FDV (Fully Diluted Valuation)
Definition
Fully Diluted Valuation (FDV) is the theoretical market cap of a cryptocurrency if all possible tokens were in circulation, calculated as price × max supply. A large gap between current market cap and FDV indicates significant future token dilution. For example, if a token has a $1B market cap but $10B FDV, 90% of tokens are yet to enter circulation, which could create selling pressure. FDV is a crucial metric in CryptoValue's analysis for identifying overvalued projects.
Why Does This Matter?
Understanding FDV (Fully Diluted Valuation) is essential for anyone investing in cryptocurrencies or working with blockchain technology. This concept directly influences how projects are valued, how markets behave, and what risks and opportunities exist for investors.
How Does CryptoValue Use This?
At CryptoValue, fundamental concepts like FDV (Fully Diluted Valuation) feed into our proprietary Value Score — a rating from 0 to 100 based on 10 on-chain and market metrics. Our goal is to help you identify undervalued and overvalued coins, rather than just looking at price.