Mctc
Cardano
MCTC is the Market Cap to Thermocap ratio, comparing ADA's valuation to its cumulative security spend.
Why it matters
It judges whether price is cheap or expensive relative to the real capital committed to block production.
How it is built
Market capitalization is divided by Thermocap (cumulative validator revenue).
What to watch
High MCTC marks overvaluation relative to security investment; low MCTC marks historically cheap value zones.
Measured on this chain
Mctc on Cardano last read 36.95B on Aug 24, 2026, a change of +0.61% over 30 days, ranging from 34.64B (Jun 16, 2024) to 36.95B (Aug 24, 2026).
- Latest reading
- 36.95B
- Aug 24, 2026
- Change
- 1d +0.01%
- 30d +0.61%
- 90d +1.78%
- 1y +3.57%
- Range
- Low 34.64B·Jun 16, 2024
- High 36.95B·Aug 24, 2026
- Coverage
- Jun 16, 2024 — Aug 24, 2026
- 800 readings
| Date | Value |
|---|---|
| Aug 13, 2026 | 36.8B |
| Aug 14, 2026 | 36.8B |
| Aug 15, 2026 | 36.8B |
| Aug 16, 2026 | 36.8B |
| Aug 17, 2026 | 36.8B |
| Aug 18, 2026 | 36.81B |
| Aug 19, 2026 | 36.93B |
| Aug 20, 2026 | 36.93B |
| Aug 21, 2026 | 36.94B |
| Aug 22, 2026 | 36.94B |
| Aug 23, 2026 | 36.95B |
| Aug 24, 2026 | 36.95B |
Read from our own stored series, not quoted from a page.