Crypto Market Cap & FDV Calculator
Compare circulating market value with a fully diluted estimate.
Your results
Press Calculate to see your results.
Manual inputs · Educational estimates · No live prices
How this tool works
Market cap = price × circulating supply. FDV = price × fully diluted supply assumption.
A worked example
A price of 2 with 10 million circulating and a 100 million diluted supply implies 20 million market cap and 200 million FDV.
Assumptions & limits
Enter the total or maximum supply you want to use for FDV. Supply definitions vary; name and verify your assumption. FDV holds price constant as supply increases.
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Explore our crypto guides ↗Crypto Market Cap & FDV Calculator
Crypto market capitalization multiplies token price by circulating supply. Fully diluted valuation, or FDV, uses a broader supply assumption at the same price. Comparing both can show how much assumed supply is outside circulation, but neither value measures cash invested or guarantees a future token price.
How to use this tool
- Enter a token price and its circulating supply.
- Enter the total or maximum supply assumption you want to use for FDV, making sure it is at least the circulating supply.
- Calculate market cap, FDV and circulating share. Verify the supply definition and any future unlocks separately.
Frequently asked questions
What is the difference between market cap and FDV?
Market cap uses circulating supply; FDV uses your fully diluted supply assumption. Both multiply supply by the current price. FDV can therefore be much higher when many tokens are not yet circulating.
Should I use total supply or maximum supply for FDV?
Use the definition appropriate to the asset and the source you are comparing with, and state it clearly. Providers can use different conventions. This calculator deliberately labels the input as an assumption.
Does a high FDV mean the token will reach that market cap?
No. FDV keeps price constant while applying a different supply count. Prices, issuance, burns and demand can all change, so it is a comparison rather than a forecast.