CTF Written Submission

RE: “That’s Our Two Satoshis” - Fixing Token Valuations: Arca Proposes Adjusted Market Cap Standard

July 3, 2025
  • Arca proposes an adjusted market cap standard to address the incorrect calculation of market cap by other services.
  • The document emphasizes the need for a more effective methodology to account for the number of tokens actually issued, outstanding, and held back by the Treasury.
  • Arca introduces the term "Adjusted Market Cap" to provide a more accurate representation of a token's market value, considering factors like issued tokens, locked tokens, and tokens held by private investors.

Last Reviewed or Updated: July 3, 2025