Velodrome Finance

The supply issued percentage, currently 50.78% on a point-in-time basis, indicates that just over half of all tokens that will ever be issued are in circulation, so watching how this figure changes over time reveals the pace at which new supply is entering the market. The dilution overhang of 96.92% and the closely related supply pending figure of 96.92% both reflect how large the stock of not-yet-circulating tokens is relative to current supply, and movement in these numbers would signal shifts in how aggressively the protocol is emitting tokens. The FDV-to-market-cap ratio of approximately 1.97 is a direct consequence of that same dynamic, and changes in it would reflect either new issuance or changes in how the market prices circulating versus total supply. Finally, the 652 days since the all-time high and the current price being 90.6% below that peak are historical reference points worth monitoring alongside changes in protocol activity such as turnover, since the 24-hour turnover figure of 18.05% already provides a window into how much trading volume is occurring relative to the circulating market capitalization.

Written by an AI language model from the figures listed below, on 26 Sep 2026 09:20 UTC.