On the Holders page, you can see how many wallets hold $DROP, how many have a trust line for it, and how the supply is distributed. Those figures answer different questions, so they are not expected to match.
What is a trust line?
On the XRP Ledger, a trust line is an on-ledger setting that lets an account hold a particular issued token from a particular issuer. The currency and issuer together identify the token. Opening a trust line uses part of the account's XRP reserve while it stays open.
A wallet can open a trust line and never buy $DROP. Someone can also sell their entire balance but leave the trust line in place. Both wallets have a trust line, but neither is a $DROP holder while its balance is zero.
How we count holders
The site's holder count comes from $DROP balances recorded on the XRP Ledger. It counts eligible wallets with a positive balance. The issuer, automated market maker (AMM) pool accounts and known burn addresses are kept out of the wallet holder total. Trust lines are shown separately, including empty ones. Wallet size groups and the largest holder list use the site's published ranking rules.
The page has two views for supply distribution:
- Wallet Holdings shows direct wallet balances and keeps $DROP held by pools in its own segment.
- Include Liquidity adds a provider's attributed share of $DROP in eligible pools to that wallet. The page labels verified and estimated allocations; any pool reserve it cannot confidently match to wallets stays separate.
The second view uses a same-ledger snapshot and checks pool reserves against LP-token ownership. Some pools can be estimated where the ledger data supports an allocation but does not provide an exact match. The page explains the coverage for the current reading, so an estimate is not presented as a direct wallet balance.
Why other sites may show a different number
Websites may count every trust line, include pool accounts, use a different snapshot, or rely on an index that updates at a different time. Some services may also include wallets our holder rankings exclude. Check what a site counts and when it last updated before comparing its number with ours.
The Holders page shows direct holders, trust lines, circulating supply, balances in pools, wallet-size groups and the largest eligible wallets. Its Data freshness details show which ledger the snapshot came from. The figures update, so use the page itself for the latest counts.