Market Cap

Market capitalization ("market cap") is the total dollar value of all circulating units of a cryptocurrency, calculated as price × circulating supply. Bitcoin and Ethereum are the dominant assets by market cap; their combined cap typically exceeds 70% of the entire crypto market.

Market cap is a rough proxy for an asset's institutional acceptability. Higher cap usually correlates with deeper liquidity, more exchange listings, and lower volatility relative to smaller coins.

Why it matters for Milo customers

Milo's accepted collateral sits among the highest-cap crypto assets, and the depth of those markets is what lets Milo size loans against them confidently. Smaller-cap assets, even high-profile ones, don't meet the bar.

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