Token Supply Information Update
Dear Binancians,
At Binance, we prioritize transparency and actively listen to our community's feedback to enhance your experience. Recently, users have shared valuable input regarding the circulating supply data displayed on our platform. In response, we are pleased to share our plans to improve the accuracy and clarity of this information to better serve you.
Current Approach to Circulating Supply
Currently, Binance relies on data provided by CoinMarketCap (CMC) for circulating supply figures. CMC’s methodology excludes insider allocations when calculating circulating supply. For further details on their methodology, please visit the official CMC website.
Upcoming Enhancements: Integration of New Metrics
CoinMarketCap is set to introduce two new metrics—Unlocked Market Capitalization (UMC) and Unlocked Circulating Supply (UCS). To align with this update, Binance will incorporate these metrics into the token information section on our platform. This enhancement reflects our ongoing commitment to delivering precise and comprehensive data. Additional details regarding these changes can be found in the official announcement linked above.
We extend our gratitude for your valuable feedback and appreciate your patience as we implement these improvements. Your support drives us to continually enhance our services and ensure the best possible experience.