DeFiBullishCrypto Briefing · 4h ago7/10
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Cap Labs closes CAP token auction at $106M FDV, 5.5x oversubscribed
Cap Labs successfully closed its CAP token auction at a $106M fully diluted valuation (FDV), achieving 5.5x oversubscription. The strong demand reflects growing investor confidence in DeFi platforms and transparent, on-chain auction mechanisms as alternatives to traditional token distribution methods.
