization.
Please note: Even if your token is listed on supported platforms, it still needs to meet these requirements to be displayed in Phantom. However, once the token’s metrics—such as TVL and market capitalization—improve and meet the required criteria, its price will automatically display in your wallet.