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Glossary · F
FDV (Fully Diluted Valuation)
The total market capitalisation of a cryptocurrency if its entire maximum supply were in circulation at the current price. FDV = current price × maximum supply. FDV is important context when evaluating tokens with large unvested allocations — a token with $500M market cap but $5B FDV has 90% of supply yet to unlock, representing significant potential selling pressure from future unlock events.
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