This is a general announcement, and the products and services mentioned here may not be applicable in your region.
Dear Users:
Binance values community feedback greatly and is always committed to providing users with practical and transparent information. Recently, we received feedback regarding the circulating supply data displayed on the Binance App and Binance website, and we would like to share our plans with users to respond to this feedback and provide the best support.
Current circulating supply calculation method
Currently, Binance's circulating supply data source comes from the CoinMarketCap (CMC) website. CMC's method for calculating circulating supply does not include addresses allocated to internal stakeholders of the project. For more details, please refer to CMC website.
Future Changes: CMC's New Metrics
With CMC introducing two new metrics, Unlocked Market Cap (UMC) and Unlocked Circulating Supply (UCS), Binance will integrate this new data into the token information page. For more details, please refer to CMC announcement link. We appreciate every piece of feedback from the community, and we are also very grateful for your understanding and patience as we strive to optimize.
Thank you for your support of Binance!
Binance Team
December 23, 2024
