How it works
Definitions can differ across data providers because locked, burned or treasury-held tokens may be treated differently.
What to check
Use the project's issuance documents and blockchain data when supply is important to analysis. Note whether the maximum supply is fixed, variable or absent.
- Check definition used
- Review locked allocations
- Look at future issuance
Limits and risks
A low circulating supply can make market capitalization look modest even when large future allocations are scheduled to enter circulation.
Primary sources
Bitcoin Developer Reference↗Ethereum developer documentation↗FATF: Virtual Assets↗General information only. Investment products can lose value, and terms, fees and regulation can change.