Circulating Supply
By CoinGecko | Updated on Aug 12, 2021
Circulating supply can be defined as the supply that is currently in the hands of the general public.In the case of fairly mined proof-of-work systems (eg. Bitcoin), the total supply is approximately equivalent to the circulating supply, as there are no token generation events which puts large amounts of tokens in the hands of a select few.On the contrary, initial coin offering (ICO) which have token generation events typically have a lower circulating supply vs. the total supply, such that: Circulating supply = Total Supply - Team tokens - Foundation tokens - Locked tokens
Related Terms
Virtual AMM (vAMM)
The vAMM functions similarly like an AMM but does not contain an actual asset pool.
Faucet
A faucet usually represents a site or app where a user can navigate to for small rewards repeated over time.
ERC-1155
ERC-1155 token standard allows each token ID to represent both non-fungible (NFTs) and fungible tokens which may have their metadata, token supply and other attributes.
Block Height
A number that is used to indicated the position of a particular block within a blockchain
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