Velvet (VELVET)
Supply & valuation
Circulating supply can't be independently verified for this asset; this valuation uses total on-chain supply. Why we label it this way
VELVET — frequently asked questions
What is Velvet's supply?
Velvet has a total on-chain supply of 1.00B VELVET, read directly from the chain. Its circulating supply can't be independently verified, so we report only the total.
How is the VELVET price here computed?
The VELVET price on this page is TheDistributed's own reference price, computed from on-chain venue data rather than exchange feeds. The full method, tolerances and labels are documented on our methodology page.
Does Velvet have a market cap?
We don't label a market cap for Velvet because its circulating supply can't be independently verified. Instead this page shows a total-supply valuation of $590.5M — the reference price times the total on-chain supply — labelled as exactly that.
Is Velvet its own blockchain?
No — Velvet (VELVET) is a token issued on a host blockchain rather than a native coin. We track it by its verified canonical contract, and its on-chain figures are read from that contract.
Answers are generated from the live figures on this page — on-chain reads, our own reference price and Reddit crowd data — and update as the data does.