Valuation

Valuation ratios

किसी asset की worth और उसके उत्पादन के बीच standardized अनुपात। इन्हें हर asset के लिए एक ही तरीके से बनाया गया है ताकि तुलना की जा सके — लेकिन ये equity multiples नहीं हैं, और अंतर केवल superficial नहीं है।

तालिका से पहले यह पढ़ें। Token कोई share नहीं है। कोई consolidated entity नहीं है, कोई audited accounts नहीं हैं, और किसी भी fee stream पर कोई enforceable claim नहीं है। किसी protocol का fee split एक governance choice है जिसे vote द्वारा बदला जा सकता है। Market capitalization एक circulating supply figure पर निर्भर करती है जो अक्सर self-reported होती है। यहाँ प्रत्येक ratio दो published figures के बीच एक scale check है — इससे अधिक कुछ नहीं, और कभी भी यह statement नहीं कि कोई asset सस्ता है या महंगा। valuation track प्रत्येक को ठीक से समझाता है →

सभी Layer 1 Layer 2 DeFi Stablecoins Liquid staking Exchange tokens Real-world assets Oracles Bridges Privacy Payments AI & DePIN Gaming & NFT Meme Wrapped Infrastructure अन्य

#	Asset	Market cap	MC / fees	MC / राजस्व	FDV / fees	FDV / राजस्व	MC / TVL	MC प्रति address	Fee yield	Revenue yield	Holder yield	आगामी dilution
1	BitcoinBTC	$1.63T	18,337×	—	18,337×	—	375.85×	$3.42M	0.01%	—	—	0.0%
2	EthereumETH	$289.77B	1,334×	3,754×	1,334×	3,754×	5.93×	$692,441	0.07%	0.03%	—	0.0%
3	BNBBNB	$94.68B	369.0×	3,690×	369.0×	3,690×	—	—	0.27%	0.03%	—	0.0%
4	XRPXRP	$80.18B	—	—	—	—	2,710,608×	—	0.00%	—	—	58.4%
5	SolanaSOL	$60.04B	178.9×	1,476×	193.0×	1,592×	10.29×	—	0.56%	0.07%	—	7.9%
6	TRONTRX	$31.50B	109.7×	109.7×	109.8×	109.8×	5.68×	—	0.91%	0.91%	—	0.0%
7	ZcashZEC	$18.34B	12,548×	—	12,549×	—	7,420×	—	0.01%	—	—	0.0%
8	HyperliquidHYPE	$17.20B	2,530×	2,530×	10,864×	10,864×	17.12×	—	0.04%	0.04%	—	329.5%
9	DogecoinDOGE	$12.08B	44,490×	—	44,494×	—	7,123×	—	0.00%	—	—	0.0%
10	ChainlinkLINK	$8.98B	169.9×	173.8×	221.5×	226.7×	4.81×	—	0.59%	0.58%	0.58%	30.4%
11	CardanoADA	$8.08B	4,786×	23,934×	5,735×	28,675×	131.59×	—	0.02%	0.00%	—	19.8%
12	RainRAIN	$6.54B	1,919,738×	—	3,092,156×	—	398.11×	—	0.00%	0.00%	0.00%	61.1%
13	NEAR ProtocolNEAR	$6.17B	2,396×	3,423×	2,396×	3,423×	29.52×	—	0.04%	0.03%	—	0.0%
14	StellarXLM	$6.13B	10,788×	10,788×	15,323×	15,323×	26.61×	—	0.01%	0.01%	—	42.0%
15	Bitcoin CashBCH	$5.42B	195,300×	—	195,300×	—	1,046×	—	0.00%	—	—	0.0%
16	Ethena USDeUSDE	$4.68B	—	—	—	—	1,528×	—	0.00%	—	—	0.0%
17	LitecoinLTC	$4.51B	24,248×	—	24,248×	—	4,824×	—	0.00%	—	—	0.0%
18	UniswapUNI	$4.35B	3.2×	40.7×	4.6×	57.8×	1.16×	—	30.94%	2.46%	2.46%	42.0%
19	AvalancheAVAX	$4.22B	726.6×	726.6×	770.3×	770.3×	7.34×	—	0.14%	0.14%	—	6.0%
20	CantonCC	$3.95B	6.9×	6.9×	6.9×	6.9×	347.21×	—	14.57%	14.57%	—	0.0%
21	SuiSUI	$3.93B	1,466×	5,040×	3,559×	12,237×	8.26×	—	0.07%	0.02%	—	142.8%
22	Gram (prev. Toncoin)GRAM	$3.79B	4,411×	8,822×	8,212×	16,425×	78.41×	—	0.02%	0.01%	—	86.2%
23	HederaHBAR	$3.78B	15,772×	—	17,912×	—	115.18×	—	0.01%	—	—	13.6%
24	BitwayBTW	$3.47B	706.6×	2,725×	4,692×	18,099×	94.63×	—	0.14%	0.04%	—	564.1%
25	Tether GoldXAUT	$3.35B	245.3×	245.3×	250.9×	250.9×	1.10×	—	0.41%	0.41%	—	2.3%
26	BittensorTAO	$2.95B	—	—	—	—	57.10×	—	—	—	—	85.2%
27	CronosCRO	$2.81B	—	—	—	—	20.86×	—	0.00%	—	—	95.1%
28	EthenaENA	$2.42B	11.6×	3,628×	13.0×	4,059×	0.49×	—	8.61%	0.03%	—	11.9%
29	OKBOKB	$2.36B	4,492×	4,492×	4,492×	4,492×	15.25×	—	0.02%	0.02%	—	0.0%
30	AaveAAVE	$2.31B	5.0×	38.4×	5.2×	39.8×	0.13×	—	19.89%	2.60%	—	3.7%
31	OndoONDO	$2.07B	30.7×	—	63.1×	—	2.22×	—	3.26%	—	—	105.4%
32	WorldcoinWLD	$1.81B	6,663×	—	17,456×	—	45.73×	$362,518	0.02%	—	—	162.0%
33	World Liberty FinancialWLFI	$1.81B	12.2×	12.2×	38.3×	38.3×	—	—	8.21%	8.21%	—	214.7%
34	MantleMNT	$1.73B	13,243×	13,243×	24,943×	24,943×	18.30×	$71,426	0.01%	0.01%	—	88.3%
35	MorphoMORPHO	$1.62B	6.3×	—	9.0×	—	0.15×	—	15.81%	—	—	42.6%
36	Internet ComputerICP	$1.57B	728.4×	728.4×	728.4×	728.4×	185.72×	—	0.14%	0.14%	—	0.0%
37	Bitget TokenBGB	$1.30B	24,348×	31,559×	31,685×	41,069×	17.49×	—	0.00%	0.00%	—	30.1%
38	ArbitrumARB	$1.23B	149.2×	149.9×	216.4×	217.5×	0.90×	$12,510	0.67%	0.67%	—	45.1%
39	Ethereum ClassicETC	$1.21B	125,180×	—	125,180×	—	10,293×	—	0.00%	—	—	0.0%
40	Venice TokenVVV	$1.06B	92.7×	92.7×	155.0×	155.0×	—	—	1.08%	1.08%	1.08%	67.2%
41	KuCoinKCS	$1.03B	—	—	—	—	1,289×	—	0.00%	—	—	1.8%
42	GateGT	$1.03B	215,618×	—	240,854×	—	330.90×	—	0.00%	—	—	11.7%
43	AlgorandALGO	$981.24M	149,371×	149,371×	149,373×	149,373×	30.20×	—	0.00%	0.00%	—	0.0%
44	POL (ex-MATIC)POL	$953.84M	35.1×	35.1×	35.1×	35.1×	1.44×	$2,968	2.85%	2.85%	—	0.0%
45	JupiterJUP	$930.98M	4.5×	15.5×	9.4×	32.0×	0.39×	—	22.08%	6.46%	3.22%	106.7%
46	RenderRENDER	$919.12M	210.7×	210.7×	216.7×	216.7×	—	—	0.47%	0.47%	0.45%	2.8%
47	Cosmos HubATOM	$892.52M	36,607×	—	36,608×	—	6,859×	—	0.00%	—	—	0.0%
48	FilecoinFIL	$854.65M	1,080×	1,080×	2,530×	2,530×	298.18×	—	0.09%	0.09%	—	134.2%
49	InjectiveINJ	$807.93M	294.0×	294.0×	294.0×	294.0×	60.25×	—	0.34%	0.34%	—	0.0%
50	NEXONEXO	$801.86M	—	—	—	—	2.61×	—	—	—	—	0.0%
51	LighterLIT	$730.28M	10.6×	12.9×	42.6×	51.8×	1.06×	—	9.39%	7.73%	4.35%	300.0%
52	LayerZeroZRO	$699.90M	210.5×	317.7×	526.2×	794.4×	0.07×	—	0.48%	0.31%	0.33%	150.0%
53	AptosAPT	$677.63M	410.1×	410.1×	562.0×	562.0×	15.93×	—	0.24%	0.24%	—	37.0%
54	StableSTABLE	$676.66M	—	—	—	—	23.52×	—	—	—	—	266.1%
55	StacksSTX	$664.97M	1,154×	—	1,154×	—	7.59×	—	0.09%	—	—	0.0%
56	XDC NetworkXDC	$655.11M	80,803×	—	154,202×	—	299.01×	—	0.00%	—	—	90.8%
57	Ether.fiETHFI	$614.92M	4.3×	14.0×	4.3×	14.0×	0.12×	—	23.19%	7.12%	—	0.0%
58	DashDASH	$614.89M	74,123×	—	74,126×	—	8,573×	—	0.00%	—	—	0.0%
59	VeChainVET	$568.78M	—	—	—	—	434.91×	—	—	—	—	0.0%
60	FlareFLR	$556.11M	2,190×	—	2,674×	—	3.13×	—	0.05%	—	—	22.1%
61	RaydiumRAY	$471.79M	1.3×	7.8×	2.6×	16.0×	0.42×	—	77.74%	12.88%	7.64%	105.6%
62	StarknetSTRK	$462.85M	149.3×	151.0×	196.6×	198.9×	3.01×	$144,640	0.67%	0.66%	—	31.7%
63	Virtuals ProtocolVIRTUAL	$420.09M	86.0×	285.2×	130.7×	433.1×	—	—	1.16%	0.35%	—	51.9%
64	SeiSEI	$403.59M	10,882×	10,882×	16,162×	16,162×	13.77×	—	0.01%	0.01%	—	48.5%
65	Provenance BlockchainHASH	$374.06M	86.5×	—	138.8×	—	2.61×	—	1.16%	—	—	60.5%
66	PlasmaXPL	$343.54M	1,712×	1,712×	3,777×	3,777×	0.64×	—	0.06%	0.06%	—	120.6%
67	PendlePENDLE	$343.22M	25.6×	26.0×	41.5×	42.2×	0.15×	—	3.90%	3.84%	2.98%	61.9%
68	Falcon FinanceFF	$342.15M	129.7×	—	388.1×	—	0.20×	—	0.77%	—	—	199.1%
69	BitTorrentBTT	$341.75M	—	—	—	—	2,207×	—	—	—	—	2.5%
70	TezosXTZ	$322.42M	7,118×	11,246×	7,247×	11,450×	16.54×	—	0.01%	0.01%	—	1.8%
71	Sun TokenSUN	$316.92M	28.0×	605.8×	28.9×	627.2×	0.48×	—	3.58%	0.17%	0.12%	3.5%
72	Lido DAOLDO	$308.22M	0.5×	8.2×	0.6×	9.9×	0.01×	—	197.43%	12.16%	8.56%	20.5%
73	GnosisGNO	$299.64M	3,937×	—	4,474×	—	3.23×	—	0.03%	—	—	13.7%
74	OlympusOHM	$291.57M	164.4×	164.4×	218.1×	218.1×	—	—	0.61%	0.61%	—	32.7%
75	ConfluxCFX	$273.20M	—	—	—	—	43.73×	—	—	—	—	0.0%
76	BackpackBP	$272.26M	—	—	—	—	0.46×	—	—	—	—	300.0%
77	KaiaKAIA	$262.77M	4,266×	5,560×	4,266×	5,560×	34.03×	—	0.02%	0.02%	—	0.0%
78	The GraphGRT	$254.10M	1,125×	—	1,194×	—	—	—	0.09%	—	—	6.1%
79	Terra Luna ClassicLUNC	$251.69M	—	—	—	—	272.18×	—	—	—	—	16.8%
80	MonadMON	$245.13M	46.1×	54.2×	392.5×	461.8×	0.26×	—	2.17%	1.84%	—	751.4%
81	Ethereum Name ServiceENS	$227.46M	85.1×	85.1×	201.2×	201.2×	—	—	1.18%	1.18%	—	136.5%
82	EigenCloud (prev. EigenLayer)EIGEN	$225.10M	49.0×	—	93.4×	—	0.04×	—	2.04%	—	—	90.4%
83	Collector CryptCARDS	$224.03M	1.2×	1.2×	2.6×	2.6×	—	—	83.40%	83.40%	0.50%	118.7%
84	FLOKIFLOKI	$220.46M	—	—	—	—	18.67×	—	—	—	—	0.0%
85	IOTAIOTA	$206.22M	—	—	—	—	127.79×	—	—	—	—	6.6%
86	THORChainRUNE	$203.54M	705.1×	705.1×	759.5×	759.5×	6.04×	—	0.14%	0.14%	—	7.7%
87	SonicS	$203.01M	2,374×	2,374×	2,374×	2,374×	10.88×	—	0.04%	0.04%	—	0.0%
88	GRX ChainGRX	$184.89M	—	—	—	—	21.79×	—	0.00%	—	—	5.1%
89	Theta NetworkTHETA	$184.89M	—	—	—	—	611.62×	—	—	—	—	0.0%
90	Convex FinanceCVX	$182.96M	6.1×	15.9×	6.6×	17.1×	0.32×	—	16.38%	6.29%	5.96%	7.3%
91	ZamaZAMA	$179.16M	—	—	—	—	1.39×	—	—	—	—	344.8%
92	MeteoraMET	$178.30M	0.3×	2.7×	0.6×	4.8×	0.68×	—	318.25%	37.29%	4.46%	78.6%
93	AnvilANVL	$177.51M	—	—	—	—	11.44×	—	—	—	—	13.5%
94	MXMX	$177.14M	—	—	—	—	0.03×	—	—	—	—	345.4%
95	PonsPONS	$175.91M	0.4×	2.6×	0.4×	2.6×	—	—	252.61%	38.03%	34.26%	0.0%
96	Axie InfinityAXS	$173.47M	108.3×	111.3×	166.5×	171.2×	—	—	0.92%	0.90%	—	53.8%
97	VaultaA	$158.62M	—	—	—	—	3.44×	—	—	—	—	25.5%
98	ZKsyncZK	$158.18M	949.9×	949.9×	1,844×	1,844×	10.99×	$53,158	0.11%	0.11%	—	94.1%
99	SwissBorgBORG	$157.59M	—	—	—	—	0.16×	—	—	—	—	0.0%
100	DoubleZero2Z	$154.75M	43.2×	918.4×	83.2×	1,768×	2.22×	—	2.31%	0.11%	0.00%	92.5%
101	NEONEO	$152.18M	—	—	—	—	157.91×	—	—	—	—	41.8%
102	RailgunRAIL	$148.03M	32.6×	32.6×	32.6×	32.6×	1.35×	—	3.07%	3.07%	1.79%	0.0%
103	ChilizCHZ	$142.32M	2,994×	—	2,994×	—	108.82×	—	0.03%	—	—	0.0%
104	BeamBEAM	$140.69M	—	—	—	—	116.11×	—	0.00%	—	—	14.0%
105	ImmutableIMX	$136.85M	16,240×	—	35,911×	—	12.65×	—	0.01%	—	—	121.1%
106	ApeCoinAPE	$136.41M	741.0×	—	741.0×	—	49.81×	—	0.13%	—	—	0.0%
107	0G0G	$134.13M	—	—	—	—	37.01×	—	—	—	—	65.9%
108	1INCH1INCH	$127.67M	166.5×	770.0×	177.7×	821.8×	40.83×	—	0.60%	0.13%	—	6.7%
109	SuperVerseSUPER	$121.46M	—	—	—	—	3,041×	—	—	—	—	53.1%
110	Reserve RightsRSR	$118.42M	87.2×	215.6×	139.4×	344.7×	2.62×	—	1.15%	0.46%	0.46%	59.9%
111	GeodnetGEOD	$116.43M	10.6×	10.6×	21.3×	21.3×	—	—	9.43%	9.43%	7.54%	101.2%
112	PlumePLUME	$114.07M	3,518×	—	5,325×	—	49.53×	—	0.03%	—	—	51.4%
113	deBridgeDBR	$110.31M	17.7×	17.7×	29.8×	29.8×	57.54×	—	5.65%	5.65%	4.48%	68.7%
114	ChutesSN64	$109.05M	975.7×	975.7×	975.7×	975.7×	2.09×	—	0.10%	0.10%	—	0.0%
115	MultiversXEGLD	$107.49M	3,290×	—	3,290×	—	8.87×	—	0.03%	—	—	0.0%
116	AethirATH	$105.99M	2.9×	14.6×	6.1×	30.4×	—	—	34.32%	6.86%	—	108.7%
117	OrcaORCA	$105.23M	1.0×	7.5×	1.2×	9.2×	0.37×	—	102.85%	13.37%	4.94%	23.4%
118	WalrusWAL	$104.55M	2,222×	2,222×	4,244×	4,244×	—	—	0.05%	0.05%	—	91.0%
119	CapCAP	$104.41M	18.4×	21,659×	117.7×	138,837×	0.49×	—	5.44%	0.00%	—	541.0%
120	SOONSOON	$103.54M	—	—	—	—	48,440×	—	—	—	—	3,140.7%
121	SoSoValueSOSO	$100.26M	3.6×	3.6×	10.5×	10.5×	0.57×	—	27.83%	27.87%	—	192.4%
122	edgeXEDGE	$100.25M	2.7×	3.7×	7.7×	10.7×	1.72×	—	36.96%	26.78%	7.27%	185.7%
123	Nexus MutualNXM	$95.99M	52.2×	104.4×	52.2×	104.4×	0.99×	—	1.92%	0.96%	0.96%	0.0%
124	peaqPEAQ	$95.35M	—	—	—	—	121.30×	—	0.00%	—	—	72.4%
125	GALAGALA	$95.06M	—	—	—	—	20.11×	—	—	—	—	0.0%
126	dYdXDYDX	$95.06M	—	—	—	—	1.41×	—	—	—	—	13.3%
127	KinetiqKNTQ	$92.50M	4.2×	24.4×	13.5×	77.3×	0.11×	—	23.54%	4.10%	1.67%	217.5%
128	WEMIXWEMIX	$90.16M	—	—	—	—	33.73×	—	—	—	—	12.2%
129	ALEOALEO	$88.94M	—	—	—	—	40.80×	—	—	—	—	39.3%
130	GMXGMX	$88.18M	1.1×	1.6×	1.1×	1.6×	0.20×	—	88.90%	63.31%	54.01%	0.0%
131	PromPROM	$86.79M	5,608×	—	5,916×	—	128.11×	—	0.02%	—	—	5.5%
132	WormholeW	$86.46M	370.0×	—	555.8×	—	0.06×	—	0.27%	—	—	50.2%
133	PharosPROS	$85.31M	—	—	—	—	1.17×	—	—	—	—	637.5%
134	SafeSAFE	$81.10M	136.8×	136.8×	174.6×	174.6×	—	—	0.73%	0.73%	—	27.7%
135	NumeraireNMR	$80.85M	—	—	—	—	32,779×	—	—	—	—	47.9%
136	USD.AICHIP	$80.76M	1.6×	15.8×	7.9×	78.8×	0.33×	—	63.47%	6.35%	—	400.0%
137	LivepeerLPT	$80.25M	248.7×	248.7×	248.7×	248.7×	—	—	0.40%	0.40%	0.40%	0.0%
138	ADIADI	$77.94M	—	—	—	—	58.28×	—	—	—	—	10,499.4%
139	KavaKAVA	$77.01M	—	—	—	—	3.68×	—	—	—	—	0.0%
140	STONKSTONK	$75.55M	0.3×	0.3×	0.3×	0.3×	—	—	347.93%	305.28%	183.50%	0.0%
141	Rootstock Infrastructure FrameworkRIF	$74.31M	221.4×	—	221.4×	—	0.96×	—	0.45%	—	—	0.0%
142	CoW ProtocolCOW	$72.11M	3.1×	5.5×	5.3×	9.5×	—	—	32.66%	18.24%	—	74.1%
143	VeloVELO	$71.18M	43,548×	43,548×	59,505×	59,505×	999.05×	—	0.00%	0.00%	—	36.6%
144	ZIG FinanceZIG	$70.84M	—	—	—	—	17.44×	—	—	—	—	38.7%
145	AmpAMP	$68.49M	—	—	—	—	54.56×	—	—	—	—	11.1%
146	ZetaChainZETA	$67.55M	—	—	—	—	196.01×	—	0.00%	—	—	26.8%
147	Flying TulipFT	$66.89M	36.8×	41.3×	39.1×	43.9×	4.54×	—	2.72%	2.42%	—	6.2%
148	o1.exchangeO	$66.20M	7.4×	12.8×	46.3×	80.0×	—	—	13.50%	7.81%	—	525.0%
149	LineaLINEA	$64.63M	139.0×	139.0×	405.7×	405.7×	2.84×	$20,696	0.72%	0.72%	—	191.9%
150	QubicQUBIC	$61.72M	—	—	—	—	1,256×	—	—	—	—	24.0%

trailing 30 दिनों से annualized; पूंजीकरण point-in-time site calculation from CoinGecko and DeFiLlama inputs observed 18 Oct 2026 07:04 UTC

प्रत्येक ratio क्या है, और कहाँ टूटता है

Market Cap / Annualized Fees Compares a token's market value with the fees users paid to the network over a year. Providers disagree on what a fee is: priority tips and maximal extractable value are counted by some and excluded by others, and front-end interface fees taken by a separate company are usually invisible entirely. Assets that charge almost… annualized from trailing 30 days

Market Cap / Annualized Revenue Market value divided by the share of yearly fees the protocol keeps rather than paying out. The split between fees and revenue is a modeling choice, not an observation, and providers draw it in different places for the same protocol, so two reputable sites can differ by a multiple on the same token. The cost of earning that… annualized from trailing 30 days

FDV / Annualized Fees Like the market cap version, but values every token that will ever exist at today's price. There is no single definition of fully diluted supply: some providers use the coded maximum, some use current total supply, and some use supply after all published vesting completes, so the same token can carry three different FDVs. Assets… annualized from trailing 30 days

FDV / Annualized Revenue Fully diluted market value divided by the yearly fee income the protocol retains. Both inputs are estimates, so the errors compound: a provider that defines fully diluted supply generously and revenue narrowly will report a multiple several times another provider's for the identical protocol. Projects still distributing… annualized from trailing 30 days

Market Cap / TVL Compares a token's market value with the value of assets currently deposited in its contracts. Total value locked double-counts routinely: ether staked through a liquid staking provider produces a receipt token, which is deposited into a lending market, borrowed against, and redeposited, and each leg can be counted. Because it is… point-in-time

FDV / TVL Fully diluted market value divided by the value of assets deposited in the protocol. It inherits every problem of both inputs at once: recursive double-counting in deposits and an undefined or provider-specific diluted supply. Protocols that attracted deposits with token emissions are the common case here, and those same… point-in-time

Market Cap per Active Address Market value divided by the number of addresses that sent or received anything recently. Addresses are not users in either direction: one person can generate an unlimited number of addresses for free, while a single exchange deposit address can serve millions of customers whose trades never touch the chain. Rollups, batching… point-in-time value over trailing 30 days of activity

Fee Yield Total yearly fees paid by users, expressed as a percentage of the token's market value. Gross fees include amounts that never accrue to the protocol or to token holders in any form, so a high figure can coexist with a protocol that retains nothing. Fees paid to validators or liquidity providers are compensation for a cost… annualized from trailing 30 days

Network Revenue Yield Yearly protocol revenue expressed as a percentage of the token's market value. Nothing is distributed in the great majority of cases, so the figure describes revenue that stays with a treasury, with validators, or is destroyed by a burn mechanism rather than paid out. Where value does reach holders it arrives as… annualized from trailing 30 days

Holder Revenue Yield The share of fee income that actually reaches token holders, as a percentage of market value. A burn reaches holders only as a proportional supply reduction, and it can be entirely offset by issuance elsewhere in the same protocol, which this figure does not net off. Fee distributions to stakers are received only by tokens that are… annualized from trailing 30 days

Dilution overhang How much larger fully diluted valuation is than market capitalization. Fully diluted valuation prices tokens that do not yet trade at the price of tokens that do, which is an assumption, not a measurement. For assets with very long emission schedules the arithmetic is close to meaningless. point-in-time

NVT (Network Value to Transactions) Network value divided by the daily value moved on-chain, smoothed over about three months. The denominator counts change outputs, self-transfers, and exchange rebalancing as settlement, and the adjustment heuristics used to remove them differ enough between providers that NVT values from two sites are not comparable. The measure… point-in-time value over a smoothed 90-day denominator

Valuation ratios

प्रत्येक ratio क्या है, और कहाँ टूटता है

Assets

मूल तत्व

Valuation & risk

संस्थागत

जानें

परिचय

कानूनी