FDV Calculator
Calculate Fully Diluted Valuation from token price and max supply.
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About this tool
Enter a token's price and maximum (or total) supply to calculate its Fully Diluted Valuation (FDV), and compare it against current market cap.
How to use
- Enter token price and max/total supply.
- Optionally enter circulating supply to compare FDV against market cap.
- View the FDV and the FDV-to-market-cap ratio.
FAQ
What does a high FDV-to-market-cap ratio mean?
It indicates a large gap between current circulating value and the token's value once fully unlocked — often a signal of significant future dilution.
FDV vs. market cap — what's the difference?
Market cap uses circulating supply; FDV uses total or max supply, representing the valuation if every token were in circulation today.
Related tools
Token Vesting CalculatorCalculate unlocked and locked token amounts across a vesting schedule.Token Unlock CalculatorCalculate the tokens released on a specific unlock date and the impact on circulating supply.Market Cap CalculatorCalculate a token's market capitalization from its price and circulating supply.