Understanding what OTV (On-chain Tradable Volume) actually excludes is crucial:
It doesn't count tokens that are permanently locked up, already burned, or sitting in reserves with zero circulation plans. Foundation treasuries and long-term allocations? Not included. Same goes for validator stakes and ecosystem funds that aren't hitting the market anytime soon.
The whole point is measuring what's economically active—only the supply that actually matters for price discovery gets tracked.
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WenMoon
· 12-05 10:46
Ah, that's the right way to understand OTV. I always thought it referred to the total supply before.
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bridge_anxiety
· 12-04 14:44
Oh, now I get it. OTV just filters out all the dead money.
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Locked, burned, inactive... all excluded, so you can really see the actual amount that could hit the market.
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Basically, it’s about removing useless coins to see the active ones, so the price can truly reflect the market.
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I just want to know which projects have a real circulating supply that's actually much lower than what they advertise...
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So this thing is actually used to expose market manipulators—kind of interesting.
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PanicSeller69
· 12-04 12:21
Haha, that's why so many people misread the supply data.
Yeah, that's right. The real selling pressure only comes from this active liquidity.
Wait, so the coins held by validators don't count? Then what about the coins I've staked?
Crazy, finally someone explained it clearly.
It's the foundation messing around again. The actual circulating supply isn't nearly that much.
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ILCollector
· 12-03 17:03
Ha, it's the same old OTV argument again, nothing new.
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ProofOfNothing
· 12-03 17:03
Damn, finally someone explained this clearly. Too many people are confused by the supply.
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GateUser-2fce706c
· 12-03 17:00
I've said it before, the real value lies in liquidity. Dead coins don't deserve to be included in this metric. Are people still looking at TVL? I explained this logic three years ago.
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DaisyUnicorn
· 12-03 16:55
Sigh, finally someone has thoroughly explained this OTV issue. I only understood it after having made mistakes myself.
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CommunityJanitor
· 12-03 16:47
What you said is right, bro. You have to filter out the dead coins, otherwise all the data is fake.
Understanding what OTV (On-chain Tradable Volume) actually excludes is crucial:
It doesn't count tokens that are permanently locked up, already burned, or sitting in reserves with zero circulation plans. Foundation treasuries and long-term allocations? Not included. Same goes for validator stakes and ecosystem funds that aren't hitting the market anytime soon.
The whole point is measuring what's economically active—only the supply that actually matters for price discovery gets tracked.