Binance upgrades token information disclosure mechanism, incorporating unlocked tokens into circulation statistics

ChainCatcher news, according to the official announcement, Binance has announced an upgrade to its token information disclosure mechanism, incorporating the token unlocking schedule to provide a more transparent and comprehensive view of market capitalization and circulating supply. In this update, Binance introduced two dimensions: market capitalization and unlocked market capitalization, to better reflect the financial situation of assets, while also distinguishing between circulating supply and unlocked circulating supply.

Under the new method, market capitalization will be calculated by multiplying the circulating supply (including unlocked tokens) by the current price; if unlocking data cannot be obtained, non-publicly accessible tokens will not be counted. Users can view the details of each project's token unlocking schedule in the project overview section on the Binance website and app.