التقييم

نسب التقييم

نسب موحدة بين قيمة الأصل وما ينتجه. تُبنى بالطريقة ذاتها لكل أصل لتكون قابلة للمقارنة — غير أنها ليست مضاعفات أسهم، والفوارق ليست شكلية.

اقرأ هذا قبل الجدول. الtoken ليس سهمًا. لا توجد جهة موحدة، ولا حسابات مدققة، ولا مطالبة قانونية بأي تدفق من الرسوم. توزيع رسوم البروتوكول خيار حوكمة قابل للتغيير بالتصويت. القيمة السوقية تعتمد على رقم العرض المتداول الذي كثيرًا ما يُبلَّغ عنه ذاتيًا. كل نسبة هنا ليست سوى اختبار مقياس بين رقمين منشورين — لا أكثر، وليست في أي حال حكمًا بأن أصلًا رخيص أو غالٍ. يشرح مسار التقييم كل واحدة منها بشكل صحيح →

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

#	الأصل	القيمة السوقية	MC / الرسوم	MC / revenue	FDV / الرسوم	FDV / revenue	MC / TVL	الـ MC لكل عنوان	عائد الرسوم	عائد الإيرادات	عائد الحامل	تخفيف مرتقب
1	BitcoinBTC	$1.65T	18,811×	—	18,811×	—	376.82×	$3.46M	0.01%	—	—	0.0%
2	EthereumETH	$293.24B	1,366×	3,850×	1,366×	3,850×	5.95×	$626,289	0.07%	0.03%	—	0.0%
3	BNBBNB	$95.71B	372.2×	3,722×	372.2×	3,722×	—	—	0.27%	0.03%	—	0.0%
4	XRPXRP	$82.15B	—	—	—	—	2,717,821×	—	0.00%	—	—	58.4%
5	SolanaSOL	$61.59B	184.8×	1,508×	199.4×	1,627×	10.55×	—	0.54%	0.07%	—	7.9%
6	TRONTRX	$31.44B	110.5×	110.5×	110.5×	110.5×	5.66×	—	0.90%	0.90%	—	0.0%
7	ZcashZEC	$19.14B	13,388×	—	13,391×	—	7,359×	—	0.01%	—	—	0.0%
8	HyperliquidHYPE	$17.41B	2,619×	2,619×	11,248×	11,248×	17.28×	—	0.04%	0.04%	—	329.5%
9	DogecoinDOGE	$12.40B	45,290×	—	45,292×	—	7,110×	—	0.00%	—	—	0.0%
10	ChainlinkLINK	$9.13B	172.1×	176.3×	224.5×	229.9×	4.87×	—	0.58%	0.57%	0.57%	30.4%
11	CardanoADA	$8.16B	4,772×	23,860×	5,717×	28,586×	132.27×	—	0.02%	0.00%	—	19.8%
12	NEAR ProtocolNEAR	$6.44B	2,435×	3,478×	2,435×	3,478×	28.62×	—	0.04%	0.03%	—	0.0%
13	RainRAIN	$6.26B	1,939,609×	—	3,124,162×	—	398.96×	—	0.00%	0.00%	0.00%	61.1%
14	StellarXLM	$6.21B	10,894×	10,894×	15,474×	15,474×	26.79×	—	0.01%	0.01%	—	42.0%
15	Bitcoin CashBCH	$5.58B	201,291×	—	201,291×	—	1,050×	—	0.00%	—	—	0.0%
16	Ethena USDeUSDE	$4.68B	—	—	—	—	1,529×	—	0.00%	—	—	0.0%
17	LitecoinLTC	$4.64B	24,504×	—	24,505×	—	4,804×	—	0.00%	—	—	0.0%
18	UniswapUNI	$4.51B	3.4×	42.7×	4.8×	60.7×	1.19×	—	29.43%	2.34%	2.34%	42.0%
19	AvalancheAVAX	$4.24B	722.5×	722.5×	765.9×	765.9×	7.33×	—	0.14%	0.14%	—	6.0%
20	CantonCC	$4.14B	6.9×	6.9×	6.9×	6.9×	345.57×	—	14.56%	14.56%	—	0.0%
21	SuiSUI	$4.06B	1,521×	5,353×	3,693×	12,999×	8.42×	—	0.07%	0.02%	—	142.8%
22	Gram (prev. Toncoin)GRAM	$3.84B	4,403×	8,806×	8,196×	16,393×	78.00×	—	0.02%	0.01%	—	86.2%
23	HederaHBAR	$3.61B	15,325×	—	17,404×	—	110.57×	—	0.01%	—	—	13.6%
24	Tether GoldXAUT	$3.35B	246.2×	246.2×	251.8×	251.8×	1.11×	—	0.41%	0.41%	—	2.3%
25	BitwayBTW	$3.08B	678.2×	2,590×	4,504×	17,197×	89.08×	—	0.15%	0.04%	—	564.1%
26	BittensorTAO	$3.01B	—	—	—	—	100,313×	—	—	—	—	85.2%
27	CronosCRO	$2.89B	—	—	—	—	21.09×	—	0.00%	—	—	95.1%
28	EthenaENA	$2.49B	12.6×	3,741×	14.1×	4,186×	0.50×	—	7.94%	0.03%	—	11.9%
29	OKBOKB	$2.38B	4,481×	4,481×	4,481×	4,481×	15.24×	—	0.02%	0.02%	—	0.0%
30	AaveAAVE	$2.29B	5.1×	38.6×	5.2×	40.0×	0.13×	—	19.79%	2.59%	—	3.7%
31	OndoONDO	$2.10B	30.6×	—	62.9×	—	2.21×	—	3.26%	—	—	105.4%
32	WorldcoinWLD	$1.94B	6,788×	—	17,776×	—	45.71×	$121,811	0.01%	—	—	161.9%
33	MantleMNT	$1.76B	13,994×	13,994×	26,358×	26,358×	19.04×	$259,278	0.01%	0.01%	—	88.3%
34	World Liberty FinancialWLFI	$1.73B	12.2×	12.2×	38.4×	38.4×	—	—	8.20%	8.20%	—	214.7%
35	MorphoMORPHO	$1.72B	6.4×	—	9.1×	—	0.15×	—	15.75%	—	—	42.5%
36	Internet ComputerICP	$1.59B	727.0×	727.0×	727.0×	727.0×	188.36×	—	0.14%	0.14%	—	0.0%
37	ArbitrumARB	$1.33B	161.9×	162.8×	235.0×	236.1×	0.96×	$7,584	0.62%	0.61%	—	45.1%
38	Bitget TokenBGB	$1.32B	24,801×	32,112×	32,275×	41,788×	18.17×	—	0.00%	0.00%	—	30.1%
39	Ethereum ClassicETC	$1.23B	129,878×	—	129,878×	—	10,187×	—	0.00%	—	—	0.0%
40	Venice TokenVVV	$1.17B	98.9×	98.9×	165.3×	165.3×	—	—	1.01%	1.01%	1.01%	67.2%
41	GateGT	$1.04B	215,995×	—	241,275×	—	330.14×	—	0.00%	—	—	11.7%
42	KuCoinKCS	$1.04B	—	—	—	—	1,300×	—	0.00%	—	—	1.8%
43	AlgorandALGO	$991.86M	146,847×	146,847×	146,849×	146,849×	29.76×	—	0.00%	0.00%	—	0.0%
44	POL (ex-MATIC)POL	$978.42M	35.8×	35.9×	35.8×	35.9×	1.47×	$2,508	2.79%	2.79%	—	0.0%
45	JupiterJUP	$968.52M	4.7×	16.2×	9.8×	33.5×	0.41×	—	21.17%	6.17%	3.08%	106.7%
46	Cosmos HubATOM	$932.69M	36,996×	—	36,996×	—	6,842×	—	0.00%	—	—	0.0%
47	RenderRENDER	$930.87M	173.3×	173.3×	178.3×	178.3×	—	—	0.58%	0.58%	0.55%	2.8%
48	InjectiveINJ	$851.17M	292.9×	292.9×	292.9×	292.9×	60.30×	—	0.34%	0.34%	—	0.0%
49	FilecoinFIL	$839.86M	1,068×	1,068×	2,501×	2,501×	299.84×	—	0.09%	0.09%	—	134.2%
50	NEXONEXO	$806.67M	—	—	—	—	2.59×	—	—	—	—	0.0%
51	LighterLIT	$757.23M	11.1×	13.5×	44.3×	53.9×	1.09×	—	9.02%	7.42%	4.16%	300.0%
52	LayerZeroZRO	$751.91M	221.9×	325.4×	554.7×	813.5×	0.06×	—	0.45%	0.31%	0.33%	150.0%
53	StacksSTX	$675.43M	1,160×	—	1,160×	—	7.45×	—	0.09%	—	—	0.0%
54	AptosAPT	$668.74M	400.6×	400.6×	549.0×	549.0×	15.55×	—	0.25%	0.25%	—	37.0%
55	XDC NetworkXDC	$652.90M	81,937×	—	156,366×	—	306.78×	—	0.00%	—	—	90.8%
56	Ether.fiETHFI	$647.68M	4.6×	14.9×	4.6×	14.9×	0.12×	—	21.93%	6.72%	—	0.0%
57	DashDASH	$636.83M	76,565×	—	76,567×	—	8,524×	—	0.00%	—	—	0.0%
58	VeChainVET	$573.99M	—	—	—	—	469.70×	—	—	—	—	0.0%
59	FlareFLR	$554.88M	2,157×	—	2,634×	—	3.09×	—	0.05%	—	—	22.1%
60	RaydiumRAY	$503.68M	1.4×	8.7×	3.0×	18.0×	0.44×	—	69.09%	11.44%	6.79%	105.6%
61	StableSTABLE	$440.47M	—	—	—	—	22.30×	—	—	—	—	265.7%
62	Provenance BlockchainHASH	$439.59M	101.6×	—	163.0×	—	2.98×	—	0.98%	—	—	60.4%
63	StarknetSTRK	$438.86M	143.4×	145.1×	192.3×	194.6×	2.85×	$156,037	0.70%	0.69%	—	34.1%
64	Virtuals ProtocolVIRTUAL	$432.80M	90.4×	299.6×	137.4×	455.1×	—	—	1.11%	0.33%	—	51.9%
65	SeiSEI	$404.31M	10,553×	10,553×	15,672×	15,672×	12.90×	—	0.01%	0.01%	—	48.5%
66	PendlePENDLE	$356.34M	26.1×	26.5×	42.3×	43.0×	0.15×	—	3.83%	3.77%	2.93%	61.9%
67	Falcon FinanceFF	$348.65M	132.3×	—	395.9×	—	0.20×	—	0.76%	—	—	199.1%
68	BitTorrentBTT	$345.41M	—	—	—	—	2,212×	—	—	—	—	2.5%
69	PlasmaXPL	$343.70M	1,727×	1,727×	3,810×	3,810×	0.64×	—	0.06%	0.06%	—	120.6%
70	TezosXTZ	$330.12M	7,216×	11,393×	7,347×	11,600×	16.62×	—	0.01%	0.01%	—	1.8%
71	Lido DAOLDO	$321.15M	0.5×	8.5×	0.6×	10.2×	0.01×	—	191.75%	11.80%	8.33%	20.5%
72	Sun TokenSUN	$317.20M	28.3×	611.5×	29.3×	633.1×	0.48×	—	3.54%	0.16%	0.11%	3.5%
73	GnosisGNO	$300.66M	3,985×	—	4,530×	—	3.25×	—	0.03%	—	—	13.7%
74	OlympusOHM	$292.21M	166.0×	166.0×	220.3×	220.3×	—	—	0.60%	0.60%	—	32.7%
75	BackpackBP	$285.83M	—	—	—	—	0.48×	—	—	—	—	300.0%
76	ConfluxCFX	$272.20M	—	—	—	—	43.53×	—	—	—	—	0.0%
77	Collector CryptCARDS	$268.03M	1.3×	1.3×	2.8×	2.8×	—	—	78.10%	78.10%	0.50%	118.7%
78	KaiaKAIA	$264.47M	4,170×	5,407×	4,170×	5,408×	33.18×	—	0.02%	0.02%	—	0.0%
79	The GraphGRT	$259.12M	1,140×	—	1,210×	—	—	—	0.09%	—	—	6.1%
80	Terra Luna ClassicLUNC	$252.10M	—	—	—	—	274.58×	—	—	—	—	16.8%
81	MonadMON	$244.42M	46.7×	54.9×	397.8×	467.6×	0.26×	—	2.14%	1.82%	—	751.4%
82	Ethereum Name ServiceENS	$230.66M	89.8×	89.8×	212.5×	212.5×	—	—	1.11%	1.11%	—	136.5%
83	EigenCloud (prev. EigenLayer)EIGEN	$228.88M	49.7×	—	94.6×	—	0.04×	—	2.01%	—	—	90.4%
84	FLOKIFLOKI	$227.19M	—	—	—	—	18.42×	—	—	—	—	0.0%
85	SonicS	$226.77M	2,418×	2,418×	2,418×	2,418×	10.86×	—	0.04%	0.04%	—	0.0%
86	GRX ChainGRX	$216.78M	—	—	—	—	20.75×	—	0.00%	—	—	5.1%
87	THORChainRUNE	$210.75M	730.5×	730.5×	786.9×	786.9×	6.11×	—	0.14%	0.14%	—	7.7%
88	IOTAIOTA	$210.37M	—	—	—	—	128.79×	—	—	—	—	6.6%
89	Convex FinanceCVX	$194.33M	6.4×	16.7×	6.8×	17.9×	0.33×	—	15.67%	5.99%	5.68%	7.3%
90	MeteoraMET	$187.43M	0.3×	2.8×	0.6×	4.9×	0.67×	—	308.17%	36.13%	4.45%	78.6%
91	Theta NetworkTHETA	$186.13M	—	—	—	—	604.83×	—	—	—	—	0.0%
92	ZamaZAMA	$182.04M	—	—	—	—	1.41×	—	—	—	—	344.7%
93	PonsPONS	$179.77M	0.4×	2.6×	0.4×	2.6×	—	—	254.22%	38.21%	36.40%	0.0%
94	MXMX	$177.65M	—	—	—	—	0.03×	—	—	—	—	345.4%
95	AnvilANVL	$174.93M	—	—	—	—	9.78×	—	—	—	—	13.5%
96	Axie InfinityAXS	$174.91M	107.0×	110.1×	164.5×	169.2×	—	—	0.93%	0.91%	—	53.8%
97	SwissBorgBORG	$159.80M	—	—	—	—	0.16×	—	—	—	—	0.0%
98	ZKsyncZK	$159.73M	967.8×	967.8×	1,879×	1,879×	10.95×	$54,863	0.10%	0.10%	—	94.1%
99	NEONEO	$155.36M	—	—	—	—	157.41×	—	—	—	—	41.8%
100	BeamBEAM	$153.04M	—	—	—	—	114.31×	—	0.00%	—	—	14.0%
101	DoubleZero2Z	$149.76M	42.8×	917.1×	82.4×	1,764×	2.11×	—	2.33%	0.11%	0.00%	92.4%
102	VaultaA	$147.18M	—	—	—	—	3.52×	—	—	—	—	25.4%
103	ApeCoinAPE	$144.85M	733.7×	—	733.7×	—	49.42×	—	0.14%	—	—	0.0%
104	ChilizCHZ	$144.39M	2,964×	—	2,964×	—	108.04×	—	0.03%	—	—	0.0%
105	ImmutableIMX	$137.04M	15,752×	—	34,831×	—	12.42×	—	0.01%	—	—	121.1%
106	0G0G	$136.45M	—	—	—	—	37.49×	—	—	—	—	65.9%
107	RailgunRAIL	$131.77M	28.2×	28.2×	28.2×	28.2×	1.15×	—	3.55%	3.55%	2.07%	0.0%
108	1INCH1INCH	$129.38M	177.0×	808.8×	188.9×	863.2×	41.01×	—	0.56%	0.12%	—	6.7%
109	deBridgeDBR	$120.69M	18.3×	18.3×	30.9×	30.9×	54.38×	—	5.46%	5.46%	4.52%	68.7%
110	GeodnetGEOD	$120.22M	10.6×	10.6×	21.3×	21.3×	—	—	9.43%	9.43%	7.54%	101.2%
111	SuperVerseSUPER	$120.06M	—	—	—	—	2,918×	—	—	—	—	53.1%
112	Reserve RightsRSR	$116.63M	83.8×	209.4×	133.9×	334.7×	2.42×	—	1.19%	0.48%	0.48%	59.9%
113	PlumePLUME	$113.61M	3,459×	—	5,236×	—	49.00×	—	0.03%	—	—	51.4%
114	MultiversXEGLD	$111.35M	3,383×	—	3,383×	—	8.80×	—	0.03%	—	—	0.0%
115	ChutesSN64	$109.56M	991.5×	991.5×	991.5×	991.5×	2.08×	—	0.10%	0.10%	—	0.0%
116	AethirATH	$108.09M	3.0×	14.8×	6.2×	30.9×	—	—	33.73%	6.75%	—	108.7%
117	KinetiqKNTQ	$107.28M	4.2×	24.4×	13.3×	77.6×	0.10×	—	23.81%	4.09%	1.70%	217.5%
118	OrcaORCA	$105.87M	1.0×	7.6×	1.2×	9.4×	0.36×	—	101.34%	13.17%	4.86%	23.4%
119	CapCAP	$104.55M	18.8×	21,959×	120.7×	140,762×	0.49×	—	5.31%	0.00%	—	541.0%
120	SOONSOON	$102.71M	—	—	—	—	47,754×	—	—	—	—	3,140.7%
121	edgeXEDGE	$100.89M	2.8×	3.9×	8.1×	11.2×	1.70×	—	35.30%	25.54%	7.33%	185.7%
122	WalrusWAL	$99.60M	2,240×	2,240×	4,279×	4,279×	—	—	0.04%	0.04%	—	91.0%
123	SoSoValueSOSO	$98.14M	3.7×	3.7×	10.9×	10.8×	0.56×	—	26.92%	26.99%	—	192.4%
124	dYdXDYDX	$96.25M	—	—	—	—	1.39×	—	—	—	—	13.3%
125	GALAGALA	$96.00M	—	—	—	—	19.42×	—	—	—	—	0.0%
126	Nexus MutualNXM	$95.32M	46.9×	93.9×	46.9×	93.9×	0.99×	—	2.13%	1.07%	1.07%	0.0%
127	peaqPEAQ	$93.27M	—	—	—	—	121.29×	—	0.00%	—	—	72.4%
128	WEMIXWEMIX	$90.55M	—	—	—	—	33.73×	—	—	—	—	12.2%
129	PromPROM	$88.42M	5,956×	—	6,283×	—	132.22×	—	0.02%	—	—	5.5%
130	GMXGMX	$88.34M	1.1×	1.6×	1.1×	1.6×	0.20×	—	87.28%	63.25%	54.42%	0.0%
131	WormholeW	$86.87M	385.4×	—	578.7×	—	0.05×	—	0.26%	—	—	50.2%
132	STONKSTONK	$86.08M	0.3×	0.4×	0.3×	0.4×	—	—	304.20%	267.79%	161.00%	-0.0%
133	PharosPROS	$85.51M	—	—	—	—	1.17×	—	—	—	—	637.5%
134	USD.AICHIP	$82.89M	1.6×	15.8×	7.9×	78.8×	0.33×	—	63.45%	6.34%	—	400.0%
135	LivepeerLPT	$80.93M	246.5×	246.5×	246.5×	246.5×	—	—	0.41%	0.41%	0.41%	0.0%
136	SafeSAFE	$80.34M	134.2×	134.2×	171.4×	171.4×	—	—	0.74%	0.74%	—	27.7%
137	NumeraireNMR	$79.81M	—	—	—	—	31,093×	—	—	—	—	47.9%
138	ADIADI	$77.56M	—	—	—	—	58.03×	—	—	—	—	10,499.4%
139	KavaKAVA	$76.15M	—	—	—	—	3.64×	—	—	—	—	0.0%
140	ALEOALEO	$75.05M	—	—	—	—	38.21×	—	—	—	—	39.1%
141	CoW ProtocolCOW	$74.00M	3.2×	5.6×	5.5×	9.8×	—	—	31.64%	17.74%	—	74.1%
142	Rootstock Infrastructure FrameworkRIF	$73.90M	219.6×	—	219.6×	—	0.94×	—	0.46%	—	—	0.0%
143	AmpAMP	$71.98M	—	—	—	—	58.70×	—	—	—	—	11.1%
144	VeloVELO	$71.33M	44,737×	44,737×	61,130×	61,130×	998.57×	—	0.00%	0.00%	—	36.6%
145	ZIG FinanceZIG	$70.69M	—	—	—	—	17.49×	—	—	—	—	38.7%
146	ZetaChainZETA	$69.15M	—	—	—	—	202.57×	—	0.00%	—	—	26.8%
147	QubicQUBIC	$69.14M	—	—	—	—	1,294×	—	—	—	—	24.0%
148	Flying TulipFT	$68.08M	37.2×	41.9×	39.5×	44.5×	4.56×	—	2.69%	2.39%	—	6.2%
149	LineaLINEA	$66.06M	138.8×	138.8×	405.0×	405.0×	2.76×	$22,796	0.72%	0.72%	—	191.9%
150	DiemDIEM	$65.92M	4,040×	4,040×	4,040×	4,040×	141.57×	—	0.02%	0.02%	0.02%	0.0%

معدل سنوي محسوب من آخر 30 يومًا؛ الرسملة لحظية site calculation from CoinGecko and DeFiLlama inputs observed 19 Oct 2026 07:04 UTC

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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

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Valuation & risk

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