DefiLlama now features a new market cap metric: Outstanding FDV.
This metric evaluates the value of tokens that are either in circulation or assigned, differing from FDV, which considers tokens that might never circulate.
DefiLlama now features a new market cap metric: Outstanding FDV.
This metric evaluates the value of tokens that are either in circulation or assigned, differing from FDV, which considers tokens that might never circulate.
Market Cap doesn't account for tokens that are allocated but locked.
Outstanding FDV addresses this by considering scheduled future dilution and excluding unallocated tokens.
I think we have similar tools in the market already.