Important updates on token supply information
Dear Binancers,
We deeply value the feedback from our community and strive to provide the most useful and transparent information possible. Recently, we have received feedback regarding the circulating supply data displayed on the Binance app and website, and we would like to share our plans to address user feedback and provide the best support possible.
Current methodology for circulating supply data
Currently, Binance obtains circulating supply data from CoinMarketCap (CMC). CMC's methodology for calculating circulating supply excludes allocations to insiders. For more details, please refer to the CMC website.
Upcoming changes: new CMC metrics
As CMC introduces two new metrics, unlocked market capitalization (UMC) and unlocked circulating supply (UCS), Binance will also integrate these new data points into the token information section. For more details, please refer to this announcement.
We thank the community for their feedback and ask for your understanding and patience as we work to implement these two new metrics.