Tokens, Supply & Launches

Fully Diluted Valuation (FDV)

Also: FDV, Fully Diluted Valuation

The price multiplied by the maximum (or eventual total) supply, showing what the project would be worth if every token were already in circulation. A big gap between FDV and market cap signals many tokens still to be released, which can pressure the price.

General education, not investment, legal or tax advice. Markets and regulation change quickly: where a definition depends on current law or on a recent event, check the latest coverage before relying on it.