1. What is the difference between total supply and circulating supply?
Total Supply: The total number of tokens that exist, including those that are locked, reserved, or otherwise not available for trading, minus any burned tokens.
Circulating Supply: The number of tokens that are currently available for public trading that are not locked or vested or held by team or treasury.
2. Why is there no Circulating Supply on my token?
Please follow our guide to submit a request for Circulating Supply to be reviewed and updated.
3. How does CoinGecko track the Total Supply and Circulating Supply of tokens that are bridged to multiple chains?
When a project issues tokens natively on more than one blockchain:
- Total Supply is the sum of the Total Supply from each native chain, minus any tokens that have been burned on those chains.
- Circulating Supply is calculated by adding the Total Supply from each chain and deducting Uncirculated Wallets across both chains.
Lock-and-Mint
When a project bridges from the source chain to the destination chain by locking tokens in the native chain and minting new ones on the destination chain:
- Total Supply is based on the source chain’s Total Supply, minus any burned tokens on the source chain.
- Circulating Supply is calculated by taking the Total Supply on the source chain and deducting Uncirculated Wallets across both chains.
When a project bridges from the source chain to the destination chain by burning tokens in the native chain and minting new ones on the destination chain:
- Total Supply is the sum of supply on the source chain (after removing burned tokens on the source chain) plus the newly minted tokens on the new chain.
- Circulating Supply is calculated by taking the sum of Total Supply minus burn on the source chain and newly minted tokens on the new chain, and deducting Uncirculated Wallets across both chains.
To submit a request involving Uncirculated Wallets across multiple chains, please provide a list of the Uncirculated Wallets on each chain (e.g. Treasury (on Base) - CA; Treasury (on Arbitrum)). If you can provide an API that accurately reflects the calculation of Total Supply - Uncirculated Wallets, we may consider using the API instead. You can find the API requirements here.
4. Does CoinGecko track the Total Supply and Circulating Supply of bridged/wrapped tokens?
Yes, we do track the Total Supply and Circulating Supply for bridged/ wrapped tokens. However, they are excluded them from the Global Market Cap on CoinGecko to prevent double counting.
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