Tokenomics Academy
Fully Diluted Valuation in Crypto
Fully diluted valuation, or FDV, is token price multiplied by a defined fully diluted supply figure.
How to interpret it
The supply input may be maximum supply, total supply, or another provider-defined figure. State the convention before comparing FDV across assets.
Research context
Market capitalization uses circulating supply, while FDV estimates value under a broader supply assumption. Neither metric alone determines whether a token is attractive.
Data quality matters
Any current figure should identify its source, timestamp, coverage, and calculation method. This educational page does not present live market or protocol data.
Research checklist
- Current token price
- Circulating supply
- FDV supply convention
- Timestamp and source
Questions and answers
What should I verify when researching fully diluted valuation in crypto?
Check the definition, source, timestamp, coverage, and methodology. Separate reported data from interpretation and avoid treating one metric as an investment conclusion.