RE: LeoThread 2025-08-09 05:00
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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.
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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.