AntFun
리서치 노트
The dilution overhang of 315.50 percent is worth monitoring because it quantifies how many tokens remain outside circulation relative to those already issued; changes in that figure would reflect new token releases entering the market. The fdv_to_mcap ratio of approximately 4.15 moves in tandem with dilution and would narrow as circulating supply grows toward the maximum. The 24-hour turnover of 8.10 percent and 30-day average turnover of 61.67 percent describe how actively the existing circulating supply is trading; sustained changes in either figure would reflect shifts in trading activity relative to market size. Developer activity metrics — commits, stars, forks, and pull-request contributors — are all recorded at zero for the trailing four weeks and at the point-in-time snapshot, so any movement away from zero in those figures would be the first observable signal of public code development.
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