Total Supply News

The total supply of a cryptocurrency refers to the number of tokens that exist, whether in circulation or locked. At a given time, these tokens are publicly tradable via exchanges, both centralized and decentralized.

A project might mint more cryptocurrency than it distributes at a given moment. For instance, in a particular cryptocurrency project, tokens set out for staking rewards will only technically exist on the blockchain, as they won’t reach anyone’s wallet until a specific condition has been met. Moreover, most cryptocurrencies have a burning mechanism to control inflation. Burned tokens aren’t considered when counting the total number of tokens. Burning refers to the process of sending tokens into an inactive crypto wallet designed to take the tokens out of circulation forever. People often confuse the total supply and maximum supply of coins. The total supply indicates all the tokens issued minus burned tokens. The max supply, on the other hand, refers to all tokens that will ever be created.