What Is the Difference between Fully Diluted Valuation (FDV) and Market Capitalization? ▴ Learn

What Is the Difference between Fully Diluted Valuation (FDV) and Market Capitalization?

Market capitalization is calculated using the current circulating supply. FDV is calculated using the maximum possible supply of the token (Max Supply Price).

FDV represents the project's valuation if all tokens, including unreleased vested tokens and future emissions, were in circulation. Investors use FDV to assess the potential long-term dilution risk.

How Does the Concept of ‘Fully Diluted Valuation’ Help Investors Assess Risk?

What Is the Rationale for Using Fully Diluted Valuation (FDV) over Market Cap in Comps?

What Is Fully Diluted Valuation (FDV) and Why Is It Used in Comps?

How Does the Release of Vested Tokens Affect the Fully Diluted Valuation (FDV)?