> For the complete documentation index, see [llms.txt](https://docs.blockhorizon.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.blockhorizon.io/chart-tutorials/price-and-valuation/terminal-price.md).

# Terminal Price

Terminal Price is a per-coin valuation linked to coin days destroyed (CDD); in your implementation it equals total CDD per unit of real supply scaled by a factor of 21.

$$
\text{Terminal Price} = \frac{\text{CDD}\_\text{total}}{\text{Real Supply}} \times 21
$$