Ethereum System Valuation measures the value Ethereum creates for the ecosystem built on it. Ecosystem value counts the assets secured by Ethereum and the Ethereum-dependent share of listed companies; flow value prices the economic activity that settles on it; trust surplus is what users save against the traditional system. Together they make system value, which this page sets against what the market pays for ETH.
Every input is drawn from a public source, refreshed hourly, and listed on the page beside the figure it feeds, so each number can be traced back to where it came from. Published by the Ethereum Market Research Center.