Circulating Supply
The number of tokens currently available to trade, excluding those locked, reserved or not yet issued.
The number of tokens currently available to trade, excluding those locked, reserved or not yet issued.
Why it matters
Market cap uses circulating supply, so a token with most of its supply still locked can look smaller than its eventual size.
Related terms
- Market Capitalisation
- Fully Diluted Valuation
- Vesting
Keep reading
NFT
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DeFi
Financial services — lending, trading, derivatives — built from smart contracts rather than intermediaries,…
Self-Custody
Holding your own keys rather than leaving assets with an exchange or custodian.
Layer 2
A network built on top of a base blockchain that processes transactions separately and…
Bridge
A system for moving value between blockchains, typically locking an asset on one chain…
Token
A digital asset issued on an existing blockchain rather than having its own. Tokens…