Tokenomics

Circulating supply

The tokens considered available in the market today.

What it means

Circulating supply attempts to count tokens that are unlocked and available, excluding some team, treasury, vesting, or reserve balances.

Why it matters

Supply definitions vary by data provider. If circulating supply is overstated or understated, market cap comparisons can mislead readers.

Same category

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Tokenomics

Fully diluted valuation (FDV)

The implied value of all token supply at the current market price.

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Tokenomics

Market cap

The value of circulating token supply at current price.

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Tokenomics

Token unlock

A scheduled release of previously locked tokens.

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