What is Internet Computer's market cap?

Multiply the live ICP price by the circulating supply — around 555.3 million ICP as of 5 August 2026. The calculator above loads the current price and does this for you; the result updates the moment you change either field.

How do I calculate the ICP price at a given market cap?

Divide the target market cap by the circulating supply. The comparison field above does it directly and also shows the multiple against today's ICP price, which is usually the more sobering number.

Does Internet Computer have a fully diluted valuation?

Not a meaningful one. ICP has no fixed maximum supply, so there is no final coin count to price. Judge it on current market cap and the annual issuance rate instead of on FDV.

How do you calculate crypto market cap?

Market cap = current price × circulating supply. A coin at $2 with 500 million coins in circulation has a $1 billion market cap. Note that it is circulating supply, not total supply — tokens still locked in vesting contracts or a treasury are excluded.

What is the difference between market cap and FDV?

Market cap uses only the coins in circulation today. Fully diluted valuation (FDV) prices every coin that will ever exist, including locked and unminted supply. A project with a $200M market cap but a $2B FDV has 90% of its supply still to hit the market.

Internet Computer · ICP

Internet Computer Market Cap Calculator

Calculate Internet Computer (ICP) market cap from the live ICP price and circulating supply — plus FDV, and the price ICP would need to reach any target valuation.

Result

Enter values to see the result.

Using the Internet Computer Market Cap Calculator

Market cap is simply the live ICP price multiplied by the number of coins in circulation, and this page does that with the current price loaded for you. The supply field starts at roughly 555.3 million ICP, which is where it stood on 5 August 2026 — supply moves, so check it against a market data source if you need an exact figure, and edit the field.

Internet Computer has no hard supply cap, so there is no honest fully diluted valuation to quote — the FDV rows stay empty unless you enter a total supply yourself. That is a genuine difference from capped assets: with ICP the question is not how much locked supply is waiting, but how fast new supply is issued relative to demand.

The comparison field answers the question people actually come here for: what would ICP be worth at some other valuation? Enter a target market cap and the calculator returns the implied ICP price and the multiple from here. It is arithmetic, not a forecast — reaching a larger cap means absorbing every holder willing to sell on the way, and iCP fell more than 95% from its first-day price and remains sensitive to unlock schedules and to NNS governance decisions.

Internet Computer at a glance

Launched: May 2021
Consensus: Chain-key cryptography with threshold signatures
Max supply: No cap — inflationary, offset by ICP burned into cycles
Fee model: Reverse gas — the application pays, not the user
Governance: Network Nervous System neurons, locked 6 months to 8 years
Native staking: Yes — via NNS neurons

Frequently asked questions

What is Internet Computer's market cap?: Multiply the live ICP price by the circulating supply — around 555.3 million ICP as of 5 August 2026. The calculator above loads the current price and does this for you; the result updates the moment you change either field.
How do I calculate the ICP price at a given market cap?: Divide the target market cap by the circulating supply. The comparison field above does it directly and also shows the multiple against today's ICP price, which is usually the more sobering number.
Does Internet Computer have a fully diluted valuation?: Not a meaningful one. ICP has no fixed maximum supply, so there is no final coin count to price. Judge it on current market cap and the annual issuance rate instead of on FDV.
How do you calculate crypto market cap?: Market cap = current price × circulating supply. A coin at $2 with 500 million coins in circulation has a $1 billion market cap. Note that it is circulating supply, not total supply — tokens still locked in vesting contracts or a treasury are excluded.
What is the difference between market cap and FDV?: Market cap uses only the coins in circulation today. Fully diluted valuation (FDV) prices every coin that will ever exist, including locked and unminted supply. A project with a $200M market cap but a $2B FDV has 90% of its supply still to hit the market.

More ICP calculators

Internet Computer Profit Calculator

Free Internet Computer (ICP) profit calculator. Enter your buy and sell price to see ICP profit, loss, ROI and fees — prefilled with the live ICP price.

Internet Computer DCA Calculator

Free Internet Computer (ICP) dollar-cost-averaging calculator. Model recurring ICP buys to see coins accumulated, average entry and portfolio value at today's live price.

Internet Computer Average Buy Price Calculator

Work out your weighted average Internet Computer (ICP) entry price across multiple buys — and see exactly where your break-even sits.

Internet Computer Staking Calculator

Estimate Internet Computer (ICP) staking rewards over any period. Prefilled with a typical ICP reward rate and the live ICP price — edit both to match your validator.

Internet Computer Liquidation Price Calculator

Find the exact Internet Computer (ICP) price that liquidates your leveraged position. Prefilled with the live ICP price — set your leverage and direction.

Prefer the generic version without ICP presets? Open the Crypto Market Cap Calculator.

For educational purposes only. Rates, fees and protocol parameters change — verify current figures with your exchange or validator before acting. Not financial advice.