What is Market cap?

Price × circulating supply.

Market capitalisation is the headline size metric: current price multiplied by circulating supply. It's useful for comparing tokens, but can mislead on its own — a token with a large market cap and thin liquidity can still be impossible to exit at the quoted price.

That's why Explorer always shows market cap next to liquidity and volume.

More terms

Mint authority · Freeze authority · FDV (Fully Diluted Valuation) · Liquidity pool · Slippage · Holder concentration · All terms