What is Pyth Network's market cap?

Multiply the live PYTH price by the circulating supply — around 7.88 billion PYTH 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 PYTH 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 PYTH price, which is usually the more sobering number.

What is Pyth Network's fully diluted valuation?

FDV prices all 10 billion PYTH at the current price, including coins not yet circulating. The difference between FDV and market cap is the supply still to enter the market — worth knowing before you treat market cap as the whole picture.

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.

Pyth Network · PYTH

Pyth Network Market Cap Calculator

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

Result

Enter values to see the result.

Using the Pyth Network Market Cap Calculator

Market cap is simply the live PYTH 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 7.88 billion PYTH, 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.

Pyth Network's supply is bounded at 10 billion PYTH, so the fully diluted valuation is a real ceiling rather than an open-ended one. The MC/FDV row shows how much of that supply is already trading: the closer it is to 100%, the less future dilution is waiting for you, and for PYTH that gap is currently 79%.

The comparison field answers the question people actually come here for: what would PYTH be worth at some other valuation? Enter a target market cap and the calculator returns the implied PYTH 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 pYTH had a very large cliff unlock in its first years and has traded more on that schedule than on oracle adoption.

Pyth Network at a glance

Launched: Network 2021; PYTH token November 2023
Model: First-party data from exchanges and market makers
Delivery: Pull-based — applications request a price when they need it
Max supply: 10,000,000,000 PYTH
Security: Publishers stake PYTH and can be slashed for bad data
Native staking: Yes — Oracle Integrity Staking, delegated to publishers

Frequently asked questions

What is Pyth Network's market cap?: Multiply the live PYTH price by the circulating supply — around 7.88 billion PYTH 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 PYTH 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 PYTH price, which is usually the more sobering number.
What is Pyth Network's fully diluted valuation?: FDV prices all 10 billion PYTH at the current price, including coins not yet circulating. The difference between FDV and market cap is the supply still to enter the market — worth knowing before you treat market cap as the whole picture.
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 PYTH calculators

Pyth Network Profit Calculator

Free Pyth Network (PYTH) profit calculator. Enter your buy and sell price to see PYTH profit, loss, ROI and fees — prefilled with the live PYTH price.

Pyth Network DCA Calculator

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

Pyth Network Average Buy Price Calculator

Work out your weighted average Pyth Network (PYTH) entry price across multiple buys — and see exactly where your break-even sits.

Pyth Network Staking Calculator

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

Pyth Network Liquidation Price Calculator

Find the exact Pyth Network (PYTH) price that liquidates your leveraged position. Prefilled with the live PYTH price — set your leverage and direction.

Prefer the generic version without PYTH 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.