The total number of tokens currently existing, including those locked or reserved.
Total Supply refers to the total number of tokens that currently exist, including those in circulation, locked in smart contracts, reserved for future use, or not yet released from vesting schedules. It excludes tokens that have been permanently burned.
Total supply helps measure a project’s token distribution and inflation dynamics.
Total Supply vs. Circulating Supply vs. Max Supply
Circulating Supply: Tokens currently available on the market
Total Supply: All tokens that exist (excluding burned ones)
Max Supply: The absolute maximum number of tokens that can ever exist
These metrics together shape a token’s economic profile.
Why Total Supply Matters
Helps determine market cap
Provides clarity on token distribution
Shows how much supply is inaccessible or locked
Influences scarcity and inflation
Useful for evaluating vesting schedules and dilution risk
Where Total Supply Comes From
Initial token minting
Vesting releases
Staking rewards
Emissions from protocol incentives
Token burns reducing supply
Understanding total supply helps investors assess future dilution.
Summary
Total supply is the number of tokens that exist at any given moment, including locked or reserved tokens but excluding burned ones.
