Fully diluted valuation, or FDV, applies a reference price to a token’s maximum or planned supply. It can help discuss future dilution, but it is not cash in a treasury and does not mean every unit could be sold at that price. Pair this with the tokenomics guide.
A practical way to use this guide
Check the supply definition, price source, mint authority, emissions, unlock schedule, team and treasury allocations, and whether maximum supply is enforceable. Compare FDV with circulating market cap and liquidity. If more units will be released, holders may face dilution.
Limits and responsible use
FDV is assumption-sensitive and misleading for tokens without fixed supply or with thin markets. It does not forecast demand, performance, or safety. Show the formula, timestamp, and source, then state what it cannot prove. Last reviewed 2026-09-14.
Quick review checklist
Before you rely on any crypto explanation, confirm the exact network, identifier, timestamp, data source, and intended audience. Follow the crypto glossary when a term is unfamiliar, and return to the crypto hub for the wider learning path. If the article describes a launch, pair it with the token launch guide and write down what the evidence does not establish. Prefer a small, reversible test over an irreversible action, keep private credentials out of forms and chats, and record material changes so readers can see what was updated.